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Hoyer: No balanced budget for 20 years

by Phantom Ace ( 101 Comments › )
Filed under Democratic Party, Economy, Elections 2012, Republican Party at March 9th, 2011 - 11:30 am

You read the headline correctly! House Minority Whip, Steny Hoyer (D-Md.), has stated it will take twenty years to balance the budget. Clearly this shows how the Progressives don’t want to do the cuts needed to get our fiscal house in order. He doesn’t explain how we can run deficits for twenty years and keep accumulating debt without our credit rating being downgraded.

House Minority Whip Steny Hoyer (D-Md.) said on Tuesday that it may take as many as 20 years to balance the federal budget after years of deficit spending in Washington.

At Hoyer’s weekly press briefing on Capitol Hill, CNSNews.com noted that President Obama’s latest budget proposal does not balance at any time in the next 10 years and asked Hoyer, “Do you plan on introducing anything that balances within that 10-year timeframe, or is that possible?”

Hoyer said, “Now [that] we’re at $14 trillion in debt, I think the answer is – responsibly – we’re not going to get there [a balanced budget] in ten years, but we have to be on a very considered path to get there, certainly, within the next decade and a half or two decades,” Hoyer said Tuesday at his weekly press briefing.

Read the rest: Hoyer Says Federal Budget May Not Be Balanced for 20 Years

So it’s responsible to not balance the budget as quick as possible? No it’s irresponsible accepting massive deficit and accumulation of debt. This is a recipe for continuing anemic economic growth, job creation and wage increases we have had since 2001. Basically Hoyer is saying America is looking at two more lost decades of economic opportunity for Americans. This is irresponsible and criminal in my mind and the Republicans should go after him for this statement.

Barack Hussein Obama is of the same mentality as Steny Hoyer. After preaching fiscal responsibility in his 2008 campaign, he went to increase the federal debt and encourage the Federal Reserve to keep printing money. Now that the GOP controlled House is serious about bringing our fiscal situation under control, his true colors have been revealed. Rather than agree to cuts he is now advocating more spending.

“People started to realize what is needed is not either, or — not either more money or more reform, it’s both and. Both more money and more reform,” President Obama said at a technology school in Boston on Tuesday.

See the clip Here: Obama: “More Money” Is Needed For Education Reform

The US has spent billions on education over the last 30-40 years and nothing has improved. Clearly the issue isn’t more money, it’s the way subjects are taught. Most of the curriculum is designed by the Progressive NEA with the goal of indoctrination. They outcome they desire is teach people what to think, not how to think. What is needed is to break the back of the teachers unions, reform the curriculum and teach people skills they need in the real world. AN emphasis on critical thinking is needed. Borrowing more money from China or having the Feds print more money is not the answer.

In more Democratic/Progressive news here is something that should get out. The number three Democrat in the House, James Clyburn, D-S.C, will meet Louis Farrakhan. You read that correctly, the Minority Whip for the Democrats will meet with a known racist.

U.S. House Minority Whip James Clyburn, D-S.C., will join controversial Nation of Islam minister Louis Farrakhan Friday at Pittsburgh’s August Wilson Center for African American Culture for a live broadcast discussion on “The Disappearing Black Community and How We Can Get It Back.”

According to event details, Farrakhan will deliver the forum’s keynote address, focusing on “what blacks need to do to rebuild their communities and regain the purpose of the civil rights struggles of previous generations.”

This is just sickening and shows what the modern Democratic Party is about. The Progressive media gives a racist like Farrakhan a pass just because he is Black and a Muslim. James Clyburn should be condemned for meeting with this vile man. If this was a Republican he would be rightfully hounded for this. As we know, Democrats are allowed to do anything they want. Even murder is OK for Democrats since the media will give them a pass.

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