Showing posts with label John Boehner spending cuts. Show all posts
Showing posts with label John Boehner spending cuts. Show all posts

Tuesday, May 8, 2012

Boehner: "We're the next Europe"

Totally stupid and irresponsible.

Here are some of Boehner's comments from his interview on CNBC with Maria Bartiromo:

Boehner: "We're the next Europe."

Totally stupid and irresponsible comment. No distinction made about European countries being like states in the U.S. They can't issue currency. The United States doesn't have that problem. Intentionally misleading and fear mongering.

Boehner: "SS, Medicare and Medicaid will bankrupt our nation."

How? Payments to Social Security, Medicare and Medicaid are nothing more than accounting entries. Keystrokes. How does that bankrupt us? If we have the real resources to care for seniors, we can't be bankrupt by entering a number on a spreadsheet. It's preposterous.

Boehner: "There is no money left."

You can't run out of government fiat. It's issued by decree. Again, just an accounting entry.