anyways. paul ryan did the same exact thick. the trigger thing you mentioned is the perfect example of this. it s a threat. it s meant to be so distasteful as to force congress to compromise because if they don t compromise, defense will be arbitrarily cut at the $600 billion number. if you look at that threat and if they have to implement it, guess who has to decide the details of this? congress. not even this congress, a future congress. now let me really blow your mind, that $600 billion cut is based off a fake number, cbo baseline, it s a projection of defense spending that no one ever thought was real. you could cut billions from the defense budget and the defense budget could still keep rising. it s comparing fake numbers against fake numbers so everybody can claim to cut the deficit and budget. having a pageant that s about a play that is based on history in order to talk about what s going on in current events. it s a designed to get our minds
a little daily rant and keli goff here to offer it up. hey, dylan. people end up going into politics or media because they can t do math including yours truly. but over the last week or so my joke hasn t seemed like a laughing matter. in fact, last week on this show when both senator reid and speaker boehner s cuts didn t add up by the congress budget office, dylan asked the question, are these two guys smarter than a fifth grader? much of the ceiling debate focused on the political positions, there appears to be one thing that helped americans agree on. we can all agree many of our elected officials know a lot less an finance and economics than those responsible for the financial future of an entire country should. more terrifying, many appear to know less about such matters than most of us to. i previously discussed on this very show hypocrisy of elected officials with their own financial woes lecturing the rest of us on fiscal responsibility.
but i did. they said i couldn t fight above my weight class. but i did. they said i couldn t get elected to congress. but i did. sometimes when we touch ha ha! millions of hits! [ male announcer ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. constipated? phillips caplets use magnesium, an ingredient that works more naturally with your colon than stimulant laxatives, for effective relief of constipation without cramps. thanks. good morning, students. today we re gonna continue.
as a reference, can you calculate how long it will take you to pay off your own credit card balance? or, how about asking them to plan a monthly budget and savings for a three-month emergency fund for their families on a base salary of $45,000, which is the average american median income? i noticed earlier i m not exactly a math whiz myself. the difference between me and a member of congress is i m not responsible for crafting financial policies that can affect millions of other people. so maybe instead of sending candidates to media training classes and fund-raising boot caverns, something both major political parties issue, we should send all candidates to mandatory accounting and economics classes. if you were to look, so, yes, first, obviously, when you re talking to me, when you look at actually how to effect that, when you realize it again, the economy rewards those who can get your attention, there s a reason kim kardashian has a lot
that s from the speaker on monday. yes, and he s talking about future budgets as well which you can t talk about. you can t mandate congress, future congress in anything binding. so i think, look, republicans have a very winning message here. people want spending cuts and they definitely do not want the debt ceiling increased but you have to do it. it would be catastrophic if you didn t do it. although i would agree, democrats have a very potent point, too, you look at the polling. they want taxes for the rich as part of spending cuts. a lot of people agree with that. you re right, no side seems to be budging on this. what i think is going to be a real issue is democrats are calling for cuts to big oil. and republicans have mixed messages in the past on that one. i think it will be a huge mistake when you look at this, oil companies, you cut their subsidies. one, they re going to pass it down to the consumer but two, look who really owns these oil companies. only 1.5% of oil companie