81artmonk Posted February 8, 2009 Share Posted February 8, 2009 Oh please where was their outrage when Bush ran up a trillion dollar yearly deficit? Oh that's right, they were busy writing me 2 page letters trying to explain why they thought Bush was right. Sorry twa but the only reason they are in opposition is because its Obama and not McCain in the White House and that is not doing what's best for our country unless you believe partisan hackery and obstructionism is best for our country. I will enjoy their continued irrelevancy. Interesting, I thought most of the spending was on the war, and didn't Dems vote to approve that?? tsk tsk tsk Link to comment Share on other sites More sharing options...
81artmonk Posted February 8, 2009 Share Posted February 8, 2009 Someone explain this to me:420 billion deficit 2006 and everyone is talking fear and the end of capitalism. 1 trillion deficits over the next 3 years and "its okay, because it could be worse"? This is the wrong time to be spending out baby boomer backup money. We will be hitting the beginnings of the 2012 to 2017 inability to pay for them. now that we will be 5 tillion in debt when its all said and done with 10% interest rates. good luck to those over 60. This is the one way to make family mandatory. :notworthy:applause: But you have to understand this is OBAMA, not BUSH, so this is all ok. Link to comment Share on other sites More sharing options...
81artmonk Posted February 8, 2009 Share Posted February 8, 2009 Well one thing is for sure, football season is over and as such all the chicken littles have come home to roost. Ya'll are screaming like a bunch of old hens. Oh I know how we get out of this, more tax cuts for the rich....:doh: DON"T ever call me a partisan hack, after your last 5-6 posts in this thread. just saying Link to comment Share on other sites More sharing options...
81artmonk Posted February 8, 2009 Share Posted February 8, 2009 Deficit spending, not tax cuts, is how you get out of a recession, if history is to be believed. Ya'll just keep pulling for Herbert Hoover, I'm sure it'll be ok. according to history, that has never worked. Link to comment Share on other sites More sharing options...
isle-hawg Posted February 8, 2009 Share Posted February 8, 2009 How about this for a crazy idea, instead of borrowing another trillion dollars from our good friends the Chinese. Our government just balance the ****ing budget? Link to comment Share on other sites More sharing options...
twa Posted February 8, 2009 Share Posted February 8, 2009 How about this for a crazy idea, instead of borrowing another trillion dollars from our good friends the Chinese. Our government just balance the ****ing budget? Wait a minute....you mean cut spending or raise taxes? Are you insane?...put it on the CC,we'll worry about it later After all throwing money at it worked with Katrina:rolleyes: http://www.nola.com/timespic/stories/index.ssf?/base/news-12/1233987831107630.xml&coll=1 The federal Disaster Housing Assistance Program, known as DHAP, will no longer pay rent for nearly 15,000 New Orleans-area households and thousands of other families displaced by Katrina, including more than 5,000 in the Houston area. "We don't know what we're going to do. I guess we're going to have to become a burden to our children," said Charles Ricord, the disabled man from St. Bernard. Link to comment Share on other sites More sharing options...
isle-hawg Posted February 8, 2009 Share Posted February 8, 2009 Wait a minute....you mean cut spending or raise taxes?Are you insane?...put it on the CC,we'll worry about it later After all throwing money at it worked with Katrina:rolleyes: It worked like a charm with the first 2 bailouts also.:doh: Could it possibly be that the fact the government keeps spending way more than it takes in the form of revenue and borrows and prints more money to make up the difference year after year, have anything to do with it? Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted February 8, 2009 Share Posted February 8, 2009 DON"T ever call me a partisan hack, after your last 5-6 posts in this thread.just saying Partisan hack... just seeing what would happen if I did. Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted February 8, 2009 Share Posted February 8, 2009 according to history, that has never worked. Oh, then we are still in the Great Depression then? Link to comment Share on other sites More sharing options...
JohnLockesGhost Posted February 8, 2009 Share Posted February 8, 2009 The thing is Thiebear that in the 30's the war brought us out of the depression but only because we used deficit spending, the difference now from then is that before the war there wasn't a standing army as such the deficit spending went to military build up, putting tons of people to work in factories and in the military, only after the war the army stayed and so now there is no army to build to create jobs, as such the deficit spending needs to be spent somewhere else. If deficit spending led to a wealthier nation, we'd be in great shape and Bush would be a hero. Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted February 8, 2009 Share Posted February 8, 2009 :notworthy:applause: But you have to understand this is OBAMA, not BUSH, so this is all ok. You're funny 81, because you act like Obama is spending the money in the same way that Bush did the two are not the same and you cannot say they are and still be telling the truth. Link to comment Share on other sites More sharing options...
twa Posted February 8, 2009 Share Posted February 8, 2009 If deficit spending led to a wealthier nation, we'd be in great shape and Bush would be a hero. ols you owe me a key board:cheers: Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted February 8, 2009 Share Posted February 8, 2009 ols you owe me a key board:cheers: Laugh if you must but he's still wrong, because its not so much about deficit spending as it is jobs creation and putting people to work, which Bush failed to do. Link to comment Share on other sites More sharing options...
JohnLockesGhost Posted February 8, 2009 Share Posted February 8, 2009 Laugh if you must but he's still wrong, because its not so much about deficit spending as it is jobs creation and putting people to work, which Bush failed to do. Government created jobs are almost never productive. If they were the Soviet Union would be the greatest economy the world has ever seen. And France too. Link to comment Share on other sites More sharing options...
luckydevil Posted February 8, 2009 Share Posted February 8, 2009 Laugh if you must but he's still wrong, because its not so much about deficit spending as it is jobs creation and putting people to work, which Bush failed to do. You know it is possible for a country to have low unemployment and be poor. There is more to a healthy economy than just low unemployment. The government shouldn't be in the business of job creation. Oh partisanship disgusts me. Amusing to watch some of our liberal members transform into hacks for Obama and our conservative members actually care about spending now. Link to comment Share on other sites More sharing options...
twa Posted February 8, 2009 Share Posted February 8, 2009 Speaking of France http://www.newsweek.com/id/183663 A decade ago U.S. government spending was 34.3 percent of GDP, compared with 48.2 percent in the euro zone—a roughly 14-point gap, according to the Organization for Economic Cooperation and Development. In 2010 U.S. spending is expected to be 39.9 percent of GDP, compared with 47.1 percent in the euro zone—a gap of less than 8 points. As entitlement spending rises over the next decade, we will become even more French. ... The Obama administration is caught in a paradox. It must borrow and spend to fix a crisis created by too much borrowing and spending. Having pumped the economy up with a stimulus, the president will have to cut the growth of entitlement spending by holding down health care and retirement costs and still invest in ways that will produce long-term growth. Obama talks of the need for smart government. To get the balance between America and France right, the new president will need all the smarts he can summon. Link to comment Share on other sites More sharing options...
SkinsHokieFan Posted February 8, 2009 Share Posted February 8, 2009 Laugh if you must but he's still wrong, because its not so much about deficit spending as it is jobs creation and putting people to work, which Bush failed to do. Again if its about job creation just hire 4 million people to lick envelopes for the government Link to comment Share on other sites More sharing options...
luckydevil Posted February 8, 2009 Share Posted February 8, 2009 Speaking of Francehttp://www.newsweek.com/id/183663 A decade ago U.S. government spending was 34.3 percent of GDP, compared with 48.2 percent in the euro zone—a roughly 14-point gap, according to the Organization for Economic Cooperation and Development. In 2010 U.S. spending is expected to be 39.9 percent of GDP, compared with 47.1 percent in the euro zone—a gap of less than 8 points. As entitlement spending rises over the next decade, we will become even more French. ... The Obama administration is caught in a paradox. It must borrow and spend to fix a crisis created by too much borrowing and spending. Having pumped the economy up with a stimulus, the president will have to cut the growth of entitlement spending by holding down health care and retirement costs and still invest in ways that will produce long-term growth. Obama talks of the need for smart government. To get the balance between America and France right, the new president will need all the smarts he can summon. And the republican congress and conservative movement led us there. Thanks a lot. Link to comment Share on other sites More sharing options...
isle-hawg Posted February 8, 2009 Share Posted February 8, 2009 And the republican congress and conservative movement led us there. Thanks a lot. I agree with your former comment (and add in the R. President as well). But realize they are/were not fiscal conservative on any level however! That is one reason they are out of power. Good riddance, unfortunately it is just more of the same though the Dems now feel it is there turn to find there own way to waste our money.:mad::mad::mad: Link to comment Share on other sites More sharing options...
twa Posted February 8, 2009 Share Posted February 8, 2009 Look at the brightside luckydevil When it all collapses maybe they will listen,or just embrace socialism:whoknows: Link to comment Share on other sites More sharing options...
Thiebear Posted February 9, 2009 Share Posted February 9, 2009 And the republican congress and conservative movement led us there. Thanks a lot. Technically it was a Republican Congress / Democrat Clinton Then a Republican Congress / Republican Bush Then a Democrat Congress / Drunk Paris Hilton Bush Then a Democrat Congress / New President Obama carry on Link to comment Share on other sites More sharing options...
isle-hawg Posted February 9, 2009 Share Posted February 9, 2009 Technically it was a Republican Congress / Democrat Clinton Didn't Bush Jr inherit a balanced budget? Link to comment Share on other sites More sharing options...
Thiebear Posted February 9, 2009 Share Posted February 9, 2009 Didn't Bush Jr inherit a balanced budget? The recession hit end of 1999...2000... with the housing issue in tow also. Link to comment Share on other sites More sharing options...
81artmonk Posted February 9, 2009 Share Posted February 9, 2009 Oh, then we are still in the Great Depression then? WWII ended the depression, it wasn't govt spending money like these guys want to do. Link to comment Share on other sites More sharing options...
81artmonk Posted February 9, 2009 Share Posted February 9, 2009 You're funny 81, because you act like Obama is spending the money in the same way that Bush did the two are not the same and you cannot say they are and still be telling the truth. Oh I completely agree. Bush spent the money on the war, while Obama wants to give money to people who got us into this mess to begin with. However, my point was, when Bush spent, it was bad, now that it's Obama it's alright. just trying to point out the double standard. Link to comment Share on other sites More sharing options...
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