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  #11 (permalink)  
Old 12-07-2007, 11:54 AM
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Default Like House of Pain was gonna do anything

Quote:
Originally Posted by Ixtellor";p=&quot View Post
Actually the soviet union didn't attack us once during the Carter administration.
No but they marched into Afghanistan without a care because they knew Carter would do something like boycott the Olympics.

Quote:
The soviet union was doomed to failure regardless of what we did. Unless you want to defend communism as a viable form of economics.
It lasted over 50 years to the point Carter was in office and another 10 after that. No telling how long this eventuality would have taken and what would happen in the meantime.

Quote:
1) But Reagan did spend money on the military. If you take away from any Presidents budget one of the largest outputs, they all appear fiscially conservative.
Sure and FDR spent money on the military too. But it doesn't mean he wasn't fiscally conservative. What makes him not conservative was everything else. And if we took away his military spending (or LBJ's) we would still have hefty spending.

Quote:
2) Reagan issued 78 Vetos. 9 Were overridden by Congress.
Just one of them alone amounting to billions of dollars.

Quote:
3) The Democratic Congress trimmed the fat from Reagans bloated budget twice, and increased it by miniscule amounts 6 times. (Less than 4%) We have already been down this road.
Right, replaced defense spending and added bloated social spending and special interest projects to it. And 4% is still in the multi billions.

Quote:
You will have to compare OMB requests to actual budgets passed to prove that one. Are you sure that is how it really played out?
(warning: On clinton's last budget proposal, he was the most fiscally conservative President in the last 27 years)

The Republican Dogma does not match the reality.
Sure it does...Clinton was fiscally conservative as was congress. The same congress that gave him the line item veto that allowed him to get that fiscal conservative rating.
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All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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  #12 (permalink)  
Old 12-08-2007, 07:07 PM
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Default Well done, grasshopper

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Originally Posted by RipTheSystem";p=&quot View Post
The mere fact that both parties spend at unbelievable rates makes both democrat and republican finger pointers look rather ignorant.
You just Pwned everybody in this thread. Good job.
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Old 12-08-2007, 07:09 PM
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Default It is a problem

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Originally Posted by wan1234";p=&quot View Post
How does the existence of a large national debt limit the options that are available for our federal government to respond to demands for policy action?
It limits the government because it absorbs an ever higher amount of tax revenue to pay the interest on the debt. All deficit and deft spending is like a tax on future earnings. It is completely fiscally irresponsible, and both parties are to blame.
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Old 12-09-2007, 06:00 PM
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Default Simple

http://www.treasurydirect.gov/govt/r...ir_expense.htm

We spent $429 BILLION in interest payments alone in 2007.

I think this number shows the cost of what the government could be doing without the debt.
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Old 12-09-2007, 07:02 PM
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Default ronnie ray-gun had a war?

IX:
Quote:
And yet, it is Reagan and Bush Jr. who are the 2 biggest culprits in creating our national debt.
jake:
Quote:
They were/are wartime presidents, war is expensive --> the comparison is bogus.
other that the failed* war on drugs, what war was found during reagan's 8 years at the helm?

*unless massive expansion of the prison population is found to be a victory
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Well, that settles it ... who cares about facts?
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  #16 (permalink)  
Old 12-09-2007, 08:13 PM
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Default ..

Quote:
Originally Posted by justabubba";p=&quot View Post
IX:
Quote:
And yet, it is Reagan and Bush Jr. who are the 2 biggest culprits in creating our national debt.
jake:
Quote:
They were/are wartime presidents, war is expensive --> the comparison is bogus.
other that the failed* war on drugs, what war was found during reagan's 8 years at the helm?

*unless massive expansion of the prison population is found to be a victory
Yeah, dontcha love that crap?

"Oh well, war is expensive".....

As if that were any excuse....

429 billion dollars - that's a great number - here, let me put that in perspective for you: the total cost of direct expenditures in Iraq, since 2003, has been about twice that. 880 billion, give or take.

So.... um..... you know, if I had to sit in the shower and tear up hundred dollar bills, while magically dreaming up some way to make even more money disappear, I couldn't possibly think of a better way, than debt service.
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Old 12-09-2007, 09:24 PM
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Default .

Spending is one half of it. We've seen an enormous 65% and 51% increase in discretionary spending and programmatic spending over the last 6 years of total Republican rule, this when inflation has been relatively low. Contrast that to a 3% and 31% increase respectively during the first 6 years of the Clinton Administration. No comparison.

http://www.cbo.gov/budget/data/historical.pdf

Spending does, however, generate economic growth, at least temporarily, until real spending is decreased. Signficant portions of real GDP growth over the past several years can be traced to spending increases. The resulting growth can increase revenues to some extent, although the effect is temporary until spending is decreased.

The other half of the surplus or deficit equation is revenues. Cutting taxes causes a measurable drop in revenues. Raising taxes does the opposite. Supply-siders contend a portion of revenue losses from a tax cut will be offset from revenues generated from economic gains (politicians go a step further and dishonestly claim tax cuts "pay for themselves"). In practice, this is generally a relatively small fraction at best.

http://www.cbo.gov/ftpdocs/54xx/doc5485/2004-07.pdf

Therefore, both tax cuts and spending increase the deficit, increasing the debt and future debt interest, burdening future generations.
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  #18 (permalink)  
Old 12-10-2007, 01:24 PM
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Default Owen doesn't have any friends, he's fat and he's stupid

Quote:
Originally Posted by nonsqtr";p=&quot View Post
Quote:
Originally Posted by justabubba";p=&quot View Post
IX:
Quote:
And yet, it is Reagan and Bush Jr. who are the 2 biggest culprits in creating our national debt.
jake:
Quote:
They were/are wartime presidents, war is expensive --> the comparison is bogus.
other that the failed* war on drugs, what war was found during reagan's 8 years at the helm?

*unless massive expansion of the prison population is found to be a victory
Yeah, dontcha love that crap?

"Oh well, war is expensive".....

As if that were any excuse....

429 billion dollars - that's a great number - here, let me put that in perspective for you: the total cost of direct expenditures in Iraq, since 2003, has been about twice that. 880 billion, give or take.
You're right it isn't an excuse...let's start with the debt created by that war mongering FDR. How much did he spend on the military?
__________________
All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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