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  #571 (permalink)  
Old 04-22-2009, 09:17 AM
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Couldn't disagree more. Spending to repair a spending problem is like trying to fix a broken window with a hammer...
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  #572 (permalink)  
Old 04-22-2009, 09:32 AM
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Originally Posted by stonehorse View Post
Actually yes, most of you are blinded by partisan blinders. Or else Bush would not have been re-elected in 2004 after 4 years of irresponsible fiscal policy.

Until this economic collapse our greatest debt was incurred under Reagan and Bush. And both of these spendthrifts served two terms.

I don't believe this criticism of spending to repair the damage done by previous administrations is anything but partisan mental masturbation.
Presidents don't spend. Congress spends. Blame the congress under those two presidents for profligate spending. That includes the years of republican congress.
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  #573 (permalink)  
Old 04-22-2009, 11:56 AM
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Originally Posted by Anikdote View Post
Couldn't disagree more. Spending to repair a spending problem is like trying to fix a broken window with a hammer...
I would agree if it was a spending problem. But it is a dead economy - people soon to be starving problem.

Since we have sent our manufacturing base to low wage countries we have nothing but government intervention to put people to work.

How else does an economy based on paper shuffling pull itself up?
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  #574 (permalink)  
Old 04-22-2009, 12:06 PM
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Originally Posted by Atlas View Post
Presidents don't spend. Congress spends. Blame the congress under those two presidents for profligate spending. That includes the years of republican congress.
That is the theory. Not the reality. Presidents sign or veto bills and congress knows which they will do. Presidents also appoint heads of agencies which do the actual work of government.

But you have a point. I should blame the ideas, not the individuals. Ideas like deregulation to the point of creating an unsustainable economy.
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Old 04-22-2009, 12:12 PM
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Originally Posted by stonehorse View Post
That is the theory. Not the reality. Presidents sign or veto bills and congress knows which they will do. Presidents also appoint heads of agencies which do the actual work of government.

But you have a point. I should blame the ideas, not the individuals. Ideas like overregulation to the point of creating an unsustainable economy.
It is the theory, the law and the reality. Congress controls the checkbook.

If your elected officials in congress don't do their fiduciary duty to your satisfaction, don't vote to re-elect them.

Last edited by Atlas; 04-22-2009 at 12:13 PM.
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  #576 (permalink)  
Old 04-22-2009, 02:06 PM
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Originally Posted by stonehorse View Post
Actually yes, most of you are blinded by partisan blinders. Or else Bush would not have been re-elected in 2004 after 4 years of irresponsible fiscal policy.

Until this economic collapse our greatest debt was incurred under Reagan and Bush. And both of these spendthrifts served two terms.

I don't believe this criticism of spending to repair the damage done by previous administrations is anything but partisan mental masturbation.
If Bush and Reagan were spendthrifts (they were ) and that was a bad thing (it was), then what does that make Obama?



That big deficit, that's under Obama. It is, in two years, as much as Bush spent in 8. How will that "repair the damage done"? Why doesn't he get your spendthrift label? Is it because he tells you that he isn't so it must be true?
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  #577 (permalink)  
Old 04-22-2009, 02:16 PM
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One might look at the difference between the type of spending.

Bush - war.

Obama - recovery from mistakes of previous administration.

If you think tax cuts for the rich, cuts in the Estate Tax and unnecessary and probably illegal war provide the same benefit as recovery spending we have no common base for discussion.
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  #578 (permalink)  
Old 04-22-2009, 02:17 PM
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Originally Posted by BleedingHeadKen View Post
If Bush and Reagan were spendthrifts (they were ) and that was a bad thing (it was), then what does that make Obama?



That big deficit, that's under Obama. It is, in two years, as much as Bush spent in 8. How will that "repair the damage done"? Why doesn't he get your spendthrift label? Is it because he tells you that he isn't so it must be true?
But, but, but...he is a liberal socialist, so it is good when he does it.
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  #579 (permalink)  
Old 04-22-2009, 02:18 PM
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Quote:
Originally Posted by stonehorse View Post
One might look at the difference between the type of spending.

Bush - war.

Obama - recovery from mistakes of previous administration.

If you think tax cuts for the rich, cuts in the Estate Tax and unnecessary and probably illegal war provide the same benefit as recovery spending we have no common base for discussion.
From the looks of it the war was cheaper, and what about Regan, what is your reason for him, he didn't have a war to blame it on.
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  #580 (permalink)  
Old 04-22-2009, 02:56 PM
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Originally Posted by stonehorse View Post
I would agree if it was a spending problem. But it is a dead economy - people soon to be starving problem.

Since we have sent our manufacturing base to low wage countries we have nothing but government intervention to put people to work.

How else does an economy based on paper shuffling pull itself up?
If you mean unproductive paper shuffling then it doesn't "pull itself up" and putting more people to work unproductively shuffling papers or doing other unproductive things isn't going to make the economy better. In fact, it will make things much much worse.
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Last edited by BleedingHeadKen; 04-22-2009 at 02:56 PM.
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