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Old 09-06-2008, 08:37 AM
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Quote:
Originally Posted by Caltex View Post
The Republicans controlled the Congress under Bill Clinton.

Additionally the chart only shows ONE time block where the deficit was shrinking, and during that time Republicans and Democrats shared control, and the economy hit an economic boom. (the boom happening for politically independent reasons.)

Both parties have run deficits for the last 40 years. Our current situation with Democrats controlling Congress and Bush in the White House has us running very high ones. Sure, it's all the republicans.
Check the graph back through history and you'll find that the largest deficits mostly match times of war. War is the most expensive undertaking the US has ever engaged in. It was Bush's decision to go to war, unnecessarily.
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Last edited by Doug_yvr; 09-06-2008 at 08:38 AM.
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  #22 (permalink)  
Old 09-06-2008, 08:37 AM
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Originally Posted by TheHat View Post
Go grab Obama's Kelly Blue Book Policy Book. It is all right there in print, as stupid as that was to do...lol.

But he left out some stuff to, like the UN World Poverty Tax, which will cost $650 billion. That alone, is more then enough. What about his new civilian police force? His "patriotic/non-patriotic" company tax? See, you guys probably have never heard about these, or actually cared to look into the fineprint of his policy book. This man is going to do the exact opposite of what he says he is doing.

DOnt believe me? Go read his policy book. Then try and figure out how he plans to fund all that w/o spending more money.

Only a fool, thinks he can do all that without spending more.
Compared to McCain?
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Old 09-06-2008, 08:42 AM
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I guess we could start counting the world events that occured during the Bush Admin.You folks seem to discount all the problems that have plague the country for the last 8 years or so.

Lets see....

Bush enters office in recession-thanks Bill for spanking Gates in the bum and scaring all the investors out of the market.

Then 911...no big deal.

Then Afghanistan followed by Iraq.....just throwing money away Im sure.

Then of course NewOrleans is decimated....whatever.

And somehow the economy still thrived for the better part of his terms.Taxes were cut and spawned growth.

Of course it must have pissed off the dems to have to give that money to actual necessity rather than taking care of those 'less fortunate' with entitlements.
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Old 09-06-2008, 08:42 AM
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Originally Posted by Doug_yvr View Post
I doubt Obama could do worse than Bush. Democrats have historically been much better at managing the budget.

I would like to see some statistics that reflect the overall economy before Clinton left office and when Bush entered office.

I would also like you to tell me the years during Bush where the graph you brought shows the greatest negative amounts.

And, then, perhaps someone can tell us more about the effects one president has on the economy as a whole. Perhaps someone can tell us more about the cycles an economy goes through..
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Old 09-06-2008, 08:44 AM
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Originally Posted by Doug_yvr View Post
Check the graph back through history and you'll find that the largest deficits mostly match times of war. War is the most expensive undertaking the US has ever engaged in. It was Bush's decision to go to war, unnecessarily.
Didnt the house and Senate authorize it?
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My attitude is that if the economy's good for folks from the bottom up, it's gonna be good for everybody. ... I think when you spread the wealth around, it's good for everybody.
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''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis''......''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
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Old 09-06-2008, 08:54 AM
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Quote:
Originally Posted by Sparky Farkas View Post
Excellent Doug! And from the Congressional Budget Office, no less.

Your turn The Hat.
Nice Chart but it leaves out one important number..

http://en.wikipedia.org/wiki/Image:R...ses_-_2007.png

Sad how many people buy the propaganda on both sides.....think for yourself.
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Old 09-06-2008, 09:03 AM
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Quote:
think for yourself
Blasphemy!

If these people knew how to think for themselves they wouldn't support *either* party.
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Old 09-06-2008, 09:05 AM
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Quote:
Originally Posted by MrRelevant View Post
Didnt the house and Senate authorize it?
Nice try. Bush led the country to war.
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Old 09-06-2008, 09:06 AM
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Quote:
Originally Posted by TheHat View Post
Go grab Obama's Kelly Blue Book Policy Book. It is all right there in print, as stupid as that was to do...lol.

But he left out some stuff to, like the UN World Poverty Tax, which will cost $650 billion. That alone, is more then enough. What about his new civilian police force? His "patriotic/non-patriotic" company tax? See, you guys probably have never heard about these, or actually cared to look into the fineprint of his policy book. This man is going to do the exact opposite of what he says he is doing.

DOnt believe me? Go read his policy book. Then try and figure out how he plans to fund all that w/o spending more money.

Only a fool, thinks he can do all that without spending more.
On problem with your train of thought here, the UN poverty tax will cost 650 billion between all of the sponsoring countries on the proposal and an NGO will be set up to manage the funds. So basically it will end up costing us like 100 million. I still think it's retarded to help people through government organizations, though.
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Old 09-06-2008, 09:30 AM
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So none of the Republicans here have a problem with Bush's plan to socialize Freddie Mac and Fannie Mae's losses?
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