US Message Board

Go Back   US Message Board > US Discussion > Economy
Register FAQ Blogs Members List Calendar Search Today's Posts Mark Forums Read

Economy Discuss economic policy and wallstreet


Login to remove all ads

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 07-04-2008, 12:48 AM
Yes we can!
 
Join Date: May 2008
Location: Va. Beach, Va.
Posts: 5,155
Rep Power: 14
Chris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayor
Reagan and Bush responsible for 90% of National Debt

Tax cut and spend has bankrupted America.....

ReaganBushDebt.org
Reply With Quote
       

Login to remove all ads

  #2 (permalink)  
Old 07-04-2008, 01:10 AM
Annie's Avatar
Registered User
 
Join Date: Nov 2003
Posts: 36,997
Rep Power: 236
Annie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religionAnnie could successfully start his own religion
Quote:
Originally Posted by Kirk View Post
Tax cut and spend has bankrupted America.....

ReaganBushDebt.org
The details of all is underwhelming, but carry on. Did you know that GW is not in the election this year?
__________________
"We are fighting today for our life, for our liberty, for our all, we cannot go on being led as we are. Somehow or other, we must get into the Government men who can match our enemies in fighting spirit, in daring, in resolution and in thirst for victory."~Leo Amery 1940, while staring at Chamberlain
Reply With Quote
  #3 (permalink)  
Old 07-04-2008, 01:14 AM
RetiredGySgt's Avatar
Registered User
 
Join Date: May 2007
Location: North Carolina
Posts: 11,601
Rep Power: 166
RetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religion
You are aware that the Democrats that controlled congress under Reagan are responsible for the budget. Reagan submitted his Budget every Year and the democrats created a Budget with a huge amount over what Reagan requested. They, the democrats, in fact announced that if Reagan was going to raise defense spending they were going to raise social spending even higher.

But hey don't let simple facts get in the way of a good lie.
__________________
The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd. Indeed in view of the silliness of the majority of mankind, a widespread belief is more likely to be foolish than sensible.

-Bertrand Russell

Facts are stubborn things, but statistics are more pliable

-Laurence J. Peters

I never said that you had no right to have an opinion. I just said that it was, in fact, worth nothing.

-Maineman ( on 12 June 2007)
Reply With Quote
  #4 (permalink)  
Old 07-04-2008, 07:24 AM
jreeves's Avatar
Registered User
 
Join Date: Feb 2008
Posts: 4,517
Rep Power: 78
jreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddha
Quote:
Originally Posted by Kirk View Post
Tax cut and spend has bankrupted America.....

ReaganBushDebt.org
Yep all Reagan's fault for out of this world defecits.
AllPolitics - Surprise! Congress Overrides A Reagan Veto - September 20, 1982
When the ayes and the nays were totted up, it appeared at first to be a devastating defeat for Ronald Reagan. Both the House of Representatives and the Senate voted to override the President's veto last month of a $ 14.2 billion supplemental spending bill. It marked the first time that Congress had overturned a Reagan veto of an economic measure, * and it did so in impressive numbers: the vote in the House was 301 to 117 -- 22 more than the two-thirds needed for an override; in the Republican-controlled Senate the tally was 60 to 30, exactly the required margin. But if the rebuke was supposed to sting, the White House appeared surprisingly unruffled. "We're going to have a lot more chances, 'cause I'm going to do a lot more vetoing." said a feisty Reagan as he campaigned for Republican candidates in Utah last Friday. " Any time there is an attempt to bust the budget, I will veto."
__________________
Be thankful we're not getting all the government we're paying for.
Will Rogers

Socialism is a philosophy of failure, the creed of ignorance, and the gospel or envy, its inherent virtue is the equal sharing of misery.

Winston Churchill

And so, my fellow Americans: ask not what your country can do for you—ask what you can do for your country.

JFK

No man's life, liberty, or property are safe while the legislature is in session. -- Mark Twain
Reply With Quote
  #5 (permalink)  
Old 07-04-2008, 07:56 AM
midcan5's Avatar
liberal
 
Join Date: Jun 2007
Location: Philly
Posts: 2,425
Rep Power: 65
midcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddhamidcan5 could be the buddha
Thirty years of republican rule has had its impact. Used to be called trickle down, then supply side, some rightly called it voodoo economics but its effect has been detrimental. We now match third world nations in healthcare and the separation of rich and poor. Call it greed, call it stupidity, some still buy into it as they sink further away from middle class status.


A vote for John McCain is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.


"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well."

Tax cuts spur economic growth
Reply With Quote
  #6 (permalink)  
Old 07-04-2008, 08:03 AM
jreeves's Avatar
Registered User
 
Join Date: Feb 2008
Posts: 4,517
Rep Power: 78
jreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddha
Quote:
Originally Posted by midcan5 View Post
Thirty years of republican rule has had its impact. Used to be called trickle down, then supply side, some rightly called it voodoo economics but its effect has been detrimental. We now match third world nations in healthcare and the separation of rich and poor. Call it greed, call it stupidity, some still buy into it as they sink further away from middle class status.


A vote for John McCain is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.


"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well."

Tax cuts spur economic growth
Democrats controlled congress for the majority of those thirty years. Also, bestowed upon us the entitlement programs(Social Security, Medicare and Medicaid) which grows at an automatic rate increase of about 8 percent a year, by far outgrowing the economy. While the demographic in our nation gets older and there are fewer contributors to these programs. Is there any wonder why we have defecits?
__________________
Be thankful we're not getting all the government we're paying for.
Will Rogers

Socialism is a philosophy of failure, the creed of ignorance, and the gospel or envy, its inherent virtue is the equal sharing of misery.

Winston Churchill

And so, my fellow Americans: ask not what your country can do for you—ask what you can do for your country.

JFK

No man's life, liberty, or property are safe while the legislature is in session. -- Mark Twain

Last edited by jreeves; 07-04-2008 at 08:21 AM.
Reply With Quote
  #7 (permalink)  
Old 07-04-2008, 08:19 AM
Steerpike's Avatar
Registered User
 
Join Date: Dec 2007
Posts: 932
Rep Power: 28
Steerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the presidentSteerpike could be the president
Yeah, people do understand that Congress controls the purse strings right?
__________________
"There ain't no devil, there's just God when he's drunk." - Tom Waits
Reply With Quote
  #8 (permalink)  
Old 07-04-2008, 08:30 AM
RetiredGySgt's Avatar
Registered User
 
Join Date: May 2007
Location: North Carolina
Posts: 11,601
Rep Power: 166
RetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religionRetiredGySgt could successfully start his own religion
Quote:
Originally Posted by jreeves View Post
Democrats controlled congress for the majority of those thirty years. Also, bestowed upon us the entitlement programs(Social Security, Medicare and Medicaid) which grows at an automatic rate increase of about 8 percent a year, by far outgrowing the economy. While the demographic in our nation gets older and there are fewer contributors to these programs. Is there any wonder why we have defecits?
Congress was controlled by the dems from 1952 until 1994 with 2 2 year periods of republican control in the senate. The money bills all come from the House.

I like how if Bill Clinton is President and a republican congress creates a surplus he gets credit for it though.
__________________
The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd. Indeed in view of the silliness of the majority of mankind, a widespread belief is more likely to be foolish than sensible.

-Bertrand Russell

Facts are stubborn things, but statistics are more pliable

-Laurence J. Peters

I never said that you had no right to have an opinion. I just said that it was, in fact, worth nothing.

-Maineman ( on 12 June 2007)
Reply With Quote
  #9 (permalink)  
Old 07-04-2008, 09:05 AM
Registered User
 
Join Date: Jun 2008
Location: Maine
Posts: 6,442
Rep Power: 42
editec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond reputeeditec has a reputation beyond repute
While I certainly won't deny that the Repubicans spend and cut taxes policies have increased the national debt even worse than the Dems had when they held the reins of power, one must understand that this problem is the not the result of one or two errant POTUSs. but rather of the entire elite class which made, make and will continue to make the policies which drive our nation into debt.

Those people benefit fromt hat debt, understand? That is the TRUE Source of their power.

And while the argument can and has been made that the PEOPLE elect our leaders, I dismiss such simplistic arguments because the PEOPLE DO NOT REALLY get to decide between potential leaders with any REAL difference.

When it comes to issues of macroeconomics, there is ONE PARTY, folks -- the MONIED PARTY

Politics is a shadowpuppet theater meant to amuse and stupify the public into thinking they have some measure of control over their lives and tyhe course the nation will take.

And it works, too ~ lordie lou! ~ does it ever.

As sampling of the partisan nonsense on this board, our collective rush to create heros or villians of the parties (and the people who support them) leads me to think that most people BELIEVE that the shadow pupperty of liberal V conservative politics explains it all.

Obviously, I think that simplistic world view is highly unlikely.

Last edited by editec; 07-04-2008 at 09:06 AM.
Reply With Quote
  #10 (permalink)  
Old 07-04-2008, 09:37 AM
Gunny's Avatar
Administrator
 
Join Date: Dec 2004
Location: The Republic of Texas
Posts: 22,069
Rep Power: 369
Gunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religionGunny could successfully start his own religion
Quote:
Originally Posted by Kirk View Post
Tax cut and spend has bankrupted America.....

ReaganBushDebt.org
Where's that rolling on the floor laughing my ass of so hard I'm dying of a heart attack emoticon when one needs it?
__________________
“The only thing necessary for the triumph of evil is for good men to do nothing” - Edmund Burke
Reply With Quote
  #11 (permalink)  
Old 07-04-2008, 01:13 PM
Yes we can!
 
Join Date: May 2008
Location: Va. Beach, Va.
Posts: 5,155
Rep Power: 14
Chris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayor
Quote:
Originally Posted by GunnyL View Post
Where's that rolling on the floor laughing my ass of so hard I'm dying of a heart attack emoticon when one needs it?

Yes. The same thing happened in Virginia where I live. The Republican governor cut taxes and created a $1 billion dollar deficit. Mark Warner was elected governor, and he balanced the budget and became the most popular governor in Virginia's history. Now he will be elected to the Senate in November.

The funny thing is that the Republicans used to be the party of fiscal responsibility, and they have abandoned their principles for tax cut and spend.
Reply With Quote
  #12 (permalink)  
Old 07-04-2008, 01:21 PM
jreeves's Avatar
Registered User
 
Join Date: Feb 2008
Posts: 4,517
Rep Power: 78
jreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddhajreeves could be the buddha
Quote:
Originally Posted by Kirk View Post
Yes. The same thing happened in Virginia where I live. The Republican governor cut taxes and created a $1 billion dollar deficit. Mark Warner was elected governor, and he balanced the budget and became the most popular governor in Virginia's history. Now he will be elected to the Senate in November.

The funny thing is that the Republicans used to be the party of fiscal responsibility, and they have abandoned their principles for tax cut and spend.
How's Democrat governor Tim Kaine doing?
The Commonwealth Iconoclast: VIRGINIA STATE BUDGET CRISIS
Governor gets tough on out of control spending... maybe.

Drastic times call for big sacrifices.

But seriously...

Sometimes you just got to laugh.

Either that or cry. Sometimes I am not sure.

Yesterday's Richmond Times Dispatch heralded the headlines"Governor's plan includes 74 layoffs" and then goes on to explain that there will be other measures as well, including keeping 386 job positions vacant, and as a show of personal sacrifice a 5 percent cut in the Governor's own personal pay check.

I like Governor Kaine, and that is real big of him to take a personal 5 percent pay cut. But....

We got problems, big problems right here in "River City" ... that being in our beautiful State Capital of Richmond on the James.

The new budget totals $74 BILLION. That is Billion with a big B. There is an estimated $641 million shortfall.
To balance the budget, the Governor's plan calls for $300 million in actual cuts, and possibly another $303 million from the so called State rainy-day fund (that meaning emergency fund).

All I can say is WOW!!!



Your an idiot you know that right?
__________________
Be thankful we're not getting all the government we're paying for.
Will Rogers

Socialism is a philosophy of failure, the creed of ignorance, and the gospel or envy, its inherent virtue is the equal sharing of misery.

Winston Churchill

And so, my fellow Americans: ask not what your country can do for you—ask what you can do for your country.

JFK

No man's life, liberty, or property are safe while the legislature is in session. -- Mark Twain
Reply With Quote
  #13 (permalink)  
Old 07-04-2008, 02:28 PM
Charles_Main's Avatar
Dejected conservative.
 
Join Date: Jun 2008
Location: Michigan, USA
Posts: 2,640
Rep Power: 13
Charles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governorCharles_Main could be state governor
I love how you liberals like to forget that for most of his time in office, Reagan was fighting the spending ways of a DEMOCRAT congress.
Reply With Quote
  #14 (permalink)  
Old 07-04-2008, 02:29 PM
Yes we can!
 
Join Date: May 2008
Location: Va. Beach, Va.
Posts: 5,155
Rep Power: 14
Chris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayor
"Your an idiot you know that right?"

Maybe so, but I know the difference between "you're" and "your."
Reply With Quote
  #15 (permalink)  
Old 07-04-2008, 02:35 PM
Yes we can!
 
Join Date: May 2008
Location: Va. Beach, Va.
Posts: 5,155
Rep Power: 14
Chris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayorChris could be city mayor
Quote:
Originally Posted by Charles_Main View Post
I love how you liberals like to forget that for most of his time in office, Reagan was fighting the spending ways of a DEMOCRAT congress.
I love how Republicans forget that Reagan cut taxes and increased defense spending by 20% and created a huge deficit.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
U.S. National Debt - $9 trillion Manuel Economy 27 06-23-2008 09:44 PM
Who Owns the National Debt? 5stringJeff Economy 10 06-13-2006 03:29 PM
Politicians Pay Off National Debt! Adam's Apple Humor 0 01-06-2006 07:31 AM
National Debt Thread Max Power Economy 29 11-23-2005 08:51 AM
Tracking the National Debt David2004 Current Events 8 09-11-2004 06:29 PM

 

Celebrity Gossip, Photography Forum, All times are GMT -6. The time now is 11:23 AM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0

Poltical Topsites