Does anyone honestly believe?

Discussion in 'Politics' started by Avatar4321, Jun 8, 2010.

  1. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    That spending Trillions of dollars that we don't have is going to be good for our nation in the long run?

    I just don't see how we can be doing anything but lying to ourselves by thinking this overwhelming debt is a good thing. This is not a thread to cast blame at people or parties. I want to know what you honestly think about this problem. I don't want deflections about "Oh Bush spent this..." or "Obama spent that..."

    Let's please not get distracted with that bullcrap and do something deal with the real problem of our psychotic spending and increasing debt.
     
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  2. Mr.Fitnah
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    Mr.Fitnah Dreamcrusher

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  3. Zander
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    Zander Platinum Member

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  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Yes the Liberals here actually believe that Obama can spend us to prosperity. Jillian and others have actually SAID so.

    When questioned on why it was bad for Bush to double the deficit in 8 years but ok to triple it in 4 the response universally was that Obama was spending the money in the States so that was good not bad.
     
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  5. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I don't know that the Republicans have much better ideas here.
     
  6. VaYank5150
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    VaYank5150 Gold Member

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    No. WHY Dubya and Dick got us involved in the invasion of Iraq was a HORRIBLE mistake. They spent my grandchildren's money for NOTHING!
     
  7. Mini 14
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    Mini 14 Senior Member

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    At some point, we either have to pay it back, or default.

    Of the two, default seems the most realistic option, because we have proven that we do not have the stomach to stop spending money we do not have.

    The answer is obvious, but the solution is clouded by the pain and suffering it will necessitate (by actually living within our means).
     
  8. Old Rocks
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    Old Rocks Diamond Member

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    What was the tax structure that we paid for WW2 with? Time to put that back into place.
     
  9. my2¢
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    my2¢ Registered Text Offender

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    I think it is okay to use deficit spending only when there's a declared war.

    "What was the tax structure that we paid for WW2 with? Time to put that back into place." As a fan of classic movies, seeing the push selling War Bonds during that era was quite interesting as was the sacrifices being made by the entire nation and not just by those in the military and their immediate family.
     
    Last edited: Jun 8, 2010
  10. Care4all
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    Care4all Warrior Princess Supporting Member

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    you are messing up words rgs,,,president bush Doubled THE NATIONAL DEBT not the deficit....we had no deficit when clinton left office, we carried a surplus....

    so pres bush took the $5.6 trillion of our country's accumulated national debt and doubled it to $11 trillion when he left office.

    saying that obama will tripple what bush did in 8 years, in 4 years means that our national debt will be $33 trillion in 2012 and THAT my dear, is simply NOT TRUE.....not even close to be true.....and also absolutely IMPOSSIBLE....

    the last year of bush's fiscal term, he ended with a $1.5 trillion deficit and obama is on track to reduce this deficit from $1.5 trillion to about 750 billion in deficit by 2012's budget....according to all the charts i have seen from Right wingers on this....that means he's reducing the deficit of the bush administration by 50% in 4 years, NOT tripling it!

    care
     

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