GOP destroyed US economy

[Avatar4321]

Well, it must be true because you guys say so.

The economy is bad because the people and our leaders are corrupt as hell.

 

[rdean]

Fox has failed. Most americans hold republicans responsible for the financial failure.

Most Americans don't know FDR and the Democrats ran the Tuskegee Experiments, think LBJ was a great civil rights leader and think Progressive Social Programs run on hope and change instead of money

That experiment started before Shirley Temple became famous and ended the year Janis Joplin died. I seem to remember there were a few conservative administrations during that time. Don't you?

 

[rdean]

Amazing that Republicans still try to ram down the same FAILED economic policies down our throats

Cut taxes without cutting spending

Yea...real fiscal responsibility

You going to take up the challenge and show me the year that the Massive New Deal Spending and redirection of the US economy ended the Depression?

FDR US Unemployment 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%

New Deal=Great Society=Obamanomics=Epic Fail

Unemployment fell 10% until the government decided to balance the budget and the Fed increased banking reserves, both in 1938. Unemployment then spiked. Guess who today wants to balance the budget today? Guess who wants to limit the actions of the Fed?

For the record, FDR's budget deficits in the mid-30s was 4.5% of GDP. Reagan's were nearly 6% at the highest level. W's deficits were 3.5%.

"W"? You don't mean George Bush? It will take years before anyone actually knows what his budgets were.

He left off the cost of both wars (at least 3 trillion right there), he left off the lost revenue from the tax cuts to the rich, he left off the cost of the "Drugs for votes bill". Who knows what else will be discovered. Every day brings a new scandal left over from the worst administration in history. Everything the Republicans touched turned to shit. It even stains this administration.

 

[Big Fitz]

You going to take up the challenge and show me the year that the Massive New Deal Spending and redirection of the US economy ended the Depression?

FDR US Unemployment 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%

New Deal=Great Society=Obamanomics=Epic Fail

Unemployment fell 10% until the government decided to balance the budget and the Fed increased banking reserves, both in 1938. Unemployment then spiked. Guess who today wants to balance the budget today? Guess who wants to limit the actions of the Fed?

For the record, FDR's budget deficits in the mid-30s was 4.5% of GDP. Reagan's were nearly 6% at the highest level. W's deficits were 3.5%.

"W"? You don't mean George Bush? It will take years before anyone actually knows what his budgets were.

He left off the cost of both wars (at least 3 trillion right there), he left off the lost revenue from the tax cuts to the rich, he left off the cost of the "Drugs for votes bill". Who knows what else will be discovered. Every day brings a new scandal left over from the worst administration in history. Everything the Republicans touched turned to shit. It even stains this administration.

You have the benefit of your own opinions, but you don't get the benefit of your own facts, to paraphrase Joe Biden.

From 2001-2006, the federal debt rose only 2 trillion. THen in 2007-2008, when the Dems took over the congress, it shot up another trillion per year. Then when P-BO gained the white house, to the projected end of 2010, it is projected to rise another 3 trillion. Which is an increase of 22% in less than 2 years compared to the percentage of GDP.

We are overspending on worthless shit that is digging us deeper.

The government is a spending addict and must have the credit cards taken away from them and forced into frugality. Be it peaceably or by gunpoint if necessary lest they destroy the world in their psychosis.

 

[CrusaderFrank]

Fox has failed. Most americans hold republicans responsible for the financial failure.

Most Americans don't know FDR and the Democrats ran the Tuskegee Experiments, think LBJ was a great civil rights leader and think Progressive Social Programs run on hope and change instead of money

That experiment started before Shirley Temple became famous and ended the year Janis Joplin died. I seem to remember there were a few conservative administrations during that time. Don't you?

It's OK with you the FDR used his Stimulus funds to conduct Nazi like experiments on blacks?

Also, how hard was it to keep it hidden from Republican Administrations when Progressives are willing to lie about everything.

You think they told Ike, "We're experiment with black and untreated syphilis"? and Ike said, "Yes, continue with that fine Democrat Program"

 

[The Infidel]

Guess the Demz had nuthing to do with it.....

















Liars!

 

[CrusaderFrank]

Amazing that Republicans still try to ram down the same FAILED economic policies down our throats

Cut taxes without cutting spending

Yea...real fiscal responsibility

You going to take up the challenge and show me the year that the Massive New Deal Spending and redirection of the US economy ended the Depression?

FDR US Unemployment 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%

New Deal=Great Society=Obamanomics=Epic Fail

Unemployment fell 10% until the government decided to balance the budget and the Fed increased banking reserves, both in 1938. Unemployment then spiked. Guess who today wants to balance the budget today? Guess who wants to limit the actions of the Fed?

For the record, FDR's budget deficits in the mid-30s was 4.5% of GDP. Reagan's were nearly 6% at the highest level. W's deficits were 3.5%.

Let's take one at a time:

First, are you claiming as a good thing that the massive redirection toward Marxism called the New Deal took 5 whole years to reduce unemployment by 2% a year? Is that the Greatness of FDR?

Second, I for one favor a balanced budget and a limit on the Fed. I'm still amazed that they doled out at least $2 Trillion to parties they still refuse to name and the People haven't burned it to the ground

Third, Hoover and FDR had the benefits of Harding's successful reductions in the Federal budget on which to conduct their failed Keynesian experiments. It is beyond laughable that you would dare to compare the Spartan budgets that Hoover and FDR had the benefit of with the the bloated budgets modern Presidents have to contend.

Modern Presidents must continue to pay for: Rural Electrification, Farmers Home Administration, Tennessee Valley Authority, HUD, FNMA, Freddie MAC (which is virtually identical to FNMA but still employees 5,000 people) SocSec and Medicare/Medicaid etc. and so on.

 

[theHawk]

"Tinkle Down" Theory anyone?


Borrow money to cut taxes on the rich?

Start two wars and cut taxes to pay for them?

RAZ: Do you hold President Obama and his economic policies responsible for some of this growing deficit?

Mr. STOCKMAN: Absolutely. The only thing worse than the Republican leadership position is that of the White House.

Amazing that Republicans still try to ram down the same FAILED economic policies down our throats

Cut taxes without cutting spending

Yea...real fiscal responsibility

As opposed to trying to ram down the same FAILED economic policies of socialism down our throats.

Raising taxes and wildly increase spending at all time historical rates.

Yea...thats REAL fiscal responsibility.

 

[B. Kidd]

Douger and Avatar 4321 summed up this whole thread. It's been a murkin and bi-partisan murkin leader thing, for the past 40 years, to lead up to this day.
Worse days are a'comin. All great empires peak historically at 200 years, then it's a downslide. All the good things have already been taken, and from this point on it will be next to impossible to get ahead in. As a whole, we are getting what we deserve, and the continuing and ensuing fallout will be exponentially more painful and unacceptable as time goes on.
I am grateful that I am no longer young.

 

[editec]

GOP destroyed US economy

Hey!

Stop giving ALL the credit to the GOP.

The Dems helped, too , ya know.

 

[rightwinger]

RAZ: Do you hold President Obama and his economic policies responsible for some of this growing deficit?

Mr. STOCKMAN: Absolutely. The only thing worse than the Republican leadership position is that of the White House.

Amazing that Republicans still try to ram down the same FAILED economic policies down our throats

Cut taxes without cutting spending

Yea...real fiscal responsibility

As opposed to trying to ram down the same FAILED economic policies of socialism down our throats.

Raising taxes and wildly increase spending at all time historical rates.

Yea...thats REAL fiscal responsibility.

My favorite Republican line.....

Trust us....it will work this time.....we promise


Trickle down...trickle down....trickle down

 

[Rozman]

Last time i looked the Congress controlled the purse strings....Where were the Democrats when Bush was in office the last two years of his Presidency? Oh yeh they controlled Congress.

 

[bigrebnc1775]

No comment, none needed. The truth hurts.

Reagan insider: GOP destroyed economy Paul B. Farrell - MarketWatch

"We've arrived at a historic turning point as a nation that no longer needs outside enemies to destroy us, we are committing suicide. Democracy. Capitalism. The American dream. All dying. Why? Because of the economic decisions of the GOP the past 40 years, says this leading Reagan Republican.

Please listen with an open mind, no matter your party affiliation: This makes for a powerful history lesson, because it exposes how both parties are responsible for destroying the U.S. economy. Listen closely: "

"In the past 40 years Republican ideology has gone from solid principles to hype and slogans. Stockman says: "Republicans used to believe that prosperity depended upon the regular balancing of accounts -- in government, in international trade, on the ledgers of central banks and in the financial affairs of private households and businesses too."

No more. Today there's a "new catechism" that's "little more than money printing and deficit finance, vulgar Keynesianism robed in the ideological vestments of the prosperous classes" making a mockery of GOP ideals. Worse, it has resulted in "serial financial bubbles and Wall Street depredations that have crippled our economy." Yes, GOP ideals backfired, crippling our economy.

Stockman's indictment warns that the Republican party's "new policy doctrines have caused four great deformations of the national economy, and modern Republicans have turned a blind eye to each one:"

This post is like blaming the victim for being a victim. Those who continue to blame republicans for the bad economy are delusional. and can never accept the truth. Do you honestly tink that Americans want another 6 more years of democratic control? Go out and have some fun enjoy the last days od democratic control for a very very very long time.

 

[bigrebnc1775]

Amazing that Republicans still try to ram down the same FAILED economic policies down our throats

Cut taxes without cutting spending

Yea...real fiscal responsibility

As opposed to trying to ram down the same FAILED economic policies of socialism down our throats.

Raising taxes and wildly increase spending at all time historical rates.

Yea...thats REAL fiscal responsibility.

My favorite Republican line.....

Trust us....it will work this time.....we promise


Trickle down...trickle down....trickle down

Maybe you missed the common sense boat but it worked. Have you ever worked for a poor person?

 

[rdean]

Last time i looked the Congress controlled the purse strings....Where were the Democrats when Bush was in office the last two years of his Presidency? Oh yeh they controlled Congress.

Why do you guys keep saying that? I'm mystified.

Def of the US Congress.

a. The national legislative body of the United States, consisting of the Senate and the House of Representatives.

During the two years you are talking about Democrats held only 49 seats in the Senate with the Republicans holding 49 seats and there were two Independents. Not a single meaningful piece of legislation was passed.

Democrats today can only pass ANYTHING with 60 votes and yet, with 49 THEY CONTROLLED CONGRESS????????

Are you guys lying? Full of shit? Really don't know? Which is it?

 

[rightwinger]

As opposed to trying to ram down the same FAILED economic policies of socialism down our throats.

Raising taxes and wildly increase spending at all time historical rates.

Yea...thats REAL fiscal responsibility.

My favorite Republican line.....

Trust us....it will work this time.....we promise


Trickle down...trickle down....trickle down

Maybe you missed the common sense boat but it worked. Have you ever worked for a poor person?

Common Republican misconception...

You don't work because some rich person is giving you charity. You provide a valuable service which the business owner derives much more profit from your labor than he pays you.

The day he stops drawing profit off your labor, he fires you

 

[logical4u]

Fox has failed. Most americans hold republicans responsible for the financial failure.

Would that be the 'most americans' that put the ametuer in the white house?

 

[logical4u]

Last time i looked the Congress controlled the purse strings....Where were the Democrats when Bush was in office the last two years of his Presidency? Oh yeh they controlled Congress.

Why do you guys keep saying that? I'm mystified.

Def of the US Congress.

a. The national legislative body of the United States, consisting of the Senate and the House of Representatives.

During the two years you are talking about Democrats held only 49 seats in the Senate with the Republicans holding 49 seats and there were two Independents. Not a single meaningful piece of legislation was passed.

Democrats today can only pass ANYTHING with 60 votes and yet, with 49 THEY CONTROLLED CONGRESS????????

Are you guys lying? Full of shit? Really don't know? Which is it?

They were counting the rinos, the two most prominant: Snow and Collins from Maine.

 

[bigrebnc1775]

My favorite Republican line.....

Trust us....it will work this time.....we promise


Trickle down...trickle down....trickle down

Maybe you missed the common sense boat but it worked. Have you ever worked for a poor person?

Common Republican misconception...

You don't work because some rich person is giving you charity. You provide a valuable service which the business owner derives much more profit from your labor than he pays you.

The day he stops drawing profit off your labor, he fires you

Trickle down is working for the rich trickle up doesn't work

 

[logical4u]

My favorite Republican line.....

Trust us....it will work this time.....we promise


Trickle down...trickle down....trickle down

Maybe you missed the common sense boat but it worked. Have you ever worked for a poor person?

Common Republican misconception...

You don't work because some rich person is giving you charity. You provide a valuable service which the business owner derives much more profit from your labor than he pays you.

The day he stops drawing profit off your labor, he fires you

Can a poor person pay you for 'valuable service'?

Do you stop using a product when you stop liking it?