Krauthammer, like most cons, is invested in the US doing badly while under a Democratic President.
Krauthammer used to be a Democrat. Wonder what changed his mind?
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Krauthammer, like most cons, is invested in the US doing badly while under a Democratic President.
Germany scoffs..
Krauthammer, like most cons, is invested in the US doing badly while under a Democratic President.
Krauthammer used to be a Democrat. Wonder what changed his mind?
Krauthammer, like most cons, is invested in the US doing badly while under a Democratic President.
Krauthammer used to be a Democrat. Wonder what changed his mind?
Democrats insist that Israel has to live in the real world.
Tell that to a financial planner as you're overspending by many multiples of your income. If he doesn't laugh you out of the office... you're in the wrong office.Here's the underlying problem-
Austerity doesn't bring us out of recessions. For that matter, neither do tax cuts.
We got out of the 2001 recession because Bush spent a crapload of money on the wars.
We got out of the 1992 Recession because Clinton spent a lot of money on a stimulus.
We got out of the 1981 recession because Reagan spent a lot of money on a military buildup combined with infrastructure programs.
Now, the thing is, Stimulus was tried this time, but it was misdirected. Smaller than what was asked for and it mostly went to bail out the states, which went on to do "austeriity" themselves.
Meanwhile, in Europe, Austerity was tried, and the "Confidence Fairy" didn't show up. Instead, what you got was a lot of angry people who saw their benefits cut and no jobs showing up as promised. So they threw out Sarkozy, and Merkel and Cameron are going to follow in short order.
Krauthammer used to be a Democrat. Wonder what changed his mind?
Democrats insist that Israel has to live in the real world.
What world is that?
The world of Islamic domination?
Of course a mindless parrot, racist, and anti-Semite such as yourself would hate the educated and disabled.Krauthammer is dumber than a box of rocks. The Fox zombies eat it up.
Here's the underlying problem-
Austerity doesn't bring us out of recessions. For that matter, neither do tax cuts.
We got out of the 2001 recession because Bush spent a crapload of money on the wars.
We got out of the 1992 Recession because Clinton spent a lot of money on a stimulus.
We got out of the 1981 recession because Reagan spent a lot of money on a military buildup combined with infrastructure programs.
Now, the thing is, Stimulus was tried this time, but it was misdirected. Smaller than what was asked for and it mostly went to bail out the states, which went on to do "austeriity" themselves.
Meanwhile, in Europe, Austerity was tried, and the "Confidence Fairy" didn't show up. Instead, what you got was a lot of angry people who saw their benefits cut and no jobs showing up as promised. So they threw out Sarkozy, and Merkel and Cameron are going to follow in short order.
Two quotes that sum up the facts succinctly with regards to French president Hollande's desire to have a 75% tax on the Rich:
"I guarantee you that the treasury in Paris will get less net revenue as the rich leave. The rich are able to move a lot easier than the poor, as happened in other countries."
"You can vote to have a new government but you can't have a new economy unless you do your cuts and you balance your budgets. Which he doesn't want to do obviously."
Austerity was tried yet again in history and failed yet again in history
Actually economists point to the fact that if not for FDR's New Deal programs, the great depression would have ended in less than 5 years. It took a war to create demand for goods and services for the defense of this nation to kick start the economy, paid for by bonds, which basically fueled the consumer economy in the post war era where excess manufacturing would have died if it were not for that thanks to the oversupply of labor and capacity.Austerity was tried yet again in history and failed yet again in history
Absolutely.
What pulled America out of the Great Depression?
GOVERNMENT .. not the private sector.
I fully expect him to try something so boneheaded unless someone heads him off and says "NO NO NO!!!! You can THINK that... but you can't TELL them that... till after the election and they can't hurt you.People this country could take a lesson from the new French president, I'm sure Obama will point his finger at France and say, "This is what I'm talking about".
Hollande wants the very rich to pay 75 percent in income taxes and plans to hike taxes on companies that distribute profits to shareholders instead of investing in their business.
What French election result means for US, world
Actually economists point to the fact that if not for FDR's New Deal programs, the great depression would have ended in less than 5 years. It took a war to create demand for goods and services for the defense of this nation to kick start the economy, paid for by bonds, which basically fueled the consumer economy in the post war era where excess manufacturing would have died if it were not for that thanks to the oversupply of labor and capacity.Austerity was tried yet again in history and failed yet again in history
Absolutely.
What pulled America out of the Great Depression?
GOVERNMENT .. not the private sector.
Sorry, War Bonds are not a new deal program. Nor are they really an expansion of government spending as much as a deferral of private spending getting a temporary double dip.
How many war bonds have you bought lately? Hell, how many Government bonds of ANY type have you ever bought?
[ame=http://www.youtube.com/watch?v=_TUPUbvO0eU]Bugs Bunny War Bond Drive WW2 Cartoon - YouTube[/ame]
Krauthammer is dumber than a box of rocks...
Austerity was tried yet again in history and failed yet again in history
Absolutely.
What pulled America out of the Great Depression?
GOVERNMENT .. not the private sector.