Stanford Economist Slams Obama Budget

Discussion in 'Politics' started by Sinatra, Apr 3, 2009.

  1. Sinatra
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    Sinatra Senior Member

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  2. Red Dawn
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    Red Dawn Senior Member

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    :lol:

    Your source is a lunatic wingnut!

    Michael Boskin, wikipedia

     
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  3. Sinatra
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    Sinatra Senior Member

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  4. Brainactive
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    Brainactive Mr.

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    The numbers are the numbers. No matter how you spin it, a $600 billion deficit 4 years from now is not a rational plan. And for that matter, I don't see how he 'inherited a deficit'. Yes Bush was financially reckless, but just because my wife ran up the credit cards in February doesn't mean that I have to overspend in March. Why is it so hard for these politicians to understand the basic principals of a budget?
     
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  5. auditor0007
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    auditor0007 Gold Member

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    It's just numbers. If they switch the 9 and the 3, then they can say the long term deficit Obama is creating is only 3.9 trillion.
     
  6. Ravi
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    Ravi Diamond Member

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    heh heh heh...don't try to have a reasonable conversation with her, she can't get past her preprogrammed talking points. Notice how she just reposts the same thing again.
     
  7. Iriemon
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    Iriemon VIP Member

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    Because the electorate squawks so much if you raise their taxes or cut their spending.

    I'm sure the politicians understand these basic principles just find. Well, maybe Reagan and Bush2 didn't. But they all understand politics.
     
    Last edited: Apr 3, 2009
  8. Zoom-boing
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    Zoom-boing Gold Member

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    Because they have a unique opportunity right now. They are in control and are bleeding this country dry . . . because they can. Budget -- is that the name it's going by? Rape seems about right to me. Welcome to The Obama Nation.
     
  9. Yurt
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    Yurt Gold Member

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    funny how obama worshippers don't actually argue facts, rather ad hominems....

    guess that means they cannot dispute the article
     
  10. jreeves
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    jreeves Senior Member

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    To be quite honest both sides do that. I believe the market is set to skyrocket, due to natural economic cycles, although I believe this type of defecit spending threatens our country's economic stability long term.
     

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