The Way We Were vs The Way We Are

[Cammmpbell]

It took Reagan and the Bushes 30 years to make this mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

There were two things which continue to affect our way of life. When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

 

[editec]

Minor correction

When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

Until August 15, 1971 the Offical national EXCHANGE RATE of USD to AU was $35.

The MARKET PRICE for AU was about $40 on that date.

 

[JoeB131]

It took Reagan and the Bushes 30 years to make this mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

Not really true. Clinton actually INCREASED the national debt, and his "surpluses" were merely receipts to social security trust fund being greater than deficits in General FUnd expendatures. The growth of the SSTF was due to the reforms Reagan put into place in the 1980's.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

Again, not true. The national debt was about 8 trillion when he got there and 10 trillion when he left. Not a good thing, but Obama's run up more debt in three years than bush's 8.

Oh, and funny, I thought the War (and it's only one war, not two) was started when some a--holes flew planes into buidlings.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

No, it's not the tax rates, it's THE SPENDING. Government at all levels spends 6 trillion out of a 14 trillion dollar economy. Government would have plenty of revenue if it didn't regulate the job-creators into a box and spend it on the wrong behavior.

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

Liberals were the ones who insisted on ending the draft, mostly because the wealthy were finding ways to avoid it.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

Again, not true...

Government Spending Details: Federal State Local for 2011 - Charts

The government spends 127 billion on education at the federal level, 237 billion at the state level and 624 billion on the local level. And for all that money spent, we have the dumbest kids in the industrialized world. The total on just transportation infrastructure alone is 281 billion.

 

[Stripes]

It took Reagan and the Bushes 30 years to make this mess.

Well, that's pretty disingenuous---Jimmy Carter, Bill Clinton, Robert Rubin, Chris Dodd, Barney Frank, Rahm Emanuel, Bill Clinton, Jamie Gorelick, Chuck Schumer, Barack Hussein Obama and a host of powerful members of the democrat left had a lot to do with the mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

The economy grew exponentially after Reagan successfully handled the economic mess presented by Jimmy Carter's disastrous Presidency. Clinton was forced to implement a lot of conservative ideas to get re-elected---including substanial cuts on capital gains---and reforming welfare. In effect---he was hauled kicking and screaming by Republicans into the circumstances that led to a momentary surplus at the end of his term----which also co-incided with the dot-com bubble and impending recession. The national debt never went down, by the way.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

Uhhhh---perhaps you forgot---but the USA was attacked and we lost 3,000 people in the WTC attack. Wars in Iraq and Afghanistan were authorized by Congress---with overwhelming support from most powerful Democrats---like Hillary Clinton. The only unauthorized wars in recent history are the one Bill Clinton started in Kosovo---and the Libya war started by Barack Hussein Obama.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

They already pay most of the tax bill now---and only power-hungry Socialist/Communist Democrats are stupid enough to think raising taxes will encourage the only power able to generate revenue---private enterprise as it is allowed to prosper under the protections from "Big Government' under the Constitution.

There were two things which continue to affect our way of life. When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

Nixon hasn't been President for many years---isn't it amazing no Democrat or Democrat President had any involvement with the current economic problems---and isn't it amazing a Democrat President presides over an economy made greatly worse during his painfully incompetent tenure?

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

That is a very old and shop-worn canard. Everyone had acces to education deferrments---including current Vice President, Joe Biden---who got five of them. Although the claim is constantly made by the anti-American and anti-military left that the military is made up of undereducated dummies---the reverse is true as purple-heart fraud John Kerry found out not long ago when he insulted them in public.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

With the Obama administration borrowing 43% of every Government espenditure---including those like Solyndra spent so stupidly---you are not going to be able to present any rational evidence of fiscal responsibility in the Obama administration.

 

[Seawytch]

Anyone who says raising taxes will hurt the economy is ignoring the 50s and the 90s.

Ask those RWers that want to go back to the "good old days" of the 50s, if they would like that 90% tax rate on the wealthy.

 

[Cammmpbell]

Minor correction

When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

Until August 15, 1971 the Offical national EXCHANGE RATE of USD to AU was $35.

The MARKET PRICE for AU was about $40 on that date.

Right you are... Make that 2 $20's then and 90 now.

 

[Mad Scientist]

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

No, it's the Federal Reserve that's doing it.

The ChiComms are buying debt from the Privately Owned Federal Reserve who then make us pay it back.

You wanna' end this debt? Get rid of the Federal Reserve. Which candidate is talking about the Federal Reserve? Ron Paul.

Which candidate gets the least amount of face time in the debates? Ron Paul.

Hmm, I wonder why?

 

[Cammmpbell]

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

No, it's the Federal Reserve that's doing it.

The ChiComms are buying debt from the Privately Owned Federal Reserve who then make us pay it back.

You wanna' end this debt? Get rid of the Federal Reserve. Which candidate is talking about the Federal Reserve? Ron Paul.

Which candidate gets the least amount of face time in the debates? Ron Paul.

Hmm, I wonder why?

LOL...you don't understand that Japan, Canada and China are buying AAA rated American bonds. I hope the Republican party does run Ron Paul...Barrack Hussein Obama will kick his ass all the way to China

 

[westwall]

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

No, it's the Federal Reserve that's doing it.

The ChiComms are buying debt from the Privately Owned Federal Reserve who then make us pay it back.

You wanna' end this debt? Get rid of the Federal Reserve. Which candidate is talking about the Federal Reserve? Ron Paul.

Which candidate gets the least amount of face time in the debates? Ron Paul.

Hmm, I wonder why?

LOL...you don't understand that Japan, Canada and China are buying AAA rated American bonds. I hope the Republican party does run Ron Paul...Barrack Hussein Obama will kick his ass all the way to China

I guess you're not too current on things? If you would read something other than your commie rags you'd know that Obama managed to lose the US AAA rating.



The United States has lost its sterling credit rating.

Credit rating agency Standard & Poor's on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.




U.S. Loses AAA Credit Rating From S&P | Fox News

 

[Cammmpbell]

No, it's the Federal Reserve that's doing it.

The ChiComms are buying debt from the Privately Owned Federal Reserve who then make us pay it back.

You wanna' end this debt? Get rid of the Federal Reserve. Which candidate is talking about the Federal Reserve? Ron Paul.

Which candidate gets the least amount of face time in the debates? Ron Paul.

Hmm, I wonder why?

LOL...you don't understand that Japan, Canada and China are buying AAA rated American bonds. I hope the Republican party does run Ron Paul...Barrack Hussein Obama will kick his ass all the way to China]

"The United States has lost its sterling credit rating."

What the hell happened in 2007 and 2008. The Bush administration crashed our economy worse than at any time since the great depression. Have you people lost your minds or do you ever hear anything except from Fox News.

American savings bonds are still the most solid in the world. Tell me one bond from any country that's more valuable on the market than ours. China is still buying about $100 billion a month and that's where George Bush first added a new place to borrow. Prove what you say. Don't just be like FAUX NEWS and Ann Coulter and make shit up.

 

[WillowTree]

It took Reagan and the Bushes 30 years to make this mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

There were two things which continue to affect our way of life. When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

Taxes are a problem. Fifty per cent of Americans leech off the 50% who do pay Federal Taxes. But, that's just the way it is.

 

[WillowTree]

Under obama's watch the US reached a record 15 TRILLION dollars in debt. And, still 50% of America leeches off the 50% who do pay Federal Tax.

 

[Cammmpbell]

It took Reagan and the Bushes 30 years to make this mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

There were two things which continue to affect our way of life. When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

Taxes are a problem. Fifty per cent of Americans leech off the 50% who do pay Federal Taxes. But, that's just the way it is.

This country has had a progressive tax system all my life. 'Course I'm just 77

It always worked just fine before Reagan and the Bushes...when they started cutting taxes for the wealthy and borrowing from foreign banks to cover the short fall...How goddam dumb can one get

 

[bripat9643]

Anyone who says raising taxes will hurt the economy is ignoring the 50s and the 90s.

Ask those RWers that want to go back to the "good old days" of the 50s, if they would like that 90% tax rate on the wealthy.

Before we can go back to a 90% marginal rate, we'll have to bomb Europe and Japan back into the stone age. That is, if you want everything to remain equal.

You really have to be the dumbest of turds to believe tax increases are good for the economy. Can you explain how giving more money to government so it can "invest" it in projects like Solyndra makes the economy grow?

 

[bripat9643]

This country has had a progressive tax system all my life. 'Course I'm just 77

It always worked just fine before Reagan and the Bushes...when they started cutting taxes for the wealthy and borrowing from foreign banks to cover the short fall...How goddam dumb can one get

How "fine" did it work during the Great Depression? How about during the Carter stagflation? Not having a progressive income tax worked fine for the 130 years before Congress passed it. The progressive income tax is a Marxist invention designed to destroy this country.

 

[westwall]

LOL...you don't understand that Japan, Canada and China are buying AAA rated American bonds. I hope the Republican party does run Ron Paul...Barrack Hussein Obama will kick his ass all the way to China]

"The United States has lost its sterling credit rating."

What the hell happened in 2007 and 2008. The Bush administration crashed our economy worse than at any time since the great depression. Have you people lost your minds or do you ever hear anything except from Fox News.

American savings bonds are still the most solid in the world. Tell me one bond from any country that's more valuable on the market than ours. China is still buying about $100 billion a month and that's where George Bush first added a new place to borrow. Prove what you say. Don't just be like FAUX NEWS and Ann Coulter and make shit up.

No, but you clearly have lost yours. You sound like a shrill shrew. Grow the hell up and learn something other than what you get from the Huffpo and other lefty sources. here's a hint. BOTH SIDES SUCK! For you to assert otherwise only shows two things, first off, you're not very well read, and second you are merely a partisan parrot. There are plenty of those out there on both sides.

 

[JakeStarkey]

This country has had a progressive tax system all my life. 'Course I'm just 77

It always worked just fine before Reagan and the Bushes...when they started cutting taxes for the wealthy and borrowing from foreign banks to cover the short fall...How goddam dumb can one get

How "fine" did it work during the Great Depression? How about during the Carter stagflation? Not having a progressive income tax worked fine for the 130 years before Congress passed it. The progressive income tax is a Marxist invention designed to destroy this country.

1945 to 1970? Before major wars broke the economy? Before we started borrowing hugely from other countries? Before we cut taxes on the wealthy and corporations to next to nothing.

History fucks you over, bripat, every time you open your mouth.

 

[WillowTree]

It took Reagan and the Bushes 30 years to make this mess.

Reagan and Bush's daddy quadrupled the national debt. Clinton came along, raised taxes and before the end of his second term generated surpluses.

Along came Slow Walkin' Slow Talkin' George, cut taxes twice, started two wars and doubled the total national debt from $5.7 to nearly $12 trillion.

It's the tax rates folks...taxes are at their lowest rates in 50 years and the Republicans want to cut them more. This debt crisis will never be settled without the wealthiest Americans once again paying their fair share.

There were two things which continue to affect our way of life. When Nixon took us off the gold standard a $20 bill would buy a $20 gold piece. Now it takes about 90 $20 bills to buy a $20 gold piece.

The other thing is the draft... Nixon ended that. The wealthy worry about which ivy league school their kids will attend while the kids of the lower and what used to be the middle class travel to some godforsaken desert 10,000 miles away and fight their wars.

About the debt again...when Obama assumed office the annual interest on Reagan and the Bushes debt was almost a half trillion dollars a year...that's 500 billion dollars. You didn't think those Communist Chinese banks were loaning that money interest free did you..... For comparison the government spends about 100 billion dollars on education and less than that on the infrastructure.

Taxes are a problem. Fifty per cent of Americans leech off the 50% who do pay Federal Taxes. But, that's just the way it is.

This country has had a progressive tax system all my life. 'Course I'm just 77

It always worked just fine before Reagan and the Bushes...when they started cutting taxes for the wealthy and borrowing from foreign banks to cover the short fall...How goddam dumb can one get

not too dumb to realize that you bitch about the people who do pay taxes and let the leeches off scot free.

 

[JakeStarkey]

Non sequitur, willow.

 

[Cammmpbell]

Anyone who says raising taxes will hurt the economy is ignoring the 50s and the 90s.

Ask those RWers that want to go back to the "good old days" of the 50s, if they would like that 90% tax rate on the wealthy.

Before we can go back to a 90% marginal rate, we'll have to bomb Europe and Japan back into the stone age. That is, if you want everything to remain equal.

You really have to be the dumbest of turds to believe tax increases are good for the economy. Can you explain how giving more money to government so it can "invest" it in projects like Solyndra makes the economy grow?

Why is it that knowing that the Republican party stood in the way of letting the Bush tax cuts expire on schedule and that the tax rates are the lowest they've been in 50 years and that millionaires have quadrupled their wealth while the wages of ordinary Americans have stagnated when adjusted for inflation that the foolish Right are still harping against any form of higher taxes for the wealthy

Does anybody in the Republican party have any clue what a patriot is...do they even give a damn