Why do liberals ignore the debt?

[Chris]

80% of our National Debt was created by Reagan and the two Bushes. Reagan tripled the National Debt, GWBush gave away the Clinton surplus, gave a huge tax cut to the rich, passed a trillion dollar unfunded prescription drug bill for seniors, borrowed trillions to fight two wars, and created the largest government buildup since WWII.

And the current GOP blocks any fair taxes to pay down the deficit....

Go to reaganbushdebt .org to see the numbers.

 

[buckeye45_73]

80% of our National Debt was created by Reagan and the two Bushes. Reagan tripled the National Debt, GWBush gave away the Clinton surplus, gave a huge tax cut to the rich, passed a trillion dollar unfunded prescription drug bill for seniors, borrowed trillions to fight two wars, and created the largest government buildup since WWII.

And the current GOP blocks any fair taxes to pay down the deficit....

Go to reaganbushdebt .org to see the numbers.

Chris you're so full of shit it's not even funny, my God you're a robot

 

[Steelplate]

Forget for a moment who is responsible for the debt. Why don't liberals talk about how to deal with the debt? Do you think that you can just ignore it like you are doing now with the blame game. How are we ( USA ) going to deal with the fucking humongous debt? Can one of you liberals say one constructive thing about how to surmount the debt?

We do talk about it....you just don't like the answer because the corporatist propaganda machine has you brainwashed.

The answer is the private sector NOT shipping good paying jobs away for slave labor and collecting massive profits and huge salaries/bonuses as a result. The answer is the private sector investing in our own country instead of this country leaking money like a sieve. The answer is to close the trade deficits that add up to about 3/4 TRILLION dollars a year

But you don't want to hear about any of that.....you'd rather blame it on your grandmother or mother, and about 4% of the population who could work, but don't. You'd rather blame it on programs that we USED to be able to pay for. Unions that kept the workforce(which comprises the VAST majority of our population) pretty comfortable financially and allowed the to have TAXABLE INCOME to pay for shit.

But that all stopped under Reagan and has declined this country into a shell of it's former self.

I think if anything....what we should have learned over the past 30 years is that you can't pander to the conglomerate and let the people rot. You can't expect them to "trickle down" because they aren't going to do it". That we can't expect patriotism from the conglomerate because CORPORATIONS AREN'T PEOPLE! They'd rather see America fail than to slow THEIR growth down.

This all boils down to the decline of the workforce....But your media boys don't tell you that....

 

[editec]

I think they want the country to collapse into socialism.

Our society collapsed into SOCIALISM FOR THE CAPITAL CLASS before you or I were born, Duped.

 

[Mac1958]

.

"Reagan proved deficits don't matter".
Dick Cheney, 2002

Damned socialists!

.

 

[Billo_Really]

I think they want the country to collapse into socialism.

I haven't ignored debt! In fact, I solved the problem.

My solution reduces the debt and jump starts the economy all at the same time.

And I can do it without increasing spending.

So much for your OP.

 

[Oldguy]

Forget for a moment who is responsible for the debt. Why don't liberals talk about how to deal with the debt? Do you think that you can just ignore it like you are doing now with the blame game. How are we ( USA ) going to deal with the fucking humongous debt? Can one of you liberals say one constructive thing about how to surmount the debt?

The actual dollar amount of the debt isn't as important as it's percentage of the Gross Domestic Product (GDP0, which is the sum total of economic activity.

Naturally, in a time of recession when the economy isn't producing a helluva a lot, any increase in the debt will be measured against that poor performance and will represent a larger portion of the GDP. That's happening now and it's happened before. At the end of WWII, for instance, it was 121% of GDP and that was with a war-fueled, superheated economy. It is projected that by the end of this year, it will represent just over 100% of the GDP.

However, as the economy recovers (and it will) spending will fall and tax revenues will increase. You'll then see the debt as a percentage of GDP fall back into more reasonable limits. It's all a temporary issue, based upon a temporary problem, and to make permanent changes now would be ill-advised to say the least.

The amount of debt isn't what we should be concerned with. Any amount isn't threatening so long as we can afford it and, when the economy comes back, we'll be able to.

All that's happening right now is like a guy who loses his job. He suddenly has a cash-flow problem and has to use his credit cards to sustain his family until he finds another. When he does, he pays down those cards to a manageable level. It's just the good use of credit for a temporary position and many of us have done it at one time or another in our lives.

The point is not to get in a tizzy over the debt right now. Be patient, let the economy get moving again and THEN see what it looks like as a percentage of GDP.

By the way, the GOP knows this better than anyone. That's why they've done the best they can to keep the economy in the doldrums until after the election. They are using peoples lack of economic sense to make hay while the sun shines.

 

[rightwinger]

Forget for a moment who is responsible for the debt. Why don't liberals talk about how to deal with the debt? Do you think that you can just ignore it like you are doing now with the blame game. How are we ( USA ) going to deal with the fucking humongous debt? Can one of you liberals say one constructive thing about how to surmount the debt?

The actual dollar amount of the debt isn't as important as it's percentage of the Gross Domestic Product (GDP0, which is the sum total of economic activity.

Naturally, in a time of recession when the economy isn't producing a helluva a lot, any increase in the debt will be measured against that poor performance and will represent a larger portion of the GDP. That's happening now and it's happened before. At the end of WWII, for instance, it was 121% of GDP and that was with a war-fueled, superheated economy. It is projected that by the end of this year, it will represent just over 100% of the GDP.

However, as the economy recovers (and it will) spending will fall and tax revenues will increase. You'll then see the debt as a percentage of GDP fall back into more reasonable limits. It's all a temporary issue, based upon a temporary problem, and to make permanent changes now would be ill-advised to say the least.

The amount of debt isn't what we should be concerned with. Any amount isn't threatening so long as we can afford it and, when the economy comes back, we'll be able to.

All that's happening right now is like a guy who loses his job. He suddenly has a cash-flow problem and has to use his credit cards to sustain his family until he finds another. When he does, he pays down those cards to a manageable level. It's just the good use of credit for a temporary position and many of us have done it at one time or another in our lives.

The point is not to get in a tizzy over the debt right now. Be patient, let the economy get moving again and THEN see what it looks like as a percentage of GDP.

By the way, the GOP knows this better than anyone. That's why they've done the best they can to keep the economy in the doldrums until after the election. They are using peoples lack of economic sense to make hay while the sun shines.

Good point

Another factor to consider is low interest rates

When Reagan tripled the debt, we were paying close to 10 percent on our debt and Conservatives did not care

With Obama we are paying under 2 percent on our debt and Conservatives squeel like pigs

 

[HUGGY]

Why do liberals ignore the debt?

I think they want the country to collapse into socialism.

So you are a liberal? You must be seeing as how you make claim to knowing what liberals are concerned about. Even if you are a liberal you don't speak for all liberals. You only speak for yourself. Wouldn't it be a better thread if you just explained why you ignore the debt?

the libs, always angry and hateful, why so angry?

You a liberal also? Why ARE you angry and hatefull? Know what? I think you and the other guy are fake liberals. I don't think either of you have a clue what a liberal thinks.

 

[CausingPAIN]

They have to ignore and deflect when it comes to the debt to have any chance for Obama to get re-elected.

got it..Republicans to save the day.....Dumbo the elephant.. your our only hope!

I'll quote Woody, ears like an elephant......he said it not me

[ame=http://www.youtube.com/watch?v=CO1el3JMrS8]Nobody wants to f*ck Obama - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=O1z9NxmRTfg&feature=related]Just for Laughs - Pink Elephant - YouTube[/ame]

 

[hazlnut]

I think they want the country to collapse into socialism.

Why do you think anyone is ignoring the debt?

 

[Wry Catcher]

Define liberal.

liberal, a pragmatic idealist.

lefty, an impatient idealist,

conservative, a cautious cynic,

righty, an injudicious bigot,

libertarian, a confused curmudgeon

 

[peach174]

I think they want the country to collapse into socialism.

Why do you think anyone is ignoring the debt?

The whole DNC Convention was about spending and more government programs.

 

[squinch]

Deficits don't matter
Deficets do matter

The two faces of the Republican party

 

[beretta304]

Hey Oldguy, you're screwing up all the threads by starting to type in the wrong place. People's quotes are being attributted to the wrong people. This is the 2nd thread you did it on.

Quote: Originally Posted by Sinjorri

Define liberal.


Sinjorri didn't say the above...you did. Type your reply AFTER the last

 

[Katzndogz]

Democrats don't believe the debt exists. It's just a number. The number doesn't represent anything.

 

[Oldguy]

Hey Oldguy, you're screwing up all the threads by starting to type in the wrong place. People's quotes are being attributted to the wrong people. This is the 2nd thread you did it on.

Quote: Originally Posted by Sinjorri

Define liberal.


Sinjorri didn't say the above...you did. Type your reply AFTER the last quote

Huggy's post is the one I quoted and that's who i was talking to. I'll have to be more diligent to eliminate things like the sinjorri reference at the top, though that is not what enclosed in the quote.

 

[Liberal]

We just talk about taxing the rich more because we hate them, it could not possibly have anything to do with being a part of deficit reduction..

Balanced deficit reduction begins by collecting more taxes, pay your part.

It is a bit (un)liberal of me, however, I also think that reducing/changing the tax code to SMALL businesses may be a good experiment.. Both parties seem to ignore small business, or talk about them during election times and then pass legislation that overwhelmingly helps larger business. Any effect on small businesses through policy is generally a collateral effect.

 

[blastoff]

Forget for a moment who is responsible for the debt. Why don't liberals talk about how to deal with the debt? Do you think that you can just ignore it like you are doing now with the blame game. How are we ( USA ) going to deal with the fucking humongous debt? Can one of you liberals say one constructive thing about how to surmount the debt?

Biden could sum it up in one word, "Raise taxes!"

 

[TakeAStepBack]

The same reason "conservatives" ignored it under Bush.