Toro
Diamond Member
Its pretty scary, but its hard to bang only on the Left, given the gross incompetence of the Right at running the nation's finances the past 30 years.
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True, true.
But one might consider that we should institute a new "Peace Dividend" to help us out in this time of crisis, by reducing military spending.
Also, introducing new technological advances to create jobs is a good way to go too, like green energy advances.
The real question is why did the right "create" such a debt?
2.5 trillion tax cut
3 trillion in war
trillion stimulus package
Who knows how much wasted on Katrina cleanup that never happened?
Who know how much their drug package cost?
Then the left get's stuck with this mess. Worse, the Republicans, the very people who created this disaster, think they know how to clean it up? Are they insane?
ROFLMNAO...
National debt is roughly 12.5 trillion... the rolling tab for The Costs of the New Deal and The Great Society and subsequent expansions of those policy failures... is now roughly 12.5 trillion...
Hmmm....
The thing to understand, is that entitlement programs are DESIGNED to bankrupt the culture... where Americans went wrong, was we tolerated idiocy, on the absurd premise that 'they're Americans too... and they have a right to their opinion.'
Two things: There are no Leftist Americans... and there is no right to advaocate for immoral, unsound, unsustainable policy; the only potential result of which, is bankruptcy...
Republicans started caring about the debt as soon as they were out of power and realized that they wouldn't get to spend on what they wanted anymore.
No Carb, we never realized we could just "deem" laws passed or we would have privatized Social Security, closed the Department of Ed and pulled Freddie and Fannie back from the brink before the Dems shoved the US housing market off the cliff.
Republicans started caring about the debt as soon as they were out of power and realized that they wouldn't get to spend on what they wanted anymore.
And who got us back in that big debt?
The real question is why did the right "create" such a debt?
2.5 trillion tax cut
3 trillion in war
trillion stimulus package
Who knows how much wasted on Katrina cleanup that never happened?
Who know how much their drug package cost?
Then the left get's stuck with this mess. Worse, the Republicans, the very people who created this disaster, think they know how to clean it up? Are they insane?
ROFLMNAO...
National debt is roughly 12.5 trillion... the rolling tab for The Costs of the New Deal and The Great Society and subsequent expansions of those policy failures... is now roughly 12.5 trillion...
Hmmm....
The thing to understand, is that entitlement programs are DESIGNED to bankrupt the culture... where Americans went wrong, was we tolerated idiocy, on the absurd premise that 'they're Americans too... and they have a right to their opinion.'
Two things: There are no Leftist Americans... and there is no right to advaocate for immoral, unsound, unsustainable policy; the only potential result of which, is bankruptcy...
And who got us back in that big debt?
We have been in debt for decades, but president Bush doubled our entire history's national debt in 8 years.
It looks like our debt will also double the next 10 years as well....and as toro's articles and charts and analysis SHOWS, we were put on that road to debt by President Bush's administration and congresses.
Obama is adding to the projected debt that Bush put us on the road to...
clinton administration and his congresses, put us on a road to surpluses.
That's one problem that shouldn't be tolerated...not being able to spend money on what you need and want. In stead of "stimulus" spending on projects that stuff money into a few pockets (money that was extracted from taxpayers) we should release the same amount of money to the people (by way of tax cuts or direct payments) and let them spend it on whatever they wish, stimulating the local economy like no stimulus money has done to date.Republicans started caring about the debt as soon as they were out of power and realized that they wouldn't get to spend on what they wanted anymore.
The Clinton "surpluses" resulted from voodoo economics and redefinitions of things like spending cuts. You know it all depends on what the definition of is is.And who got us back in that big debt?
We have been in debt for decades, but president Bush doubled our entire history's national debt in 8 years.
It looks like our debt will also double the next 10 years as well....and as toro's articles and charts and analysis SHOWS, we were put on that road to debt by President Bush's administration and congresses.
Obama is adding to the projected debt that Bush put us on the road to...
clinton administration and his congresses, put us on a road to surpluses.
That's one problem that shouldn't be tolerated...not being able to spend money on what you need and want. In stead of "stimulus" spending on projects that stuff money into a few pockets (money that was extracted from taxpayers) we should release the same amount of money to the people (by way of tax cuts or direct payments) and let them spend it on whatever they wish, stimulating the local economy like no stimulus money has done to date.Republicans started caring about the debt as soon as they were out of power and realized that they wouldn't get to spend on what they wanted anymore.
The Clinton "surpluses" resulted from voodoo economics and redefinitions of things like spending cuts. You know it all depends on what the definition of is is.And who got us back in that big debt?
We have been in debt for decades, but president Bush doubled our entire history's national debt in 8 years.
It looks like our debt will also double the next 10 years as well....and as toro's articles and charts and analysis SHOWS, we were put on that road to debt by President Bush's administration and congresses.
Obama is adding to the projected debt that Bush put us on the road to...
clinton administration and his congresses, put us on a road to surpluses.
The real question is why did the right "create" such a debt?
2.5 trillion tax cut
3 trillion in war
trillion stimulus package
Who knows how much wasted on Katrina cleanup that never happened?
Who know how much their drug package cost?
Then the left get's stuck with this mess. Worse, the Republicans, the very people who created this disaster, think they know how to clean it up? Are they insane?
True, true.
But one might consider that we should institute a new "Peace Dividend" to help us out in this time of crisis, by reducing military spending.
Also, introducing new technological advances to create jobs is a good way to go too, like green energy advances.
Good idea. Let's declare the War on Poverty won and reduce entitlement spending.
Sure.. In your own world.
So tell me.. Why was I talking about the Deficit when Bush was in Power..
Don't start saying stuff when you can't even prove it.
Or..
I could also twist it around for yah..
Democrats stopped caring about the Deficit when Obama came in tower and realized they could spend on what they wanted.
Clinton had the most robust economy since the 50's.just that Clinton did have a budget surplus, using the same gvt measures as used for president ghw bush's budget before him and president gw bush's budget after him....