Underhill
Active Member
But we have been told the recession ended 4 years ago.....
And think about it, for 6 years of Bush things went pretty well, though he spent too much, unemployment was basically around 5%. Then the Democrats took over congress and we dropped straight into the great recession. But they had no part of that, can't blame any of them........
Facts are a real bitch sometimes, and the fact is that under this administration we have had the worst and slowest recovery in history.
So once again, fix it or get out of the way. The deficit must be zero and we have to pay something on the debt, every year...... A good start might even be with having a budget for the first time in 4 years....
The facts are both sides have spent us into this mess. It wasn't just the democrats. Bush was spending like a blond in a bath and body works before the democrats came along.
And of course we have the slowest recovery in history. It's the direct result of the debt. We can't spend our way out like we have in the last 4 recessions because we can't afford it.
I am all for having a budget. I'm just not sure how much good it will do. It's a bill that lays out spending. But it means no more than any other spending bill. They can add to it at will, just as they do in years without a budget.
I can write up a household budget. That does not mean I will stick to it. And the chances of Washington passing a budget and not adding additional spending weekly is essentially zero.
What is happening is simple. The debt is catching up with us and it's too late for easy fixes. If we had stuck with the direction Clinton and the republican congress had us in, we'd be in good shape right now and I suspect the debt would be at least 30-40% lower than it is today...