It is just getting worse. the lies of 2006 have come full circle, time to own up libs

[Dante]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

Things were just fine until Democrats got more power.

You mean the shit thay led up to 2007 was good?

 

[Dante]

Oh, and liberals keep blaming Bush for this... they had both houses from 2006 onwards. Kind of dishonest if you ask me.

Shit hits the fan in 2007. Happens to be result of decades long rule of ... gulp. ... GOP

 

[Mac1958]

Jake, the meltdown wasn't created overnight, it wasn't just a "Bush did it" thing. The meltdown was decades in the making and cultural in its DNA. It was a massive building of torque within our financial system, fed by virtually all of us, that had to break at some point.

It was a little more complicated than something we can just blame on one specific group of people, especially to make some kind of political statement.

.

Here is the funny thing; it would not have made one bit of difference who was president. We were going to hit a brick wall at some point. Greenspan actually held off the meltdown through most of the Bush years by keeping interest rates much too low. Of course, had he let them creep higher, we would have had a larger recession during the Bush years, but it would not have been quite as bad as what we ended up with.

Despite all those things, the biggest factor was the fact that the baby boomers stopped buying. Whether they had already begun to retire or they were just at the point where their kids were growing up, baby boomers started to downsize, and they started saving for their retirement rather than spending it. That in itself was not the reason for the bust, but it is the biggest reason we have not seen a quicker recovery.

So what will be the driving force behind a strong recovery? It will come about as the baby boomers' kids start getting married, having kids, and buying their own new homes. Because of the downturn in the economy, many of these Generation Y kids have held off. In between the baby boomers and Generation Y is the lost Generation X'ers. They are the kids of the earliest baby boomers. Their numbers are around 40 million while the Generation Y crowd is around 75 million. Generation Y kids are currently between the ages of 19 and 36. Soon to follow is the Generation Z crowd. They are currently 21 million strong and that number is growing rapidly.

While we have gotten much older as a country with many more older people, that will slowly change again. When it does, the economy will grow stronger again, but that is still likely a good five years away. By 2020, we should really be booming.

So, what happens when, at some point, the Fed stops buying 85 BILLION worth of bonds each month to prop up the economy?

It's coming - at some point. It will be interesting to stand on the sidelines and watch as the economy bottoms out. I promise you - it WILL happen. And, I predict that it will "mysteriously" happen right about the time of the next presidential election.

We simply cannot go on the way we have for the last 3-4 years. It's a phony situation and it is going to come back to haunt America.

Agree & agree.

The news that the Fed is not tapering should scare the shit of out people re: the economy. It damn well knows, as does everyone in finance, I assure you, that it's propping up the market pretty much by itself right now. And if allows the bond market to crash, game over.

The economy is not moving on its own, and this administration is not helping it. When an administration starts picking winners and losers, when it hamstrings business at a critical point in a recovery, someone clearly doesn't know what they're doing. Either that or they're willing to cause the damage for some reason.

The exit of the baby boomer population from the workforce, 60+ million people, is something else no one talks about, that's a massive hole to fill, not to mention the costs associated directly with their aging.

If we're going to turn this country into a social democracy like France, it's not going to come without severe pain in the short and perhaps mid term. That's the little secret the politicians aren't going to tell you, because that severe pain will make us more dependent on them, and the process accelerates.

.

 

[JRK]

The only difference I can see between Bush/GOP and Obama/Democrats is...ObamaCare.

Seriously.

Nothing else has changed. Bush's domestic spying continues. Detainees are still in Gitmo. Muslims are still being killed by drones and US troops. Bush's wrecked economy is still wrecked.

The abortion rate is unchanged. Taxes went up for rich people a little bit. Waterboarding stopped, as far as we know. The too big to fail banks are even bigger. We ***** slapped Syria.

If I didn't know better, I'd swear there was a Republican in the White House right now.

It really illustrates just how radically liberal George W. Bush was - doesn't it?

If you didn't know better, you'd swear a Democrat occupied the White House from 2000 - 2008.

That is exactly why I never really like GWB, too liberal. I never really understood why the liberals hated him so he was one of them. I thought maybe it was because of the wars but by what we have seen lately we know they love war.

I could not agree more
I love ol W
he has a heart the size of Texas
But he was a classic Blue dog Dem
When it came to Saddam post 9-11, he had-had enough of his lying
Saddam had WMDs. The question the media never asked was were did they go
No child and Medicare D are liberal programs
turns out medicare D works, it is just un funded and added a fraction to our defict, unlike BHO failed stimulus

Programs like that for those who deserve them need funding, it would cost us pennies in a sales type fund or a payroll tax increase added to those capital gains that are at an insane level, say above 50% ( and I am just tlking bout 20.5% instead of the standard 20%)

 

[JRK]

Oh, and liberals keep blaming Bush for this... they had both houses from 2006 onwards. Kind of dishonest if you ask me.

Shit hits the fan in 2007. Happens to be result of decades long rule of ... gulp. ... GOP

shit hit the fan in 2008
the GOP lost power in 2006
what exact legeslation would you say caused these events?

Tax breaks?
Helping those in 05 with 6 major hurricanes?
The GOP rules (except the senate in 00-02) from 1994 congress
get your facts correct please

 

[JRK]

It's no lie. GOP unified rule lasted all of a whopping six whole years before their policy mistakes, both foreign & domestic, started to inflict their damage.

The GOP majority was brought to a glorious end in 2006. Too bad the suffering under Dumbya had to continue for two of the longest years in American history. With the economy swirling the toilet, and two ill-thought and ill-fought wars, Obama saved America with the stimulus, auto maker bailout, Iraq withdrawal and getting OBL once and for all, something that should have happened ten years earlier.

Every conservative in America owes America an apology for Dumbya and his oafish GOP congress, even though I personally won't accept it. The damage you inflicted was just too great.

wow
so BHO saved the auto industry? might want to check your facts there
tax payers and against the will of the people. GWB saved GM (UAW)(who still owes us over 20 billion)
The economy?
created 8 million REAL jobs
The proof is in the pudding over the Bush tax cuts. They were followed by a record 52 straight months of job creation, producing 8 million new jobs, with the unemployment rate falling to 4.4%. Business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter, producing all those new jobs.
Why America Is Going To Miss The Bush Tax Cuts - Forbes
stimulus?
90 million gone from the work force
<5% UE in 07
who knows were it is today but its safe to say way above 7%
Iraq?
http://www.google.ca/url?sa=t&rct=j...QP0GbSCoKH9Ce9ZPhWCK7_w&bvm=bv.52288139,d.cGE
GWB ended that war, no the troops ended it, GWB just set the end date
UBL?
Try and thank the CIA, Navy seals and a little water boarding, all BHO did was give the order (he had no choice)

Your media lies is folloing no one any more

the stimulus was only to add 1 trillion dollars to GWB base-line, this is why we have no budget sense

 

[asterism]

Things were just fine until Democrats got more power.

You mean the shit thay led up to 2007 was good?

It was far more manageable before a massive government intrusion into the economy and that started with the 2007 Democrat sweep. While that certainly didn't cause the crash, it turned a multi-faceted series of impending declines into one big bust. When the agenda of the Democrats was clearly coming, everyone started looking for a way out.

 

[JRK]

Things were just fine until Democrats got more power.

You mean the shit thay led up to 2007 was good?

It was far more manageable before a massive government intrusion into the economy and that started with the 2007 Democrat sweep. While that certainly didn't cause the crash, it turned a multi-faceted series of impending declines into one big bust. When the agenda of the Democrats was clearly coming, everyone started looking for a way out.

Much truth tio that
lets not forget Obama and the dems added over 1 trillion dollars to the previous base-line and then stopped voting on budgets, stating it was Ws to own forth right

 

[RandallFlagg]

Here is the funny thing; it would not have made one bit of difference who was president. We were going to hit a brick wall at some point. Greenspan actually held off the meltdown through most of the Bush years by keeping interest rates much too low. Of course, had he let them creep higher, we would have had a larger recession during the Bush years, but it would not have been quite as bad as what we ended up with.

Despite all those things, the biggest factor was the fact that the baby boomers stopped buying. Whether they had already begun to retire or they were just at the point where their kids were growing up, baby boomers started to downsize, and they started saving for their retirement rather than spending it. That in itself was not the reason for the bust, but it is the biggest reason we have not seen a quicker recovery.

So what will be the driving force behind a strong recovery? It will come about as the baby boomers' kids start getting married, having kids, and buying their own new homes. Because of the downturn in the economy, many of these Generation Y kids have held off. In between the baby boomers and Generation Y is the lost Generation X'ers. They are the kids of the earliest baby boomers. Their numbers are around 40 million while the Generation Y crowd is around 75 million. Generation Y kids are currently between the ages of 19 and 36. Soon to follow is the Generation Z crowd. They are currently 21 million strong and that number is growing rapidly.

While we have gotten much older as a country with many more older people, that will slowly change again. When it does, the economy will grow stronger again, but that is still likely a good five years away. By 2020, we should really be booming.

So, what happens when, at some point, the Fed stops buying 85 BILLION worth of bonds each month to prop up the economy?

It's coming - at some point. It will be interesting to stand on the sidelines and watch as the economy bottoms out. I promise you - it WILL happen. And, I predict that it will "mysteriously" happen right about the time of the next presidential election.

We simply cannot go on the way we have for the last 3-4 years. It's a phony situation and it is going to come back to haunt America.

Agree & agree.

The news that the Fed is not tapering should scare the shit of out people re: the economy. It damn well knows, as does everyone in finance, I assure you, that it's propping up the market pretty much by itself right now. And if allows the bond market to crash, game over.

The economy is not moving on its own, and this administration is not helping it. When an administration starts picking winners and losers, when it hamstrings business at a critical point in a recovery, someone clearly doesn't know what they're doing. Either that or they're willing to cause the damage for some reason.

The exit of the baby boomer population from the workforce, 60+ million people, is something else no one talks about, that's a massive hole to fill, not to mention the costs associated directly with their aging.

If we're going to turn this country into a social democracy like France, it's not going to come without severe pain in the short and perhaps mid term. That's the little secret the politicians aren't going to tell you, because that severe pain will make us more dependent on them, and the process accelerates.

.

Indeed. The European countries just announced that the Feds decision to continue this nonsense (propping up this fake economy) will most likely lead to a currency war.

Europe, apparently, is at it's breaking point. Our dollar is worthless and Europe (I predict) is going to abandon its support for the dollar.

This is the beginning of trouble for the US. BIG trouble.

 

[Spoonman]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

who has had 5 years to change those policies and hasn't? btw, I am still waiting for you to provide even 1 piece of legislation enacted by bush that brought down the economy or ruined the housing market as you claimed. you can't do it can you?

 

[naturegirl]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

So you're saying that we should put Republicans in charge of everything again?

rdean, I'd never thought you'd say such a thing!

The things you learn ...

So you liked their damage? The millions of jobs moved to China? The ruined economy? If you listened to Republicans we would have no car industry. And that would have affected the steel, plastics and textiles industries.

God you guys are dumb. Can't you see the damage Republicans caused the country after so many of their policies were implemented. Only morons could turn the two weeks the Democrats actually controlled both houses into two years. And all the GOP denial. It's really the Democrats fault because they didn't stop the Republicans. What a ridiculous argument.

OMG have you seen what the Dems have done to Chicago?? High school kids graduating that can't even read. Teachers that don't teach, the gangs, drugs and thuggery is out of control. Kids have to be escorted to school and they are the murder capital of America. Do you see how Dem policies hurt the people that are forced to depend on government to eat and live?? Do you see what dumbing down has done to our children??

Given enough time this regime will have all of America in the throws of Chicagoland and it's horrendous life style. It's how they do business.

Now would you like to talk about what the Dems have done to Detroit?? Or San Francisco?

 

[velvtacheeze]

It's no lie. GOP unified rule lasted all of a whopping six whole years before their policy mistakes, both foreign & domestic, started to inflict their damage.

The GOP majority was brought to a glorious end in 2006. Too bad the suffering under Dumbya had to continue for two of the longest years in American history. With the economy swirling the toilet, and two ill-thought and ill-fought wars, Obama saved America with the stimulus, auto maker bailout, Iraq withdrawal and getting OBL once and for all, something that should have happened ten years earlier.

Every conservative in America owes America an apology for Dumbya and his oafish GOP congress, even though I personally won't accept it. The damage you inflicted was just too great.

wow
so BHO saved the auto industry? might want to check your facts there
tax payers and against the will of the people. GWB saved GM (UAW)(who still owes us over 20 billion)
The economy?
created 8 million REAL jobs
The proof is in the pudding over the Bush tax cuts. They were followed by a record 52 straight months of job creation, producing 8 million new jobs, with the unemployment rate falling to 4.4%. Business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter, producing all those new jobs.
Why America Is Going To Miss The Bush Tax Cuts - Forbes
stimulus?
90 million gone from the work force
<5% UE in 07
who knows were it is today but its safe to say way above 7%
Iraq?
http://www.google.ca/url?sa=t&rct=j...QP0GbSCoKH9Ce9ZPhWCK7_w&bvm=bv.52288139,d.cGE
GWB ended that war, no the troops ended it, GWB just set the end date
UBL?
Try and thank the CIA, Navy seals and a little water boarding, all BHO did was give the order (he had no choice)

Your media lies is folloing no one any more

the stimulus was only to add 1 trillion dollars to GWB base-line, this is why we have no budget sense

It's so sad to watch conservatives reach into the toilet again and again to try to bring back up the failed and flopped Bush Presidency up from the sewer.

If Bush's Presidency was so successful, then why didn't he keep his GOP Congressional majority? Why didn't McCain win the White House?

Listen, it's best to give up on defending one of the all time worst President's in American history, George Dumbya Bush. He was an ill-spoken oaf who used his unearned privileges as a Bush family member to get out of real military service, get into Yale on a legacy admission, and then become President based on having his dad's name. He was in over his head, and the nation suffered needlessly from his policies.

Move on instead to defending whatever idiot GOPer is running for President now. You're chances of success aren't good, but they are better.

 

[Freewill]

It's no lie. GOP unified rule lasted all of a whopping six whole years before their policy mistakes, both foreign & domestic, started to inflict their damage.

The GOP majority was brought to a glorious end in 2006. Too bad the suffering under Dumbya had to continue for two of the longest years in American history. With the economy swirling the toilet, and two ill-thought and ill-fought wars, Obama saved America with the stimulus, auto maker bailout, Iraq withdrawal and getting OBL once and for all, something that should have happened ten years earlier.

Every conservative in America owes America an apology for Dumbya and his oafish GOP congress, even though I personally won't accept it. The damage you inflicted was just too great.

Seriously, the mental defect you must have that makes you forget anything past 2013 needs treated. Anyone alive before 2006 and the disastrous democrat take over remembers that things were not bad. It took the democrats only two years to destroy what was good and it has taken them 3 more to just about finish off America. But I guess in some alternate Universe of liberal imagination just the opposite occurred.

 

[Freewill]

It's no lie. GOP unified rule lasted all of a whopping six whole years before their policy mistakes, both foreign & domestic, started to inflict their damage.

The GOP majority was brought to a glorious end in 2006. Too bad the suffering under Dumbya had to continue for two of the longest years in American history. With the economy swirling the toilet, and two ill-thought and ill-fought wars, Obama saved America with the stimulus, auto maker bailout, Iraq withdrawal and getting OBL once and for all, something that should have happened ten years earlier.

Every conservative in America owes America an apology for Dumbya and his oafish GOP congress, even though I personally won't accept it. The damage you inflicted was just too great.

wow
so BHO saved the auto industry? might want to check your facts there
tax payers and against the will of the people. GWB saved GM (UAW)(who still owes us over 20 billion)
The economy?
created 8 million REAL jobs
The proof is in the pudding over the Bush tax cuts. They were followed by a record 52 straight months of job creation, producing 8 million new jobs, with the unemployment rate falling to 4.4%. Business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter, producing all those new jobs.
Why America Is Going To Miss The Bush Tax Cuts - Forbes
stimulus?
90 million gone from the work force
<5% UE in 07
who knows were it is today but its safe to say way above 7%
Iraq?
http://www.google.ca/url?sa=t&rct=j...QP0GbSCoKH9Ce9ZPhWCK7_w&bvm=bv.52288139,d.cGE
GWB ended that war, no the troops ended it, GWB just set the end date
UBL?
Try and thank the CIA, Navy seals and a little water boarding, all BHO did was give the order (he had no choice)

Your media lies is folloing no one any more

the stimulus was only to add 1 trillion dollars to GWB base-line, this is why we have no budget sense

It's so sad to watch conservatives reach into the toilet again and again to try to bring back up the failed and flopped Bush Presidency up from the sewer.

If Bush's Presidency was so successful, then why didn't he keep his GOP Congressional majority? Why didn't McCain win the White House?

Listen, it's best to give up on defending one of the all time worst President's in American history, George Dumbya Bush. He was an ill-spoken oaf who used his unearned privileges as a Bush family member to get out of real military service, get into Yale on a legacy admission, and then become President based on having his dad's name. He was in over his head, and the nation suffered needlessly from his policies.

Move on instead to defending whatever idiot GOPer is running for President now. You're chances of success aren't good, but they are better.

Basically because the democrats have made people dependent and scared. Quite the legacy for the worst government in US history. No one is defending GOP failure but you sure seem to want to go way out of your way to be stupid and defend DNC gross failure.

 

[Freewill]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

who has had 5 years to change those policies and hasn't? btw, I am still waiting for you to provide even 1 piece of legislation enacted by bush that brought down the economy or ruined the housing market as you claimed. you can't do it can you?

Hold your breath waiting for that answer. Hold it until you pass out then the sheer stupidity of the liberal left won't bother you, for awhile.

 

[JRK]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

who has had 5 years to change those policies and hasn't? btw, I am still waiting for you to provide even 1 piece of legislation enacted by bush that brought down the economy or ruined the housing market as you claimed. you can't do it can you?

Been asking the same question for years
Not one answer ever
they were lied to and then they hold those who lied to them them as heros
it is nuts

 

[JRK]

It's no lie. GOP unified rule lasted all of a whopping six whole years before their policy mistakes, both foreign & domestic, started to inflict their damage.

The GOP majority was brought to a glorious end in 2006. Too bad the suffering under Dumbya had to continue for two of the longest years in American history. With the economy swirling the toilet, and two ill-thought and ill-fought wars, Obama saved America with the stimulus, auto maker bailout, Iraq withdrawal and getting OBL once and for all, something that should have happened ten years earlier.

Every conservative in America owes America an apology for Dumbya and his oafish GOP congress, even though I personally won't accept it. The damage you inflicted was just too great.

wow
so BHO saved the auto industry? might want to check your facts there
tax payers and against the will of the people. GWB saved GM (UAW)(who still owes us over 20 billion)
The economy?
created 8 million REAL jobs
The proof is in the pudding over the Bush tax cuts. They were followed by a record 52 straight months of job creation, producing 8 million new jobs, with the unemployment rate falling to 4.4%. Business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter, producing all those new jobs.
Why America Is Going To Miss The Bush Tax Cuts - Forbes
stimulus?
90 million gone from the work force
<5% UE in 07
who knows were it is today but its safe to say way above 7%
Iraq?
http://www.google.ca/url?sa=t&rct=j...QP0GbSCoKH9Ce9ZPhWCK7_w&bvm=bv.52288139,d.cGE
GWB ended that war, no the troops ended it, GWB just set the end date
UBL?
Try and thank the CIA, Navy seals and a little water boarding, all BHO did was give the order (he had no choice)

Your media lies is folloing no one any more

the stimulus was only to add 1 trillion dollars to GWB base-line, this is why we have no budget sense

It's so sad to watch conservatives reach into the toilet again and again to try to bring back up the failed and flopped Bush Presidency up from the sewer.

If Bush's Presidency was so successful, then why didn't he keep his GOP Congressional majority? Why didn't McCain win the White House?

Listen, it's best to give up on defending one of the all time worst President's in American history, George Dumbya Bush. He was an ill-spoken oaf who used his unearned privileges as a Bush family member to get out of real military service, get into Yale on a legacy admission, and then become President based on having his dad's name. He was in over his head, and the nation suffered needlessly from his policies.

Move on instead to defending whatever idiot GOPer is running for President now. You're chances of success aren't good, but they are better.

Why didt the GOP stay in power?
ABC
CBS
NBC
CNN
POST
TIMES
MSNBC
Weather channel
USA today
Time Mag
Move on .org

and boy what a diff its made

defict in 07? 162 billion
in 09?
1.4 trillion
UE rate 07 <5%
2010 10%


Was BHO vetted by the press in 08?
A PALIN was
Sarah Palin Background Check Vetting Process Mainstream Media MSM Sending Teams of Investigative Reporters to Wasilla and Anchorage Alaska to Scour Records and Interview Locals Liberal Left Wing Democrat Journalists Looking for Dirt on Republican VP

 

[zeke]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

who has had 5 years to change those policies and hasn't? btw, I am still waiting for you to provide even 1 piece of legislation enacted by bush that brought down the economy or ruined the housing market as you claimed. you can't do it can you?

Been asking the same question for years
Not one answer ever
they were lied to and then they hold those who lied to them them as heros
it is nuts

Hey that's easy. According to what I read here, TARP 1 was the reason the economy crashed. Who brought us TARP?

According to what I read here, the CRA was the reason the housing market collapsed. And who had the Congress and the WH (for a period) and COULD have overturned the CRA requirements and therefore averted the housing collapse. Who was the President that could have done that?

Then there is this. Who was the President when it was decided to run two wars and not pay for them? Who was that guy? And why didn't he pay for the wars? Now I know that wasn't "legislation" passed. It WAS legislation AVOIDED.

Then there is the prescription drug program. Who brought us that (with a middle of the night vote) and didn't PAY for that program?

What was the last Presidents name? And if the last President didn't collapse the economy, what did the last President do to improve the economy?

Seems like the LACK of productive legislation from the last Presidency is a real problem NOW.

 

[zeke]

wow
so BHO saved the auto industry? might want to check your facts there
tax payers and against the will of the people. GWB saved GM (UAW)(who still owes us over 20 billion)
The economy?
created 8 million REAL jobs
The proof is in the pudding over the Bush tax cuts. They were followed by a record 52 straight months of job creation, producing 8 million new jobs, with the unemployment rate falling to 4.4%. Business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter, producing all those new jobs.
Why America Is Going To Miss The Bush Tax Cuts - Forbes
stimulus?
90 million gone from the work force
<5% UE in 07
who knows were it is today but its safe to say way above 7%
Iraq?
http://www.google.ca/url?sa=t&rct=j...QP0GbSCoKH9Ce9ZPhWCK7_w&bvm=bv.52288139,d.cGE
GWB ended that war, no the troops ended it, GWB just set the end date
UBL?
Try and thank the CIA, Navy seals and a little water boarding, all BHO did was give the order (he had no choice)

Your media lies is folloing no one any more

the stimulus was only to add 1 trillion dollars to GWB base-line, this is why we have no budget sense

It's so sad to watch conservatives reach into the toilet again and again to try to bring back up the failed and flopped Bush Presidency up from the sewer.

If Bush's Presidency was so successful, then why didn't he keep his GOP Congressional majority? Why didn't McCain win the White House?

Listen, it's best to give up on defending one of the all time worst President's in American history, George Dumbya Bush. He was an ill-spoken oaf who used his unearned privileges as a Bush family member to get out of real military service, get into Yale on a legacy admission, and then become President based on having his dad's name. He was in over his head, and the nation suffered needlessly from his policies.

Move on instead to defending whatever idiot GOPer is running for President now. You're chances of success aren't good, but they are better.

Why didt the GOP stay in power?
ABC
CBS
NBC
CNN
POST
TIMES
MSNBC
Weather channel
USA today
Time Mag
Move on .org

and boy what a diff its made

defict in 07? 162 billion
in 09?
1.4 trillion
UE rate 07 <5%
2010 10%


Was BHO vetted by the press in 08?
A PALIN was
Sarah Palin Background Check Vetting Process Mainstream Media MSM Sending Teams of Investigative Reporters to Wasilla and Anchorage Alaska to Scour Records and Interview Locals Liberal Left Wing Democrat Journalists Looking for Dirt on Republican VP

The WEATHER channel? Really? Everybody picks on the weather.

 

[JRK]

who has had 5 years to change those policies and hasn't? btw, I am still waiting for you to provide even 1 piece of legislation enacted by bush that brought down the economy or ruined the housing market as you claimed. you can't do it can you?

Been asking the same question for years
Not one answer ever
they were lied to and then they hold those who lied to them them as heros
it is nuts

Hey that's easy. According to what I read here, TARP 1 was the reason the economy crashed. Who brought us TARP?

According to what I read here, the CRA was the reason the housing market collapsed. And who had the Congress and the WH (for a period) and COULD have overturned the CRA requirements and therefore averted the housing collapse. Who was the President that could have done that?

Then there is this. Who was the President when it was decided to run two wars and not pay for them? Who was that guy? And why didn't he pay for the wars? Now I know that wasn't "legislation" passed. It WAS legislation AVOIDED.

Then there is the prescription drug program. Who brought us that (with a middle of the night vote) and didn't PAY for that program?

What was the last Presidents name? And if the last President didn't collapse the economy, what did the last President do to improve the economy?

Seems like the LACK of productive legislation from the last Presidency is a real problem NOW.

Tarp?
Tarp had nothing to do but save trillions in middle class 401ks
Pay for the wars?
you might want to read the constitution where-in the defense of this nation is far above wellfare, wellfare is un-funded, not the defense of this nation
and yes BOTH wars where voted on and funded through the US congress

BTW the UE rate in 2007 was less than 5% and the defict was 162 billion
Medicare D and both wars were wide open at that time

Medicare D? I give you d and raise you stimulus/GM/GMAC.Chrysler/Omnibus and the other parts of Tarp BHO used that we never got back

That is medicare D for seniors
•"Maybe eventually nothing."
The calculable net cost of the various Medicare drug programs to all taxpayers is probably under $50 billion in 2013. According to the just released MedPAC 2013 Data Book, the "budget" (see NOTE) for Part D was $61.7 billion in 2011 (latest full year data published by the government). There is also Part-D-like drug coverage in public Part C Medicare Advantage health plans that added another $23 billion in federal spending in 2011.

But almost $50 billion of that spending was on low-income seniors. Before Part D began in 2006, federal and state governments paid for most drugs for low-income seniors through Medicaid and/or through state pharmaceutical assistance programs. Most but not all of those costs have now been picked up in the Part D "budget" so the real net cost of Part D is much lower than the full "budgeted" spending. Today under Part D, all low- income seniors across the United States receive free drug insurance and very low co-pays and have no deductibles or exposure to the so-called donut hole.
So the source for a good portion of the Part D cost this year just represents money shifted from your left taxpayer pocket to your right taxpayer pocket back in 2006. The actual net cost is even lower but it is not possible to know by how much exactly. Early results after five years of whether Part D works have shown that the money spent on Part D drugs by the government and the Medicare beneficiary has reduced the amount spent on Medicare Parts A and B (that is, it looks like people taking their meds go to the doctors less often). I believe the CBO is currently estimating those savings at around $10 billion a year and that number is growing. If that trend holds up, the net cost of Part D is under $40 billion in 2013 and could in theory reach zero some day. That's just theory but let's hope.

How Much Does Medicare Part D Drug Coverage Cost Taxpayers? - Medicare Without the Politics - Barnstable-Hyannis, MA Patch
or the 1 trillion failed stimulus

you want to try that again?


you forgot Katrina's 100 bilion also?

Look at where your tax dollars go bud

Mandatory spending: $2.173 trillion (+14.9%) $695 billion (+4.9%) – Social Security
$571 billion (+58.6%) – Unemployment/Welfare/Other mandatory spending
$453 billion (+6.6%) – Medicare
$290 billion (+12.0%) – Medicaid
$164 billion (+18.0%) – Interest on National Debt






US receipt and expenditure estimates for fiscal year 2010. Discretionary spending: $1.378 trillion (+13.8%) $663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations)
$78.7 billion (&#8722;1.7%) – Department of Health and Human Services
$72.5 billion (+2.8%) – Department of Transportation
$52.5 billion (+10.3%) – Department of Veterans Affairs
$51.7 billion (+40.9%) – Department of State and Other International Programs
$47.5 billion (+18.5%) – Department of Housing and Urban Development
$46.7 billion (+12.8%) – Department of Education
$42.7 billion (+1.2%) – Department of Homeland Security
$26.3 billion (&#8722;0.4%) – Department of Energy
$26.0 billion (+8.8%) – Department of Agriculture
$23.9 billion (&#8722;6.3%) – Department of Justice
$18.7 billion (+5.1%) – National Aeronautics and Space Administration
$13.8 billion (+48.4%) – Department of Commerce
$13.3 billion (+4.7%) – Department of Labor
$13.3 billion (+4.7%) – Department of the Treasury
$12.0 billion (+6.2%) – Department of the Interior
$10.5 billion (+34.6%) – Environmental Protection Agency
$9.7 billion (+10.2%) – Social Security Administration
$7.0 billion (+1.4%) – National Science Foundation
$5.1 billion (&#8722;3.8%) – Corps of Engineers
$5.0 billion (+100%-NA) – National Infrastructure Bank
$1.1 billion (+22.2%) – Corporation for National and Community Service
$0.7 billion (0.0%) – Small Business Administration
$0.6 billion (&#8722;14.3%) – General Services Administration
$0 billion (&#8722;100%-NA) – Troubled Asset Relief Program (TARP)
$0 billion (&#8722;100%-NA) – Financial stabilization efforts
$11 billion (+275%-NA) – Potential disaster costs
$19.8 billion (+3.7%) – Other Agencies
$105 billion – Other

2010 United States federal budget - Wikipedia, the free encyclopedia

Total spending[edit source]





A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General government
2007
2007 United States federal budget - Wikipedia, the free encyclopedia


last GOP budget BTW and 1 trillion dollars less than the 2011 number