What can the Donks say about this?

[Lenny]

Where in Hell is Nono and the others when something like this comes along? Alexa, I'm sure you'll have something in his defense.

Interesting nobody wants to point out that Klinton's 'surplus' was only possible if Enron, Worldcom and the other dishonest .coms remained in business and stole money from the rest of the economy.

[chernmax (Premo)]

Look Out Below?

[aps45819 (Premo)]

That's just the 2009 spending.
It doesn't cover the future obligations like most of the TARP program, the proposed seizure of the insurance industry or the increased cost to maintain the welfare slaves in the inner citys

[Vince]

The Dems don't care, as long as they get their free heathcare, etc.

[EmptyTimCup]

Originally Posted by aps45819

the proposed seizure of the insurance industry or the increased cost to maintain the welfare slaves in the inner citys

better get your Guns ready, when the checks starting bouncing and the roaches start streaming out of the city looking for a piece

[Mdbluecrab4]

When things go bad in Washington, they really go bad. Barack Hussein Obama and Daniel (Little Snot) Snyder. Two peas in a pod.
God help us all!

[Alexa]

Originally Posted by Lenny

Where in Hell is Nono and the others when something like this comes along? Alexa, I'm sure you'll have something in his defense.

Interesting nobody wants to point out that Klinton's 'surplus' was only possible if Enron, Worldcom and the other dishonest .coms remained in business and stole money from the rest of the economy.

Talk about a blind spot. No, I wouldn't have anything to say in Obama's defense if he continues spending this way. These numbers are projecting our current projectory without considering other factors. I don't think we are projecting an economic collapse once a year for the next fifty years for one. I did it find it very interesting when looking at the government spending history. The only other time that spending was done in such a magnitude was around the Great Depression. Funny how that graph correlates with that time in much the same manner it does now. The spending is something he deemed necessary in order to get out of the financial crisis we are in.

I also found the graphs very interesting in other ways too. Did anyone of you notice that it was during the Republican years that deficit spending was the highest? Oddly, I noticed a sharp spark when the Republican Messiah, Reagan took the helm. The only time spending by Dems were unreal were during economic crisis'. During "normal" times, the Dems pretty much made like true conservatives. The deficits weren't run up anything like the Republican's were.

Yet....somehow....after history tells us otherwise...we are supposed to trust a Republican doesn't have more hot air up his sleeve when he tells us he has a conservative spending plan? Again, if you believe that, I have a bottomless boat I have to sell you. It must be psychological, for I can't figure any other reason one would be soooo blind to their own ideological failings.

Perhaps they would be better served tending their own garden rather than wasting it because they are too busy critiquing someone else s. No one is going to take them seriously if they don't have the fruits from their own gardens to back them up on their rhetoric.

Another factor that isn't being considered is that the baby boomers by 2050 will.... for the most part be dead. Their children and grandchildren will finally be rid of that burden. Hopefully they will have finished cleaning up their destruction for their own children and grandchildren.

[bcp (Premo)]

FDRs spending brought us out of the depression? really? what if you look at the full picture of that time vs todays situation and remedy.

With the involvement in WWII, the majority of males found themselves in the military. Employed. Even those that had previously been out of work, now found themselves in a paying position. Maybe not the best, but still, there was money coming in.

When the men all had to leave for service it left a huge gap in the work force, this caused women that had never worked before to take up the jobs that the men had left behind.

Unemployment fell, fell fast as the war effort got underway. Now, we have many two income families. Time to get that new car, the new house, new toys for the kids etc.. right? wrong, most factories were retooled to make weapons and other needed items for the military.

So what happens to all the money people are suddenly making? really cant do much with it but stick it in the bank. Savings went up.
Naturally, after the war there was all this money in peoples hands that then was spent on things like homes, cars, clothing, vacations etc.. and we saw the boom of the 50s and the realization of the American dream.

lets look at today.
huge influx of dollars to places that are really not serving any purpose. Most of that money is going to fix a previous loss instead of going into creating future wealth.

There are no new jobs to be had in great numbers, Our product is out there, but its stagnating on the shelves and the factories are laying off. They have nowhere to turn as they did in the great depression.

As higher fuel prices, food prices, taxes, tarp, contributions for health care etc... eat into the dwindling income that people have, we are seeing much less saving, less buying.
Even when this "depression" is officially over, the masses will be left with no savings, so we can not expect to see that slingshot effect in spending that we did during the 50s.

First and easiest step could be as simple as drilling our own oil and not depending on the grace of the Saudis to keep the price of fuel at an affordable rate.
Right now, because of our money leaving this country for oil, the economic health of our nation is in the hands of some countries that would love to see us fail. Makes sense doesn't it?

Since alternative fuel sources are not just around the corner, we really have little choice but to continue using the fossil fuels, we might at well use our own. And, at the same time, if we are going to go into debt by giving out money that we don't have, we should be giving it in large quantities to companies devoted to creating alternatives. Hmmm, what if GM would have been allowed to fail, and instead, the money the got was used for research into affordable, reliable alternate energy transportation.




What we need right now is for our costs to come under control, we need the lower fuel costs, we need to forget about TARP, and the Health Insurance. The country needs to find a way to allow people to increase savings instead of burning through it.

The economic plan is exactly opposite of what this country needs to pick itself up again and insure a prosperous future.

[ImnoMensa]

lets look at today.
huge influx of dollars to places that are really not serving any purpose. Most of that money is going to fix a previous loss instead of going into creating future wealth.

There are no new jobs to be had in great numbers, Our product is out there, but its stagnating on the shelves and the factories are laying off. They have nowhere to turn as they did in the great depression.

As higher fuel prices, food prices, taxes, tarp, contributions for health care etc... eat into the dwindling income that people have, we are seeing much less saving, less buying.
Even when this "depression" is officially over, the masses will be left with no savings, so we can not expect to see that slingshot effect in spending that we did during the 50s.

First and easiest step could be as simple as drilling our own oil and not depending on the grace of the Saudis to keep the price of fuel at an affordable rate.
Right now, because of our money leaving this country for oil, the economic health of our nation is in the hands of some countries that would love to see us fail. Makes sense doesn't it?

Since alternative fuel sources are not just around the corner, we really have little choice but to continue using the fossil fuels, we might at well use our own. And, at the same time, if we are going to go into debt by giving out money that we don't have, we should be giving it in large quantities to companies devoted to creating alternatives. Hmmm, what if GM would have been allowed to fail, and instead, the money the got was used for research into affordable, reliable alternate energy transportation.




What we need right now is for our costs to come under control, we need the lower fuel costs, we need to forget about TARP, and the Health Insurance. The country needs to find a way to allow people to increase savings instead of burning through it.

The economic plan is exactly opposite of what this country needs to pick itself up again and insure a prosperous future.[/quote]

Amen ,Brother.

It certainly doesnt encourage savings when the bank is giving you 1.7% interest on your money, there is the threat of FDIC going broke , and the extra trillion dollars Obama printed will eventually eat your savings with inflation, which is coming as sure as Christmas. We should be building refineries and drilling right now. America needs energy to survive, any fool can see that, are the politicians against drilling fools, or are they trying to destroy us. The latter seems to be the case.

[awpitt]

Originally Posted by Lenny

Where in Hell is Nono and the others when something like this comes along? Alexa, I'm sure you'll have something in his defense.

Interesting nobody wants to point out that Klinton's 'surplus' was only possible if Enron, Worldcom and the other dishonest .coms remained in business and stole money from the rest of the economy.

Interetsing chart which shows Dems preside over lower deficits while Repubs preside over higher deficits. The situation now is a result of Obama trying to solve in 18 months the problems W and the Repubs created over the last two terms.