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What you people don't get is that we've already spent what we don't have over the course of the past 10 years. These are already outstanding debts that we need to be making payments on that we will not be able to unless we increase our spending flexibility.
The federal deficits were around $300B a year during the GOP/Bush years. Thats not even CLOSE to what we're doing now which is 5x as much
Increase spending flexibility- we can do that by cutting back in other areas for now.
I always love this generic line. What exactly do you plan to cut that isn't going to lead to greater job losses (decreased tax revenue) and have a negative impact on the economy as a whole?
The problem is not Democrats or Republicans, the problem is politicians and their spending habits.
The American citizen constantly gets poked fun at for their debt, they are told they must cut spending, stop using credit cards, live within their means....
Yet our elected officials in that LA-LA land called Washington DC live on another plane of existence.
And as long as American citizens continue to elect these elitists nothing will change....
You want to cut the debt? Get rid of the elitists who now run the American government...
Back atcha slick. Do you think Republicans "had no impact"?
Just a sudden jolt of "fiscal responsibility" now that the spending spree isn't on their pet projects it seems......
Don't get me wrong, the deficits need to stop, but this game of political chicken is f***ing stupid....
Oh and to you too.... You've become a caricature of yourself with all the s....
Um, the public threw the GOP out of Congress because of deficit spending levels which were 20% of what they are now..
As for me becoming a caricature of yourself with the , if people didnt say so many stupid things, I wouldnt be , like someone who has no problem with $1.5T in deficit spending, but moaned and groaned about $300B under the GOP/Bush years .. Yep, you've earned another one
Bankruptcy is not the end. A couple of days ago there was a report on that whole topic and they said that Spain has already been bankrupt as a country more than a dozen times throughout its history
The problem is not Democrats or Republicans, the problem is politicians and their spending habits.
Actually the problem is a Democratic/Republican one. Democrats non stop ask for freebees, healthcare, increased welfare, medicare, housing, utilities, whatever you guys can get for FREE, except one thing, its not FREE.
Democrats rally against "corporate welfare", but you want tax credits for things like energy research, and then get outraged when those credits are used.
Um, the public threw the GOP out of Congress because of deficit spending levels which were 20% of what they are now..
As for me becoming a caricature of yourself with the , if people didnt say so many stupid things, I wouldnt be , like someone who has no problem with $1.5T in deficit spending, but moaned and groaned about $300B under the GOP/Bush years .. Yep, you've earned another one
Ugh... here is what you don't get: During the Bush/GOP part, instead of going into a reckless war in Iraq and cutting taxes needlessly, we should have been having a budget surplus used to pay down the national debt since we were in financially decent times (house of cards, yes, but we could have had surpluses).
Instead, they were spending us into deficit and debt so that when an actual financial crisis came along, we were already in debt to our ears before we had to struggle to help muzzle the financial crisis instead of having a nice, tidy rainy-day fund set aside.
Ugh... here is what you don't get: During the Bush/GOP part, instead of going into a reckless war in Iraq and cutting taxes needlessly, we should have been having a budget surplus used to pay down the national debt since we were in financially decent times (house of cards, yes, but we could have had surpluses).
Instead, they were spending us into deficit and debt so that when an actual financial crisis came along, we were already in debt to our ears before we had to struggle to help muzzle the financial crisis instead of having a nice, tidy rainy-day fund set aside.
That's why people don't complain as much.
Ahh, here is what you dont get.. There was NEVER a surplus.
Let alone the fact that liberals want to now pretend that deficit spending = a stimulus, but then in the next breath, proclaim that deficit spending caused the financial crisis.
Right, because he's the one that didn't pass the bill raising the debt ceiling...
We shouldn't have to raise the debt ceiling. Obama and his Dem buddies need to stop spending already!
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