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R. Reagan created huge deficits and debt when he lowered rich peoples tax rates (republicans call it supply side/trickle down tax cuts.)
Clinton reversed Reagan's tax policies and he created surpluses, and he started paying down Americas national debt.
But then GW Bush lowered rich peoples tax rates again (and attacked Iraq for nothing), and he turned Clintons surpluses into huge deficits and national debt.
But now we have Obama bringing down GW Bush's debt growth rate (Obama has cut GW Bush's debt growth rate in 1/2.)
R. Reagan created huge deficits and debt when he lowered rich peoples tax rates (republicans call it supply side/trickle down tax cuts.)
Clinton reversed Reagan's tax policies and he created surpluses, and he started paying down Americas national debt.
But then GW Bush lowered rich peoples tax rates again (and attacked Iraq for nothing), and he turned Clintons surpluses into huge deficits and national debt.
But now we have Obama bringing down GW Bush's debt growth rate (Obama has cut GW Bush's debt growth rate in 1/2.)
isnt that pretty much what Chicago Jesus is doing with his excessive spending ?
liberals should be rejoicing at obama's lack of restraint with our checkbook...
He did save us!
Quote:
If we do not cut spending, the Republicans say, our debts will spiral out of control and the country will implode.
The good news, for those who don't relish the thought of the country imploding, is that this fear-mongering appears to be seriously overblown.
Our debt and deficit crisis is actually getting better fast.
The deficit itself is now shrinking quickly, and--as evidenced by today's super-low interest rates--the bond market is not worried about our ability to maintain our debt load over the long haul.
(Isn't it obvious that when you have a democrat president the economy just BOOMS and debt disappears and we have rich surpluses??)
No but its obvious that Clinton reversed Reagan's supply side tax policies, and then did all the things you said above. Its also obvious that Obama has cut GW Bush's debt growth rate in 1/2.
(And why do republicans keep making things terrible just so that brilliant democrats have more work to do to clean up the GOP messes?)
Because according to scientists the republican party is a "corporate propaganda group." The republican party's main purpose is to do supply side tax cuts.
If America can borrow $20 TRILLION for hunger programs and schools and paid sick leave and other France like programs then why not?
It would only cost around 2%…Good idea, progressives?
Not really.
If the idea is to take out greater debt then I would argue, as I have, that the money should be spent to develop substantial long term employment, both as direct expenditures for goods and service, research and development, but also paying for extensive job training at all levels.
Why would someone like you with nothing to say about a thread's subject matter be so invested in constantly replying to the thread if the original question is so "stupid"?
You know it is not a stupid subject but you don't have an answer for the issue so you continue to reply with off topic remarks (like your last post). Important questions leave the less intelligent stymied.
You will continue to reply and none of your upcoming replies will have anything to do with whether or not America should or shouldn't borrow many multiples of its GDP to ensure Americans have the same benefits as France or Norway or The Netherlands.
Watch...
It's pretty sad you have zero reading comprehension..... I was the 3rd person in your stupid thread and I answered your stupid question. Since you obviously missed it the first time I answered.... and the second time when I re posted my answer..... here it is AGAIN.....
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Originally Posted by dv1033
Nope.
Since we are asking stupid questions.... Conservatives, should we govern like Somalia in order to rid ourselves of govt burden?
Just so you have no excuse..... my answer to your question is "nope". "Nope" we should not borrow multiples of our GDP to ensure we have the same benefits as those countries.....
So no..............
Are you watching........?
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We are now under their control.
