Democrats have no clue how the economy works. (unemployment, Congress, Reagan)

[nononsenseguy]

I'm convinced. The Democrats don't have the slightest idea of how the economy works.

One of these top Democrat "idiots" (I didn't get his name, and he isn't familiar to me) was just on Neal Cavuto, and Neal asked him if he really thought "spreading the wealth around"; i.e., by bringing the rich down via higher top marginal rates, would somehow raise those in the lower brackets up?

This guy started on a rant about how the Bush tax cuts had lowered the income of those at the bottom. He actually said that we took money from those at the bottom, and gave it to those at the top! These people are nuts!

Why is it that these people cannot understand the simple concept of work, and wealth creation? Wealthy people didn't "steal" their money. They earned it! And somehow, these Democrats think that that is (his word) "imoral"!

Why can't I earn as much as I desire to, and as much as my talent and my inginuity, labor, and dedication allow? Why is that "imoral"?

And what gives these people the right to take it from me if I do that?

These people are crazier than I thought.

This is what we are in for for the next few years (hopefully only two, if the Republicans wise up and realize that it was not "conservatism" that lost this election, it was lack thereof).

This is going to be a rough ride, and we conservatives are going to have to be willing to fight, and fight hard against this leftist bunch that we allowed back in power by our foolishness in thinking that we could "work with them".

That's what we get with "new tone" policies, and that is where I fault Bush.

These people have to be defeated. There is no "working with them".

[irspow]

The only middle ground between capitalism and communism is the transitional period known as socialism. Once you are socialist, as we are, there is no turning back, sorry. We need another plan.

[SmerkyGrl]

Really? This is coming from someone of the party whose last two candidates put our economy into deficits of epic proportions?

[Mach50]

Hrrmmm let's see, democrats and economy, wouldn't job growth be a good indicator?

[nononsenseguy]

Originally Posted by SmerkyGrl

Really? This is coming from someone of the party whose last two candidates put our economy into deficits of epic proportions?

It's true that Bush spent like a drunken sailor, and that is precisely why conservatives have not been happy with Bush.

Bush is not a conservative. Never was. Worse, he had this "new tone" policy, where he refused to confront an issue and assert authority and leadership. This was his main downfall, and where he let us down, as conservatives.

But Bush alone isn't responsible for the record deficits. Democrats too, love to spend. They were all too willing to go along with Bush's spending.

Secondly, we have the so-called "mortgage/banking meltdown". This is entirely the doing of Democrats, specifically a few whose names have been mentioned over and over, Barney Frank, Chris Dodd, Chuck Schumer, and a few others, all top Democrats, who have been in charge of Fannie Mae, and Freddie Mac. When warned about the likelihood of a collapse of the system, they all said (and there is audio and video of this in their words), as the Republicans tried to warn them, "We don't see a problem. Even Maxine Waters was there, and saying the same thing. "No problems" existed. Everything was just fine. This was several years ago, I forget which year this took place. The video may still be out there on YouTube.

Further, and here is the real scandal, because of the system these people had set up, through the CRA, these Mortgages were being bought by Fannie Mae, and Freddie Mac, and these Democrats were getting rich from the scheme. Not only were they getting "sweetheart deals", they were getting large sums of money! It was a total scam!

And we left them in charge. They should be in jail.

[nononsenseguy]

Originally Posted by Mach50

Hrrmmm let's see, democrats and economy, wouldn't job growth be a good indicator?

I'm wondering where you got that graph, because I don't believe it. The Eisenhower years were boom years, and so even was the first term of Reagan, which your graph shows no job growth.

Additionally it shows job growth during Carter, which I doubt is true. Those were the worst economic times in my life, and I remember them well. Everybody was hurting, with high unemployment, double digit inflation and double digit interest rates.

I think there is something you are not telling us about what that graph, if it is legitamate, is showing.

Kindly give us the source of that graph.

[tinman01]

Given the collapse of our economy over the last 2 years it can be said that neither party understands how the economy works. Seems like they both had their hand in this goat screw.

[saganista]

Originally Posted by nononsenseguy

And we left them in charge. They should be in jail.

If they should be in jail, you should be in a library. YouTube as a source? How dismal can it get! Bush's economic policies were all run through a rubber-stamp Republican Congress. All of them...the tax cuts, the war spending, the slashing of social services...have been a complete disaster. The credit crisis is all but entirely the result of actually trusting in laissez-faire free-market capitalism, something that has miserably failed us often enough before. All the cooked-up, cockamamie excusification and blame-shifting in the world isn't going to change that fact.

YOUR.....WAYS.....DON'T.....WORK.

[irspow]

Job growth is a stupid statistic as far as I am concerned. Why is it so great that so few people are working for someone else? I would think that the number of new businesses would be the best possible indicator of a great free market system. Not one that allows everyone to become the property of someone else, or to be used as a tool to make someone else money. Our country could benefit if we had a real shift in what we preach as the american dream. A good job should not be part of it at all. Finding your own way to be of value to others is what freedom is, not being a thoughtless animal used at the whim of your employer.

[Mark S.]

Originally Posted by nononsenseguy

Wealthy people didn't "steal" their money. They earned it!

Wall Street millionaires earned it? How? What did they produce? Investment brokers earned it? How? What did they produce? Corporate CEOs running their companies into the ground earned their millions? How?