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This is why it is imperative that Obama gets another term.
If one of the Republican clowns running for president somehow ended up in the White House, the national debt will skyrocket exponentially as they push for more tax cuts for the rich and increased defense spending. GOP chickenhawks will then push for war against Iran, which will cost another $1 trillion. And then say goodbye to the economic recovery, and say hello to yet another GOP depression.
This election is far too important to our nation's future to hand over to the GOP. We must mobilize and get out the vote for Obama for another 4 years!
So increasing the debt by more than the big-spending predecessor you hate is plenty enough reason to vote for the guy who increased the debt more than the big-spending predecessor you hate?
This is why it is imperative that Obama gets another term.
If one of the Republican clowns running for president somehow ended up in the White House, the national debt will skyrocket exponentially as they push for more tax cuts for the rich and increased defense spending. GOP chickenhawks will then push for war against Iran, which will cost another $1 trillion. And then say goodbye to the economic recovery, and say hello to yet another GOP depression.
This election is far too important to our nation's future to hand over to the GOP. We must mobilize and get out the vote for Obama for another 4 years!
But, why are we here? Did you not listen to obama when you voted for him? By now, we shuold be debt free...right....so yea...4 more years...
Yes, basically it is Bush's fault and those who had power for the 6/8 years leading up to the financial collapse. There'd basically be just as much debt if McCain was in power too.
Perhaps you should spend more time whining about the need to have better banking regulations in place so this can't happen again.
Can't you address what obama has done? Didn't he call it unpatriotic to amass such debt when Bush was in office? Now he's done even worse...and you have nothing to say?
HIS words, HIS record, HIS promises.....can't wait.
Can't you address what obama has done? Didn't he call it unpatriotic to amass such debt when Bush was in office? Now he's done even worse...and you have nothing to say?
HIS words, HIS record, HIS promises.....can't wait.
read reply #2, and tell me again who mounded the debt, sanrene.
the national debt itself is not the problem; it can produce problem consequences, like inflation.
However those same inflationary consequences can be seen in the debt created by credit markets, that isn't counted in the "National Debt."
This financial debacle has been brewing for quite a while, it just seems nobody who is screaming about the deficit and the debt want to look farther back than 2009.
When Obama spoke about decreasing the deficit, he counted on the Bush tax cuts for people making 250K + to be allowed to expire, and both wars being over.
Neither happened.
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