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09-04-2013, 07:10 PM
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Location: The West
349 posts, read 410,697 times
Reputation: 182
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I've been wondering about this. What reckless spending has caused the high rates of poverty and unemployment in America?
People say it's because Obama is "Cleaning up" George's mess.
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09-04-2013, 07:12 PM
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Location: SF Bay Area
12,287 posts, read 9,448,296 times
Reputation: 6507
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At this point Obama is trying to clean up his own mess.
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09-04-2013, 07:15 PM
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11,086 posts, read 8,246,349 times
Reputation: 6390
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The 20-something O voters will be paying for this all their lives.
Too bad, so sad.
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09-04-2013, 07:23 PM
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Location: Pine Grove,AL
28,434 posts, read 15,290,988 times
Reputation: 5644
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This thread is hilarious. 1 OP+2 post and none of you have actually explained what part of HIS spending added to the debt.
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09-04-2013, 07:23 PM
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Location: Limbo
6,514 posts, read 7,283,406 times
Reputation: 6317
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Quote:
Originally Posted by Goinback2011
The 20-something O voters will be paying for this all their lives.
Too bad, so sad.
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I think I would be paying for past mistakes no matter what. |
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09-04-2013, 07:27 PM
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Location: Pacific NW
9,433 posts, read 7,086,150 times
Reputation: 7977
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Quote:
Originally Posted by MyronHarpoons
People say it's because Obama is "Cleaning up" George's mess.
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Some people lie. According to them Bush spending $1 in 8 years is bad, Obama spending $3 in 2 years is good. |
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09-04-2013, 07:31 PM
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69,366 posts, read 62,327,958 times
Reputation: 9382
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Quote:
Originally Posted by MyronHarpoons
I've been wondering about this. What reckless spending has caused the high rates of poverty and unemployment in America?
People say it's because Obama is "Cleaning up" George's mess.
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We can begin with the stimulus bill, which is expected to cost $3.2 TRILLION over a 10 year period.. |
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09-04-2013, 07:45 PM
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48,504 posts, read 94,468,672 times
Reputation: 18277
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Because even with rising taxes we have not come to gripes with fact that you cannot spend more than you take in. Britain;and euro zone members have learned this the hard way plus some that raising taxes is not going to solve the problem. It leads to destruction of means of production and growth in the economy.Too few can not support to many in the end which is what is happening in many countries;dependence. rather than contribution.
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09-04-2013, 07:45 PM
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Location: M I N N E S O T A
14,868 posts, read 20,764,155 times
Reputation: 9254
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Because it has been since the 18th century
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09-04-2013, 07:57 PM
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Location: Barrington
63,944 posts, read 44,870,736 times
Reputation: 20653
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There has been only one year in U.S. history where the U.S. was debt free, 1835.
In recent times the 2 most significant spends have been Medicare/Medicaid and Defense.
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