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Old 08-05-2009, 08:39 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,792,921 times
Reputation: 2519

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Quote:
Originally Posted by Rhett_Butler View Post
Wayne, Michigan is in Europe???

Man they'll be interested to know that!! No wonder Wolverine fans are so rude...

FYI, Ford makes European models, the Focus being one of them....
Sorry I was wrong on that...it is a model from Europe that is built in Mexico and Michigan.
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Old 08-05-2009, 08:41 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,792,921 times
Reputation: 2519
Quote:
Originally Posted by subsound View Post
Got to love how people pick up on only the part of the article they want to see.

The debt was all in line from the Bush administration, same with the stimulus. People just want to drop it on Obama if it fails, and scream it was Bush if it succeeds. You don't get to pick how you want to manipulate past actions.
OBAMA VOTED and FULLY supported the spending....

Do you not grasp that,it isn't like he was forced into spending like a drunken sailor by the evil genius idiot Bush,he fully supported it.
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Old 08-05-2009, 08:44 AM
 
6,565 posts, read 14,250,286 times
Reputation: 3229
Quote:
Originally Posted by floridasandy View Post
you don't pile on debt when you are in debt, because more debt does not get you out of debt.

the smart thing that americans are doing, without the help of the president, is saving their money which reduces the national deficit all by itself. if that money eventually resurfaces into small business growth it will help this country out of the recession, instead of having it funneled back into the government, where it generates zero growth. government sucks money from the system and does not put money into the system. that is why government has the federal reserve printing machine ready to go!
You know what?

You could have just waved your hands and said, "I don't understand economics!!!!".

In macro-economic theory you actually DO accumulate debt in bad economic times and then pay the debt back during boom times....

-We had a boom in the 80s, Reagan chose to rack up debt anyway.

-We had a boom in the 90s, Clinton balanced the budget, though granted, he still didn't get to the point of paying back debt.

-We had a boom in the 00s, Bush chose to rack up debt anyway.

Obama inherited a bust economy and yes, according to macro-economic theory we are supposed to incur debt to get out of the recession.... The key is paying back once we actually GET out, which is something Republicans ESPECIALLY have been known NOT to do...

IF we get back to good times, we'll see what Obama does, though we know if he attempts to raise taxes and pay back debt as one should in good times that we'll hear a grotesque howling from the Right because according to them we should NEVER have to pay taxes.
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Old 08-05-2009, 08:49 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,792,921 times
Reputation: 2519
Problem with your theory is it relies on there being something to boom after the recovery.

Could you perhaps explain who is going to employ the millions upon millions of Americans currently without work?

Could you perhaps tell us all what is going to raise up the collapsed economy?

You see,if you look back you might notice for the last several decades our economy is based upon bubbles....we have run out of bubbles.

We have dug the deepest hole you can imagine and your solution seems to be keep digging.
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Old 08-05-2009, 10:16 AM
 
Location: the very edge of the continent
88,556 posts, read 44,263,959 times
Reputation: 13503
Quote:
Originally Posted by oz in SC View Post
Do you use this same philosophy on a personal level???

"Honey we aren't making enough money to buy more stuff,we will have to borrow it".
I hope that was a rhetorical question. Many people DO live that philosophy - that's why they have no problem with Obama's deficit spending orgy, beginning with the Dem-led Congress in 2008.
Bush vs Obama Deficit - washingtonpost.com
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Old 08-05-2009, 11:03 AM
 
6,565 posts, read 14,250,286 times
Reputation: 3229
Quote:
Originally Posted by oz in SC View Post
Problem with your theory is it relies on there being something to boom after the recovery.

Could you perhaps explain who is going to employ the millions upon millions of Americans currently without work?

Could you perhaps tell us all what is going to raise up the collapsed economy?

You see,if you look back you might notice for the last several decades our economy is based upon bubbles....we have run out of bubbles.

We have dug the deepest hole you can imagine and your solution seems to be keep digging.
It isn't my solution, it's basic macroeconomics. The problem is that nobody paid debt back during the boom times (doesn't matter what they were built upon really). You completely missed the point I was making.

Yes, spending during lean times and recession helps soften the blow and stimulates the economy, but at some point it has to pick up on it's own. You're asking me how THAT is going to happen. I don't know any better than you do, though I'd love to hear YOUR answers to your questions since you seem to be in the party of "Let's not do anything because the situation is hopeless....".

Either way, implying that spending and incurring debt during a recession is wrong is....... well....... wrong.
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Old 08-05-2009, 11:07 AM
 
6,565 posts, read 14,250,286 times
Reputation: 3229
Quote:
Originally Posted by InformedConsent View Post
I hope that was a rhetorical question. Many people DO live that philosophy - that's why they have no problem with Obama's deficit spending orgy, beginning with the Dem-led Congress in 2008.
Bush vs Obama Deficit - washingtonpost.com

Wow.... Just wow.....

Times are lean, borrow and maintain. Times are good, save and pay back.

Are you all truly this dense?

Again, I have a problem with the booms in which NOTHING, ZERO, ZIP, ZILCH was repaid under Reagan and W. ....

How bout that Republican philosophy of Times are bad? lower taxes. Times are good? lower taxes.

How's that been workin' as far as reducing our national debt?
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Old 08-05-2009, 02:09 PM
 
Location: the very edge of the continent
88,556 posts, read 44,263,959 times
Reputation: 13503
Quote:
Originally Posted by Rhett_Butler View Post
Wow.... Just wow.....

Times are lean, borrow and maintain. Times are good, save and pay back.

Are you all truly this dense?
No, I'm not - apparently you have no clue what MAINTAIN means. It does NOT mean to go on a spending bender a la Obama, so you probably shouldn't be throwing around the 'dense' label unless you're referring to yourself.

Again, because you seem to not grasp the concept of out-of-control, record-setting deficit spending:
Bush vs Obama Deficit - washingtonpost.com

Quote:
How bout that Republican philosophy of Times are bad? lower taxes. Times are good? lower taxes.
Actually, that would be more along the lines of Libertarian philosophy - small government and all...

Quote:
How's that been workin' as far as reducing our national debt?
If you want to reduce the national debt, Obama and the Dem Congress are NOT who you're going to want in office - they're going in the opposite direction at record-setting warp speed.


YouTube - The National Debt Road Trip
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Old 08-05-2009, 02:21 PM
 
10,545 posts, read 13,537,048 times
Reputation: 2823
Quote:
Originally Posted by compJockey View Post
4th paragraph of the linked article.
Quote:
A great deal of current deficit spending was already in the pipeline from the Bush administration and Mr. Obama, anticipating this day, said that increases have to be kept in perspective.
10 trillion was in place which Obama took and rapidly added another trillion. That seems to be in proper perspective. Bush ran a huge deficit which Obama quickly added to.

I know; "he has to to bail us out of the mess Bush left." Which parts of the Bush deficit is he cutting to pay for the trillion he added to clear the Bush mess?
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Old 08-05-2009, 03:57 PM
 
2,661 posts, read 2,893,602 times
Reputation: 366
Quote:
Originally Posted by InformedConsent View Post
No, I'm not - apparently you have no clue what MAINTAIN means. It does NOT mean to go on a spending bender a la Obama, so you probably shouldn't be throwing around the 'dense' label unless you're referring to yourself.

Again, because you seem to not grasp the concept of out-of-control, record-setting deficit spending:
Bush vs Obama Deficit - washingtonpost.com


Actually, that would be more along the lines of Libertarian philosophy - small government and all...


If you want to reduce the national debt, Obama and the Dem Congress are NOT who you're going to want in office - they're going in the opposite direction at record-setting warp speed.


YouTube - The National Debt Road Trip
Please learn where the deficit came from.
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