corysub -> RE: Official: Obama plans to slash deficit in half (2/23/2009 1:25:19 PM)
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ORIGINAL: jlf1961 Look at all the Monday morning quarter backs and coaches.... If anyone of em has a degree in economics...... Look, for the last eight years people making 6 digit incomes have had more tax breaks than they deserve. Tax breaks to encourage investments, which did nothing for investing, just look at where wall street is. Bush's economic policy was a revamp of Reaganomics, which really did a lot of good for people who made their money out of FINDING oil. It was so good for them that 80% of the drilling companies in Abilene went belly up. Reagan put a cap on 'old oil' meaning any well drilled in an existing field that produced oil had a price cap place on each barrel. Yep Reaganomics really worked.... Then comes Bush who gets in an UNJUSTIFIED war in Iraq, and every time one of his reasons was proven to be false, he came up with a new one.... that little war is costing the US tax payers billions each month, for what? All we are succeeding in doing is getting US troops killed for zero gain. (can we say VIETNAM PART II?) Tax breaks on six digit incomes? Bush did great with that one, of course, all of the bush crowd CAME FROM PEOPLE MAKING 6 AND 7 DIGIT INCOMES. And now you people want to blast Obama? He at least is trying to clean up a mess he inherited from Bush. Now instead of armchair quarter backing his plans, how bout shutting up and see if he can actually pull it off. God knows that no one else has come out and said "Tax the wealthy." But then the Republican ideas have always been, "Tax the lower and middle classes." And by the way, please remember that Bush is responsible for the frigging patriot acts, among other things that have been proven UNCONSTITUTIONAL. Gosh...when I feel like you I take an Ambian and it really helps ... a lot! I kinda thought this was a thread about Obama plans to slash the deficit in half..etc etc.. and all I see is the same old drone comments about the six figure income guys got all the tax breaks...an UNJUSTIFIED (your caps not mine) war in Iraq..same old, same old,..please come up with something new..and where is Murtha hiding these days btw, You hardly missed one of the Huffington Posts slams against Bush, including the ever popular..criminal Patriot Act!...and if Bush only was a replay of Reganomics.."your lips to Gods ears"..but that too late now...Bush fucked up..the republican party fucked up...and now, to make it right...we have the democrat party fucking up, and a President who is so far over his head he can't seem to stay in the White House more than two days at a time. We have a "presidency of "Photo Opportunities".. And on top of all this other nonsense spouted from the rooftop, it seems to me, you want people who disagree with Barack to "shut up"...tell me..you can't be that thin skinned in real life ..are you? that words of text drive you to irrational hyperbola and threats against another guy chatting here? Or are you unable to hold a discussion and kick around ideas and see if we can learn from one another. The ultra radical liberals would not shut up for 8 years attacking Bush 24/7, right down to some guy rehashing 9/11 here and the fact that Bush kept calm and finished his story with six year old kids!! These brutal personal attacks, including saying the war in Iraq was lost two years ago with our warriors in the field fighting for our country...fuck the soldiers in the field "the war is lost", said Harry Reid, and the House led by that idiot Pelosi voted to leave Iraq in 2008! Really great for morale.. http://www.msnbc.msn.com/id/18227928/ I attack the idiocy of Barack's Stimulus..pardon me, Pelosi's stimulus, but never him personally. I'm sure he is a nice guy and obviously a loving dad. Sorry..but I'm not going to SHUT UP, nor am I going to attack you personally as you did here..only idiotic ideas...and if you can't think of anything to say that makes sense just ignore my comments and finish your tofu. As far as having a degree in economics, you have no clue not only about the real world but also my background. Please elaborate on the "monday morning quarterbacks" comments and where you might disagree, should you have something to say. As a well-known economist said..."Consider the "widows curse" theory named after an old wives tale. You might think that raising wages would reduce the demand for labor, but some early Keynsians argued that redisstributing income from profits to labor would raise consumption demand, because workers save less than capitalists. (actually they don't, but that's another story), and therefore increase output and employment. Such pardoxes are still fun to contemplate, they still appear in freshman economics textbooks." P. Krugman..The Accidental Theorist ..... one of your hero's? Do you think he would be a "Nobel" prize winning economist if he wasn't attacking Bush over the past eight years. The man hasn't been right yet!.. but, hey, I'm just Monday morning quarterbacking a Nobel Laureate! What the fuck do I know?
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