LTRsubNW
Posts: 1604
Joined: 5/6/2006 Status: offline
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quote:
ORIGINAL: popeye1250 quote:
ORIGINAL: Sinergy quote:
ORIGINAL: Archer And I sinply don't buy the ballance the budget cries from the Democrats who had 50 years controling the house and never wanted to do it until now. Yeah. Those bastards Clinton and Gore equalized the budget deficit, and were well on their way to balancing the budget. (Then please explain why the actual deficit went up 1.1 trillion during Clintons reign?) All this while building a military that could be used by a criminally incompetent commander in chief to invade sovereign nations overseas with a minimum of muss and fuss and death on our side. Balancing the budget becomes a problem when an entity has borrowed money that has to be paid back. (See above). In order to fund his war and his tax cuts, Bush simply borrows money from the Chinese and prints more to pay it back. The down side of this for you and I is the money we earn working for a living is now worth less. The word for that is "inflation." In fact, not only is inflation lower than during Clinton, but wages are, in real (as in "inflation adjusted") dollars, up 1.7%. What is odd about the rest of the post is the fact that the Reagan and Monkeyboy eras showed the most rampant deficit spending in our countries history (actually, that's not even remotely true. During both Roosevelt, but more specifically, Trumans tenure, the deficit was in excess of 200% of our gross national product {i.e., a measure of everything we produce} while the deficit currently is less than 7% of same). Now I would listen to the nonsense spewed by some people about the Democrats being profligate spenders, but with a Republican president and both houses controlled by Republicans, our government has succeeded in doubling the national debt and are well on their way to tripling it. (True). I have to agree with the poster who stated that some people will believe anything regardless of the empirical evidence to the contrary. Indeed, hence my notes above. Just me, etc. (Equally true...caveat emptor as they say). Sinergy A "Sovereign Nation?" Well, Saddam was "Elected" by 100% to 0% now, wasn't he? If I recall...Hitler had something approximating 100% of the vote as well. And your point?
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