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Originally Posted by Guest
But he cut/decreased the deficit!!! 
Gotta love it when they talk about decreasing the deficit like that is a great thing. Balancing the budget would be better, but that won't ever happen in our lifetime again. Too many folks will panic and riot in the streets if they don't get their Obama phones and two years of unemployment benefits. And how about that health care? Free for everyone. We want everyone to live to be 100 so that they can take advantage of that great Social Security. What? No more Social Security? Raise the age to 80 and maybe we can stretch it out a bit. At least until I croak.
Yep, Obama brags about decreasing the deficit. What a dud! So, he decreased the amount of money that was spent that was more than the money coming in. So, that means we still have to borrow money, but not as much as first imagined. Whoopity - dooo! We're saved. Get back to me when you have more revenues coming in than being spent. Then tell me when you start paying down the national debt. Because you can't pay down on the national debt when you still have a deficit.
Don't get me wrong, I do realize that NO president since Eisenhower has paid down on the national debt. But, Obama felt he had to make history and double down on the national debt, all in his two terms. He has made history. He will go down in the books as the president that spent more than any other president in history. His answer is to blame Bush, like Obama got drafted for the presidency of something. Hey, after all we did have the "great recession" ha, ha. Of course, we have had recessions before, and depressions. Too bad he couldn't learn from them and get us back up and running as fast as the previous presidents that had to deal with recessions and depressions.
Hey, let's elect Hilary. She wants to give everybody a free lunch too. That means the economy will stay stagnant for another term or two. Hopefully, we won't become a third world socialist/communist country in that time.
Some folks have their head so far in the sand that they don't understand what socialism will mean to America. One good thing, if that, is that no one will be sneaking across our borders. Wonder if we will be able to get foreign aid from Russia. |
The assumption that you are making is that all recession are the same. The makeup of the economy now isn't the same as it was in the 70's and 80's. Production jobs have left the US in great numbers. Automation has taken away jobs also. Demand for products is different. The depth of the recession wasn't the same as it was in the past. You are not comparing apples and apples. what worked before doesn't work now.
Reagan walked into the presidency during a recession, and didn't do a damn thing in his first two years to correct it. The recession corrected itself. Any company that was flirting with bankruptcy went out of business during these two years.
World War II got us out of the Great Depression. You have full employment in times of war.
This talk about the US becoming a socialist country is total nonsense. We have social programs now, that doesn't mean we a socialist country. With all the lobbyists representing big business in Washington, how in the name of God's creation will the US become a socialist country? Socialism sounds like a swear word so the Republican politicians will keep throwing it out there to scare the uninformed public.
If you can't dazzle with brilliance, baffle them with bull$hit.