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Calif Bill Calif Bill is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
Default OT Confiscatory taxation


"wf3h" wrote in message
...
On Mar 23, 6:07 pm, "Calif Bill" wrote:
"wf3h" wrote in message

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On Mar 23, 12:21 am, "Calif Bill" wrote:





"wf3h" wrote in message


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On Mar 22, 12:49 am, "Calif Bill" wrote:


"wf3h" wrote in message


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On Mar 21, 9:52 pm, "Calif Bill" wrote:


"wf3h" wrote in message


bush was president for about 2800 days.


obama's been president for 60.


even you should be able to do the math.


republicans reagan, bush and bush have nearly bankrupted this
country.
clinton was the only president in recent history to balance the
budget.


bush starved the middle class to feed his friends at exxon. now
we're
paying the price


Clinton did not balance the budget!!! He looked like it, but even
worse
he
allowed spending to grow a lot more under his watch than it should
of.


gee whiz...how much is 'than it should have'? because bush ballooned
the budget out of control with his war in iraq, his tax cuts for the
super rich, etc.


He


was the fortunate recipient of tons of revenue from the Dot.com boom


that's called the 'economy'. it happens.


Nope, it was a financial disaster. Similar to what we have now, not as
big.
And caused by the same Fed screw ups on interest rates. Iraq cost less
in
7
years than Obama and this Congress have spent in the last 60 days.


iraq costs are estimated anywhere from 1-3 trillion dollars. and
you're saying that's irrelevant? i dont think so.


and they did not 'spend' this in the last 60 days. this will be spent
over the next year or so. that's called a 'budget'.


What are


your feelings one what that is going to do for the "Economy"?-


keynesian economics works. milton friedman's monetary policy worked to
a certain degree but the fed is out of options at this point since its
interest rate is now about zero.


**************


The Trillion is not the budget. That is separate pork.- Hide quoted
text -


to a keynesian, it's irrelevant.

****
to you it is ignorance.-


IOW you've never taken an economics course...

figures. that's why you believe the right wing lunacy

Actually I got A's in university econ classes. Tell me if government spend
in so good for us, why do you complain about the cost of the Iraq war? Why
not spend 5 trillion bucks a year in borrowed money? You may have taken an
Econ class, but you did not retain much knowledge.