On Thu, 22 Jul 2010 18:41:42 -0700, "Califbill"
wrote:



"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill"
wrote:




gee. that biggest spenders in history are conservatives.


Maybe previously, but the liberals in charge have spent more in the last
18
months than almost all the conservatives combined.

you DO realize that the spending in the first year of obama's
govt...was determined by george bush...bush raised the deficit to 9%
of GDP.

so, again, you give us proof of your racism


And Obama has raised it to about 18%.

well no. it's still running about 9 oir 10%. bush increased it by
300%. obama by about 10%.

but bush is white, you see...

We are borrowing about 40 cents of
every dollar of spending. How long you think that can go on.

tell you what

stop spending that 40 cents. what do you think is gonna happen to the
economy? consumers cant afford to spend because they've been raped by
the rich for the past 30 years. so where's the money?


We will big
in the same boat as the PIIGS. Obama asked all of Europe at the G20 to
deficit spend our way out of the recession. HE WAS TURNED DOWN.

gee. ireland didnt spend. they cut govt spending. their economy is now
in a tailspin

how's that working out?

We have
about 107 Trillion in unfunded mandates. Mostly SS, and Medicare and other
government retirement stuff. What is that 10x the GDP? Historically the
Fed has gotten about 18% of the GDP in revenue. No matter what the tax
rates. It is projected by a couple economists that by 2024 the average
worker will have to pay 62% of their wages to the Feds. How many will work
at the rate? How many will decide they can go on the dole and do about the
same?

gee. too bad wall street has raped the middle class, leaving us no
money at all, isnt it?