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#1
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posted to rec.boats
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On Sep 2, 5:45*pm, Keith Nuttle wrote:
NotNow wrote: Vic Smith wrote: On Wed, 02 Sep 2009 08:44:09 -0400, NotNow wrote: So recent history has no bearing on what's happening today? Never said that. *But the history that counts starts today. Cool! Guess that means I don't have to pay my car payment because I didn't buy the car today? Your thinking is flawed. What has happened in the past DOES have a bearing on today. We're still spending money in Iraq, for instance. Until recently we were paying a tax on our telephone whose original purpose had long since passed. *History does count. Unfortunately there are those that would rather repeat the mistakes of the past than learn from history. *Consider the lessons from the thirties that are being ignored. The democrats tried to spend the country out of the depression. *It took twenty years and two wars before the country was able to extract is self from that spending spree. *Yet what is obama doing today? *Adding two trillion dollars to the deficit to *get the country out of what he considers a depression. How many years and wars will it take the US to get out of obama's fiasco? he's implementing good economics that the republicans themselves tried to get started last year. you don't know much about economics, do you? |
#2
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posted to rec.boats
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wf3h wrote:
On Sep 2, 5:45 pm, Keith Nuttle wrote: NotNow wrote: Vic Smith wrote: On Wed, 02 Sep 2009 08:44:09 -0400, NotNow wrote: So recent history has no bearing on what's happening today? Never said that. But the history that counts starts today. Cool! Guess that means I don't have to pay my car payment because I didn't buy the car today? Your thinking is flawed. What has happened in the past DOES have a bearing on today. We're still spending money in Iraq, for instance. Until recently we were paying a tax on our telephone whose original purpose had long since passed. History does count. Unfortunately there are those that would rather repeat the mistakes of the past than learn from history. Consider the lessons from the thirties that are being ignored. The democrats tried to spend the country out of the depression. It took twenty years and two wars before the country was able to extract is self from that spending spree. Yet what is obama doing today? Adding two trillion dollars to the deficit to get the country out of what he considers a depression. How many years and wars will it take the US to get out of obama's fiasco? he's implementing good economics that the republicans themselves tried to get started last year. you don't know much about economics, do you? What "good ecomonics" is Obama implementing? You do understand that the government does not create wealth. Ask the USSR, oops can't do that can you they went bankrupt. China understands it because they have private businesses. |
#3
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posted to rec.boats
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On Sep 3, 9:04*am, BAR wrote:
wf3h wrote: he's implementing good economics that the republicans themselves tried to get started last year. *you don't know much about economics, do you? What "good ecomonics" is Obama implementing? high govt spending to make up for lack of consumer demand. You do understand that the government does not create wealth. nor has the free market in the last year. in fact the free market DESTROYED wealth. you just seem to want to ignore the data. Ask the USSR, oops can't do that can you they went bankrupt. China understands it because they have private businesses.- china's economy grew faster than ours did last year. you were saying about how the rich help the middle class? |
#4
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posted to rec.boats
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wf3h wrote:
On Sep 3, 9:04 am, BAR wrote: wf3h wrote: he's implementing good economics that the republicans themselves tried to get started last year. you don't know much about economics, do you? What "good ecomonics" is Obama implementing? high govt spending to make up for lack of consumer demand. Where does the government get its money? From a magic bag in Fort Knox? You do understand that the government does not create wealth. nor has the free market in the last year. in fact the free market DESTROYED wealth. you just seem to want to ignore the data. What the free market gives the free market takes. It is called a cycle. Ask the USSR, oops can't do that can you they went bankrupt. China understands it because they have private businesses.- china's economy grew faster than ours did last year. you were saying about how the rich help the middle class? You missed the point completely. |
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