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"Eisboch" wrote in message
... "nom=de=plume" wrote in message ... FYI, the economy grew 6% in the last quarter... the best in SIX years! Here's the bad news: http://finance.yahoo.com/news/Formul...41311.html?x=0 Eisboch It's never going to be all good news or all bad news. Exports and the falling dollar are a good example. Jobs are created, but a continually falling dollar wouldn't be good. -- Nom=de=Plume |
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... On Sun, 31 Jan 2010 16:04:32 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. You're just wrong. That's when all of the problems started. He borrowed heavily, and even he was disappointed by the result. Make up your mind, are you talking about deficit spending or deregulation, again two different things. BTW Reagan's 8 year debt increase of around $2T (about the same as Clinton's 8 year number) will be beat by Obama in far less than two. Before you say it, GW hit it out of the park too. Never said they were the same. Deficit spending is needed sometimes. Regulation is needed in the financial system for sure. -- Nom=de=Plume |
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"I am Tosk" wrote in message
... In article , says... On Sun, 31 Jan 2010 10:27:02 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. Pffff, that's why few here bother with the woman. She is about as serious about honest debate as WF3H or WAFA..! Ha... Scotty Pffff.. that's why you're a lonely guy... "the woman"? We're not that rare. Get a life. -- Nom=de=Plume |
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nom=de=plume wrote:
wrote in message m... wrote in message ... wrote in message ... On Sun, 31 Jan 2010 10:27:02 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. You're just wrong. That's when all of the problems started. He borrowed heavily, and even he was disappointed by the result. -- Nom=de=Plume The national debt story. http://www.craigsteiner.us/articles/16 Look at the increase in revenues during those years. http://www.gpoaccess.gov/usbudget/fy...s/hist15z1.xls Reagan wasn't in office by then... FYI, the economy grew 6% in the last quarter... the best in SIX years! Statistical spin. When you hit rock bottom, and upward movement is statistically huge. |
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... On Mon, 1 Feb 2010 10:27:25 -0800, "nom=de=plume" wrote: Never said they were the same. Deficit spending is needed sometimes. Regulation is needed in the financial system for sure. I think you need to be looking toward a time when we will be getting the deficit under control and I don't see that in my lifetime. If you look at where the deregulation of the financial system got started you will see it was during the Clinton and Bush II administrations. The deficit or the debt? I think the deficit will improve, but probably never be gone completely. That's not a terrible thing. The debt will likely always be around, but can be slowed. Deregulation certainly continued with Reagan. http://en.wikipedia.org/wiki/Reaganomics -- Nom=de=Plume |
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"nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... wrote in message ... On Sun, 31 Jan 2010 10:27:02 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. You're just wrong. That's when all of the problems started. He borrowed heavily, and even he was disappointed by the result. -- Nom=de=Plume The national debt story. http://www.craigsteiner.us/articles/16 Look at the increase in revenues during those years. http://www.gpoaccess.gov/usbudget/fy...s/hist15z1.xls Reagan wasn't in office by then... FYI, the economy grew 6% in the last quarter... the best in SIX years! -- Nom=de=Plume Where did it grow? Any part not shifted from the future, via tax credits? Do your own reading... http://money.cnn.com/2010/01/29/news.../gdp/index.htm -- Nom=de=Plume Explain how the GDP did real growth. |
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"CalifBill" wrote in message
... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... wrote in message ... On Sun, 31 Jan 2010 10:27:02 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. You're just wrong. That's when all of the problems started. He borrowed heavily, and even he was disappointed by the result. -- Nom=de=Plume The national debt story. http://www.craigsteiner.us/articles/16 Look at the increase in revenues during those years. http://www.gpoaccess.gov/usbudget/fy...s/hist15z1.xls Reagan wasn't in office by then... FYI, the economy grew 6% in the last quarter... the best in SIX years! -- Nom=de=Plume Where did it grow? Any part not shifted from the future, via tax credits? Do your own reading... http://money.cnn.com/2010/01/29/news.../gdp/index.htm -- Nom=de=Plume Explain how the GDP did real growth. So, basically, you're an idiot. -- Nom=de=Plume |
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... On Mon, 1 Feb 2010 20:11:25 -0800, "nom=de=plume" wrote: wrote in message . .. On Mon, 1 Feb 2010 10:27:25 -0800, "nom=de=plume" wrote: Never said they were the same. Deficit spending is needed sometimes. Regulation is needed in the financial system for sure. I think you need to be looking toward a time when we will be getting the deficit under control and I don't see that in my lifetime. If you look at where the deregulation of the financial system got started you will see it was during the Clinton and Bush II administrations. The deficit or the debt? I think the deficit will improve, but probably never be gone completely. That's not a terrible thing. The debt will likely always be around, but can be slowed. The deficit is just what we are adding to the debt. They are not the same thing but they are definitely related. The real problem is we don't really have any way to attack the deficit because of entitlements. Even when the economy was booming, Social Security was going to be upside down in 2017, now it will be more like 2016 or even 2015 because more people are taking it at 62 and not making as much money before they do retire. The whole idea of "cashing in the bonds" is ludicrous. That is just more government borrowing that will show up on the deficit. The actual money they collected is long gone. Add to that Medicare that is already declining and will be upside down in a year or two and you see how much trouble we are in.. Deregulation certainly continued with Reagan. http://en.wikipedia.org/wiki/Reaganomics There was really no major deregulation of the financial industry there. The 1986 tax changes actually limited a lot of the silly things the financial guys were doing because it closed a lot of the tax loop holes. I know I have a real; estate partnership that was giving me about $5,000 a year in write offs and still giving me a couple thousand a year. The 86 tax bill made all of those write offs go away. I still have it but it is not that sweet a deal. They offered to buy me out awhile ago for some paltrily sum and I declined. Now I am in business with Carl Ichan. I own a tiny piece of Trump's casinos now. ;-) They send be several hundred every quarter as a dividend. The deficit _might_ be part of the debt, but not necessarily. Your numbers for Medicare are way off. Look again... lots of deregulation took place under Reagan. He promoted it, pushed it. Ugg... Trump. :) -- Nom=de=Plume |
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On Feb 2, 1:41*am, "nom=de=plume" wrote:
wrote in message ... On Mon, 1 Feb 2010 20:11:25 -0800, "nom=de=plume" wrote: wrote in message . .. On Mon, 1 Feb 2010 10:27:25 -0800, "nom=de=plume" wrote: Never said they were the same. Deficit spending is needed sometimes. Regulation is needed in the financial system for sure. I think you need to be looking toward a time when we will be getting the deficit under control and I don't see that in my lifetime. If you look at where the deregulation of the financial system got started you will see it was during the Clinton and Bush II administrations. The deficit or the debt? I think the deficit will improve, but probably never be gone completely. That's not a terrible thing. The debt will likely always be around, but can be slowed. The deficit is just what we are adding to the debt. They are not the same thing but they are definitely related. The real problem is we don't really have any way to attack the deficit because of entitlements. Even when the economy was booming, Social Security *was going to be upside down in 2017, now it will be more like *2016 or even 2015 because more people are taking it at 62 and not making as much money before they do retire. The whole idea of "cashing in the bonds" is ludicrous. That is just more government borrowing that will show up on the deficit. The actual money they collected is long gone. Add to that Medicare that is already declining and will be upside down in a year or two and you see how much trouble we are in.. Deregulation certainly continued with Reagan. http://en.wikipedia.org/wiki/Reaganomics There was really no major deregulation of the financial industry there. The 1986 tax changes actually limited a lot of the silly things the financial guys were doing because it closed a lot of the tax loop holes. I know I have a real; estate partnership that was giving me about $5,000 a year in write offs and still giving me a couple thousand a year. The 86 tax bill made all of those write offs go away. I still have it but it is not that sweet a deal. They offered to buy me out awhile ago for some paltrily sum and I declined. Now I am in business with Carl Ichan. I own a tiny piece of Trump's casinos now. ;-) They send be several hundred every quarter as a dividend. The deficit _might_ be part of the debt, but not necessarily. Your numbers for Medicare are way off. Look again... lots of deregulation took place under Reagan. He promoted it, pushed it. Ugg... Trump. :) -- Nom=de=Plume "So, basically, you're an idiot." -- "Nom=de=Plume" |
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