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#1
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O.T. CUT UP THE REPUBLICANS CREDIT CARDS
Looks like we actually had some responsible presidents on both sides, until
around about 1982 and then again around 2000. The blue chart that allows for inflation tells quite a story. http://www.brillig.com/debt_clock/faq.html Dixon |
#2
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On Sun, 07 Nov 2004 03:13:13 +0000, dixon wrote:
Looks like we actually had some responsible presidents on both sides, until around about 1982 and then again around 2000. The blue chart that allows for inflation tells quite a story. http://www.brillig.com/debt_clock/faq.html It is the Republican "free lunch". I would expect Reagan's call for a balanced budget amendment to be dusted off soon. More smoke as the debt grows. |
#3
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On Sun, 07 Nov 2004 03:13:13 GMT, "dixon"
wrote: Looks like we actually had some responsible presidents on both sides, until around about 1982 and then again around 2000. The blue chart that allows for inflation tells quite a story. http://www.brillig.com/debt_clock/faq.html Dixon Sure hope b'asskisser sees that page. Maybe he'll learn something. John H On the 'PocoLoco' out of Deale, MD, on the beautiful Chesapeake Bay! |
#4
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On Sun, 07 Nov 2004 03:16:15 -0500, thunder
wrote: On Sun, 07 Nov 2004 03:13:13 +0000, dixon wrote: Looks like we actually had some responsible presidents on both sides, until around about 1982 and then again around 2000. The blue chart that allows for inflation tells quite a story. http://www.brillig.com/debt_clock/faq.html It is the Republican "free lunch". I would expect Reagan's call for a balanced budget amendment to be dusted off soon. More smoke as the debt grows. Yeah, you'll notice, of course, that the national debt always declined during Democrat administrations. Or am I reading it wrongly? John H On the 'PocoLoco' out of Deale, MD, on the beautiful Chesapeake Bay! |
#5
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"JohnH" wrote in message ... On Sun, 07 Nov 2004 03:16:15 -0500, thunder wrote: On Sun, 07 Nov 2004 03:13:13 +0000, dixon wrote: Looks like we actually had some responsible presidents on both sides, until around about 1982 and then again around 2000. The blue chart that allows for inflation tells quite a story. http://www.brillig.com/debt_clock/faq.html It is the Republican "free lunch". I would expect Reagan's call for a balanced budget amendment to be dusted off soon. More smoke as the debt grows. Yeah, you'll notice, of course, that the national debt always declined during Democrat administrations. Or am I reading it wrongly? John H On the 'PocoLoco' out of Deale, MD, on the beautiful Chesapeake Bay! Try printing the graph out, then hold it upside down. Reagan and Bush will then look the way the righties fantasy them. Dixon |
#6
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Yeah, you'll notice, of course, that the national debt always declined
during Democrat administrations. Or am I reading it wrongly? John H Bush the Second absolutley outperformed Bill Clinton in the national debt category. Bush the Second was able to increase the debt as much in *four* years as it increased in *eight* under Clinton. Had we continued to run the surplus that prevailed when Clinton left office, the debt would have decreased. Instead we decided that wise fiscal policy involved reducing the government income via tax breaks to billionaires while increasing government outgo by rubber stamping every spending bill passed by the Republican controlled house and senate. By the way, did you know the US government has been writing bad checks since October 14? That's the day we exceeded our debt ceiling, but the administration wanted to keep that fact hidden from the public until after the election: *********** The Republican-controlled Congress put off dealing with the debt ceiling before adjourning last month, preferring not to force members to vote on the politically sensitive issue of adding to the national debt before the elections. The government hit the current debt ceiling of $7.384 trillion Oct. 14, forcing Treasury to begin a series of bookkeeping maneuvers to keep financing the government's operations. ********* Excerpted from: http://www.boston.com/business/artic...ation_pressure s_congress_to_raise_debt_ceiling/ |
#7
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"Gould 0738" wrote in message ... Yeah, you'll notice, of course, that the national debt always declined during Democrat administrations. Or am I reading it wrongly? John H Bush the Second absolutley outperformed Bill Clinton in the national debt category. Bush the Second was able to increase the debt as much in *four* years as it increased in *eight* under Clinton. Discretionary spending (aka--pork-barrel spending) was lower under Bush than it was under Clinton. The debt is a result of decreased revenue from a recession, and increased military and homeland security spending. |
#9
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The debt is a result of decreased revenue from a
recession, and increased military and homeland security spending. As well as failure to monitor cash flow and adjust the master game plan to reflect changing conditions in the economy. When Greenspan suggested a tax cut, back during the Clinton years, it was because we were running a surplus. |
#10
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"Gould 0738" wrote in message ... The debt is a result of decreased revenue from a recession, and increased military and homeland security spending. As well as failure to monitor cash flow and adjust the master game plan to reflect changing conditions in the economy. When Greenspan suggested a tax cut, back during the Clinton years, it was because we were running a surplus. If you're going to use Greenspan's remarks to validate your argument, then you also need to include Greenspan's remarks in February of this year: "I am in favor, as I've indicated in the past, of continuing the tax cuts that are in dispute at this particular stage" He does *not* favor raising taxes to lower the budget deficit. Instead, he promotes tightened spending. |
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