The 1.3 Trillion dollar deficit is clearly the aftermath of Democratic policies and principals that include engaging in a meaningless spending while lowering the taxes hoping not to pay for it. What ruins you Breeze is actually having to pay for your maleficence in the end - a little responsibility and you scream like a baby....
To bad Corwin, just being a parrot does not work, the Democrats straightened out your messes and payed at the polls doing what was necessary not as Republicans in their own self interests - anyway the tax issue has not been resolved. The Administration has an opportunity to stick to principles and have the excess riches of the wealthy pay for the Republican war if it cares to do so than the middle class.
Too bad, Breeze, Obama's failures are not over yet. The People have clearly spoken at the polls and their overwhelming rejection of the failed and meaningless Obama administration is only beginning.
But but but... socialism has to work in the United States... I mean... it worked so well in the Soviet Union, Nazi Germany, China, North Korea, Cuba, Vietnam, ...
Breeze, the Democrats paid at the polls after running a 190 billion dollar deficit up to over 1.3 trillion dollars in 18 months. That 190 billion dollar deficit btw was on the way down from the all time high of 500 billion back in 04 (the result of the after affects of the 9/11 attacks). Once again you've managed to get the facts right while reversing the details.
The Democrats curtailed the Republican recession and are a part of the nations heritage, the Republicans cut taxes during a war they unnecessarily started and drove the nation to a 1.3 trillion yearly deficit. The outcome of the election will be interesting to follow, and perhaps some good will come of it. Don't always cry about it Mia, try and become a responsible adult for a change.
The Democrats caused what economists all over the country are now calling "The Great Recession". The outcome of the election was clear - the people rejected Obama and we are seeing the final death throes of the Democratic Party. Soon they will be gone, as forgotten as the Whig Party. Don't cry about the failure of the Democrats, Breeze. Try to be an adult for a change. Stop lying and face reality - for the Democrats, it's finally over. Their party will be as dead as disco.
Just when I last asked myself (is this guy a complete dumbshit?)... The federal deficit was at a 4 (FOUR) year low when the Democrats took over both house of Congress in 2006. Look at it now. http://www.breitbart.com/article.php?id=D8KMJBT81&show_article=1 Of course it will. All one has to do is look at 1994. Breeze, you've gone from mis-stating facts to out and out lying to simply making things up. If anyone here is crying, its you. Maybe you should take a break from the conversation and let reality set in.
Mia, no offence but I always see you guys picking and choosing economic variables you want to use to judge the administration without looking at the bigger picture. When the country is in a depression/recession you need to spend to bring it out right? You know that much?? Now, how does one go about that without increasing the fiscal deficit? Do you suggest that they should have just "let things be" so the GDP could continue to grow at -15% and unemployment could go to 35%?? Now atleast the unemployment rate is reigned in and GDP growing. I agree the results are not as good as many expected but I still think they did a fantastic job.
Corwin and his party is a joke - the 1.3 trillion dollar deficit is justly put on the Republican tab where it belongs. The Democrats passed the Health Care Reform and other legislation that will last for generations to come. The Election was a Draw in regards to power sharing and the next two years will be plenty of time for the Democrats to continue to strengthen the nation. Politics is more about the future prospects than the past and with the strengthening economy and continued support by the Democrats they will do well in the future than in conditions desired by Republicans of a nation in peril, militarism and religious fervor. .......... Mia, Try becoming an adult, your adolescence and the parakeet just have nothing to contribute of any substance.
The 1.3 Trillion dollar deficit? That's pretty much all Obama. Democrats "inherited" the smallest deficit since the Sept 11th attacks and years that followed. When Obama took office the deficit was around 160 Billion Dollars. Please cite a source that shows the deficit of 1.3 TRILLION dollars existed prior to Obama's administration. The two highest record breaking deficits in our nation's history occurred during the last two years of Obama's administration. More than a trillion of which can be attributed to health care alone. If you are going to be a complete fucktard, at least have the decency to give us all an actual source for your outlandish claims.
Mia: Just your language shows your inability to cope with the truth. The Republicans drove our nation into the ground and the 1.3 trillion down-payment is just the beginning cost for correcting their malfeasance. The Democrats balanced the budget and were paying down the deficit when the Bush Administration began with both houses in Republican control that led to the largest recession since the Great Depression. ............... Now start your bad language Mia as it is your juvenile response to reality and the signature of your maturity.
Um, yeah - it was proven long ago that the stimulus artificially inflated these numbers. It only looks good on paper. Pot, Kettle, BLACK!!! The Democrats drove our nation into the ground and the 1.3 trillion down-payment is just the beginning cost for correcting their malfeasance. HAHAHAHAHAHAHAHAHAHAAAAA!!! Seriously, Breeze - you do for bullshit what Stonehenge did for rocks!
How do you define "artificially"? Increase in GDP means that there was more production and more income was being generated in the economy, Obviously everyone one knows that its was a direct result of the stimulus and that is what it was aimed to do. Now whether it will have a short-term effect or long-term, only time will tell. We are not in a position to judge that, yet.
Er..those are tried and tested ways of stimulating demand and promoting investment for the long term. By that logic all the growth in last few centuries was "artificial" because all the money supply we have now is either printed money or a credit money created as a result of low interest rates.
Printing money and lowering interest rates accomplishes: Higher Gas Prices Higher Food Prices Higher Service Costs Higher overall Goods Costs Lowered investment Lowered returns on investment What it does NOT accomplish is stimulating growth. The artificial manipulation of the money supply and interest rates creates false faith and a devalued dollar. That all equates to lowered revenues for the federal government and higher costs for the people who produces those revenues. The only true way to promote growth or stimulus is to cut taxes and cut spending while allowing the rate of inflation and interest rates to share a similar path on their own.