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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: CalculatedRisk who wrote (192722)3/23/2009 6:30:31 PM
From: i-nodeRead Replies (3) of 306849
 
>> Bush's deficits were structural. Obama's are cyclical.

You have this absolutely backwards. How have you concluded this?

No administration since FDR has faced the difficulties the Bush administration faced -- 9/11, conducting two wars simultaneously, having to spend a ton of money to secure the nation from further attack, Katrina, all balled up with a level of unwarranted political hatred by his opposition unseen since the 1800 election in this country.

Obama's budget proposes deficits as far as the eye can see that result from massive spending programs that are solely required by a socialist agenda.

How you can make such a statement as you did is beyond me. You obviously don't have a clue what you're talking about.
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