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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Paul V. who wrote (114315)9/30/2011 5:30:40 PM
From: grusum3 Recommendations  Read Replies (2) of 224648
 
I agree with your predictions regardless who is president.

we can reverse the trend, no matter who is president with super majorities of conservatives in the house and senate. but it will be a lot easier with a conservative president.

We continue to have economic problems ever since (1) the financial melt-down,

which was started by greenspan's artificially low interest rates, also known as cheap money.

2) lower taxes,

effective tax rates were higher. it's a liberal myth that taxes were lower.

3) reduced regulations on the financial institution,

if the government insures financial institutions with tax payer money, they need to be regulated. but they never should have been insured in the first place. if tax payers weren't on the hook, there'd be no need for federal regulation.

4) bank defaults, (5) house defaults

both were caused by cheap money at the hands of the FED.

6) two wars off budget,

wars are just about the only things that can be justified to be 'off budget'. that's one good reason we need to be very reluctant to enter them.

7) increased US debit,

way too much government spending.

8) reduced social security payments to recipients caused by increased medicare cost,

how does reduced social security payments cause economic problems?

9) increased inflation.

due to a weakened economy caused by creeping socialism. (which is caused by socialist creeps)

---

I wish there was a solution!!

there is. it's called free market capitalism. we need to return to it.

Hopefully, the Congress Super Committee of 12

an unconstitutional breach of power.

can come up with a balance and solution.

they can't. not one them on either side understand basic economics.
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