>> In other words, you don't really know.
I thought my response to your question was pretty clear. The man has accomplished NOTHING of significance during his first 3.5 years. One could argue that Obamacare was significant except that (a) he had nothing to do with creating the legislation, other than signing what Reid told him to sign, and (b) it is likely to be thrown out by the Court [hopefully] before the term is over. And, of course, the legislation fails to accomplish the stated goal, which was to control costs -- in fact, the result is a massive increase in costs by virtue of making something close to 30 million additional people reliant on government for their health care.
>> He is very competent in foreign affairs. Or, more likely, has some excellent advisers
I respect the fact that your opinion differs from mine. But you've shown here for years that you don't know shit from shinola about the subject.
>> Oh, nonsense. He has had to deal with the mess that Smirk left behind. A major tax cut, two wars and Medicare D on the credit card account for the bulk. When the economy cratered due to Bush, the decline in receipts made it worse, I grant you.
Yeah, the "Blame Bush" defense. That's really going over well with the voters (I noticed Goolsby this morning had backed off of the blame Bush defense; probably because the administration realizes it isn't polling well for them).
>> Wrong. As we are seeing, austerity when the economy is weak makes it even weaker, every time. Granted, debt needs to be paid down, but that is done when the economy is doing well, tax cuts during those times only leads to more debt and runs the risk of inflation. Which was setting in before the collapse.
Keynesianism is dead. It has been exposed for what it is -- unworkable. Who knows, it MIGHT work if what you cited above had ever been tried. But governments which have tried it have all failed on the critical part of the program -- paying down debt when you can. The nature of government is that it never pays down debt.
The debt destroys the entire economy when you have revolutionary change (in this case, the Internet over the last 15 years). Because when you're neck-deep in debt, you cannot withstand difficult economic circumstances. |
