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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (115410)9/1/2008 5:18:17 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
>>He reduced the growth rate.

However, that has been my point. That's all we really need to get back to surpluses over time.<<

but even newt couldn't balance the budget... and yes, i believe the idea the budget was balanced in the late 90s was smoke and mirrors as illustrated in this link:

letxa.com

when the debt increases in a year, by definition, the budget isn't balanced for that year.

newt didn't do it. clinton didn't do it. and they both had the biggest bubble in the history of planet earth (perhaps surpassed by the follow up housing bubble) to help them get it done and they still failed.

without the bubble, neither would have been close.

the truth is we are a nation of thieves... and those we find easiest to steal from are our very own descendants.

oh, and since the republicans blew it big time during their 8 years in office, you can expect to see socialistic, uber spending, uber government democrats in office (you'll long for a "conservative" democrat like clinton before the bushevic fall out is complete) for the foreseeable future.

you don't hear obama talk about welfare reform like clinton did... nope, obama talks about expanding welfare right up into the middle and middle upper classes.



To: Freedom Fighter who wrote (115410)9/1/2008 9:24:57 PM
From: GuinnessGuy  Respond to of 132070
 
Wayne,

you wrote-
"The longer term problems are the medicare and SS promises. If we keep them, the growth rate of government is going to explode. Those were mistakes made decades ago by government expansionists that don't understand economics at all and that wanted to get elected."

Speaking of medical care...what difference does it make if we, in the United States, spend 16% of our GDP on healthcare versus a UK or Canadian model where they spend about half of that but it is funded by taxes? You seem to be horrified by any government spending with the implied reasoning that it is always evil or otherwise inefficient. It's all money and I don't see that the relatively huge amounts spent by americans on healthcare are actually making any of us any healthier.

If we could cut our healthcare costs in half by going to a UK or Canadian(or Japanese for that matter) system, wouldn't that be better?

craig