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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (62609)4/7/2009 11:32:42 AM
From: JakeStraw3 Recommendations  Read Replies (2) | Respond to of 224708
 
So that makes it right Kenneth?

We should learn from past mistakes and not repeat and compound them as this administration seems hell bent on doing.



To: Kenneth E. Phillipps who wrote (62609)4/7/2009 12:23:24 PM
From: DizzyG6 Recommendations  Respond to of 224708
 
Alas, Kenneth...

The difference is that you complained incessantly about the previous administration's spending spree. Yet you have said absolutely NOTHING about the current administration's spending.

Let's take a look, shall we:

President Obama has framed his budget as a break from the "failed policies" of the Bush Admin­istration. Actually, his budget doubles down on President George W. Bush's borrow, spend, and bail­out policies. For example:

* President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.[3]
* President Bush began a string of expensive finan­cial bailouts. President Obama is accelerating that course.[4]
* President Bush created a Medicare drug entitle­ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern­ment health care fund.
* President Bush increased federal education spending 58 percent faster than inflation. Presi­dent Obama would double it.[5]
* President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in­creased this spending by 20 percent.[6]
* President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.[7]

President Bush ran budget deficits averaging $300 billion annually. After harshly criticizing Bush's budget deficits, President Obama pro­posed a budget that would run deficits averaging $600 billion even after the economy recovers and the troops return home from Iraq.

heritage.org

You are such a hypocrite. LOL!

Diz-



To: Kenneth E. Phillipps who wrote (62609)4/7/2009 12:27:20 PM
From: DizzyG3 Recommendations  Read Replies (1) | Respond to of 224708
 
And we are supposed to believe that Obama's teleprompter is going to change this, Kenneth?

Straight from O's mouth:

Plan for Restoring Fiscal Discipline
The Problem

Increasing Debt: Under President Bush, the federal debt has increased from $5.7 trillion to $8.8 trillion, an increase of more than 50 percent.

Irresponsible Tax Cuts: President Bush's policies of giving tax breaks for the wealthy will cost the nation over $2.3 trillion by the time they expire in 2009.

Barack Obama and Joe Biden's Plan
Restore Fiscal Discipline to Washington

* Reinstate PAYGO Rules: Obama and Biden believe that a critical step in restoring fiscal discipline is enforcing pay-as-you-go (PAYGO) budgeting rules which require new spending commitments or tax changes to be paid for by cuts to other programs or new revenue.
* Reverse Bush Tax Cuts for the Wealthy: Obama and Biden will protect tax cuts for poor and middle class families, but they will reverse most of the Bush tax cuts for the wealthiest taxpayers.
* Cut Pork Barrel Spending: Obama introduced and passed bipartisan legislation that would require more disclosure and transparency for special-interest earmarks. Obama and Biden believe that spending that cannot withstand public scrutiny cannot be justified. Obama and Biden will slash earmarks to no greater than year 1994 levels and ensure all spending decisions are open to the public.
* Make Government Spending More Accountable and Efficient: Obama and Biden will ensure that federal contracts over $25,000 are competitively bid. Obama and Biden will also increase the efficiency of government programs through better use of technology, stronger management that demands accountability and by leveraging the government's high-volume purchasing power to get lower prices.
* End Wasteful Government Spending: Obama and Biden will stop funding wasteful, obsolete federal government programs that make no financial sense. Obama and Biden have called for an end to subsidies for oil and gas companies that are enjoying record profits, as well as the elimination of subsidies to the private student loan industry which has repeatedly used unethical business practices. Obama and Biden will also tackle wasteful spending in the Medicare program.

Make the Tax System More Fair and Efficient

* End Tax Haven Abuse: Building on his bipartisan work in the Senate, Obama will give the Treasury Department the tools it needs to stop the abuse of tax shelters and offshore tax havens and help close the $350 billion tax gap between taxes owed and taxes paid.
* Close Special Interest Corporate Loopholes: Obama and Biden will level the playing field for all businesses by eliminating special-interest loopholes and deductions, such as those for the oil and gas industry.

Barack Obama and Joe Biden's Record

* PAYGO: Obama voted in 2005, 2006, and 2007 to reinstate pay-as-you-go (PAYGO) federal budget rules.
* No-Bid Contracts: Obama has introduced and helped pass bipartisan legislation to limit the abuse of no-bid federal contracts.
* Against Raising the Federal Debt Limit: In 2006, Obama voted against misguided Republican efforts to raise the statutory debt limit at the same time the Republicans were pushing through massive debt-financed tax cuts for the wealthy.

barackobama.com

Much like you, Kenneth, Obama's teleprompter is talking out of both sides of his mouth.

You are such a DNC parrot. LOL!

Diz-




To: Kenneth E. Phillipps who wrote (62609)4/7/2009 7:34:45 PM
From: tonto2 Recommendations  Read Replies (1) | Respond to of 224708
 
Kenneth, you are right. The liberal spending policies are destroying our economy.