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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (490137)6/23/2009 2:06:11 PM
From: i-node  Read Replies (1) | Respond to of 1572377
 
>> when TARP saved the country it was all Bush, now when it's deficit it's half Obama?

My recollection is that there was $350B spent by Bush and $350 by Obama. Isn't that about right?

>> Tell me that SS and Medicare do not lower the reported deficit number. Go ahead...

Depends on whether you're looking at it correctly (accrual method) or on the basis the government reports (cash method).

>> SS you make some slight adjustments. Medicare is tough...

They aren't slight. They're 12 Trillion dollars, cumulatively.



To: Road Walker who wrote (490137)6/23/2009 2:11:40 PM
From: michael97123  Respond to of 1572377
 
I agree that obama saved the country from depression and he has been flawless on foreign policy. But i do think a credible republican opposition view on domestic policy is developing and is ably represented each morning on MSNBC by that commie Scarboro. We will gravitate back to two party system with general agreement on fp but liberal vs conservative on domestic economy, health care etc. On these issues the splits are far more even and questions do arise about obama big govt policys which may be necessary in short run but not so in long term as govt programs tend to become institutionalized.