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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (14339)6/25/2009 3:40:02 PM
From: Oral Roberts3 Recommendations  Read Replies (1) | Respond to of 103300
 
Bush's tax cuts brought in more revenue,

It's happened every single time taxes have been cut. And every time they've been raised it reduced revenue. So why in God's name do Democrats always want to raise taxes? Must truly hate us tax payers.

Deficits are 100% a spending problem anyhow. Nothing to do with revenue.



To: longnshort who wrote (14339)6/25/2009 5:07:23 PM
From: puborectalis  Read Replies (1) | Respond to of 103300
 
Limbaugh's un-Republicans vs. The United States of America
By Steven Stoft, March 3, 2009
Limbaugh is hoping for Obama's economics to fail and for the United States to sink into another Great Depression. See for yourself. But here's the Wall St. Journal quoting Fed. Chairman Bernanke—and remember, he's George Bush's man, not Obama's:

"The recent near-term [economic] indicators show little sign of improvement," Mr. Bernanke said, citing higher levels of new jobless claims since mid-January. ... Meanwhile, businesses "have apparently cut back their plans." ... "We are better off moving aggressively today to solve our economic problems." But given the economic climate, "enormous" deficits are "unavoidable," Mr. Bernanke said.

Check this graph.Most Republicans would rather not see their country crushed by a depression just to prove an ideological point, even if it was correct. But extreme conservatives fought recovery in the last depression, and Roosevelt did not spend enough from 1933-41 to get us out of it. Only World War II provided the excuse for the enormous deficits that finally jolted the economy out of depression and into overdrive. (#1 villain)



To: longnshort who wrote (14339)6/25/2009 5:12:20 PM
From: puborectalis  Read Replies (1) | Respond to of 103300
 
What is your solution to:

...projected expenditures for Medicare and Social Security programs exceed tax revenues by over $40 trillion over the next 75 years.