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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 (69643)	7/30/2009 2:09:16 PM
From: TideGlider	3 Recommendations Read Replies (1) \| Respond to of 224713

Obama is president and he is tripling or better the debt.

To: Kenneth E. Phillipps who wrote (69643)	7/30/2009 2:21:43 PM
From: Alan Smithee	2 Recommendations Read Replies (1) \| Respond to of 224713

Pssssst. Kenneth. News Flash! George Bush isn't the president any more. Time to move on, man, time to move on.

To: Kenneth E. Phillipps who wrote (69643)	7/30/2009 2:42:34 PM
From: Jorj X Mckie	4 Recommendations Respond to of 224713

When George Bush took office at the beginning of 2001, the federal government was running a substantial budget surplus and projected rising surpluses "as far as the eye could see." Now, the United States is facing massive current deficits -- as a share of the economy, the largest since World War II -- and an increasingly dire and unsustainable outlook over the next 10 years and beyond. In 2001, the Congressional Budget Office projected that the 2008 budget would show a surplus equal to 4.5% of gross domestic product. The actual 2008 budget ran a deficit of 3.2% of GDP. This is a load of crap. there was no surplus. There was a shell game where the government took funds from Social Security to pay down public debt, but there was always a budget deficit during Clinton's presidency. The budget deficit did decrease through most of Clinton's presidency due mainly to people paying more money into Social Security because of the dotcom boom. But as would be expected, when the bubble burst (under Clinton's watch), the deficit started to increase. Clinton handed over an economy that had about a $130Billion deficit.

To: Kenneth E. Phillipps who wrote (69643)	7/30/2009 2:48:16 PM
From: Saulamanca	6 Recommendations Read Replies (2) \| Respond to of 224713

The Myth of the Clinton Surplus craigsteiner.us The Myth of the Clinton Surplus, Part II craigsteiner.us

To: Kenneth E. Phillipps who wrote (69643)	7/30/2009 3:56:00 PM
From: jlallen	1 Recommendation Respond to of 224713

Kenny boy...why do you post such obvious nonsense...?

To: Kenneth E. Phillipps who wrote (69643)	7/30/2009 4:06:36 PM
From: chartseer	2 Recommendations Read Replies (1) \| Respond to of 224713

Oh bummer! At worst bailout could cost 24 trillion. But who is counting? msnbc.msn.com comrade chartseer