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


To: Wayners who wrote (28595)4/5/2010 11:25:15 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
"and yet you are saying such stuck Presidnets should be blamed for the Ponzi schemes of Social Security and Medicare and Medicaid and Obamacare?"

What are you talking about, Wayne?

(I don't recall ever saying anything of that nature....)

All I said was if they sign an UNBALANCED BUDGET that necessitates issuance of new federal debt, (as, for example, Reagan regularly did, and both Bushes did each and every year of their terms, and Obama has once thus far) then they are signing into law new and higher deficit spending.

(And, as far as "Social Security" goes --- which you have just brought up --- please REMEMBER that for all of the Reagan years, and the Bush years, the S.S. system was actually PAYING MORE INTO the general revenue then it was talking out! So, yes, in the long run it is projected to run a deficit --- but it HAS NOT YET PRODUCED deficit spending. At least, not with Reagan or the Bushes. For their historic deficit spending you have to come up with some different excuse.)