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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 (100017)	2/16/2011 1:15:47 PM
From: TopCat	Respond to of 224729

"Before Reagan, the debt as a % of GDP was declining rapidly. After Reagan took office, the debt as a % of GDP began increasing rapidly. This increase stalled under Clinton and began to rise rapidly under Bush." What's it doing under Obama?

To: Kenneth E. Phillipps who wrote (100017)	2/16/2011 1:28:29 PM
From: chartseer	4 Recommendations Respond to of 224729

Declining rapidly??? Why didn't you post a chart see we could see the supposedly rapid declining. Here is the chart. See kenny's never let the facts get in his way rapid declining until Reagan. Who are you going to believe Kenny( Never let the facts get in his way ) or you lying eyes? Let me see Kennedy cut taxes in 1961 let me see the jump up in the percentage of deficit of GDP. Strange thing is the chart makes it appear as if the Kennedy tax cut caused the percentage to decline. How can that be??? That makes it appear that you lied to us. You aren't lying to us again are you kenny? usgovernmentspending.com Citizen chartseer

To: Kenneth E. Phillipps who wrote (100017)	2/16/2011 1:48:31 PM
From: MJ	6 Recommendations Read Replies (1) \| Respond to of 224729

After Reagan took office-------there was a still a Democrat controlled Congress as there was under Jimmmy Carter whose inflation rates and mortgage rates were astronomical. Reagan was a President for the first 4 years without a supportive Congress-------Kenneth, you are being myopic---go back and read the truth about that era. We are now blessed with a Congress that cares about this nation. This our big chance to stop the failed policies of the socialist Democrats that have destroyed America.

To: Kenneth E. Phillipps who wrote (100017)	2/16/2011 1:50:35 PM
From: grusum	2 Recommendations Respond to of 224729

Before Reagan, the debt as a % of GDP was declining rapidly. GDP is a measure of consumption. if government borrows to spend/consume, it's no different than if you borrow to buy a hamburger. overall, borrowing to consume isn't healthy for an economy, including one's own. so even if GDP/consumption gets bigger than debt, it's still a bad thing if the rise in GDP is fueled from borrowing. i keep telling you this, and you keep ignoring it. spending needs to come from savings for it to be good for the economy. borrowing to spend isn't sustainable. taxing to spend on 'do-good' programs isn't sustainable either. we need taxes to have a government, and we need a government, so i'm not against taxes. i'm against high spending and taxes for things that government wasn't meant to do. socialism has been decaying this country for many years. the pace is just beginning to pick up.

To: Kenneth E. Phillipps who wrote (100017)	3/11/2011 8:06:30 PM
From: TimF	Respond to of 224729

After Reagan took office, the debt as a % of GDP began increasing rapidly. Because spending increased so much, under presidents of both parties and congress from both parties. That is except when you had a Republican congress and a Democratic president, but that sample (one instance) is to small to generalize, and probably has more to do with the specific conditions of the time, a tech boom, the "peace dividend" combined with the ability to rely on all the equipment that was bought when Reagan was president which reduced the needed spending beyond the amount from just shrinking the military, and the first totally Republican congress in generations that was eager to contain spending, at least for awhile.