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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (14124)3/31/2012 1:31:53 PM
From: JBTFD  Read Replies (1) | Respond to of 85487
 
<<Older increases where off smaller bases so the percentage increase is higher. But not very meaningful. >>

Percentage increase is a fair way to measure gain. You're argument in nonsensical. Reagan almost tripled the national debt. You can't argue that fact away.

I agree that Obama's spending has been higher. Why we are bailing out mega corporations and banks makes no sense at all to me. Now we have created an environment of moral hazard where it appears we are stuck but actually we are not. Let them fail. That is the only way to stop the insane casino that our financial system has become.