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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (113904)5/18/2012 11:07:53 AM
From: Road Walker  Respond to of 149317
 
The GOP isn't in power right now. Obama and the Dems are. So yes, I put the blame where the power is.

Nobody but the USSC is in power now. The Republicans can block any Dem/Obama initiative and the Dems/Obama can block any Rep initiative.

The only stuff that gets through is where the lobbyists and buying off both sides.



To: RetiredNow who wrote (113904)5/18/2012 11:33:09 AM
From: manalagi  Read Replies (2) | Respond to of 149317
 
The GOP isn't in power right now
Think again. If the GOP isn't in power now, how could the GOP blocked almost all proposals so that they won't get the debate on the senate floor? The house in under the control of right wing extremists.



To: RetiredNow who wrote (113904)5/18/2012 1:42:05 PM
From: bentway  Read Replies (2) | Respond to of 149317
 


In 1981, the supply siders commandeered the Reagan Presidency and employed their Voodoo economics, as Bush senior had called it in 1980. He was saying that tax cuts would not increase government revenues. As you can see above, the Voodoo failed just as Bush predicted, and the supply siders turned a 32-year winning streak into a debt disaster that continues to this day. For 20-years, under Reagan and the Bushes, the national debt increased compared to GDP every single year. In most other years it decreased. Twenty years in a row can't be just an accident, but to understand you need to learn the voodoo strategy. ( Why Debt / GDP ?)

What's causing today's huge deficits? Deficit basics. Top 4 deficit causes.

Bush senior fought against it, so the Republicans didn't support him and he lost to Clinton, who put an end to it supply-side economics. G. W. Bush brought it back full strength, with V.P. Cheney saying "Reagan proved deficits don't matter." Currently supply siders are in full control of the Republican party.

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The green line shows what would have happened to the national debt if Reagan and the Bushes had balanced their budgets as Reagan claimed he would. G.W. Bush, in all modesty, claimed he would "retire nearly $1 trillion in debt over the next four years. This will be the largest debt reduction ever achieved by any nation at any time."

Conservatives are quite embarrassed by this performance, so they have invented a cover story: The Democratic Congress did it. Nice try. But for 12 of the 20 years the Congress was not Democratic. Also, presidents can veto, and when it was Democratic, Congress passed smaller budgets on average than the Republican Presidents asked for. Presidents propose the budget, and they have the most influence. Check it out.