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

To: tejek who wrote (115214)6/12/2012 3:16:56 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
What is extremist is believing we can spend our way to prosperity with no thought as to the consequences. You have become part of the hedonist crowd that believes we live in some utopian fantasy where nothing has to be paid for.

What's extremist is the increased stridency that you and your Dem friends continue to use as you try to browbeat and discredit the rest of us who are trying to bring some sanity back to the discussion.

No matter how much you wish it, there is no free lunch.

The below chart is proof....You think there are no consequences headed our way for this disaster of a deficit history?
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To: tejek who wrote (115214)6/12/2012 3:23:54 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
And here's something else. We have a real life example on how good public finances contribute to employment growth versus how Keynesianism and endless deficits destroy employment growth. Just look at the chart below and compare California, which has run consistent deficits, and Texas, which typically runs a surplus. The proof that fiscal profligacy is deleterious to economic health is not only common sense, but documented for all who have eyes to see.



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