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


To: RetiredNow who wrote (128974)12/19/2012 9:45:08 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
The fact is that RIGHT NOW is never a good time in the US. We have run deficits for decades and we aren't going to run a surplus any time soon,

If we keep the Rs out of power, we will [run a surplus].



To: RetiredNow who wrote (128974)12/21/2012 1:07:24 PM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
Both parties are big spending parties that have no clue how to balance a budget. We had a brief moment in time when Clinton, the rarest of all birds a fiscal conservative and Democrat, and Gingrich came together in a bipartisan effort to roll back the welfare state, raise taxes, and balance the budget. It worked and we ran a surplus for the briefest of moments

All so true. BUT we had the internet revolution and peak growth years for the boomer demographic as additional drivers. Didn't even need a stupid housing/credit bubble or zero interest rates to juice the economy then either..