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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (69173)	2/23/2014 9:57:29 AM
From: LLCF	Read Replies (1) \| Respond to of 71588

For an irrelevant portion of the conversation you spent a LOT of time trying to "spin" it rather than admitting the point and moving on. Besides, I've noticed you're really good at tacking off point yourself in order to feign support for your argument. So let's do something thing here.... except we'll simly make the context of the conversation much larger... which of course reaveals more truth, by definition than the cherry picking, linear approach you RwingNutz love... let's point out the Reagan's man (Greenspan) kept interest rates artifically low, distorting government deficit projections (well, eveyone's projections, making borrowing seem mare advantageous than it should have been) for literally decades. So as we know the REAL ramifications of policy by presidents or anyone else has very little to do with the few years they are in office, in fact what's going on while in office often has ALMOST NOTHING to do with policy, rather other previously existing conditions. Price of oil a case in point back in those days. Long story short, if you're horrifed by the debt and deficit, as the kicking and screaming by the RwingNutz seem to indicate... there is ONE FACTOR that is the substrate for for all borrowing decisions... i rates. Easy fed (Greenspan-Bernanke) is the NUMBER ONE contributing factor leading to the culter of borrowing in the US, the governent included. So stuff Greenspan in your pipe and enjoy the aroma going forward... it's gonna really pick up flavour as rates spike. DAK