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nick1985

Lifer
Dec 29, 2002
27,153
6
81
:hmm:

The government spending prevented the economy from further collapse, I'm getting a new bridge near my house, and they're finally fixing the roads. Goverment debt is, generally, not good; but we're borrowing for a very good reason. You don't balance the budget in a recession, you do it when the economy is growing... like it was from 2002-2008. How did that work out?

You think the budget was balanced in 2002-2008? ROFL. Bush spent like a drunken sailor. Obama is spending live an even more liquored up sailor. We are on the wrong path
 

Deeko

Lifer
Jun 16, 2000
30,213
12
81
You think the budget was balanced in 2002-2008? ROFL. Bush spent like a drunken sailor. Obama is spending live an even more liquored up sailor. We are on the wrong path

I think that was his point....
 

Blackjack200

Lifer
May 28, 2007
15,995
1,688
126
You think the budget was balanced in 2002-2008? ROFL. Bush spent like a drunken sailor. Obama is spending live an even more liquored up sailor. We are on the wrong path

My wording was ambiguous, what I meant was that the economy grew from 2002-2008, not that the budget was balanced during that time. Obama's spending is entirely appropriate given the shocks to our financial industry and the inability of the consumer to support growth.
 

nick1985

Lifer
Dec 29, 2002
27,153
6
81
I think that was his point....

And its my point that the way to fix it is to NOT spend like a fucking idiot. We are now on our way to 14 trillion in debt. Good lord thats fucking sick. To think we can sustain this ever increasing debt is purely asanine.
 

Blackjack200

Lifer
May 28, 2007
15,995
1,688
126
And its my point that the way to fix it is to NOT spend like a fucking idiot. We are now on our way to 14 trillion in debt. Good lord thats fucking sick. To think we can sustain this ever increasing debt is purely asanine.

If our economy grows, and inflation holds at around 3-4%, we can support $15 or $16 trillion without a problem. If it had continued to contract, we wouldn't have been able to support $10 trillion.

What you continue to ignore, intentionally no doubt, is that a nascent economic recovery is no time to slash spending. The government supports that are in place right now will need to be removed carefully as the economy shows it doesn't need them anymore. If the next administration inherits a robust economy and fails to balance the budget, they will be to blame.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,198
126
Time to start shorting all stocks. GOP is going to give us austerity measures to balance the budget, and the economy can't handle that.
 

Acanthus

Lifer
Aug 28, 2001
19,915
2
76
ostif.org
How do you feel about the skyrocketing debt? Maybe in 30 years this country will be in complete financial ruin. Will they thank the Democrats largely for that?

We will see how the republicans behave if they get power back.

My guess is, it'll be the same fucking joke all over again.

Lets find a way to cut taxes for big businesses and the wealthy, and do symbolic spending cuts all the while driving up the budget deficit.
 

irishScott

Lifer
Oct 10, 2006
21,562
3
0
True, it did work with Clinton who had a very successful presidency and it did prevent Bush from being even worse than he was.

That's what I'm hoping for, not that my vote will mean much. Virginia 10th district has had Frank Wolf since 1981. We like him, he isn't going anywhere. :)
 
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Blackjack200

Lifer
May 28, 2007
15,995
1,688
126
Given that his "Team" seems to be in the crapper, you're post seems misplaced.

I couldn't even figure out what he was talking about. My post was about what was accomplished since January '09. If anything, it suggested that I don't care if the Democrats get booted.

It was especially odd considering that the OP and first two responses were very much about the posters celebrating their "Team"'s anticipated return to power despite all the problems that the country is facing right now.
 

Kadarin

Lifer
Nov 23, 2001
44,296
16
81
We will see how the republicans behave if they get power back.

My guess is, it'll be the same fucking joke all over again.

Lets find a way to cut taxes for big businesses and the wealthy, and do symbolic spending cuts all the while driving up the budget deficit.

And they'll veneer it with some faith-based abstinence-only Intelligently-Designed anti-abortion legislation.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,198
126
are you against austerity complete, or just at this time?
if not now, then when would be a good time?

When economy is booming again. We should have been running surpluses and saving for a rainy day through the early 2000s instead of cutting taxes left and right and running deficits. It's very simple, when consumers are spendful, government should be austere, when consumers are austere, government should be spendful. If both government and consumers are austere, we'll have an economic debacle, which is what GOP wants for 2012 Presidential election.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
Pfft. We got our legislation passed. That's the real scoreboard.

Yeah, you "scored" so well with that abomination that the Republicans will likely gain a significant number of seats. Well done! You're doin' a heckuva job, Bama!

Today when old people get their SS checks and receive medical treatment thanks to Medicare, they know that the Democrats were responsible.

Yeah, those programs are really something to brag about. :rolleyes:
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
the gop hasn't been in flames long enough to burn off the slag. I foresee a lot of false conversions in 2010 and 2012, and not a lot of change. It'll be a continuation of bush - obama - [insert next big debt corporatist here]

qft.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,686
136
When economy is booming again. We should have been running surpluses and saving for a rainy day through the early 2000s instead of cutting taxes left and right and running deficits. It's very simple, when consumers are spendful, government should be austere, when consumers are austere, government should be spendful. If both government and consumers are austere, we'll have an economic debacle, which is what GOP wants for 2012 Presidential election.

I think that you and blackjack200 really, really need to quit trying to make sense, OK? Basic pearls before swine and all that...

Repubs will probably be campaigning on taxcut promises and balancing the budget at the same time... along with the usual "god, guns and gays"... a little veiled racism... and sour grapes.

What the polls don't show are the reasons for Obama's declining popularity. Much of it is because he's not liberal enough for much of the Dem base.

Repubs' current claim to fame is obstructionism, kinda like George Wallace in the schoolhouse door... Their solid opposition to the financial reform package is kinda hard to spin to their advantage, for starters...

Repubs may pick up a few seats- we'll see. Regain the majority in either house? Only in their most fevered dreams...
 

irishScott

Lifer
Oct 10, 2006
21,562
3
0
I think that you and blackjack200 really, really need to quit trying to make sense, OK? Basic pearls before swine and all that...

Repubs will probably be campaigning on taxcut promises and balancing the budget at the same time... along with the usual "god, guns and gays"... a little veiled racism... and sour grapes.

What the polls don't show are the reasons for Obama's declining popularity. Much of it is because he's not liberal enough for much of the Dem base.

Repubs' current claim to fame is obstructionism, kinda like George Wallace in the schoolhouse door... Their solid opposition to the financial reform package is kinda hard to spin to their advantage, for starters...

Repubs may pick up a few seats- we'll see. Regain the majority in either house? Only in their most fevered dreams...

Obama's declining popularity is also due to his general weakness (or appearance of weakness) as a President. I know plenty of moderates on both sides who are frustrated with him. Also, his stats have only gone down siginificantly since his presidency started, by anyone's metrics.

As for seats, healthcare reform passed by 7 votes. Doesn't take much.
 

Argo

Lifer
Apr 8, 2000
10,045
0
0
:hmm:

The government spending prevented the economy from further collapse, I'm getting a new bridge near my house, and they're finally fixing the roads. Goverment debt is, generally, not good; but we're borrowing for a very good reason. You don't balance the budget in a recession, you do it when the economy is growing... like it was from 2002-2008. How did that work out?

Cool, enjoy the new bridge. What will happen in 5 years, when the bridge needs repairs? More borrowing?
 

umbrella39

Lifer
Jun 11, 2004
13,816
1,126
126
For all the "progressive" high-fiving over recent events, I'd just like to take a moment to point to the scoreboard:

LOL you might want to check the "scoreboard" again. Since you are likening it to a game the score reads currently reads Dems 3 - GOP 0

Still waiting for someone to predict that goose egg will change come November because everyone knows picking up seats is a given...
 

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
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