Originally posted by: SuperTool
Originally posted by: shinerburke
Originally posted by: SuperTool
Originally posted by: shinerburke
Originally posted by: SuperTool
Originally posted by: Trezza
although i was for the Iraq war i don't think that attacking Syria or Iran, or any other country is a good idea. I would like to hear a good reason behind attacking them aside from they are not "co-operating".
Well, for one, Bush's domestic policy is a disaster. He is getting us into huge debdts with nothing to show for it.
So if there is no war, what's he going to run on? The only excuse he can come up for this economy and these huge deficits is that we are at war.
Ahhh.....another I don't really understand economics but I'm going to blame everything bad in my life on President Bush post.
Ahhh.....another our president is blameless unless he is a Democrat post.
Never said that. I just get tired of seeing you, and others, blame President Bush for the current economy. The President, any President, has very little to do with the economy. In fact I would say that the President has about as much effect of the economy as Big Bird does astrophysics. The current state of the economy can be blamed mostly on the tech crash than began in mid 2000. You also have to realize that the so called boom of the mid to late 90's was fueled in large part by debt and not any real money. It was a feat that Michael Milken would be proud of. Most of the up and coming companies were nothing more than paper tigers who had no real staying power. Their stock would have been worth more in the long run if it had been printed on toilet paper.
Oh, yeah, president has very little to do with economy, yet every few months he comes out with an economic stimulus package to dig us deeper into debt under pretences of "stimulating the economy."
Well, if you get the country into debt to stimulate the economy, then you take responsibility for stimulating the economy, and if you have nothing to show for it, then sure as hell you are responsible for the economy.
And maybe the late 90's boom was fueled by debt, but in a capitalist system, individuals and companies can borrow money for stupid reasons and lend money for stupid reasons, and pay the price. But the government should be able to sustain itself without having to borrow 300 billion a year. The government should be responsible, because unlike corporations, which go bankrupt all the time, the government going bankrupt would be devastating to the US economy.