Why the Center Loves America
- Thread starter Red Dawn
- Start date
CADsortaGUY
Lifer
BS, if the republicans would stop lying and CLAIMING to lower spending while increasing it and all the while lowering taxes, it wouldn't be soo much a problem.
On another note. i was talking to a guy that works on wall st. today and he was saying that during Clinton, we had paid off soo much of the fed debt that the financial community hit a crisis, they didn't know how to value bonds.
too bad it will take another 50 yrs for us to pay that much of the debt off again.
Zebo
Elite Member
- Jul 29, 2001
- 39,398
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Originally posted by: LeeTJ
BS, if the republicans would stop lying and CLAIMING to lower spending while increasing it and all the while lowering taxes, it wouldn't be soo much a problem.
On another note. i was talking to a guy that works on wall st. today and he was saying that during Clinton, we had paid off soo much of the fed debt that the financial community hit a crisis, they didn't know how to value bonds.
too bad it will take another 50 yrs for us to pay that much of the debt off again.
It takes two to tango. At any time democrats can stop any legislation (they have 40 seats in the senate) they feel is excessive. Problem is they will have to cut some programs they want as well. So what happens it all get swept under the rug of bipartiasanship and they pass the bills only thinking about thier next election.
My american history is notgreat! (to be modest!) - but I would guess (it is a guess) that it must be annoying to see programs started under one government be cancelled under the next and then started under a different guide with the foolowing. Is their any continuity? I have only memories of 2 different governements over my 27 years in the UK - but I iamgine the swings are more numerous in the US. Is this not frustrating?
Cheers,
Andy
Cheers,
Andy
The closest thing to immortality is a goverment program.
Abe Lincoln
There are not really wild swing on goverment programs, once started they rarely go away.
Is that because each succesive government is afraid of affronting the sensabilities of the elctorate that voted for/supported the programs of the outgoing government?
Cheers,
Andy
Try to show a little more insight. Reform comes from the middle. It isn't about accountability, that isn't the issue, the issue is whether or not people will break from party lines, which moderates on both sides of center are more inclined to do. If you really want to discuss accountability, the center has MORE accountability because they are less inclined to vote party lines.
No it is because each program creates a class of people/companies that become dependant on the benefit that the goverment is providing. It is far easier to create programs, than to remove them.
Originally posted by: LeeTJ
On another note. i was talking to a guy that works on wall st. today and he was saying that during Clinton, we had paid off soo much of the fed debt that the financial community hit a crisis, they didn't know how to value bonds.
too bad it will take another 50 yrs for us to pay that much of the debt off again.
On another note, you're either an idiot, or your friend is. Here's a link listing the Annual Federal Debt Outstanding for the years 1950-2000. Show me which years exactly it was ever paid down. Note that it never went down - meaning it, or any portion of it, was never paid off. Neither side (or the Center, for that matter) has shown much interest in curtailing rampant gov't spending.
President Bill Clinton said Monday that the United States would pay off $216 billion in debt this year, bringing to $355 billion the amount of the nation's debt paid down in the three years since the government balanced the budget and began running surpluses.
In a written statement, Clinton said the $216 billion payment represented the largest debt paydown in American history, and he said that the federal government's long-term debt is now $2.4 trillion lower than projected to be when he first took office.
However, the U.S. government still has a long way to go before it pays down the entire national debt, which now stands at $5.7 trillion.
Another Rush Limbaugh remaking of history, watch as the right erases the history they lived through to spin every success under Clinton as GOP actions and blame all fault on the liberals....
Why is it only he and his friend could be idiots? A quick look at the facts suggest someone is an idiot, but I will let you read further and make up your own mind where that label should fall. I'm sure both people you attacked personally would like an apology as much as they deserve one.
I looked at your link, it went up ever year, but nowhere does it say it was not paid on during that time. If you looked a little closer it went up by different margins, some so low it was OBVIOUS some payment was also made the previous year, even though it was not enough to keep it from rising past the previous years level.
The worst example I can think of is Ronnie Reagan and the Dems both signing off on each others pet projects and raising the debt from 1 trillion to over 4 trillion, see what happens when the 2 parties work together, lol....
In a written statement, Clinton said the $216 billion payment represented the largest debt paydown in American history, and he said that the federal government's long-term debt is now $2.4 trillion lower than projected to be when he first took office.
However, the U.S. government still has a long way to go before it pays down the entire national debt, which now stands at $5.7 trillion.
Another Rush Limbaugh remaking of history, watch as the right erases the history they lived through to spin every success under Clinton as GOP actions and blame all fault on the liberals....
Why is it only he and his friend could be idiots? A quick look at the facts suggest someone is an idiot, but I will let you read further and make up your own mind where that label should fall. I'm sure both people you attacked personally would like an apology as much as they deserve one.
I looked at your link, it went up ever year, but nowhere does it say it was not paid on during that time. If you looked a little closer it went up by different margins, some so low it was OBVIOUS some payment was also made the previous year, even though it was not enough to keep it from rising past the previous years level.
The worst example I can think of is Ronnie Reagan and the Dems both signing off on each others pet projects and raising the debt from 1 trillion to over 4 trillion, see what happens when the 2 parties work together, lol....
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