The Incessant Irrational Fear of Debt continues by Republican's even amidst Good News

Discussion in 'Current Events' started by akphidelt2007, Mar 8, 2013.

  1. akphidelt2007

    akphidelt2007 New Member Past Donor

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    Reagan increased the National Debt by over 10% every year he was in office. Didn't hear much peeps from conservatives then. Face it, you are a partisan drone.

    [​IMG]
     
  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    With a Democrat Controlled Congress including a Senator Obama who support their opposition to the Fannie/Freddie reforms he tried to get passed and failed to take action of their own and then had a total Democrat controlled Washington for two years and failed to institute policies to correct the situation and get us into a recovery.

    What do you think they were elected to do, just sit back in their offices and complain about the Republicans and throw up their hands and say OH WELL nothing we can do about it?

    Obama has kept the turnaround that started as he came into to office and no thanks to him from getting us back on track with his failed economic policies and Obamacare and outrageous increases in the deficits and debt. And now he wants even more of the same.

    Obama and the Democrats have proposed nothing to obstruct. It's the Democrats who are handed Republicans bills and obstruct by refusing to even discuss them. Even now they will not negotiate or compromise preferring their roadblocks of either do exactly what they want or nothing will get done.
     
  3. Whaler17

    Whaler17 Well-Known Member

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    Why did the debt go up? National defense, a legitimate use of our tax dollars. Why is it going up far higher and at an astronomically higher rate under Obama? Free cell phones for drug dealers, a silly so called health care plan everyone knows will fail, steep rise in welfare payouts, steep increase in food stamp program costs, the list goes on. Obama squanders our money, Reagan used it wisely and destroyed our biggest enemy at the time, the U.S.S.R.!!!

    If we are drones, you must be just a garden variety dumbass.


     
  4. akphidelt2007

    akphidelt2007 New Member Past Donor

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    How am I a partisan drone when I stick up for Reagan and Bush's economic policies? Lol.

    So now you are justifying Reagan's spending because it was on National defense?

    Hahahahaha, you guys will make up anything to push your failed ideology.
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    Reagan FOUGHT the spending levels of the DEMOCRAT CONGRESS requesting less spending than Congress authorized and also the falling revenues as he and Volker had to work the double digit inflation and double digit interest rates out of the economy and then as revenues soared in the recovery and he was able to win more spending concessions the deficits fell dramatically. That hasn't occurred under Obama and the Democrats, not only has the debt has skyrocket and continues to do so and Obama wants more. And the percent change is deceiving, chart the actual amounts.
     
  6. akphidelt2007

    akphidelt2007 New Member Past Donor

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    It's not deceiving at all. It is what it is. It is you trying to justify Reagan's spending because you are a partisan drone.
     
  7. Wehrwolfen

    Wehrwolfen Well-Known Member Past Donor

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    Could be because they're good and to the point.
     
  8. dujac

    dujac Well-Known Member

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    what a joke, you can't seem to get anything right
     
  9. Yosh Shmenge

    Yosh Shmenge New Member

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    Glad you agree. 7.1% economic growth under Reagan vs. 2.8% under Obama.

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    It's called the truth. No wonder you don't recognize it.
     
  10. dujac

    dujac Well-Known Member

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    oh look, another joke
     
  11. Whaler17

    Whaler17 Well-Known Member

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    Where did I call you a drone. You are proving the validity of what I actually did call you.


    Of course spending on national defense is far more justifiable than cell phones for dope dealing welfare recipients. Duh!

     
  12. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yes it is totally decieving and you seem ignorant of the fact the during Reagans term Congress was controlled by the Democrats else under the mistaken impression they rubber stamped his budgets. Which is it? Are you denying that Reagan fought for lower spending than the Democrats authorized and that they accept ALL of his rescissions?

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    Refute it.
     
  13. akphidelt2007

    akphidelt2007 New Member Past Donor

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    I don't care who is in control. The numbers are the numbers. During Reagan's 8 years he spent a crapload of money and increased the debt by over 10% every year he was in office. Regardless of what his ideology is, that is what happened in his 8 years. Something Keynes would have been very proud of.

    Keynes would not be happy with what Obama is doing right now.

    Keep playing your partisan games.

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    It's ideologically more justifiable for some... not so much economically.
     
  14. stroll

    stroll New Member

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    Ever looked any further than these 2 figures, or does any information which doesn't fit the agenda just get blended out?
     
  15. Yosh Shmenge

    Yosh Shmenge New Member

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    Why? Not instructive enough for you? Don't want anyone mentioning the facts?
     
  16. dujac

    dujac Well-Known Member

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    gdp growth was negative when obama took office

    he turned the trend around and took it to positive growth by the third quarter of 2009
     
  17. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    The loss in jobs did not peak until March 2010. Since then it has been pretty flat if you include the jobs needed to be created to keep up with population growth.
     
  18. Yosh Shmenge

    Yosh Shmenge New Member

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    Not surprising. No one should be happy as the Fed buys up trillions of dollars of debt in order to prop up Obama's failed economy.
    His cheer leaders are living in a fool's paradise.
     
  19. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    That is why I have asked before why it is mostly the poor and the rich that support Obama. The poor believe his lies and the rich like his actions.
     
  20. Yosh Shmenge

    Yosh Shmenge New Member

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    http://townhall.com/columnists/dona...rop-up-obamas-weak-economy-n1704916/page/full
    The fact that Bernanke and the Fed have to run the mint printing presses over time in order to pump out trillions to keep Obama's effed up economy afloat says it all.
    Contrast the severe recession that Reagan overcame with the sickly lingering zombie economy under Obama...and then realize that even with Bernanke's QE crutches, the economy still limps around like a polio victim with ankle restraints on.
     
  21. Whaler17

    Whaler17 Well-Known Member

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    Economics should be viewed in terms of long term benefit versus cost, not a short sighted simple minded approach. How is stating the obvious fact that national defense is our government's primary responsibility partisan? Step away from the simple mindedness of your own partisanship for a change.
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    The Democrats have lived by the lie to the poor and feed the rich mentality for decades.
     
  22. akphidelt2007

    akphidelt2007 New Member Past Donor

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    Lol, keep up your partisan games. One of my favorite tricks is how they have convinced themselves that spending on the military is different then spending on anything else. I deal with economics, not political games.
     
  23. akphidelt2007

    akphidelt2007 New Member Past Donor

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    Where's all the trillions of dollars going?

    It's definitely not entering our money supply. Maybe you are just misinformed as usual.

    [​IMG]
     
  24. Yosh Shmenge

    Yosh Shmenge New Member

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    Are you actually denying the policy known as Quantitative Easing?
    http://www.investopedia.com/terms/q/quantitative-easing.asp

    Well, that's ummm...bold.
     
  25. akphidelt2007

    akphidelt2007 New Member Past Donor

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    The Federal Reserve doesn't even call it Quantitative Easing. Ben Bernanke actually refers to it as "Credit Easing".

    "Now, what these reserves are is essentially deposits that commercial banks hold with the Fed, so sometimes you hear the Fed is printing money, that’s not really happening, the amount of cash in circulation is not changing. What’s happening is that banks are holding more and more reserves with the Fed."

    Read more at http://pragcap.com/ben-bernanke-explains-fed-qe#22RIKqywYQrGRbB1.99


    - Ben Bernanke


    Like I said, you know very little about what you are talking about. I on the other hand, know quite a bit.
     

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