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Thread: Debt Crisis is Worse than we Think

  1. #71
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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by Grant View Post
    They forgot what made them great. If they can remember who they are and what they once stood for, I believe they can turn it around again.

    But they are going to have to elect a president who will do what's necessary to get the budget in line with reality again, and a Congress and Senate that will support her..
    Clinton was male, and the only president to get the budget in line with reality
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by sangha View Post
    Clinton was male, and the only president to get the budget in line with reality

    Thought Clinton was a decent president. Smart guy. But the credit some of the daydreamers on the Left give him for the economy in the 1990s is grossly exaggerated. Clinton had the "luxury" of his Federal spending limited due to an adversarial Congress. And the other bonus of that dot.com bubble thingy providing a lot of cash on the revenue side of the formula.

    Still like the guy. But he isn't deserving of the pedestal he is too often placed on.....



    .
    Last edited by pragmatic; 07-30-11 at 09:09 PM.


    “Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life.”

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    Re: Debt Crisis is Worse than we Think

    Clintons' "Balanced" budgets A) weren't balanced and B) came from the Republican House.

    however, you are correct that in recent history he came the closest.

    know how he did it?


    he cut the capital gains tax and then lowered government spending to a little over 18% of GDP.

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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by Cole View Post
    Thought Clinton was a decent president. Smart guy. But the credit some of the daydreamers on the Left give him for the economy in the 1990s is grossly exaggerated. Clinton had the "luxury" of his Federal spending limited due to an adversarial Congress. And the other bonus of that dot.com bubble thingy providing a lot of cash on the revenue side of the formula.

    Still like the guy. But he isn't deserving of the pedestal he is too often placed on.....



    .
    Yet, whether repubs have an adversarial congress or a compliant one, they still increase spending and deficits faster than any dem president before them.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #75
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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by cpwill View Post
    Clintons' "Balanced" budgets A) weren't balanced and B) came from the Republican House.

    however, you are correct that in recent history he came the closest.

    know how he did it?


    he cut the capital gains tax and then lowered government spending to a little over 18% of GDP.
    He didn't balance the budget, he created a surplus

    The repubs in congress couldn't do the same when they controlled the house, the senate AND the white house

    He did more than cut the CG tax and spending rose throughout his presidency
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  6. #76
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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by Grant View Post
    They forgot what made them great. If they can remember who they are and what they once stood for, I believe they can turn it around again.

    But they are going to have to elect a president who will do what's necessary to get the budget in line with reality again, and a Congress and Senate that will support her..
    Too many are getting goodies from the sweat of others and over half don't pay federal income taxes at all.

    They will continue to vote themselves benefits until the system falls apart. Appears this may be the beginning of that process.

    .

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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    Too many are getting goodies from the sweat of others and over half don't pay federal income taxes at all.

    They will continue to vote themselves benefits until the system falls apart. Appears this may be the beginning of that process.

    .
    That was a perfect description of the Fortune 400
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  8. #78
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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    Too many are getting goodies from the sweat of others and over half don't pay federal income taxes at all.

    They will continue to vote themselves benefits until the system falls apart. Appears this may be the beginning of that process.

    .
    That's what they've done elsewhere and the American people caught the same disease thinking that this time, maybe this time, it would be different.

    But the results are always the same. The something for nothing crowd will insist they can have their goodies and others will somehow, through the magic of government pressure, pay for it. This should be a lesson for generations to come, though it might be to late to escape the tentacles of big government. Perhaps the easiest way to mend the mess would be less federal government and a return to greater State rights. That way the people closer to home can better manage their own affairs, or leave for a responsible State which can.

    Perry and others might be on to something with the threat to secede. It could be the only way they can ever attract sufficient attention to the problem and get people looking to the future rather than bickering about whose fault it is..

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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by sangha View Post
    That was a perfect description of the Fortune 400
    When did companies in the Fortune 400 get the right to vote?

    The only way a company can vote is with their feet.

    .

  10. #80
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    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    When did companies in the Fortune 400 get the right to vote?

    The only way a company can vote is with their feet.

    .
    They vote by paying off politicians...

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