“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman
fact one. He believes that.
"prosperity of the level I believe you're talking about is still years away"
Opinion. One we share, but still an opinion. Do you have a different opinion on that matter?
"but I also believe it has nothing to do with who will be president."
Fact: He believes this.
"it has nothing to do with who will be president"
Opinion. I know yours is different.
Fact: The discussion was about the housing market, not about deficit spending.
Opinion (mine): Bush is not to blame for the housing market crash.
Opinion (Sheik's): Bush is to blame for the housing market crash.
Whose opinion do you share?
Can't we just turn Congress off and then turn it back on again?
Glasnost and perestroika were the biggest contributors to the downfall of the Soviet Union. No doubt the arms race contributed to hurting their economy, but so did Chernobyl and their 10 year war in Afghanistan. And their economy was already hurting before then.
By the way, the biggest evidence that Reagan didn't defeat the Soviet Union is easily found in the fact that their failed economy wasn't the only reason the U.S.S.R. collapsed; but also political (perestroika).
Originally Posted by globalsecurity
Last edited by Sheik Yerbuti; 06-10-12 at 04:31 PM.
FY 1983 deficit was 6.0% of GDP. Tickle-me Reagan was president in 1983, for the historically challenged.
8.7% is "far beyond" 6.0%? You sure?
Highest annual deficit as a percentage of GDP was FY 1943: 30.3% (falling to a mere 21.5% in 1945). (source: Historical Federal Receipt and Outlay Summary )
Gross federal debt as a percentage of GDP averaged 104.6% for the period 1944-1950 (for FY 2011 it's 102.6%) (source: Federal Debt 1940-2017)
It appears quite conclusive that your statement was completely unfounded.
As a side note, I now await the right to tells us we're not fighting an overseas war
At least until Clinton could bring it under control, but then Bush II drove us off a neo-con cliff again
Last edited by Karl; 06-10-12 at 04:42 PM.
You sound like a typical liberal democrat who expects too much money for your blue collar job.
If union members and blue collar workers were willing to take meaningful pay cuts, we wouldn't have to send those jobs to China.