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Thread: GOP official: House to vote to lift debt limit

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by TheNextEra View Post
    Well to be fair while there are hypocrites who are complaining about the spending under Obama now that didn't under Bush, there are also hypocrites that complained about spending under Bush that aren't now that Obama is doing it.

    There are hypocrites on all sides.

    I can agree with this to some extent but not totally - the states of the national economy are not comparable, Bush entered office with a surplus in the national budget and with shrinking deficit projections according to CBO. Obama entered office with an economy in free fall. Bush and his people cut taxes using a justification that the government had too much money and cutting taxes would so stimulate the economy that it wouldn't make much difference anyway, they started a totally unnecessary war in Iraq and botched a war in Afghanistan, greatly prolonging it and requiring the Obama people to continue paying for said war during a period of recession.

    Much of the spending at this time is a direct result of the recession, debt payments on the Bush era deficits and increased military spending.

    There is a perception, created by the large noise machine of the right that President Obama is a spendthrift, wasting the taxpayers money but it just ain't so
    [
    URL="http://www.bloomberg.com/news/2013-01-22/obama-channels-eisenhower-with-anemic-government-spending-growth.html"]
    Obama Channels Eisenhower With Anemic Government Spending Growth[/URL]

    Senate Republican leader Mitch McConnell says it’s time for the president to “get serious about spending.” The budget numbers suggest Barack Obama already has, with beneficial effects on the deficit.

    Federal outlays over the past three years grew at their slowest pace since 1953-56, when Dwight D. Eisenhower was president. Expenditures as a share of the economy sank last year to 22.8 percent, their lowest level since 2008, according to Congressional Budget Office data. That’s down from 24.1 percent in 2011 and a 64-year high of 25.2 percent in 2009, when Obama pushed through an $831 billion stimulus package.
    “And I have no doubt that every new example will succeed, as every past one has done, in shewing that religion & Govt will both exist in greater purity, the less they are mixed together.”
    ~ James Madison, letter to Edward Livingston, July 10, 1822

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    You are showing a lack of knowledge of economics on a national scale. Did you complain about the deficit spending during the period from 2001 to 2009?
    Yes I did. And I dont appreciate the insults.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    People are 'interested' but those who are capable of grasping the complexities of the modern world, for the most part, understand that an immediate "balancing of the national budget" would result in a depression worse than that experienced in the 1930s
    Ok, I get it. Were all a bunch of dumbasses. Thanks for your contribution to this thread.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    You are showing a lack of knowledge of economics on a national scale. Did you complain about the deficit spending during the period from 2001 to 2009?
    Quote Originally Posted by jonny5 View Post
    Yes I did. And I dont appreciate the insults.
    Good for you if you complained during those years. What part of the spending by the feds should have been cut in the Bush years? Did you approve of the tax cuts which were the primary cause for the deficits?


    What "insults"?
    “And I have no doubt that every new example will succeed, as every past one has done, in shewing that religion & Govt will both exist in greater purity, the less they are mixed together.”
    ~ James Madison, letter to Edward Livingston, July 10, 1822

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    Good for you if you complained during those years. What part of the spending by the feds should have been cut in the Bush years? Did you approve of the tax cuts which were the primary cause for the deficits?


    What "insults"?
    Youve called people who disagree with you ignorant several times now. The tax cuts were not the primary cause of the deficits and I wholeheartedly approved. And I would have cut entire depts, starting with HHS and SSA.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by jonny5 View Post
    Youve called people who disagree with you ignorant several times now. The tax cuts were not the primary cause of the deficits and I wholeheartedly approved. And I would have cut entire depts, starting with HHS and SSA.

    Is "ignorant" an insult on every occasion? What is the definition of "ignorant"?
    “And I have no doubt that every new example will succeed, as every past one has done, in shewing that religion & Govt will both exist in greater purity, the less they are mixed together.”
    ~ James Madison, letter to Edward Livingston, July 10, 1822

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    I can agree with this to some extent but not totally - the states of the national economy are not comparable, Bush entered office with a surplus in the national budget and with shrinking deficit projections according to CBO. Obama entered office with an economy in free fall. Bush and his people cut taxes using a justification that the government had too much money and cutting taxes would so stimulate the economy that it wouldn't make much difference anyway, they started a totally unnecessary war in Iraq and botched a war in Afghanistan, greatly prolonging it and requiring the Obama people to continue paying for said war during a period of recession.

    Much of the spending at this time is a direct result of the recession, debt payments on the Bush era deficits and increased military spending.

    There is a perception, created by the large noise machine of the right that President Obama is a spendthrift, wasting the taxpayers money but it just ain't so
    [
    I'm all for acknowledging the mistakes made during the Bush era but let's get real, OK? While there may be a statistic here and there that you could point to... are you really going to sit there and try to claim that there WASN'T a recession beginning at the end of Clinton's 2nd term? The economic conditions that Bush inherited were FAR from the rose garden scenario that you are peddling. We were in the middle of a recession when he took office... and 9-11 came shortly after. Can we at least be honest about that?
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Somerville View Post
    Is "ignorant" an insult on every occasion? What is the definition of "ignorant"?
    The tone in which you are using it here is.

    failure to grasp economic reality.
    some group that doesn't understand economics
    you are showing a lack of knowledge
    those who are capable of grasping the complexities of the modern world

    You called us stupid several times now for nothing more than disagreeing with your opinion.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by jonny5 View Post
    The tone in which you are using it here is.

    failure to grasp economic reality.
    some group that doesn't understand economics
    you are showing a lack of knowledge
    those who are capable of grasping the complexities of the modern world

    You called us stupid several times now for nothing more than disagreeing with your opinion.


    IGNORANT does not mean STUPID



    look it up
    “And I have no doubt that every new example will succeed, as every past one has done, in shewing that religion & Govt will both exist in greater purity, the less they are mixed together.”
    ~ James Madison, letter to Edward Livingston, July 10, 1822

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by jonny5 View Post
    It was passed in the Senate unanimously first. Not that Im disagreeing with the point.
    Actually it passed in the House first, last July, with 90 Democrats voting against the spending and every single Republican voting for the spending.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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