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House Democrats propose $410B spending bill

Middleground said:
Bush did not inherit an economy in shambles.
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How short and selective our memories must be...

We were told 2001-2004 that the economy was terrible.
All of THAT started before Bush took office.
 
Goobieman said:
How short and selective our memories must be...

We were told 2001-2004 that the economy was terrible.
All of THAT started before Bush took office.
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Are you saying that in 2001-2004, the economy of the United States of American was in a similar/equvalent state than it is today???????? :screwy
 
Middleground said:
Are you saying that in 2001-2004, the economy of the United States of American was in a similar/equvalent state than it is today????????
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YOU said:
Bush did not inherit an economy in shambles.
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You're wrong, especially if you listen to the rhetoric spewed forth at the kind by your kind.
 
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Middleground said:
The world's economy is on the brink of collapse and you say it was worse in the early 80s? :lol:

M'kay. :screwy
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Yes.
Reagan inherited double digit inflation, double digit interest rates, oil price pressures, the expansion of the USSR, a military in decline, national moral in decline. It wasn't pretty.

Go read articles in the press back then, and the stance on the USSR. They thought Reagan was nutso talking the way he did. They expected Soviet totalitarianism to keep growing, and we must be accommodating.

You could almost hear the press cheering for the Soviets. The echoes are somewhere out in cyberspace.

Very different from the revisionist drivel spouted by leftists today.

I take it you were not cognizant at this time and during Carter's Reign of Error?
 
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zimmer said:
Yes.
Reagan inherited double digit inflation, double digit interest rates, oil price pressures, the expansion of the USSR, a military in decline, national moral in decline. It wasn't pretty.
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Correct.
The problems of the 80s were far more severe than those of today.

Today's problem can be traced back to -certain people- pressuring banks to give loans to people that normally would not qualify for them, and the greed of those people who took out those loans.

THAT is easily fixed. The rest just takes time.
 
chevydriver1123 said:
I think the better question would be: Where is the money coming from???!!!
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Who else? The same suspects. Normal Americans will have to pay, pay, apy.

:sinking: Meet The American Worker
YOUR GOVERMENT > :shoot "Hi', put your gun down... I'm from the government and I want to "help".
 
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Moderator's Warning:
Duplicate thread merged.
 
Middleground said:
The world's economy is on the brink of collapse and you say it was worse in the early 80s? :lol:

M'kay. :screwy
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The US economy was worse in the 80's than it is today - yes. But in the 80's, the global economy did not yet exist. Today it does, so if the US falters, so does the rest of the world. But I hate bringing FACTS and common sense into an argument where so much emotionalism is used on your part.
 
Can someone with some economic background please explain to me the point of this continued spending? I understood the stimulus bill but this second one doesn't make sense according to my knowledge of economics.

It's as if this President and the previous one are deliberately trying to backrupt the state.
 
Orius said:
Can someone with some economic background please explain to me the point of this continued spending?
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So that the Democrats can gain and retain as much political power as possible.
 
P/N said:
The US economy was worse in the 80's than it is today - yes. But in the 80's, the global economy did not yet exist. Today it does, so if the US falters, so does the rest of the world. But I hate bringing FACTS and common sense into an argument where so much emotionalism is used on your part.
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Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?

And please, stop it with the personal dramatics. :roll: Apart from the depression in the 30s, there as never been a time as dire as today.
 
Middleground said:
Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?

And please, stop it with the personal dramatics. :roll: Apart from the depression in the 30s, there as never been a time as dire as today.
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Ah yes, I can see how someone who lives in Canada can gauge what it's like to live in the US. :roll:
 
Anyone here ever handle an earmark?
 
P/N said:
Ah yes, I can see how someone who lives in Canada can gauge what it's like to live in the US. :roll:
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Ah, I can.

I read.

I've travelled extensively throught the US.

I have loads of friends and relatives who are American.

But most importantly, what does that have to do with the subject at hand?

Your banks are broke. When has that happened before??? (**hint: not in the 80s)
 
Middleground said:
Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?

And please, stop it with the personal dramatics. :roll: Apart from the depression in the 30s, there as never been a time as dire as today.
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Double digit inflation, 24% interest rates. Yeah, everything was great! :doh
 
Middleground said:
Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?
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The US is not on the verge of economic collapse. You're buying into the hype, just as The Obama hoped you would.

And please, stop it with the personal dramatics.
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Says he who claims the US is on the verge of collapse.
 
The current situation is not as bad as the Carter years, and we survived those.
 
Orius said:
Can someone with some economic background please explain to me the point of this continued spending? I understood the stimulus bill but this second one doesn't make sense according to my knowledge of economics.

It's as if this President and the previous one are deliberately trying to backrupt the state.
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Obama said he would do what he is doing.
Joe the Plumber gave us the most memorable potential revelation for ANYONE in doubt.
Joe let Obama talk, and talk and talk.
Obama got off script and dropped the bomb.
Joe was like a professional journalist stringing Obama along.
Obama bit... hook, line... sinker.
What happened? They went after Joe, and still do.

It's tough being in the cross hairs of Obama and his Propaganda Machine.

The government directed spending, the bailing out of banks has all been tried.
The banks did exactly as predicted. The money was not used to loosen up the loan market.

Japan tried to spend their way out of similar challenges and now they call it The Lost Decade. They're not trying it this time around.

Orius, it makes no sense unless you aim to establish a position of subservience for the majority of the population. Once Obama (FDR, Johnston, Carter, Clinton and their Politburo Congresses) has a majority of the popultion... sucklers on the government teet they will have established a good, obedient, dependent voting base.
 
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P/N said:
The US economy was worse in the 80's than it is today - yes. But in the 80's, the global economy did not yet exist. Today it does, so if the US falters, so does the rest of the world. But I hate bringing FACTS and common sense into an argument where so much emotionalism is used on your part.
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it is way early to be saying anything of the sort. It could easily be argued that trends show it will be worse. On thing clear is those in power are using this calamity to scare people into taking drastic action - and that was happening while Bush was president as well.

four-bears-large.gif
 
Reverend_Hellh0und said:
How about real world feelings?


Interest rates?


Inflation?

Gas lines?


How has this recession affected you or others personally like the carter one?
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You are describing a completely different animal. I am pertaining to wealth decline.
 
Reverend_Hellh0und said:
How has this recession affected you or others personally like the carter one?
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I have no idea how to compare the two. I wasn't alive then. :mrgreen:


As far as right now- I have not been affected in the least. Then again I know how to live within my means.
 
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