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White House to paint grim fiscal picture: source

American said:
We need a sarcasm button on the menu.
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Yes we do I agree!




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Obama is damn, if he does, and damn if he doesn't. I am all for a balanced budget, and I am a democrat.
 
liblady said:
now that's just laughable. i guess war spending is excluded.
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"War Spending" is a result of self-described policy priority of The Obama, as He chooses to extend the policies of GWB in Iraq and expand on them in Afganistan.

As such, these costs are His and not GWB's. He could reduce this spedning to near $0 by simply choosing to do so.
 
So let me get this straight, when Bush inherited a recession from Clinton, he couldn't use that as an excuse, and his signing of every spending bill before him was something to be used by liberals to bash him with. However, when Obama spends in magnitudes of multiples of what Bush spent, then it is still all Bush's fault.....Interesting paradox you libs cook up. laughable, but interesting.


j-mac
 
j-mac said:
So let me get this straight, when Bush inherited a recession from Clinton, he couldn't use that as an excuse, and his signing of every spending bill before him was something to be used by liberals to bash him with. However, when Obama spends in magnitudes of multiples of what Bush spent, then it is still all Bush's fault.....Interesting paradox you libs cook up. laughable, but interesting.


j-mac
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Bush inherited a recession? I see you subscribed to the revisionist history told by Repubs. Bush should have been bashed for his spending as he and the party in control at the time called themselves Fiscal Conservatives.. Obama did inherite a Depression, who controled Congress for the last 14 of 16 yrs prior to him taking office??
 
pugetsoundwa said:
Bush inherited a recession? I see you subscribed to the revisionist history told by Repubs.
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I wasn't aware that the BEA was a partisan organizaton.
According to them, the slowdown that was the "Bush recession" began in the 3rd quarter of 2000 and extended thru the thrid quarter of 2001. There was never really a 'recession' as there was no back-to-back quarters of negative growth.
U.S. Department of Commerce. Bureau of Economic Analysis

Bush should have been bashed for his spending as he and the party in control at the time called themselves Fiscal Conservatives.
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This excuses The Obama's spending... how?

Obama did inherite a Depression...
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Speaking of revisionist history...

who controled Congress for the last 14 of 16 yrs prior to him taking office??
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This excuses The Obama's spending... how?
 
liblady said:
what a load.
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Were you referring to my response to you?

If that's the best response you can muster, it illustrates quite plainly to your inability to respond effectively.
 
pugetsoundwa said:
Bush inherited a recession? I see you subscribed to the revisionist history told by Repubs. Bush should have been bashed for his spending as he and the party in control at the time called themselves Fiscal Conservatives.. Obama did inherite a Depression, who controled Congress for the last 14 of 16 yrs prior to him taking office??
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Revisionist? I think not...I will ofcourse agree that Republicans in Congress passed spending measures during their time that Liberals would have been proud of, spending like liberals for 6 years. But, least you forget Demo's took control in '06, and the current recession which is time lined back to its start in '07 to the present. Much of which was caused by a bubble in housing lending which IMHO can be directly traced back to demo's and their push for everyone to own a home whether they could afford it or not.

The CRA

Calls from demo's to block regulation of Fannie, and Freddie.


If any revision is going on here it is not from me I assure you....Take a look.


[ame="http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=player_embedded"]YouTube- Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis[/ame]


j-mac
 
pugetsoundwa said:
Bush inherited a recession? I see you subscribed to the revisionist history told by Repubs. Bush should have been bashed for his spending as he and the party in control at the time called themselves Fiscal Conservatives.. Obama did inherite a Depression, who controled Congress for the last 14 of 16 yrs prior to him taking office??
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Hello?

Is the Puget Sound connected to the rest of the real world?

Yes, Bush inherited a recession.

It was called the Clinton Recession, by some strange coincidence. That might be because the Clinton Recession started under Clinton as a direct result of his silly policies. But then again, maybe it's named after the former governor of New York. Whatever, Clinton ended his term in recession.
 
Dav said:
He's taken on some token supply-side ideas, but overall his approach has been overwhelmingly Keynesian.
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He is a Democrat.

And supply-side fails without a consumer (middle) class to purchase goods, so it's a balancing act of keeping money flowing to all parts of the economic body.
 
Winnb said:
What makes you think Obama's base wouldn't want to balance the budget? Many Clinton supporters were thrilled when he and the GOP balanced the budget.
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The Rapist President never balanced the budget.
 
Scarecrow Akhbar said:
The Rapist President never balanced the budget.
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And there you go dropping another hyperbole covered turd. Clinton wasn't a rapist. Do any of your posts ever contain truth or facts?

And with the help of a GOP Congress Clinton kept deficits under control and ended up doing a very good job of managing our government.
 
Kandahar said:
So you don't blame TARP/stimulus for the long-term deficit...you don't blame health care costs...you don't blame unemployment...you don't blame discretionary spending instituted prior to Obama's inauguration. What exactly DO you think is the cause? Do you have any thoughts whatsoever on the actual policies at stake here, or is your only thought "zomg obama sux lol"?
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Let me chime in here and see if I can help jog some partisan memories...

There was that war in Iraq that was supposed to pay for itself... How'd that work out?

And those tax cuts that flooded a deregulated market (Casino) with so much investment capital they had to invent new and creative unregulated ways to invest (lose) it... Seven Out..Craps!!

Oh, and that Medicare Prescription Drug, Improvement, and Modernization Act which the US Comptroller called "...probably the most fiscally irresponsible piece of legislation since the 1960s..."

And who could forget July 2008 when gas was $4.08/gal...

Thanks for the memories, W...:mrgreen:
 
bush, the only remaining defense for the obama crowd, which has tripled down on just about every one of his predecessor's failed economic policies

very revealing
 
Winnb said:
And there you go dropping another hyperbole covered turd. Clinton wasn't a rapist.
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You should learn your history before denying facts, shouldn't you?

You wanted to pretend the Rapist President had a budget surplus.

He didn't.

Now you want to pretend the Rapist President wasn't a rapist.

Facts say otherwise.

Study the real story about Billy "Kiss It" Clinton, okay? It all came out when he was impeached.

Winnb said:
And with the help of a GOP Congress Clinton kept deficits under control and ended up doing a very good job of managing our government.
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yes, with the aid of the GOP, the Democrats in Congress managed to pretend that Socialist Security Tax receipts for future expenditures counted as revenue and future obligated Socialist Security outlays did not count as liabilities, and thus were able to show a phony "surplus". By using methods that put people like Ken Lay in jail.
 
pugetsoundwa said:
We got into the Depression because of Repubs and their under regulations. Hoover had a hands off approach that caused more damage. Off you and those like you want a similar hands off approach after its been proven to fail.:shock:
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Actually, one of the main causes of the Great Depression was stocks being sold on margin, that is, you could own the whole stock if you paid about 10 percent for it up front. The bubble created was so huge that, once it burst, the market didn't reach that same level again until the 1950's.
 
Scarecrow Akhbar said:
You should learn your history before denying facts, shouldn't you?

You wanted to pretend the Rapist President had a budget surplus.

He didn't.

Now you want to pretend the Rapist President wasn't a rapist.

Facts say otherwise.

Study the real story about Billy "Kiss It" Clinton, okay? It all came out when he was impeached.



yes, with the aid of the GOP, the Democrats in Congress managed to pretend that Socialist Security Tax receipts for future expenditures counted as revenue and future obligated Socialist Security outlays did not count as liabilities, and thus were able to show a phony "surplus". By using methods that put people like Ken Lay in jail.
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Well at least now I know you're a waste of time. I'm pretty sure there's nothing the Dems have ever done right in your mind so I'll just move on. You and your hyper-partisan nonsense can waste someone else's time.
 
Winnb said:
Well at least now I know you're a waste of time. I'm pretty sure there's nothing the Dems have ever done right in your mind so I'll just move on. You and your hyper-partisan nonsense can waste someone else's time.
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Awwwww....Don't go away mad there Win. :roll:


j-mac
 
hazlnut said:
Let me chime in here and see if I can help jog some partisan memories...
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You mean rewrite history don't you?


There was that war in Iraq that was supposed to pay for itself... How'd that work out?
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Pretty damned good. haven't you heard? We won! And we didn't do such by talking nice to our enemies.


And those tax cuts that flooded a deregulated market (Casino) with so much investment capital they had to invent new and creative unregulated ways to invest (lose) it... Seven Out..Craps!!
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Those tax cuts are what spurred a 5% unemployment rate, helped dig out of Clinton's morass he left Bush, and kept the economy rolling along even though the demo's were doing everything they could to undermine everything from the administration. To include blocking regulation reform, and attacking the regulators that were screaming that Fannie, and Freddie were about to implode due to the programs that the demo's lauded, and placed in....


Oh, and that Medicare Prescription Drug, Improvement, and Modernization Act which the US Comptroller called "...probably the most fiscally irresponsible piece of legislation since the 1960s..."
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And the demo's tried to block it because they wanted a much larger program. I tell ya, it takes a lot of nerve for you to even type this, but I understand, its just regurgitation of talking points you pick up from MSNBC.


And who could forget July 2008 when gas was $4.08/gal...
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Unbelievable. Gas at $4. ++ in '08 was a direct response to demo's rattling their destructive sabers, with a demo controlled congress, they were talking of punishing the oil companies, setting a floor to pricing higher than that, and doing everything they could to stand in the way of our own energy independence, and you and others wonder why gas pricing was high? DRILL!!! Get government out of the way!!!


Thanks for the memories, W...
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You should be thanking him for real! But you libs won't be happy until you destroy this country.


j-mac
 
j-mac said:
Uh huh....From your own article....Maybe you missed it....





j-mac
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guess you missed the chart that shows the Bush recession of 2001 wasn't Clintons...
 
Scarecrow Akhbar said:
Hello?

Is the Puget Sound connected to the rest of the real world?

Yes, Bush inherited a recession.

It was called the Clinton Recession, by some strange coincidence. That might be because the Clinton Recession started under Clinton as a direct result of his silly policies. But then again, maybe it's named after the former governor of New York. Whatever, Clinton ended his term in recession.
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Nope the recession started in Mar 01..months after Clinton left...
 
Not a big believer in Obama's policy --- in fact, I doubt the yearly budget will do anything but grow, not reduce. It's quite funny though how this white house spends trillions then speaks about spending freezes, signs a stimulus bill full of pork, then speaks out about how Congress has to control the pork, supports cap & trade, health care and supports big insurance company's but then wants a finanical responsibility summit, and who says there will be no lobbyists in THEIR White House but then makes exceptions and hires former lobbyists for key positions...

The native American's used to say that's speaking with a forked tongue. So this whole view that the budget will reduce by 2013... yeah...not buying it as the WH credibility right now is in the ****ter.
 
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