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Thread: Palin dismisses Geithner warnings about debt ceiling

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by DemonMyst View Post
    Right.. That is why the economy stalls as soon as the republicans take the house back.. That is why 8 millions jobs were lost under Bush despite $320 billion a year in tax cuts given to the rich who supposed to use that money to create jobs according to republicans..

    So in a nutshell here.. You don't have a clue either..
    The recession started after the dems took back the majority in congress

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Why stop with the jobs created by Obama? Bush created more government jobs on a per month basis than Obama has.
    This one makes it easier to see. The final number of federal workers is 2.2 million. Let's just say bu-bye to the last 400,000 in the door.

    http://wac.0873.edgecastcdn.net/8008...dehaven291.jpg

    The chart shows the changes in government employment in these time periods.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Most of which was promptly ignored by the next Republican President.
    Knave? Or fool? I cannot tell which.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by DemonMyst View Post
    So why didn't you throw a fit when Bush had about a $20 billion a year surplus and didn't use it to pay the debt down?? Obama doesn't need to be shown anything.. Obama is trying to fix the economy that Bush destroyed.. What are you trying to do?? Make matters worse?? Do you think defaulting on our loans will help our economy at all?? Do you think that will help create jobs?? Do you think at all??
    Because there was no surplus

    The Myth of the Clinton Surplus

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    This one makes it easier to see. The final number of federal workers is 2.2 million. Let's just say bu-bye to the last 400,000 in the door.

    http://wac.0873.edgecastcdn.net/8008...dehaven291.jpg

    The chart shows the changes in government employment in these time periods.
    Fine, but why stop? Government was already huge before Obama. You said yourself that Bush was not Conservative, but you're not proposing to get rid of any growth in government that took place before Obama.

    Contrary to the GOP rhetoric, government growth and deficit spending were not phenomena invented by Obama.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Jaaaman View Post
    Rcart... here is a simple comparison. If you are maxed out on your credit cards, have a mortgage and car payments, and are spending more than you earn, see what happens when you walk into a bank and ask to increase your credit limits and loan amounts. Which one will cause you to leave the bank faster, the security escort, or the humiliation of being laughed out of the bank?

    And Sarah Palin is hardly the only politician who believes raising the debt ceiling is a bad idea. You're just trying to get in another quick Sarah Palin bash.
    This is a ridiculous analogy. Not raising the debt limit will do nothing but exasperate the deficit by raising interest rates on future borrowings. There is no proposed on the table, by anyone including Ryan, that would not have deficit spending for years (hence increasing debt). Even if you passed the Ryan budget today (which won't happen), you have to raise the debt ceiling.

    The correct analogy is that now that you have a credit card and mortgage, you just are going stop paying them. Raising the debt ceiling is not about incurring future debt, its about paying for the budget as it is: past, present and near future.

    Sorry, but anyone that thinks that not raising the debt ceiling is realistic is just not very well educated. The debt ceiling must be raised. Even those that are threatening to vote 'no' are only doing so to gain leverage (at least those with an IQ north of 100). It's a game of chicken... though some of us resent them playing chicken with the US economy.
    Last edited by upsideguy; 06-04-11 at 11:48 PM.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by ptif219 View Post
    The recession started after the dems took back the majority in congress
    Nice quip, but I think you are smarter than that.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Fine, but why stop? Government was already huge before Obama. You said yourself that Bush was not Conservative, but you're not proposing to get rid of any growth in government that took place before Obama.
    LOL. Pick a date you are comfortable with. Or. even better select whole departments for creative destruction. I prefer to do both. I would begin by eliminating the budget for all executive branch, federal jobs created after January 1, 2009. Let the departments decide whether or not to fire the people or reduce salaries. Then I would identify the department that has created the greatest number of new rules/regulations since January 1, 2009. I would repeal every rule by that department, abolish the department and sell the buildings. Repeat once per quarter as necessary until the economy once again flourishes. I would seek to recover the stimulus. Much of it went to the states to make sure public sector union jobs would not be cut. I would cut them. I would begin to defund the left. I would make it illegal for public sector unions to negotiate benefits. Then the whole nation would thrive.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by ptif219 View Post
    The recession started after the dems took back the majority in congress
    Explain how that came to be...please. In Feb 2008, Bush asked Congress for 164 billion stimulus money. And also I recall, in (ooops, not Aug, but rather) Oct 2008, Bush asked Congress for over 700 billion for TARP (a month before the Nov election for president). I guess that wasn't an indicator of things to come in the near future.

    It's impossible to draw a line in the political sand. It is a revolving door for cause and effect of which all political flavors share. They avoid admitting to that responsibility, but they can't ignore the facts. I hope that you don't either.
    Last edited by Removable Mind; 06-05-11 at 10:44 AM.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by upsideguy View Post
    Nice quip, but I think you are smarter than that.
    I take it you aren't familiar.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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