House Democrats propose $410B spending bill

Goobieman · 02-25-09, 08:51 AM

Quote:

Originally Posted by zimmer

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.

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.

zimmer · 02-25-09, 08:53 AM

Quote:

Originally Posted by chevydriver1123

I think the better question would be: Where is the money coming from???!!!

Who else? The same suspects. Normal Americans will have to pay, pay, apy.

Meet The American Worker
YOUR GOVERMENT >

"Hi', put your gun down... I'm from the government and I want to "help".

independent_thinker2002 · 02-25-09, 09:04 AM

Moderator's Warning:

Duplicate thread merged.

Hugh_Akston · 02-25-09, 09:06 AM

Quote:

Originally Posted by Middleground

The world's economy is on the brink of collapse and you say it was worse in the early 80s?

M'kay.

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.

Orion · 02-25-09, 09:15 AM

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.

Goobieman · 02-25-09, 09:19 AM

Quote:

Originally Posted by Orius

Can someone with some economic background please explain to me the point of this continued spending?

So that the Democrats can gain and retain as much political power as possible.

Middleground · 02-25-09, 09:39 AM

Quote:

Originally Posted by P/N

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.

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.

Apart from the depression in the 30s, there as never been a time as dire as today.

Hugh_Akston · 02-25-09, 09:41 AM

Quote:

Originally Posted by Middleground

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.

Apart from the depression in the 30s, there as never been a time as dire as today.

Ah yes, I can see how someone who lives in Canada can gauge what it's like to live in the US.

American · 02-25-09, 09:43 AM

Anyone here ever handle an earmark?

Middleground · 02-25-09, 09:48 AM

Quote:

Originally Posted by P/N

Ah yes, I can see how someone who lives in Canada can gauge what it's like to live in the US.

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)

02-25-09, 09:15 AM	#35
Orion Via Negativa Join Date: Jun 2008 Last Seen: Today 09:52 PM Location: Canada Posts: 5,043 Thanks: 1,421 Thanked 2,085 Times in 1,270 Posts Gender:	Re: House Democrats propose $410B spending bill 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.
	__________________ "All men dream, but not equally. Those who dream by night in the dusty recesses of their minds, wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may act on their dreams with open eyes, to make them possible." T. Lawrence

02-25-09, 09:43 AM	#39
American Constitutionalist Join Date: Mar 2006 Last Seen: Today 09:37 PM Location: VA Posts: 14,808 Thanks: 2,997 Thanked 2,961 Times in 2,055 Posts Lean: Conservative Gender:	Re: House Democrats propose $410B spending bill Anyone here ever handle an earmark?
	__________________ "Laws are made for men of ordinary understanding and should, therefore, be construed by the ordinary rules of common sense. Their meaning is not to be sought for in metaphysical subtleties which may make anything mean everything or nothing at pleasure." -- Thomas Jefferson יהוה

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

The Following 2 Users Say Thank You to Goobieman For This Useful Post:
Truth Detector, zimmer

The Following User Says Thank You to independent_thinker2002 For This Useful Post:
zimmer

The Following 2 Users Say Thank You to Hugh_Akston For This Useful Post:
Reverend_Hellh0und, Truth Detector

The Following User Says Thank You to Orion For This Useful Post:
zimmer

The Following User Says Thank You to Goobieman For This Useful Post:
Truth Detector

The Following User Says Thank You to Hugh_Akston For This Useful Post:
Truth Detector