House Democrats propose $410B spending bill

Reverend_Hellh0und · 02-25-09, 09:49 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.

Double digit inflation, 24% interest rates. Yeah, everything was great!

Goobieman · 02-25-09, 09:50 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?

The US is not on the verge of economic collapse. You're buying into the hype, just as The Obama hoped you would.

Quote:

And please, stop it with the personal dramatics.

Says he who claims the US is on the verge of collapse.

American · 02-25-09, 09:55 AM

The current situation is not as bad as the Carter years, and we survived those.

zimmer · 02-25-09, 10:29 AM

Quote:

Originally Posted by Orius

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.

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.

ARealConservative · 02-25-09, 10:32 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.

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.

Goldenboy219 · 02-25-09, 11:24 AM

Quote:

Originally Posted by American

The current situation is not as bad as the Carter years, and we survived those.

Your kidding right

Reverend_Hellh0und · 02-25-09, 11:25 AM

Quote:

Originally Posted by Goldenboy219

Your kidding right

How about real world feelings?

Interest rates?

Inflation?

Gas lines?

How has this recession affected you or others personally like the carter one?

Goldenboy219 · 02-25-09, 11:29 AM

Quote:

Originally Posted by Reverend_Hellh0und

How about real world feelings?

Interest rates?

Inflation?

Gas lines?

How has this recession affected you or others personally like the carter one?

You are describing a completely different animal. I am pertaining to wealth decline.

Reverend_Hellh0und · 02-25-09, 11:52 AM

Quote:

Originally Posted by Goldenboy219

You are describing a completely different animal. I am pertaining to wealth decline.

But is it not still "economy" and real world effects?

Remember the "misery standard"

americanwoman · 02-25-09, 11:57 AM

Quote:

Originally Posted by Reverend_Hellh0und

How has this recession affected you or others personally like the carter one?

I have no idea how to compare the two. I wasn't alive then.

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

02-25-09, 09:55 AM	#43
American Constitutionalist Join Date: Mar 2006 Last Seen: Today 08:24 PM Location: VA Posts: 14,795 Thanks: 2,994 Thanked 2,960 Times in 2,054 Posts Lean: Conservative Gender:	Re: House Democrats propose $410B spending bill The current situation is not as bad as the Carter years, and we survived those.
	__________________ "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

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