- Joined
- Sep 16, 2007
- Messages
- 9,796
- Reaction score
- 2,590
- Location
- out yonder
- Gender
- Male
- Political Leaning
- Slightly Liberal
Kinda looks like the republican talaban has taken over the grand old party and were headin for banana republic status at warp speed.
<There it sits, lonely and forlorn on my shelf. A leather-bound copy of the 1999 Budget of the United States of America. >
<The surpluses were so strong that deep into the future—in 2009—the entire national debt was going to be zero >
Then along came George the second.
<In full possession of the federal government for the first time since Eisenhower, the GOP—with, to be fair, some help from some very foolish Democrats—systematically dismantled the economic and fiscal policies that produced the strongest economy and largest budget surplus in our history. >
<cut taxes (with a heavy tilt toward the rich), waged two wars on the national credit card (one of which was against a country that had nothing to do with 9/11 and posed no serious threat to America), passed a prescription drug benefit with no pay-for (the first entitlement in American history without a revenue source), and deregulated Wall Street >
in conclusion
<As the economy teeters on the precipice of a double-dip recession, as millions of Americans search in vain for a job, as tens of millions of homeowners are underwater, as poverty soars and the middle class is hammered, the Speaker of the House is pushing a proposal that—let me repeat Greenstein's analysis—“could well produce the greatest increase in poverty and hardship in modern U.S. history.” >
Read more here.
http://www.thedailybeast.com/articles/2011/07/29/republicans-on-the-debt-ceiling-screwing-over-america.html?om_rid=NXa0v$&om_mid=_BONAKsB8chDdsU
<There it sits, lonely and forlorn on my shelf. A leather-bound copy of the 1999 Budget of the United States of America. >
<The surpluses were so strong that deep into the future—in 2009—the entire national debt was going to be zero >
Then along came George the second.
<In full possession of the federal government for the first time since Eisenhower, the GOP—with, to be fair, some help from some very foolish Democrats—systematically dismantled the economic and fiscal policies that produced the strongest economy and largest budget surplus in our history. >
<cut taxes (with a heavy tilt toward the rich), waged two wars on the national credit card (one of which was against a country that had nothing to do with 9/11 and posed no serious threat to America), passed a prescription drug benefit with no pay-for (the first entitlement in American history without a revenue source), and deregulated Wall Street >
in conclusion
<As the economy teeters on the precipice of a double-dip recession, as millions of Americans search in vain for a job, as tens of millions of homeowners are underwater, as poverty soars and the middle class is hammered, the Speaker of the House is pushing a proposal that—let me repeat Greenstein's analysis—“could well produce the greatest increase in poverty and hardship in modern U.S. history.” >
Read more here.
http://www.thedailybeast.com/articles/2011/07/29/republicans-on-the-debt-ceiling-screwing-over-america.html?om_rid=NXa0v$&om_mid=_BONAKsB8chDdsU
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