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CBO: Obama budget underestimates deficits by $2.3 trillion over upcoming decade
#11
Hoot Gibson Wrote:Do you read or watch the news, BillyB? Do you have any clue as to what the deficits were during the previous periods that Republicans controlled the House (or the White House) versus what happened under Pelosi in the House and Obama in the White House? If you did, then you would not sound so foolish talking about government spending.

If Republicans in the 90s "blew money like drunken sailors," and Democrats and Obama have more than tripled the annual budget deficits on their watch, what does that make them?

I would post a graph of the budget deficits of Democrats and Obama juxtaposed against the budget deficits under Bush and the Republican House, but people who can read bar charts are probably tired of seeing them.

Notice how it is easy for me to give Bill Clinton credit for being able to work with House Republicans and how impossible it is for you to reciprocate? You seem to be the lone holdout willing to criticize past Republican spending in the face of the mountain of debt accumulated on Obama's watch.

I agree that both parties have and continue to spend, borrow, and tax too much but there is absolutely no way you can logically ridicule Republicans' spending and not paint Obama and the Democrats with an even bigger brush.

Of course anybody who can support Obama in lockstep and belittle any Republican's intelligence or competence has lost touch with reality, IMO. You carry the idea of supporting a party, right or wrong, to an illogical extreme.


You and I agree on the first part in the Bold

I can criticize because my party would not do it. We would get rid of the IRS,Department of Energy, Department of Education (a state's issue), Reduce military spending, phase out Medicaid, Wealth-Fare, and Medicare. We would end giving money to third world countries, we would shut down the 90 military bases around the world. We would end giving tax breaks to those married or to oil companies, we end giving out money to private enterprises so they can jump start something the public does not want. We also would not have given money to TARP. We would also try to end the Federal Reserve Bank. You know some of things republicans promise to do, but never do. We would also allow anyone to choose their own health insurance, even out of state, again something the republicans would never think of. Just to name a few things. As I my voting record indicates I do vote for this way of thinking.

The republican party is a sham, a disgrace, earmark this, earmark that, give Hala-burton money, bail out failing companies with federal money. Give money to Boeing for some secret super plane, that apparently cost $40 Billion Dollars. (the last contract signed with the US). Another example 2004, prescription drug benefit for seniors,S.Ky. Hey, it will do great for wal-mart and the big boys though Wal-Greens and Rite-Aide, killing small business owners in the same market and I thought republicans care about small business owners because they lead to jobs. :please:

Now Hoot is right, the democrats are worse in these areas. However, a small deficit, is still a deficit. If I have a continuous deficit lets say eight years, you know what happens BANKRUPTCY! But it is ok cause we are at war... or nation building... question if we were at war, we would turn everything in our path into rubble, but we won't, so are we really at war or our troops being used to so some in the US can get contracts to build Iraq? Either way, it is not our troops fault, they are the best and deserve my up most respect and they will always have it. (sorry about that rant, back on target)

When did the law of economics change? I thought if you spent more than you make, you will go under. It doesn't matter how much more you spend then you make, or if you spend just a little more than what you make, you are still spending more.

So in those terms that is why I say there is no difference in the parties. I have again showed you a way that is different than the two main options out there. Join ME:biggrin:
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CBO: Obama budget underestimates deficits by $2.3 trillion over upcoming decade - by tvtimeout - 03-23-2011, 09:26 AM

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