I had another thread which gives all the numbers, and I discussed this earlier in the thread, yet certain challenged citizens still can only stand there and yell "reagan, bush, wars" . It's as if instead of a brain, they have been given a 'see-and-say' toy.
I would agree except that national culture and the individual's personal values are the rest of the story. Monoculturalism has shown to be helpful, instead of the liberal temple of multiculturalism. The historical trend is very clear though, too much socialism chokes off economic growth and creativity. About the only nations moving left right now are the US and Venezuela.
I i have not read that thread so please post a link to it.I am very curious as to why you have no problems with Bush and Reagan spending trillions upon trillions of other peoples money but have such a stick in your ass about Obama doing it Maybe its racial.White man spends OPM money on other rich white men,you have no problem with that.Black man spends OPM money on programs that help minorities and the poor and then all of a sudden you have a problem
You guys really can't form a coherent argument can you? First of all the DoD is not a social welfare organization so it does not attempt redistribute, and it is mandated in the constitution. Second of all, the racial argument is quite stupid because if you want to group people by race, the white man has most of the wealth and pays almost all the taxes so it is impossible for the white man to even obtain OPM. Third, minorities use the DoD to get jobs and training and are overrepresented there, so the DoD is actually a wealth transfer to minorities. It's quite clear they use it a social opportunity since they are underepresented in combat units. It's the white boys that do all the dying. The numbers are not even close, not even close ! Just Obama's sneak increase in social welfare alone, under the guise of stimulus, could fund the wars. The wars are peanuts compared to what has been spent and what is obligated to social welfare. What is it with you guys, do they fill your head with cliches and then shut off the input port? http://www.elitetrader.com/vb/showthread.php?s=&threadid=197394 The deficit triples, we are headed to 90% debt/GDP, and he wonders why I have stick up my ass
Fable of the day: The locust is a species that can breed rapidly under suitable conditions and subsequently become gregarious and migratory. You cannot teach a locust to eat less by giving him more. Farmers that attempt to "help" the locust population by feeding them soon find themselves without any crops for themselves, or the locust. The farmer cannot expect the locust to figure this out on their own. A locust will do what locust's do. They eat and breed. The question is, who will run the farm? The farmer or the locust?
thank bush for most of that: The story of todayâs deficits starts in January 2001, as President Bill Clinton was leaving office. The Congressional Budget Office estimated then that the government would run an average annual surplus of more than $800 billion a year from 2009 to 2012. Today, the government is expected to run a $1.2 trillion annual deficit in those years. You can think of that roughly $2 trillion swing as coming from four broad categories: the business cycle, President George W. Bushâs policies, policies from the Bush years that are scheduled to expire but that Mr. Obama has chosen to extend, and new policies proposed by Mr. Obama. The first category â the business cycle â accounts for 37 percent of the $2 trillion swing. Itâs a reflection of the fact that both the 2001 recession and the current one reduced tax revenue, required more spending on safety-net programs and changed economistsâ assumptions about how much in taxes the government would collect in future years. About 33 percent of the swing stems from new legislation signed by Mr. Bush. That legislation, like his tax cuts and the Medicare prescription drug benefit, not only continue to cost the government but have also increased interest payments on the national debt. Mr. Obamaâs main contribution to the deficit is his extension of several Bush policies, like the Iraq war and tax cuts for households making less than $250,000. Such policies â together with the Wall Street bailout, which was signed by Mr. Bush and supported by Mr. Obama â account for 20 percent of the swing. About 7 percent comes from the stimulus bill that Mr. Obama signed in February. And only 3 percent comes from Mr. Obamaâs agenda on health care, education, energy and other areas. If the analysis is extended further into the future, well beyond 2012, the Obama agenda accounts for only a slightly higher share of the projected deficits. http://www.nytimes.com/2009/06/10/business/economy/10leonhardt.html?_r=1
Lawrence O'Donnell Admits: ObamaCare Will Enact Largest Tax Increase Ever By Alex Fitzsimmons Wed, 03/17/2010 - 12:55 ET "ObamaCare constitutes the largest tax increase in American history and shatters the previous record, admitted self-described socialist and MSNBC political analyst Lawrence OâDonnell yesterday. When MSNBC anchor Joe Scarborough asked OâDonnell about the overhaul bill on his radio show, OâDonnell said ObamaCare raises taxes by almost $500 billion. Obamaâs historic tax increase nearly doubles the previous record-setting tax that OâDonnell helped craft as Democratic Chief of Staff to the Senate Finance Committee during the Clinton administration. Even OâDonnell conceded that proposing the largest tax increase in American history during a painful recession and double-digit unemployment was a foolish misadventure. âWe liberal Keynesians do not raise taxes in recessions,â said OâDonnell. âWe raise taxes when youâre making money. Thatâs when we raise taxes. And we love to do it.â On the subject of groundbreaking admissions, remember when OâDonnell criticized the âunprecedentedâ use of reconciliation to pass ObamaCare. A transcript of the exchange between Scarborough and O'Donnell, which aired yesterday and was replayed on today's "Morning Joe," can be found below: JOE SCARBOROUGH: Lawrence OâDonnell, you were part of the largest tax increase of all-timeâ LAWRENCE OâDONNELL: âThe biggest. SCARBOROUGH: âwith Bill Clinton. 250 billion dollars. You say Barack Obamaâs health care bill will double thatâ OâDONNELL: âAlmost SCARBOROUGH: âand will raise almost 500 billion dollars. OâDONNELL: And do soâand hereâs the really important economic principle thatâs shocking for anyone whoâs take the introductory course: theyâre going to do it in a recession. You know... OâDONNELL: We, we, we liberal, we liberal Keynesians do not raise taxes in recessions; we raise taxes when youâre making money. Thatâs when we raise taxes. And we love to do it. SCARBOROUGH: And Lawrence does love to do it. MIKA BRZEZINSKI, co-host of âMorning Joeâ: Very good point. SCARBOROUGH: But how fascinating, though, Lawrence, the liberal, has given Republicans a great talking point. Largest tax increase ever, in the middle of a recession, when real unemploymentâs in double digitsâthatâs probably where the debateâs going to be and not on the slaughter rule this fall."