Author
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Topic: Who and What caused the deficit,
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Node Knowflake Posts: 2004 From: 1,981 mi East of Truth or Consequences NM Registered: Apr 2009
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posted August 20, 2012 03:19 PM
By Senator Bernie Sanders:August 15, 2012 "Our Republican friends are deeply, deeply concerned, as you know, about the deficit," Sen. Bernie Sanders said, with a hint of sarcasm, during an interview Wednesday with radio host Ed Schultz. "If that's the case, you might want to ask them why it was that when Clinton left office in January 2001, before Bush took office, we had a $236 billion surplus. And what was Paul Ryan's concern about the deficit when he voted for the war in Iraq, and the war in Afghanistan? He forgot to pay for it. I didn't hear any concerns about the deficit. Did you? And then he gave a trillion dollars in tax breaks to the top 2 percent over 10 years - didn't worry about the deficit there. He voted for the Medicare Part D prescription drug program written by the insurance companies and the drug companies - not paid for. So I find it somewhat hypocritical that these guys like Ryan, who are so worried about the deficit now that you've got to cut Medicare... destroy Medicare, make massive cuts in Medicaid, in education, force elderly people to pay more for prescription drugs because they are so worried about the deficit. But when it came to voting for tax breaks for the rich and wars, they weren't worried about the deficit. "I think you've got just an enormous level of hypocrisy there," Sanders said. Watch - Republican Deficit Hawk Hypocrites IP: Logged |
katatonic Knowflake Posts: 8732 From: Registered: Apr 2009
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posted August 21, 2012 05:05 PM
leona helmsley's famous observation:TAXES ARE FOR THE LITTLE PEOPLE goes hand in glove with romney's assertion that while HIS word on what he's paid is PLENTY of evidence, harry reid should expose his sources for thinking otherwise. IP: Logged |
katatonic Knowflake Posts: 8732 From: Registered: Apr 2009
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posted September 02, 2012 06:21 PM
http://www.thedailyshow.com/watch/wed-february-22-2012/bruce-bartlett it may be the daily show but bruce bartlett, an economist who worked with reagan, has a humourous sense of the serious.. IP: Logged |
jwhop Knowflake Posts: 5723 From: Madeira Beach, FL USA Registered: Apr 2009
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posted September 02, 2012 07:55 PM
Only one thing wrong with Bernie's Socialist assessment. Oh, but it a very Big, Big, Big something.O'Bomber's deficits are far, far, far and away larger than the measly little deficits O'Bomber and Bernies used to whine, moan, screech and shriek about under Bush. In fact, O'Bomber's deficits are up to 4 TIMES THE SIZE OF BUSH'S BIGGEST DEFICIT IN 8 YEARS OF HIS ADMINISTRATION Kind of gives rational people gas to hear Socialists whine about the Bush deficits with O'Bomber's hanging out there in plain sight for everyone to see...except that the usual suspects don't want to see them and keep their eyes firmly shut! Oh, and guess what? There were 2 wars going at the same time in the Bush years too. Yep, that's fact. Oh, and 9/11 happened during the Bush years and knocked the props out from under the recovering economy..recovering from the Clinton recession. That sent tax revenues down..and added to the deficits too. But, Bush cut taxes across the board for all income tax brackets, cut corporate tax rates, cut the death tax and the economy boomed. Tax revenues to the federal government were increased and the Bush deficits were no where near what the Marxist Messiah is running up. Perhaps the Marxist Messiah needed some economic lessons from BUSH. Too late now! IP: Logged |
Node Knowflake Posts: 2004 From: 1,981 mi East of Truth or Consequences NM Registered: Apr 2009
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posted September 02, 2012 08:39 PM
The fiscal legacy of Bush II will be felt for years to come. If congress doesn't fix the revenue problem, decades.Students of fact know this. Were any of the Bush camp at the convention? Nope. Cheney, Powell, Rove, Rumsfeld? Was the Bush name even spoken in whispers? Nope. Was $ister $arah there? Nope. They are an embarrassment, equivalent to an antivote. Republicans assert that Obama assumed sole responsibility for the budget on Jan. 20, 2009. From that date, all increases in the debt or deficit are his responsibility and no one else’s. Nonsensical rubbish. Americans know who and what is to blame. ------------------ "Never let the weeds get higher than the garden."~ Tom Waits
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AcousticGod Knowflake Posts: 6587 From: Pleasanton, CA Registered: Apr 2009
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posted September 02, 2012 10:11 PM
I agree. No sense in talking about rational people if you aren't in touch with rational people, Jwhop. How about that Simpson-Bowles recommendation that RYAN helped defeat? Republicans do have their hands on every spending deal to come out of this White House. Jeb Bush recently stated that raising revenue should be on the table, a truth his dad knew as well. IP: Logged |
katatonic Knowflake Posts: 8732 From: Registered: Apr 2009
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posted September 03, 2012 01:23 PM
you continue to pretend that a large part of "obama's" deficit is not just bush's deficit that was conveniently left off the books until obama came in and tallied the damages.you also refuse to admit that bush left the oval office and a country HEMORRHAGING JOBS and that obama's record includes the REPLACEMENT of about half those jobs, and the assistance to those left jobless so that they can also re-find work. you are stuck in denial, the first phase of recovery from loss, with one foot in anger, the second. time to move on. IP: Logged | |