Re: Income, education, and Generation Y
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  Re: Income, education, and Generation Y
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Author Topic: Re: Income, education, and Generation Y  (Read 431 times)
MalaspinaGold
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« on: August 09, 2013, 10:12:51 PM »

I really hate it when conservatives whine about the budget deficit.

The deficit for budget year 2009 (which was 1/3rd in the Bush Administration) was $1.4 trillion. That was the highest deficit ever.

Projections are that the deficit will be somewhere between $600-800 billion (depending on whether you look at CBO or Obama Administration data.)
http://www.huffingtonpost.com/2013/07/11/us-budget-surplus_n_3581160.html

In other words, the deficit has shrunk by 50% since 2009. This also does not include a large part of the sequester. Once the sequester comes into full effect, the deficit will be all but gone.

http://www.usdebtclock.org/
As you can see on the debt clock, the deficit is continually shrinking at a very fast rate. When I checked this meter about this time last year, it was growing.

There are ample reasons for why there should be a reasonable federal debt. See Hamilton, Alexander. The theory is that if creditors have a substantial stake in a country, they will go to great lengths to keep that country from reverting to bankruptcy, or else the creditors lose their money. The debt does not need to be paid off anytime soon; at most a deficit should be eliminated, and inflation will take care of the rest.

Ever since WWII debt has been a staple part of American economics. Reagan himself tripled the deficit IIRC.
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barfbag
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« Reply #1 on: August 10, 2013, 01:02:00 AM »

Yes if you go by the huffington post you'll find all kinds of good news for Democrats. What else do you hate? Let it out we're listening.
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Indy Texas
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« Reply #2 on: August 11, 2013, 10:16:14 PM »

I would be more okay with conservatives whining about budget deficits if they did so consistently rather than only when a Democrat was in the White House.

And then there's the "Well Bush wasn't a real conservative" cop-out. You voted for him, didn't you? If he wasn't a real conservative, why didn't you vote for the Libertarian Party or the Constitution Party?
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barfbag
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« Reply #3 on: August 11, 2013, 11:23:14 PM »

I would be more okay with conservatives whining about budget deficits if they did so consistently rather than only when a Democrat was in the White House.

And then there's the "Well Bush wasn't a real conservative" cop-out. You voted for him, didn't you? If he wasn't a real conservative, why didn't you vote for the Libertarian Party or the Constitution Party?

Who the hell would vote for someone who has no chance at winning? The two party system allows for each candidate to have the greatest chance at winning without running unopposed. Voting for a third party is like throwing your vote away. Bush was a real conservative but like a lot of people on the right he supported more government and spending when it came to defense and homeland security. Republicans were concerned about the debt when Bush was in office too if you remember. Both parties accuse the other of running up our debt because what one party spends money on isn't the other party's concern. Talking about a problem as long as your party isn't in office is nothing new to politics. People act like they've never heard of partisanship.
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Indy Texas
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« Reply #4 on: August 12, 2013, 01:01:40 AM »

I would be more okay with conservatives whining about budget deficits if they did so consistently rather than only when a Democrat was in the White House.

And then there's the "Well Bush wasn't a real conservative" cop-out. You voted for him, didn't you? If he wasn't a real conservative, why didn't you vote for the Libertarian Party or the Constitution Party?

Who the hell would vote for someone who has no chance at winning? The two party system allows for each candidate to have the greatest chance at winning without running unopposed. Voting for a third party is like throwing your vote away. Bush was a real conservative but like a lot of people on the right he supported more government and spending when it came to defense and homeland security. Republicans were concerned about the debt when Bush was in office too if you remember. Both parties accuse the other of running up our debt because what one party spends money on isn't the other party's concern. Talking about a problem as long as your party isn't in office is nothing new to politics. People act like they've never heard of partisanship.

How many times have Democrats ever shut down the government or threatened to shut down the government when a Republican was in the White House?

And last I checked, giving old people prescription drug benefits without raising taxes to pay for them isn't under the umbrella of "defense and homeland security." It's currying favor with the olds to win Florida.
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barfbag
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« Reply #5 on: August 12, 2013, 06:22:23 PM »

I would be more okay with conservatives whining about budget deficits if they did so consistently rather than only when a Democrat was in the White House.

And then there's the "Well Bush wasn't a real conservative" cop-out. You voted for him, didn't you? If he wasn't a real conservative, why didn't you vote for the Libertarian Party or the Constitution Party?

Who the hell would vote for someone who has no chance at winning? The two party system allows for each candidate to have the greatest chance at winning without running unopposed. Voting for a third party is like throwing your vote away. Bush was a real conservative but like a lot of people on the right he supported more government and spending when it came to defense and homeland security. Republicans were concerned about the debt when Bush was in office too if you remember. Both parties accuse the other of running up our debt because what one party spends money on isn't the other party's concern. Talking about a problem as long as your party isn't in office is nothing new to politics. People act like they've never heard of partisanship.

How many times have Democrats ever shut down the government or threatened to shut down the government when a Republican was in the White House?

And last I checked, giving old people prescription drug benefits without raising taxes to pay for them isn't under the umbrella of "defense and homeland security." It's currying favor with the olds to win Florida.

Yes both parties do it. There were Democrats against the Medicare bill in 2003.
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