Jump to content

Skyrocketing Deficits, Unemployment


Recommended Posts

$459 billion. Obama's first deficit was $1.2 trillion.

What does it matter what it is spent on? No, sir, you can't use that "one-off" argument when Bush's deficit spending was caused by 9/11 and the War in Iraq, not by attempting to increase the size and scope of government.

That's like a fat guy saying, "I'll go on a diet after this pie-eating contest."

Show me where economists agree to a consensus on ANYTHING? We can look at history and see that government spending did nothing to get us out of the Great Depression. Creating "make work" jobs and bloating GDP numbers with unsustainable government spending is not how you avoid a Depression scenario, but we seem to following the same FDR policies which wound up making the Depression even worse. It took a 4-year war where rationing and sacrifice and jubilation of winning spurred an economic boom.

I don't need any talking points, sir. I am an educated man and can think for myself.

My aplogies sir, I will keep an eye out for that in the future.

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. Please review our full Privacy Policy before using our site.