Just wondering what we all think here.
Edit: (I keep forgetting to select the button to show how we each voted.....could a mod change that if it's possible to do so?)
Real concern over the deficit.
It's a cynical attempt to slow/stop the economic recovery & win elections next November.
Mainly (1) but a little of (2)
Mainly (2) but a little of (1)
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Just wondering what we all think here.
Edit: (I keep forgetting to select the button to show how we each voted.....could a mod change that if it's possible to do so?)
Last edited by Devil505; 15th February 2012 at 03:47 PM.
He has all the virtues I dislike and none of the vices I admire.
Winston Churchill
Has to be cheap election year politics.
Bush spent more money than God, and none of the Republicans seemed to care, so why should we believe they suddenly care now?
Nah man, it's amazing this stuff still works with "the base" or whatever - some of these people must be awful damn stupid (or just ignorant - or a little of both probably).
TennesseeRain (28th February 2012)
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I think its just bull... I don't think it's specifically to slow the economic recovery though. I think that they just want to rediect the spending to what they like, then say they cut spending pointing at the Democratic friendly stuff they cut, while ignoring the Republican friendly stuff they spent on.
When it comes to GOP stupidity, there's no need to make stuff up.
Babba (15th February 2012)
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Chief (16th February 2012)
I think it is none of those options and has a little something to do with $75 trillion in promised Medicare and Social Security benefits while being in debt up to 100% of GDP and still having trillion dollar a year deficits.
Plenty of Republicans care. When Republicans leadership does not follow through on budget issues, the supports starts falling away or even causes third party splits.
George H.W. Bush agreed to raise taxes during a recession. Newt Gingrich helped lead the Republican Contract with America Revolution. At the same time Ross Perot and Pat Buchanan attacked Bush on both on matters of populism and fiscal restraint. Ross Perot and his pie charts represent the segment of Republicans that want our fiscal house in order. In 1996 Perot and Buchanan showed up again but didn't have as much steam because Congressional Republicans had actually gone to great lengths to win concessions toward balancing the budget. Bush was elected in a prolonged and damaging manner involving the courts and multiple selective recounts. At the same time the tech bubble popped and the country fell back into recession. Add to that the fact that one Republican, Jeffords, switched in the Senate and gave Democrats control of that branch. Bush passed a limited tax cut. We also had 9/11 happen and it caused an estimated trillion dollars worth of fiscal damage just in one day.
Given all of that, the recession and wars, the financial picture did reverse and start going back into deficit. It hit over $400 billion and Republicans were scrambling to fix the problem. Meanwhile Democrats were running on fiscal responsibility declaring they would stop the spending. They ran on PAYGO, ran against earmarks, ran on stopping wars and spending the peace dividend on savings and domestic programs. That message won over the Perot/Tea Party/Fiscal Republicans who gave them the House and Senate in 2006. They had one year of spending shrinkage and afterwards the spending started shooting up well beyond even previous, terribly irresponsible Republican levels. Obama claimed he would fix and bring together both sides, (someone should go back and find his inaugural speech) and instead he immediately began spending a trillion plus a year in excess of what was gathered via taxes. The same Perot/Tea Party/Fiscal Republicans left Hope, Change and History behind in 2010 and gave the House back to Republicans. Now here it is 2012 and it looks like no one will really be able to stop the open faucet that is federal spending. It has now reached 40% of GDP and anyone who can prove they will stop it with a sound plan and conviction they will pursue it can probably win the presidency. Sadly it doesn't appear that exists out there.
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great post @trumptman
Deficit hawks make up one portion of the GOP that happens to be in ascendency at the moment. Were they to win election, those folks would be told to sit in the back and let daddy (the other factions) drive. The deficit haws would probably pitch a fit, of course, and then who knows what would happen. It is astounding just how quickly politicians can turn around and decide that the things that bothered them aren't such a problem when they are in power.
No way they want to tank the economy, not at this point. They'd rather things don't work out too well, but it's not in their interest to see things get a lot worse, even in the short term.
http://www.newyorker.com/reporting/2...#ixzz1mzxuiVUmEven when alternative views are clearly wrong, being exposed to them still expands our creative potential. In a way, the power of dissent is the power of surprise. After hearing someone shout out an errant answer, we work to understand it, which causes us to reassess our initial assumptions and try out new perspectives. “Authentic dissent can be difficult, but it’s always invigorating,” Nemeth says.
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We simply disagree here.
This I agree with & all their efforts are to ensure that "things don't work out too well."
I think it's very much in the political interests.
Who would a stronger economy help next November?
Last edited by Devil505; 15th February 2012 at 07:15 PM.
He has all the virtues I dislike and none of the vices I admire.
Winston Churchill
http://www.newyorker.com/reporting/2...#ixzz1mzxuiVUmEven when alternative views are clearly wrong, being exposed to them still expands our creative potential. In a way, the power of dissent is the power of surprise. After hearing someone shout out an errant answer, we work to understand it, which causes us to reassess our initial assumptions and try out new perspectives. “Authentic dissent can be difficult, but it’s always invigorating,” Nemeth says.
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