What did Obama spend the money on?

Discussion in 'Politics' started by alexb123, Jul 23, 2011.

  1. madanthonywayne Morning in America Registered Senior Member

    That is revisionist crap. The cause of the boom in the nineties was not Clinton raising taxes. We had dirt cheap gas back then due to a drop in demand in Asia. We had the peace dividend due to the end of the cold war. We had the internet bubble. A lot of factors converged to create the nineties boom, the least of which would be a tax increase.

    As to Bush, the economy was fine for most of his term and the 2008 downturn had little to nothing to do with the tax cut.
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  3. pjdude1219 The biscuit has risen Valued Senior Member

    if you think that than your an idiot and a fool. or did you think their would be no cost involved in cleaning up after the policies you so love failed yet again. yesz the debt has gone up under obama but not because his policies are flawed but cleaning up after your right wingers idiocy is expensive. the republicans taking over probably doomed us not saved us.

    you want an orgy of spending vote republicans( average rate of spending increases 33% higher under republican rule) but please don't blame obama for the costs of your ideologies failings.
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  5. pjdude1219 The biscuit has risen Valued Senior Member

    and tax cuts don't stimulate the economy. it is a mathmatical impossibility
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  7. iceaura Valued Senior Member

    No, it doesn't. And they weren't, as shown. And you are lying when you assert, in the face of repeated demonstration to the contrary, that they were. Fraggle and other mods have threatened posters with banning, for your troll behavior exhibited there.
    The party in complete control of the Justice Department, State Department, Interior Department, and the other executive agencies involved, did more than make "mistakes" and exhibit neglect - they went out of their way to abet the crimes, and prevent anyone from interfering with the criminals.

    W's administaration went out of its way to block a belated effort by a coalition of States to rein in the mortgage lending scams, for example.
    No, they weren't. The economy under W was anemic, sluggish throughout - few jobs were created, and wages fell.

    And 9/11 didn't have much to do with that. The economic harm from it was relatively small - unless you count the wars, and those were executive doings ("unforced errors", in tennis parlance).
    So? Didn't hurt. And cutting them has never helped. Tax cuts for the wealthy have never produced real economic growth in the US. And there's no reason they ever will.

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