You have to be careful about using humor here - most people just do not get it. I am sure we will have right wingers try to pretend that the congress is to blame for this problem - despite it being the 5th time Bush has needed an increase in the debt ceiling. But the fact of the matter is that this administration has locked us into a costly war and a great many more disastrous programs that have seen spending skyrocket despite only moderate and short lived economic growth. Kind of contrasts with the Clinton years hey?
2007-09-19 16:23:55
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answer #1
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answered by Sageandscholar 7
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Look who the comedian is here, with this question!
The Real thing is that the Richest people around could care less about anyone who know what Work is, and how to get a job done properly for a business to stay succesful and stay alive.
If you take for instance, the crap going on in the Stock markets, and the games the more powerful people are doing there, is very cosmetic, to try to make everyone think there is lots of money to be spent, with a .25% drop of Rates.
I dont think so, this is not the Greenspan years any longer, when we did not have debt, thank you Clinton Years.
We are so far in Debt now, that you can keep dropping the interest rates, and making everyone feel good, and jump the markets up for a couple weeks each time, but in the longer runs less than a year, the markets will mostly be going down to the 12,000 level or less by March of 08 in my opinion. Americans we waste, and waste and do stupid things with our money and power.
We are the second most wasteful country in the world, china is #1. So grow up when looking for a certain group of people to blame, maybe you want to look in your pockets and check out your bank numbers Etc. first.
I grew up in a small town Very Democratic family way here in the midwest.
We all dont barrow money, we grew up that if you cant afford to buy it now, then the answer is NO. make do with what you have, look for better ideas to make do with what you have, live within your Means!!!
2007-09-19 16:41:33
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answer #2
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answered by kjokergo11 3
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Well did you read the article? If you did you should have noticed that most of the deficit was because of the tax cuts which the republicans pushed through and the war - which they continue to support even though it has actually made us LESS safe from terrorism.
And maybe I could remind you that The increases in spending have primarily been during the Reagan, Bush Sr., and Bush Jr. administrations. We actually did have spending cuts and a budget SURPLUS under Clinton. As for tax cuts: they've done little if anything to help our economy. The more important factors which have kept our economy somewhat stable have been the interest rate cuts by the Feds, the huge deficit spending (which will eventually have to be repaid) and the general robust international economy.
2007-09-19 16:14:23
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answer #3
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answered by Anonymous
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This is Republican debt and a Republican war. Bush has never seen a balanced budget, and he goes to congress every month or so to ask for another $100 BILLION!
Bush has a deficit of 4 TRILLION! Don't blame that one on us, and you can look and see how good Republicans are fiscally, and it doesn't even count the war.
I love it, you have a Republican president and a Republican House and Senate for 12 years and you want to blame liberals!!
http://www.uuforum.org/deficit.htm
I did not read all of it, but how quickly they try and blame Democrats, and we haven't even had a budget submitted to Congress!
" loved this part , "withdrawing investments from certain trust funds " Those certain trust funds are Social Security as usual, that they never pay back and then claim it is going to be bankrupt. Well of course it is, they stole all the money! It should be invested, but no!!!!!! This is like the 2nd or 3rd time they will have had to raise the limit!
2007-09-19 16:14:04
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answer #4
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answered by cantcu 7
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Do you have a reading comprehension disorder? Do you bother to read your own source of information? I quote in part. "That boost of $850 Billion would be the fifth increase in the government's borrowing limit since President Bush took office in 2001." Clinton handed him a surplus when he left office which Bush and Co promptly squandered.
2007-09-19 16:23:34
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answer #5
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answered by Anonymous
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Everyone does deficit spending. If anything, Bush has done more than anyone else. Take a look at the national debt sometime, compare it to what it was 7 years ago. Believe me when I say, you wont even be able to compare that number to the number that "liberals" are borrowing.
2007-09-19 16:11:37
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answer #6
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answered by whiteflame55 6
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yeah because the $600 billion (that's billion with 'b') the Republicans spent on the war in Iraq was well spent. we got all thier WMD's (that they didn't have), liberated the Iraqi people from a ruthless dictator (which they didn't ask or want us to do), created democracy and freedom in Iraq (and a new terrorist stronghold along with civil war and instability). I think the Republicans can stop making spending decisions now!
2007-09-19 16:10:49
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answer #7
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answered by handygirl 3
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particular, you're a hundred% incorrect you ought to income how the banking gadget works and why it grow to be created. you ought to income economic concept to work out the courting between liquidity interior the economic gadget and improve. I deduce out of your paragraph on commencing a employer as a thinly veiled attempt to simplify what deficit spending is. as quickly as back you ought to income the end results of leverage on economic improve. particular, Osama Bin encumbered had continually commonly used that he ought to no longer defeat us with weapons.
2016-10-19 04:10:13
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answer #8
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answered by ? 4
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I think it's all a vast global conspiracy to make Bush look bad, don't you?
I know the liberal media quite well, all 3 of them. We meet for coffee.
2007-09-19 16:08:03
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answer #9
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answered by Anonymous
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I thought liberal Clinton left the country with a surplus of money. Gee, I wonder what happened to all of that???
2007-09-19 16:07:05
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answer #10
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answered by Anonymous
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