kyzr
Diamond Member
The past is prologue...
I remember the same whiny bullshit when Clinton wanted to raise taxes a few percent. Then the GOP took over congress in 1994 and started cutting spending. What happened was a balanced budget and a glide-path to paying off the Debt....up until the dems passed the Community Reinvestment Act, which set the stage for the financial collapse.....more on this later....
The what happened on the way to prosperity?
The Bush Tax cuts and several wars and "The American Jobs Creation Act" (which actually gave tax breaks to move factories overseas) happened and .....before ......Bush ....could......leave.......office......the U.S. economy collapsed!!!
With his tax cuts still in-place, his failure to fix the dems' messes in Fannie & Freddie and his own fiscal screw-ups all combined to crash the U.S. economy, Bush slinked out of D.C. I wish Greenspan was under it when it collapsed (picture the "wicked witch of the west") because the "maestro" was a clown.
In comes Obama who wins simply because the GOP failed spectacularly....then proceeds to heap more debt on the taxpayers...can't blame the dems entirely.....they were given a totally fucked-up economy to deal with.
So I tend to disagree with both sides on how to fix the economy, IMHO its tax the rich, especially the ones with off-shore accounts, cut spending to manageable levels, and make tax breaks to create domestic jobs not to outsource them.
I remember the same whiny bullshit when Clinton wanted to raise taxes a few percent. Then the GOP took over congress in 1994 and started cutting spending. What happened was a balanced budget and a glide-path to paying off the Debt....up until the dems passed the Community Reinvestment Act, which set the stage for the financial collapse.....more on this later....
The what happened on the way to prosperity?
The Bush Tax cuts and several wars and "The American Jobs Creation Act" (which actually gave tax breaks to move factories overseas) happened and .....before ......Bush ....could......leave.......office......the U.S. economy collapsed!!!
With his tax cuts still in-place, his failure to fix the dems' messes in Fannie & Freddie and his own fiscal screw-ups all combined to crash the U.S. economy, Bush slinked out of D.C. I wish Greenspan was under it when it collapsed (picture the "wicked witch of the west") because the "maestro" was a clown.
In comes Obama who wins simply because the GOP failed spectacularly....then proceeds to heap more debt on the taxpayers...can't blame the dems entirely.....they were given a totally fucked-up economy to deal with.
So I tend to disagree with both sides on how to fix the economy, IMHO its tax the rich, especially the ones with off-shore accounts, cut spending to manageable levels, and make tax breaks to create domestic jobs not to outsource them.
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