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  #21  
Old 12-11-2009, 09:08 AM
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piece-itpete piece-itpete is offline
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I understand Rob, but we've got to have something to tell us what's going on!

As a percentage of GDP seems apropos to me. Yes, it's low, by what, 1%? Stop the presses.

Increasing deficits, well take a look at what the Dems are doing to us right now. That is ALL about spending, not the (current) tax burden.

Pete
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  #22  
Old 12-11-2009, 10:16 AM
noonereal noonereal is offline
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Quote:
Originally Posted by piece-itpete View Post

look at what the Dems are doing to us
oh my, it's those nasty dems again



God Bless
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  #23  
Old 12-11-2009, 10:58 AM
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oh my, it's those nasty dems again
Who else?

We don't have Cheney to blame anymore

Thanks, bless you too noone.

Pete
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  #24  
Old 12-11-2009, 11:23 AM
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Quote:
Originally Posted by piece-itpete View Post
Who else?

We don't have Cheney to blame anymore
Sure we do! Darth Vader is the gift that keeps on giving.

Did you hear him on Hannity the other night? Amazing!

John
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  #25  
Old 12-11-2009, 11:36 AM
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BlueStreak BlueStreak is offline
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Cheney is a whack job. Is now and always has been. And Hannity isn't much more sensible.

BTW, take a closer look at that last chart, and when the historical rises in deficits are. Like the period between about 1980 and about 1992-4, then again from 2001 to the present for example.

But, then again, wasn't it Cheney who said deficits don't really matter?
Oh that's right, deficits don't matter unless it's Democrats that are running them up.

Of course there is WW2, but I think that may have been a bit different.

Dave
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  #26  
Old 12-11-2009, 11:44 AM
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Look at 08 to 09 spending.

Pete
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  #27  
Old 12-11-2009, 11:51 AM
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Quote:
Originally Posted by BlueStreak View Post
But, then again, wasn't it Cheney who said deficits don't really matter?'

Oh that's right, deficits don't matter unless it's Democrats that are running them up.
Yes, the entire quote is, "Reagan taught us deficits don't matter."

I guess what he means is Reagan taught us that when Republicans run up record deficits, as they did in the 12 year Reagan-Bush presidencies, a Democrat will eventually come along and clean up the mess. After inheriting those deficits Clinton managed to leave office with a surplus. I hope Obama can at least put a dent in the damage Shrub did.

John
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  #28  
Old 12-11-2009, 11:52 AM
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Originally Posted by piece-itpete View Post
Look at 08 to 09 spending.

Pete
You do realize that 700 billion of that is TARP, don't you?

John
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  #29  
Old 12-11-2009, 12:05 PM
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It was sort of like when a departing tenant blows out the pilot light on the gas water heater then when the new tenant comes in and the place blows up they get blamed.
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  #30  
Old 12-11-2009, 12:19 PM
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piece-itpete piece-itpete is offline
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Quote:
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After inheriting those deficits Clinton managed to leave office with a surplus.
This is mistaken, a shell game.

Quote:
Originally Posted by Boreas View Post
I hope Obama can at least put a dent in the damage Shrub did.
Yep, that tril worth of pork'll get that spending in line!

TARP was a loan, payments are already coming in. Which will be spent too on top of that tril.

Pete
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