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Old 01-01-2007, 03:27 PM
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Originally Posted by rob View Post
Deadshot, you need to do some research on Clinton and his balanced budget deal. All he did was cancel some programs and then used projected earnings cover his own spending.
yup he cancelled allote of programs most of the military and raised income taxes and then increased minimum wage so more taxes would be collected.
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Old 01-02-2007, 10:58 AM
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Originally Posted by gixaholic View Post
yup he cancelled allote of programs most of the military and raised income taxes and then increased minimum wage so more taxes would be collected.
>>>Whatever. The books were balanced, interest rates were low, businesses were expanding, construction was booming, people were working at real jobs. Face it, Gixy, there just ain't no way you can rationalize Bush's rape and pillage of the US economy to pay for your Trotskyite war of aggression.
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Old 01-02-2007, 11:01 AM
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Originally Posted by George O Well View Post
>>>Whatever. The books were balanced, interest rates were low, businesses were expanding, construction was booming, people were working at real jobs. Face it, Gixy, there just ain't no way you can rationalize Bush's rape and pillage of the US economy to pay for your Trotskyite war of aggression.
George, yes Clinton played the shell game and made things look rosey for some, but it still wasn't a real balanced budget. Also some say that we had a surplus but again that was on paper only, based on projected earnings and taxes to be collected.
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Old 01-02-2007, 11:13 AM
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Originally Posted by rob View Post
George, yes Clinton played the shell game and made things look rosey for some, but it still wasn't a real balanced budget. Also some say that we had a surplus but again that was on paper only, based on projected earnings and taxes to be collected.
Interest rates don't go down based on shell games. There was a little trickery going on but, FOTM is, the debt was being paid down also.
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Old 01-03-2007, 05:42 AM
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Originally Posted by George O Well View Post
if the Congress said: "There will be no more debt created by borrowing cash from foreign countries."
You really don't understand basic global economy - do you?

The WHOLE world economy is based on the shuffle of money ...

in simple terms and in a generic look at it - this is what is happening:

#1 loans money to #2 who loans money to #3 who pays back #4 who in return pays back #1

it's sort of like people deposit money into a bank who loans money to another person who buys a rental to let others live in a home to generate money so they can pay back the bank ...

... what you are asking is about the same as saying
... what if the government stops banks from issuing credit cards that poorer people use to buy gas to get to work ...

... and this is the type of logic that is allowed to effect a vote on REAL issue's ...

SCARY .... Very Scary!
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Old 01-03-2007, 10:39 AM
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"Up until WWI the federal government spent 3-4% of the GNP except during wartime."

>>>Percentages are deceiving. It is more than possible to increase the percentage of GDP being spent by the government and increase REAL DOLLAR GDP at the same time.
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Old 01-03-2007, 11:16 AM
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Originally Posted by George O Well View Post
"Up until WWI the federal government spent 3-4% of the GNP except during wartime."

>>>Percentages are deceiving. It is more than possible to increase the percentage of GDP being spent by the government and increase REAL DOLLAR GDP at the same time.
That's fine by me. I want less of THEM (government).
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Old 01-03-2007, 03:10 PM
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"Up until WWI the federal government spent 3-4% of the GNP except during wartime."

>>>Percentages are deceiving. It is more than possible to increase the percentage of GDP being spent by the government and increase REAL DOLLAR GDP at the same time.
You can blame the left for making excuses to let people put their hand in Uncle Sam's pocket with the elimination of a persons responsibility for themselves.

Look at how Johnson-ism (the efforts of President Johnson & his "Great Society") effected this country.

This was the closest the USA ever had to a Socialist President with his philosophy on how the "Great Society" rests on abundance and liberty for all. It demands an end to poverty and racial injustice.

... in other words "Encourage weak minded opinions and philosophies...
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