nonwto wrote:
Do shut up. You're only making yourself look like a blowhard idiot. The current economic problems have roots back inthe 80s. Neither Bush or Obama are accountable for that. However, Bush followed the same political line as the people who are responsible for the current problems. Obama is too worthless to be counted as much better.
Our "current economic problems", even more specifically the current issue with the debt ceiling, stem directly from massive overspending in 2009/2010. Absent that spending, we would not have a debt on the high side of 60% of GDP, and we would not be running deficits in the 1.5 Trillion dollar range, and we would not be hitting the debt ceiling. The fact that there are other systemic problems with some of our larger entitlement programs (social security and medicare/medicaide) which *also* drive spending up, does not remove the absolutely direct relationship between the spending done over the last few years and the debt problem we're facing right now. If anything, those longer term underlying economic problems should make us realize just how monumentally stupid it was to spend even more money knowing we were already going to be coming up short.
But some of us said this 2+ years ago. Some others called us names for doing so. Now, those same people are calling us more names for fighting against yet more monumentally stupid actions being taken by those who insisted we were fearmongers for saying it would come to this in the first place. The absurdity of it all is completely surreal if you stop and think about it. But that's our public discourse.
And even if you weren't one of those joining the "GOP are trying to scare you out of doing what's right!" crowd back in early 2009, and even if you believe that the spending done back then was absolutely necessary to stave off some much worse economic disaster, that still doesn't change the fact that the current debt problem was still absolutely and with no equivocation caused directly by that spending. Whether you believe we jumped out of the pan and into the fire or the other way around, the reason we're here is because of that spending. The facts are just too overwhelming for any even semi-fair minded person to ignore or refute.
Quote:
Christ. Basic logic mother@#%^er, do you know it?
Yeah. Like the "fact" that over the last three years, yearly spending has increased in excess of a trillion dollars, which would seem to be a significant portion of the 1.5T projected debt this year. How's that for logic? What's the counter argument? That it's all defense spending, even though defense spending is only about 150B more today than it was in 2007? Um... That's not it.
I'll gladly show you the hard facts and figures if you want. They are pretty darn irrefutable. Oddly, some people still attempt to do so. Which will you be?
