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71% voters Say Obama’s Policies Have Driven Up Deficit <-----MUST READ

Discussion in 'Political Discussion' started by NEPatriot, Aug 5, 2009.

  1. NEPatriot

    NEPatriot Banned

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    71% Say Obama?s Policies Have Driven Up Deficit - Rasmussen Reports

    :singing::singing::singing::singing: Yes, we can !!!!!! Can we stop blaming Bush for this mess?????
    Last edited: Aug 5, 2009
  2. apple strudel

    apple strudel Banned

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    Context, of course, is wanting here. These poll results are like saying that people know 1+1=2. We all know that there is a deficit problem, and the reason for that is due to preventing an even more severe recession than the one we are currently digging out of. Would you trade a deficit increase for a decade of recession? I think most people would. Of course we will have to work to eliminate the deficit next. Nobody's pretending this is not the case, though.
  3. NEPatriot

    NEPatriot Banned

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    Let me get it straight. You avoid a 'severe recession' by putting yourself in debt further?

    Sound good to me.:singing::singing::singing:

    The sad thing is 'smart' liberals start to realize that Obama SUCKS but it's too late. Obama is destroying the economy of this country with his socialism programs.
    Last edited: Aug 5, 2009
  4. resnor

    resnor Rookie

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    Wait...what??? You are trying to say that passing the trillion dollar stimulus was necessary to avoid a 10 year recession? You mean, similar to the 10 year recession that Japan went through, after following similar plans to rescue their economy? You can't borrow money to get rid of a depression. Case in point...China isn't too keen on buying our treasury notes now. Know what happens next? Interest rates get raised in an effort to entice buyers. What happens to the dollar, and the American economy, after that?

    If I wanted to go get all conspiracy theorist here *and I'm not a conspiracy kook*, one could argue that the government WANTS massive inflation. If inflation kicks into high gear, the U.S. can just shovel a bunch of money at the Chinese, and say, "Here ya go! Debts paid off," even though the dollar at that point is worthless.
  5. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    We certainly have a larger deficit under Obama's policies. That's common knowledge. That said, prior to Obama, Reagan and Bush were far and away the biggest deficit spenders. So, my attitude towards Republicans who complain about deficits now is that they are simply political opportunists and hypocrites. Obama's policies have stablized our economy, and we can address deficits by raising taxes on the wealthy. It's not a problem for a nation with an economy as large as ours.
  6. apple strudel

    apple strudel Banned

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    We've been over this, and we also learned from the Great Depression. It's a well established economic lesson, you need to ease the credit crunch and get people borrowing again. It's called priming the pump. Use the search for more information and discussions on the topic, there's gobs of justification for it.

    Economic Perspective: Can the government prevent a recession?
  7. tanked_as_usual

    tanked_as_usual Banned

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    how do you it is preventing an even more severe recession.......so far, little of the stimulus money has been spent, so it is reasonable to assume that thing are simply cyclical and the recession turned on its own

    TARP (by Bush) has been much more instrumental because it corrected the fundamental problems with liquidity that the banks had.......
    Last edited: Aug 6, 2009
  8. apple strudel

    apple strudel Banned

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    Re: 71% Say Obama’s Policies Have Driven Up Deficit

    Jesus Christ, it's right above your post. Next time, keep reading.

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