I Apologize

[The Goat]

Originally Posted by GMScud

I find it hilarious that you use debt/deficit in this argument. Obama talks about obligations to care for the next generation, and yet he continues his dangerous tax/spend agenda while continuing to further expand government. He's spending like a maniac. You can justify some of it I guess, but it is what it is- our children's children will be paying for this administration for years.

Obama is a weak, hollow, false-promise laden, 2000's version of Jimmy Carter. He sucks. Is there a Republican out there who would be a huge upgrade? I'm not so sure. American politics is effed in the A. I just really, really cannot stand this administration.

The current spending situation is predominantly spending outlays set in stone long before BO took the oath of office...then a recession/depression hit. Two things happen 1) tax receipts plummet (worsening all government budget scenarios) and 2) governments must simultaneously lay out more expenditures for things like unemployment insurance and things similar. The recovery projects are a matter of opinion in that most economists ultimately fall to the side of Keynes, that government spending in recessions/depressions keep us from going over the edge.

Historically, the thing that should truly unnerve the American citizen is the massive budget deficits in times of relative peace and prosperity. We have ole Ronald to thank for this phenomenon. Reagan's admin oversaw about 3 trillion in new debt (when he took office the federal debt hovered at around a trillion). That's absolutely horrible public policy...in the long run public policy that will destroy any country. The elder Bush did try to reverse the idiocy of the modern conservative movement when he drastically reduced military spending and proposed taxes to balance the budget. However the next Republican president (the retarded one) picked up right where Reagan left off: massive tax cuts and massive budget deficits simultaneously.

It's a shame the conservative movement is so committed to terrible public policy because there is a rich history there. Pat Buchanan is still one of my favorite public figures and I can only imagine how different our country would be if conservatives had gone that route instead of the low road.