Obama to Crush Economy

[pool_hustler]

Well, I know this isn't as powerful of an argument as a Cheech & Chong movie clip and some random shit from Stormfront

No it's not, and now he's posted a Howard Stern clip to lend further weight to his argument, so you might as well just throw in the towel, Facial King

but it just so happens that the red (conservative/GOP-voting) states suck up more welfare dollars than blue (librull) states do.

Oh snap! Ain't it a bitch when a great big old stereotype gets busted :wave2:

But why let any facts get in the way of all that anger and b.s. guff about "personal responsibility" and hard work and suchlike??

Exactly. Why focus on the fact 52% of the wealthy in this country voted for Obama when you can take comfort in the fantasy that most Obama supporters are panhandlers and ghetto dwelling welfare queens?

 

[knowone]

More unconstitutional acts, by an unconstitutional "president." :helpme:

The only unconstitutional US president I know of, is the one who took office in 2001!

 

[Will E Worm]

The only unconstitutional US president I know of, is the one who took office in 2001!

Then you don't know anything. :hatsoff:

 

[Supafly]

The USA cannot go broke.

You have a LOT of money, you just chose to spend it on stupid deals, like Warfare in Iraq or Afghanistan, or NASA exploration.

Plus you can use money-steering tools like the Federal Reserve etc to control the flow better and you can be fine in one year or two if you make the right decisions NOW

 

[LaLiLuLeLohan]

The USA cannot go broke.

You have a LOT of money, you just chose to spend it on stupid deals, like Warfare in Iraq or Afghanistan, or NASA exploration.

Plus you can use money-steering tools like the Federal Reserve etc to control the flow better and you can be fine in one year or two if you make the right decisions NOW

So we should be using the Federal Reserve to inflate money so we can pay back our debts to China, Japan and the Saudis? Sweet, after we pay back the debt, we can use wheel barrows full of money to head down to the market and buy up any remaining bread and milk. Zimbabwe style!

It gets even better because, after the inflation, no nation would ever lend us money again...so we don't have to worry about getting back into foreign owned debt!

I think we're fucked, man. Unfortunately, that's the reality. I'd blame Bush and Obama, but I think we all need to share the blame a bit.

 

[Hot Mega]

The USA cannot go broke.

You have a LOT of money, you just chose to spend it on stupid deals, like Warfare in Iraq or Afghanistan, or NASA exploration.

Plus you can use money-steering tools like the Federal Reserve etc to control the flow better and you can be fine in one year or two if you make the right decisions NOW

So we should be using the Federal Reserve to inflate money so we can pay back our debts to China, Japan and the Saudis? Sweet, after we pay back the debt, we can use wheel barrows full of money to head down to the market and buy up any remaining bread and milk. Zimbabwe style!

It gets even better because, after the inflation, no nation would ever lend us money again...so we don't have to worry about getting back into foreign owned debt!

I think we're fucked, man. Unfortunately, that's the reality. I'd blame Bush and Obama, but I think we all need to share the blame a bit.

I tend to agree with "Supa.." While debt should be controlled the incessant whining about US debt in general is pretty ignorant IMO.

It is more about what you take on debt for not that you have it...no different from the finances in your own personal economy. People don't take out a car loan, a mortgage and a loan for their child's education then declare they are broke simply because they owe some bank. Those are quite reasonable, responsible situations where debt may be not only necessary but good.

US debt in as a ratio of our GDP is just about in line with most other developed nations, in the 60% range. We can stand debt and in some cases it's necessary to stabilize other economies in the world. It makes sense for a country like the US to ensure it's people are protected militarily, they are educated and they are healthy when our GDP easily justifies it.

Even though our GDP can support some experiment in delivering "democracy" to Iraq, that is an unwise use of debt IMO and at nearly a trillion dollars I'm not sure why tea baggers are just now getting their panties in a bunch. I smell politics.:tongue:

 

[georges]

The implementation of the social security and universal healthcare system will ruin your country financially by increasing its deficit even more.

 

[LaLiLuLeLohan]

I tend to agree with "Supa.." While debt should be controlled the incessant whining about US debt in general is pretty ignorant IMO.

It is more about what you take on debt for not that you have it...no different from the finances in your own personal economy. People don't take out a car loan, a mortgage and a loan for their child's education then declare they are broke simply because they owe some bank. Those are quite reasonable, responsible situations where debt may be not only necessary but good.

US debt in as a ratio of our GDP is just about in line with most other developed nations, in the 60% range. We can stand debt and in some cases it's necessary to stabilize other economies in the world. It makes sense for a country like the US to ensure it's people are protected militarily, they are educated and they are healthy when our GDP easily justifies it.

Even though our GDP can support some experiment in delivering "democracy" to Iraq, that is an unwise use of debt IMO and at nearly a trillion dollars I'm not sure why tea baggers are just now getting their panties in a bunch. I smell politics.:tongue:

I'd love to share your optimism, but fleeting industry, a crippled economy and a quickly growing 12+ trillion dollar deficit make that a bit difficult.

Unfortunately, Ben Bernanke agrees.

"To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above."

I keep seeing people say, "Well it's not as grave as it sounds. If we just cut federal spending by 15% for the next few years, we'll wrangle in the debt." Call me a cynic, but I don't see that happening. Not under this president and not under a supposed Reagan-esque Republican than conservatives keep searching for and fantasizing about.

 

[U.2.K.]

To be honest, i really don't understand or care about all of this, all i know i want my damn rebate check, 600 dollars please, like they promise us when he first got into office. Hell, the only thing bush did that made sense was send us those rebate checks, which was 300 back then.

600 dollars please, ASAP.

 

[Hot Mega]

I'd love to share your optimism, but fleeting industry, a crippled economy and a quickly growing 12+ trillion dollar deficit make that a bit difficult.

Unfortunately, Ben Bernanke agrees.

Do you know how much 12 trillion dollars is??? The deficit isn't 12 trillion nor projected to be..Hell our entire GDP is "only" 14 trillion

The US deficit is $220 billion now but is expected to grow (per your link) to 1.5 trillion this year. CBO estimates it will be paid back down by over 1.2 trillion through newly passed legislation.

 

[lurkingdirk]

:rofl2:

Aw, damn. You just couldn't write shit funnier than the posts in this thread.

 

[STDiva]

Sometimes I wish I followed politics, so I could understand these threads.

 

[lurkingdirk]

Sometimes I wish I followed politics, so I could understand these threads.

You totally don't have to follow politics. Just state strongly worded opinions.

 

[maildude]

GOD CO2 !!!