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Originally posted by Sidd Finch
Once again -- tax and spend beats borrow and spend, every single time.
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It does not beat cut and cut.
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Originally posted by Sidd Finch
what is the Repub congress doing now?
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Spending less than if the Dems were in power.
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Originally posted by Sidd Finch
Bullshit, bullshit, bullshit. You people have been crowing about how the Bush tax cuts ended the recession and stimulated the economy. Yet the deficits continue to loom over us.
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Yes and they were looming in 1994. But it was the growth that pulled us out. Every year the budget kept getting readjusted because of the added revenue because of growth. This year the deficit was adjusted by 28% because of projected growth. If we continue growing we will pull right out of these deficits. You keep the economy growing and this years deficits will seem like chump change in ten years. Just like the deficits of the early 1990 seem like chump change now. They key is growth, growth, growth.
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Originally posted by Sidd Finch
Either that's a crock of shit -- and you admit that, after five years, Bush's monetary policies have been an abject failure -- or the recession has been long over, and is not the cause of the ever-growing national debt. Which is it?
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There hasn't been as many cuts as I would like but the economy is growing.
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Originally posted by Sidd Finch The deficits are the result of spending more than we take in. Very simple.
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Yes but the biggest factor determining how much we bring in is how much the economy is growing. Not tax cuts, tax raises, or spending increases but economic growth. Economic growth has had more to do with the deficits in the past twelve years than anything else.
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Originally posted by Sidd Finch Bush and the Repub congress made the problem worse on both ends of the equation -- spending increases plus massive tax cuts
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Do you know of a better way to get out of a recession.
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Originally posted by Sidd Finch Clinton may not have been a fiscal conservative, but he certainly exercised fiscal prudence. We haven't seen any in five years now.
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Originally posted by Sidd Finch Bullshit, bullshit, bullshit. Clinton raised taxes and balanced the budget. End of story. .
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Sorry. Congresses spending restraints balanced the budget. Remember - Clinton fought the Repub spending cuts every step of the way. You guys keep forgetting that. All Clinton did after the Repubs took over was prolong the time until we reached balanced budgets.
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Originally posted by Sidd Finch And if you still blame Dems for increases in spending, after five years of total Repub domination, you are delusional. The earth is flat.
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The Dems had congress for forty years and never balanced a budget. The Repubs had congress for like five years and balanced teh budget. Now the Repubs have taken us into a deficit, but during a recession. So when we are growing who has the best track recording of balancing budgets. The Republicans.
