View Single Post
Old 08-05-2008, 04:01 PM   #9 (permalink)
DeHannen
helmet
2,500+ posts
 
Join Date: Jul 2001
Location: Uranus

Posts: 4,332
Quote:
Originally Posted by Lochgelly View Post
I hear you...and all I can say is that in the last three years of Clinton, there was a budget surplus.

Also, Bush II was WAY BEYOND COMPARE.....his deficits dwarfed all of the previous Presidents combined ....

think about that for a second....200 plus years to create a debt...then BAM!

double it in less than 8 years...

As for Obama...I do think he will do better than McCain...he probably won't balance the budget...but I do think he will have less of a deficit than McCain.
A Republican Pres and Congress continued the mess, a Dem Pres and Congress will make it worse. A lot worse. The talking point will be, "well we are going to raise taxes to cover these increases in spending." Then, when the actual TAX REVENUE starts to disappear, the deficits will go parabolic.
__________________
Courage cannot be defined by words, Courage can only be defined by action.
DeHannen is offline
 
Reply With Quote
 
Page generated in 15.09981 seconds with 6 queries