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who's to blame?

who's to blame?

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duecer
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some talk show pundit's have asserted that the republicans are propping up the economoy, so after the Nov. elections it will crash on the Dems watch. Is this a fair assesment, and who was to blame for the most recent recession?

d

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If it were that easy to "prop up the economy" we'd just do it, like, forever.

I predict the economy will bottom out during the beginning of Hillary's administration, and she'll spend the next eight years slowly enacting policies that will build it up. Then by 2016 things will be running pretty well, and the country will decide it's time to get tough on gay marriages and abortions again, and they'll elect another Republican who'll invade Iran his second year in office. Rinse, lather.

duecer
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Originally posted by darthmix
If it were that easy to "prop up the economy" we'd just do it, like, forever.

I predict the economy will bottom out during the beginning of Hillary's administration, and she'll spend the next eight years slowly enacting policies that will build it up. Then by 2016 things will be running pretty well, and the country will decide it's time to get tough on g ...[text shortened]... ll elect another Republican who'll invade Iran his second year in office. Rinse, lather.
the economy can be propped up temporarily by tax cuts, and interest rate reductions, however when these things catch up with us, there will be hell to pay.

dsR

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Originally posted by duecer
some talk show pundit's have asserted that the republicans are propping up the economoy, so after the Nov. elections it will crash on the Dems watch. Is this a fair assesment, and who was to blame for the most recent recession?
If a Democrat is elected president, you will have your wish and the economy will collapse due to the onslaught of spending programs and increased taxes they will no doubt ram through Congress.

t

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Originally posted by der schwarze Ritter
If a Democrat is elected president, you will have your wish and the economy will collapse due to the onslaught of spending programs and increased taxes they will no doubt ram through Congress.
So, how does cutting taxes and increasing spending ala Bush - work again?

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Originally posted by treetalk
So, how does cutting taxes and increasing spending ala Bush - work again?
People keep more of the money they earned, then they can either invest it, spend it or start businesses; the point being, individuals know far better than government kleptocrats how best to spend their own money.

duecer
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Originally posted by der schwarze Ritter
If a Democrat is elected president, you will have your wish and the economy will collapse due to the onslaught of spending programs and increased taxes they will no doubt ram through Congress.
again, in the face of a strong argument, you decide that rather than state a real argument, you will put words in my mouth. Exactly when did I wish for the economy to collapse?
"onslaught of spending programs"? G W and the rest have had no trouble finding ways to spend our tax dollars. In fact they are so good at it, they are already spending our kids tax dollars years in advance. It is going to take some good old Democratic fiscal responsibility to clean that mess up.

duecer
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Originally posted by der schwarze Ritter
People keep more of the money they earned, then they can either invest it, spend it or start businesses; the point being, individuals know far better than government kleptocrats how best to spend their own money.
taxes are the price we pay to live in a civilised society-- I forget who said that, but it was a republican.

shavixmir
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Originally posted by duecer
some talk show pundit's have asserted that the republicans are propping up the economoy, so after the Nov. elections it will crash on the Dems watch. Is this a fair assesment, and who was to blame for the most recent recession?
The republicans are going to win the next election.
So their crash will still happen during their watch.

duecer
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Originally posted by shavixmir
The republicans are going to win the next election.
So their crash will still happen during their watch.
Oh Shav, don't say that...not even in jest😞

Wajoma
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Originally posted by duecer
taxes are the price we pay to live in a civilised society-- I forget who said that, but it was a republican.
The measure of civility is by how free people are. Free to live their lives as human beings, making their own choices and bearing the consequences. To live free from force and threats of force and fraud.

The more a guvamint taxes the people the greater the role of running your life the guvamint takes on, bigger taxes need bigger sticks to be waved, voluntary compliance goes down.

"Giving money and power to Government is like giving whiskey and car keys to teenage boys."

P J O'Rourke

An often overlooked source of problems in this world are caused by people who don't know how to operate the shift key.

t

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Originally posted by der schwarze Ritter
People keep more of the money they earned, then they can either invest it, spend it or start businesses; the point being, individuals know far better than government kleptocrats how best to spend their own money.
Do they?

You might want to check around to find out how much money Americans keep - I think you'll find it's not much.

Considering how much of what Americans buy is not actually made in America, spending money on goods perhaps sees a lot of that money go overseas.

Government 'kleptocrats' are most definitely experts on how to spend other people's money - by nature of the cute moniker you gave them(a lot gets sucked up by bureaucracy and ludicrous 'pork' projhects- noit to mention the ever hungry military industrial complex) but in an ideal, accountable world, the government can and should spend the money it gets through taxes in a way that benefits all.

Seeing how so many Americans are so far in debt, however, (think credit card and non-mortgage bank loans) what makes you think people are responsible spenders of their 'own' money?

With all of Bush's wonderful tax cuts (and even in the right winger's wet dream scenario of a tax free world) why are more and more people struggling?

Do you think greed and the 'consume/spend like there's no tomorrow' mindset has much to do with it?

u
The So Fist

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Originally posted by duecer
some talk show pundit's have asserted that the republicans are propping up the economoy, so after the Nov. elections it will crash on the Dems watch. Is this a fair assesment, and who was to blame for the most recent recession?
no one is to blame for the recession.

Recessions are part of the natural ebb and flow of the economy. If you look back through history you will find approx every 10 years you have a big recession and every 5 years you have a minor one.

We are currently around the 5 year mark and are due for a recessionary time period.

No one is to blame.

The key is to find a party that can manage the downturn properly, repair the damage when the recession is over, and then properly prepare the nation for the next economic downturn.


Ask Telerion...He can explain it better than I can.

Wajoma
Die Cheeseburger

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Originally posted by treetalk
Do they?

You might want to check around to find out how much money Americans keep - I think you'll find it's not much.

Considering how much of what Americans buy is not actually made in America, spending money on goods perhaps sees a lot of that money go overseas.

Government 'kleptocrats' are most definitely experts on how to spend other people's m ...[text shortened]... d and the 'consume/spend like there's no tomorrow' mindset has much to do with it?
This is all that needs to be said:

".....of their 'own' money?"

Because that's what it is, theirs.

t

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Originally posted by Wajoma
This is all that needs to be said:

".....of their 'own' money?"

Because that's what it is, theirs.
Psst - why did I put the word in quotation marks?

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