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  • dogbert
    replied
    Originally posted by turbonine View Post
    I agree that its impossible. Clinton in his first term did a good job with the budget. He did it by decreasing gov't spending. You look at all the corporations that succeed in tough times, and there #1 priority is cost control/reduction.
    Well, the other thing he had going for him was an unprecedented tax windfall from his capital gains tax that he increased (retroactively). That year I had to pay more taxes than he did and it really pissed me off because I would have made different decisions had I known what he planned to do. Once the stock market tanked, so did the tax revenue and the deficit grew again. It wasn't all from budget cuts.

    Leave a comment:


  • dogbert
    replied
    Originally posted by talltigeguy View Post
    I have no idea how Obama can do what he says he will do since he has promised a modest tax increase and a huge increase in expenditures without any cuts. Mathematically, it just seems to not add up to me. I am still disgusted that the American people seem to think it is possible.
    It's all voodoo economics....they all practice it.

    I'm with you, tall, balance the budget and free up as much money as possible by making government as lean as possible. There are obviously some things you need the government to do, but then there's all that pork that's just not needed.

    Leave a comment:


  • dogbert
    replied
    Originally posted by dingleberry View Post
    Dog - the citizens in Minnesota already took your advice...remember the newly-elected Senator Al Franken? Hopefully his flubs will be more entertaining than the typical politician.

    Leave a comment:


  • turbonine
    replied
    Originally posted by rogersbm82 View Post
    I hate how he keeps using the word "hope". IMO, hope is not a plan.
    I think we should all be remembering the line form Shawshank Redeption by Morgan Freeman. "Hope is a dangerous thing"


    I don't think the markets have too much hope in him. The day he was elected and the day he was inaugurated the markets took big losses.

    Leave a comment:


  • rogersbm82
    replied
    I hate how he keeps using the word "hope". IMO, hope is not a plan.

    Leave a comment:


  • Dan and Christy
    replied
    Originally posted by chpthril View Post
    The majority of those cuts were from the defence dept, and look what happened 9 months after he left office!
    Now now Chp, our big oil cowboy didn't have his personal interest in that????

    Leave a comment:


  • chpthril
    replied
    Originally posted by turbonine View Post
    I agree that its impossible. Clinton in his first term did a good job with the budget. He did it by decreasing gov't spending. You look at all the corporations that succeed in tough times, and there #1 priority is cost control/reduction.
    The majority of those cuts were from the defence dept, and look what happened 9 months after he left office!

    Leave a comment:


  • turbonine
    replied
    Originally posted by talltigeguy View Post
    If I spend my money on a chinese made TV set, then some would argue it is better to give it to the government...at least then it stays here.

    But I personally favor #2.

    I am actually in favor balancing the budget, something Bush seemed to have no interest in. He somehow asked the American people to spend billions on a war and never once asked us to pay for it.

    I have no idea how Obama can do what he says he will do since he has promised a modest tax increase and a huge increase in expenditures without any cuts. Mathematically, it just seems to not add up to me. I am still disgusted that the American people seem to think it is possible.
    I agree that its impossible. Clinton in his first term did a good job with the budget. He did it by decreasing gov't spending. You look at all the corporations that succeed in tough times, and there #1 priority is cost control/reduction.

    Leave a comment:


  • talltigeguy
    replied
    Originally posted by turbonine View Post
    True. There are two beliefs on how to stimulate the economy.

    1. Increase taxes > increase gov't spending > increase employement = Better economy.

    2. Decrease taxes > increase citizen's spending capacity = Better economy

    I believe in #2, because extra cash gets spent in the markets and development.
    If I spend my money on a chinese made TV set, then some would argue it is better to give it to the government...at least then it stays here.

    But I personally favor #2.

    I am actually in favor balancing the budget, something Bush seemed to have no interest in. He somehow asked the American people to spend billions on a war and never once asked us to pay for it.

    I have no idea how Obama can do what he says he will do since he has promised a modest tax increase and a huge increase in expenditures without any cuts. Mathematically, it just seems to not add up to me. I am still disgusted that the American people seem to think it is possible.

    Leave a comment:


  • zad0030
    replied
    I think i saw them on sale at K-Mart

    Leave a comment:


  • Lucky 275
    replied
    Originally posted by da.bell View Post
    Did anyone see Aritha Franklins singing of "My Country 'Tis of Thee"? Was it me or was that the worst singing of the song that you have ever heard?

    http://www.cnn.com/video/#/video/pol...ef=videosearch

    What the hell was that? And what the hell was on her head?

    Leave a comment:


  • da.bell
    replied
    Originally posted by G-MONEY View Post
    OMG was a disaster that was!!!!!


    She had a sweet hat tho.
    I was sitting in the conference room thinking about that hat when she was singing and asking myself "Can that bow get any bigger?"

    Leave a comment:


  • G-MONEY
    replied
    Originally posted by da.bell View Post
    Did anyone see Aritha Franklins singing of "My Country 'Tis of Thee"? Was it me or was that the worst singing of the song that you have ever heard?

    http://www.cnn.com/video/#/video/pol...ef=videosearch
    OMG was a disaster that was!!!!!


    She had a sweet hat tho.

    Leave a comment:


  • zad0030
    replied
    Originally posted by da.bell View Post
    Did anyone see Aritha Franklins singing of "My Country 'Tis of Thee"? Was it me or was that the worst singing of the song that you have ever heard?

    http://www.cnn.com/video/#/video/pol...ef=videosearch
    We saw it in class

    Leave a comment:


  • da.bell
    replied
    I thought she destroyed the song and her singing was far from her best singing days.

    Leave a comment:

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