This is when you know the government owns the economy

Published:

When the government says that a reduction in government spending will throw the country into another recession says a lot.

Entry #2,468

Comments

Avatar rdgrnr -
#1
Obama keeps saying he wants a "balanced approach" to our debt crisis.
But he never wants to cut spending, which is the other half of the balance.
He just wants to increase taxes.
Avatar sully16 -
#2
Chipping away,
Avatar Tenaj -
#3
When was the last time Republicans reduced spending and came out in the black with a balanced budget? C'mon tell me. I thought so. It has only been Carter and Clinton in recent years.
Avatar MADDOG10 -
#4
I don't believe they're talking about anyone else except ob Janet. It's funny when you hear the heat on ob, you start to revert back to whenever to divert away from the truth...
It's all about NOW and ob, not Joe Schmoe and 20 years ago...
Avatar sosaad -
#5
Yeah,Tenaj!
The same principals that Republicans want to apply when a Democrat President with a Democrat Senate or Congress is in charge can NEVER be applied when a Republican President,especially like George W. Bush,who had a Republican House and Senate for his 1st six years when they blew a trillion dollar budget surplus on their way to doubling the national debt while not paying for their 2 wars of choice and 3 tax cuts to the top 2%.That was only 10 yrs ago too.
20 years ago there was Republican George H.W. Bush who followed Republican Ronald Wilson Reagan into the presidency.In their 12 years they managed to quadruple the national debt from what it took the previous 200 years and all presidents and congresses before them to accrue.
They paid for none of their tax cuts to the rich either.
George H.W. Bush lost a 2nd term because he figured out that taxes must be raised making his pledge of "Read My Lips,No New Taxes,null and void!
Avatar JAP69 -
#6
I think many of you missed the point in my statement. The point is why does the economy depend on government to survive? The economy should depend on what America can produce not how much money government can put into it to survive.
Makes no difference who is president or what political party.


Avatar JAP69 -
#7
If you have a robust private economy creating goods, services and jobs the government would not need to input vast amounts of money.
With a robust private economy there should be enough taxation to support the needs of government.
Avatar MADDOG10 -
#8
Again booby,
       We're talking about this modern age, not the dinosaurs you and Janet want to talk about and as usual you missed the point and went off topic. The post is about the situation we are in now, not 10,20,30 years ago.   Wake up and smell the coffee...!
Avatar Coin Toss -
#9
Obama has since he has been office than all the previous presidents combined.

Tenaj, this is for you:
Since I voted Obama, my taxes have gone up,
My employer stopped offering health insurance and
My guns were taken away.

you George Bush!!!!
Avatar Tenaj -
#10
Dogs barking at a passing parade.
Avatar rdgrnr -
#11
Booby, you're a communist so what you think really doesn't matter.
And janet is only worried about her free stuff.
Avatar jarasan -
#12
OK Bush lost a $trillion dollars BFD, NOW we are $17 trillion down and in 10 years $45 trillion plus down. Please barry save us from Bush.

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