Amazon 7 #26 February 11, 2009 Quote Those fucking idiots probably think it's the government's job to take care of them. And some other fucking idiots would agree. Fucktards. It seems the government takes pretty good care of you Vinny Quote Share this post Link to post Share on other sites
freeheelbillie 3 #27 February 11, 2009 Reaganomics vs. Obamanomics In his inaugural address, President Barack Obama said, "The question we ask today is not whether our government is too big or too small, but whether it works -- whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified." Or as administration spokeswoman Stephanie Cutter said in January, the touchstone is, "What will have the biggest and most immediate impact on creating private sector jobs and strengthening the middle class? We're guided by what works, not by any ideology or special interests." Unfortunately, this rhetoric is not true. Mr. Obama's economic policy is following not what has been proven to work but liberal ideology. The best way to understand this is to compare what's being proposed now with what Ronald Reagan accomplished. In 1980, amid a seriously dysfunctional economy, Reagan campaigned for president on an economic recovery program with four specific components. The first was across-the-board reductions in tax rates to provide incentives for saving, investment, entrepreneurship and work. The second component was deregulation to remove unnecessary costs on the economy. In today's world, that would especially mean removing the onerous restrictions on energy production -- allowing drilling offshore and onshore for oil and natural gas, revival of the nuclear power industry, and construction of more electric power plants. Third was the control of government spending. In 1981, Reagan forced through Congress not only his famed, historic tax cuts, but also a package of budget cuts close to 5% of the federal budget -- equivalent to roughly $150 billion today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan's two terms. By 1988, this spending was still down 14.4% from its 1981 level in constant dollars. Even with the Reagan defense buildup, which helped win the Cold War, total federal spending declined to 21.2% of GDP in 1989 from 23.5% of GDP in 1983. That's a real reduction of 10% in the size of government relative to the economy. The fourth component of the Reagan recovery plan was tight, anti-inflation monetary policy, which was spectacularly successful. Inflation was cut in half to 6.2% in 1982 from 13.2% in 1980, and cut in half again to 3.2% in 1983. We know such policies work because they turned around in just two years an economy far worse than today's. We were suffering from multiyear, double-digit inflation, double-digit unemployment, double-digit interest rates, declining incomes, and rising poverty. In fact, what we suffer with today is not the worst economy since the Great Depression, but the worst economy since Jimmy Carter -- the last time liberals were dominant politically and intellectually. The Obama administration's economic policies do not include any of the four Reagan components. In fact, the stimulus plan is the greatest increase in government spending in the history of the planet. Meanwhile, the Fed is furiously reinflating, sowing more havoc down the line. Mr. Obama is still promising future increases in tax rates by letting the Bush tax cuts lapse, because for ideological reasons he thinks even current rates are too low. And instead of deregulating for more energy production, he is still promising massive increases in regulatory barriers -- through global warming cap-and-trade legislation -- to increased production from proven energy sources to serve an extreme environmentalist ideology. This is why America seems so hopeless right now, and so depressed. We are stuck going in exactly the wrong direction on economic policy because of currently dominant ideological fashions. A natural economic recovery will begin sometime this year, not because of the president's policies, but because soon this will be the longest recession since World War II. However, thanks to the administration's retrograde policies -- cut from the cloth of the 1970s and even the 1930s -- the recovery will not be what it should be. Rather, unemployment will remain too high, and inflation will resurge, recreating the disastrous economic results we suffered the last time Keynesian policies were dominant. not my words but interesting none the less...Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
Amazon 7 #28 February 11, 2009 It is good form to not appear to be a PLAGARIST and to cite which RIGHT FLING moron you are getting your thoughts from today. PETER FERRARA From Wikipedia.. Peter J. Ferrara is an American policy analyst and columnist, known for the proposal to privatize Social Security championed by the George W. Bush administration, and for taking money from convicted lobbyist Jack Abramoff to write op-ed pieces favorable to Abramoff clients such as the Northern Marianas Islands and Indian tribes such as the Choctaw. Does anyone still think that turning over all of our retirement accounts to the bankers and other Wall street types is a good idea???? http://online.wsj.com/article/SB123431484726570949.html Did we mention he was IN the Reagan Administration... and was a complete and total supporter of VOO DOO DOO Economics?? Quote Share this post Link to post Share on other sites
rushmc 23 #29 February 11, 2009 QuoteThis "entitlement" generation baffles me. People actually believe it is government's job to take care of them. I dare say the majority of people feel that way. Whatever happened to personal responsibility? This is what they are taught in our public schools. Haven't you wondered why the left is so against school vouchers? and this is just one way they build a following, cause they cant do it using ideas"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
freeheelbillie 3 #30 February 11, 2009 QuoteIt is good form to not appear to be a PLAGARIST and to cite which RIGHT FLING moron you are getting your thoughts from today. PETER FERRARA http://online.wsj.com/article/SB123431484726570949.html Did we mention he was IN the Reagan Administration... and was a complete supporter of VOO DOO DOO Economics?? My last comment was "not my words" far from being a PLAGARIST. Maybe we could set some guidelines for proper reference page format...APA, MLA maybe Chicago Style ?? (that would be a good one for you.) I think you need to chill a bit. Of course I am going to use and post information that supports my standing DUH? As for Mr. Ferrara pointing out the success of RWR's policies that got us out of the Carter malaise, I prefer to look at history and facts. Mr. Obama will be judged on that too. That said, are you disputing the results of the Reagan policies or disputing the contention that the markets lack confidence in the proposals of the Obama administration?Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
Amazon 7 #31 February 11, 2009 Quote As for Mr. Ferrara pointing out the success of RWR's policies that got us out of the Carter malaise, I prefer to look at history and facts. Mr. Obama will be judged on that too. That said, are you disputing the results of the Reagan policies or disputing the contention that the markets lack confidence in the proposals of the Obama administration? Its very simple.. put in the URL then you can cut and paste to your hearts content. Please go look at the amount of the National Debt in 1981. BUEHLER>>>>BUEHLER .. and the subsequent years under Ronnie RayGun and King Bush I and King Bush II. Its now up to 11 TRILLION Dollars... under their system of VOO DOO DOO Economics.At some point... most people who are not crooks.. realize you actually have to pay your debts. Quote Share this post Link to post Share on other sites
freeheelbillie 3 #32 February 11, 2009 Quote Quote As for Mr. Ferrara pointing out the success of RWR's policies that got us out of the Carter malaise, I prefer to look at history and facts. Mr. Obama will be judged on that too. That said, are you disputing the results of the Reagan policies or disputing the contention that the markets lack confidence in the proposals of the Obama administration? Its very simple.. put in the URL then you can cut and paste to your hearts content. Please go look at the amount of the National Debt in 1981. BUEHLER>>>>BUEHLER .. and the subsequent years under Ronnie RayGun and King Bush I and King Bush II. Its now up to 11 TRILLION Dollars... under their system of VOO DOO DOO Economics.At some point... most people who are not crooks.. realize you actually have to pay your debts. MAYBE YOU SHOULD SEND A LETTER TO OBAMA AND REMIND HIM OF THIS!!!Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
lawrocket 3 #33 February 11, 2009 Quote The Bush/Paulson plan seems to be taking care of Wall Street executives: uk.reuters.com/article/marketsNewsUS/idUKN1135227020090211 But I guess that doesn't bother you righties as much as helping an unemployed person. Exactly which righties in here have you seen applaud it? I can tell you I've seen plenty of "righties" who maintained their opinion that the bailouts have sucked. My favorite logic to see is, "I think you supported this, even if you didn't. So shut up about your lack of support for this." Or, what I have seen soooo often over the last 20 years in politics, "If two wrongs don't make a right, try three. or four. Or four hundred." My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Amazon 7 #34 February 11, 2009 Quote MAYBE YOU SHOUOLD SEND A LETTER TO OBAMA AND REMIND HIM OF THIS!!! Kewlllllll you found the Caps Lock Key.....I am sure there will be plenty of RIGHT FLINGERS.. flinging letters away at the White House... Quote Share this post Link to post Share on other sites
TankBuster 0 #35 February 11, 2009 QuoteDid we mention he was IN the Reagan Administration... and was a complete supporter of VOO DOO DOO Economics?? Call it what you want, it worked. Wish we had the witch doctor today.The forecast is mostly sunny with occasional beer. Quote Share this post Link to post Share on other sites
Amazon 7 #36 February 11, 2009 QuoteQuoteDid we mention he was IN the Reagan Administration... and was a complete supporter of VOO DOO DOO Economics?? Call it what you want, it worked. Wish we had the witch doctor today. PSSST... it didn't work.. as with all debt..... at some point SOMEONE has to pay the debts brought on by your lousy mismanagement of the country. You know that whole FISCAL RESPONSIBILITY the RIGHT FLINGERS like to claim.. that they support... Quote Share this post Link to post Share on other sites
freeheelbillie 3 #37 February 11, 2009 Quote Quote MAYBE YOU SHOUOLD SEND A LETTER TO OBAMA AND REMIND HIM OF THIS!!! Kewlllllll you found the Caps Lock Key.....I am sure there will be plenty of RIGHT FLINGERS.. flinging letters away at the White House... Nice rebuttal...I can only assume that the lack of content was due to the fact you shot yourself in the foot. Now that the bill has passed you can hardly make an argument about spending and deficit. Democrats will no doubt hold the record for eternity, blaming Bush along the way. The double standard is laughable.Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
Amazon 7 #38 February 11, 2009 I have never shot myself in the foot.... but more than one of those who have taken us into this mess... are shooting themselves in their heads.... Maybe that can become a bigger trend. Quote Share this post Link to post Share on other sites
billvon 3,121 #39 February 11, 2009 >Those fucking idiots probably think it's the government's job to take care of them. Understandable. They've been told for the past eight years that it's government's job to take care of them and protect them from the mean, evil terrorists hiding in their closets. Quote Share this post Link to post Share on other sites
lawrocket 3 #40 February 11, 2009 Exactly. As ye have sown, also shall ye reap. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
freeheelbillie 3 #41 February 11, 2009 Quote>Those fucking idiots probably think it's the government's job to take care of them. Understandable. They've been told for the past eight years that it's government's job to take care of them and protect them from the mean, evil terrorists hiding in their closets. It IS the government job to protect us...I wasn't aware that the last 8 years had anything to do with "caring" fo rthe public, certainly obama's entire campaign was based on the belief that Bush left the poor in greater despair. Also are you insinuating that terrorists don't still hate us and want to bring harm to our people? Don't be foolish. Bush did use fear to get things done the way he saw fit though. Reminds me of obama, who spoke of hope and change...now speaks only of coming catastrophe. Its the same fear mongering. I hope that you never have to eat your words.Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
billvon 3,121 #42 February 11, 2009 >It IS the government job to protect us . . . Well, there ya go. Looks like they're going to try to protect us from this recession, too. >certainly obama's entire campaign was based on the belief that Bush left the >poor in greater despair. I thought most of Obama's campaign was "do you want another four years of Bush policies?" Given what the last eight years have been like, the answer to that one was easy. McCain did try to distance himself from Bush, but with all the similarities in their policies, all their agreements on bills and all the pictures of them hugging no one was buying it. >Also are you insinuating that terrorists don't still hate us and want to bring >harm to our people? Uh, no. But there are none hiding in your closet, or in your kid's school. Your odds of being killed by a coal fired power plant are far, far, far higher than your odds of being killed by a terrorist. Quote Share this post Link to post Share on other sites
freeheelbillie 3 #43 February 11, 2009 Quote >It IS the government job to protect us . . . Well, there ya go. Looks like they're going to try to protect us from this recession, too. >certainly obama's entire campaign was based on the belief that Bush left the >poor in greater despair. I thought most of Obama's campaign was "do you want another four years of Bush policies?" Given what the last eight years have been like, the answer to that one was easy. McCain did try to distance himself from Bush, but with all the similarities in their policies, all their agreements on bills and all the pictures of them hugging no one was buying it. >Also are you insinuating that terrorists don't still hate us and want to bring >harm to our people? Uh, no. But there are none hiding in your closet, or in your kid's school. Your odds of being killed by a coal fired power plant are far, far, far higher than your odds of being killed by a terrorist. lmao Gently pushing comfort zones since 1976... Quote Share this post Link to post Share on other sites
Capt.Slog 0 #44 February 11, 2009 QuoteQuoteDid we mention he was IN the Reagan Administration... and was a complete supporter of VOO DOO DOO Economics?? Call it what you want, it worked. Wish we had the witch doctor today. No, it just led to a huge debt from which we never recovered. Anyone can appear to be wealthy if all they do is borrow and not pay it back. Quote Share this post Link to post Share on other sites
