rushmc 23 #51 February 1, 2013 QuoteQuoteBTW At this point I do not believe you You will never believe anybody who doesn't agree with you. "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
kallend 2,148 #52 February 1, 2013 QuoteQuoteQuoteQuoteQuote. Do you support using the money to pay down the debt or pissing more of it away in social programs and welfare payments to large corporations? Yes. Cute. You gave him an out He will take it every time I prefer to call it "weaseling." Not my fault if your understanding of basic logical operators is deficient.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Bignugget 0 #53 February 2, 2013 QuoteQuoteBut.....this is nothing new.... Just a little education for you: http://www.usgovernmentspending.com/spending_history Its been sustainable for 100 years or so. It is new in the fact that the gov spending it near all time highs looked at as % of GPD It is not even CLOSE to an all time high. It is trending upward over the last 100 years just as State spending was as well. Kinda like how your gas costs more, and your demand is higher now than it was in 1950, so you have to spend more on it. Sigh. That graph uses colors and stuff you will like it I promise. Open it up and look. Quote Share this post Link to post Share on other sites
Bignugget 0 #54 February 2, 2013 QuoteQuoteQuoteQuoteBut.....this is nothing new.... Just a little education for you: http://www.usgovernmentspending.com/spending_history Its been sustainable for 100 years or so. It is new in the fact that the gov spending it near all time highs looked at as % of GPD It is not even CLOSE to an all time high. It is trending upward over the last 100 years just as State spending was as well. Kinda like how your gas costs more, and your demand is higher now than it was in 1950, so you have to spend more on it. Sigh. That graph uses colors and stuff you will like it I promise. Open it up and look. Oooooh, pretty. So basically government spending is pushing WWII levels. Huh? "Government spending peaked at just under 53 percent of GDP in 1945. Although spending dropped back to 21 percent of GDP immediately after WWII, it steadily climbed thereafter until it hit a peak of 36 percent of GDP in the bottom of the recession of 1980-82. Thereafter government spending chugged along in the mid 30s until the mortgage meltdown of 2008. In the aftermath of bank and auto bailouts, government spending surged to wartime levels at 45 percent of GDP. The mortgage emergency seems to have ratcheted out-year spending up a notch. Near term government spending in the future is pegging at 40 percent of GDP." Seems pretty reasonable to me. We are fighting war, and trying to recover from a major recession, and our spending is no more out of line than in any other crisis periods in our history. We are still 15% below WWII levels and in line with the 80s recession. Quote Share this post Link to post Share on other sites
Bignugget 0 #55 February 2, 2013 No argument here. I would love to see us pay the debt down and balance the budget. When Clinton was in power and accomplished running a budget surplus, govt. spending did decrease. Probably because he wasn't out invading everyone. Bush came in and spending increased with no national crisis like a major recession. Then Obama took over at the start of a recession. Govt. spending is in line with the state of the economy (looking at history) We agree on not waging wars on people and balancing a budget to pay down the debt. Id vote for Clinton again. Quote Share this post Link to post Share on other sites
billvon 3,116 #56 February 2, 2013 > We are fighting war, and trying to recover from a major recession, and our spending >is no more out of line than in any other crisis periods in our history. We are still 15% >below WWII levels and in line with the 80s recession. Well, geez, how is the media going to panic anyone with numbers like that? You may not be cut out to be a newscaster. Quote Share this post Link to post Share on other sites
rushmc 23 #57 February 2, 2013 QuoteQuoteQuoteQuoteBut.....this is nothing new.... Just a little education for you: http://www.usgovernmentspending.com/spending_history Its been sustainable for 100 years or so. It is new in the fact that the gov spending it near all time highs looked at as % of GPD It is not even CLOSE to an all time high. It is trending upward over the last 100 years just as State spending was as well. Kinda like how your gas costs more, and your demand is higher now than it was in 1950, so you have to spend more on it. Sigh. That graph uses colors and stuff you will like it I promise. Open it up and look. Oooooh, pretty. So basically government spending is pushing WWII levels. which is NOT sustainable"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
kallend 2,148 #58 February 2, 2013 QuoteQuoteQuoteQuoteQuoteBut.....this is nothing new.... Just a little education for you: http://www.usgovernmentspending.com/spending_history Its been sustainable for 100 years or so. It is new in the fact that the gov spending it near all time highs looked at as % of GPD It is not even CLOSE to an all time high. It is trending upward over the last 100 years just as State spending was as well. Kinda like how your gas costs more, and your demand is higher now than it was in 1950, so you have to spend more on it. Sigh. That graph uses colors and stuff you will like it I promise. Open it up and look. Oooooh, pretty. So basically government spending is pushing WWII levels. which is NOT sustainable I guess investors don't agree with your gloom and doom. DOW over 14,000, S&P over 1,500. NASDAQ over 3,000, Russell 2000 up over 7% in the last month. How did these perform under the Bush administration? Oh yes, they all went DOWN.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #59 February 2, 2013 QuoteQuoteQuoteQuoteQuoteQuoteBut.....this is nothing new.... Just a little education for you: http://www.usgovernmentspending.com/spending_history Its been sustainable for 100 years or so. It is new in the fact that the gov spending it near all time highs looked at as % of GPD It is not even CLOSE to an all time high. It is trending upward over the last 100 years just as State spending was as well. Kinda like how your gas costs more, and your demand is higher now than it was in 1950, so you have to spend more on it. Sigh. That graph uses colors and stuff you will like it I promise. Open it up and look. Oooooh, pretty. So basically government spending is pushing WWII levels. which is NOT sustainable I guess investors don't agree with your gloom and doom. DOW over 14,000, S&P over 1,500. NASDAQ over 3,000, Russell 2000 up over 7% in the last month. How did these perform under the Bush administration? Oh yes, they all went DOWN. Hmmm If you were getting 85 BILLIONS stuffed at you every month How would you be doing?"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
Bignugget 0 #60 February 2, 2013 You literally do not understand. Quote Share this post Link to post Share on other sites
rushmc 23 #61 February 2, 2013 No, I do You on the other hand don't care"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
rushmc 23 #62 February 2, 2013 I gotta say it is very easy to understand your support of what is going on I would bet even you can make money when 85 billion is thrown your way every month Congrats"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
rushmc 23 #63 February 2, 2013 Quote Quote Mostly good points however IF the gov was spending less today we would IMO have come out of this mess much sooner The out of control spending is keeping the economy down Now some will point to the stock markert as something proving my wrong Well, if some gov was throwing 65 billion a month at you, how would you be doing? I didn't know you were an economist! Why is no one listening to your opinion! It's BS we are still experiencing a sluggish "economic recover(y?)" when people like you had the solution all along. But as already said: Govt. spending is a vital part of GDP when the economy is not spending in the private sector. When credit markets dry up and no one is lending money it becomes hard for business to SPEND money. SO the govt. steps in. They don't HAVE to of course. But they really don't want to see another great depression so they do their best despite master opinions like yours. Spending does not keep the economy down. Spending is the economy. WTH???? If the economy is doing good with gov spending Why in hell does the WH have to BLAME the economy on bad decisions Are you confused ? Cause Im not But then, I literally do not understandhttp://www.weeklystandard.com/blogs/obama-blames-economy-bad-decisions_699231.html"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
Bolas 5 #64 February 2, 2013 Quote Bush came in and spending increased with no national crisis like a major recession. 9/11 was not a national crisis? Stupidity if left untreated is self-correcting If ya can't be good, look good, if that fails, make 'em laugh. Quote Share this post Link to post Share on other sites
Bignugget 0 #65 February 2, 2013 :[. I think this might be a lost cause. Quote Share this post Link to post Share on other sites
Bignugget 0 #66 February 2, 2013 I guess in the same way Oklahoma City was. Good point. I meant a national crisis threatening our infrastructure. We didn't invade people after Oklahoma City, I think that may have saved us some money. Not sure a war was needed to thwart some dead dudes. Quote Share this post Link to post Share on other sites
rushmc 23 #67 February 2, 2013 I think you getting desperate"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
Bignugget 0 #68 February 3, 2013 Well that's obvious. After your salient on point retorts how could anyone still be in a debate with you? My only saving grace is the fact you will die 30 years before me and so I still have a chance. Quote Share this post Link to post Share on other sites
rushmc 23 #69 February 3, 2013 It's all about you. I get it"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
kallend 2,148 #70 February 3, 2013 QuoteQuote I guess investors don't agree with your gloom and doom. DOW over 14,000, S&P over 1,500. NASDAQ over 3,000, Russell 2000 up over 7% in the last month. How did these perform under the Bush administration? Oh yes, they all went DOWN. Hmmm If you were getting 85 BILLIONS stuffed at you every month How would you be doing? It must really gall you to be reminded that the economy tanked under Bush's watch. All the major indices were DOWN by the end of his term. And they have roughly doubled under Obama's watch.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
