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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Lady
Date:   7/8/2009 12:13:08 PM

Are you really that out of touch. When I read the biased article you posted I had to laugh. What you and the writer of this article fail to realize is the "boom years" under Regan (and Bush) that is reference, did not just happen, they were created through policy decisions around taxes and smaller government. Did that raise the deficit short term ... yes ... but through the growth in the economy, tax revenues will catch up.

It is less risky to borrow and expand debt when you are expanding the economy and creating prosperity. Businesses that are growing tend to leverage up to fuel their growth and that is a good thing. The same with government.

The problem under Obama is his policy decisions are not expanding the free markets, in fact making them smaller, he is puttting more governemnt on the backs of people and business and making them pay for it, and worst he is borrowing from future generations to do it.

If you ever owned a business and your business is getting worse, it is unlikely you can borrow more money. Regan (and Bush) did not print money to fund more government and government programs, they cut taxes to stimulate the economy and put more money in the hands of people ... that is the primary source for the deficits under both. That can be much easily handled because the economy is expanding and you are creatying jobs.

What Obama is doing is just plain DANGEROUS !@!!!!!
Other messages in this thread:View Entire Thread
U.S Debt Clock - MartiniMan - 7/8/2009 9:57:17 AM
     U.S Debt Clock - Lady - 7/8/2009 11:11:13 AM
          U.S Debt Clock - Summer Lover - 7/8/2009 11:26:00 AM
          U.S Debt Clock - MartiniMan - 7/8/2009 12:04:44 PM
          Lady - water_watcher - 7/8/2009 12:13:08 PM
     U.S Debt Clock - Talullahhound - 7/8/2009 12:03:58 PM
          Gives drunken sailors - MartiniMan - 7/8/2009 12:05:26 PM
               Gives drunken sailors - Talullahhound - 7/8/2009 2:49:47 PM
                    P.S. - Talullahhound - 7/8/2009 5:15:25 PM
                         12/12/12 - MartiniMan - 7/8/2009 5:31:38 PM
                              I'll take that bet - lazarous - 7/9/2009 8:12:41 AM



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