XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "X, formerly known as "!Jones""  wrote in message   
   news:eqsa8j1v2qkd66hkl7bv4chog4pnjf4ri2@4ax.com...   
   > If this is a medical emergency, stop reading, log off, and dial 911!   
   >   
   >>HAW HAW HAW HAW !!!!  A Republican complaining about debt!  It is to   
   >>laugh!   
   >>   
   >>When a President leaves office with a destroyed economy and hundreds of   
   >>billions in new   
   >>spending commitments, the tap can't simply be turned off.   
   >>   
   >>It took Obama eight years to work the deficit down from a trillion and a   
   >>half to half a   
   >>trillion after the catastrophe of the Bush Presidency.  Otoh, it took Bush   
   >>only one year   
   >>to turn a Democrat's surplus into deficit and just seven more to convert   
   >>that surplus into   
   >>a deficit 150% of what the TOTAL NATIONAL DEBT was when Reagan was sworn   
   >>in.  Trump turned   
   >>Obama's half trillion deficit into $8B of new debt in only four years.   
   >>   
   >>And you're complaining that Biden isn't fixing the Republicans' screw up   
   >>fast enough?   
   >>   
   >>HAW HAW HAW HAW !!!!   
   >   
   > Neither party has a particularly good record of controlling spending.   
   > When one party demands that spending be cut, they mean to cut the   
   > other party's pet projects, but not theirs!  Every administration   
   > since 1980 has run a deficit.   
      
   I would say further back than that when you look at the national debt   
   figures. If you are running up debt, then the budget isn't balanced or you   
   aren't counting it all.   
      
   >  Some point to Clinton who had a   
   > balanced budget in 1999 and 2000, but he was just economically lucky.   
      
   Yep but even with his "balanced Budget" we still add a significant amount to   
   the national debt.   
      
      
   > The problem isn't the Democrats or the Republicans... the problem is   
   > that Americans are fat and lazy.  We're used to living spending more   
   > than we produce in actual wages... so we demand pay raises.  *This* is   
   > the source of inflation, not the president!   
      
   No, I have to disagree while labor costs are an issue, they are largely   
   driven by inflation caused by excessive taxation, excessive spending, and   
   the creation of money by increasing the money supply of fiat currency.   
      
   Between July 1960 and today the US dollar as lost 98.5% of it's value to the   
   gold standard. Have wages increased by that much? Hardly. Further in 1960   
   taxation (both direct and indirect) represented about 18% of a person's   
   gross income. Today that number is 50-60% of a person's gross income.   
      
   Wages have increased but not nearly enough to account for the drop in the   
   value of the dollar.   
      
   > Hard times are coming soon... in Vietnam, we used to say: "Eat your   
   > peaches." when we expected the shit to hit the fan. (We'd save our   
   > peaches because they were the best part, but we didn't want to die not   
   > having eaten them.)  Get out of personal debt, and get fit: physically   
   > and financially.  The political far right is ascendent across the   
   > political and geographic spectrum, and, historically, global war has   
   > usually followed political instability.   
   >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)