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Originally Posted by G-Man
Yeah, especially since the biggest chunk of money in the stimulus bill went back to tax payers as tax cuts, and the 2nd biggest chunk went to state and local governments to keeps cops, firefighters and teachers from being laid off.
It never ceases to amaze me how the right wing could stop being deficit hawks, starting the moment Bill Clinton handed GW Bush a budget surplus. They sit quietly while Bush promises the Iraqi Oil Money will finance the war, then he charges a trillion dollars on his Chinese funded Amex card. Instead of asking Americans to pay their fare share, he put war funding off budget.. They say nothing as his lack of regulation of the financial markets combine with the Gramm Leach bill to melt down the economy. They whine slightly when Bush borrows another 750 billion to keep the economy from collapsing. Then its suddenly Obama's fault that Bush hands him a budget with a 1.4 trillion dollar deficit.
Now, Barry is in charge. The amateur president has the economy growing, unemployment stabilizing, and hopefully trending down. The stock market is recovering, the car companies still exist, the banks are paying back the TARP loans, and next year, perhaps medical bankruptcy and pre-existing conditions will no longer threaten the financial health of anyone who gets sick. Jobs remain a problem, but with unspent stimulus money coming on line next year and more focus, its just a matter of time before that picture improves too. The Republicans only hope is that it doesn't. And they should be ashamed of themselves, because when they root for Obama to fail, they are really hoping for the economy to get worse.
Thats just sick.
So I wouldn't worry so much about jobs or the deficit. Obama has done such a good job of cleaning up all the other messes Bush left behind, I'd be surprised if he doesn't handle the2 as well.
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And to think, you have such logical opinions when we're talking basketball.
The true fiscal conservatives complained about increased spending and expansion of government under Bush. Don't blame us. Blame the people that took over the Republican party during the Bush administration, because they weren't fiscal conservatives.
What's really odd is that you are talking out of both sides of your mouth. One the one hand, you decry the things that Bush did fiscally, but on the other hand you praise Obama. They are both big spenders who believe that printing more government money and borrowing from the next generation is the way to solve problems.
I agree with your point that Clinton (and a Republican Congress) handed the Bush administration a budget surplus. Since then we've had nothing but reckless spending and financial cowardice from Washington. The shame is that if Bush had coupled tax cuts with reductions in spending, we really could have steered this country's financial ship the right way. Instead, we now have to wait for the inevitable to occur -- tax increases AND spending reductions. Unfortunately, no one has the political courage to do what has to be done, so it will likely take a long time and cost a lot more.