patrick.net

The GOP are saving us from the Liberal's reckless economic policies, what part of that you don't understand?
The Liberals had their day in the sun, and they fleeced down the other beach goers and took all of their Sun Screen, iced cold beverages, and snack crackers. They blew it on their own pompous greedy aspirations, and gave out laurels to dolts and bafoons and touted them as accomplishments.

They've done nothing but grandstanded and postured to the little guy, while dancing tango with the fat Cats on party yachts and discotheques in the Village.

It would all be so compelling had there been some shred of Change in the last 3 years. Ironically the Washington Bullshit kicked into Over drive, and it's been Liberals at the wheel of the party Hearst.

Glad I could clear things up.

Yes, they created a policy void that the GOP filled with...Tenouncetrout says

Glad I could clear things up.

If only you had read the piece. His big point is about how the GOP destryed the surplus and the projected surpluses by:

Specifically, they did four things: cut taxes (with a heavy tilt toward the rich), waged two wars on the national credit card (one of which was against a country that had nothing to do with 9/11 and posed no serious threat to America), passed a prescription drug benefit with no pay-for (the first entitlement in American history without a revenue source), and deregulated Wall Street (which helped turn the American economy into a casino and touched off the Great Recession).

The last one, CLinton might have helped with, but otherwise...

http://www.whitehouse.gov/infographics/us-national-debt

Whatever you do Tot, don't put too much of your analytic skills in to comprehending that graph.

What a lot of the simpletons miss is the degree to which lower GDP increased deficits.

What self serving ass bag, puts out a WhiteHouse.gov blame chart about the last administration.

Last I checked it's not Bush in danger of losing a second term. And leaderless crap like that sad display is desperation to grasp straws, and nothing more.

He's a Class act that Owebama.

Tenouncetrout says

What self serving ass bag, puts out a WhiteHouse.gov blame chart about the last administration.

What kind of ingrate thinks that the whitehouse could put outright lies on it's site describing spending. Think about it. What kind of fodder would that be for upcoming political campaigns. Surely the truth will get out about spending right ? Surely the people will want to know, just like you want to know... HA...right. It's hard for me to tell which is worse, your dishonestly with yourself, or your stupidity. I guess one pretty much requires the other.

Dimbulb. Isn't there some kind of switch you can use.

Great men don' t inherit they create with the resources they are given. With that defeatist attitude, Bill Clinton should have had the worst two terms in history, and drove America off the cliff, coming in office after 12 years of Bush Sr. for four years, and 8 years of Reaganomics disastrous economic policies.

But no, Clinton didn't sit around and Bitch about the last administrations, he created his own mark. And do you wanna know why?

Because Clinton was more than talking Fluff.

So, in other words cause and effect in your world is always immediate ?
I guess there is no way that Reaganomics was disastrous if the disaster wasn't immediate.

If you have followed the events of recent years, then you know that the housing bubble crash is considered by many to be the culmination of a 3 decades long credit boom.

In 1992 when Clinton came in, we had a minor recession, not the kind where the fed takes fed funds rate down to zero for years, and it still doesn't stimulate the economy back to life.

Something is a little different this time. Patrick has posted dozens of good articles about it. I'm not going to break it down for you, because if you wanted to have a clue, you would by now. If you're curious, just spend a couple hours reading Troy's past comments.

http://patrick.net/?author=3912

Tenouncetrout says

Great men don' t inherit they create

I don't disagree, but there is an echo chamber saying things like "Obama's stimulus didn't work - proof: it didn't lower unemployment below 8% as Obama promised" (wtf, he said what he needed to say to get that totally inaduate stimulus).

The teabaggers constantly talk about Obama's out of control spending.
They use the severity of the situation to neutralize his efforts. Since almost the beginning they have blamed him for our economic situation.
Why ? Because it plays to morons and the hyperbiased such as yourself who want to believe that.

And you're surprised this put's the Whitehouse on the defensive ?

There are a lot of assholes out there that would rather see our economy go in to deep depression than to see Obama be successful. My guess is that you're one of them, although I can't imagine why.

marcus says

The teabaggers constantly talk about Obama's out of control spending.
They use the severity of the situation to neutralize his efforts. Since almost the beginning they have blamed him for our economic situation.
Why ? Because it plays to morons and the hyperbiased such as yourself who want to believe that.

It would take a Moron to NOT see Obama's out of control spending, it doesn't take a Tea Bag to see it.

This is why I was routing for Al Sharpton to have been the first Black President. He would have at least passed tons of Agenda based jobs bills, by now.

So please tell me the part of the graph above that is dishonest.

( Or continue being as dishonest with yourself as you possibly can )

Funny how a supposed analyst is so afraid of facts.

Hint: when massive recession hits, even keeping spending the same as it was, causes debt to jump by trillions.

In the fact based world, this isn't exactly out of control increases in spending.

Well that "Chart" as an "Object" it's self, as the gentry folk used to say, when shit like that was "Uncalled for" is "disingenuous"

I haven't forgotten all of his grandstanding and bill theatrics either initiating much of Bush's spending policies from 06-08, or championing every single bailout GW's pen ever signed.

It was he that blew off a Televised debate, to run to Washington and created a 600 page bill over night to bail out AIG, GMC and many other Wall street fat asses. In fact AIG had a big Party that week end. Good God Man don't you remember?

You've fallen for the oldest trick in the book. A lying politician.

I'm actually somewhat disappointed with Obama, especially not letting the Bush tax cuts expire, and not fighting for a more progressive health bill. But I'm still holding out hope that what he's doing is strategic. He has exposed the underbelly of corruption that exists, to a degree that far exceeds anything we saw before.

I am more upset with the polarization that he hasn't been able to overcome. I think the rabid craziness of the fight against health care reform, threw him for a loop.

As disappointed as I am, I'm not going to whine and complain about him as a president yet. I'm more bothered by how far to the right our entire government is, and that he has to try to function in such an extremist environment.

More over the chart attributes money earmarked for (X) to Bush, like Domestic and Defense Spending, and that list the Bush expenditure for Afghan and Iraq War.
What it fails to do is list what Obama has added, used as is or reduced from those cost. How much has Obama spent? If Obama has still been operating on money Bush funded, then Obama could have at any time refunded and used those moneys to go else where. He has failed to do so, and has done so miserably. And more importantly, he lacked the will or gumption, to even try.

I'm also trying to wrap my head around the "defunded prescription drugs for seniors" part of that chart!"
Isn't the point of that chart to show who's out spent who and what they've added to the National debt?
Then why is a credit on the list, and how is that chart even keeping a tally? You know Fuck it! I stand firmly by my initial assessment, and if you can't see that chart for what it is. Then you should pull your brain out from your nose and flush it down the Toilet.

Tenouncetrout says

He has failed to do so, and has done so miserably. And more importantly, he lacked the will or gumption, to even try.

But on the other hand, relative to the future, the military industrial complex won't find it easy to argue(and fund campaigns saying) that democrats are weak on defense. Since a big part of what the military is doing in Iraq and Afghanistan at this point is about winning hearts and minds, and training to possibly hold on to some return on investment and ongoing good relationship, it can easily be argued that just abruptly leaving wouldn't have been wise.

Yes, he's a politician.

marcus says

find it easy to argue(and fund campaigns saying) that democrats are weak on defense.

Oh Oh because Democrats give a good crank what in the fuck republicans think about them... Right?

And because the Democrats depend on the "Shoot 'em all, and let God sort 'em out!" crowd for votes?

They say the 40% in the middle, "moderates" of both sides and independents determine elections.

Especially true for the President.

Tenouncetrout says

The GOP are saving us from the Liberal's reckless economic policies, what part of that you don't understand?

Liberals have an enormous voting clout to vote themselves unsustainable benefits which fall on the next generations shoulders. It's what they have been doing. Earlier I watched the AFL CEO/CIO whatever he was give speeches, it was disgusting.

And the worst part is that liberals are trying to take advantage of the situation this country is in while disregarding it's failing financial future. Greenspan today brought up a very good point, that we are now counting revenue that is not even there. Our liabilities, are much higher than they are being presented.