Quote:
Originally Posted by sperbonzo
And while you guys are all busy supporting either the Dem's or the Reps blindly, like it's some kind of silly college football game.... they are both doing THIS to you, and none of you care, or are even paying attention....
Just keep on yapping about how the Dems are great and the Reps are evil, or how the Reps are great and the Dems are evil... And meanwhile they are both staying busy screwing us all silly......
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Michael, I agree completely that current deficit levels are unsustainable (not to mention the both screwing us silly part), but here's the immediate problem: history has shown that austerity during bad economic times
virtually always leads to disaster.
The stimulus packages that began in 2008 were successful in staving off a much deeper recession.
"Since the economy began to falter in 2007, Congress has passed what amounts to three stimulus bills ? a bipartisan $158 billion package of tax cuts signed by President George W. Bush in early 2008; a $787 billion bill pushed by President Obama when he took office in 2009 in the wake of the financial system?s collapse; and a tax cut and unemployment fund extension agreement reached by Mr. Obama and Congressional Republicans in 2010 and extended again to cover 2012.
While Republicans have derided the 2009 stimulus as a failure(1),
the consensus among economists has been that it helped stave off deeper job losses and supported a modest recovery.
http://topics.nytimes.com/top/refere...lus/index.html
(1) every single thing O'BlackGuy has done has been derided as a failure by the reps, successful or not.