From: Jeff Strickland on

"Roy Blankenship" <pointblaank(a)earthlink.net> wrote in message
news:itKdnUUag-OKt2_XnZ2dnUVZ_sednZ2d(a)earthlink.com...
>
> "Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
> news:hct88c$mg9$1(a)news.eternal-september.org...
>>
>> "dr_jeff" <utz(a)msu.edu> wrote in message
>> news:ddCdnfmTuqKOv2_XnZ2dnUVZ_s6dnZ2d(a)giganews.com...
>> > Mike Hunter wrote:
>> >> Seems to me we would have been better served if the Feds had lowered
> tax
>> >> RATES, so we could buy more stuff and grow the economy, rather than
>> >> taking money from us to give it too others. Why does the government
>> >> never learn from history? When Kennedy, Reagan and Bush got the
>> >> Congress to lower tax RATES, the income to the US Treasury when UP.
> BO
>> >> and the Dim Congress prefer to spend money we do not have to try to
>> >> get
>> >> the same result, not so smart. Did they not TAKE Economics 101, or
> are
>> >> they just stupid?
>> >
>> > Yet Bush left the country with the biggest deficit and national debt in
>> > history.
>> >
>> > The big difference is that Bush was not spending the money of people
>> > paying taxes, he was spending future taxes.
>> >
>> > Jeff
>> >
>>
>> Obama has grown the deficit by four times. Obama's debt after just 10
> months
>> has dwarfed the debt of all eight years of the Bush Administration. And
>> Obama is still going.
>>
>> PS
>> By definition, ALL deficits are funded by future taxes. Obama is spending
>> four times the amount of future taxes that Bush spent.
>>
>
> Your post is disingenuous. Bush grabbed money and gave it to Wall St,
> overseas interests, no-bid contracts, KBR, etc. Obama is trying to spend
> money HERE on US to get the economy going, and you are objecting? Were you
> objecting when Bush was spending us into this mess?
>
>

Wake up. Obama is doing the same thing. If he really wanted to get the
economy going, he'd be slashing yours and my taxes. He'd make sure the banks
didn't raise our credit card rates ESPECIALLY after giving them billions in
stimulous dollars -- dollars that if you and I had, we would spend stuff we
need and that would give somebody a job to make so we could buy it.

Obama is driving straight at the cliff with his foot firmly planted on the
gas pedal, AND he appears to have drained the fluid from the braking system.

Oil prices are going up because the value of the dollar is going down.
Supplies are high, demand is low, yet the price of oil is going up. That can
only happen if the value of the currency used to buy and sell oil is going
down.








From: Lamont Cranston on
Jeff Strickland wrote:
> "dr_jeff" <utz(a)msu.edu> wrote in message
> news:ddCdnfmTuqKOv2_XnZ2dnUVZ_s6dnZ2d(a)giganews.com...
>> Mike Hunter wrote:
>>> Seems to me we would have been better served if the Feds
>>> had
>>> lowered tax RATES, so we could buy more stuff and grow
>>> the economy,
>>> rather than taking money from us to give it too others.
>>> Why does
>>> the government never learn from history? When Kennedy,
>>> Reagan and
>>> Bush got the Congress to lower tax RATES, the income to
>>> the US
>>> Treasury when UP. BO and the Dim Congress prefer to
>>> spend money
>>> we do not have to try to get the same result, not so
>>> smart. Did
>>> they not TAKE Economics 101, or are they just stupid?
>>
>> Yet Bush left the country with the biggest deficit and
>> national debt
>> in history.
>>
>> The big difference is that Bush was not spending the
>> money of people
>> paying taxes, he was spending future taxes.
>>
>> Jeff
>>
>
> Obama has grown the deficit by four times.

Wrong. The CBO projected the 2009 deficit at $1.2 trillion
based on Bush's 2009 budget and 2009 tax revenue estimates
weeks before Obama took office. The 2009 deficit belongs to
Bush.