So did the stimilus ruin the recovery?

evince said:
And Reagan did what?

You hate facing the fact that Clinton was better on deficits than any of your guys huh?
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No, I dont hate that at all. Bill Clinton did much better on deficits than any president in my lifetime.. Im down with that.. and I like Bill CLinton because of it.

I was simply pointing out to the other user that there was no balanced budget nor any surplus under Clinton..


And honestly, I dont even blame Clinton for that.. I blame the federal reserve.

The entire money system makes paying off our debt impossible.
 
Mike Mitrosky said:
Immensely concerned. George W. Bush was an atrocious president. Worst one in my lifetime.. But Barack is following in the same footsteps..

They always do.. Theres no difference between GOP and democrats... its the same party really.
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Then why does the stock market do better under dems , why does the debt increase less under dems.

Obama was left HUGE debt burdens by Bush and greatly reduced revenue.

He is doing stimulus because it is a PROVEN way to recovery.

Only people who refuse history claim it is not.
 
Desh if you were heavily in debt and you borrowed more at increasing rates what would that do to your economy?
 
Southern Man said:
Desh if you were heavily in debt and you borrowed more at increasing rates what would that do to your economy?
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When Bush left a huge mess there was no choice but to try and restart the economy.

It has worked in the past and is working now.

You want to pretend it doesnt but that just makes you a partisan idiot who denies all the historic evidence.
 
southern man bought two houses at the peak of the housing market and you expect him to know we are out of the recession. LOL
 
evince said:
Then why does the stock market do better under dems , why does the debt increase less under dems.

Obama was left HUGE debt burdens by Bush and greatly reduced revenue.

He is doing stimulus because it is a PROVEN way to recovery.

Only people who refuse history claim it is not.
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Im not sure the stock market does better under a particular party. Yeah Bush definitely left things in a big mess for Obama, no doubt about that.. But Obama is continuing all the same policies.. He's doing the same bailouts, same overseas wars.. Nothing is changing. The people who advised Bush are the same people who advise Obama now.. and they are the real ones setting policy - not Obama.

I dont believe in Keynesianism, that the way to get yourself out of debt is with more debt.. Or the way to cure overspending is with more spending. It flies in the face of common sense.
 
Topspin said:
southern man bought two houses at the peak of the housing market and you expect him to know we are out of the recession. LOL
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He may be in a "recession", the nation has moved on and is in a "recovery"!
 
Southern Man said:
Cite.
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What he will probably point to is a report from the fed that said July 1st, 2009 (If I remember correctly) that the recession was over because of GDP numbers..

Of course GDP numbers like most govt statistics are carefully crafted to lie and misinform..

When they devalue the money enough then there will come a point where we reach equlibirium and a boom might even begin.. But we're not really fixing anything.. we're just playing with paper values.

We wont fix things until we start producing and export more goods than we import.
 
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