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Author Topic:   National Budgets and Budget Deficits
nator
Member (Idle past 2200 days)
Posts: 12961
From: Ann Arbor
Joined: 12-09-2001


Message 16 of 19 (455636)
02-13-2008 8:15 AM
Reply to: Message 7 by GDR
02-12-2008 7:42 PM


Americans are dumb. There are still people who think that supply side economics is a good idea.
quote:
Well as a Canadian let me say I disagree with the first part of your statement
As an American, let me tell you that they are dumb. Poor, sloppy, biased thinkers for the most part. Lazy and selfish and shortsighted when it comes to who they vote for, too, or if they vote at all. Oh, and too easily let by style and rather blind to substance, as well.
I mean, come on. GWB got a second term.
The American people got the president they deserve if they are so retarded as to do that.
quote:
and as for the second part I can't see where supply side economics has anything to do with it. It doesn't matter what economic philosophy you believe in. Spending more than you earn is just not a good thing whether it be in your household or your country.
The thing is, those are the same people who completely villify and froth at the mouth when the name Clinton is mentioned, even though he presided over one of the best and longest periods of economic prosperity in our country's history, AND gave us a balanced budget.
Why they continue to vote for the party that consistently, historically sends us into economic crisis (Reagan did it, Bush Sr. did it, now Bush Jr. has done it) and continue to reject Democrats simply becasue they are Democrats is beyond all reason or sense.
What has happened in the rightward swing of the country over the last several decades is that the mainstream Democrats have taken the place that used to be held by the moderate Republicans like Nixon and Goldwater. The NeoCons are really advocates of extremely liberal policies in a sense, in that they have created an enormously powerful, huge federal government, spend far more than they have, and enact laws which restrict individual freedom and seek to legislate morality.
But anyway, it isn't true that supply side economics has nothing to do with it.
Cutting taxes without reducing expenditures are supply-side economic policies.
Edited by nator, : No reason given.

This message is a reply to:
 Message 7 by GDR, posted 02-12-2008 7:42 PM GDR has replied

Replies to this message:
 Message 17 by GDR, posted 02-13-2008 1:19 PM nator has not replied

  
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