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Study: "Debt Problem Began Four Decades Ago"
Townhall.com ^ | January 21, 2013 | Kevin Glass

Posted on 01/22/2013 3:48:01 AM PST by Kaslin

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To: Kaslin

Debt problem began in 1913 when the central government began taxing incomes. As if that wasn’t enough the president at that time, Woodrow Wilson, decided to involve this nation in a strictly European war.

Thus began the guaranteed decline of the USA.


21 posted on 01/22/2013 5:20:12 AM PST by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: Kaslin
This is a long slide as the Middle Class is being Pauperized.
The TOTAL Credit market Debt profoundly dwarfs the Federal Debt.
We are approaching a zero crossing for Worth vs Total Debt


22 posted on 01/22/2013 5:27:48 AM PST by HangnJudge
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To: freekitty

The interstate hwy system was brought to life in the 50’s by President Eisenhower. It was based upon military requirements as well as public transportation needs.


23 posted on 01/22/2013 5:32:46 AM PST by billhilly
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To: Kozak

I clearly remember all the gnashing of teeth over LBJ’s welfare programs, deficits, bankrupting the country, “guns and butter” re Vietnam...this debate has been around at least 40 years. I think it really took center stage with LBJ’s “Great Society” programs. What a resounding success hat was — decaying country and social values, no jobs, disappearing middle class, blacks worse off than ever due to government “largesse.”


24 posted on 01/22/2013 5:58:01 AM PST by ProtectOurFreedom
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To: Kaslin

bttt


25 posted on 01/22/2013 6:25:42 AM PST by sphinx
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To: Kozak
How could the ‘Rats keep the spending up as well as get plenty of what they wanted (And Keep) with only a majority control of the House during that time? Lol...
26 posted on 01/22/2013 6:36:54 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: IbJensen
“Debt problem began in 1913...”

Ditto, the seeds of mischief were set during that time (Also Judges began attacking weak points in the US Constitution). Another reason why the word/movement of “progressive” in the realm of politics means malignancy, not proficiency.

27 posted on 01/22/2013 6:46:03 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: IbJensen
“Debt problem began in 1913...”

Ditto, the seeds of mischief were set during that time (Also Judges began attacking weak points in the US Constitution). Another reason why the word/movement of “progressive” in the realm of politics means malignancy, not proficiency.

28 posted on 01/22/2013 6:46:14 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: IbJensen

Apologies for the double post


29 posted on 01/22/2013 6:47:01 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: Kaslin

So it’s not really Obama, Bush, Clinton’s fault??!!!


30 posted on 01/22/2013 6:48:14 AM PST by stuartcr ("I upraded my moral compass to a GPS, to keep up with the times.")
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To: Kaslin

We are so detached from reality, Washington and the American people. They can’t even talk seriously about real cuts, just a slow down of an increase of the budget is cast as an affront to decency and people will suffer and die if the budget increases 1% instead of 4%.


31 posted on 01/22/2013 7:00:36 AM PST by Brett66 (Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
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To: billhilly

No it started in the 20’s and 30’s. Commerce, etc.


32 posted on 01/22/2013 7:12:20 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Tublecane

Yep...It was Andy Jackson.

http://www.youtube.com/watch?v=7Au2-J-3on0


33 posted on 01/22/2013 7:13:21 AM PST by maxsand
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To: stuartcr
Well Obama has a weak excuse that historians will probably touch on (Since exorbitant public spending keeps looking to the winning policy).

"Congress was not very forthcoming in terms of sending him a yearly budget to sign during the aftermath of the Great Bush depression which would have destroyed the human race. The savior Obama, who was in fact reality's version of Superman, refused the call towards austerity. Obama pushed back the demon possessed Republicans with their spending cuts thus, humanity was saved."

But yes, (Crap, Captain Obvious, with a little disingenuous facts thrown in the mix) articles like this are designed to remove the culpability of present day politicians.
34 posted on 01/22/2013 7:13:34 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: stuartcr
Sorry stuart, meant "...looking to the be the winning policy."
35 posted on 01/22/2013 7:16:19 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: freekitty

I entered the United States Air Force in 1956 and President Eisenhower was my commander in chief. You don’t have to take my word for it, here is a reference to the Interstate Highway
system and its development if you care to see it. http://www.fhwa.dot.gov/interstate/history.htm


36 posted on 01/22/2013 9:09:20 AM PST by billhilly
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To: billhilly

I believe you. But the 20’s and 30’s were when this stuff began.


37 posted on 01/22/2013 10:22:18 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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