Posted on 02/26/2008 7:14:05 AM PST by FreeInWV
Is it apparent that we have spent like drunken sailors? No offense intended towards drunken sailors.
Fine: We have spent money like a drunken Kennedy in a whore house.
And, unfortunately, for the things he did right, this is one Bush did very wrong.
read later
This is money in current accounts? Well no wonder.
It is NOT a measure of net worth.
Most spending is mandated by laws ( for example social security, Medicare , Medicaid). Can a president reduce the number of people who get social security disability benefits or Medicare?NO. Are 14% of Americans really disabled or are they getting a free ride? You decide.
These laws have been passed by mostly by big government Democrats like FDR.
The only way to really decrease spending,stop the United States from becoming bankrupt, and reduce the size of government is to repeal many of these laws passed in the last one hundred years especially the 16th ammendment and the environmental laws that are crippling manufactoring and the energy industry in the U.S..
I haven’t seen anybody, including any politician make this point. Most spending (84%) if you include military spending is mandatory and increases are mandatory. Most government educated people think that a president rules by decree. The U.S. is still a nation of laws and a president has to follow the law too. This is why Bush and even Reagan could not reduce spending. Nobody has been for limiting government and government spending more than Ronald Reagan but he could not do it because of this reason.
True. However, it’s undeniable that we are borrowing ourselves deeper into the hole while providing aid to countries with positive assets.
Yet, somehow, Clinton was able to eliminate the budget deficit. We may not agree with HOW he did it, but he was able to do it.
Let’s face it, Bush has been irresponsible for nearly 8 years. Yes, many things he can’t affect. But, many he can and should have.
Sorry but government spending did decrease during Clinton’s term but it increased greatly during that time. Look it up.
The budget was balanced only 2 of clinton’s 8 years. so you are wrong about Clinton. Clinton had a deficit 6 of 8 years.
The reason the budget balanced TEMPORARILY was because of several flukish factors that favored the economy temporarily like the internet bubble and a very low price of oil. Clinton did not reduce spending even with the Republican controlled congress he had.
In fact during which president’s term has government spending decreased ?
Sorry but government spending did NOT decrease during Clinton’s term but it increased greatly during that time. Look it up.
The budget was balanced only 2 of clinton’s 8 years. so you are wrong about Clinton. Clinton had a deficit 6 of 8 years.
The reason the budget balanced TEMPORARILY was because of several flukish factors that favored the economy temporarily like the internet bubble and a very low price of oil. Clinton did not reduce spending even with the Republican controlled congress he had.
In fact during which president’s term has government spending decreased ?
Since when does the CIA get their facts straight?
Federal spending increases during the Clinton 1990’s in million of dollars:
1990 1,253,130
1995 1,515,884
2000 1,789,216
So you see from these figures that Clinton increased spending almost by one half a trillion dollars.
proof:
http://www.infoplease.com/ipa/A0104753.html
Thanks for being the voice of reason on this thread!
I am not sticking up for X42, but to be fair you should report GWB’s numbers as well.
Spending and balancing the budget are two different, even if related, things. You can increase spending and balance a budget. And, you have already admitted that the budget did balance during Clinton’s admin. Where has it gone with Bush?
Say what you want, but, suprisingly, Clinton did consistently push for balanced spending, even if we don’t agree with how it was spent or how he got there. Bush, OTOH, has been horribly irresponsible. Instead of ACTING like a fiscal conservative, he has acted like a liberal, doing nothing to curb either the size of government or its out of control spending.
Hopefully we’ll have a chance to reduce spending with McCain as POTUS.
I have not forgot. But, this is a fact of history: Clinton did TRY and balance a budget. This is also a fact of history: Bush hasn’t evidently given it 2 thoughts. He has given us the 6 worst years in the history of the US, 5 of the 6 individually are the single worst in history by themselves. Collectively, Bush has, what, doubled the national debt or some idiotic percentage.
And, yes, Bush may realize that you can’t buy liberal love. But, you can be assimilated by them and turned into a fiscal liberal.
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