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Reply to "Markets to Tea Party: You Suck!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Obama got his blank check. It's his economy. His ideas have failed. He will be crushed in 2012, anything is better than this crap.[/quote] Ah, yes. The "blank check" of having every policy the Democrats have tried to implement undercut by the GOP, who want nothing more than for the economy to stay in the shitter until the next election. It's the tragedy of our shitty political system. If we had a parliamentary system, we'd have an election, the winner would constitute the government, and they'd enact policy. Instead we've got a Rube Goldberg contraption with 1,001 veto-points where the party that want's to throw sand in the works can do so with impunity. Hell, Obama can't even make executive branch appointments without individual GOP senators preventing their appointment. Anyone who argues that Obama has had a blank check is either lying, or they actually believe that shit. Sadly, given that you're an anonymous commenter on the internet, it's highly likely you fall in the second camp. Sad.[/quote] obama had supermajorities in congress for 2 years. No President in the modern era has had so much power to implement his agenda. This is his economy. This is how it feels when Democrats implement their ideas, I remember the 70's which was a liberal high-point and it SUCKED.[/quote] BUSH was the one, who in his infinite wisdom decided to fight an expensive war with his personal enemy WITHOUT raising taxes. Have you EVER heard of so much stupidity? His friends got contracts and got rich paid less in taxes, kids got shot and killed, and we are straddled with the debt. OH OH, I forgot to mention Mr. Greenspan who everyone thought was such a genius. Well it turns out that he was stupid stupid stupid. He was doing one big economic experiment with "free markets", except he did not tell anyone that it was an experiment. He played with the world's largest economy and put half of the world into a tailspin. I am not sure what BO could have done with this debt "deal". His biggest mistake is that he should have moved sooner when he had the majority. Hey guys, our debt is quickly approaching our GDP. Our whole output for a year. That is how big the hole is. I AM scared...are you?[/quote] The problem is this: a return to growth (i.e. an end to the recession), coupled with ending Bush's interminable and disastrously conceived wars, and the rollback of his ruinous tax cuts would put us on the path to eliminate our debt. Under Bush, we pretty much pruned back our revenues to nothing, spent money we weren't collecting on stupidities like simultaneous Near Eastern quagmires, and failed to respond in any meaningful way to the recession (the severity of which was actually underestimated by the BEA). So [b]of course[/b] we started taking on massive debt via the policies pursued under Bush, and perpetuated under Obama. The hilarious thing is, most economists who recommended stimulus all argued that the one passed was about half the size of what would be effective. And like an idiot, Obama hailed it as a victory. This of course undercut any support for a real stimulus because "we already tried that and it didn't work". It was the equivalent of driving your car into a ditch, having a mechanic recommend you pull it out with a tow truck. So you decide a tow-truck's too expensive, you'll just get a couple of your friends and pull it out of the ditch with your bare hands. That stupid fucking mechanic! He said it would work, and it didn't![/quote]
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