I'm not sure there are any "Republicans" around here, per say...
there arent even any real right wingers around here. just a bunch of suckers.
One thing that we have to make abundantly clear to anyone straddling the fence on war spending is this. A Big budget deficit KILLS AN ECONOMY. It doesn't happen at the time you're running up the debt. It's like maxing out one credit card after another but when the note comes due POW! It hits the economy hard. Everything cost more because you're having to service all that debt.
It happened to Bush #1 when Reagan pushed all that cold war military escalation debt over onto his term. The economy went TERRIBLE and it really wasn't his fault. The damage had been done in the previous term.
Bill Clinton came in and put a sign on his desk that read,"IT'S THE ECONOMY STUPID!" He focused on reducing the budget deficit out and our economy was great for 8 straight years.
First -- deficit spending isn't always a bad thing. It worked on the international level for most of the 20th century (Kenysian economics, that is).
You almost sound like the liberal textbook I had in high school that talked about how deficit spending and rampant social programs miraculously cured the Great Depression.
And anyway, if Clinton's economy was as peachy and wonderful as people say, how come he didn't use that as an opportunity to cut into the debt? For a good example of using a prosperous economy to the nation's advantage, read up on Andrew Mellon.
One thing that we have to make abundantly clear to anyone straddling the fence on war spending is this. A Big budget deficit KILLS AN ECONOMY. It doesn't happen at the time you're running up the debt. It's like maxing out one credit card after another but when the note comes due POW! It hits the economy hard. Everything cost more because you're having to service all that debt.
It happened to Bush #1 when Reagan pushed all that cold war military escalation debt over onto his term. The economy went TERRIBLE and it really wasn't his fault. The damage had been done in the previous term.
Bush 1 had 2 problems, 1 breaking his promise of no new taxes, 2 He pardoned Nixon, something that followed him the rest of his life,
Bill Clinton came in and put a sign on his desk that read,"IT'S THE ECONOMY STUPID!" He focused on reducing the budget deficit out and our economy was great for 8 straight years.
I know, and that wasn't a fair comparison. It just brought that old book to mind is all. Granted, the book had its humorous merits, too - it likened Chamberlain's appeasement policies to "offering a finger to a cannibal in the hopes of saving an arm." Humorous stuff - especially out of a high school textbook, most of which usually seem designed to be horribly boring.Well, I don't believe deficit spending did a whole lot to cure the depression, but in the international world it solved a lot of depressions.
The father of financial conservatism -- trickle down.
Not to mention the only man in the 20s who had a clue about anything. Other than Al Capone, of course.
I can't wait to see what the republicans say about this one