How your taxes are used for the war

Werbung:
These private contractors also take away jobs from Iraqis; of which, 60% of all Iraqi men are unemployed. Wouldn't you be pissed if you couldn't feed your family because getting a job required you speak a foreign language? There are no winners in the privitization of war, except the companies that get the contracts and the slimeball politicians that not only orchestrate the whole thing, but profit from it as well. i.e. Cheney/Halliburton

Halliburton just took their headquarters to the city that funded 9/11 so they don't even have to pay taxes to the country that gave them billions - that's some patriotism at work for your tax dollars there!
 
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.
 
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). Second -- the president has little effect on the economy. That lies primarily on the shoulder of the Fed Chairman.

Lastly -- Clinton's term fell in the middle of the internet boom and he ignored any foreign threat, and thus, under these conditions a monkey could have been president and the economy would have prospered.
 
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.

That aside (what a piece of work that book was) you're very right. Deficit spending has bailed us out of some tough spots - the Carter recession being a prime example.

For Top Gun:
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. He knew what he was doing.
 
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.

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.

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.

The father of financial conservatism -- trickle down.
 
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.

The Economy was booming already when Clinton came to office, He promised that he would not raise taxes, Days before he put his tax raise into place word came that the treasury was haveing record revenue. Didnt matter, he raised taxes anyway, 2 years later congress was pushing for a tax cut because the economy had stagnated.

Since you raised credit cards, if you go to a bank to apply for a loan, they look at two things, your Income and your current debts. The National Debt as compared to GMP is lower now then when Clinto left office. The Economy has boomed since the Bush Tax cuts took effect, Clinton would have loved to be able to claim a 4.4% unemployment rate.
 
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.
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.

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.
 
Werbung:
Back
Top