Originally posted by Thrawn
[BI go and borrow $10,000 and buy a car. I show everyone the car and say, "Ha ha, my net wealth has increased by $10,000. See how good my economy is doing". But of course my networth hasn't increased. What's more I have to finance that debt and my car is depricating. So if I don't use that car to generate enough wealth to make up for the payments on the car, my net wealth has gone down. [/B]
Balancing the budget, cuting government spending, reducing governement, and balancing the federal budget was working well while the previous administration was in office and as a result the US economy enjoyed the largest economic boom in US history.... [or were the Republicans responsible for that boon?]
Now the current administration is in, wiped out the surplus, increasing government spending, creating bigger governement (Dept of Homeland Security), more beaurocracy and is now spending the country into defecit just like Mr Reagan and Bush Sr. did in the 80's.
It's easy to "pseudo" increase the American standard of living by charging it on credit.... that is until the creditors show up to collect - hardly responsible behavior - typical Republicans.
Why doesn't this country prosper during a Republican administration?
Is it the Democrat's fault.. blame those who aren't even in power!
Republicans control all the branches of the government: Legislature, Executive, and Judicial, and most of the govenors and the state legislatures.
Rape, pillage and burn - shock and awe! It's the republican way.
Now the US treasure is empty and filled with debt notes.
They got want they wanted they are in control... let's see what the republicans can do....
