Obama, Terrorism, and Why WE'RE IN TROUBLE
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@hetfield426 It's the spending as a percentage of GDP that matters to long-term solvency. Obama has DRAMATICALLY increased spending FAR beyond other presidents AND done it while the GDP was declining. That's just stupid.
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@hetfield426 Unemployment numbers have not been as bad since the Great Depression. That's right -- Obama is following in FDR's footsteps, causing chronic high unemployment.
A dollar in the private sector is ALWAYS spent more wisely than in the public sector. Govt wastes money because it does not have the constraints that the private sector does. Govt spending has NEVER produced wealth. It ONLY function by taking from producers to redistribute.
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@hetfield426 Stop talking about who thinks who is right. I'm talking facts. (1) Those with money spend money & create products & jobs. (2) We don't have slavery. The rich aren't rich by enslaving the poor & stealing their labor. When the rich get richer, they help others get richer (aka employee salaries). (3) Govt can only spend $ it first takes from those that earned it, thus leaving less money in the marketplace. This does NOT help the economy. If it did, unemployment would be lower.
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@hetfield426 You respond to a reasoned argument with emotional bumpersticker nonsense. The poor aren't poor because the rich are rich. That's Marxist crap. We aren't a slave society and wealth is not a zero sum game.
Now, I provided you with evidence in the info section of this video. You can choose to learn from it. You should also read what our Founding Fathers ACTUALLy said about wealth and private property. They were for it.
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@hetfield426 Do people without money start businesses?
Do people without money invest money in new product development?
Do people without money buy new homes (thus creating work for construction workers, plumbers, electricians, interior designers, cabinet makers, landscapers)?
Do poor people donate billions of dollars to charities and universities, thus creating jobs in those sectors?
Obama is punishing those with money and thus harming those who want to work.
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@hetfield426 The evidence proves that the Great Depression would have ended about 7 years sooner had FDR NOT intervened so dramatically in the private sector. Look at the links I provide in the info section of this video.
Obama's highly interventionist policies which mirror FDR's are now extending this bad economy by placing undue burden on job creators.
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@hetfield426 I'm not sure you got my point. Government intervention extended the Great Depression and that same governing philosophy as applied by Obama is extending this bad economy. No one is benefitting.
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@hetfield426 FDR's government spending and new regulations DID do something: killed job growth and businesses. I've posted my evidence in the info section of this video. Government can't spend any dollar it first takes from those that earn dollars. A dollar in the hands of a business owner or investor is always spent more wisely than a dollar in the hands of a politician.
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@hetfield426 Govt spending, when limited to that which is outlined in the Constitution, is smart & productive. Thinking that govt spending on "shovel ready jobs" is just stupid. It didn't work for FDR. It's clearly not working for Obama. He even admits it.
Obama, Reid, & Pelosi FAR outspent their previous peers. There's no comparison. Obama has already spent in two years what it took Bush to spend in six. Obama has added more to the national debt than all pres combined thru Reagan.
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@hetfield426 Republicans have been bad, Democrats have been catastrophically bad. It's difference between spilled milk and a flooded basement. Shame on both parties, but Democrats, since regaining power in 2007 (House & Senate), then the presidency in 2009, have DRAMATICALLY & catastrophically outspent previous Congresses and Presidents.
And the left claims he's a 'certified intellect." The man would be worse if not for his trusted teleprompter. That should scare everyone.
NCMan28025 1 year ago 8
Remember, he is talking to the idiots at democrat underground! They will believe anything!
tsiya2 1 year ago 5