Election 2000: What Really Happened In Florida (Part 1)
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@joshuaschargers The fact is, what caused our more recent deficit was Bush II. A tax cut. A war - unfunded. Another tax cut. Another war - unfunded. A huge Medicare drug benefit - unfunded. Anti-regulators in charge of regulatory agencies. And an economic crash that could have become the next Great Depression. The Republicans sure seem intent on making that happen, but they have been unsuccessful, so far thankfully.
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@joshuaschargers All of that you said only proved my earlier point. The policies set in place by the previous administrations benefit the successors. This happens all the time. We can debate on and on about who's policies were better, but our original argument was on TARP. I can agree that TARP has failed and did not do what it was supposed to do, but I give the blame to the GOP and I told you why. You cannot insinuate and say that the Dems would've done it anyway. No proof behind that.
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@CazK88 not renewed--- a tax code closer to the Reaganomics model was used (passed by republican house & senate, signed by Clinton), and prosperity ensued. So much so that by the end of the decade there was a SURPLUS of revenues within the federal government. Reagan HAD to run up the deficit through military spending as our forces couldn't maintain equipment that was already outdated in most cases. So much so that we couldn't even get rescue helicopters into Iran before they began breaking down
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@CazK88 Economic conditions DID prosper under Reagan, much more so than they did in the 4 years prior to Reagan under Carter. Most of the deficit is due to military spending, which was gutted under Carter to provide for social programs. Supply side economics is simple: give more money back to the people that create jobs and goods. It works every time it's tried. Bush 41 and Dem congress raised taxes, endured a recession, and Bush lost the Presidency. In 94, those tax hikes were not renewed-----
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@CazK88 That's insane! "Pioneered something other than TARP.." Dems would have rewritten it no matter what. They had the house and senate. All they had to do was wait 'til Obama came to office before sending it to the office of the President.
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@CazK88 you are correct about one thing, most of us will not know the disaster of Obama's policies for years. Gays in the military; trillion dollar deficits; printing money like mad; weak foreign policy; suing a company for OPENING a plant in the USA; selling guns to Mexican drug cratels, the list goes on. Sure we can see the disaster, but how bad will it be?
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@joshuaschargers TARP cannot be solely blamed on the Dems. Had the Bush administration pioneered something other than TARP, there would be no TARP for, as you say, the Dems to swell. Let's stick to the basics, TARP was a socialist way about controlling a large percentage of the economy because the GOP figured that those businesses were too big to fail. What is contradictory for the GOP is that since they yell about government control, they showed the world even they can do it.
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@joshuaschargers People like you continue to credit Reagan about economic conditions that were not prosperous under his administration. You cannot blame Carter for a continued deficit throughout Reagan's presidency. Reagan came in, increased military spending out the wazoo, cut taxes drastically, and left one hell of a deficit. He was convinced that if the rich became richer, the poor would follow along. It was called "voodoo economics" and it failed drastically.
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@Srd1126 If you are that shallow minded to say Newt will win president as you sit here and talk about how such of a bad Speaker he was, I can already tell how shallow minded you are. If you know anything about history and progress (change), the policies and implementation a current president pioneers will not take effect until a new president comes in. That's all the time! So what Obama may do now, you may not see until after his second term (yes he will win 2012).
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@CazK88 Yes, GOP established TARP, but also the answer is YES that the Dem party swelled it to the point that it was no longer the same legislation and goals as it was when introduced, just like social security, medicare, welfare, etc. Yes, it can be solely blamed on Dems.
First word in my mind about 2000. Fraud!
fagsaaaa 1 year ago 23
fucking cheater
ambh89 2 months ago 3