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#639 | |||
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"Richard B. Woods"
Aug 2002
Wisconsin USA
22×3×641 Posts |
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[Note: you mean "deficit", the shortfall in one year's budget, not "debt" which is the cumulative total (over $10 trillion now) of all deficits and surpluses since the U.S. was founded.] Quote:
One president plus one-third-plus-one of the same party in either house of Congress can stop any legislation they want, and hold hostage any provision they want until the majority of Congressmen and Senators cave in. It is possible for 35 people (president plus 34 senators) to stop legislation approved by the other 501 people in Congress, and to insist on getting what they want before approving the rest. (BTW, don't confuse the 60 votes currently needed to stop a Senate filibuster with the 67 votes needed to override a presidential veto there.) Your argument is along the same lines as one Ronald Reagan used (I watched him look straight into the TV camera and say it, so don't claim he didn't) in the first year of his administration to portray congressional Democrats as responsible for passing bills that contained too much spending, and say that he was going to veto them for that reason. What he chose _not_ to tell his audience (and so, fooled millions of Americans such as my mother) was that what he wanted was bills that contained even more spending, just in different areas than Democrats wanted. You can look it up -- there are versions Reagan vetoed that had less spending than the versions he signed! (And, BTW, Reagan set the all-time record for number of vetoes, both in his first year and overall.) I've been hearing this Big Lie (that Democrats are responsible for the large federal deficits since 1980, that Democratic-desired spending counts as the only evil federal spending, but Republican spending on what they want is never referred to as in any way connected to the federal debt or deficit) from Republicans for almost three decades now, and I'm not going to let it go unchallenged any more. I'm not accusing you, Zeta-Flux, of knowingly lying; I'm accusing you of repeating someone else's carefully-crafted, monotonously-repeated, and very-effective-so-far Big Lie. Ronald Reagan tripled our national debt (from about $1 trillion to about $3 trillion); George H.W. Bush added as much debt (another $1 trillion) as was the entire total before Reagan took office. Clinton presided over the only surpluses we've had since then, and George W. Bush has added about as much to the federal debt as Reagan and his father combined. Don't give me that Big Lie about which party has been spendthrift for the past three decades. It's pure propaganda (and obviously very effective!!), and publicly-available facts prove that. Quote:
Last fiddled with by cheesehead on 2008-10-11 at 05:42 |
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#640 | |||
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"Richard B. Woods"
Aug 2002
Wisconsin USA
170148 Posts |
Unfortunately, Xyzzy, that isn't indicative of the mood at some recent McCain/Palin appearances, including here in Waukesha County, Wisconsin.
"McCain booed after trying to calm anti-Obama crowd" http://news.yahoo.com/s/ap/20081011/...n_angry_crowds Quote:
In 1960, a charismatic Democratic candidate, demonized by Republicans during the campaign, from a demographic group (Roman Catholic) never before represented in the U.S. presidency, was elected. When my algebra teacher came into the classroom shortly after lunch on November 22, 1963, to inform us that Kennedy had been shot, one thing he said with a small smile was, "They finally got the sonofabitch." Quote:
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Republicans should be ashamed of their Big Lie fiscal policy since 1980. Let's fervently hope that some future history doesn't have to point to it as a principal cause of US downfall. Remember: Author Tom Clancy portrayed, in his novel Debt of Honor, the deliberate crashing of a jumbo jet into an important building by an enemy of the United States a decade before it happened for real with multiple planes and buildings. The same novel portrayed foreign countries as using their holdings of dollars and U.S. Treasury bonds (at a far lower level than today's) as a financial weapon against the United States in order to escalate a crisis already started for other, financially-related reasons. In a different novel (The Sum of All Fears), Clancy described details of terrorists' construction of a nuclear weapon. In an afterword of that book, he explained that he had omitted or distorted crucial details, so that the procedure he described would not work in practice. There is no such disclaimer at the end of Debt of Honor. Last fiddled with by cheesehead on 2008-10-11 at 07:37 |
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#641 |
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"Richard B. Woods"
Aug 2002
Wisconsin USA
170148 Posts |
Oops. Copyright date was 1994. Only seven years before.
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#642 |
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"Lucan"
Dec 2006
England
2·3·13·83 Posts |
Paranoid or what?
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#643 | |
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May 2003
7×13×17 Posts |
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#644 | |||||||||
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May 2003
7×13×17 Posts |
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#645 | |
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A Sunny Moo
Aug 2007
USA (GMT-5)
186916 Posts |
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![]() With that in mind, though, this begs the question: how much does this new one cost? Can the government really afford to purchase it on money that they don't have? |
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#646 | |
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Nov 2004
22×33×5 Posts |
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of the campaign. McCain trying to head off the unreasonable anger and fear that comes from the campaign rhetoric. I saw the entire exchange, and McCain went on to say that he thought he (McCain) would be a better president than Obama, but at least McCain tried to temper the anger that seems to be out there. My view of McCain improved significantly with that one exchange- not enough to vote for him yet, but it sure was good to see that. Norm |
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#647 | |||
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"Richard B. Woods"
Aug 2002
Wisconsin USA
11110000011002 Posts |
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=> What I'll look up, after posting this, is the correlation between party-in-power and budget deficits 1981-2008. <= After all, I hope you'll agree, if Democrats were in power half the time, Republicans the other half, but 3/4 of the debt was incurred by budgets for which Republicans were responsible, then such an equal division of time would not be indicative of debt responsibility without consideration of who approved which deficits, right? BTW, I'll tell you right now that the Wall Street Journal had an article, about two years ago IIRC, in which it was clearly and unmistakably shown that the budgets that Republican presidents submitted to Congress during recent history (I don't recall the specific starting year, but it was 1980 or earlier; maybe it was all post-WW2 presidents) had consistently, significantly larger deficits than those submitted by Democrats during the same period. I'm not trying to fool anyone; I'm trying to point out facts that skillful GOP propaganda has caused many Republicans (and Democrats!) not to notice in the past three decades, and that I'm tired of being ignored and distorted. Quote:
The theoretical argument that Republican voters throw out Republican lawmakers if those lawmakers instituted the fiscal policy I've outlined fails because facts show that _it just hasn't happened that way_. Republican voters keep electing and re-electing more Republican lawmakers _who keep exercising the same fiscal policy I've been outlining_, even if they're not the same individual lawmakers who represented particular districts in the preceding terms. Political slogans and emotional appeals may obscure this fiscal reality, but it's true. Incumbent Republicans keep getting re-elected at about the same rate as Democratic incumbents. My arguments about Republican fiscal policy have nothing to do with the bailout bill -- it's about what has happened from 1980 to 2008 _before_ the bailout bill. Quote:
Now, _if in the future_, Republican voters show that they not only turn out lawmakers who enact big deficits, but also do not elect other lawmakers who do the same during their own terms, then I'll congratulate those Republican voters for taking their party back to authentic fiscal conservatism. But, you'll notice, I could have said the same thing just before the 2004, 2002, 2000, 1998, 1996, ..., 1982 elections -- and I would not yet have to have issued such congratulations! _History_ shows that your hopes in regard to fiscally-spendy Republican lawmakers simply _have not yet been borne out_. I suggest that if you carefully analyze GOP rhetoric, you can see for yourself how it's designed to deflect attention from the numbers I've been quoting, by using "loaded" words and emotional appeals to non-fiscal stuff. - - - Edit: Here's a table that illustrates one aspect of what I've claimed. I don't cite it as an _authoritative_ source (I'm still looking) because I know that politically-related Wikipedia articles are subject to edit wars and such, so are not reliable ... but its figures are consistent with those I recall from, e.g., WSJ. And no, it doesn't show Congressional party divisions (I'm not finished looking), but it shows some of what I mean. Look at the table _at the bottom of this page_. http://en.wikipedia.org/wiki/Nationa...idential_terms It covers the period 1978-2005. Note that federal spending increased an average of 12.1% during Republican administrations, but only 9.9% during Democratic administrations, and the national debt increased an average of 35.4% during Republican administrations, but only 4.2% during Democratic administrations, while GDP increased an average of 12.6% during Democratic administrations, but only 10.7% during Republican administrations. Yes, I need to check the details of how the figures were arrived-at (I can see already one problem in that they calculate some figures not by year, but by presidential term, whether that be 4, 8, or some other number of years- this needs correction), but you can see for yourself the overall picture. BTW, the apparent one-year offset (first Carter budget is for fiscal year 1978, not 1977) is not a mistake. Remember when fiscal years start. In fact, I think it needs to be adjusted yet another year -- i.e., the first fiscal year for which a ABCD-submitted budget was his work, and not mainly his predecessor's work, was fiscal year (year ABCD was elected + 3)!. It has to do with the fact that when ABCD submitted the FY (year ABCD was elected + 2) budget to Congress in early (year ABCD was elected + 1) just after his inauguration, it was too soon for his administration to have gone through the budget and thoroughly make it his "own". This is what the WSJ did -- credit each president with the budgets starting only in FY (year president was elected + 3). Last fiddled with by cheesehead on 2008-10-11 at 20:13 |
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#648 |
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"Richard B. Woods"
Aug 2002
Wisconsin USA
22·3·641 Posts |
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#649 | |||
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"Richard B. Woods"
Aug 2002
Wisconsin USA
22×3×641 Posts |
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In other words, he deliberately distorted the facts about this item in order to portray it as something it's not. That's L Y I N G. Quote:
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We have to set priorities for government spending, and means of government income to pay for it, of course. I contend that this (single, you'll notice) precision scientific instrument is well worth $3 million. Note that the last one lasted 40 years and has educated millions of people. Could the government afford to spend about (ultimately, considering rebuilding expense and treating veterans' medical ills) $2 trillion to invade and destroy a country which not only was not a threat to us, but also served as a useful bulwark against theocratic-and-soon-to-be-nuclear-weapon-equipped Iran's expansionist ambitions in the Middle East? with money it borrowed from China, among other entities? China currently receives tens of millions of U.S. dollars each year as income from the U.S. Treasury bonds it owns. Here's an idea: (1) Spend $3 million the government _does_ have to buy the projector for one of this country's greatest educational institutions (and U.S. National Historic Landmark). (2) Cancel spending $6 million to subsidize moving jobs overseas. (3) Cancel borrowing $3 million to cover the net effect of #1 and #2. (4) Cancel all government-sponsored faith-based abstinence-only sex education (which has been clearly shown to be ineffective in reducing either unwanted pregnancies or STD transmissions) programs, saving further millions of dollars. Last fiddled with by cheesehead on 2008-10-13 at 08:51 |
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