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#6 | |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: Obama's Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011
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![]() I'm by no means on the same road as Drudge. Nor am I unaware of the graph you linked to. We both know the President has limited control over the economy, but a President with his party controlling both houses of Congress can do much good....or harm. Many believe the expansion of the social programs FDR put forth in the 30s caused the depression to last longer. The expansion of these programs is draining the federal budget now. The expansion of government oversight / social programs in the mid-60s, many believe caused the economic issues in the 70s, and Carter certainly didn't help. It appears we are repeating past mistakes. I don't care who takes the credit, I'll happily give it to Obama if he does the things needed to get our federal budget balanced and our deficit reduced, but his current plan is not a blueprint for success. EDIT: and for the record, Bush did a crappy job with the budget. He was definitely no fiscal conservative.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. Last edited by Slingin Sammy 33; 02-26-2009 at 05:42 PM. |
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