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FORUMS General Discussions Politics New game-count the Desty buzzwords
TOPIC: New game-count the Desty buzzwords
Created by: tbrmskss
Original Starting post for this thread:
In a post about what common Dems think about their party:

10 Liberals 3 Fascists 10 Marxist/Communist/Socialist

Grand total score 23!

It will be hard to beat that total. But I personally have confidence that Desty can do it...

Desty!, Desty!, Desty!

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"…But continuing to run surpluses beyond the point at which we reach zero or near-zero federal debt brings to center stage the critical longer-term fiscal policy issue of whether the federal government should accumulate large quantities of private (more technically nonfederal) assets." Alan Greenspan, Jan 2001, Testimony

Well "W" solved that impending fiscal crisis. We certainly don't have to worry about having too much surplus and paying off the National Debt by 2010.

Key West FL
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You are absolutely correct Perfect the DOW did not hit 13K under Clinton it only went from 3500 to 11750 under Clinton (a little better than tripled -- has "W" tripled anything ---good that is).

I stand corrected.

Key West FL
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"GWB averaged 2.6% and you're bitching about it?"

Don't try that old bait and switch on me Perfect. Joe was making a point with his bent spear and I was pointing out his omissions.

That said 2.6 is anemic, 6m new jobs under-performing, $3T in new debt appalling, new budget with $400B deficits incomprehensible, Enron style accounting or most of these numbers would be far worse. All we need is another tax cut (LMAO).

Key West FL
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Joe

Sounds good but you left a few things out. At the end of Clintons term The balanced budget was a huge factor, ask Alan Greenspan. He testified to Congress that we were at risk of ruining the bond market by paying off the National Debt too fast (...thats a fact Jan 2001 testimony). 20 million new jobs had been created (W has created about 6m). The Markets were at record highs DOW 13000, NASDAQ 5000. Investment capital was flowing into the internet, biotech, and digital wireless into US companies -- not China. The GDP however was slipping from well over 4% down to the 3% levels (W has averaged 2.6% over 7 years). It was slipping from a boom to really good.

I'd take the Clinton economy any time over this trickle down fiasco train wreck.

Key West FL
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Why was the Economy going downward at the end of the Clinton Administration. Could it be that the government really has less control over the economy then we make it seem? No way..............they can control EVERYTHING. Hell if they wanted to they could wave their magic money stick and eliminate poverty tomorrow. Mean Bastards......................BTW the "balanced budget" was a projection. It did not factor in a Massive National Disaster named Katrina, 9/11, The war on terror, the housing market slump, and dozens of other things that were not going on during the Clinton Administration. Not to mention that the Dems spent like drunken sailors right along side the Republicans. So much being the party of fiscal responsibility. You guys criticized Bush's budget as being too big and then asked for more money. LOL.

Arlington TX
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Now let's go to someone who ha wisdom about economic policy.

Buffett slams dividend tax cut One of world's richest calls plan 'voodoo economics,' says it puts burden on low-income families. May 20, 2003: 10:41 AM EDT NEW YORK (CNN/Money) - Renewing his criticism of the dividend tax cut laid out by the Senate last week, Berkshire Hathaway's Warren Buffett called the proposal "voodoo economics" that uses "Enron-style accounting."

The Senate's plan for dividends to be 50 percent tax free in 2003, 100 percent tax free in 2004 through 2006 and then face the full tax in 2007 would "further tilt the tax scales toward the rich," Buffett wrote in an opinion piece in the Washington Post. Now let's consult someone who believes in voodoo economics

PerfectMatch: "Actually I was going to say the stimulus created by tax cuts is self-sustaining as opposed to Gov't spending which eats up too much in overhead and pork."

What do you think, PM, of Buffet's critique of Bush's tax cuts?

So George W. Bush has given us all these tax cuts. So Why is our economy in the dumb and going downward.

Well, he's given us tax cuts but also massive government spending, and the huge interest on the deficit will be its own form of taxation to be paid by later generations.

If tax cuts alone were such a stimulus, the economy would be in much better shape.

Clinton didn't give us the level of tax cuts that Bush gave us, and he left us with an economy that is in much better shape, with a budget surplus at the end of his term.

Any reputatable economist will say that tax cuts may only act as a stimulus to the economy if matched by cuts in spending. Of course this is not something Bush has done, but you probably still think Bush is giving us a better form of economic policy than Clinton did because he cut taxes more.....tax cuts that particularly benefitted the rich....some of whom, including Warren Buffet, thought were very bad economic policy.

Los Angeles CA
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er... not that I would know... 8)

Brownwood TX
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and she kisses really good!!

Brownwood TX
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OK, so he does have one redeeming factor...;-)

Fullerton CA
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don't forget he has a really hot wife too!

Brownwood TX
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TOPIC: New game-count the Desty buzzwords