My friend made a good point.
"When many American jobs were on the line, when people were concerned about getting the ax, President Obama and the Democrats proposed sweeping overhauls of the banking, manufacturing, health care, and education systems of the country [and energy is next] in the name of stimulus thus saddling the people with future debt, increased taxes, and more government control for years to come.
"When many democrat congressmen jobs are on the line, when Obama and his democrat associates in congress are concerned about getting the ax, President Obama is proposing business tax cuts and less regulation to stimulate the economy and create more jobs.
"You can't say the liberals don't know what works. They are not stupid, they just think we are."
Well said Marlin Smith.
Showing posts with label fiscal responsibility. Show all posts
Showing posts with label fiscal responsibility. Show all posts
Tuesday, September 14, 2010
Friday, July 9, 2010
Deficits and Who is at Fault
The Heritage Foundation is a research group that is fiscally conservative, and highly accurate. The following link is to a bar chart and explanation of the recent federal government deficit spending.
(http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/)
The links may go back to other sources within the Heritage Foundation, but eventually you find the government source of the figures cited.
The following link is from the ultra-conservative Washington Post and all the tabs are interesting, especially the first one.
(http://www.washingtonpost.com/wp-srv/special/politics/budget-2010/index.html)
(It is amazing that there is not more holler in the media and at home about the out-of-control spending, I guess we are on board or pacified)
It is Congress that controls the budget and is mostly to blame. Republican presidents are to blame as well as democrats because they did not veto these busted budgets. I contest that the Bush's, father and son, are not conservatives, though better than Obama, but they have their own progressive ideas. And in the last 32 Congress' (64 years) there have been 44 years when the Democrats have controlled both houses and 52 years that they controlled at least the Senate. See the following link for this data.
(http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm)
When comparing which party has control of congress and deficit spending there is a pattern. In 1947 and 1948 the Republicans had both houses and there was no deficit spending for the first time in 17 years. There when they took control of both houses, after 47 years of Democrat control of one or more often both houses, in 1995 through 2006 deficit spending began to be reigned in until the terrorist attacks of 9/11 and subsequent Afghanistan and Iraq wars. Making this point here credit may be given to other periods of war, including the Reagan presidency. A better way is to budget and spend in the black and have savings for the time when war is necessary. This is what households call an emergency fund. Another factor is the ebb and flow of the economy and this can also be see on the deficit chart. Though this is easily magnified into the red by government spending. We need to return to fiscal responsibility and limited government.
(http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/)
The links may go back to other sources within the Heritage Foundation, but eventually you find the government source of the figures cited.
The following link is from the ultra-conservative Washington Post and all the tabs are interesting, especially the first one.
(http://www.washingtonpost.com/wp-srv/special/politics/budget-2010/index.html)
(It is amazing that there is not more holler in the media and at home about the out-of-control spending, I guess we are on board or pacified)
It is Congress that controls the budget and is mostly to blame. Republican presidents are to blame as well as democrats because they did not veto these busted budgets. I contest that the Bush's, father and son, are not conservatives, though better than Obama, but they have their own progressive ideas. And in the last 32 Congress' (64 years) there have been 44 years when the Democrats have controlled both houses and 52 years that they controlled at least the Senate. See the following link for this data.
(http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm)
When comparing which party has control of congress and deficit spending there is a pattern. In 1947 and 1948 the Republicans had both houses and there was no deficit spending for the first time in 17 years. There when they took control of both houses, after 47 years of Democrat control of one or more often both houses, in 1995 through 2006 deficit spending began to be reigned in until the terrorist attacks of 9/11 and subsequent Afghanistan and Iraq wars. Making this point here credit may be given to other periods of war, including the Reagan presidency. A better way is to budget and spend in the black and have savings for the time when war is necessary. This is what households call an emergency fund. Another factor is the ebb and flow of the economy and this can also be see on the deficit chart. Though this is easily magnified into the red by government spending. We need to return to fiscal responsibility and limited government.
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