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Asunto: Re: "Hello, my name is Barack Obama, and George Bush is a spendaholic."
Übergeek 바둑이:" The truth is that every American president since WW II has raised the debt ceiling and increased the deficit."
So what? It's still irresponsible. When does it end?
"I think that any president who comes to Washington is very quickly faced with the reality of ever increasing Department of Defense costs."
It is NOT the most cosly thing for the government.
"but the reality is that unless taxes are raised, the USA is never going to get out of its debt. Raising taxes is the most unpopular medicine to the current disease."
Rubbish. Raising taxes just gives the government more money to SPEND MORE! They won't pay down the debt. They are irresponsible dolts.
"Direct government investment and spending in infrastructure was effective in the past, but considering the current deficit any form of spending will be unpopular."
It effective on a limited basis. And amy more spending will NOT revive our economy. The last spending spree did nothing,
"I think that the only way Washington is going to get out of this mess is if both parties make a true effort to work together."
IT will never happen. We need to get rid of all progressives. That's a good start.
Your statement about Reagan's effect on the US economy is nonsense.
The free market will revive the economy. Reagan understood this. That's why under Reagan we experienced an economic boon! Under Reagan, we experienced the largest peacetime economic boon and added over 35 million jobs to the US economy.
Joint Economic Committee, The Great Expansion: How It Was Achieved and How It Can Be Sustained, U.S. House of Representatives and U.S. Senate, 106th Cong., 2nd Sess., April 2000, pp. 4-6.