We are the 99 Percent

[houghtam]

Originally Posted by L.A. BRONCOS FAN

^

Right-wing chimps and their special talent for getting things bass-ackwards...

Yep. Just trying to get it back to demand side econ. Like we have for the past 30 years before the wealth was redistributed away from the poor and middle classes.

[Odysseus]

Originally Posted by L.A. BRONCOS FAN

When it comes to capturing the essence of these right-wing pukes, sometimes a picture is worth a thousand words...

Interesting.

[Odysseus]

http://entertainment.time.com/2012/1...he-arithmetic/

Food for thought regarding why the 99% feel betrayed.

[Odysseus]

Originally Posted by L.A. BRONCOS FAN

^

If Republicans were really Republicans back then none of this would be happening. It's like the two parties are arguing over who gets to burn all the money.

[Arkie]

Clinton left office 5.7 trillion in debt. The reference to a 5.6 trillion surplus was only an optimistic projection made in 2001 for the next ten years.

[Bacchus]

Originally Posted by Arkie

Clinton left office 5.7 trillion in debt. The reference to a 5.6 trillion surplus was only an optimistic projection made in 2001 for the next ten years.

Clinton left office with a balanced budget. Bush then came in started two wars, had two separate tax cuts and did the MedicareB program and paid for ZERO of them.

[Arkie]

Originally Posted by Bacchus

Clinton left office with a balanced budget. Bush then came in started two wars, had two separate tax cuts and did the MedicareB program and paid for ZERO of them.

We had a temporary balanced budget based on a lot things beyond Clinton's control. The second half of the '90's were fueled by the dot-com boom. The "5.6 trillion surplus" over ten years was an optimistic projection based on the current boom to break even on the 5.6 trillion debt. It would have been a historic financial position we haven't seen since Andrew Jackson paid off the debt. It doesn't matter who the President is, we weren't going to pay off the debt, and we never will in our lifetimes.

[L.A. BRONCOS FAN]

Originally Posted by Arkie

We had a temporary balanced budget based on a lot things beyond Clinton's control. The second half of the '90's were fueled by the dot-com boom. The "5.6 trillion surplus" over ten years was an optimistic projection based on the current boom to break even on the 5.6 trillion debt. It would have been a historic financial position we haven't seen since Andrew Jackson paid off the debt. It doesn't matter who the President is, we weren't going to pay off the debt, and we never will in our lifetimes.

Same old Fox News spin, different day.

Even if you ignore the projected surplus, the fact remains that Clinton turned the Red Ink Ron and Poppy deficits into actual surpluses by the time he left office. Anyone can check this by going to the CBO site.

As for the projections, your guy Dubya mentioned them in his 2000 campaign, i.e., stated he would use the projected surpluses to pay for his tax cuts for the super-wealthy.

And, BTW, the GOP Congress opposed every single deficit reduction plan proposed by Clinton from day one.

[broncocalijohn]

Originally Posted by Bacchus

Clinton left office with a balanced budget. Bush then came in started two wars, had two separate tax cuts and did the MedicareB program and paid for ZERO of them.

Yes but don't act like the balanced budget was some love affair with democrats. While the 2 wars were costly and the Iraq war was a complete joke, the medicare prescription bill brought up by Bush to kiss ass to the Democrats and the old farts was a complete billion dollar failure and continues to do so.
Problem with Republicans back then was they didnt scream at the spending by Bush. Only when McCain lost did it seem it picked up steam with the Tea Party. We had one major voice on this concern and his name was Ron Paul. Not exactly the big name you want in politics or media screaming about the problem.

I have no problem with the Tea Party idea. I had a problem of the late timing of the movement.

[L.A. BRONCOS FAN]

[mhgaffney]

Job killing tax increase.

yeah right.

Job killing for Citi, Goldman, Bank of A, Morgan-Stanley, Chase, etc etc

[Odysseus]

It's too bad fact checker websites are not profit driven or business would be booming.

[Rohirrim]

http://www.thenation.com/blog/170933...storm-victims#

[Odysseus]

Originally Posted by El Minion

Now the fiscal cliff? Really? Poor 99%