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  • Oh noes!

    That damn socialist now wants money for roads and railways! I wish he would concentrate on jobs! Jobs! Jobs! Jobs!




  • #2
    I'm for roads and railways as long as we put it on the Chinese tab to be paid for by your grandkids.....liberal economics at its best.

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    • #3
      In 2008, the government spent under $3 trillion. Obama pledged he would cut it in half in less than four years. After six years, spending has shrunk to almost $4 trillion. If we keep cutting like this, it will be down to $5 trillion before you know it.

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      • #4
        Oh he will be able to make some good union kickback contracts on this one.

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        • #5
          Originally posted by Arkie View Post
          In 2008, the government spent under $3 trillion. Obama pledged he would cut it in half in less than four years. After six years, spending has shrunk to almost $4 trillion. If we keep cutting like this, it will be down to $5 trillion before you know it.

          In 2009, the housing market collapse, sending the U.S. economy into depression, which caused previously legislated spending increases to kick in.

          Why is that so difficult for some people to comprehend?

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          • #6
            Originally posted by Pony Boy View Post
            I'm for roads and railways as long as we put it on the Chinese tab to be paid for by your grandkids.....liberal economics at its best.
            The biggest holders of US debt is US Federal Government (SS) and the Federal Reserve. The Chinese own only about 8% of US T Bonds. (http://www.factcheck.org/2013/11/who-holds-our-debt/ )

            There is no problem with any government holding debt as long as it is manageable and doesn't crowd out private sector via bad interests rates.

            Also the quickest way to not to be able to pay you debt is to allow critical infrastructure to fall apart stop the generation of commerce.

            BTW how do you think that great liberal President Eisenhower funded his interstate system?
            Last edited by elsid13; 02-27-2014, 02:19 AM.

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            • #7
              I don't like the huge infrastructure bills because they waste money but if it meant money for the project to tear my cities ww2 era breakwall builit to protect the navy ships down I am all for it. Obama said he liked the idea but no money. Army Corps did a study that the city paid for which I guess doesn't happen much.

              Long Beach deserves it. The breakwater kills the waves, makes water dirty, and hurts our economy.

              I would rather see big infrastructure projects be funded 1 by 1 rather then some billions of dollars without clear cut projects to do.

              It could be a non partisan issue but considering how the govt is so corrupt its a worry letting them have 100's of billions to spend on projects that could be pork and not needed.

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              • #8
                Originally posted by elsid13 View Post
                The biggest holders of US debt is US Federal Government (SS) and the Federal Reserve. The Chinese own only about 8% of US T Bonds. (http://www.factcheck.org/2013/11/who-holds-our-debt/ )

                There is no problem with any government holding debt as long as it is manageable and doesn't crowd out private sector via bad interests rates.

                Also the quickest way to not to be able to pay you debt is to allow critical infrastructure to fall apart stop the generation of commerce.

                BTW how do you think that great liberal President Eisenhower funded his interstate system?
                Pony would rather spend that money on the military. Yeeehawwww!

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                • #9
                  Originally posted by Rigs11 View Post
                  Pony would rather spend that money on the military. Yeeehawwww!
                  Do you put all you monthly bills on credit cards and only pay the minimum payment each month?

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                  • #10
                    Love this argument. the federal budget is not like a household budget.

                    Are households always in debt? do households have the ability to collect taxes? or to issue currency?
                    the federal government has always been in debt. you nincompoops only raise the issue when a dem prez is in power.

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                    • #11
                      Originally posted by Rigs11 View Post
                      Love this argument. the federal budget is not like a household budget.

                      Are households always in debt? do households have the ability to collect taxes? or to issue currency?
                      the federal government has always been in debt. you nincompoops only raise the issue when a dem prez is in power.
                      Do I need to trot out the old Proggie "Bush deficits is enslavin' our childrens!" campaign commercials again? You know, back when those deficits were a small fraction of what they are today?

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                      • #12
                        Originally posted by BroncoBeavis View Post
                        Do I need to trot out the old Proggie "Bush deficits is enslavin' our childrens!" campaign commercials again? You know, back when those deficits were a small fraction of what they are today?
                        Please do. And while you're at it. please provide where the money that dubya spent was spent.

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                        • #13
                          <iframe width="640" height="390" src="//www.youtube.com/embed/YHJaW5pinHg" frameborder="0" allowfullscreen></iframe>

                          Tell me. Which Obama gummint program do you suppose was worth enslavin' 4 times as many of the childrens?

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                          • #14
                            Maybe not enslaving but killing, that's for sure! Death panels! So what did dubya spend our hard earned money on while he was in office?

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                            • #15
                              Originally posted by Rigs11 View Post
                              Maybe not enslaving but killing, that's for sure! Death panels! So what did dubya spend our hard earned money on while he was in office?
                              Mostly on 9/11 related overreactions, oh and across-the-board tax cuts.

                              Obviously pales in comparison to:

                              http://latimesblogs.latimes.com/wash...erization.html

                              $57,000 home weatherizations or

                              http://online.wsj.com/news/articles/...21432823203066

                              Political Billions on the Train to Nowhere.

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