[ Follow Ups ] [ Post Followup ] [ The AAA Frame Message Board ] [ FAQ ][ Follow Ups ] [ Post Followup ] [ The AAA Frame Message Board ] [ FAQ ]Posted by Marc on August 19, 2010 at 08:54:30:
In Reply to: obamaloss posted by vic on August 18, 2010 at 10:03:07:
Of course, it is poor. How could it be otherwise? I predicted this, after all.
1. No nation has ever bounced right back after a credit bubble. Ever. You can blame this credit bubble on the Republicans and Greenspan.
2. No nation has ever absorbed so many new immigrants so quickly without a major economic hangover. Eventually the economy will cool, and the rush of new workers and customers will stop. However, all the business models are predicated on growth, growth, growth.
3. How about dumbass trade deals that the Republicans championed. As Greenspan said, we don't need manufacturing. It's an 18th century business. Uh, sure.
4. Blame the Republicans for the idiotic Bush tax cuts. You know, the ones that put us 13 trillion dollars in debt. When Bush came into office, that debt was only 2 trillion. Doesn't it make perfect sense to have billionaires paying a 15% tax rate on their investments -- particuarly when you are running not one, but two wars?
5. Blame the Republicans for deruglation of the credit markets. Wasn't it Phil Gramm (Republican) and Alan Greenspan (Republican) who pushed for the serious of business deregulations that lead the credit mess?
6. And finally, and now most importantly, you can blame the Republicans for pushing for "fiscal restraint" during a huge recession. These dumbasses are calling for govt. spending cuts at EXACTLY the wrong time, which is accelerating our plunge back into a recession. Nice going, guys.
So let's get the Republicans back in office. They will cut billions of dollars of govt. spending. They will, simultaneously, cut billions of tax revenue with tax cuts. And they will finally get to finish the job they started: plunging us back towards a depression.