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Political Discussion / Politics / Money Matters / Government Borrows 40 Cents For Every Dollar Spent

Posted:  16 Aug 2011 19:56
Ringing up a debt isn't a good thing even for Reagan, but he spent it on defense at least which is what the government is supposed to, and at least he got the economy booming during his first four years. Don't look like Obama is going to do that.

Another thing to consider is that a defense budget can be cut any time after contracts run out, but with Obama socialist programs in healthcare that's not so easy. He's going to leave the country with long term bills that are going to keep begging for money.
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Posted:  16 Aug 2011 20:57
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but he spent it on defense

Just like Bush. Just like Obama. If anything you should LOVE exactly how much of an effort Obama makes in  giving to defense spending.

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he got the economy booming during his first four years.

Did he? Explain what you think 'booming' means.

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Another thing to consider is that a defense budget can be cut any time after contracts run out

With 700 bases all over the world, especially in areas that no longer need our constant presence, I'm calling bullshit on this one. Show me the last time we actually decreased the defense budget.

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He's going to leave the country with long term bills that are going to keep begging for money.

Like Ronnie did when he quadrupled the national debt?
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But the backdrops peel and the sets give way and the cast get eaten by the play, there's a murderer at the matinee, there are dead men in the aisles

And the patrons and the actors too are uncertain if the show is through and with sidelong looks await their cue, but the frozen mask just smiles