Well, for those smitten fans on here, they likely won't admit it...but Obama has already returned the Tax and Spend Democrat label that Bill Clinton fought so hard to change.
Frankly, after 8 miserable years of Bush, and what promises to be a miserable 4 or 8 years of Obama, we have now returned to total abandonment of any type of principle of responsible spending.
Doubtless the Obama fans will begin shrieking, and blaming Bush, who i have already included as being part of the mess, and holding Obama blameless, but the announcements of the past couple of days and his behavior regarding Chrysler, the Budget Deficits, the The new Budget, threatening California with holding back federal funds (that Californians contributed to) and a host of other issues have put an end to the achievements of Bill CLinton and the new democrats.
Bill Clinton, was the first democratic president in ages to refute the traditional "tax and spend" liberal tag...as a result...his sane policies regarding spending and taxing actually worked brilliantly...
let us recap...Bill Clinton raised taxes on the wealthier elements of the tax base and corporations, at the *SAME* time, he reined in the growth of spending on social spending...lo and behold, for the first time in ages, we were actually almost in a position to begin paying down the debt with budget surpluses...
as a result, Bill Clinton showed that a taxing and cutting agenda works *BEST*.
far better than taxcutting and increased spending (Bush & Reagan and republican and democratic congresses)
so now, with a blue print that works, why exactly is President Obama now taking us back to one of the nubmer of formulas that does *NOT* work...i.e. not freezing, slowing or cutting spending, as part of an overall plan of action, *INCLUDING* tax hikes?
The answer is simple... because Obama is a Tax and Spend President, no different than Carter, and others who through the 70s and 80s, managed to be so incompetent, that the "tax and Spend Liberal" became a phrase that stuck until, thankfully, Bill Clinton came along and changed the paradigm.
So why now, are we going *BACK* to paradigm that does not work? When faced with the most dark time in our nations economic history in decades, our President is now proposing a much needed Health Care reform, which would be really terrific if it works, yet, as a fact, even with the news of the last day or two about how warm and fuzzy everything is with the health care reps, the President *STILL* cannot pay for the plan.
So why now, with the news of an additional 180 billion in deficits over the next two years added to the already terrifying deficit, a result of the last and current administrations combined follies, as stated by the White HOuse, and the White HOuse's absurdly rosy predictions about growth and GDP in its projected budgets, are we going ahead with this.
Is there *ANYONE* here...anyone who can *HONESTLY* claim, that we can *SPEND* our way out of this crisis *WITHOUT* making cuts to spending in addition to the necessary tax increases?
If anyone of you who blindly support this president, can tell me how exactly we are going to reduce the deficits over the next decade, pay for a massive new health plan,
Why deviate from the one plan that has worked, (Clinton) to select something that clearly does not, just because he (Obama) is "your guy".
Before anyone turns this into a republican/democrat thread, think about what has been said. both republican (tax cut, nothing else) and democrat (tax hike, spend) have proven to not work. You have a president (Bush) who tried and failed the former strategy, now you have a president (Obama) who is retrying to the latter...
how exactly do you expect this to work?
I can understand the hysterics on here comparing Bush and Obama...and trying to draw the differences between them (ironically, they are much more alike than most will admit)
But i would like to hear the Pro-Obama partisans, try and compare why this plan will work in comparison to the *PROVEN* Clinton plan, that actually *CHANGED* things.
How do going back to things that do not work, from the 70s democratic administration(Carter), make more sense than going back to what *DID* work from the 90s democratic administration (Clinton)?
he is already running a 1.8 trillion dollar deficit this year...not once, in his 10 year plan, does the deficit drop below 500 billion...and that is asssuming that his Budget's fnumbers forecast is right, which it is already proving wrong so far according to the Congressional Budget Office, thus ballooning the real numbers.
his unrealistic plans for scaring up new revenue, are essentially DOA (the cap trading, and the tax credit on charitable deductions) so how exactly is he going to
1. reduce the deficit.
2. pay for the new health care plan
3. keep the deficit from getting even worse than projected, as inflation rises, tax receipts lower, and the credit crunch continues, with regards to the coming credit card crisis.
Why will the Obama plan be different, if it cannot find the money to pay for its plans, but also will not cut spending to offset the benefits of raised revenues from tax hikes?
Please go ahead...tell me why the Obama plan, will work, when it provides none of the fiscal discipline and restraint that the CLinton plan, which worked, did.
Frankly, after 8 miserable years of Bush, and what promises to be a miserable 4 or 8 years of Obama, we have now returned to total abandonment of any type of principle of responsible spending.
Doubtless the Obama fans will begin shrieking, and blaming Bush, who i have already included as being part of the mess, and holding Obama blameless, but the announcements of the past couple of days and his behavior regarding Chrysler, the Budget Deficits, the The new Budget, threatening California with holding back federal funds (that Californians contributed to) and a host of other issues have put an end to the achievements of Bill CLinton and the new democrats.
Bill Clinton, was the first democratic president in ages to refute the traditional "tax and spend" liberal tag...as a result...his sane policies regarding spending and taxing actually worked brilliantly...
let us recap...Bill Clinton raised taxes on the wealthier elements of the tax base and corporations, at the *SAME* time, he reined in the growth of spending on social spending...lo and behold, for the first time in ages, we were actually almost in a position to begin paying down the debt with budget surpluses...
as a result, Bill Clinton showed that a taxing and cutting agenda works *BEST*.
far better than taxcutting and increased spending (Bush & Reagan and republican and democratic congresses)
so now, with a blue print that works, why exactly is President Obama now taking us back to one of the nubmer of formulas that does *NOT* work...i.e. not freezing, slowing or cutting spending, as part of an overall plan of action, *INCLUDING* tax hikes?
The answer is simple... because Obama is a Tax and Spend President, no different than Carter, and others who through the 70s and 80s, managed to be so incompetent, that the "tax and Spend Liberal" became a phrase that stuck until, thankfully, Bill Clinton came along and changed the paradigm.
So why now, are we going *BACK* to paradigm that does not work? When faced with the most dark time in our nations economic history in decades, our President is now proposing a much needed Health Care reform, which would be really terrific if it works, yet, as a fact, even with the news of the last day or two about how warm and fuzzy everything is with the health care reps, the President *STILL* cannot pay for the plan.
So why now, with the news of an additional 180 billion in deficits over the next two years added to the already terrifying deficit, a result of the last and current administrations combined follies, as stated by the White HOuse, and the White HOuse's absurdly rosy predictions about growth and GDP in its projected budgets, are we going ahead with this.
Is there *ANYONE* here...anyone who can *HONESTLY* claim, that we can *SPEND* our way out of this crisis *WITHOUT* making cuts to spending in addition to the necessary tax increases?
If anyone of you who blindly support this president, can tell me how exactly we are going to reduce the deficits over the next decade, pay for a massive new health plan,
Why deviate from the one plan that has worked, (Clinton) to select something that clearly does not, just because he (Obama) is "your guy".
Before anyone turns this into a republican/democrat thread, think about what has been said. both republican (tax cut, nothing else) and democrat (tax hike, spend) have proven to not work. You have a president (Bush) who tried and failed the former strategy, now you have a president (Obama) who is retrying to the latter...
how exactly do you expect this to work?
I can understand the hysterics on here comparing Bush and Obama...and trying to draw the differences between them (ironically, they are much more alike than most will admit)
But i would like to hear the Pro-Obama partisans, try and compare why this plan will work in comparison to the *PROVEN* Clinton plan, that actually *CHANGED* things.
How do going back to things that do not work, from the 70s democratic administration(Carter), make more sense than going back to what *DID* work from the 90s democratic administration (Clinton)?
he is already running a 1.8 trillion dollar deficit this year...not once, in his 10 year plan, does the deficit drop below 500 billion...and that is asssuming that his Budget's fnumbers forecast is right, which it is already proving wrong so far according to the Congressional Budget Office, thus ballooning the real numbers.
his unrealistic plans for scaring up new revenue, are essentially DOA (the cap trading, and the tax credit on charitable deductions) so how exactly is he going to
1. reduce the deficit.
2. pay for the new health care plan
3. keep the deficit from getting even worse than projected, as inflation rises, tax receipts lower, and the credit crunch continues, with regards to the coming credit card crisis.
Why will the Obama plan be different, if it cannot find the money to pay for its plans, but also will not cut spending to offset the benefits of raised revenues from tax hikes?
Please go ahead...tell me why the Obama plan, will work, when it provides none of the fiscal discipline and restraint that the CLinton plan, which worked, did.