ALF Posted May 22, 2017 Share Posted May 22, 2017 Do you believe that it's our "economic system" that creates a national debt? I'm saying political decisions creates a national debt Link to comment Share on other sites More sharing options...
Azalin Posted May 22, 2017 Share Posted May 22, 2017 I'm saying political decisions creates a national debt I'm cherry-picking here, but you did say this: "The U.S. economic system is far from idealistic given the massive debt. It was less then $1T if I remember when Carter left office." That sounds to me like you're blaming our economic system for the national debt, not political decisions, declaring it to be "far from idealistic (sic)". Could you please clarify that? Link to comment Share on other sites More sharing options...
4merper4mer Posted May 22, 2017 Share Posted May 22, 2017 I'm cherry-picking here, but you did say this: "The U.S. economic system is far from idealistic given the massive debt. It was less then $1T if I remember when Carter left office." That sounds to me like you're blaming our economic system for the national debt, not political decisions, declaring it to be "far from idealistic (sic)". Could you please clarify that? I'll clarify it. He's a commie. Link to comment Share on other sites More sharing options...
Tiberius Posted May 22, 2017 Author Share Posted May 22, 2017 I'll clarify it. He's a commie. I think he's learning to ignore stupid, pointless gotcha questions the subnormal intelligent crowd is throwing out there Link to comment Share on other sites More sharing options...
4merper4mer Posted May 22, 2017 Share Posted May 22, 2017 I think he's learning to ignore stupid, pointless gotcha questions the subnormal intelligent crowd is throwing out there By subnormal do you mean non-commie? Link to comment Share on other sites More sharing options...
B-Man Posted May 22, 2017 Share Posted May 22, 2017 WHAT COULD GO WRONG? Venezuela holds 5,000 Russian surface-to-air MANPADS missiles. Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 (edited) I'm cherry-picking here, but you did say this: "The U.S. economic system is far from idealistic given the massive debt. It was less then $1T if I remember when Carter left office." That sounds to me like you're blaming our economic system for the national debt, not political decisions, declaring it to be "far from idealistic (sic)". Could you please clarify that? Trickle down "economics" , under Reagan and W. Bush did what to the national debt ? Massive defense spending with massive tax cuts , how did that work out ? jmo Sounds like H. Bush was right , voodoo economics . I really liked H. Bush fwiw Oh and Trump is into voodoo economics also , just saying Edited May 22, 2017 by ALF Link to comment Share on other sites More sharing options...
Azalin Posted May 22, 2017 Share Posted May 22, 2017 Trickle down "economics" , under Reagan and W. Bush did what to the national debt ? Massive defense spending with massive tax cuts , how did that work out ? jmo Sounds like H. Bush was right , voodoo economics . I really liked H. Bush fwiw Lowering the top marginal rates brought in significantly increased tax revenue under Reagan. The term "trickle down" was coined by detractors of supply side economics, and is a buzz word used by leftists. Your bias is showing. I see you don't refer to JFK's fiscal policy in the same terms, yet he also supported lowering the top marginal rates. I don't know if you're unaware or just biased, but congress controls spending. During the Regan years, congress outspent the windfall tax revenue by approximately two-to-one. It's impossible to spend your way out of debt. And adding "jmo" is not an effective insulator against criticism when saying something ridiculous. Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 I'll wait for DC Tom to weigh in on this one . I do respect your opinions. It is what it is Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 Lowering the top marginal rates brought in significantly increased tax revenue under Reagan. The term "trickle down" was coined by detractors of supply side economics, and is a buzz word used by leftists. Your bias is showing. I see you don't refer to JFK's fiscal policy in the same terms, yet he also supported lowering the top marginal rates. I don't know if you're unaware or just biased, but congress controls spending. During the Regan years, congress outspent the windfall tax revenue by approximately two-to-one. It's impossible to spend your way out of debt. Tax rates under Eisenhower were very high to pay for WWII, the depression , and rebuild Europe and Japan. He was my favorite President of all time. The U.S. economy was booming under him. JFK did dial the tax rate back at the right time. Congress controls spending. Did Reagan veto that spending for 8 years ? Link to comment Share on other sites More sharing options...
Chef Jim Posted May 22, 2017 Share Posted May 22, 2017 Tax rates under Eisenhower were very high to pay for WWII, the depression , and rebuild Europe and Japan. He was my favorite President of all time. The U.S. economy was booming under him. And why exactly was the economy booming under him? Link to comment Share on other sites More sharing options...
4merper4mer Posted May 22, 2017 Share Posted May 22, 2017 And why exactly was the economy booming under him? Because of the high taxes. Duh. Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 And why exactly was the economy booming under him? Why don't you enlighten us , I lived thru that time Link to comment Share on other sites More sharing options...
Chef Jim Posted May 22, 2017 Share Posted May 22, 2017 (edited) Why don't you enlighten us , I lived thru that time It was mainly due our manufacturing capabilities escaped unscathed from WWII we became the world's major producer of many products. Add to that the returning service men and women along with the euphoria of the depression and the war finally behind us. Mickey Mouse could have been President and the country would have boomed. Living through an era doesn't mean you understand anything about it. Edited May 22, 2017 by Chef Jim Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 It was mainly due our manufacturing capabilities escaped unscathed from WWII we became the world's major producer of many products. Add to that the returning service men and women along with the euphoria of the depression and the war finally behind us. Mickey Mouse could have been President and the country would have boomed. Are you comparing President Eisenhower to Mickey Mouse ? Link to comment Share on other sites More sharing options...
Chef Jim Posted May 22, 2017 Share Posted May 22, 2017 Are you comparing President Eisenhower to Mickey Mouse ? Yes. That's exactly what I'm doing. Would my post have had more meaning had I said Obama instead of Mickey? Link to comment Share on other sites More sharing options...
ALF Posted May 22, 2017 Share Posted May 22, 2017 Are you comparing President Eisenhower to Mickey Mouse ? Yes. That's exactly what I'm doing. Would my post have had more meaning had I said Obama instead of Mickey? Eisenhower was a brilliant General and I believe a very great President , so I disagree with you Chef Jim Link to comment Share on other sites More sharing options...
Chef Jim Posted May 22, 2017 Share Posted May 22, 2017 Eisenhower was a brilliant General and I believe a very great President , so I disagree with you Chef Jim So you think that Eisenhower was responsible for the economic boom in the 50's? Please explain, in detail, what policies he set in place that created that boom. Link to comment Share on other sites More sharing options...
4merper4mer Posted May 22, 2017 Share Posted May 22, 2017 Eisenhower was a brilliant General and I believe a very great President , so I disagree with you Chef Jim Mickey Mouse is a brilliant businessmouse who has made billions worldwide. Yes he has a squeaky voice but he knows what he is doing. So you think that Eisenhower was responsible for the economic boom in the 50's? Please explain, in detail, what policies he set in place that created that boom. He already told you. High taxes. Duh. Link to comment Share on other sites More sharing options...
/dev/null Posted May 22, 2017 Share Posted May 22, 2017 I'll wait for DC Tom to weigh in on this one . I do respect your opinions. It is what it is Just in case the anticipation is killing you and you can't wait any longer, here's a spoiler alert You're an idiot Link to comment Share on other sites More sharing options...
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