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08-22-2011, 01:14 AM | #21 |
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Clinton didn't balance anything.. |
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08-22-2011, 01:14 AM | #22 |
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08-22-2011, 01:16 AM | #23 |
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08-22-2011, 01:17 AM | #24 |
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08-22-2011, 01:29 AM | #25 |
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08-22-2011, 01:40 AM | #26 |
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Yes, he did. His final budget was in balance, and that was no accident. He already was reducing his deficits before the Republicans took over congress in '94. Clinton was on his way to balancing the budget and would have balanced it whether he had Democrats or Republicans in Congress. The fact that Republicans worked with him only means they get to share in the credit. It is good that they worked with them, unlike the current extremists who are determined to block absolutely anything Obama tries, no matter how conciliatory he tries to be. Clinton continued Bush 41's defense cuts, retroactively eliminated tax cuts to the top 3%, and creat6ed a 5.6 trillion dollar projected surplus When there is a deficit, private industry has to get in line behind the fed for access to short tern credit capital. A great example, ever wonder why Microsoft didn't put out a single major consumer roll out between 1990 and 1995 ? It was no coincidence. Industry uses short term credit, not their treasury to expand . Innovation is based on consumer demand, and the consumer demand, and the consumers buying power creates jobs, jobs create revenue The US is a bottom up demand bases economy, always has been |
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08-22-2011, 01:43 AM | #27 |
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Clinton understood the relationship between the deficit and business expansion. |
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08-22-2011, 01:49 AM | #28 |
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Clinton understood the relationship between the deficit and business expansion. |
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08-22-2011, 01:53 AM | #30 |
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08-22-2011, 01:54 AM | #31 |
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08-22-2011, 10:34 AM | #32 |
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I think the last 4 years have shown us a paradigm shift. China and India will become the "bottom" for consumption soon enough. Fuck your drama. Speak your mind like a fucking grown up, without the pathetically transparent tropes. You're more clever than smart. That never works well in the end. Just because it's the inter-webs doesn't make it any less pathetic. |
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08-22-2011, 02:36 PM | #33 |
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Right-wing nuts are always screaming that the government should not create jobs. Well the government did exactly that to help us get out of the Great Depression. FDR created the Works Progress Administration and the Civilian Conservation Corps. The WPA put my grandfather to work when his farm went bankrupt during the depression. Instead of standing in bread lines, he was able to go to work every day doing something useful for the country and earn a decent paycheck and feed his family. |
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08-22-2011, 03:16 PM | #34 |
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I also think that saara . Clinton understood the relationship between the deficit and business expansion. Clinton continued Bush 41's defense cuts, retroactively eliminated tax cuts to the top 3%, and creat6ed a 5.6 trillion dollar projected surplus When there is a deficit, private industry has to get in line behind the fed for access to short tern credit capital. A great example, ever wonder why Microsoft didn't put out a single major consumer roll out between 1990 and 1995 ? It was no coincidence. Industry uses short term credit, not their treasury to expand . Innovation is based on consumer demand, and the consumer demand, and the consumers buying power creates jobs, jobs create revenue The US is a bottom up demand bases economy, always has been |
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08-22-2011, 03:26 PM | #35 |
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08-22-2011, 08:15 PM | #36 |
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We want a stock market that is more about gambling and speculation than capitalizing productive industry and creating the products and services that people want and need. We want crony industries to be declared winners in the market, thereby destroying investment and re-directing it in ways that have nothing to do with economic growth and expansion. |
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08-22-2011, 08:18 PM | #37 |
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No candidate for president (or any other national office, for that matter) can currently follow through on promises of job creation.
It's easy to explain why: The only policy prescription that will definitely create jobs is the federal government hiring people, directly or indirectly, to produce stuff that will help everybody. No politician is capable of getting either a vote in favor of deficit spending or raising taxes in order to pay for such a program. Therefore, no politician can get the federal government to hire anybody. The only way to convince the private sector to create serious jobs in the US is if manufacturing in the US becomes more attractive to utterly callous businesses than manufacturing in Third-World countries. That means either tariffs which would get the US in serious trouble with the WTO, or gutting all environmental and labor laws so that corporations could pay people pennies an hour, dump toxic chemicals near their home for their trouble, employ their children when families couldn't manage on the income of the parents. and fire and replace them when they get hurt or sick on the job, get pregnant, or complain. Another way of thinking about it: The Republicans put forward their vision of the future as the 1950's and Leave it to Beaver. But their real vision of the future resembles much more the 1890's and Upton Sinclair's The Jungle. |
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08-23-2011, 01:30 PM | #38 |
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08-23-2011, 03:31 PM | #39 |
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http://youtu.be/EBj1rmWI428 http://youtu.be/Y-NuTXsKRWs ~~~~~~~~~~~~~~~~~~~~~~~~~~~ CURB THE GOVERNMENT. DEAL WITH THE PERP, NOT THE VICTIM. |
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08-23-2011, 03:31 PM | #40 |
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http://youtu.be/EBj1rmWI428 http://youtu.be/Y-NuTXsKRWs ~~~~~~~~~~~~~~~~~~~~~~~~~~~ "MAKE THEM THIS! MAKE THEM THAT! MAKE THEM OBEY!!!! ************************** FUCK ALL THAT SHIT!!!!!!! |
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