ID i can spin it for your in Lib talk

 

What they will say is that these are specail times and money needs to be spent. In order to get this money we shall punish those who put americans to work in jobs by taxing them more. After all.... they have the most money right? who cares if they already pay 80+% of the taxes already? we need to milk em dry. There is no need to be successful because you will get penalized and its much better to give to those who did not earn it.

 

So no I didnt support the first one or the second one...I dont support any extra spending the gov does. All I want them to do is make sure I am safe, upkeep the infustructure.. ect ect. I dont want gov health care and all the other bullshit they have been spewing.

Running a budget deficit when the economy is growing = bad

Running a budget deficit (and looking to increase it) when the economy is suffering a recession = standard economic policy.

Bush spent more than he received when the economy was growing. Instead he should have been saving up money for a rainy day. That rainy day is now here. So it's not necessarily hypocritical to oppose budget deficits under bush and support them with Obama. It'd only be hypocritical if you were to still support Obama if in the future the economy recovers and he still was running up budget deficits and not decreasing them as the economy grows.

Government spending doesn't help in a recession, especially spending that is 90% BS.  The only other stupid thing would be to raise taxes during a recession, but then again, Odumbo is doing that too.

So spending money when the economy is bad is better than spending money when the ecoomy is good? That doesn't make sense, at least in a good economy, the deficit can be paid, how the F_ck hell do you pay down a deficit during a bad economy?

Kinda funny, cosidering we are where we are today because people were spending too much money, during a good economy (buying house, cars, TV's, gaming systems, computers, iPhones, etc.) and now that we in a bad economy, they are saving rather than spending. So why are you people not telling people to spend more even though they may and will raise their own personal deficits?

Bush = Bad President.

Obama = Worse.

The problem is no one with any sense would want to run for President thus we end up with choices like Obama vs. McCain. At least Obama is smooth.

We used to think that Bush's outspending of Clinton was bad, but that seems like the good old days now that we have a President who has outspent every single U.S. President combined. And thats just in his first month on the job.

 

That's a key point, just one month.  Just wait.

the one thing i hoped obama would do, is follow the trend of democrats balancing the budget, instead we get the worst overspending in us history.

He managed to outspend every other president ever, in just one month.

During a period of growth, the economy is likely almost at full capacity, and is gorwing through increases in the aggregate supply curve. Government spending will cause an increase in demand, but because there isn't sufficient capacity in the economy all it will lead to in the end is inflation (output increases beyond capacity, meaning prices rise, meaning demand falls back to a level where the economy is at/close to capacity), meaning that all of that money was just wasted.

In a recession (which is caused by a fall in demand rather than capacity) you have all this spare capacity that isn't being used. So if aggregate demand is increased, you get a boost in output without suffering from inflation.

If the government is running a budget deficit, it's effectively looking to boost aggregate demand (via tax cuts/increased spending). When the economy is growing by itself and you're not suffering a significant slump in demand that is leaving tons of unused capacity, it makes no sense to do this and to try and stimulate the economy. Hence why budget deficit during growth = bad (as a general rule). However when you have the demand caused recession, the government running a budget deficit can help to end it.

Unfortunately wiki's economics section leaves a lot to be desired, but if you're interested the bottom of this link contains a (fairly poorly laid out) diagram demonstrating what typically happens with an increase in aggregate demand (inflation):

http://en.wikipedia.org/wiki/Aggregate_supply

so aeo...your going to pay for this/ or are you going to pass this on to my kids?

 

why is it so hard for people to want a gov that does not get into every aspect of our lives and spend OUR money that WE earn? I am just sick of this. tax this tax that. Who does it hurt? people earning money and working. this never hurts those that suck off the governments tits . screw it. Im finding an island and making my own country!

I have been against all of the bailouts and stimulus bills from the get-go.  The problem is that none of them are actually aimed at doing anything but making people (and now companies) dependent on the government to survive and that never leads to good things.  Hell just today I was watching an interview with Barney Frank related to the recent bonuses paid to AIG employees where he was actually suggesting that the US Government start firing execs at AIG since the government owns 80% of the company.  Now while I think AIG paying out bonuses was a dumb move on AIGs part the thought of the Government being able to step in and fire people from a "private" company scares the hell out of me.

O really its just now starting to scare you?

 

Case in point look at the smoking bans going on...thats just one example of the gov steping in telling private companies what they can and can not do ( even though said substance is legal )

say what?

Can you tell me the last Democrat trend of balancing the budget?

 

I've been against those as well.

The intrusion of this government into our lives has been scaring me for some time now, I just wish there was something that could be done to stop it.  I've tried writing my representatives, I've tried voting against them.  I will continue doing both but I'm just not sure what else I can do to stop it.