Originally Posted by mlyonsd
I think Direckshun has exposed a very interesting political tactic, that being just how Obama and his cronies trick their constituents into being so stupid.
Right now the national debt is growing at about $4 billion dollars a day, or about $166 million dollars per hour. That of course isn't all on him, although I find it hypocritical now he says congress should pay for the bills they have racked up, when he was actually a member of both congressional bodies when they were racking it up. Not counting the spending he himself has signed into law as president. But I digress.
I suppose when you trick people into believing reducing the growth and not the actual deficit works, you run with it, even though the damage it is doing far outweighs any political gains he receives.
The country is waking up to what the debt actually means, especially at the pace it is growing under Obama. The debt increased more in 3 years under Obama than it did under 8 of Bush. And now that Obama has made most of the Bush tax cuts permanent he has painted himself into a corner on the debt.
Being divisive only for political gain will eventually come back to haunt how history judges him. He can't escape the numbers, he owns them now.
This too is an interesting tactic. Calling me stupid, then going on to not actually refuting anything I've siad.
In reality, Obama inherited a trillion dollar deficit in a crippling near-depression.
And you wanted him to do what? Eliminate a trillion dollar deficit in two years? Four years?
Do you understand that deficit reduction retards growth? And that slight deficit reduction will only retard growth slowly, while the extreme deficit reduction you'd clearly favor would have been even more devastating?
To pull off the elimination of a trillion dollar deficit in two or four years, you'd almost have
to decimate our entitlements, at a time when a ton of people wound up on them at no fault of their own, because of the irresponsible actions of a handful of massively wealthy people.
That's truly, honestly madness.
I favor a less radical, more responsibly gradual approach that picks up steam as our economy does.
Which is what we're getting.