The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Facts are stubborn things||Date: 11/29/2012 12:29 PM|
|Author: jerryab||Number: 1840967 of 1913234|
The subject of this thread is debt and where it came from.
It came from GWB and the conservative Congress.
Tax cuts they created caused about two-thirds of the additional deficit.
Their mismanagement of the the military and two unfunded wars exacerbated the problem.
Their failure to create a viable US economy to fund and pay for all the expenses they ran up made things even worse.
Their failure to understand how business operates meant they did not properly regulate or control a variety of markets (because the claim was they were "self regulating")--which resulted in the crash of the financial markets and the permanent loss of millions good-paying US jobs.
THEN they whine about spending too much (AFTER they got out with their profits intact). ROFLMAO !!!
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|