Originally posted by Dodecahedral

I'm a conservative and this is truly sad.
People are trying to blame Carter LOL!!


[edit on 29-11-2008 by Dodecahedral]

people that keep announcing " i am conservative" are the exact opposite. and why is it funny people are blaming carter???? it was his fault. do you refuse to look up the definition of the community reinvestment act???? he started the bubble that burst 30 years later

We need to be more productive workers. Everyone can't own a Franchise, whether it McDonalds or The Gap. We have to move toward building products again. So, it has little to do with Bush other than he is just another President who is ignorant.

It's more to do with our society and culture. We need a renaissance like France or a revival or a reawakening

Complaining on the internet...that's a waste of energy but it's your decision and you are welcome to vent about George Bush. But the President doesn't run the economy, he doesn't run anything but The Military.

It's very hard to understand and you will need to study for many months, but you will find that our country is in need of some real leadership in the form of a President.

Obama will probably provide it and it's very needed.

I blame Saddam Hussein and his WMD´s!

Originally posted by Waldy
I blame Saddam Hussein and his WMD´s!

We keep telling you......... Saddaam moved the WMD's to Syria/The Bakaa valley, before the liberators arrived. Well.... except for the 350 metric tons of Yellowcake, that is. The last shipment of that arrived in Canada a couple of months ago.

I think people here are looking for a grand conspiracy where there is none in this case.

I agree with getting rid of the Fed and the income tax but this is a conspiracy of one and that's Bush.

If he would have controlled spending and reduced the scope and size of government when he had a republican House and Senate things would be alot better now.

You can't cut taxes, borrow money and grow government at the same time. Especialy under a global economy.

See, free trade means jobs will be lost to cheap labor. We will then switch fom a producer based economy to a consumer based economy.

This means other countries will hold our debt as long as we consume their goods.

You can't have a debt over 10 trillion dollars when the GDP is 13 trillion in this enviroment.

Your going to have a credit crunch because other countries will not hold our debt when our debt begins to outweigh our consumption.

This is directly at the feet of Bush.

12 vetos in 8 years? You have to go back to Warren Harding to find a President who gave out less Vetos. Reagan 78 and even Clinton 37.

Under Bush discretionary spending went up 5.3% and under Reagan, 1.9%.

Again, you can't cut taxes, borrow and grow government.

It's not Carter or Clinton, it's Bush.

If he saw the housing bubble coming, why did he borrow and spend like crazy?

[edit on 4-12-2008 by Dodecahedral]

Bush again.

A lot of people from both parties present an past are to blame for our economy, including ourselves. The politicians for passing legislation to benefit companies, the companies for taking advantage of legislations, and the people for willing to continue to buy stuff from China, Mexico, and other countries because it is cheaper. The day people start buying American products is the day you will see businesses move back into the US. Why should they move back now? Consumers have already shown that they will complain that Americans are losing jobs because companies are moving overseas, but will also continue to buy the products those companies are sending back to the US. I guess since we are a country that no longer takes responsibility for our own actions, I can see why people would want to blame Bush.

Basically, people don't understand how free trade works and what it means to be in a global economy.

People are still complaining about jobs lost to cheap labor, yet unemployment was low and the economy was growing.

This is because under free trade you go to a consumer based nation from a producer based nation.

This means we borrow and consume. Other countries will hold our debt if we consume their goods.

People were making alot of money starting businesses, off the internet and in real estate.

This is because interest rates were low and credit was cheap as it should have been especially after Bush cut taxes.

The problem occured because Bush cut taxes and increased the size of government which has given us a 10 trillion dollar debt in a 13 trillion dollar economy.

So we went from a consumer nation to a debt nation and now we have to try and find jobs and start producing again to dig our way out of the debt.

This is DIRECTLY do to massive borrowing and spending. You can't cut taxes and then increase the size of government in this global economy.

If Bush would have controlled spending we wouldn't be in this mess.

American people have been complaining about jobs and cheap labor for years and this mentality is very silly.

If the government controls there spending, we can borrow and consume as far as the eye can see. That's because other countries will hold our debt as we consume their goods. They will not hold our debt if our debt is starting to outweigh our consumption.

This is what the bailout is trying to do. Give banks money and get them to loan it to the American people. This is because other countries will not hold our debt with the government spending and increasing debt under Bush.

What will happen now is the government will basically own private industry because jobs will not be created fast enough to produce our way out of the debt. So America will be Socialist by the end of 2009. I don't think there's no other way out of it because the debt under Bush is massive.

There's alot of things that I would like to see go like the Fed and the Income tax but people are trying to blame things that had nothing to do with the underlying problem which is debt.

You want to scapegoat Bush because he has a R next to his name but what he did was Horrible!!

He gave out 12 vetos vs Reagan 78 and Clinton 37.

Discretionary spending went up to 5.3% under Reagan 1.9%

Bush borrowed more money from foreign governments than 42 Presidents before him combined. The 42 Presidents borrowed 1.01 trillion and Bush borrowed 1.05 trillion in 4 years!!

Non defense spending went up, Defense spending went up.

He cut taxes and increased spending which is a recipe for disaster. He spent your wealth, your childrens wealth and grand childrens wealth in 8 short years!!