“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
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Quiz - Who said this is 2006?
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Originally posted by DimPrawn View Post“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
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Let's be fair on Obama here. The debt really shot up under Mr Bushmonkey, and the US needs to cut spending AND raise taxes to improve matters; trouble is that the Tea Party loonies won't allow him to reverse Bush's tax cuts. All he can do is buy time.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by Mich the Tester View PostLet's be fair on Obama here. The debt really shot up under Mr Bushmonkey, and the US needs to cut spending AND raise taxes to improve matters; trouble is that the Tea Party loonies won't allow him to reverse Bush's tax cuts. All he can do is buy time.
Thae fact is America's (and the UK's) debt needs to rise before it can fall.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostWHS. Obama is head and shoulders above his predecessor. But hamstrung by the idiots of the Tea Party.
Thae fact is America's (and the UK's) debt needs to rise before it can fall.
New Labour's view is debt must always rise in order to achieve growth.Comment
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Originally posted by DimPrawn View PostThat's the most stupid thing you've ever said, and that's saying something.
New Labour's view is debt must always rise in order to achieve growth.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Bush Jr. cut taxes for the rich during the boom years when he should have been cutting deficit. That would have allowed more room for fiscal stimulus / borrowing during the recession. Obama had a a sh1tty hand and will no doubt pay for it in the election.Comment
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Originally posted by Old Greg View PostBush Jr. cut taxes for the rich during the boom years when he should have been cutting deficit. That would have allowed more room for fiscal stimulus / borrowing during the recession. Obama had a a sh1tty hand and will no doubt pay for it in the election.
Nice war in some Arab country to boost their military spending and get some cheap oil in.Comment
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