Originally posted by julibug
Hopefully in a few months, the Iraq situation will be mostly over...http://www.foxnewschannel.com/story/0,2933,103168,00.html
Then to the next chapter in the war on terror.
[extreme sarcasm mode]
I say we attack Francais! They ally with us, and bowl over every war and always tell us we're uncultured slovenly over-zealous hedenistic war mongers... 🙄
Or maybe we could take over the Phillipines...again. Ooh! Ooh y'know Panama hasn't had their ass kicked in a while.
Wait. WAIT I got it! North Korea they have nukes a dictator, communism, an oppresed population. Perfect target.
Originally posted by julibug
There was already a national debt. Has been one for a very long time.The tax cuts helped the economy as a whole. It may take longer in certain areas than others to show up.
Your right. There has always been a national debt. Unlike Clintion, Bush is not making it any better. In fact He's making it worse.
From CNN White House Correspondent Kelly WallaceSeptember 27, 2000
Web posted at: 4:51 p.m. EDT (2051 GMT)WASHINGTON (CNN) -- President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion.
"Eight years ago, our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."
Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.
Not once Bush took office.
That surplus went bye bye really fast as soon as Bush took office.
So ask yourself where did the money go?
Simple anwser. Tax loop-holes for the rich.
Check out this article.
Urot - in regard to the national debt & tax cuts:
"Pay off the debt. Ease the burden on the kids and grandkids plus boost savings and economic growth. But it's out of tune with economic reality, because some national debt is actually good for the country. Here's why:
More Than Enough. One problem with paying down the debt while having a budget surplus is that it requires us to keep taxes higher than necessary--and high taxes hurt economic growth more than a national debt. Studies and real-life evidence from the 1920s, '60s and '80s show tax cuts help spur economic growth, as Peter Ferrara of George Mason University notes in a recent issue of Policy Review. But no studies or evidence show paying off the debt helps growth.
Too Much, Too Soon. Liberals say they want to pay off the debt within the next 10 years. But the problem is the government created the debt by issuing Treasury bills, which by law have a set payment schedule that can run as long as 30 years. In other words, no matter how nice it would be to be debt-free by 2011, it can't happen that fast.
Erasing the debt also can affect low inflation, a key part of the 1990s economic boom. The Federal Reserve Board keeps inflation under control partly by buying and selling bonds. It buys the bonds with newly printed money to increase the money supply to create inflation. It sells them to reduce the money supply and keep inflation low. But without some national debt, there would be no bonds to buy or sell. That means the Fed couldn't manage inflation as well--and $8 Big Macs may not be far behind.
Debt? What Debt? The national debt isn't as big as it used to be--or as Gephardt and the Debt Relievers make it sound. Our current $3.4 trillion debt is less than a third of America's gross domestic product (GDP). In 1950, it was 80 percent of GDP, and a little less than half in 1960. America did OK economically back then with those huge debts. It makes little sense now to cry havoc against a smaller debt and refuse to give taxpayers a refund from the surplus they created. (And how ironic that some of the same congressional liberals wailing about the debt today kept quiet during the 1980s and early '90s, when they were spending tax money like rock stars on a wild concert tour.)
Lowering the debt is a good idea--President Bush would reduce it to $818 billion by 2011--but a lower debt shouldn't come before lower taxes.
Of course, if debt alarmists want to lower the debt faster, they always could cut some outdated government programs and make payments with the savings. For example, why not eliminate the Rural Utilities Service, which was created in 1935 to help bring electricity to rural areas? Its mission was largely completed some four decades ago."
(taken from http://capmag.com/article.asp?ID=475)
Meanwhile, over here in England everyones getting pissed off with George Bush, not just the queen! There have been loads of protests today in birmingham against him and blair and a 50 odd year old woman protestor managed to get past buckingham palace security, climb the front gates of the palace and hang a banner up on the gates. I think shes still up there.Everyone's too scared to bring the mad woman down! 😂
Originally posted by julibug
I think the situation in the middle east can be compared to the native americans/modern americans in some aspects, but it is really a different situation. However, having said that, I don't necessarily agree with they way Bush is handling that situation. Like I said in a previous quote, I don't know of an easy answer for it. There has to be a way for both peoples to occupy that area.
The easy answer to the Israeli situation: Elect a democrat next time!!
Like I already said, if Bush had continued to do what Clinton had been doing and worked to gain the trust of both sides, it would have been solved in a matter of months. But NOOO, instead he had to go and put a damn fence up instead! How stupid is that?!!