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re: America's best and worst presidents of the past 50 years
Posted on 4/3/14 at 4:38 pm to the808bass
Posted on 4/3/14 at 4:38 pm to the808bass
quote:
And Obamacare is fixing that by driving costs up even further?
I don't see how you think my point was Obamacare was fixing that.
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Posted on 4/3/14 at 4:40 pm to MIZ_COU
What should ole G-Dub have done about the financial system?
Posted on 4/3/14 at 4:46 pm to roadhouse
R u a gdub fan?
Posted on 4/3/14 at 4:48 pm to MIZ_COU
No, I agree with everything you said except blaming the financial meltdown on him or alluding that he could have done something about it.
Posted on 4/3/14 at 4:52 pm to roadhouse
I didn't really blame him, used the word oversaw. He didn't create the root causes.
He also didn't do anything about it even though it was a long time coming, and with his anti-regulation stance he never would have. He could have used it to get the wall street banks under control and instead he just handed them money. Was a puppet of the Fed. Just being his usual clueless frick up self.
He also didn't do anything about it even though it was a long time coming, and with his anti-regulation stance he never would have. He could have used it to get the wall street banks under control and instead he just handed them money. Was a puppet of the Fed. Just being his usual clueless frick up self.
Posted on 4/3/14 at 4:56 pm to MIZ_COU
He added to the problem with his tax cuts, but it's hard to blame him for that given the economy at the time they were passed.
This post was edited on 4/3/14 at 4:59 pm
Posted on 4/3/14 at 4:58 pm to MIZ_COU
quote:
He also didn't do anything about it even though it was a long time coming, and with his anti-regulation stance he never would have
You do realize that Clinton is responsible for the deregulation leading to banks having as much power as they do, right?
Posted on 4/3/14 at 4:59 pm to The Spleen
Apparently it's hard for some people to blame him for a lot of things (although to be sure there is plenty of blame to go around).
Posted on 4/3/14 at 5:03 pm to roadhouse
quote:Yes I do know this. Along with Republicans led by Phil Gramm who was completely in the pocket of wall street. I don't know why he did it, and I have to wonder if he might of done something different about the effects, but we will never know.
You do realize that Clinton is responsible for the deregulation leading to banks having as much power as they do, right?
Posted on 4/3/14 at 5:04 pm to The Spleen
quote:
It wasn't designed to lower costs, but rather to slow the rate of cost increases. It remains to be seen if it will do that, and even I have my doubts. The increase rate has slowed, but that's more due to the recession.
This is just a pile of lies. Obama said it would lower all our costs.
Eta: nor has it slowed the rate of increase. The rate of increase has increased.
This post was edited on 4/3/14 at 5:05 pm
Posted on 4/3/14 at 5:06 pm to the808bass
808 what's your stand on medicare? (and I'm not trying to set you up)
Posted on 4/3/14 at 5:08 pm to MIZ_COU
quote:
Inherited a budget surplus
This hasn't happened for decades, Clinton's questionable accounting standards notwithstanding.
Eta: would I rather have a $90B deficit than a $1.5T deficit? Of course. But we haven't had an actual surplus in decades.
This post was edited on 4/3/14 at 5:10 pm
Posted on 4/3/14 at 5:09 pm to MIZ_COU
I'm ok with the idea of Medicare. It's insolvent. If we want to keep some form of it, it's going to have to be radically redesigned.
Posted on 4/3/14 at 5:14 pm to the808bass
quote:But it's much more radical than Obamacare. It's single payer government funded health care for anyone everyone over 65 reguardless of means. It pumps huge amounts of taxpayer money (more than we spend on defense) into the health card system drastically driving up costs. So if you hate Obamacare you should be absolutely apoplectic over medicare.
I'm ok with the idea of Medicare. It's insolvent. If we want to keep some form of it, it's going to have to be radically redesigned.
Posted on 4/3/14 at 5:19 pm to the808bass
quote:Well somebody did because even the CATO institute, which is as conservative as it get's, shows a budget surplus in 1998.
This hasn't happened for decades, Clinton's questionable accounting standards notwithstanding. Eta: would I rather have a $90B deficit than a $1.5T deficit? Of course. But we haven't had an actual surplus in decades.
And speaking of questionable accounting how bout taking the Iraq war completely off the books? Apparently it was funded by leprechauns.
Posted on 4/3/14 at 5:22 pm to the808bass
quote:
nor has it slowed the rate of increase. The rate of increase has increased.
Actually from 2009 to 2011, it slowed. This article is a little dated, and perhaps the trend has changed recently.
LINK
Posted on 4/3/14 at 5:27 pm to sorantable
quote:
sorantable
Posted on 4/3/14 at 5:29 pm to MIZ_COU
quote:
Well somebody did because even the CATO institute, which is as conservative as it get's, shows a budget surplus in 1998. And speaking of questionable accounting how bout taking the Iraq war completely off the books? Apparently it was funded by leprechauns.
Wouldn't be the first time Cato has gotten something wrong. During no year of the Clinton Presidency did the Federal Debt decrease. If an actual, rather than accounting, surplus had occurred, the debt would have decreased.
And despite Bush's idiocy in keeping war appropriations out of budget requests, the war appropriations were accounted for in the fiscal year-end deficits. Math.
Posted on 4/3/14 at 5:31 pm to MIZ_COU
quote:
And speaking of questionable accounting how bout taking the Iraq war completely off the books? Apparently it was funded by leprechauns.
Does anybody remember when a billion dollars in cash went missing in Iraq or Afghanistan and nobody had any answers? Anything ever come of that?
Posted on 4/3/14 at 5:36 pm to The Spleen
quote:
Actually from 2009 to 2011, it slowed. This article is a little dated, and perhaps the trend has changed recently.
You mean before Obamacare took effect?
Not gonna be a pretty year for health insurance.
LINK
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