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US Debt Ceiling Debacle Part II

Started by Jacob, May 16, 2012, 03:48:25 PM

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derspiess

Quote from: Admiral Yi on September 06, 2012, 02:44:03 PM
Quote from: Jacob on September 06, 2012, 12:52:02 PM
Isn't the record of Republican presidents one of huge increases in the deficit? Why would it be different this time?

Bush II ran deficits on the order 3-5% of GDP I believe.  Last year must be an exception with TARP.

And I wasn't talking about Republican presidents anyway.
"If you can play a guitar and harmonica at the same time, like Bob Dylan or Neil Young, you're a genius. But make that extra bit of effort and strap some cymbals to your knees, suddenly people want to get the hell away from you."  --Rich Hall

MadImmortalMan

Still would have been running massive deficits under the Ryan plan anyway. It's wimpy.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Razgovory

Quote from: derspiess on September 06, 2012, 04:05:29 PM
Quote from: Admiral Yi on September 06, 2012, 02:44:03 PM
Quote from: Jacob on September 06, 2012, 12:52:02 PM
Isn't the record of Republican presidents one of huge increases in the deficit? Why would it be different this time?

Bush II ran deficits on the order 3-5% of GDP I believe.  Last year must be an exception with TARP.

And I wasn't talking about Republican presidents anyway.

Who were you talking about when you said Republicans.  The Iraqi Republican guard?
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017