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MrRodgers -> RE: Bush Has a Good Economic Record (9/4/2008 2:41:18 PM)
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quote:
ORIGINAL: Archer
Funny that the revenue from Income taxes rose and yet Congress seemed to find a way to spend the additional revenue as well as the amount spent the previous years. Yet Bush gets the blame for the spending done by Congress.
What happend to Pelosi's promise about not spending without the bill stateing specificly where the money would come from?
Now granted Bush had several years of a Republican lead Congress that didn't have any better spending discipline. I've raised hell abpout that as well.
And I've certainly criticised Bush for not even so much as looking at the veto stamp until he was into his Lame Duck period.
Spending and thus the Debt is controled by Congress, with the President having only the proposed budget (a budget request) and the veto to control that spending. He's used niether very well but although they are connected the US Government Debt and the US Private Economy are not the same thing.
BTW what happened to those "economists" who predicted that this past quarter was going to be the start of the actual decline in economic growth starting the official recession?
You are correct and I loath congress...they are ALL whores. BUT...
Most of the increase in spending has been requested by Bush. Iraqi war, HSA, TSA...etc. etc. I think DoD (pentagon) has gone up from $300 Bill. to $500 bill. He wasn't likely to veto those.
The elders prescription benefit the only significant increase in social spending.
Yes, yes, BOTH parties also and far too often...even increased that spending but the majority in restroring the social spending cuts.
Look Archer...you and I both know these drunken sailors we have in congress, use the power of the minority (too much in my mind) to protect the protectable. Repubs their business benefits...dems their programs. Nobody gerts hurt and local patrons get them re-elected.
So what else is new...been go'n on for almost 50 years.
NOTE: The debt I write of in my earlier post includes ALL debt. Federal, state, city, county and personal. My point is that we are ALL supposed to be getting richer and OUT of debt. It 'ain't' happen'n.
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