View Single Post
  #1  
Old 07-26-2011, 04:20 PM
Riot's Avatar
Riot Riot is offline
Keeneland
 
Join Date: Mar 2007
Posts: 14,153
Default

Quote:
Originally Posted by wiphan View Post
Riot believes in the government creating jobs with more government spending. Debt is no big deal. We need rail projects, more government spending to keep the economy going. The economy will never fix itself. We need to the government to fix it. We will let someone else worry about the debt problems we create today. It is the american way or at least was up until most people woke up a few years ago. Take money from the wealthy and create more government albeit temporary jobs.
Yes, I most certainly do believe in the government creating jobs. Money is the cheapest it's been right now, the government should issue bonds and institute a massive infrastructure jobs bill. The infrastructure has to be repaired, better to do it with cheap dollars rather than expensive in the future. Oh, yeah, and that putting millions back to work would be cool, too

And there is nothing wrong with temporary jobs during a recession. It keeps money in people's pockets, keeps businesses from going out of business, etc.

I never said "debt is no big deal" - that's your silly saying. We worry about the debt problems after our economy starts booming, we have people with jobs paying taxes again, etc.

No - the economy isn't "helping itself", is it? The Bush administration oversaw massive tax cuts to business and massive job layoffs as money was not reinvested in businesses, but taken as inexpensive capital gains.

Quote:
It is the american way or at least was up until most people woke up a few years ago.
Yes, "most people" woke up and discovered we were 1.4 trillion in debt due to George W. Bush and Republican reckless spending, while slashing our income by 1/4.

I suggest you read this article:
http://www.bloomberg.com/news/2011-0...-on-obama.html
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
Reply With Quote