Obama's Running Mate

[ajmccarrell]

Originally Posted by strandinthewind

And - you were just singing his praises the other day

Interestingly, the economy and just about everyone and the US economy (read surplus) was doing great during the Clinton year tax rates. Moreover, prices were hardly stagnant (hello $4.00+ for a gallon of gas) under the W tax cuts, which greatly favored the wealthy by percentage -- kind of blows your argument out of the water

Kindly explain the connection between tax cuts and $4.00 gas? You can't because there isn't a connection. Besides, the president doesn't set gas prices. He has no magic button under his desk. If we had done what he asked 7 years ago to start drilling again in places where we know there is oil, we wouldn't be in this mess. Your argument is so full of holes and you draw connections that aren't there that it is laughable. I KNOW you are smarter than this. Gas prices are market driven. As supply goes down, prices go up and vice versa. This is econ 101 or just plain common sense.
Also, the economy is not the position of the US government. The position of the US government is simply that. The economy is usually measured by GDP which is in no way connected to whether or not the government has a surplus. All a surplus means is that the government has too much of our money. Please, before expressing an opinion on the economy, at least take econ 101. You really sound stupid.

[strandinthewind]

^^

No, a surplus is a good thing. Put it this way, instead of lying to invade a country that had nothing to do with 9/11 and then spending the trillions in surplus and then borrowing trillions of additional dollars to fix the boo boo -- W could have:

1. Maintained the war in Afganistan, they attacked us after all;

2. Built at least 10 VA Hospitals to replace the crumbling ones we have now;

3. Built a mega infrastructure for wind enegry, which mostly is harnessed in remote areas, to be used throughout the power grids of this country.

Every American would have benefited this way and hundreds of thousands if not millions of jobs would have been created in this scenario -- and there would have been a few billion left over for a rainy day, like to address the recession that closely followed Clinton's exit from office and likely began while he was in office due, in part, to the .com and Enron esq. meltdowns. That is why a surplus is a good thing; saving always is. Also, it is impossible for the best of us to plan to break even and really nor should the govt.

So, when there is excess money on this scale, it should go back to the people via the three example I gave. That way, the "additional" money is spent on something for the good of the pople that the govt. would have to pay for anyway, but did not think could be in the budget in the first place.