I am so sick and tired of the national bickering over the debt ceiling. Why can't we return to the good ol' days of 2001-2006 when the Republicans controlled the White House, the Senate, and the House of Representatives. Back then the Republicans did not care about deficits and debt ceiling limitations. They simply spent money like crazy and reduced the taxes for the wealthiest Americans. George Bush never vetoed a spending bill. Even VP Cheney said that "the American people don't care about deficits."
I sure miss those good ol' days. Oh well, I guess I'm just dreaming.
Edward F. Murphy, Mesa
Leon Ceniceros posted at 6:37 am on Sat, Jul 30, 2011.
SIMPLE ANSWERS TO YOUR "SATURDAY MORNING QUARTER BACKING" QUESTIONS.
1. THE DEFICIT WAS ONLY 5-8 TRILLION........NOT ....$14,000,000,000,000.00 AND CLIMBING.
2. HOUSING PRICES AND EQUITY WERE GOING THROUGH THE ROOF...PEOPLE HAD MONEY COMING OUT OF THEIR EARS....BANKS WOULD REFINANCE AT THE DROP OF A HAT AND HAND OVER A BIG FAT CHECK IN AN HOUR'S TIME.
3. FAREED ZAKARIA AND ALL OF THE OTHER FOREIGN-BORN "KNOW EVERYTHING ABOUT AMERICA ....GURU'S ....WERE NOT RUNNING AROUND CNN COMPLAINING ABOUT ANYTHING.
4. THE STOCK MARKET AND WALL STREET WERE TAKING OFF LIKE THE ....SPACE SHUTTLE (YOU KNOW...THE ONE WE CAN NO LONGER AFFORD AND HAVE TO FLY OUR ASTRONAUTS OVER TO MOSCOW TO HAVE THE RUSKIES SENT THEM UP TO THE SPACE STATION....LOL)
5. VICE-PRESIDENT CHENEY (NO PROBLEM WITH HIS BIRTH CERTIFICATE...LOL)....WAS SO RIGHT BACK THEN........"NO ONE CARED ABOUT THE DEFICIT BECAUSE IT WAS 1/3 OF WHAT IT IS NOW.....UNDER THE ....."RUBBER CHECK" DEMOCRATS AND THE MANCHURIAN CANDIDATE.
Accuracy posted at 8:00 am on Sat, Jul 30, 2011.
Miss those good ol' days?
Back in the days – when the early stages of the real estate started taking shape and real estate prices were soaring, which helped the stock market.
But after President Obama’s election – when Obama, Sen. Harry Reid, Rep. Nancy Pelosi, and all the Liberals in Congress teamed up – the true scope of the devastation became crystal clear, the stock market collapsed, the credit markets dried up, banks melted down, and unemployment increase dramatically.
Dale Whiting posted at 1:45 pm on Sat, Jul 30, 2011.
Me, too Eddie. I was a student of Reaganomics, raised in the classroom of his first economics advisor. I argued against Reaganomics, the notion that cutting taxes is the best way to improve the economy. Sure, if taxes are too high, then government needs to back off and taxes need to be lowered. But now when taxes are cut, the money saved from the jaws of government spending does not float boats in our harbor. The safe harbor for investing in new manufacturing jobs is in China.
We need to reform not only government, but also our entire economy. Our investment in the Internet was a good idea. But China is far ahead of us with High speed Internet, with alternative forms of energy production, etc. Even the Germans lead us in solar power technology. What are we good at anymore? Computer games might lead a very short list.
onerebel posted at 11:58 am on Sun, Jul 31, 2011.
It you believe spending like crazy is the good old days you should be in heaven now. If we as Americans have learned anything from what's taken place in the last few years it should be that our representatives are not representing us. They do not care what's good for America it's what their party or special interest group wants. It's time to take out the trash, ON BOTH SIDES !!