samhill wrote:Dan, I certainly don`t agree with everything B.O. has done but I never did with any Pres., he was handed a mess, I don`t know if he stopped a depression or merely slowed us down but something had to be done. Like cokehead said theres no use in arguing who did what, in my mind they are just about one & the same. What has to be done now is fiscal responsibility in all forms of Gov. from Fed. on down to municipal & I don`t see that coming, like they say you can`t teach an old dog new tricks & for the most part what we have is a bunch of flee infested old mutts that all believe they have a pedigree.
samhill wrote:I can`t really say anything about that type of health account, not ever having one, but just because its gone & taking your word for that you get that money, its not a tax. .
samhill wrote:If that $5,ooo goes toward whatever new Ins. planyou choose wouldn`t once again not be taxed, don`t know just asking, it would be something to investigate. I do recall my wife having some type of a health account rider that she had but at the end of the year if she didn`t use it all she lost what was left.
jpete wrote:It's not about who did what or who did the most damage. It's about how the current guy is going to fix the mess.
Isn't that the job he was hired to do? I haven't seen him do anything except repeat the mistakes of the last administration.
samhill wrote:I don`t believe that there is a quick fix, it will get worse before it gets better. They have to make cuts where ever they can & even for small amounts, pulling in a lot of our troops from around the globe, reducing NATO spending, letting Iraq fend for itself a lot sooner, so we can stop paying the contractors for fixing other countries, reducing welfare payments, put a tax on lobbying that in itself would be a big one & rescind any & all recent pay raises to all Gov. employees. Tighten the borders & ship out any illegals found. Thats just for starters they will always need to spend but spend for our needs rather than that of others.
samhill wrote:I`ll put my 2 cents in for you Lisa since I`ve been labeled a Lib anyway, don`t know where everyone else has been but I have a news flash. The country has been deficit spending for many decades, it did not just happen.
gerard wrote:samhill wrote:I`ll put my 2 cents in for you Lisa since I`ve been labeled a Lib anyway, don`t know where everyone else has been but I have a news flash. The country has been deficit spending for many decades, it did not just happen.
There's nothing INHERENTLY wrong with deficit spending. It's the PERCENT of deficit spending over GDP that's the problem. Many people have debt (mortgage etc) and they function fine as long as the income keeps coming in AND they don't owe too much in relation to their income. The problem we are NOW in is the debt is going up at a faster pace than the income and GDP. The ONLY way out (and they will do this), is raise interest rates, keep printing money (selling T bills and bonds), and devalue our currency (also known as inflation) so they can pay the debt off with "cheaper" money. We are going back to the Jimmy Carter era of high interest rates and stagflation. And the fact that some of you think "this time will be different" actually boggles my mind..............