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Soros: Recession predicted for 2007

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Old Jan 9, 2006 | 03:33 PM
  #16  
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Originally Posted by Imprezastifan88
Hella, how can you argue with that?
-Jeff
Did you actually read my first post in this thread? What did you NOT agree with?

I think we are in for a recession, and it has VERY LITTLE to do with Bush's insane spending and tax cuts! Rather than blaming a single president, it has more to do with a matrix of issues that transcend one stupid politician or party. Do I blame Clinton for popping the stock bubble? No, and I don't blame bush either. Speculation lead to both wealth and financial ruin in that market, and it will happen again in real estate.

I'm not arguing with the fact that Bush is going against CORE CONSERVATIVE values when it comes to spending, and I'm not alone when I say he's doing more damage in that regard than the average democrat president.
On the other hand, I fully support military spending because this is a big bad planet, and I'd rather the U.S. have the biggest gun. I wouldn't mind a tax increase to pay for it, but I'd rather have them cut some of the insane socialistic programs out of our country in-stead. Our country takes in PLENTY of money. We just need to spend it wisely.

Last edited by HellaDumb; Jan 9, 2006 at 03:35 PM.
Old Jan 9, 2006 | 07:16 PM
  #17  
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Are there numbers available as far as how much we take in and how much we spend and on what?

I'd be really interested to see these numbers.
Old Jan 10, 2006 | 08:10 AM
  #18  
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Originally Posted by HellaDumb
Did you actually read my first post in this thread? What did you NOT agree with?

I think we are in for a recession, and it has VERY LITTLE to do with Bush's insane spending and tax cuts! Rather than blaming a single president, it has more to do with a matrix of issues that transcend one stupid politician or party. Do I blame Clinton for popping the stock bubble? No, and I don't blame bush either. Speculation lead to both wealth and financial ruin in that market, and it will happen again in real estate.

I'm not arguing with the fact that Bush is going against CORE CONSERVATIVE values when it comes to spending, and I'm not alone when I say he's doing more damage in that regard than the average democrat president.
On the other hand, I fully support military spending because this is a big bad planet, and I'd rather the U.S. have the biggest gun. I wouldn't mind a tax increase to pay for it, but I'd rather have them cut some of the insane socialistic programs out of our country in-stead. Our country takes in PLENTY of money. We just need to spend it wisely.
Still waiting.....
Old Jan 10, 2006 | 09:36 AM
  #19  
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Originally Posted by jvick125
Are there numbers available as far as how much we take in and how much we spend and on what?

I'd be really interested to see these numbers.
This is an interesting website which you may have already seen. The number shown is for the cost of our war and occupation in Iraq. To date: US has spent 1/4 of a trillion, yes trillion, dollars!

http://nationalpriorities.org/index....per&Itemid=182
Old Jan 10, 2006 | 09:45 AM
  #20  
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Originally Posted by HellaDumb
Rather than blaming a single president, [the economy] has more to do with a matrix of issues that transcend one stupid politician or party.
Very good point.


Originally Posted by HellaDumb
On the other hand, I fully support military spending because this is a big bad planet, and I'd rather the U.S. have the biggest gun. I wouldn't mind a tax increase to pay for it, but I'd rather have them cut some of the insane socialistic programs out of our country in-stead. Our country takes in PLENTY of money. We just need to spend it wisely.
Very bad point. We arent cutting "socialistic programs." We are instead cutting crucial money needed to help at-risk youth (after school programs) and drastically limiting the resources for already negelcted groups such as kids in the foster system. These are to name but a few.
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