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The Water Cooler
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The U.S. Govenment is Conducting a Ponzi Scheme
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<blockquote data-quote="Glocktogo" data-source="post: 2671180" data-attributes="member: 1132"><p>So if everything is turning up roses under Obama as you say, that should mean that tax revenues should be more than enough to offset spending, right? <img src="/images/smilies/rolleyes2.gif" class="smilie" loading="lazy" alt=":rolleyes2" title="Rolleyes2 :rolleyes2" data-shortname=":rolleyes2" /></p><p></p><p>So let's see what Reagan did with his defecit spending? The fall of communism and the Soviet Union? Check.</p><p></p><p>How about Bush? The GWOT and a significant reduction in Islamic based hostilities globally? Check.</p><p></p><p>Now how about Obama? Let's see, we got Cash for Clunkers which took affordable used cars for the poor off the market. Check. Billions of dollars in green energy, evaporated? Check. The resurgence of Russia as a global power, The whole "Arab Spring" that fizzled and a nearly uncheked level of aggression by Islamic militants? Check.</p><p></p><p>Bush was not a good president. Obama is orders of magnitude worse. All politicians are bad anymore, you just have to assign levels of severity to their crimes. </p><p></p><p>One wonders what the punishments for them will be when the tribunals are held after the fall of the Republic. <img src="/images/smilies/frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></p></blockquote><p></p>
[QUOTE="Glocktogo, post: 2671180, member: 1132"] So if everything is turning up roses under Obama as you say, that should mean that tax revenues should be more than enough to offset spending, right? :rolleyes2 So let's see what Reagan did with his defecit spending? The fall of communism and the Soviet Union? Check. How about Bush? The GWOT and a significant reduction in Islamic based hostilities globally? Check. Now how about Obama? Let's see, we got Cash for Clunkers which took affordable used cars for the poor off the market. Check. Billions of dollars in green energy, evaporated? Check. The resurgence of Russia as a global power, The whole "Arab Spring" that fizzled and a nearly uncheked level of aggression by Islamic militants? Check. Bush was not a good president. Obama is orders of magnitude worse. All politicians are bad anymore, you just have to assign levels of severity to their crimes. One wonders what the punishments for them will be when the tribunals are held after the fall of the Republic. :( [/QUOTE]
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