You don't seriously think this is good Right Wing ammunition do you? The article clearly states the reasons for this.

"Those records reflect a long-term trend accelerated by the recession and the federal stimulus program to counteract the downturn."

Also let me point out that there was neither Social Security nor any other social programs that this could be compared to during the Great Depression.

So, although I know this makes you feel all warm and fuzzy inside, it does not influence my thinking at all. This, as stated, was a long term thing which was accelerated by the recession your fine President created. Thank you very much.

I blame Bush initially.  After all, Mr. Blowjob gave him a clean slate as far as deficit goes.

Remember as well, who pushed the initial bailout.... remember or are you going to pretend W. didn't do that?

With that said, I am not pleased with the continuation of Bushes policies by the Obama admin.  I would like to see us reel in the military spending (for fuck sakes what do we do with all of this crap!?) and cut the corporate welfare out.

phreddy wrote:

It does not make me feel warm and fuzzy.  It makes me sick to my stomach.  And eventually you and Obama are going to have to stop blaming Bush and accept responsibility for borrowing against our childrens' futures.

BWAHAHAHAHA!

The right swindled everyone's children out of a future long ago. And they are getting ready to ride in on the backs of Tea Partiers like you to  take the crumbs they left behind.

Last edited by Johnny_Rotten (2010-05-25 16:01:46)

fnord wrote:

The stimulus is an incredibly unpleasant but necessary remedy for a situation that should never have been allowed to develop in the first place.  There are times when one has no choice but to do things you don’t want to do because there are no other options.  Had the economy not become constipated with massive amounts of speculative shit, the bailout Tabasco Sauce enema wouldn't have been needed to begin the process of restoring it to health.

Fnord, I agree with just about everything you say.  I don't, however, believe we needed the Tobasco enema, especially since it was never really applied to remedy the economic shitlog.  It was stuffed full of sugar treats for Obama's creditors and supporters.  That was bad enough and we could even chalk that up to politics as usual.  Unfortunately, this fucker and his drones in Congress just won't let up.  As we speak they are pushing through another quarter $ trillion in buyoffs.  Meanwhile, the only jobs created are in government, where their wages are now the obligation of working people and of future generations.

Fled, below are some facts from the story along with a quote from a liberal policy group which tells us all we need to know about the motives behind Obama's fiscal policies.  Although the "economist" quoted claims that private incomes will eventually grow, we all know that government jobs never shrink.  You do realize that taxes paid on private wages is what pays government wages, don't you?  When private industry can no longer support government growth, we become Greece.

• Private wages. A record-low 41.9% of the nation's personal income came from private wages and salaries in the first quarter, down from 44.6% when the recession began in December 2007.

•Government benefits. Individuals got 17.9% of their income from government programs in the first quarter, up from 14.2% when the recession started. Programs for the elderly, the poor and the unemployed all grew in cost and importance. An additional 9.8% of personal income was paid as wages to government employees.

The shift in income shows that the federal government's stimulus efforts have been effective, says Paul Van de Water, an economist at the liberal Center on Budget and Policy Priorities.

Fled.  Stop and think for a moment.  You cannot support government jobs on the taxes paid on government wages. The reason Greece has low productivity is mainly because not enough of its citizens are working in private industry.  There are a number of reasons for this, but that's the bottom line.  Although governments like to measure the "productivity" it their workers, governments really don't produce anything.

phreddy wrote:

Fled.  Stop and think for a moment.  You cannot support government jobs on the taxes paid on government wages. The reason Greece has low productivity is mainly because not enough of its citizens are working in private industry.  There are a number of reasons for this, but that's the bottom line.  Although governments like to measure the "productivity" it their workers, governments really don't produce anything.

Government jobs are not the source of our ills, nor has the government gone on a hiring spree; the source of our ills was the repeal of market regulations, two rounds of stimulus by GWB prior to the meltdown and a complete and utter sellout by both parties to corporate America.

Phreddy - your true issue is your failure to admit that you know that both parties are the same beast.

phreddy: Thank you for labeling the thread.