If you want to blame Reagan, it is a free country. Just make sure you include his drinking buddy, Tip O'Neill, in there with him.
And don't forget after Bush II blew it up, Notzy Pelosi came along.................
News Article: Obama Outperforms Reagan On Jobs, Growth And Investing
- Thread starter crimsonaudio
- Start date
And don't forget after Bush II blew it up, Notzy Pelosi came along.................
From everything I have ever read (and I am certain someone will provide data to prove all I have read is wrong) about SS, if all of the money collected had been left untouched by Congress and been paid out like it was supposed to be, this wouldn't even be a topic for discussion. Oh, yeah, that's right; we can't expect Congress to ever do the right thing, so it was a short-sighted endeavor from the jump.
I don't think he is just talking about SS. But I suspect you are right.
There is no pot of money safe from congress whether it is already collected, available to be borrowed, not taxed yet, or not taxed as much as they think they can.
I'm sure we would disagree on the particulars, but I see room in your argument for some consensus. I would trace our spending addiction back to FDR, but RR's spending philosophies ran counter to my grain as well. I had and have a favorable opinion of RR in general (this is where we would probably disagree), but his deficits and his drug war were the two primary areas where I could not reconcile my beliefs with his. Needless to say, the current administration's approach to spending is even further out in the weeds from my perspective.
What I find most interesting about these discussions is how both sides will point to things their guy did in office in order to explain why the next guy shouldn't get credit. It's hilarious how the two sides will take the exact same situation and express why their guy in office deserves credit / doesn't deserve blame because the foundation for said success / failure was laid by the previous administration (or the last time the other team had a guy in office)...
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Who feels better today about the direction of our country today -- than they did in 1986........6 years into each "regime" -- ??
Yup. That happens all the time. Sometimes fairly sometimes not.
Thing is: like BiB said, it is funny how much people put stock in the "it's the economy stupid!" stuff. It is true that the President has little control over our spending habits, whether private enterprise hires, fires, builds, waits to build or scales back. Government overall can scare people and business into a hoarding mentality or make them feel more secure and thus spend, but I don't think the President has as the effect we assume when rewarding or punishing him.
That is one reason why I am so fiscally conservative. Sure there are times we as a people need to allow our taxes to stimulate the economy and sectors of the economy, but I believe that is a rare thing. IMO government should be spending to create a safe and better environment for private enterprise to thrive, not running things that should be private. I THINK that is something Reagan understood that Obama does not.
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