(06-29-2015 10:26 PM)Ole Blue Wrote: Leave it to the right-wingers to believe that the leftists want to rule the world and cause our economies to collapse. Geez. Dose of reality incoming - no one is saying to get rid of the capitalist system. We're stuck with massive debts left by bad decisions by the prior governments (which have been austerity measure lovers) and now, oh dang, it's the leftists fault. We saw the same thing in the USA under FDR and after Bush's economic collapse when Obama came into power. Better go ahead and burn your worthless dollars now...
*blows whistle*
Personal foul. Excessive ignorance. That'll be a 15 yard penalty, replay the post.
The "Obama" collapse you mention hit the back end of Bush's term as well. TARP happened under Dubya. That collapse was due ENTIRELY to liberal housing policy exacerbated by the Fed.
The current financial issues hanging from the neck of the US government like a chained sea anchor being carried by a swimmer atop the Marianas Trench are, in order of disasterousness:
1) Medicare [LBJ (D), Dubya ® for Part D]
2) Medicaid [LBJ (D)]
3) Social Security [FDR (D)]
4) War Debt [FDR (D), Truman (D), JFK (D), LBJ (D), Reagan ®, GHWB ®, Clinton (D), Dubya ®, Obama (D)]
5) Empirical Military Philosophy [Woodrow Wilson (D) started it ... largely carried forth since]
I'm no fan of the litany of GOP loser Presidents we've had, but the ONLY Presidents since reconstruction to even make a MODEST attempt to reign in spending, much less ACTUALLY PUT IN PLACE AUSTERITY MEASURES, would be: Coolidge ®, Harding ®, Ike ® ... he doesn't have a cutter's reputation, but he single handedly avoided several international conflicts and wars by throwing his weight around (Suez Canal anyone?) and the expenses for the birth of the Interstate System are more than forgivable... if anything that has economically paid for itself and then some.
It's a big pile of hot garbage outside those three. But team D holds most of the catastrophic Presidencies since Reconstruction: Wilson (D), FDR (D), Truman (D), LBJ (D), Dubya ®, Obama (D)