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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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I think Bush was wrong and Obama is three times as wrong as Bush was.
"Beam Me Up Scotty" wrote in message ... Too_Many_Tools wrote: On Sep 9, 1:24 pm, Beam Me Up Scotty Then-Destroy-Everyth...@Talk-n- dog.com wrote: Too_Many_Tools wrote: On Sep 9, 9:49 am, Beam Me Up Scotty Then-Destroy-Everyth...@Talk-n- dog.com wrote: Too_Many_Tools wrote: I believe in a balanced budget. Obama is having to spend because of Bush's mismanagement. Clinton left Bush a surplus...Bush left Obama a TRILLION dollar deficit. TMT How big a deficit will Obama be leaving? I do not know...do you? http://blog.heritage.org/wp-content/...amabudget1.jpg Whatever it will be, it would have been MUCH SMALLER IF ANY if George Bush had not left a TRILLION dollar deficit and an economy headed straight for a depression. A little detail the wingers try hard to avoid noticing. TMT So you are saying Obama isn't fixing it, he is only riding the wave.... That is not what I said. Reread what I wrote. While we are waiting, please tell us why Bush destroyed the economy and left us holding a TRILLION dollar deficit. Wingers never want to talk about the bills that they caused. TMT Why did Obama triple that deficit? He Obviously thought Bush was going in the right direction.... I think Bush was wrong and Obama is three times as wrong as Bush was. He tripled the deficit because there is no other way to get the economy going again, as economists from both sides of the aisle will confirm. McCain's economic advisor during the election said that McCain would have had to do the same thing. Bush was right to sign off on the stimulus. If he hadn't, there would be no source of mortgage or consumer credit right now. He realized too late what was necessary. Or, rather, his conservative economic advisors did. For the alternative, see Japan, 1990s. Their real unemployment right now is in the neighborhood of 25%, but the real story is that they've gone from being a country of full, lifetime employment to one in which 33% are now temporary contract workers. Stimulus spending is always too little, too late. Likewise, this time. But the alternative is "Hello, Herbert Hoover..." Like GW Bush, he finally caught on at the end of his administration, but he'd already blown it. -- Ed Huntress |
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