President Obama's Accomplishments So Far (McCain, salaries, companies, rating)
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That's an interesting argument you have there: The previous administration was fiscally irresponsible so it's OK for this administration to be fiscally reckless. Love your logic.
Except that it's not my argument at all. Let's try this.
Let's say you have a guy (George Bush) who moves into a house one day. The house is in pretty good but not great shape and this guy has tons of money to spend.
Rather than putting money into improving the house or just saving it, he blows all his money on coke on strippers while inviting lots of people to party in and subsequently trash his place. 8 years later and he's on his way when the next guy (Obama) buys the house. By this point, the house is on the verge of being condemned.
At first the new guy is going to have to dump a ****load of money into this house that had been neglected over the years. Unfortunately he doesn't have deep pockets like the last guy so he has to use loans and credit cards to pay for the improvements. In the end he will make most of his investment back by the increased resale value of the home, but unfortunately some of that money is gone forever, yet the new guy is ultimately OK with this as he now has a nice place to live.
That, in a nutshell, is how I see our situation. Obama had to spend a whole bunch of money to keep the economy from failing and get our decaying infrastructure back up to standards while setting us on the correct path for the future.
Except that it's not my argument at all. Let's try this.
Let's say you have a guy (George Bush) who moves into a house one day. The house is in pretty good but not great shape and this guy has tons of money to spend.
Rather than putting money into improving the house or just saving it, he blows all his money on coke on strippers while inviting lots of people to party in and subsequently trash his place. 8 years later and he's on his way when the next guy (Obama) buys the house. By this point, the house is on the verge of being condemned.
At first the new guy is going to have to dump a ****load of money into this house that had been neglected over the years. Unfortunately he doesn't have deep pockets like the last guy so he has to use loans and credit cards to pay for the improvements. In the end he will make most of his investment back by the increased resale value of the home, but unfortunately some of that money is gone forever, yet the new guy is ultimately OK with this as he now has a nice place to live.
That, in a nutshell, is how I see our situation. Obama had to spend a whole bunch of money to keep the economy from failing and get our decaying infrastructure back up to standards while setting us on the correct path for the future.
failed analogy because a house doesnt bring in income.. Lets change it to be accurate.. shall we?
The first guy buys an apartment building, and milks the hell out of it, not putting any money into the building and taking all the profits out and spends them..
The second guy, buys the apartment building, and rather than dumping a ****load of money into it, he dumps it into the neighbors building.
That's an interesting argument you have there: The previous administration was fiscally irresponsible so it's OK for this administration to be fiscally reckless. Love your logic.
Practically every credible economist, not including the crank Austrian school, called for the governmental spending to keep our country out of economic catastrophe. How is that reckless? Looks pretty responsible to me.
Please give me an example of any infrastructure that is now up to standards where it wasn't before? Roads, bridges, sewers..........????
There have been lots of roads that have been improved, or will be improved, by stimulus money. My hometown is one of them.
Federal Money To Fix Omaha Streets - Omaha News Story - KETV Omaha (http://www.ketv.com/news/22469874/detail.html - broken link)
There is also going to be significant money put into light and heavy rail transport as well.
Quote:
And you believe we're now on the correct path for the future? Tell me where that path is, please.
Ok.
- Getting out of the Iraq and Afghanistan wars.
- A realistic energy plan that will reduce our need for petrol (Obama was the only candidate to have this)
- Lower taxes on middle class and small business
- End to many of the civil rights violations brought to us by Bush and Co.
- Rebuilding the previously discussed infrastructure
- Improved foreign relations
That's just off the top of my head too.
Quote:
Originally Posted by pghquest
failed analogy because a house doesnt bring in income.. Lets change it to be accurate.. shall we?
The first guy buys an apartment building, and milks the hell out of it, not putting any money into the building and taking all the profits out and spends them..
The second guy, buys the apartment building, and rather than dumping a ****load of money into it, he dumps it into the neighbors building.
There.. all better now..
Bringing in income wasn't quite the point of my analogy, but since you want to play that game, hell why not make a legitimate attempt instead of acting like the internet's version of Glenn Beck.
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