Originally Posted by gastroboy
Current government annual deficit (before the current crisis) over $1,000,000,000,000. ("Big Spending" Clinton left the US government in surplus before "Small Spending" Bush took over).
The US Govt. financial surplus when Clinton left office was provided by two things: taxes on the explosive popularization of this little phenomenon called the World Wide Web in the mid-90s, and the largest slashing of US military forces and spending since the second World War. Tens of thousands of servicemen and women were suddenly unemployed, and weapons and material support programs were canceled, resulting in a significant downward spiral in employment in the aerospace industries and the communities where they were located. The reduced-size military of today (that the Dems bemoan can't do the job) was a direct result of Carter and Clinton's stupid rush to cut military strength to fund socialist programs even while terrorists were holding Americans hostage, repeatedly bombing US military bases, warships, and embassies around the world, and bombed the World Trade Center twice.
The web growth of the 90s saw billions of dollars of investment in the IT industry as technology start-ups like Netscape, Amazon, etc. were born. Corporations large and small threw money by the handfuls at vendors to get into the game. Clicks were going to replace bricks in 3 years, they all said in 1995. Millionaires emerged overnight. And taxes on profits and salaries are what created a surplus, not anything the President did.
You praise Clinton for a "surplus" he had very little to do with other than reducing America's security to the point where terrorists could fly airliners into New York City skyscrapers and the Pentagon.
Originally Posted by gastroboy
Current proposed 1 time bank bailout, ignoring previous bailouts, $2,300 per man woman and child in the USA.
You call me a "bankrupt" American, but I can write a $2,300 check today for my part, and consider it a cheap price to pay to live in the USA. (I'll write a second check for your part if you'll leave, and still consider it a bargain.)
Originally Posted by gastroboy (entrepreneurship and innovation)
unlike anywhere else in the world? Yeah right, looked at China lately?
Yeah, China is exactly the kind of role model I'd expect you to think the planet needs. A socialist government that promised for years to take care of the citizenry it rapes daily. Tens of thousands of infants and children critically ill from being poisoned by dairy industry "entrepreneurs" while the government looks the other way. Rural village farm property sold to corrupt factory owners without ever paying the people who own the land, who are jailed if they protest. Pollution so bad they wouldn't let citizens drive in Beijing for a month before the Olympics, and yet a coal-fired power plant lacking modern pollution control technology is built in China every week. Internet access and free speech controlled through imprisonment and intimidation. Nearly half the "corporations" that exist in China are owned by and pay for the Red Army, the largest standing army on the planet. Young women work in factories 12 hours a day for pennies per hour and then must retire to a company "barracks" behind the plant where they are forced to live.
Yes, sir -- you sure know how to pick your examples of what America needs to be more like.