austerity is the answer

[BA Deere]

Alright, first let me put to rest once and for all the out right LIE that "George Bush inherited a robust economy from Clinton" http://en.wikipedia.org/wiki/Dot-com_bubble  See, the Dot com bubble ended in the year of our Lord 2000, now Bush took office at the end of January 2001 ..then because Clinton let Bin Laden go 7 short months into Bush`s first term 9/11 hit which put the final nail in any thought of a recovery at that time. If anything considering the crappy hand that Bush was dealt it is nothing short of a miracle that we didn`t end up in another Great depression!   Okay on to "austerity" I want workers to be 1. employed  2. And made good living wages.  You don`t do that with "stimulus" :   of hiring firemen to put out non-existant fires, hire cops to fight non-existant crime, hire 1 teacher for each 8 kids...in short "don`t hire people to break glass windows just to hire people to fix broken glass windows" that is a short cut to the poor farm.  My Dodge pickup was assembled in Mexico....WHY?????  That`s the dumbest ass thing I`ve ever heard, that is more unemployment for American people that actually would be creating something usefull instead of flipping a slime-burger.    And don`t get me started on this "terrorism crap" what a damned waste of money  http://www.cbsnews.com/8301-201_162-57424900/fbi-nabs-5-in-alleged-plot-to-blow-up-ohio-bridge/    These 5 damned fools couldn`t pour piss out of a boot if the instructions were written on the heel.  Obviously some FBI man set these clowns up to justify more money, more agents, more loss of Constitutional rights.

[kraft-t]

Are you saying that you will make the economy better with an austere policy. Is more people out of work the solution for our financial woes?

All I get is that present strategy isn't working even though it is at a slow pace. But you are advocating making the unemployment worse, not better and if you thing that is going to balance our budget, you are wrong.

[kraft-t]

You bought as mexican truck while giving me crap for getting my teeth fixed in Mexico?

Bush inherited a budget surplus and pissed it all away on tax cuts that were going to create jobs and didn't. 9/11 did happen on Bush's watch and he responded by invading Afghanistan and vowed to get Bin ladin and El Queda.

After a short time he decided to redirect our focus and forces into Iraq. Now we are in  two wars at one time. the Clinton surplus is gone and they coninue even more tax cuts.

The government create works projects has to be done because private industry won't do it They are too busy making money on wallstreet and creating jobs overseas.  You cannot inc3entivise job creation here unless you reward job production here. Just cutting taxes will relieve their tax burden but that wont encourage them to buy american. They will still import goods from around the world and leave americans unemployed.

[kraft-t]

WEE have been doing that for a decdade or more. They take the tax cuts and send the jobs overseas anyway. Your strategy doesn't work. period!

That is the problem of trying to incentivise peoples behavior with the tax code. You simply get unintended consequences, And that is what the Bush tax cuts delivered. High deficits and little job creation at home.

[Samnospam]

Listen for a change. There is no slow recovery. Austerity will eventually be forced upon us, there will be no choice. The only choice is how big of a hole you wish to dig before then, so again how much?

[kraft-t]

We raise taxes to supplement our budget and use stimulative measures to create jobs repair infrastructure and hope the gains gravitate throughout society. Slashing the busdget will not restor jobs, nor create jobs nor produce a balanced budget. It will have an opposite effect rather than balancing the bidget.

That is what Krugman is telling you and you fail to listen. Would you rather have more public debt with out new roads and bridges that are sorely needed? That is what you are advocating!

[r3020]

Raising taxes will not created one job. That money will be removed from the private sector thus lowering economic activities and the amount of money being taxed.

[bruce MN]

has a link to this conservative site at his blog:

http://www.thedailybeast.com/articles/2012/05/01/ron-paul-krugman.html#_=1335990989251&id=twitter-wi...

[gough whitlam]

If anything considering the crappy hand that Bush was dealt it is nothing short of a miracle that we didn`t end up in another Great depression!       ---  Don't quote me on this but if my memory serves me correctly, Bush inherited a 1.8 trillion debt.  He immediately commenced the massive tax cuts for his buddies and that added another $1.9 to the debt.  From there it was all down hill when 9/11 hit.   So I remind you it was Bush who melted the plastic with your debt, NOT Obama as you all wish to think.

[BA Deere]

The DAY Jan 20th, 2001 that George Herbert Walker Bush took office the national debt of the United states of America was $5.7 TRILLION.  Eight years later when George Herbert Walker Bush left office in Jan of 2009 the national debt of the United States of America was $10.6 TRILLION.  George Herbert Walker Bush ADDED $5.1 TRILLION to the national debt of the United States of America.  Today Barack Hussein Obama HAS ADDED $5.1 TRILLION to the national debt of the United States of America which is currently $15.7 TRILLION ...Barack Hussein Obama has added the exact to the penny amount of debt in 38 months that it took George Herbert Walker Bush 8 YEARS to do!!!!!!!!!!!!!!!!!!!!! And by the way Gough Whitlam, neither you nor Donald Sylvester Kraft addressed the fact that Bush inherited a sour economy from William Jefferson Clinton.