What Is The District of Columbia Two-Step?
This nation has been doing huge deficit spending and thusly squandering the future of its young people for over forty years.
It began during the Vietnam War era when President Lyndon B.
Johnson said we could have both guns and butter, meaning we could afford military war spending while creating an enormous amount of social spending.
Ronald Reagan declared we could cut taxes and increase military spending while at the same time cut the deficit.
This proved to be folly, as Presidential candidate George H.
Bush proclaimed Reagan's proposal as "voodoo economics".
The debt grew to over $300 Billion per year for a dozen years.
President George W.
Bush cut taxes for all income levels and created new social programs that resulted in $500 Billion per year deficits.
President George W.
Bush also invoked a war with Iraq that cost mega billions, and for the first time America fought a major war without a tax increase or a reduction in spending to pay for the war.
President Barack Obama has created a new moral low in responsible government spending.
His new social spending projects have driven the deficits to $1.
5 Trillion and he proposes gigantic deficits to last the rest of the decade.
Progressive Socialists proudly spout the term "Keynesian Economics".
Keynesian economics suggest a nation should run large deficits during a recession and then pay back the borrowed money during prosperous times.
The trouble with the Keynesian economic theory is that plenty of politicians are willing to run up large deficits during a recession but there are few politicians willing to pay off the borrowed money during good times.
The United States had a small deficit when President Lyndon B.
Johnson took office and the deficit has grown rapidly over the last forty-five years.
There will be a payback for the gross behavior of the political spending in those decades.
Are we to believe that The United States of America has been in a forty-five year recession? It is time to quit fooling around with our children's future and stop deficit spending.
The European Union recently came close to destruction when Greece was facing bankruptcy.
The United States temporarily helped the International Monetary Fund stop the breakup of the European Union.
The United States used borrowed money to help the International Monetary Fund, which used the money to prop-up Greece.
Progressive Socialists believe we should follow the same bankrupt policies of Greece.
President Obama stated in his January 2011 State of the Union address to Congress and the American people that he wanted to freeze some social program spending and reduce the deficit about $40 Billion per year over a ten-year period of time.
He also stated in that same State of the Union address that he wanted to fund more money for education and build a high-speed transportation system.
The new social programs spending would cost far more than the so-called $40 Billion social programs freeze would save.
This is a typical example of the Washington D.
C.
two-step that has been going on for years.
Washington believes that if you save a billion dollars and then spend five billion dollars that you have cut spending.
Both of the two major parties have been shameful in their gross negligence spending habits.
It is time to stop the madness.
It is time to stop wasting the next generation's future.
It is time to cut spending and stop deficit spending.
What do you think America? It's something for you to ponder over.
It began during the Vietnam War era when President Lyndon B.
Johnson said we could have both guns and butter, meaning we could afford military war spending while creating an enormous amount of social spending.
Ronald Reagan declared we could cut taxes and increase military spending while at the same time cut the deficit.
This proved to be folly, as Presidential candidate George H.
Bush proclaimed Reagan's proposal as "voodoo economics".
The debt grew to over $300 Billion per year for a dozen years.
President George W.
Bush cut taxes for all income levels and created new social programs that resulted in $500 Billion per year deficits.
President George W.
Bush also invoked a war with Iraq that cost mega billions, and for the first time America fought a major war without a tax increase or a reduction in spending to pay for the war.
President Barack Obama has created a new moral low in responsible government spending.
His new social spending projects have driven the deficits to $1.
5 Trillion and he proposes gigantic deficits to last the rest of the decade.
Progressive Socialists proudly spout the term "Keynesian Economics".
Keynesian economics suggest a nation should run large deficits during a recession and then pay back the borrowed money during prosperous times.
The trouble with the Keynesian economic theory is that plenty of politicians are willing to run up large deficits during a recession but there are few politicians willing to pay off the borrowed money during good times.
The United States had a small deficit when President Lyndon B.
Johnson took office and the deficit has grown rapidly over the last forty-five years.
There will be a payback for the gross behavior of the political spending in those decades.
Are we to believe that The United States of America has been in a forty-five year recession? It is time to quit fooling around with our children's future and stop deficit spending.
The European Union recently came close to destruction when Greece was facing bankruptcy.
The United States temporarily helped the International Monetary Fund stop the breakup of the European Union.
The United States used borrowed money to help the International Monetary Fund, which used the money to prop-up Greece.
Progressive Socialists believe we should follow the same bankrupt policies of Greece.
President Obama stated in his January 2011 State of the Union address to Congress and the American people that he wanted to freeze some social program spending and reduce the deficit about $40 Billion per year over a ten-year period of time.
He also stated in that same State of the Union address that he wanted to fund more money for education and build a high-speed transportation system.
The new social programs spending would cost far more than the so-called $40 Billion social programs freeze would save.
This is a typical example of the Washington D.
C.
two-step that has been going on for years.
Washington believes that if you save a billion dollars and then spend five billion dollars that you have cut spending.
Both of the two major parties have been shameful in their gross negligence spending habits.
It is time to stop the madness.
It is time to stop wasting the next generation's future.
It is time to cut spending and stop deficit spending.
What do you think America? It's something for you to ponder over.