Tweet
Originally posted by DanS
Come on guys. This is a thread about Australia.
Come on guys. This is a thread about Australia.
-
Seems to be about govt budgets too.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
Not true. The truth, according to the CATO institute, is that Reagan cut spending on the non defense budget by 13.5% so he got the cuts he wanted, but, the problem is Reagan spent like a crack addict on his pet projects like defense. Over all he averaged a 7% increase in spending each year and the final approved budget averaged just 2.8% higher then Reagan's original requests. Much of that extra 2.8% was from supplimental bills which Reagan himself requested.Originally posted by JohnT
That is not at all true, Oerdin. The fact is that he tried to cut government spending, but didn't get it done because of Democratic opposition.
Republicans have constructed two big myths when it comes to Reagan. One that Reagan ever actually decreased spending and two that evil Democrats were to blam for Reagans mountains of debt. Reagan increased spending at a large rate and got almost entirely what he asked for in the budget including massive tax cuts for the wealthy. But of course some how Democrats are to blame for Reagan's poor policies.
Last edited by Dinner; May 12, 2005, 10:50.Try http://wordforge.net/index.php for discussion and debate.Comment
-
Isn't there already a thread about Reagan? Why don't y'all continue your discussion there?I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
Okay, now back to Oz!
I wanna live in Sydney! Maybe Queensland. It's a toss between a real city and warm oceans. Not a big fan of sharing my ocean with great whites.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
As stupid as Reagan was about economics the increased spending and the tax cuts helped the economy considerably. So who cares?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
-
Incrasing spending while cutting taxes and running up debt is bad policy that's why people should care. We got luck and the high tech boom provided unpresidented economic growth. Even so it still took 12 years of sound government policy (by Bush Sr and Clinton) to undo the financial damage Reagan did to the nation's finances. Bush wiped out 12 years of good policy in just 4 years of out of control spending and reckless give aways to the richest of the rich.
Thus when people say Howard is like Reagan I must take exception because Howard is more of a Blair or Clinton type leader who cut taxs responsibly, balances budgets, and controls spending. Reagan was the opposite of that.Try http://wordforge.net/index.php for discussion and debate.Comment
-
Again, we don't know that Howard controlled spending. You're just assuming that. Also, when times were flush (2000 for the 2001 fiscal year), Clinton and the GOP congress were big, big spenders. That was a problem, which I wonder whether Australia is avoiding.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
Maybe instead of cutting taxes, Oz should be stockpiling money for the inevitable decline.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
I think Che just doesn't want to live in a republic anymore. He is becoming a monarchist, and so wants to go live under the just reign of Her Majesty The Queen."I'm moving to the Left" - Lancer
"I imagine the neighbors on your right are estatic." - SlowwhandComment
-
More would be done to hold off any decline and make Australia better off in the long run by putting the money back into the economy where it can be invested/spent on Australian goods.Originally posted by chegitz guevara
Maybe instead of cutting taxes, Oz should be stockpiling money for the inevitable decline."I'm moving to the Left" - Lancer
"I imagine the neighbors on your right are estatic." - SlowwhandComment
-
Sitting an a cash hoard like that might make them targets for a takeover.Originally posted by chegitz guevara
Maybe instead of cutting taxes, Oz should be stockpiling money for the inevitable decline.
Comment
-
Declines can't be avoided indefinately. Sooner or later, the system stumbles. If you save for the lean times, they aren't so lean.Originally posted by Shi Huangdi
More would be done to hold off any declineChristianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
Money that the government sits on doesn't do anything. Money that is invested grows the economy, and widens the tax base over the long run."I'm moving to the Left" - Lancer
"I imagine the neighbors on your right are estatic." - SlowwhandComment
-
Yes, but it won't be available when the decline comes.Last edited by chequita guevara; May 12, 2005, 14:13.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
a decline from a larger base still ends up with a larger number than a decline from a smaller base that is cushioned with a reserve“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of ManComment
Comment