Colin Powell endorses Barack Obama

[asleepathewheel]

Originally posted by Naked Gents Rut
3. Gridlock is the surest way to keep government spending down. I hope America never has a GOP President/GOP Congress or Dem President/Dem Congress again. It was a fiscal disaster under Bush and will be a fiscal disaster under Obama.

I agree with this. A Pelosi free from the threat of veto is terrifying.

[Arrian]

I find it amusing that people still think of the Republicans as responsible fiscal stewards.

Having said that, I agree it's best to have power split up, and so I am a tad worried about the coming Dem/Dem/Dem situation. Still, I prefer Obama to McCain enough to outweigh that concern.

-Arrian

[GePap]

I don't get the crap about divided government - Reagan had a Democratic congress, and the debt still ballooned, because his administration upped spending and cut taxes. FDR set up the New Deal with a huge Democratic majority, but he was still bringing in fiscally conservative budgets.

[Imran Siddiqui]

FDR set up the New Deal with a huge Democratic majority, but he was still bringing in fiscally conservative budgets.

[Arrian]

Maybe the first one... which was afterwards viewed as a mistake...

-Arrian

[Naked Gents Rut]

Reagan had a Democratic congress, and the debt still ballooned, because his administration upped spending and cut taxes.

The President of the U.S. can neither increase spending nor cut taxes.

[Whoha]

Originally posted by GePap
I don't get the crap about divided government - Reagan had a Democratic congress, and the debt still ballooned, because his administration upped spending and cut taxes.

To be fair the Democrats were terrified of Reagan at the time.

And divided government would only be a good thing if there weren't serious problems that needed to be addressed. Obama, or McCain for that matter will need the power to effectively address these issues.

Originally posted by Imran Siddiqui

FDR set up the New Deal with a huge Democratic majority, but he was still bringing in fiscally conservative budgets.

He might be refering to how the Republicans controlled the Supreme court and used it to fight additional spending for a while

[Unimatrix11]

Originally posted by Naked Gents Rut


The President of the U.S. can neither increase spending nor cut taxes.

Yeah, yeah - and neither can he declare war...

[Naked Gents Rut]

That's a different issue, as Congress seems willing to surrender de facto warmaking powers to the executive branch. They still maintain firm control over appropriations and taxation, however.

[Unimatrix11]

So war is gratis now ?

[dannubis]

Originally posted by Unimatrix11
... gratis ...

I fully expect this thread to be flooded by Dutch people now...

[Kidlicious]

Originally posted by Whoha
He might be refering to how the Republicans controlled the Supreme court and used it to fight additional spending for a while

In context, FDR's budgets were incredibly conservative.

[Imran Siddiqui]

In context to who?

[Kidlicious]

Originally posted by Imran Siddiqui
In context to who?

Not to who, to what, the Great Depression. There would have naturally been deficits even if he would have done nothing.

[GePap]

Originally posted by Naked Gents Rut


The President of the U.S. can neither increase spending nor cut taxes.

And therefore having John McCain as president won't mean **** with a Democratic congress....wait, that isn't your argument, is it???