Good economic times aren't synomous with surplus. Thats all I'm saying.

I mainly wanted to point out that the picture posted should be attributed to political party.

Skatty,

Problem with GDP is it only measures output and fails to measue depleation of resources. Both renewable and non-renewable. Doesnt really give you an accurate picture of the overall economy.

Norman, I totally agree with you. My appologies on an incomeplete answer. Even so, I was just pointing out that the picture isn't representative of the economy.

Thanks for keeping me on my toes.

Yeah, the pic. isn't accurate. The Reagan-Bush deficit was much, much greater. But your point is made. I may make more snide comments from time to time. However I am willing to concede that judgement should be reserved on this until the end of the next democratic administration. Can't really compare until then. Or until the republicans balance the budget. If that happens it'll be cool!

Hmmm. Wasn't there a Republican controlled congress during the Klinton presidency?

It's not difficult to fathom what kind of person Rickmaven is. He idolizes Bill Klinton, one the slimiest, sleaziest, and morally corrupt presidents ever.

Guys I am here..
Yes I dropped the this picture here, and I'm just sitten back reading everyones views.. Thats what makes USA GREAT!!! we all have our own views...
Some people are more vocal about there own opinions then others..

BTW here is the link I got the picture from...
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030204/pl_nm/economy_states_dc_3 

Hugh, the Presidents administration submits the budget to Congress. They approve or disapprove. They disapproved plenty! That's why the Gov. was shut down a couple times.

Hmm Hmmm
Note:A Republican controlled Congress and to a lesser extent Senate(less time in power)during Bill Clinton's term kept some of the spending in check.Do not expect this if Democrats take back everything.
Also the economy was doing well for many reasons during the Clinton era ;one major benefit was the computer boom and the internet.Alot of foolish speculation ,overinflated stocks, 9/11 etc... caused things to calm down a bit.Added to that Bush must now spend extra money to protect our great nation etc...
Q
Besides Clinton would have tanked the budget if he was able to pass one item Socializing Medical coverage.Overall Clinton did not too badly but so many other factors played a role then as now.

The so-called two-party system is a joke. They throw away billions of dollars in aid to countries that don't even like us and have no intention of repaying us, on frivolous departments and committees, on esoteric space exploration that produces little or nothing to benefit the public, not to mention the millions on their own salaries and perks, including a nice fat raise for themselves while the rest economy goes down the toilet, and it doesn't matter which party is in power--it just gets worse every year. I've had it. I'm voting Libertarian from now on. I don't see how a history teacher or janitor could do any worse than the band of crooks and idiots we've had in office for the last 60 years or so.

EI

get real.

Ha! Rick telling anybody in the real world to get real?

If you wan that red line to turn blue all we need is a little tax increase on everyone and everything. We could maintain a permanent surplus. Personally, I prefer to keep my own money. So I can send it to CBid.

I love it when morons like Doug drag this crap out... Doug? Can you tell me what Bill Clinton did that made the economy shoot up so high? Or was it just that we were all warm a cozy knowing he had an intern between his legs? Anybody with half a brain understands the following;

1. The economy is "cyclical" it undulates up and down. So every 5 to 10 years it's up, and then it's down. There are a number of factors at work that contribute to this.

2. It's not a zero sum game. In other words, if you actually give people a tax cut (yes, that means people who actually pay taxes "the evil rich"...), they typically spend and invest this money which fuels the economy and actually brings in more money. Ronaldus Magnus proved this in the 80s, unfortunately, the democrat congress spent the money like a drunken sailor in port...

Sorry, I know it was an ad-homonym attack… I COULDN’T HELP MYSELF! THE REPUBLICANS MADE ME DO IT!!

also, I have to give "some" credit to the dems. I mean after all, Gore invented the Internet. Without his wonderful invention, we would not have this forum 🙂

Robby you started your post with a personal attack by calling Doug a moron. That kind of invalidates your point. Basically, you are saying that because you are so intellectually superior to Doug, we should all agree with what you say. It's all been brought up before in this thread. Read it carefully. Yes Cinton is certainly no shining moral example. But even with a congress fighting him tooth and nail and people doing their level best to get him out of office, his administration balanced the budget. For the first time in 30 years. I think his was the first administration that really tried. And that is my real question. Does the Bush administration really care that there is a deficit and will they even TRY to provide a balanced budget. At this point I would say no. If he gets a second term he should relly do it. Wouldn't you all say so? Robby, I like your humidor!

hehehe his administration balanced the budget? Do you think for one second if they had a dem congress, they would have balanced the fudget? If I recall correctly, that was a plank in the contract with America (remember Newt? 🙂 The Executive branch was drug kicking and screaming in to this. In fact, by their own estimations, they projected defecites far in to the next century...

I think the GOP cares about the deficit, but there's a time and a place to run one. (Keynesian economics) Government Spending can help stimulate the economy. It's like jump-starting a car. My battery post is tingling just thinking about it.

But I agree, if things continue to suck really bad, then he'll be voted out rightly or wrongly. I hope for the country, things improve dramatically... Again, sorry for the invective, I get emotional about this stuff. JACKA$$! Oh damn there goes that Tou·rette's again! (just kidding) A$$HOLE!! 🙂 “Seriously” just kidding 😉

I just want to know if Hugh Jass is really J-Lo....L-MY-hughjass-off!