What is the Democrats exit strategy in the war on the recession?

[targus]

After putting us nearly a trillion dollars into debt to fight their war on the recession how do the Democrats define victory and what is their exit strategy?

Will the Democrats roll back the increased spending once we have won the war on recession?

Or is the bulk of this increased spending going to continue far into the out years?

How do Democrats plan on repaying all this deficit spending?

I hear alot of talk about how much and how the Democrats want to spend their trillions of dollars... but not a word about how they plan to pay of the debt they are creating.

I hear Obama talking about the recession lasting for years. Is he going into this war with no real strategy other than we have to fight it?

 

[OldRegular]

After putting us nearly a trillion dollars into debt to fight their war on the recession how do the Democrats define victory and what is their exit strategy?

Will the Democrats roll back the increased spending once we have won the war on recession?

Or is the bulk of this increased spending going to continue far into the out years?

How do Democrats plan on repaying all this deficit spending?

I hear alot of talk about how much and how the Democrats want to spend their trillions of dollars... but not a work about how they plan to pay of the debt they are creating.

I hear Obama talking about the recession lasting for years. Is he going into this war with no real strategy other than we have to fight it?

In the Twilight Zone. Where else do democrats reside?

 

[JustChristian]

After putting us nearly a trillion dollars into debt to fight their war on the recession how do the Democrats define victory and what is their exit strategy?

Will the Democrats roll back the increased spending once we have won the war on recession?

Or is the bulk of this increased spending going to continue far into the out years?

How do Democrats plan on repaying all this deficit spending?

I hear alot of talk about how much and how the Democrats want to spend their trillions of dollars... but not a word about how they plan to pay of the debt they are creating.

I hear Obama talking about the recession lasting for years. Is he going into this war with no real strategy other than we have to fight it?

If I remember it correctly the Republicans passed a $750B stimulus package in the waning months of the failed Bush Presidency. Now we find out that Paulson short changed taxpayers by $87B in buying bank assets for more than they are currently worth. Just another Republican FAILURE.

 

[targus]

If I remember it correctly the Republicans passed a $750B stimulus package in the waning months of the failed Bush Presidency. Now we find out that Paulson short changed taxpayers by $87B in buying bank assets for more than they are currently worth. Just another Republican FAILURE.

Off topic. Please address the question or do not participate.

To repeat your own words with a slight modificaton that you said to Dragoon68 just two minutes ago in another thread...

I believe the discussion is about "the Democrats exit strategy for the war on the recession". At least that's what the title of the thread is. You try to turn every topic into an attack on Bush.

 

[donnA]

If I remember it correctly the Republicans passed a $750B stimulus package in the waning months of the failed Bush Presidency. Now we find out that Paulson short changed taxpayers by $87B in buying bank assets for more than they are currently worth. Just another Republican FAILURE.

You seem to have a problem with focusing, you always post off topic, can't seem to stay on topic, to stay focused.

On topic, they're going to pay it back by raising your taxes.

 

[Bro. Curtis]

This is an easy question. The exit strategy is the destruction of the working class.

 

[JustChristian]

You seem to have a problem with focusing, you always post off topic, can't seem to stay on topic, to stay focused.

On topic, they're going to pay it back by raising your taxes.

You can't handle any post that isn't anti-Democrat. That's your problem. You're terrifically biased. Try thinking things through.

 

[OldRegular]

If I remember it correctly the Republicans passed a $750B stimulus package in the waning months of the failed Bush Presidency. Now we find out that Paulson short changed taxpayers by $87B in buying bank assets for more than they are currently worth. Just another Republican FAILURE.

Your memory is faulty. Democrats controlled Congress last year.

 

[OldRegular]

Perhaps they will declare victory and leave the country!

 

[dragonfly]

This is an easy question. The exit strategy is the destruction of the working class.

No, it's the republicans who have almost destroyed the middle class!

 

[Bro. Curtis]

Wrong thread.

 

[LeBuick]

After putting us nearly a trillion dollars into debt to fight their war on the recession how do the Democrats define victory and what is their exit strategy?

When we stop loosing 600K jobs per month and unemployment drops to a reasonable number.

Will the Democrats roll back the increased spending once we have won the war on recession?

Or is the bulk of this increased spending going to continue far into the out years?

How do Democrats plan on repaying all this deficit spending?

I think the logic is if we put people to work we have more payroll taxes to collect and we'll collect more sales tax as the eagle shifts.

I hear alot of talk about how much and how the Democrats want to spend their trillions of dollars... but not a word about how they plan to pay of the debt they are creating.

I hear Obama talking about the recession lasting for years. Is he going into this war with no real strategy other than we have to fight it?

That is right, now is the time to keep the economy from totally tanking so there isn't a lot of emphasis on how we'll pay it back. Of course, we have a lot of CEO's on wall street and stars in Hollywood with more money than they can spend in one lifetime but the GOP doesn't want to raise their taxes. The way I see it, we need to get the money from someone and they seem to be the only ones with it.

The recession will last at minimum two years by every economist calculations the difference is how deep the recession will be and how much more than two years will it last. The theory is we can do nothing and risk a second great depression or we can try and head it off at the pass. I prefer doing something as opposed to nothing.

 

[targus]

When we stop loosing 600K jobs per month and unemployment drops to a reasonable number.

What will be the acceptable unemployment rate before we stop additional spending each year on "stimulus"?

I think the logic is if we put people to work we have more payroll taxes to collect and we'll collect more sales tax as the eagle shifts.

There is no national sales tax.

That is right, now is the time to keep the economy from totally tanking so there isn't a lot of emphasis on how we'll pay it back.

That is my fear. Obama is going to war on the recession at a great cost with no definition of victory and no exit strategy. Just enormous off budget spending with no end in sight.

Of course, we have a lot of CEO's on wall street and stars in Hollywood with more money than they can spend in one lifetime but the GOP doesn't want to raise their taxes. The way I see it, we need to get the money from someone and they seem to be the only ones with it.

Obama has not been talking about rasing taxes on the rich.

He has just been talking about spending.

The recession will last at minimum two years by every economist calculations the difference is how deep the recession will be and how much more than two years will it last. The theory is we can do nothing and risk a second great depression or we can try and head it off at the pass. I prefer doing something as opposed to nothing.

There is also the speculation that like the real depression - massive government spending will only make it worse.

History is not on the side of the big spenders here.

We have tried the massive government spending thing before and it doesn't work - not in our nation's experience or any other nation's experience.

In this case the Obama crowd are trusting hope over experience.

 

[LeBuick]

What will be the acceptable unemployment rate before we stop additional spending each year on "stimulus"?

If for example they decide to spend $20 Billion on roads and bridges. They will spend the whole amount over time. They won't build half a bridge, see things get better so cut the funds for the other half. That was McCain's idea that if we see things change then the spending stops. I would hate to see a bunch of half finished projects.

There is no national sales tax.

Certain products do however the states and local Government are hurting also. Cali is forcing employees to take a day off with no pay. This is far more than just a federal crises, we are hurting at every level. Even the great and rich state of AK is looking for help.

That is my fear. Obama is going to war on the recession at a great cost with no definition of victory and no exit strategy. Just enormous off budget spending with no end in sight.

The end is what is passed in the legislation. It is up to Congress not to pass any more legislation which is why we need the GOP to stop being silly so they can help balance the negotiations. But if $20 Billion passes $20 Billion will be spent.

Obama has not been talking about rasing taxes on the rich.

The GOP is insisting on tax cuts for the rich. Why, it won't increase spending one nickel. There is no rich person not buying anything they want because of a shortage of bucks. The Democrats say they are not hurting and wants to leave them where they are. All of this is based on Obama campaign promise to raise the taxes on those making over $250K by 3%.

He has just been talking about spending.

That is the definition of stimulus.

There is also the speculation that like the real depression - massive government spending will only make it worse.

I've seen those speculation but don't understand how they come to those conclusions. I don't see how we define a depression based on the size of the government debt. The two don't seem to impact each other so I believe it is more conservative scare tactics.

The only way things can get worse is if at the end of the government allocated spending there has been insufficient stimulation to cause the private sector to spend. That is why the size needs to be big. This would mean all those hired because of the government spending will be again laid off and we'll be right back to a recession like we have today. If that happens it will be about 2012 and the Democrats won't get a second chance. The more we spend now the least chance there will be for no stimulation to have occurred somewhere in the spending.

History is not on the side of the big spenders here.

From what I am hearing, this is a unique situation so we have no true historical basis to make this claim. I've heard it where they reference the great depression but economist say this is not the same condition.

In this case the Obama crowd are trusting hope over experience.

Many great things have been done by people with hope and no experience. Our founding fathers had no experience leading a revolution or founding a nation. What they had was a hope and a vision and with God on their side we are free to discuss that vision today. Don't sell hope short, without it there is no faith.

Heb 11:1 Now faith is the substance of things hoped for, the evidence of things not seen.

 

[rbell]

From what I am hearing, this is a unique situation so we have no true historical basis to make this claim. I've heard it where they reference the great depression but economist say this is not the same condition.

Well then, you have bad information. Check out your history...there's been scores of recessions, and several outright depressions.

Economists that claim "this isn't the same" don't have a clue about US history.

 

[targus]

Many great things have been done by people with hope and no experience.

Not what I said.

We have the experience in what they are doing in trying to spend their way out of a recession.

And expericence says that it does not work.

So what you have is not people with hope and no experience.

What you have is people who are operating on hope in the face of an experience of failure.

Doing the same thing again and "hoping" for a different outcome is a common cited definition of insanity.

 

[LeBuick]

Well then, you have bad information. Check out your history...there's been scores of recessions, and several outright depressions.

Economists that claim "this isn't the same" don't have a clue about US history.

Only one other recession/depression on this magnitude. Yes, we've had other recessions but not like this.

The only place I know whose economy came close to this was Japan in the 1990's. The conclusion is their government reacted too slow and now that period is known as the lost decade.

 

[LeBuick]

Doing the same thing again and "hoping" for a different outcome is a common cited definition of insanity.

You mean like cutting taxes which Bush and the GOP did to get us into this mess. Bush cut taxes and the recession began. I know you guys want to blame it on his spending but I don't see how government spending caused this mess.

We gave tax incentives to send jobs overseas. Now that their gone, unemployment is up. We gave corporations and the rich huge tax cuts and now they are worth more but if there was a new job they made it overseas.

 

[targus]

You mean like cutting taxes which Bush and the GOP did to get us into this mess. Bush cut taxes and the recession began. I know you guys want to blame it on his spending but I don't see how government spending caused this mess.

We gave tax incentives to send jobs overseas. Now that their gone, unemployment is up. We gave corporations and the rich huge tax cuts and now they are worth more but if there was a new job they made it overseas.

You have more than once said that the recession is the result of the Bush tax cut.

Could you tell me how much revenue was lost as a result of that tax cut?

How does that revenue loss - if any - compare with the increase in spending concurrent with the tax cut?

Without that knowledge you are just talking through your hat.

 

[just-want-peace]

We gave tax incentives to send jobs overseas.

I have seen you state this quite frequently. Can you explain just exactly what you are talking about? (With some sources, please!
Thanks.)