Quote:
Originally posted by Rudey
a) You brought up how smart I am. If you're gonna ride my nuts, let's not mix facts.
b) In terms of Economics, my school is untouchable. I don't feel like ripping on Syracuse because you seem nice...just misguided.
c) Honestly I would open up some of the simple Economics books again if I were you because you're not making sense. We are tied to the world. Our deficit isn't just better for them, it's helping us. This is all very simple macro. Our growth, our job development and more right now is being fueled by the deficit.
d) You are trying to tie in a million issues into this and pass it off as Economics. You don't like faith based spending - fine. Don't try and turn it into an economic issue.
-Rudey
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Quote - last time I checked, this is a thread about why we're voting for John Kerry. I never said my dislike for faith based programming was "economics" - I said I didn't like that the budget deficit has gotten so severe that as a result, money isn't being allocated where it needs to be, and so Bush is pushing off the "less important" social programs onto someone else's plate so he can try to profit off of other ventures.
And if you're thinking our deficit is making life better here and developing jobs, you're wrong. As of March 2004, 35 of the 50 states have yet to recover the jobs lost since the recession began in March of 2001. This recession continues to have the greatest sustained job losses since the Great Depression. It would be one thing if we were in a real war on a large scale, but we're not. Because the budget is now so tight, funding for non-security discretionary spending (which includes information technology, domestic construction, education, environmental support, etc) has been almost completely eliminated. The only people making money are defense contractors or other contractors who are willing to go abroad to Afghanistan and Iraq, and given the danger, many contractors are no longer willing to do so.
Bush's tax cut package, which was supposed to create roughly 2,700,000 jobs once it was passed, has been a miserable failure, creating only about 700,000 jobs (and checking my Syracuse math, that's a shortfall of 2,000,000 jobs, give or take
)
Bush's economic policies SUCK. Domestically, we have seen no significant benefit from this absolutely enormous budget deficit.
If you want to keep going, we can continue on to "Reaganomics in the GW Bush administration" and why neoconservative economic policy based on the idea of "Greed is Good" doesn't work. Chicago is good, but Syracuse also has a distinguished school of public affairs and I did manage to pick up a thing or two.