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01-09-2009, 09:12 AM
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GreekChat Member
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Join Date: Dec 2003
Location: NooYawk
Posts: 5,482
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Quote:
Originally Posted by I.A.S.K.
What is not actually true?
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While some debt was paid back to the American public (treasury bonds and such), neither the national debt nor the deficit were ever in the black nor was the budget ever balanced during his terms.
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A woman of diversity through and through.
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01-09-2009, 10:51 AM
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GreekChat Member
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Join Date: Mar 2007
Location: Land of Chaos
Posts: 9,288
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Invalid premise?
Also, there seems to be a belief that spending money during a recession is bad. This is false. The BEST thing for those with money to do right now is SPEND it - businesses are going under because there simply are no buyers. If money doesn't start moving we are going to have even more problems- a terrible trickle down effect which some are feeling even as we speak.
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Courtesy is owed, respect is earned, love is given.
Proud daughter AND mother of a Gamma Phi. 3 generations of love, labor, learning and loyalty.
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01-09-2009, 11:59 AM
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GreekChat Member
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Join Date: May 2007
Location: In a house.
Posts: 9,564
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Quote:
Originally Posted by SWTXBelle
Also, there seems to be a belief that spending money during a recession is bad. This is false. The BEST thing for those with money to do right now is SPEND it - businesses are going under because there simply are no buyers. If money doesn't start moving we are going to have even more problems- a terrible trickle down effect which some are feeling even as we speak.
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Can't spend what you don't have.
Can't make it to spend if you don't something to make it with.
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Law and Order: Gotham - “In the Criminal Justice System of Gotham City the people are represented by three separate, yet equally important groups. The police who investigate crime, the District Attorneys who prosecute the offenders, and the Batman. These are their stories.”
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01-09-2009, 12:03 PM
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GreekChat Member
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Join Date: Dec 2003
Location: NooYawk
Posts: 5,482
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Quote:
Originally Posted by DaemonSeid
Can't spend what you don't have.
Can't make it to spend if you don't something to make it with.
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Which is why it's important for those who do have the money to spend to get out and spend it for the sake of the rest of us.
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ONE LOVE, For All My Life
Talented, tested, tenacious, and true...
A woman of diversity through and through.
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01-09-2009, 12:29 PM
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GreekChat Member
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Join Date: May 2007
Location: In a house.
Posts: 9,564
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Quote:
Originally Posted by preciousjeni
Which is why it's important for those who do have the money to spend to get out and spend it for the sake of the rest of us.
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Let me borrow 10 bucks form you, I'm good for it once the recession is over!
__________________
Law and Order: Gotham - “In the Criminal Justice System of Gotham City the people are represented by three separate, yet equally important groups. The police who investigate crime, the District Attorneys who prosecute the offenders, and the Batman. These are their stories.”
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01-09-2009, 12:37 PM
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GreekChat Member
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Join Date: Dec 2003
Location: NooYawk
Posts: 5,482
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Quote:
Originally Posted by DaemonSeid
Let me borrow 10 bucks form you, I'm good for it once the recession is over!
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LOL - hey I included myself in that "us." Then again, I did wait until the economy was in the toilet to buy two cars and a house. It was intentional!
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ONE LOVE, For All My Life
Talented, tested, tenacious, and true...
A woman of diversity through and through.
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