Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Ikonoklast

(23,973 posts)

10. Sorry, but the trend lines for spending and interest debt were real, and a real threat

Reply to BlueCheese (Reply #9)

Tue Oct 1, 2013, 11:27 AM

Oct 2013

to the economy. The problem was in the future, but it was still there, waiting.

Many here didn't want to acknowledge that, but it was unsustainable...MOSTLY due to Republicans spending for war, but that is another discussion that needs to take place.

We took a growth hit, yes, but it didn't kill the economy, only slowed it a bit.

Things are moving in the right direction, even still.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

11 replies

= new reply since forum marked as read

Highlight:

The GOP Might Lose the Shutdown Battle, but It's Already Won the Spending War [View all] Mass Oct 2013 OP

Don't tell most here... Phillyindy Oct 2013 #1

"That while they are laughing at the right they are winning" ProSense Oct 2013 #3

I don't think people are laughing at the right - i think they are angry with them el_bryanto Oct 2013 #5

horse manure spanone Oct 2013 #7

This is what compromise looks like. Ikonoklast Oct 2013 #2

Indeed... Chan790 Oct 2013 #4

People will demand it. The insurance companies are now publicly-controlled utilities. Ikonoklast Oct 2013 #6

Democrats should not want to shrink the budget right now. BlueCheese Oct 2013 #9

Sorry, but the trend lines for spending and interest debt were real, and a real threat Ikonoklast Oct 2013 #10

Krugman described the debt as a "medium-term" problem. BlueCheese Oct 2013 #11

Exploding the deficit worked... in the short term Motown_Johnny Oct 2013 #8