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jtuck004

(15,882 posts)
47. In my opinion, respectfully, that's a load of crap.
Wed Jun 6, 2012, 05:09 PM
Jun 2012


If FDR had said "we could do so much better if we weren't spending so much" this country would have been over. Instead we spent somewhere around 113% of our GDP and turned this into the single most powerful nation on the earth - and made a country where people had OPPORTUNITY to work for a better life for themselves and future generations.Whether it was war or job programs, this country is great precisely because we used our debt as an investment in our future, not to line the pockets of a Mi$$ Rmoney.

The Republicans don't give a sweet god damn about the debt except when Democrats hold office - never have, never will - except where it provides food or shelter for someone with low income, where it is spent to help for family planning or medical care, or where it is used to make sure housing is available. The have no trouble whatsoever building a military on the back of the American taxpayer, making lower incomes lower and our debt higher.

Beyond that, we are a FIAT currency. I know most people went to school in the U.S., where they are still teaching economics as if it is 1844, but we have a fiat currency because we didn't want to live any longer under the hard limitations of the gold standard. Now we have that power and flexibility, with a nation that is completely ignorant about the advantage it offers us.

THIS IS THE PARTY OF OPPORTUNITY, OF GROWTH, OF A FUTURE. Until we believe it, however, and start pushing that agenda we can argue and beat each other up all day long, but for someone outside the room, when they see EVERYONE saying the debt is too high, they are left with the impression that the Democrats just don't have the stomach to do what is necessary.

It is time to start investing in this country again, and the Democrats are the only ones that can do it. The same ones that took office when we were losing 800,000 jobs a month and argued with the thugs as the debt climbed along with poverty.

Take a look at our own government projections. The CBO says the unemployment rate should be back to full employment by 2014. Is there anyone delusional enough to still believe that? The reason is because we haven't attacked jobs, the thing people MOST want, and instead spend political capital making a few people at the top of major insurance companies a lot richer.

We need more investment, which means more debt. But democrats need to talk about how good an investment in the American people can be, how it brought vigor to the South with electricity, how it brought commerce and freedom to roads, how we educated 30 years of returning veterans by paying ALL of their tuition, how we got people jobs with CETA...

- Does anyone remember how creative people were in the 60's and 70's? Street vendors, architecture, millions of people in school experimenting and learning things - the Internet was the result of that, btw - and the result of investment in the people of this country -

...or we can snivel around like third way Republicans (my apologies to Third Way Manny) and talk about debt. But if we lose...well, maybe it's because of all their dollars, or maybe it's because Democrats didn't get out and vote...or maybe, just maybe, it will be because we didn't offer them an alternative vision, a reason to get up and get going, a knowledge that if they want to work, work is there waiting for them, and a stronger country for all of it.






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Just let the Bush tax cuts expire...don't make any exceptions...everyone must sacrifice! rfranklin Jun 2012 #1
'Fell' earthside Jun 2012 #2
Ron Reagan just made the point on MSNBC... kentuck Jun 2012 #4
I think our expensive wars have really hurt us financially. Mayflower1 Jun 2012 #3
That's a big part of the debt. kentuck Jun 2012 #5
Starve the Beast Sekhmets Daughter Jun 2012 #21
True. kentuck Jun 2012 #23
Perhaps the best way to save the nation Sekhmets Daughter Jun 2012 #45
The Democratic party Harmony Blue Jun 2012 #6
That is the key. kentuck Jun 2012 #7
Well they need not make the same mistake twice! Harmony Blue Jun 2012 #9
I would agree. kentuck Jun 2012 #17
The last Democrat to show political courage Sekhmets Daughter Jun 2012 #22
Along with a massive cut in defense Dokkie Jun 2012 #36
Everyone would NOT have to tighten their belts. Pab Sungenis Jun 2012 #8
Perhaps you are right? kentuck Jun 2012 #10
Look at 1993 through 2001. Pab Sungenis Jun 2012 #12
But not under our present tax system... kentuck Jun 2012 #14
Again, that's my point. Pab Sungenis Jun 2012 #15
Sorry for the misunderstanding... kentuck Jun 2012 #16
No harm done. Pab Sungenis Jun 2012 #56
Good comment. nm rhett o rick Jun 2012 #33
Sorry but Sekhmets Daughter Jun 2012 #24
Do you really have hope that our elected "Democrats" will do shit to help us? MoonRiver Jun 2012 #11
Watch out, language like that will bring down the wrath of the DU Neighborhood Watch. rhett o rick Jun 2012 #34
And I have my running shoes on! MoonRiver Jun 2012 #35
Just be careful standing your ground. nm rhett o rick Jun 2012 #40
No problem, I run! MoonRiver Jun 2012 #46
Wise. nm rhett o rick Jun 2012 #49
FWIW, folks like Krugman have been saying this for years Blue_Tires Jun 2012 #13
I often don't agree with Krugman Harmony Blue Jun 2012 #25
The way out is to let all the tax increases and spending cuts take effect at the end of the year FarCenter Jun 2012 #18
That would be a good start... kentuck Jun 2012 #19
YOU ARE sooooooo right! jpbollma Jun 2012 #20
Let us get to 39% and we can slowly start talking about rolling back the Reagan tax-cuts. Chan790 Jun 2012 #28
In effect... kentuck Jun 2012 #30
Even Romney Sekhmets Daughter Jun 2012 #26
Yes, the austerity of spending cuts must end.. kentuck Jun 2012 #27
The spending cuts in 2013 would be only $110 billion FarCenter Jun 2012 #29
I think there is zero chance Sekhmets Daughter Jun 2012 #31
One thing I would not want to see... kentuck Jun 2012 #32
Agreed. But Sekhmets Daughter Jun 2012 #43
You actually support the fiscal cliff? girl gone mad Jun 2012 #38
If the federal government didn't need to borrow in order to spend, the debt limit wouldn't matter FarCenter Jun 2012 #41
True, however Sekhmets Daughter Jun 2012 #44
Democrats need to just shut up about deficits. girl gone mad Jun 2012 #37
I disagree... kentuck Jun 2012 #42
I can hardly imagine anything more powerful Mairead Jun 2012 #39
In my opinion, respectfully, that's a load of crap. jtuck004 Jun 2012 #47
With equal respect... kentuck Jun 2012 #48
BHO does not equal FDR - lol. No kidding. To your other point, maybe the thugs are successful jtuck004 Jun 2012 #50
I'm not sure you got the main gist of my post? kentuck Jun 2012 #51
Change the frame, ala Lakoff. Make it about growth and investment. jtuck004 Jun 2012 #54
National debt is not a problem, interest rates are low. The trap is bigger. Festivito Jun 2012 #52
It is a "political" problem for the Democrats... kentuck Jun 2012 #53
I still think the derivative problem will be the bigger political problem. But, ... Festivito Jun 2012 #55
Absolutely. "Debt" is an illusion considering the banks' theft of TRILLIONS of our dollars, Fire Walk With Me Jun 2012 #57
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