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Re: Another sign he's RW

Posted by JohnL on Thu May 3 21:53:15 2012, in response to Re: Another sign he's RW, posted by bingbong on Thu May 3 20:15:24 2012.

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Doesn’t matter. It’s irrelevant to the problem at hand. If we have a functioning economy we can increase taxes and lower spending to cover the deficit. You know, like the beginning of 2001.

As any economist who knows what they’re talking about, you run a surplus in good years and a deficit in bad years. Problem was a certain president, who skipped his economics classes like he skipped a lot of other things, didn’t realize that and gave away the surplus to his cronies as almost the first thing he did in office.

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