Redistribution of Wealth

[Vteckidd]

Can any of you show an instance of Trickle Down Economics that did not cause a massive deficit?

Everyone should see their tax bill hike, there are expenses that need to be taken care of and as if nobody has noticed.. its going to require investment.

This whole subject is rhetorical because it is dependent upon your beliefs. If you lean right you see it as welfare and socialism.. if you lean left you feel the current system has not worked and needs to change. There is no common ground amongst any of you.

good post.

This goes back to an important issue for me which is SPENDING.

We need an ACTIVE CONGRESS that isnt concerned with lining their own pockets. CLinton was GREAT with the Repuiblican Congress, it kept him in check, and they got alot done, whether it was good or not, not my point. But they were ACTIVE.

I Feel like the last 8 years its been Bush acting Rogue trying to do what he feels is best for the economy/country/national security. Lets be HONEST the dems have done JACK SHIT in the congress.

I think as long as we dont have a Congress willing to push the envelope with the president, we will NEVER control spending, and thus no matter what happens, our deficit will continue to increase.

Side Question: Do you really think under Obama the Deficit will DECREASE?

[green91]

Side Question: Do you really think under Obama the Deficit will DECREASE?

I don't think it will happen in either candidate's first term. With the war and rampant damage control spending they are being set up for failure for at least the next 4 years. I do, however, think that there can be a positive spin for this lending to banks, and there is potentially money to be made once things turn around that can help accelerate decreasing the deficit. There is a great potential for a lot of interest to be made.