But the whole thing is we have been brainwashed into debt and credit. NORMALLY people try to avoid debt but no, WE ARE DROWNING IN IT!

America should not be borrowing SQUAT from anyone. Debt ONLY PROFITS BANKERS! So how many of you mighty and uber intelligent people want to argue with me over that? In all reality Bonds were for paying for civil improvements and in WWII war bonds were for Americans to help our government and make interest but the debt was held by people, not banks. People profited from War Bonds more than lenders and banks. The problem is what a noble system has evolved to. When we buy bonds now Banks get a cut of YOUR investment undeservedly! The system has become full of corruption and nepotism. Unions ARE a part of this problem. They push for more cost in bonding (Improvement Bond Measures) for large construction measures. They have the whole bidding process for these projects so screwed up that competition is not existent.

The fact is America needs to borrow less and stay within our means. Being pressured by the world bank to hold more debt is CRAZY. Who do you think is behind all the talk of bailouts in the first place? And Bush and Obama sucked a lot of banker dick recently now didn't they? So a happy chart points at rises and suddenly all of them are Republican. Remember the economy Peanuts Carter left Regan with? Then we had the baby boost in the economy then it went flat again? Carter had us in a recession and Regan left us in one. Bush Sr, drags us out of it, Clinton sets the stage for our demise deregulating lending, Bush Jr. comes in on the back side of an artificial boom and just as he is leaving the bubble the banks made up popped on them. And then Obama comes in on a mess and tosses gasoline on a forest fire!

Yep, lets point all the fingers at republicans! Weak Sauce!

Economic stimulas?
Yeah that workout really well.
What's unemployment at, over 9%. Wasn't the stimulas supposed to keep it under 8%?

i agree, giving the rich people more money always helps...

I agree with you on this.

The issue we have now is that 70% of economy is based on consumption.

Right now we are seeing a government induced spending bubble that will eventually burst because they cannot sustain it and people aren't spending money.

Short term... people going back to saving instead of debt driven consumption spending will keep the economic growth very low. Once people are comfortable with their levels of saving the spending will start again. Until that happens we are going to be mired in this period of high unemployment and minimal growth.

If people believed that chart then there would be no talks of financial crisis in this country. Since there are such talks I assume that the people in charge don't believe that chart.

Here is an economic fact people overlook and experts poo poo me over,

debt = INSOLVENCY! The more you borrow the more insolvent you become.

If you compare our debt ratio to actual monetary reserves we are so insolvent as a nation and SO underwater financially. And worst is the World Bank wants us to take on more debt!

Who is kidding who? Blame Conservatives? They listen to the same experts the Liberals listen too. The Azzholes in the FED giving this advice profit from it and lead the sheep to their shearing happily. The Federal Reserve is INDUSTRY regulating Industry, NOT Government regulating industry to protect us and our economy!

I would bet money right now if Bank Of America was audited right now they would be shut down in the REAL WORLD! How much property have they foreclosed on across the nation?

So yeah, all you liberal pinheads want to find any reason to justify your hatred of conservatives. Your party is just as much of the problem as the conservatives and you choose to blindly go about ignoring that fact!

How should we vote then?

Economists said that we would not see a significant upturn even with the government stimulus for up to ten years anyway.

But conservatives have not been conservative in our country at all in the government. So they cannot stand on that platform legitimately.

Seems to have been proven BY NOW that that hat trick doesn't work, for some reason IT NEVER TRICKLES DOWN....

Because tickle down economics is a lie and has been proven to NOT WORK!

I have explained this many times.

Being a Republican does not make you a conservative.

If you think Bush SR or JR were conservatives you have no idea what a conservative actually is.

Bush JR was a moralist republican. He was conservative on social issues like abortion. He was no conservative when it came to spending or starting the war in Iraq.

He is the same as the neo cons who are nothing more than disaffected marxists that left the democratic party because they thought they were *******.

Look up Irving Kristol and tell me I am wrong.

that was meant as a sarcastic remark... obama's stimulus went to the rich people, and they gave it to other rich people... yes, your right, trickle down has been a failure sense the start....

I ask again, how should we vote then?

Okay sit down for this......I was agreeing with your sarcastic remark and furthering the thought....lol

It is pointless to try to hve discussions when there Isn't even acceptance of corroborating evidence. All you have to say is , "Your source is a lie" and there is nothing left. Perhaps we can find a chart that shows that debt as a % of GDP skyrockets under Democratic Presidents and plummets under Republican Presidents.

Roosevelt, a democratic president, created the debt, and he alone.

The other presidents just fattened it, that's all. The glory for creating it goes all to Roosevelt.

ya and I vote we do something functional like go back to the gold standard

I was referring to your chart not dragoness's chart. I also never said it was a lie. It cant be as its a forecast. I said people don't believe it. If they didnt they wouldnt be worrying about the deficit. Yes the dept of the GDP went up with Obama. My point about dragoness's chart is that once the deficit started climbing greatly there was only 1 dem president and it climbed with him too.

But this adminisrations trickle up poverty is working very well.