Tilted Forum Project Discussion Community - View Single Post

host · 03-31-2008, 09:24 AM

I agree with you, mixedmedia, but my priority is bringing federal spending under control. I see only one slim hope of any of the three candidates doing that.

Whatever your differences are with Clinton, the facts are that Obama offers no hope....in his rhetoric or in his proposals, to cut the size of the rate of increase of the national debt.

In 1992, the national debt was rising by $350 billion per year, the economy was contracting....conditions extremely similar to the conditions now, except total debt then was $4.4 trillion, and now it's $9.4 trillion.

The husband of Hillary Clinton won the presidential election that year, and a few months later, proposed, pushed through the legislature, and signed a bill with tax increases that overwhelmingly burdened the wealthiest folks.

Not one republican in the house voted for that bill. Clinton's husband went on to be president for 8 years, reducing federal borrowing down to a low of just $18 billion in the budget year ended 9/30/00. He presided over dramatic reductions in non-defense federal employment, to the lowest actual numbers of personnel since 1960.

If the dollar exchange rate continues it's decline, if the massive federal borrowing, at a record $700 billion in this fiscal year, aggravated by borrowing $150 billion to attempt buy votes in an election year via the tax rebate stimulus package, can be publicized as a crisis issue.....

....wouldn't it make sense for the Clintons to point to Bill's '90s debt trend reversal accomplishment, as an appeal to super delegates to vote for Hillary in the interest of attempting to reverse the country's fiscal crisis?

It is a crisis...maybe nobody can reverse it in time....but there is no sign that Obama has the experience or commitment to do what Bill did, as quickly as he did it....or.....at all. Hillary is not stupid.....she was there, when her husband had to deal with similar economic conditions, as we are not dealing with, today.

What has Obama done, what does he offer? We're down to maybe our last chance to keep our currency from turning into toilet paper....maybe it is too late to even reverse the decline. Is it a responsible thing to take a chance on Obama? If Hillary moves closer in numbers after the next three primaries, I would be willing to help make an appeal like the one I've made in this post.

All of Obama's good intentions....domestic programs, tax cuts for the middle class, etc... along with his proposal to beef up US ground forces by 92,000 additional troops, sound great....on paper. He's never been in the position that Bill Clinton has been in....coming into a presidency with hopelessly high deficit trend, a no growth economy, hamstrung by a tax policy written by republicans, for the benefit of the rich, at the expense of federal revenue.

If you were a business owner in a dire financial situation, as we in the US are now, and were in 1992..... which team could you justify hiring, to your investors, partners, or board of directors? Would you hire the inexperienced team Obama, or the proven financial crisis managers.... demonstrated results achieved, in a prior assignment in a company just like yours...the Clintons?

If you stayed close....and you have to continue to campaign to find out if you can....and you were team Clinton, and you and other Obama supporters could put aside your support for Obama so you could be as openminded as possible about it, and the economy got worse in the meantime, as it most likely will..... can you consider that team Clinton will at least attempt a pitch like this one, to the super delegates and to the country? What do they have to lose, in trying?

03-31-2008, 09:24 AM	#24 (permalink)
host Banned	I agree with you, mixedmedia, but my priority is bringing federal spending under control. I see only one slim hope of any of the three candidates doing that. Whatever your differences are with Clinton, the facts are that Obama offers no hope....in his rhetoric or in his proposals, to cut the size of the rate of increase of the national debt. In 1992, the national debt was rising by $350 billion per year, the economy was contracting....conditions extremely similar to the conditions now, except total debt then was $4.4 trillion, and now it's $9.4 trillion. The husband of Hillary Clinton won the presidential election that year, and a few months later, proposed, pushed through the legislature, and signed a bill with tax increases that overwhelmingly burdened the wealthiest folks. Not one republican in the house voted for that bill. Clinton's husband went on to be president for 8 years, reducing federal borrowing down to a low of just $18 billion in the budget year ended 9/30/00. He presided over dramatic reductions in non-defense federal employment, to the lowest actual numbers of personnel since 1960. If the dollar exchange rate continues it's decline, if the massive federal borrowing, at a record $700 billion in this fiscal year, aggravated by borrowing $150 billion to attempt buy votes in an election year via the tax rebate stimulus package, can be publicized as a crisis issue..... ....wouldn't it make sense for the Clintons to point to Bill's '90s debt trend reversal accomplishment, as an appeal to super delegates to vote for Hillary in the interest of attempting to reverse the country's fiscal crisis? It is a crisis...maybe nobody can reverse it in time....but there is no sign that Obama has the experience or commitment to do what Bill did, as quickly as he did it....or.....at all. Hillary is not stupid.....she was there, when her husband had to deal with similar economic conditions, as we are not dealing with, today. What has Obama done, what does he offer? We're down to maybe our last chance to keep our currency from turning into toilet paper....maybe it is too late to even reverse the decline. Is it a responsible thing to take a chance on Obama? If Hillary moves closer in numbers after the next three primaries, I would be willing to help make an appeal like the one I've made in this post. All of Obama's good intentions....domestic programs, tax cuts for the middle class, etc... along with his proposal to beef up US ground forces by 92,000 additional troops, sound great....on paper. He's never been in the position that Bill Clinton has been in....coming into a presidency with hopelessly high deficit trend, a no growth economy, hamstrung by a tax policy written by republicans, for the benefit of the rich, at the expense of federal revenue. If you were a business owner in a dire financial situation, as we in the US are now, and were in 1992..... which team could you justify hiring, to your investors, partners, or board of directors? Would you hire the inexperienced team Obama, or the proven financial crisis managers.... demonstrated results achieved, in a prior assignment in a company just like yours...the Clintons? If you stayed close....and you have to continue to campaign to find out if you can....and you were team Clinton, and you and other Obama supporters could put aside your support for Obama so you could be as openminded as possible about it, and the economy got worse in the meantime, as it most likely will..... can you consider that team Clinton will at least attempt a pitch like this one, to the super delegates and to the country? What do they have to lose, in trying? Last edited by host; 03-31-2008 at 09:29 AM..