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Originally Posted by dc_dux
There has only been one year (FY 10) under an Obama administration budget and as I noted, the deficit was lower the previous year....so I dont where you get your numbers that Obama has doubled the deficit per year.
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Bush's deficits were running in the $400-$500B per year range up to 2008. Obama's deficits are roughly double that and projections I've read are that the deficit doesn't get back to the $400B range until something like 2015, three years after Obama has been kicked out.
Quote:
Originally Posted by dc_dux
The SNAP program (food stamps) is probably one of the more stimulative programs.
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As I've posted before, no more stimulus programs. Let the economy sort itself out to the level that it will naturally run at. I don't think the kind of consumer demand we saw in the last decade or two is coming back for a long time since a whole bunch of stupid people found out the hard way that it's bad to max out your credit and not save any money.
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Originally Posted by dc_dux
So you dont think people who become unemployed through no fault of their own should get temporary food assistance? even the kids? And no more unemployment insurance? Too bad if you're out of work and cant afford to pay your mortgage or feed your family?
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What were those people doing with their income before? Were they people who were maxing out their credit tying to live a higher lifestyle than their income could support? Were they even trying to save money for difficult time? If so, boo hoo. It's not my responsibility to support them. Any politician who thinks otherwise will lose my vote. I live within my means and have had zero debt for over 15 years. I have savings that will carry me across temporary unemployment. It's not unreasonable to expect others to do likewise, using debt only for major purchases.