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Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#42 Dec 31, 2012
OMYDAM wrote:
<quoted text>What about this Fiscal Cliff thingy?
Never heard of that before Obama was in office.
What about the downgrade on the United States credit standing?
Never heard of that before Obama was in office.
What about our current National Debt being at record highs?
Never heard of..... Well... You get the picture.
The "Fiscal Cliff" or sequestration deal was a joint creation of Congress to force themselves to govern. The President has remained steadfast in making fair and balanced recommendations but cannot write the legislation. It will not effect the economy unless Congress fails to do it's job. Barack Obama cannot order John Boehner to take a vote on the House floor.

Personally, I don't agree with the President's definition of fair and balanced in this instance because the wealthy are doing great while the poor and middle class are feeling the heat. To me, a fair solution wouldn't be balanced in terms of $1 for $1. I have issues with Republicans demanding cuts to Medicare in order to approve tax increases on millionares.

The debt ceiling issue comes around every year, you never heard of it because it has never been an issue with Congress under white Presidents.

Our national debt is what it is due greatly because of two unfunded wars that we are now paying for under new leadership. When you (correctly) do the math, you will surmise that Bush actually put us $7 Trillion in the hole, while Obama has actually reduced the deficit every year he's been in office.

Note; Reducing the deficit means spending less this year than last.

Therefore, none of these indicators you mention shows our country in a "downward spiral".

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