Another deficit solution

I have a Poem for you....

There once was a president from nantucket
Who spent money while liberals said fuck it
He said with a grin
while he tossed health care in
If my presidency is a disgrace you can suck it

Unfortunately the new york times will not publish my poem. :(

Quote from Crispy:

Deficit Hai ku -

Kabuki theatrics again in Rome.

The Summer of Keynes slips closer to Fall.

They never intended to solve.
 
Quote from Hello:

Im actually somewhat optimistic about the economy as well, but it doesnt change the fact that the deficit is a major road block. Even if GDP was to grow by 3% for the next 10 years, all that will do is cancel out the added interest, and that doesnt make up for the fact that government spending is growing at a far higher rate then 3%.

I think we can make our GDP "go farther" by continuing to improve our balance of trade, ie. the export initiative. Sure, every trading nation wants to do that, but we have well protected supply chains absolutely everywhere. Spending, particularly on wars, if the ROI on them is negative, could be cut, yes. And taxes, well, no one likes them but there is definitely room for them to rise with history as our guide, but only to pay our way through our transition to the emerging new economy. Entitlements... that money is spent. I'd prefer it to be spent here, but if not, and as long as GDP and exports are growiing, we're gonna be ok--it's that old Yankee ingenuity, read productivity, again! Finally, the boomers will die, ya know. ; )
 
Quote from Ricter:

I think we can make our GDP "go farther" by continuing to improve our balance of trade, ie. the export initiative.

Apart from moving paper around what the hell is the U.S. going to export in massive quantities? There is no such thing as U.S. export..... besides Goldman sacs.... CDO's CDS, and derivatives.....

You and me stand on totally different sides my friend...... Time will tell who is right.
 
Quote from Hello:

Apart from moving paper around what the hell is the U.S. going to export in massive quantities? ...
My suggestion is illegal aliens. :)
 
Quote from Hello:

I have a Poem for you....

There once was a president from nantucket
Who spent money while liberals said fuck it
He said with a grin
while he tossed health care in
If my presidency is a disgrace you can suck it

Unfortunately the new york times will not publish my poem. :(

I like it

:D
 
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