Comments on: It IS Too A Game, Mr. President!

By: Reality

Reality — Thu, 12 Feb 2009 11:59:12 +0000

daveg doesn’t know what he is talking about, but spouting the same Republican lie that they’ve been spouting for years. He’s been brainwashed. If he hadn’t he’d be able to see very clearly that after the Republicans took over the Congress in 1994, they started giving huge tax breaks to businesses and wiping away years of regulatory progress. This policy was furthered with Bush’s 2002 huge tax break to the wealthy and corporations and directing his administration not to enforce what regulations were left. The wealthy and business already pay less tax than any other industrialized nation.

And the recession of the 970’s was deeper in some areas, but then, it had been going on longer; we’re only at the start of this one. And it is the most severe, sharpest and deepest downturn since the Great Depression. That’s not rhetoric, but fact. daveg’s ridiculous revisionist history won’t change that fact.

Let’s correct another of his lies. The recession of the 1970s was inherited by Jimmy Carter. daveg would have us believe that Carter was the cause of it. In actuality, the recession was the result of Richard Nixon taking the Dollar off the gold standard, which he was strongly advised not to do, because it would open the opportunity for foreign nations to manipulate the value of our currency. That’s exactly what happened in 1973, when OPEC embargoed is.

By: kiel

kiel — Sat, 07 Feb 2009 02:59:01 +0000

And the deregulations of the Reagan administration are the root cause of the worst economy today. Just as the Reagan administration’s support of the Taliban put them in power to threaten us, and the reagan administration’s unquestioned support of Saddam Hussein led to the morass in Iraq. Yeah, gee. Thanks, Ronnie.

By: daveg

daveg — Sat, 07 Feb 2009 01:14:51 +0000

This is not the worst economy since the Great Depression… it’s the worst since the end of the Carter administration.

And the solution of course was to remove the shackles of a high tax burden from businesses and citizens, so they can use their money to create wealth – whether through innovation or entertainment.

But somehow our new President seems to ‘ignore’ the massive recessions and higher unemployment rates of more recent history and assert that we will “never recover” if we don’t spend nearly a trillion dollars.

I find his rhetoric and selective use (abuse) of historical facts, and his attitude while doing so, insulting to Americans.