Where Are the Jobs, Dammit!?

[웃 910]

i keep reading this topic title as "Where Are the Jobs, Darnell!?"

I did that too.

[Mr. Big Dog 10,747]

Not really - we traded future prosperity for some short term gains.

Not necessarily. As long as the gains are at least partially used to fill the budget gap. Imagine, for a second, that we had retained the fiscal course we were on at the beginning of the century. We would have had a much smaller debt to GDP ratio when the big one hit and would have been in a much better position to offset the losses w/o incurring this huge pile of debt. The problem is that rather than being fiscally responsible, Washington decided early in this century to put deficits on an accelerated path leaving us damaged already when the economy collapsed.

[slim 1,525]

Washington decided early in this century to put deficits on an accelerated path leaving us damaged already when the economy collapsed.

The "previous administration" put us on this path.

[Mr. Big Dog 10,747]

The "previous administration" put us on this path.

Well, the budget looked great in 2000. The budget outlook was promising - I think we were on track to reduce the national debt. And then Washington changed all that. And those that did are now complaining about the very fruits of their hard labor. Such is politics.

[slim 1,525]

Well, the budget looked great in 2000. The budget outlook was promising - I think we were on track to reduce the national debt. And then Washington changed all that. And those that did are now complaining about the very fruits of their hard labor. Such is politics.

Wait a minute... under the "previous administration" who was the majority in congress?

[mawilson 2,133]

Wait a minute... under the "previous administration" who was the majority in congress?

The Republican-Democrat Regime?

[slim 1,525]

The Republican-Democrat Regime?

Yeah. I keep hearing this excuse of "the previous administration" and when you pull the wool off the front of your eyes you realize the "previous administration" looks a lot like today's administration.

It's a nice KC Shuffle though, I'll give him that.

[Mr. Big Dog 10,747]

Wait a minute... under the "previous administration" who was the majority in congress?

In 2001 when the debacle was set-up and in 2003 when it was accelerated, the GOP. Surely you know that.

[slim 1,525]

In 2001 when the debacle was set-up and in 2003 when it was accelerated, the GOP. Surely you know that.

Does Obama know that?

[Mr. Big Dog 10,747]

Does Obama know that?

Of course he does. Why wouldn't he?

[slim 1,525]

Of course he does. Why wouldn't he?

Because he's the most "transparent administration" ever.

[Mr. Big Dog 10,747]

Because he's the most "transparent administration" ever.

And that means he doesn't know what happened earlier this century.