Why the polls don't matter, Romney will be the next President

[^_^ 5,021]

According to him, he is English, married to a Welsh.

English > Kenyan

[Teddy B 17,252]

Not all.

Romney is American.

[JohnR! 5,495]

English > Kenyan

At least both are British subjects. America's come full circle!

[Mr. Big Dog 10,747]

Not particularly. The only issue I care about is the debt, and I doubt Romney's ability to fix it.

Fact of the matter is that he won't even try. He'll reduce revenues further from their already historic low levels and then work to restore all the spending that is to be cut under current law. He's already calling for the looming spending cuts to be delayed at least one year. He wants to keep spending. Heck, perhaps he'll go to war with Iran - which he seems hell-bound to do - and you can kiss any hope of deficit and debt reduction good bye.

Bottom line, if Mitt wins and the GOP holds the House and maybe even grabs the Senate, you will hear as you have last time around that "Deficits Don't Matter".

Not all.

Romney is American.

nice

Edited August 8, 2012 by Mr. Big Dog

[mawilson 2,133]

Fact of the matter is that he won't even try. He'll reduce revenues further from their already historic low levels and then work to restore all the spending that is to be cut under current law. He's already calling for the looming spending cuts to be delayed at least one year. He wants to keep spending. Heck, perhaps he'll go to war with Iran - which he seems hell-bound to do - and you can kiss any hope of deficit and debt reduction good bye.

Bottom line, if Mitt wins and the GOP holds the House and maybe even grabs the Senate, you will hear as you have last time around that "Deficits Don't Matter".

Neither will Obama.

[Mr. Big Dog 10,747]

Neither will Obama.

You'd have a better chance getting it in order with Obama if for no other reason that Obama would no longer worry about re-election.

[^_^ 5,021]

You'd have a better chance getting it in order with Obama if for no other reason that Obama would no longer worry about re-election.

Democratic Presidents don't create their legacies by unsexy budget policies. If Obama is re-elected (looks unlikely at this point but campaign trajectories do change) he will go left-left. His base will squeal with delight.

[mox 298]

Neither will Obama.

Fixing the budget is actually Congress's job. The President can, and usually does, submit a budget, but it's not his job to balance the budget. So I agree, no President is going to balance the budget. That would be weird.

Edited August 8, 2012 by mox

[^_^ 5,021]

Fixing the budget is actually Congress's job. The President can, and usually does, submit a budget, but it's not his job to balance the budget. So I agree, no President is going to balance the budget. That would be weird.

You're a known Alynskite. Why should anyone believe you?

[Mr. Big Dog 10,747]

Democratic Presidents don't create their legacies by unsexy budget policies.

It's been over three decades that a Republican President has actually improved the nation's fiscal situation. The Gipper didn't do it, Bush Sr. didn't do it, Bush Jr. didn't do it. Why would anyone in their right mind believe that Mitt suddenly would? Clinton did it, though. And that has become part of his legacy. Nothing unsexy about it.

[^_^ 5,021]

It's been over three decades that a Republican President has actually improved the nation's fiscal situation. The Gipper didn't do it, Bush Sr. didn't do it, Bush Jr. didn't do it. Why would anyone in their right mind believe that Mitt suddenly would? Clinton did it, though. And that has become part of his legacy. Nothing unsexy about it.

Please, Clinton's legacy is all about the sex that wasn't.

[mox 298]

Please, Clinton's legacy is all about the sex that wasn't.

Depends on what your definition if is is.

[Mr. Big Dog 10,747]

Please, Clinton's legacy is all about the sex that wasn't.

So Obama is due for a ####### if he gets re-elected? Then I say let's support Mitt Romney and save an intern.

[mawilson 2,133]

It's been over three decades that a Republican President has actually improved the nation's fiscal situation. The Gipper didn't do it, Bush Sr. didn't do it, Bush Jr. didn't do it. Why would anyone in their right mind believe that Mitt suddenly would?

He wouldn't. As for Bush Jr, I'd love to have his deficits. 2-3% of GDP... nice.

Clinton did it, though. And that has become part of his legacy. Nothing unsexy about it.

Clinton didn't do anything. He just had some unexpected tax revenue from the dot-com bubble.

[Mr. Big Dog 10,747]

As for Bush Jr, I'd love to have his deficits. 2-3% of GDP... nice.

How do 2-3% of GDP deficits increase the debt from 56.4% of GDP to 84.2% of GDP over 8 years? Fact is that the debt was $5.8TN at the end of FY 2001 (the end of Clinton's last budget year) and $11.9TN 8 years later. The debt more than doubled over those 8 years. GDP increased only 30% over the same time. Which is why the debt to GDP ratio ballooned. That's Bush Jr's. actual fiscal record. The budget was balanced when he came in (i.e. the debt rose slower than the GDP) and was handed off with a deficit of well over a trillion dollars to his successor.

Clinton didn't do anything. He just had some unexpected tax revenue from the dot-com bubble.

Clinton used that revenue to eliminate the deficit and start working off the debt. Notice that the debt to GDP ratio was 66.1% when Slick Willie took office and 56.4% when he left. That's what you do when the economy does well and brings you unexpected tax revenues. Don't forget that Bush also had unexpected tax revenues - from the housing bubble. And yet he still racked up debt like there's no tomorrow.