Funding for the state of Alabama

[planosteve]

It's called Limited Govt. Failure to limit govt. always ends in disaster as govt. becomes more and more oppressive. The biggest mistakes were letting the govt. convert gold and silver receipts to fiat money, factionalized banking and the FED which Wilson sold as "banking reform" HA! So, we will pay the price at some point and it will be heavy. Solving the problem by electing different people doesn't work. I think anyone can see that. The limits have to be built into the system which is now completely broken.

Limits were built into the system. "Progressives" ignore them.

Progressives from both political parties

Principally, Woodrow Wilson with the help of a Democrat Congress who turned our money over to a private Cabal. He then ran for reelection on the slogan that he kept us out of war and then promptly sent us overseas to turn a local European war into a world war.

[GFB]

With our 18 Trillion dollar economy..a 500 Billion dollar deficit is thoroughly manageable ad infinitum.

As the economy grows larger..so can the deficit.

I don't like that it does..but it can.

Obama is the only President that put this ratio totally out of whack..having presided over 4 years of Trillion dollar plus deficits.

National debt is over 100% of gdp, last time that happened was 45-47, we can parse the reasons why etc, not interested just have a frank question.

What change in our economy do you see spurring growth in this country sufficient to reduce the national debt to less than 100% of gdp ?



http://useconomy.about.com/od/usdebtand ... y-Year.htm

Our DEFICITS must stay under 3% of GDP.

..and with the exception of Obama..they do.

[jellowrestling]

It's called Limited Govt. Failure to limit govt. always ends in disaster as govt. becomes more and more oppressive. The biggest mistakes were letting the govt. convert gold and silver receipts to fiat money, factionalized banking and the FED which Wilson sold as "banking reform" HA! So, we will pay the price at some point and it will be heavy. Solving the problem by electing different people doesn't work. I think anyone can see that. The limits have to be built into the system which is now completely broken.

Limits were built into the system. "Progressives" ignore them.

Progressives from both political parties

Absolutely. That's why I despise RINOs: they are often Progressives. When they get elected and act just like Democrats, then Republicans are expected not to attack them.