Quote:
Originally Posted by LG
TFan said:
In the 1970s and 1980s the Republicans emerged as a truly conservative party.
Really? I guess we have a different meaning for the word conservative. To me, it means fiscal responsibility, thriftiness, planning for the future. The Republican party abandoned all pretense to any of that when Reagan was elected. The attached graph is easily verifiable; the information can be gleaned from the US Department of the Treasury's web site and there are a number of inflation calculators on the web for correcting the yearly dollar amounts.
Quote:
Originally Posted by LG
And I haven't mentioned Richard Nixon yet. The less said the better.
Not necessarily:
He balanced the budget
Started the EPA (protect the environment)
Instituted the minimum wage
Started Affirmative Action (make it easier for minorities to get jobs)
Ended American involvement in Vietnam
Got the SALT Treaty signed
Normalized relations with Communist China
Started OSHA (protect workers from dangerous working conditions)
Intermediated in the middle east conflict and helped stop the carnage in Israel for a time
Indexed social security for inflation.
Created Supplemental Security Income (SSI).
Was Nixon a great man? No. Was he a great president? He could have been one of the best presidents the US ever had, but he got corrupted by power. It's too bad that he apparently turned evil toward the end of his time in office. That's what most people remember him for, rather than his monumental accomplishments.
As far as the graph below, it shows the neocon approach to getting votes: Borrow and Spend like a MOTHERFUCKER! Almost all dollars spent by the US government are spent on US goods and services, which stimulates the economy. Keeping taxes low helps that as well. The problem is that borrowing more and more money every year doesn't "fix" the economy, it just hides the problems.
The national debt can't continue the way that it has been, and at this point a catastrophic economic collapse is pretty much inevitable for the US. The debt is only one factor in that collapse; the other is the petrodollar which, when it loses its exclusivity will cause a dramatic drop in the dollar's value; along with China releasing their three trillion in US currency into the global economy this will cause the dollar to implode.