Quote:
Originally Posted by twoblacknines
I dislike Obama because he has carried on many of the Bush policies of foreign wars we should not be in, trampling on our liberties, and increasing gov't influence into our personal lives.
While I don't think think Romney will be any better in these areas at least he is a smart businessman who can hopefully get some of this spending under control.
I'm confused by this "control the spending" thing. If the bush tax cuts never happened, nor those wars, then our deficit wouldn't be so bad.
If the financial markets weren't lacking regulation and the markets hadn't crashed, then unemployment wouldn't be bad. The bad unemployment causes less tax revenue to flow in while causing a huge increase in people claiming safety net spending. If that hadn't happened our deficit wouldn't be bad at all.
The only real issue we'd have is health care costs (and possibly education costs). Now the new health care bill left a lot to be desired, but at least it was an attempt, and hopefully more can be built off of it.
I always get confused when I hear run away spending, but it always seems like any examples I read are always puny amounts of money compared to the GDP.
So what spending are we trying to control?