- Mar 21, 2005
- Reaction score
- New York, NY
- Political Leaning
- Slightly Conservative
Pacridge said:RightatNYU said:anomaly said:So since one of the sources came from a leftest bias, you're just going to side step the whole question?
I'm just wondering. A lot of what conservatives say makes some sense to me. I don't always agree. Sometimes honestly I do, but I almost always at least understand the argument. But this massive debt and the deficit absolutely doesn't make any sense to me what so ever. You seem intelligent- what's your take on it?
I wasn't involved in the debate, I was just making a point.
Regarding your question, the honest truth?
I would have a hard time explaining away Bush's economic policies. Truthfully. I think he's trying to please too many people. While people may get riled up over big defecits, they get even more riled up when their taxes go up, or their pet program gets cut.
I think Bush has bowed to pressure from too many groups to get their support, or at least avoid their outright disapproval. While it may be good politics, I don't know how good it is for us in the long term.
I will say this in his defense, however:
Our economy is growing rapidly, the GDP is booming, and although our debt is massive, if you look at our debt as a percentage of GDP, it's 62.4 percent, placing us in the middle of the pack worldwide, and in the company of Germany and Spain. We're doing better than France, Canada, Israel, Italy, etc, and far better than Japan, whose debt is 150% of their GDP, proving that it's not necessarily a sign of a weak economy.
Although this isn't my area of expertise, I've got plenty of friends who ramble on to me for hours and hours about how Bush's economic policies are perfect for the country. Truth is, I couldn't and wouldn't make that argument.