Sold out by IFR

John it sounds to me like you will be happy whichever big party controls the
oval orifice becasue they both intend to spend their way to relection...
denny


"John" wrote in message
om...
but it does seem fair that future generations
should pay at least some of the cost of instititions and assets built
for their benefit. John.

"Dennis O'Connor" wrote in message ...
John it sounds to me like you will be happy whichever big party controls the
oval orifice becasue they both intend to spend their way to relection...
denny



I always thought that neither governments nor families should go into
debt or live beyond their means. It is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future. The key is moderation and balance - some
debt passed long to future generations is justified and representative
of investments made on theior behalf; selfishness in current spending
with the bills to be paid by others is wrong, though. The key is
balance, which I will up to economists and scholars far smarter than
me. John.

John wrote:

"Dennis O'Connor" wrote in message ...

John it sounds to me like you will be happy whichever big party controls the
oval orifice becasue they both intend to spend their way to relection...
denny

I always thought that neither governments nor families should go into
debt or live beyond their means. It is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future.

Neither party may be sufficiently focused on it, but there's been a
substantial difference between Republican and Democratic administrations in
this regard. Since WWII, Republican presidents have been in office for 31
years and during their terms the national debt has increased an average of
9.1% per year; Democrats have been in office 27 years and the debt has
grown at a much smaller 3.7% per years during their terms. There's a huge
difference between a growth rate of under 4% compared to over 9%.

Just looking at more recent administrations, the debt grew about 14% per
year under Ford, slowed to 9%/yr under Carter before rising back to 14%/yr
under Reagan and 12%/yr under Bush Sr. Under Clinton's administration the
debt growth steadily slowed with the average being 4%/yr and only 0.3% his
last year. Bush Jr.'s administration has reversed that trend and pushed the
rate of growth of the debt back up to 7% per year. In Clinton's last year
in office the debt grew by $18 billion, in 2003 the debt grew by about $460
billion.

"Peter" wrote in message
news:6_YUb.234289$I06.2628540@attbi_s01...
John wrote:

"Dennis O'Connor" wrote in message
...

John it sounds to me like you will be happy whichever big party controls
the
oval orifice becasue they both intend to spend their way to relection...
denny

I always thought that neither governments nor families should go into
debt or live beyond their means. It is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future.

Neither party may be sufficiently focused on it, but there's been a
substantial difference between Republican and Democratic administrations
in
this regard. Since WWII, Republican presidents have been in office for 31
years and during their terms the national debt has increased an average of
9.1% per year; Democrats have been in office 27 years and the debt has
grown at a much smaller 3.7% per years during their terms. There's a huge
difference between a growth rate of under 4% compared to over 9%.

Since WW2, the CONGRESS (the spending authority), Democrats have held the
CONGRESS for 32 years and the Republicans for 18 years. During that time the
enactment of NON-DISCRETIONARY spending has been 88% from Democratic
CONGRESSES, and 12% under Republican. During that same time the GROWTH
factor has been 6.7% under Dems, and 2.1 (until the past two years) under
Republicans.

The DEFICIT took it's biggest LEAP under the democrats and their baseline
budget process during the Nixon years (so they could maintain control of the
purse strings).

Every Dem administration since 1900 left a mess in it's wake that compounded
and INSTITUTIONALIZED the spending and deficits.

Tom Sixkiller wrote:

"Peter" wrote in message
news:6_YUb.234289$I06.2628540@attbi_s01...

John wrote:


"Dennis O'Connor" wrote in message

...

John it sounds to me like you will be happy whichever big party controls

the

oval orifice becasue they both intend to spend their way to relection...
denny


I always thought that neither governments nor families should go into
debt or live beyond their means. It is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future.

Neither party may be sufficiently focused on it, but there's been a
substantial difference between Republican and Democratic administrations

in

this regard. Since WWII, Republican presidents have been in office for 31
years and during their terms the national debt has increased an average of
9.1% per year; Democrats have been in office 27 years and the debt has
grown at a much smaller 3.7% per year during their terms. There's a huge
difference between a growth rate of under 4% compared to over 9%.

The DEFICIT took it's biggest LEAP under the democrats and their baseline
budget process during the Nixon years (so they could maintain control of the
purse strings).

Factually totally untrue. Under Nixon the growth of the national debt
averaged only 5% - true, this was an increase over Johnson's average of 3%,
but it was very small compared to later Republican administrations.
Reagan's average of 14% per year over eight years was the greatest
contribution. And while Reagan kept publicly supporting a balanced budget
amendment, the budgets he submitted to Congress contained huge and
increasing deficits.
Yes, Congress passes appropriations bills, but the reality during recent
history has been that the budget submitted by the president shapes the
debate and the final totals are seldom far from those sent over from the
executive branch although there are frequently considerable changes in
individual projects and departments. During Reagan's terms (when the debt
growth rate was highest), Congress passed appropriations bills that were
very slightly smaller overall (by about $29B over 8 years) than had been
requested in the president's budget proposals although the actual spending
was higher due to economic conditions not being as good as forecast by the
administration.

Both major parties love to increase spending, albeit in slightly different
directions. But the impact on the deficit has been greatest under
Republican administrations.

"Peter" wrote in message
news:Co%Ub.109492$U%5.567596@attbi_s03...
Tom Sixkiller wrote:

"Peter" wrote in message
news:6_YUb.234289$I06.2628540@attbi_s01...

John wrote:


"Dennis O'Connor" wrote in message

...

John it sounds to me like you will be happy whichever big party
controls

the

oval orifice becasue they both intend to spend their way to
relection...
denny


I always thought that neither governments nor families should go into
debt or live beyond their means. It is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future.

Neither party may be sufficiently focused on it, but there's been a
substantial difference between Republican and Democratic administrations

in

this regard. Since WWII, Republican presidents have been in office for
31
years and during their terms the national debt has increased an average
of
9.1% per year; Democrats have been in office 27 years and the debt has
grown at a much smaller 3.7% per year during their terms. There's a
huge
difference between a growth rate of under 4% compared to over 9%.

The DEFICIT took it's biggest LEAP under the democrats and their
baseline
budget process during the Nixon years (so they could maintain control of
the
purse strings).

Factually totally untrue. Under Nixon the growth of the national debt
averaged only 5% - true, this was an increase over Johnson's average of
3%,
but it was very small compared to later Republican administrations.
Reagan's average of 14% per year over eight years was the greatest
contribution.

Take a look at program by program spending under Reagan (six of eight yers
under Democratic Congress, especially where "Reagan cuts" led to such
"misery". Recall where the Dem's said they would cut spending 2-1 for tax
increases...the tax inscreases came, but he speninding custs didn't.


And while Reagan kept publicly supporting a balanced budget
amendment, the budgets he submitted to Congress contained huge and
increasing deficits.

The one's Reagan proposed were close to balanced, but CONGRESS used the
rising economy in later years to go on a spending binge...just like the
90's...$30 billion for :midnight basketball"...

Yes, Congress passes appropriations bills, but the reality during recent
history has been that the budget submitted by the president shapes the
debate

The presidents proposal us typically a very small fraction fo total
spending.

and the final totals are seldom far from those sent over from the
executive branch although there are frequently considerable changes in
individual projects and departments. During Reagan's terms (when the debt
growth rate was highest), Congress passed appropriations bills that were
very slightly smaller overall (by about $29B over 8 years) than had been
requested in the president's budget proposals although the actual spending
was higher due to economic conditions not being as good as forecast by the
administration.

Both major parties love to increase spending, albeit in slightly different
directions.

True enough...each has their pet projects, but for the most part Republican
spending is _sorta_ tied to functions granted by the Consitution (defense).
By and large, "Compassionate Conservativeism" had it's genesis under Nixon.

But the impact on the deficit has been greatest under
Republican administrations.

Let's see: FDR's fiasco, Johnson's "Great Society", Carter's complete FUBAR,
Clintons' FCC running the telecom's into the ground and kicking off the
market burst from 1998 (Greenspan was much to blame, but Clinton's tax hike
made it damn difficult to recoup losses) and the start of the collapse in
early 2000.

As said earlier, Republicans are NOT the answer, but the vast majority of
spending is now redistribution of wealth and much of it by Repub's in on
programs the Dems; created and made permanent.

BTW: Reagan's defense buildup peaked at 29% of the budget, which was 22% of
GNP), but in 1959, defense was 50% of the budget which was 10% of GNP (5%
for defense).

Today, the military budget is 19% of the budget ($480B of $2.4T), and HHS
redistribution is 60% of the budget.

IOW, you could give every family in poverty something like $60,000.

Dept of Agriculture has more employees than Immigration and something like
ten times as many as the Border Patrol...

It's truly a sick situation...but every dime is spent by people ELECTED by
your friends and neighbors.


--
"The road to hell is paved with good intentions".



Spending has seldom, if ever, been tied to revenue, especially since
baseline budgeting.

In article Co%Ub.109492$U%5.567596@attbi_s03,
wrote:

Yes, Congress passes appropriations bills,

I'm happy to see that you realize that. but of course, you go on
to ignore it.


but the reality during recent
history has been that the budget submitted by the president shapes the
debate and the final totals are seldom far from those sent over from the
executive branch although there are frequently considerable changes in
individual projects and departments.

WHAT?! during the Reagan years, the democracts would gleefully proclaim
that the President's submission was DOA. They would claim he was
cutting the budget for certain line items when in fact his submission
had increases for those items (but not as much as they wanted).

During the Reagan administration, Congress appropriated $1.29 (iirc)
for every new dollar of tax revenue.

[snip]
Both major parties love to increase spending, albeit in slightly
different
directions. But the impact on the deficit has been greatest under
Republican administrations.

when something occurs during an administration, it is important
to understand the cause.

--
Bob Noel

Bob Noel wrote:

In article Co%Ub.109492$U%5.567596@attbi_s03,
wrote:


Yes, Congress passes appropriations bills,


I'm happy to see that you realize that. but of course, you go on
to ignore it.

but the reality during recent
history has been that the budget submitted by the president shapes the
debate and the final totals are seldom far from those sent over from the
executive branch although there are frequently considerable changes in
individual projects and departments.


WHAT?! during the Reagan years, the democracts would gleefully proclaim
that the President's submission was DOA. They would claim he was
cutting the budget for certain line items when in fact his submission
had increases for those items (but not as much as they wanted).

During the Reagan administration, Congress appropriated $1.29 (iirc)
for every new dollar of tax revenue.

Which was still slightly *less* overall than Reagan had asked them to
appropriate (as was pointed out in the part you snipped), just not for
exactly the same programs.

Both major parties love to increase spending, albeit in slightly
different
directions. But the impact on the deficit has been greatest under
Republican administrations.


when something occurs during an administration, it is important
to understand the cause.

And when there is consistently the same trend in one Republican
administration after another it's important to recognize the correlation.

"John" wrote in message
om...
"Dennis O'Connor" wrote in message
...
John it sounds to me like you will be happy whichever big party controls
the
oval orifice becasue they both intend to spend their way to relection...
denny



I always thought that neither governments nor families should go into
debt or live beyond their means.

And in your previous post you said it was good to carry deficts to following
generations that benefit from currect spending...as if they won't have their
challenges and battles to fight.


t is disappointing that neither
party is focused on managing the debt, as this will create much bigger
problems in the future. The key is moderation and balance - some
debt passed long to future generations is justified and representative
of investments made on theior behalf; selfishness in current spending
with the bills to be paid by others is wrong, though. The key is
balance, which I will up to economists and scholars far smarter than
me. John.

Spending and taxation is POWER, the prime mover of human activity.

Not love, nor, lust, not wealth...POWER.

"Tom Sixkiller" wrote in message
...

Not love, nor, lust, not wealth...POWER.

And what drives women to lust and love?