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Bushonomics Is Back


US Politics & Gov't  (tags: republicans, propaganda, corruption, economy, dishonesty, ethics, politics, government, americans, abuse )

CarrieSIC
- 652 days ago - slate.com
Last night Florida Sen. Marco Rubio made clear in words what those of us who've been watching Republican deeds have long suspected: The party deeply yearns not for new ideas but for George W. Bush's ideas. Bushonomics is back.



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Comments

David C. (29)
Wednesday February 13, 2013, 4:38 pm
The principle that the poor, who must subsist on the table scraps dropped by the rich, can best be served by giving the rich bigger meals"~ William Blum

Love that comment
 

JL A. (274)
Wednesday February 13, 2013, 5:12 pm
Too true David--the proposal is to return to the failed policies that destroyed the economy--no one should be so ill informed as to fall for that with the solid, factual information at their fingertips to debunk those myths.
 

Jason S. (57)
Wednesday February 13, 2013, 6:42 pm
Good posting, thanks
 

Angelika R. (144)
Wednesday February 13, 2013, 6:47 pm
...and when his lips start burning from spewing all the BS and lies he awkwardly helps himself to a drink.
What's next, taking a piss during his speech? He was just soo rediculous.
 

CarrieSICK B. (316)
Wednesday February 13, 2013, 6:54 pm
After voting against VAWA ealier yesterday ~ maybe someone should have told Rubio that Romney lost the election and it might not be a really good idea to reword Romney's rhetoric which was just more of Bush's failures.
 

Lynn D. (0)
Thursday February 14, 2013, 4:13 am
It for SURE beats what Obama is doing for us, thanks for GREAT article!
 

Ro H. (0)
Thursday February 14, 2013, 5:06 am
TY
 

John Gregoire (261)
Thursday February 14, 2013, 6:26 am
Artificially holding down interest rates and printing money won't work. Were the WH advisors of an age to remember Europe and Japan after WWII they would understand that a country can not do this and survive economically. The supply and demand model is still the ebst and most benficial for us.
 

Diane O. (164)
Thursday February 14, 2013, 3:56 pm
Liberals, there will always be poor people in every country. People are poor for different reasons. Some people opt out of getting an education or learning a trade. They don't want to do the work to earn a living that will take care of themselves and their families. The mentality that is being pressed into their minds is that government will come in and lift them up no matter how many bad choices they make for themselves. The majority of Americans are not poor. You have to ask yourselves why the majority of citizens in a country understand that education will bring higher salaries. It becomes a choice early in life. We, as a country here in the US, have provided grants and everything possible for our citizens to become self supporting individuals. Some take advantage of it and some do not.

We will never be able to provide a level playing field because it always comes back to the individuals.

Time to wake up and understand that we are all responsible for the choices we make in life. I will add here that our disabled Americans are not in this group and we should always lift up their ability to have the things they need to live in this world because they are disabled by no fault of their own. When I think of the $60 billion a year in fraud and abuse in our country that the taxpayers fund every single year I also think about if we could clean this up who better to be the recipients of this than our Americans who haven't had a cost of living raise in decades. We are not doing what we should be doing to address our Americans who really need our tax dollars. Something very wrong with the liberal thinking IMO.
 

Susanne R. (249)
Friday February 15, 2013, 12:15 am
RE: " We, as a country here in the US, have provided grants and everything possible for our citizens to become self supporting individuals. Some take advantage of it and some do not."

Unfortunately, these grants have not been keeping pace with increased college costs. Please read the article that follows:

Student Loan Debt Clock: $1,069,751,230,437 (and rising by the second)
(Copyright © 2013 by FinAid Page, LLC. All rights reserved. Mark Kantrowitz, Publisher)

"This clock reports an estimate of current student loan debt outstanding, including both federal and private student loans.

Total student loan debt outstanding exceeded total credit card debt outstanding for the first time in June 2010. The seasonally adjusted figure for revolving credit in the Federal Reserve's G.19 report (current report, historical data) was $826.5 billion in June 2010. (Credit card debt represents as much as 98% of revolving credit.) Revolving credit started declining in September 2008 when it reached a peak of $975.7 billion. The decrease is probably due a combination of higher minimum payments on credit cards, which were increased to 4% from 2%, lower credit card limits and tighter credit underwriting.

Student loan debt, on the other hand, as been growing steadily because NEED-BASED GRANTS HAVE NOT BEEN KEEPING PACE with increases in college costs. Federal student loan debt outstanding reached approximately $665 billion and private student loan debt reached approximately $168 billion in June 2010, for a total student loan debt outstanding of $833 billion. Total student loan debt is increasing at a rate of about $2,853.88 per second.

Note that these figures do not include capitalized interest on the total outstanding for federal education loans. When federal agencies publish debt figures, those figures usually include only the portion of the original principal balance remaining. This might not matter much for credit cards, auto loans and mortgages, but it has a much greater impact on education loans. Students routinely defer repaying student loans during the in-school and grace periods by capitalizing the interest. This increases the total federal student loan debt outstanding by about 6% to 7%, or about $50 billion.

If one were to include capitalized interest, total federal and private student loan debt probably hit the $1 trillion milestone in late 2011. But since there is not a reliable source of data concerning capitalized interest, the student loan debt clock does not include it. The student loan debt clock reached the $1 trillion milestone on May 8, 2012 at about 6:40 am."
................
That "grant" thing isn't working out very well, so what are all those other forms of generous assistance referred to as "everything possible for our citizens to become self-supporting individuals"?

Consider this:
* America spends more on its prisons than on its students.
* America spends more on its military than on its students.
* Deregulation allowed 100's of "for-profit-schools" to prey upon our citizens

To view the article: The One Comic That Explains Just How Screwed America Is

Additional source: John Boehner Backed Deregulation Of Online Learning, Leading To Explosive Growth At For-Profit Colleges
 

Elizabeth M. (67)
Friday February 15, 2013, 11:01 am
Read and Noted. Bushonomics is the worst idea ever.
Thanks Carrie.
 

Lois Jordan (56)
Saturday February 16, 2013, 4:29 pm
Noted. I find it very hard to listen to Rubio....but thanks for posting, Carrie.
 
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