Obama's new campaign ad: "Same"

Obviously, Obama's picked up on the "McSame" meme, and is hitting it hard.
rgroom1says...

Barr vote here.
We can't afford more government. This has been evident as far back as i can remember. I don't know when the last balanced budget happened, but i know that no matter who wins, we will be paying for it. Take your paycheck. Cut it in half. Now your decision is to give it to a war, or to poor people.

Crosswordssays...

>> ^rgroom1:
I don't know when the last balanced budget happened, but i know that no matter who wins, we will be paying for it.


Depending on who you talk to it last happened during the Clinton administration where a surplus was reported for several years.

10128says...

>> ^Crosswords:
Depending on who you talk to it last happened during the Clinton administration where a surplus was reported for several years.


Ah, the Clinton surplus myth rears its ugly head again. The "surplus" was merely a projection based on the unrealistic expectation of continued illusory tech stock bubble growth that occurred in the 90s which finally crashed and filtered into real estate (thanks, Greenspan) to delay a smaller recession then. The CPI calculations on inflation were changed during the Clinton years to understate real inflation. As a result, a greater excess of Social Security funds were freed up to be raided by congress (invested in itself, roundabout theft). Public debt went down by borrowing from government holdings, but total debt continued to increase. This site does a pretty good job of explaining it. He has a good section on the Social Security ponzi scheme, too.

http://www.letxa.com/articles/16

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