Quote:
Originally Posted by
reefraff http:///t/391871/makes-me-wonder/20#post_3477634
Social policy isn't what is killing the economy. It's 0bama's insane level of spending. 16 Trillion in debt by the time we get to the end of this error. That's up over 6 trillion since the day he took office. Permits to drill for oil on federal lands were down better than 40 percent under 0bama, still down by about 30 percent now. You don't think that's added upward pressure on the price of oil? Let alone rejecting Keystone. The more oil that makes it to the market the cheaper it will be. Food prices? 0bama doubled down on foolish ethanol subsidies which encourages corn to be used for fuel instead of feed stocks or food.
Jobs? So let me get this straight. The Republicans have a majority in the house and it's all their fault but Democrats controlled the House and Senate well before the economy tanked but that was all Bush's fault? Yeah, whatever.
What it all comes down to is if our economy crashes there are going to be a lot of hungry liberals waiting for the government catering truck that's never going to show up.
Look where that "spending" has occurred - Medicare, Medicaid, Social Security, and the Military. Discretionary spending is less than 17% of the annual federal budget. You want to reduce spending and the deficit? Cut spending to these programs. The republican just tried passing a $468 BILLION military bill, with part of that goint towards some stupid missle defense system the Pentagon didn't even want.
US oil companies are sitting on THOUSANDS of permits that have access to MILLIONS of acres of oil fields. They aren't drilling on them because of the cost of technology to get to the oil in those locations. They are opening them because of the roller coaster barrel prices that OPEC is playing games with right now. Don't believe me, look it up.
Show me the number of significant bills that have come out of the House that promote job initiatives or allow companies to start hiring workers. No, they're too concerned with passing social bills like "Let's get rid of that evil Planned Parenthood".