A aviation & planes forum. AviationBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » AviationBanter forum » rec.aviation newsgroups » Owning
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

Sold out by IFR



 
 
Thread Tools Display Modes
  #1  
Old February 7th 04, 03:31 AM
Peter
external usenet poster
 
Posts: n/a
Default

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.

  #2  
Old February 7th 04, 05:15 AM
Tom Sixkiller
external usenet poster
 
Posts: n/a
Default


"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.




  #3  
Old February 7th 04, 06:16 AM
Peter
external usenet poster
 
Posts: n/a
Default

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.

  #4  
Old February 7th 04, 08:58 AM
Tom Sixkiller
external usenet poster
 
Posts: n/a
Default


"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.


  #7  
Old February 7th 04, 10:14 PM
Bob Noel
external usenet poster
 
Posts: n/a
Default

In article Hp7Vb.111641$U%5.573581@attbi_s03,
wrote:

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


correlation cause/effect

--
Bob Noel
  #8  
Old February 7th 04, 10:52 PM
Tom Sixkiller
external usenet poster
 
Posts: n/a
Default


"Bob Noel" wrote in message
...
In article Hp7Vb.111641$U%5.573581@attbi_s03,
wrote:

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

correlation.

correlation cause/effect


http://www.datanation.com/fallacies/index.htm (The Logical Fallacies Index)

As well, saying something happened during an administration BECAUSE of an
administration violates several laws of logic, specifically:

* Coincidental Correlation (post hoc ergo propter hoc )
* Hasty Generalization


To say tax increases reduced the deficit (beyond the very short term)
violates:
* Irrelevant Conclusion ( ignoratio elenchi )
* Too broad of a definition (does not address dynamic factors).
* False Dilemma (does not address spending, particularly spending cuts as a
possibility)

And on and on...

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


 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
CAAC in China had approved below 116kg aircraft sold in China without airworthiness cetificate Luo Zheng Home Built 0 June 27th 04 03:50 AM
Donald Campbell Bluebird helmet sold Aerophotos Military Aviation 1 May 3rd 04 05:11 PM
Japanese firm sold Libya uranium conversion plant Dav1936531 Military Aviation 2 March 17th 04 03:47 PM
Sold out by IFR Mike Rapoport Instrument Flight Rules 129 February 9th 04 10:47 PM
SOLD Becker ATC-4401-175 and SigmaTek ARC EA-401A Servoed Encoding Alt Juan E Jimenez Home Built 0 August 11th 03 05:03 AM


All times are GMT +1. The time now is 10:54 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 AviationBanter.
The comments are property of their posters.