# Growth down to 1.6%, economy chat ITT.

**URL:** <https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264>\
**Category:** Shift518 Off Topic\
**Created:** [September 1, 2010, 6:43am UTC](https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264 "2010-09-01T06:43:38Z")\
**Posts on this page:** 1\
**Showing post:** 64

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**Author:** ![99FRC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/99frc/32/6335_2.png) [@99FRC](https://forums.speedlife.net/u/99FRC)\
**Post date:** [September 3, 2010, 3:09pm UTC](https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264/64 "2010-09-03T15:09:39Z")

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> [@WTB: 5 speed DSM transmission](https://forums.speedlife.net/t/wtb-5-speed-dsm-transmission/34795/3):
>
> Clinton left a surplus of 127 billion in 2001. By 2005 we were 319 billion in debt. How the fuck do you spend 446 billion in a matter of 4 years. Also bush should undoubtedly take the blame. He is one of the worst presidents of all time next to Andrew jackson. See one thing people fail to see is that they chose a president with a “military” background. (Though he never actually served). That means his weak point is the economy. Well look what happened. Military stength alone means nothing, because MONEY IS POWER.

Your thinking is exactly why I can’t stand Dems/Liberal half of the time.

Clinton is the one to blame for the deficit. Did you ever ask why we had a 127 Billion dollar surplus during his time in office? It was because he basically forced banks to lend money to people who normally wouldn’t have been able to get it. This stimulated the economy greatly in the short term. However, the failure was to see the long term effects. All of those people who took out loans and spent it were no longer paying the loans back. Sending the country sinking quickly into debt.

You also realize Obama has spent countless more dollars than GWB correct?

This country needs people who are willing to fight for the working class, and what I mean by that is anyone who is not freeloading, rich or poor.

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