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Rich, Obama actually has reduced the DEFICIT, but no where near balanced the budget. Government has certainly"bought a lot of houses" that it hasn't even tried to pay for! In fact the FED. has bought bad debts from financial manipulators.
It is reasonable to acquire debt in emergencies if there is a will and means to pay the interest and the principal over a reasonable time. Running a budget deficit only increases the interest paid and is really unsustainable.
Posted by krlklar
I guess you posted your complaints about Bush running with a deficit? I sincerely doubt it. Bush was handed a surplus. What did he do with it? Imagine if Obama had been handed a surplus?
Posted by chasky
Look. Kirk suffers from what I call selective blindness. His posts are becoming redundant, he blames everything on the Tax system, He dreams that if the tax system was different everything else that is happening in this country would be resolved. He sees only the negatives in everything in life. and unfortunately, can't see any of the positives. I am pretty sure that he is a very good man, but in my eyes, he is blind.