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<blockquote data-quote="klein" data-source="post: 697662" data-attributes="member: 23950"><p>And here I thought, all the houses were bought while Bush was president.</p><p>Man, was that ever a fast turn over of houses. Obama gets in, starts the housing bubble, and within a month, (before the paperwork and deed are done) the bubble bursted.</p><p>Wow, he is a miracle man , by all means.</p><p> </p><p>Stop spending should have been in place when Bush was in power.</p><p>Opposite to you, Canada ran a budget surplus 11 years in a row, prior to this recession.</p><p>All it takes for us, is to stop the stimulus, and debt repayment begins automatically.</p><p>The US in the other hand, has to figure out , not just how to tackle this new debt, but also how to tackle the last 10 or more years of running a budget deficit. </p><p>Basically, major cuts on it's way.</p><p>Another thing you need to figure out is how to run a trade surplus, that hasn't been possible, either, over the last decade or more.</p><p>And, I don't need to hear the poor excuse, that you can't compete with Asia or Mexico. Germany exports more then any other country in the world !</p><p>(besides the year 2009, China topped them by a little).</p></blockquote><p></p>
[QUOTE="klein, post: 697662, member: 23950"] And here I thought, all the houses were bought while Bush was president. Man, was that ever a fast turn over of houses. Obama gets in, starts the housing bubble, and within a month, (before the paperwork and deed are done) the bubble bursted. Wow, he is a miracle man , by all means. Stop spending should have been in place when Bush was in power. Opposite to you, Canada ran a budget surplus 11 years in a row, prior to this recession. All it takes for us, is to stop the stimulus, and debt repayment begins automatically. The US in the other hand, has to figure out , not just how to tackle this new debt, but also how to tackle the last 10 or more years of running a budget deficit. Basically, major cuts on it's way. Another thing you need to figure out is how to run a trade surplus, that hasn't been possible, either, over the last decade or more. And, I don't need to hear the poor excuse, that you can't compete with Asia or Mexico. Germany exports more then any other country in the world ! (besides the year 2009, China topped them by a little). [/QUOTE]
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