Golddore68 wrote: Congrats, Democrats and liberals on Vandymania. Obama won re-election.
So when the national economy is bankrupted in 2014 by Obamacare (which will cost trillions more than what Obama has predicted) and small businesses go out of business, causing massive unemployment and another huge recession -- will Obama continue to blame Bush?
First, considering that Romney wanted to keep the more popular provisions of the ACA, while eliminating the provisions necessary to pay for it, this seems like a rather pathetic attempt to regurgitate a failed talking point.
Second, I'm not sure how Romney's plan to decrease taxes would have staved off your doomsday scenario, but that seems obvious enough that I'll leave it alone.
Accepting your doomsday scenario for a moment, if the country is bankrupted by 2014, it's far more likely to stem from the costs of two "off the books" wars, rising medicare costs (along with an aging baby boomer population), or rising social security costs (see: same). I'm rather confident Obama will try to trim military spending somewhat, but have little confidence in changes to the other two.
Personally, I'd like to see an increase in the age requirements for these programs seems like a no-brainer, but that does not seem to be on the table. I'd also like to see a decrease in spending on end-of-life care for the elderly, but after the "death panel" fiasco I doubt that will ever be on the table again either.
What are your thoughts? Are you aware of GOP plans to address the national debt? For now, the closest thing that I heard to fiscal responsibility is Obama's plan to increase taxes on the wealthy, while decreasing military spending on antiquated assets. In addition to his non-repeal of the ACA, Romney seemed to be advocating lower taxes, increased military spending, and a reduction in funding to PBS. That probably won't get us back to where we were under Clinton, before Bush obliterated the federal budget with Iraq.