The democrats dawdled in passing a budget just before the 2010 elections, expecting to retain their majority. It was a miscalculation, because just as soon as the Tea-party-influenced Republicans got control of the House, they have stymied all subsequent attempts.
the slowness recovery is due to the housing bust. the only fast fix to that is swift and deep gov absorption of the losses---the gop would never consider it, so a slow recovery it will be. you can cut taxes and spending and it would still be slow (really it would be slower). consumers drive a chunk of the economy and consumers are in massive debt.
The point, that you missed, is that the democrats dawdled on the budget in 2010. Since then the Republicans have blocked budgetary compromises.
Again you have no point b/c your origonal response attacked the RePubes. Being that you know the Democrats are no better on this subject, you are really speaking out of your ass and pointing the finger at yourself.
No the only way to work it out is to let it work out naturally. What you advocate is a general cancellation of debt. Bubbles need to be absorbed by the natural growth of an economy. Yes that is hard hearted but if you don't work out a bubble totally you only create another one quickly. That is just what we have been doing the last 20 or more years the government cushioning bubbles and not etracting pain from the society (not individuals) encouraging the net one. We have had bubbles and busts since Tulips. Hell the Spanish even went broke from a gold bubble. They are a natural result of the dynamic of a market economy.
