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Old 11-16-2011, 06:35 PM   #11
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Default Re: USA Today: National Debt OVER 15 Trillion

Quote:
Originally Posted by KDPPatsfan85 View Post
... republicans think that its SPENDING thats the problem. ..
Now you're talking out both sides of your mouth -- and ignoring facts.


Quote:
Originally Posted by KDPPatsfan85 View Post
... They arent paying taxes at all or contributing to society AT ALL ...
That is false.


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... ... Illegals are not people, ...
but this, really, says it all
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Old 11-16-2011, 07:14 PM   #12
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Default Re: USA Today: National Debt OVER 15 Trillion

A brief history of American Debt..

Quote:
Under President Ronald Reagan: 17 debt ceiling hikes from $935 billion to $2.8 trillion

Debt ceiling increased $1.865 trillion -- an average of $109.7 billion each hike.

Under the first Bush administration: six debt ceiling hikes from $2.8 trillion to $4.145 trillion

Debt ceiling increased $1.345 trillion -- an average of $224.1 billion each hike.

Under Clinton: four debt ceiling hikes from $4.145 trillion to $5.95 trillion

Debt ceiling increased $1.805 trillion -- an average of $451.25 billion each hike.

Under the second Bush administration: seven debt ceiling hikes from $5.95 trillion to $11.315 trillion.

Debt ceiling increased $5.365 trillion -- an average of $766.4 billion each hike.

Under Obama: three debt ceiling hikes from $11.315 trillion to $14.294 trillion

Debt ceiling increased $3.144 trillion -- $1.048 trillion each hike
What is overlooked here is that Bush created an unfunded liability based on his lies over Iraq... and his contribution is significant.
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Old 11-17-2011, 10:43 AM   #13
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Default Re: USA Today: National Debt OVER 15 Trillion

I know who's fault it is. It's the moron public who's too ignorant, too dumb, and too partisan to understand how ****ed up our government is, and has been, for a couple of generations now. Anyone who thinks this problem started with this administration, or the previous administration, falls into my second sentence. Sure different pols, policies, and administrations add different levels of unsustainability and debt to the bottom line, but our trajectory for decades has been U-N-S-U-S-T-A-I-N-A-B-L-E. We're broke, and the day of reckoning is coming. I hope you're all prepared.
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Old 11-17-2011, 11:03 AM   #14
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Default Re: USA Today: National Debt OVER 15 Trillion

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Fed debt hits $15 trillion; GOP blasts Obama

6 trillion of the 15 trillion is Obama's fault!!
Math, much like basic logic, isn't your strong suit I see.
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Old 11-17-2011, 11:15 AM   #15
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Default Re: USA Today: National Debt OVER 15 Trillion

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I know who's fault it is. It's the moron public who's too ignorant, too dumb, and too partisan to understand how ****ed up our government is, and has been, for a couple of generations now. Anyone who thinks this problem started with this administration, or the previous administration, falls into my second sentence. Sure different pols, policies, and administrations add different levels of unsustainability and debt to the bottom line, but our trajectory for decades has been U-N-S-U-S-T-A-I-N-A-B-L-E. We're broke, and the day of reckoning is coming. I hope you're all prepared.
Debt % change during presidency:

Carter- 42 (10.6/yr)
Reagan- 189 (23.6/yr)
Bush I- 55.6 (13.9/yr)
Clinton- 36 (4.4/yr)
Bush II- 89 (11.1/yr)
Obama- 34 (13.6/yr)

Not blaming anyone. Just saying that it looks like someone...not saying any names...was a bit of a big spender. Ohhhhh, how I wish for the good old days when the USA and the CCCP had a nice, tidy cold war going and everyone else was scared *****less of the both of us.

Is it still OK to blame past mistakes on past presidents or is everything still Obama's fault and responsibility?
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Old 11-17-2011, 11:31 AM   #16
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Default Re: USA Today: National Debt OVER 15 Trillion

Let's not forget that traditional wisdom tells us that you do not start a war and lower taxes at the same time.

Only once before Bush has that happened....and that was by JFK in the very early years of Viet Nam - long before the extent of our involvement there was fully known.

Traditionally taxes are raised in times of war - because most reasonably intelligent people understand that wars are costly business and you will need increased revenue to pay for them.
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Old 11-17-2011, 12:09 PM   #17
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Default Re: USA Today: National Debt OVER 15 Trillion

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Debt % change during presidency:

Carter- 42 (10.6/yr)
Reagan- 189 (23.6/yr)
Bush I- 55.6 (13.9/yr)
Clinton- 36 (4.4/yr)
Bush II- 89 (11.1/yr)
Obama- 34 (13.6/yr)

Not blaming anyone. Just saying that it looks like someone...not saying any names...was a bit of a big spender. Ohhhhh, how I wish for the good old days when the USA and the CCCP had a nice, tidy cold war going and everyone else was scared *****less of the both of us.

Is it still OK to blame past mistakes on past presidents or is everything still Obama's fault and responsibility?
That's too simplistic a way to look at debt. You really need to look at the specific policies, there effects, what entitlements meant, as well as the conditions at the time. I think there is a graph somewhere that shows a correlation between our debt, and the eleimination of the gold standard. I might be wrong, but I thought it showed a spike thereafter. That or maybe it was some other policy that resulted in the spike.
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Old 11-17-2011, 01:28 PM   #18
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Default Re: USA Today: National Debt OVER 15 Trillion

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Debt % change during presidency:
Whenever someone starts talking about "percentage change" that immediately should sound warning alarms that the person is going to present some jury rigged statistics.
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Old 11-17-2011, 02:21 PM   #19
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Whenever someone starts talking about "percentage change" that immediately should sound warning alarms that the person is going to present some jury rigged statistics.
When have I ever done that? That's a false statement. Do you think there is no such thing as pct. change or a valid use for it? Why bother with such a throw-away post?

I was surprised to find the stats and forgot to provide a source link.
http://www.skymachines.com/US-Nation...ental-Term.htm

All I did was notice something in a table. The numbers for Bush were surprisingly good overall until the economy crashed in his last year. I was surprised how well Clinton did. And when I say those names, I understand the myriad of factors internally and externally which influence the debt. Only a complete and utter fool would not recognize that the national debt should NEVER be directly and exclusively the fault of one individual. Such fools need to see things in a bigger picture.

Lucky for me neither you nor anyone else had anything to offer in the way of an arguement...so I win!
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Old 11-17-2011, 02:32 PM   #20
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When have I ever done that? That's a false statement. Do you think there is no such thing as pct. change or a valid use for it? Why bother with such a throw-away post?

I was surprised to find the stats and forgot to provide a source link.
http://www.skymachines.com/US-Nation...ental-Term.htm

All I did was notice something in a table. The numbers for Bush were surprisingly good overall until the economy crashed in his last year. I was surprised how well Clinton did. And when I say those names, I understand the myriad of factors internally and externally which influence the debt. Only a complete and utter fool would not recognize that the national debt should be directly and exclusively be the fault of one individual. Such fools need to see things in a bigger picture.

Lucky for me neither you nor anyone else had anything to offer in the way of an arguement...so I win!
yeah, that's pretty ridiculous, even for wolfie -- he don't like dem dere "percentages" -- how can you trust 'em?
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