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Old 03-21-2012, 06:23 AM
 
Location: Chicagoland
41,314 posts, read 38,484,167 times
Reputation: 7106

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That's 8 years versus 3 (well, 4 really).

Remember in 2008 we were told it was unpatriotic to increase the debt by $4 Trillion.

National Debt has increased more under Obama than under Bush - Political Hotsheet - CBS News

Quote:
(CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.

The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.
I know, I know, it was all Bush's fault.

A MOUNTAIN of debt under obama.


"Mountain of Debt" - YouTube

"I don't want to wake up in four years from now and find out our children's future was mortgaged by another mountain of debt"

Here's something to look forward to;

If obama is re-elected, the debt will be $20 + Trillion in 2016, an 87% INCREASE.

Last edited by sanrene; 03-21-2012 at 06:38 AM..
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Old 03-21-2012, 07:49 AM
 
22,770 posts, read 25,197,665 times
Reputation: 14506


if you want to talk about mortgaging your children's future -- then you seem to have conveniently omitted the other, much larger $50 trillion+ mountain. Try incorporating that into your "Analysis."
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Old 03-21-2012, 11:10 AM
 
23,851 posts, read 19,152,646 times
Reputation: 9377
Where will the money come from to repay this debt?
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Old 03-21-2012, 11:11 AM
 
6,899 posts, read 6,376,334 times
Reputation: 2013
Quote:
Originally Posted by AeroGuyDC View Post
Where will the money come from to repay this debt?

The same place they got it from to pay for the wars and contributing to foreign nations I guess.
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Old 03-21-2012, 11:20 AM
 
1,310 posts, read 907,345 times
Reputation: 829
Quote:
Originally Posted by AeroGuyDC View Post
Where will the money come from to repay this debt?
The Fed.

Hyperinflation will occur. Once that happens, all bets are off.
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Old 03-21-2012, 11:30 AM
 
1,027 posts, read 1,027,102 times
Reputation: 871
This is why it is imperative that Obama gets another term.

If one of the Republican clowns running for president somehow ended up in the White House, the national debt will skyrocket exponentially as they push for more tax cuts for the rich and increased defense spending. GOP chickenhawks will then push for war against Iran, which will cost another $1 trillion. And then say goodbye to the economic recovery, and say hello to yet another GOP depression.

This election is far too important to our nation's future to hand over to the GOP. We must mobilize and get out the vote for Obama for another 4 years!
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Old 03-21-2012, 11:32 AM
 
Location: Chicagoland
41,314 posts, read 38,484,167 times
Reputation: 7106
Quote:
Originally Posted by TheFix View Post
This is why it is imperative that Obama gets another term.

If one of the Republican clowns running for president somehow ended up in the White House, the national debt will skyrocket exponentially as they push for more tax cuts for the rich and increased defense spending. And say hello to another GOP depression.
Uh....what do you think is happening under obama? An 87% increase in the debt if he gets two terms.
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Old 03-21-2012, 11:33 AM
 
1,027 posts, read 1,027,102 times
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Quote:
Originally Posted by sanrene View Post
Uh....what do you think is happening under obama? An 87% increase in the debt if he gets two terms.

And an increase of 200% if Flip-Flop Romneyturd, Spewt, or Saint Santo gets in. No thanks!
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Old 03-21-2012, 11:34 AM
 
Location: NC
6,034 posts, read 7,189,495 times
Reputation: 6328
Quote:
Originally Posted by TheFix View Post
This is why it is imperative that Obama gets another term.

If one of the Republican clowns running for president somehow ended up in the White House, the national debt will skyrocket exponentially as they push for more tax cuts for the rich and increased defense spending. GOP chickenhawks will then push for war against Iran, which will cost another $1 trillion. And then say goodbye to the economic recovery, and say hello to yet another GOP depression.

This election is far too important to our nation's future to hand over to the GOP. We must mobilize and get out the vote for Obama for another 4 years!
Awesome analysis..... So cutting spending shouldn't be considered?
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Old 03-21-2012, 11:35 AM
 
Location: North America
18,321 posts, read 11,617,677 times
Reputation: 7597
Quote:
Originally Posted by le roi View Post

if you want to talk about mortgaging your children's future -- then you seem to have conveniently omitted the other, much larger $50 trillion+ mountain. Try incorporating that into your "Analysis."

Uh, ohhh.....

I think Sanrene's head just exploded...
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