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Old 06-09-2012, 02:40 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,251,465 times
Reputation: 4269

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Quote:
Originally Posted by momonkey View Post
You can't spin the facts and cherry pick numbers on this one because the facts are clear.

Spending, as a percentage of GDP, was never higher than 23.5% when Reagan was president. It has never been lower than 24.1% while Bummer has been in office.

Historical Federal Receipt and Outlay Summary


Using constant dollars, federal spending per capita is currently $11,563.59 per person. The same federal spending (in constant dollars) was just $3,612.08 per person in 1984.


As for deficits, Obama's, as a percentage of GDP, has consistently been 4% higher than Reagan's.
So very right but THEY use a different book to get their numbers from just as they do in naming what jobs are green. I wonder what jobs aren't green according to the Dept. of Labor book of definitions. THEY work it the same way they do deficit numbers. Just a tiny twist here and a small tweak there, and you have good numbers.
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Old 06-09-2012, 02:44 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,251,465 times
Reputation: 4269
Quote:
Originally Posted by florida.bob View Post
Hey, you got something right. In the 6 months he had Dem control, much got done.
See there. bob you stated what may be said by Think Progress, Media Matters, or Kos but they are twisted, spun numbers. You have to understand that the Dems controlled Congress all through 2009 and 2010. Now in the left leaner's book that may be only 6 months but what about the other 18 in those two years?
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Old 06-09-2012, 02:46 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,251,465 times
Reputation: 4269
Quote:
Originally Posted by Yooperkat View Post
Shovel ready.

Obama can't even get something that simple right.
Well he may have been right since THEY do use their own book to define all words and phrases. Shovel ready seemed pretty good to them back then and then he finally admitted that there just weren't any that were shovel ready.
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Old 06-09-2012, 02:48 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,251,465 times
Reputation: 4269
Quote:
Originally Posted by momonkey View Post
What 2006-2007 crash?

United States GDP Growth Rate


4.7% unemployment increased to 5.0%.

Not sure how we survived those dark days back in 2006 and 2007.

US Misery Index - Custom Index by Month


Last I heard, unemployment increased in May.

Employment Situation Summary

It's back up to 8.2%.

That's not change I can believe in.
And that 8.2% is determined by Obama facts which seem to not count all the unemployed who have just given up looking. They dropped them off that month and still the number went back up.
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Old 06-09-2012, 02:50 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,251,465 times
Reputation: 4269
Don't talk in numbers that big, Jon, since they haven't twisted and spun them yet for their followers to discuss. Wait a while for kos to get it done for them.
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Old 06-09-2012, 02:50 PM
 
Location: Unperson Everyman Land
38,647 posts, read 26,361,465 times
Reputation: 12648
Quote:
Originally Posted by buzzards27 View Post
A FACT? REALLY?



Thanks, saved me some time, now I can add DON9 to that list of dependable wingnut posters that post fantasies as FACT.

You do realize Bush only requested 3.1 trillion for FY 2009 and never signed a budget for 2009.

Assigning Obama's 2009 spending to Bush is desperate and fools no one.


Having said that, I make no excuse for Bush requesting $3.1 trillion.

Capping spending at 2005 levels would yield a balanced budget.

I see no reason we can't get by spending only $2.4 trillion.
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Old 06-09-2012, 02:56 PM
 
29,939 posts, read 39,447,879 times
Reputation: 4799
Quote:
Originally Posted by stillkit View Post
Yes, but that's because Reagan was spending us out of the recession, loading us up with debt, a strategy Republican's today won't allow Obama to do. It was fine for them back then, but not now.

Compare: Reagan vs. Obama
Table 7.1—FEDERAL DEBT AT THE END OF YEAR: 1940–2017
Quote:
As Percentages of GDP

Gross Federal Debt

1981 32.5%
1989 53.1%
2008 69.7%
2009 85.2%
2010 94.2%
2011 98.7%
2012 104.8%
2013 107.4%
2014 107.8% - $18,500,000,000,000
Table 7.1—Federal Debt at the End of Year: 1940–2017

Obama, if he gets two terms, will have spent $30.444 trillion dollars (rounded down) over the course of his 8 years. Reagan spent $8.233 trillion. What do you want Obama to spend and how much more do you want him to spend? There's nothing left kiddo.

Table 1.1—Summary of Receipts, Outlays, and Surpluses or Deficits (-): 1789–2017
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Old 06-09-2012, 03:37 PM
 
Location: Florida
77,005 posts, read 47,592,894 times
Reputation: 14806
Quote:
Originally Posted by roysoldboy View Post
Democrats want to cut corporate taxes? I didn't know about that. Please tell me about it.
I just did. They wanted to reduce corporate tax from 35% to 28 and 25%, while removing the loopholes, but republicans refused.

http://www.reuters.com/article/2012/...81K25N20120222

Last edited by Finn_Jarber; 06-09-2012 at 03:46 PM..
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Old 06-09-2012, 03:44 PM
 
Location: Florida
77,005 posts, read 47,592,894 times
Reputation: 14806
Quote:
Originally Posted by roysoldboy View Post
And Obama shot us with more than either of them did. How do you account for all that?
Well, I think you struggle with basic math. If the debt was 11 trillion when he took office, and if you say he has spent more than all presidents before him combined, then he would have had to spend at least 11 trillion, and 11+11=22. But he has not spent 11 trillion, has he.

Besides, the whole "spending increase" is a myth, because the debt can increase quickly even when spending has not increased. The facts prove that Bush increased spending by 17% on average, but Obama is in single digits, and this year the spending is actually decreasing. The increase in spending is at it's lowest in 60 years.
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Old 06-09-2012, 04:04 PM
 
5,113 posts, read 5,969,382 times
Reputation: 1748
Quote:
Originally Posted by nullgeo View Post
Gee, Don, guess it's not just me thinks you're nuts ...

I was going to respond and debunk your post ... But I see others are johnny-on-the-spot ... So no need for me to point you back adjusting dollars for inflation of referring you to debunk sources like Politi-Fact, etc for in-depth analysis (which you don't much care for anyway) ...

But you are a boat nut too ... And that's what really counts
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