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Yeah, you cons count money lent from one part of the government to another part as a deficit when it isn't.
FAIL, the national debt climbed EVERY SINGLE YEAR, even excluding intragovernmental borrowing. You can ignore facts, but that doesnt make you sound very intelligent on whats being discussed.
When Clinton took office unemployment was at 7.5%, it dropped to 4.2% because of tax cuts and spending cuts..
So either you are saying Bush has since raised taxes under his watch if you are saying we should go to Clinton era taxes or you are saying that lowering taxes even further than the Clinton era taxes because if those tax cuts worked, more tax cuts would be better? If that is the case, why tax at all? Wouldn't that mean the country would grow like crazy?
Nothing wrong with wanting to raise taxes back to Clinton era tax cuts because they clearly worked.
Wow! $16trillion.... Yep, something like $10trillion attributable to Repubs and $6trillion attributable to Dems. I think there is culpability on both sides, what do you think? Never mind, I really don't care what you think.
When Clinton took office unemployment was at 7.5%, it dropped to 4.2% because of tax cuts and spending cuts..
Clinton raised taxes in 1993, and the GOP said it would cause a recession. It didn't.
Quote:
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes. Forbes
Capital gains wasn't lowered until 1997.
Looking at the above chart, does anyone think that lowering capital gains taxes in 1997 had anything to do with unemployment falling throughout the period 1992-2000?
Obama racked-up more debt in less than 4 years than Bush did in 8.
We are still adding to Bush's debt impact. We will be until the recovery is completed and that may take more than just 8 years of Prez Obama. Or, if Michelle runs in 2016, 8 more years of a Prez Obama. Hmmm...
We are still adding to Bush's debt impact. We will be until the recovery is completed and that may take more than just 8 years of Prez Obama. Or, if Michelle runs in 2016, 8 more years of a Prez Obama. Hmmm...
Or just overthrow the government and make Obama dictator for life.
Then his daughters can grow up and take over the "throne".
Those of you that don't agree. Why dont you read up on the facts of how much debt we are in.
Don't you care about the U.S. if you are living here? You truly should- it is your future after all. Whether you want to believe it or not- it is an absolute fact that Obama has put us more in debt in 4 years than any other president ever has.
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