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Why are you trying to deflect the topic to Bush, Bush was president 4 years ago. He's ancient history, this topic is about Obama and the extraordinary increases in spending under his administration.
Having said that if you're going to fault Bush for increasing spending $3,788 billion over 2001 levels then certainly you should have greater concerns about Obama increasing the spending over 2001 levels too $9,280 billion.
The difference is - Obama increased the deficit during a time of economic crises. In fact, a MAJOR part of the increase in the deficit had NOTHING to do with INCREASED SPENDING. It had to do the major DECREASE in REVENUE because of the economic collapse of 2008. Bush increased the deficit at a time when he SHOULD have been PAYING IT DOWN they way CLINTON DID - instead, he ran it up and then left a HUGE mess for his successor.
The difference is - Obama increased the deficit during a time of economic crises. In fact, a MAJOR part of the increase in the deficit had NOTHING to do with INCREASED SPENDING. It had to do the major DECREASE in REVENUE because of the economic collapse of 2008. Bush increased the deficit at a time when he SHOULD have been PAYING IT DOWN they way CLINTON DID - instead, he ran it up and then left a HUGE mess for his successor.
Ken
Clinton didn't pay it down. When you borrow from SS, (btw -an off budget fund not included in the general fund), you still have to pay what you borrowed back. Intra government debt rose. The debt rose. That's what matters.
Should Bush have borrowed from SS like Clinton did or was that played out?
national debt when obusha took office: 10.6 trillion
national debt today 16.2 trillion
obama has spent more in (just short of) 4 years than bush spent in 8 years
Well the war is still going so of course the mountain of debt will rise.
About $2 trillion+ of the differing $5.6 T since Obama has been in office is thanks to the war.
Then our defense department has also been getting A LOT of expensive new toys. Acquisitions within the last 2 years that is.
All I know is that the budgets Obama has proposed have been about $3.8 T or so. Not a single democrat voted for them when they were brought up to a vote. People can pretend he isn't a big spender but his actions don't support that.
The difference is - Obama increased the deficit during a time of economic crises. In fact, a MAJOR part of the increase in the deficit had NOTHING to do with INCREASED SPENDING. It had to do the major DECREASE in REVENUE because of the economic collapse of 2008. Bush increased the deficit at a time when he SHOULD have been PAYING IT DOWN they way CLINTON DID - instead, he ran it up and then left a HUGE mess for his successor.
Ken
And 9/11 didn't have a negative impact on the economy!!???
The bottom line is BUSH held this country together during it's most troubled times - post 9/11. Love him or hate him he had a singular focus and belief in his actions and that is exactly what this country needed when it was rocked to it's core like never before.
As unpopular as it is to say today in years to come I believe Bush will be seen as a true hero for keeping this country together after the 9/11 attack on our country, on our own soil.
\ Bush increased the deficit at a time when he SHOULD have been PAYING IT DOWN they way CLINTON DID - instead, he ran it up and then left a HUGE mess for his successor.
Clinton had the benefit of the .com bubble, a chimpanzee throwing darts at a dart board to make decisions couldn't have screwed that up. Having said that he didn't pay anything down because the debt continued to increase under him too. In any event this isn't 90's, this isn't the 00's. It's the 10's and that is what needs be discussed and tha fact remains under the Obama administration spending is at unprecedented levels. Let's just put this into context, if you go back to 44 and 45 during WW2 we're spending 1 trillion a year in 2005 dollars. Now we're up to 3.2 trillion sand WH estimates put it at more than 3.5 trillion by the time Obama is done.
You can't tell these people the truth. They run back to their echo chambers as quickly as possible.
It goes along with them just being plain stupid. They aren't even low information voters and instead they're no information voters. They get told lie after lie but they believe them all because they're too stupid know the truth when they see it and too lazy to bother to look the truth up but that's the Republican Party's base.
It goes along with them just being plain stupid. They aren't even low information voters and instead they're no information voters. They get told lie after lie but they believe them all because they're too stupid know the truth when they see it and too lazy to bother to look the truth up but that's the Republican Party's base.
Do you think it's fair to state spending under Obama hasn't increased as this article does or are you going to think for yourself and realize they are comparing spending under his administration to the porkulus spending in '09?
Here's the hard numbers, what's your analysis of this:
And 9/11 didn't have a negative impact on the economy!!???
The bottom line is BUSH held this country together during it's most troubled times - post 9/11. Love him or hate him he had a singular focus and belief in his actions and that is exactly what this country needed when it was rocked to it's core like never before.
As unpopular as it is to say today in years to come I believe Bush will be seen as a true hero for keeping this country together after the 9/11 attack on our country, on our own soil.
Sure, 9/11 had an impact on the economy - but NOTHING like the collapse of 2008. During the last months of Bush's Presidency we were losing 800,000 jobs/month - 800,000!
In mirrorland, the beginning was 2009, whatever happened before that is merely swept under the rug of inconvenient facts. It is how they roll, same crap as their bible contradictions.
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