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Old 12-02-2012, 02:32 PM
 
Location: The Brat Stop
8,353 posts, read 5,985,125 times
Reputation: 2279

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Quote:
Originally Posted by Wapasha View Post
They only "get it" when republicans are in control. Don't you remember that the democrats called Bush unpatriotic and irresponsible for spending $4 trillion over eight years? They referred to him as "spending like a drunken sailor" when he had deficits of 300 billion a year.

Now that the democrats and 0bama are in control, they want to close their eyes to his spending, and hand him a blank check to run up the debt without congressional purview.
Back up wapasha, where were the republicans screaming for balanced budgets from 2000 to 2008? Let's talk about closed eyes for a minute.
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Old 12-02-2012, 02:39 PM
 
Location: Palo Alto
12,172 posts, read 7,036,737 times
Reputation: 4175
Quote:
Originally Posted by NoJiveMan View Post
Back up wapasha, where were the republicans screaming for balanced budgets from 2000 to 2008? Let's talk about closed eyes for a minute.
I was screaming, and I voted for Bush twice.
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Old 12-02-2012, 02:41 PM
 
Location: Littleton, CO
20,894 posts, read 13,645,039 times
Reputation: 3949
Quote:
Originally Posted by Mr.XXX View Post
Either the left are complete morons or they're hoping to wipe out capitalism...
Why is it that conservatives seem pathologically incapable of counting higher than two?

Those are not the only possibilities.

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Old 12-02-2012, 02:46 PM
 
Location: The Brat Stop
8,353 posts, read 5,985,125 times
Reputation: 2279
Quote:
Originally Posted by TrapperJohn View Post
I was screaming, and I voted for Bush twice.
I doubt it.

Conservatives are only conservative when the President is a Democrat, and my post was aimed at another member, not you in particular, unless you're fishing for a response.

During the period between 2000 to 2008, I didn't hear anyone say a word about balancing the budget.
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Old 12-02-2012, 02:58 PM
 
Location: Palo Alto
12,172 posts, read 7,036,737 times
Reputation: 4175
Quote:
Originally Posted by NoJiveMan View Post
I doubt it.

Conservatives are only conservative when the President is a Democrat, and my post was aimed at another member, not you in particular, unless you're fishing for a response.

During the period between 2000 to 2008, I didn't hear anyone say a word about balancing the budget.
Doubt away, but I was screaming. I was also against the Patriot Act.

And you realize that the deficits under Obama make Bush look an amateur. And we were at war.
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Old 12-02-2012, 03:28 PM
 
Location: Sarasota FL
6,860 posts, read 9,279,877 times
Reputation: 6565
If you don't pay income tax, why would you be concerned that the U.S. Treasury pays out $1.2 billion a day for interest payment on the debt? The deficit spending adding to the debt is buying a phone for you.
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Old 12-02-2012, 03:33 PM
 
Location: Old Bellevue, WA
18,794 posts, read 14,261,979 times
Reputation: 7950
Per taxpayer is a better metric than per citizen. There are about 140 million income tax filers (latest year turned up from a google search was 137 million in 2009). Only 53 percent of filers pay anything, so that means only 74 million federal income taxpayers.

$16 trillion debt translates to about $216,000 per taxpayer. OMB projects continued deficits of around 1.2 billion until 2016, which would put us at $270,000 per taxpayer by 2016. You didn't know you had two mortgages, did you?
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Old 12-02-2012, 03:37 PM
 
Location: Littleton, CO
20,894 posts, read 13,645,039 times
Reputation: 3949
Quote:
Originally Posted by wutitiz View Post
Per taxpayer is a better metric than per citizen.
Neither is a meaningful metric.
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Old 12-02-2012, 04:04 PM
 
Location: The Brat Stop
8,353 posts, read 5,985,125 times
Reputation: 2279
Quote:
Originally Posted by TrapperJohn View Post
Doubt away, but I was screaming. I was also against the Patriot Act.

And you realize that the deficits under Obama make Bush look an amateur. And we were at war.
And you realize America went from 2000 to 2008 w/o a balanced budget.
And you also realize that government revenues are at 1950's levels?

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Old 12-02-2012, 04:51 PM
 
Location: Old Bellevue, WA
18,794 posts, read 14,261,979 times
Reputation: 7950
Quote:
Originally Posted by NoJiveMan View Post
And you realize America went from 2000 to 2008 w/o a balanced budget.
And you also realize that government revenues are at 1950's levels?

Way off. Revenue was $602.8 billion in 1957, inflation adjusted. Estimated revenue for 2012 is about $2.08 trillion. And if you adjust the 602 billion for population growth, you still get only about $1.1 trillion.

Revenue was down about 10% after 2008 but in 2012 is back up to about $2.09 trillion. That's just about where it was in 2002.

Historical Federal Receipt and Outlay Summary
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