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I'd like to see you link that shows the debt was 11 trillion in 2008 and only 12 trillion after one year of 0bama.
I'd like to see you show a link proving how the debt went up 40% last year. Quit bickering over some decimals, and prove the point you are trying to defend.
There isnt one projection that doesnt have Obama outbeating Bushs deficits in every year.. 20%, 40%.. at some point does the total matter except for the fact that Obama would have outbushed Bushs' 8 years worth of debts in only 2?
Quote:
Originally Posted by Finn_Jarber
Quit bickering over some decimals, and prove the point you are trying to defend.
There isnt one projection that doesnt have Obama outbeating Bushs deficits in every year.. 20%, 40%.. at some point does the total matter except for the fact that Obama would have outbushed Bushs' 8 years worth of debts in only 2?
I'd like to see you follow your own advice..
A claim was made that Obama increased the national debt by 40% last year. Since you have chosen to defend that claim, I'd like you to show us the math.
A claim was made that Obama increased the national debt by 40% last year. Since you have chosen to defend that claim, I'd like you to show us the math.
I didnt choose to defend that claim. I posted actual figures PERIOD!!
Congress has just raised our debt ceiling by $1.9T, because they HAD TO, because this administration has COMMITTED, THIS YEAR - to spending that WILL drive our national debt over $14T.
That would equate in general terms to increasing our debt by approximately 40%. Just because the debt hasn't reached that figure YET means nothing.
I'd like to see you show a link proving how the debt went up 40% last year. Quit bickering over some decimals, and prove the point you are trying to defend.
I was not taking part in arguing about the 40%, I just did not remember the debt being so close to $11 trillion in 2008, I thought it was $10-something.
The points I'm defending are:
#1 What were the policies that Bush enacted to cause the economy to falter? he was no economist, and Greenspan and Bernanke told him everything was just dandy, the housing market and the banking system were stable... until everything fell apart.
#2 That the Bush TARP bill appears to have played a part in preventing a worse economic collapse - it was not the stimulus bill.
The 0bama stimulus was a disorganized, hodgepodge of earmarks and special interest paybacks. It was ineffectual at best, and a total waste. How many billions of dollars were wasted just to give people $40 extra in their paycheck?
Eight years of deregulation, anti union action and exporting jobs
(not to mention sitting on your hands as the whole sh**house went up in flames)
and suddenly a small but vocal group of people are trying to turn us against Obama ... because he hasn't cleaned up the mess fast enough!?
The nerve of some people!
Grab a mop Congressional Republicans!
... and quit standing on the sidelines complaining
about the economy not being resuscitated fast enough!
Denial ain't just a river in Egypt, it's also a Republican identity.
Can't blame bush for all tho, dems bought into the reganomics experiment hook line and sinker too. We allowed deregulation to go too far and we're paying dearly for those mistakes. Apparently R's aren't willing to admit culpability or help out in the cleanup because they mean to continue marching off a cliff. Let them march alone.
Eight years of deregulation, anti union action and exporting jobs
(not to mention sitting on your hands as the whole sh**house went up in flames)
and suddenly a small but vocal group of people are trying to turn us against Obama ... because he hasn't cleaned up the mess fast enough!?
The nerve of some people!
Grab a mop Congressional Republicans!
... and quit standing on the sidelines complaining
about the economy not being resuscitated fast enough!
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