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Old 04-22-2010, 12:44 PM
 
Location: Long Island
32,832 posts, read 19,555,055 times
Reputation: 9633

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Quote:
Originally Posted by Melvin.George View Post
Seven out of eight times the Democrat's gave Reagan less than he asked for and he ended up quadrupling the national debt from less than $1 trillion to $4.4 trillion.

Bill Clinton had a Republican majority but he still raised taxes mostly on the wealthy and to date has the best fiscal picture during my lifetime which stretches back to the mid 1930's.

You folks are amazing. You just don't understand that the debt quadrupled and then doubled again after Republican tax cuts with half of the benefits going to the upper 1% of taxpayers.

You also don't seem to understand that trickle down never did trickle.
nice spin but not thr truth

yes reagan increased the debt...by almost 3

clinton came into office with the national debt at 3.3 trillion...he left office with the debt at 5.87 trillion....nearly double (3/6)....bush2 increase it from 5.87 to 10.2...again nearly double.....now obama has takem it from 10.2 to 13.5.......in less than 18 months
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Old 04-22-2010, 12:51 PM
 
23,838 posts, read 23,180,399 times
Reputation: 9409
Quote:
Originally Posted by saganista View Post
Well, the complete fiscal failure of Republicans over the past 30 years is a pretty well known phenomenon. Supply-side doesn't actually work. Laissez-faire doesn't actually work. Nothing much that Republicans espouse actually works, and they prove it every time they manage to get themselves elected. They're out there campaigning right now on a platform of not doing anything at all themselves and opposing everything that anybody else tries to do, and that's actually one of the least threatening platforms that they've managed to come up with in years...
This is the first time in a long time (if not history) that the people are bringing the message to the candidate, not the candidate bringing message to the people. The stump now belongs to the people. In contrast, Obama cut down the mightiest hardwood that he could find and hoped that the stump was high enough to resonate with the people. It was high enough, and it did resonate. Those people are now being laughed off the stage because they let a used car salesman sell them soaring rhetoric that no man in this representative democracy could ever achieve. They were hoodwinked to the highest degree.

This time, its the people who own the stump, and they're pushing the leftist apathetic electoral virgins to the side and showing what it REALLY means to push for "change." The lightweights have proven why they're lightweights and can't be trusted with good judgement. You'd be sadly mistaken to believe that the message that's being shouted from the mountaintops won't prevail in 2010 and 2012.
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Old 04-22-2010, 01:14 PM
 
19,198 posts, read 31,530,565 times
Reputation: 4014
Quote:
Originally Posted by hawkeye2009 View Post
If we are talking about debt, I have a simple solution- STOP SPENDING!!!!!!!!!!!!!!!!!!!!!!!!!!! The problem is not the revenue stream, it is the effluent phase. Everyday that the senate and congress work, $8 billion is added to the debt. EVERYDAY! When the government is "shut down", we lose only $100 million everyday. Let the government shut down and save a ton of money until these drunk sailors can cut spending!
Based on 2007 data (still the latest available)...

In these countries, government spending is at least 50% of GDP:
France, Sweden, Denmark, Iceland, Malta, Qatar, Kuwait, Belgium, Norway, Netherlands, Italy, Austria, Finland, Portugal, United Kingdom.

In these countries, government spending is 40-50% of GDP:
Germany, Canada, Spain, New Zealand, Israel, Australia, Ireland, Saudi Arabia.

In these countries, government spending is 30-40% of GDP:
Switzerland, Luxembourg, South Africa, Japan, United Arab Emirates

In these countries, government spending is 20-30% of GDP:
India, Russia, China, Poland

In this country, government spending is less than 20% of GDP:
United States of America
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Old 04-22-2010, 01:18 PM
 
2,958 posts, read 2,567,878 times
Reputation: 584
Quote:
Originally Posted by workingclasshero View Post
nice spin but not thr truth

yes reagan increased the debt...by almost 3

clinton came into office with the national debt at 3.3 trillion...he left office with the debt at 5.87 trillion....nearly double (3/6)....bush2 increase it from 5.87 to 10.2...again nearly double.....now obama has takem it from 10.2 to 13.5.......in less than 18 months
LOL! You Republicans and your own facts. Mr. Obama has a long way to go before he equals the mess made by Reagan and the Bushes. Remember that tax breaks for the wealthy happens to be the common denominator. Look closely. Reagan cut taxes and he and Bush41 quadrupled the national debt. Clinton came along and raised taxes and generated surpluses. Then Slow Walkin, Slow Talkin Bush 43 came along and cut taxes in 2001 and again in 2003 and guess what?? Doubled the national debt again!


Total U S Debt

09/30/2009 $11,909,829,003,511.75
09/30/2008 $10,024,724,896,912.49
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06

09/30/2000 $5,674,178,209,886.86
09/30/1999 $5,656,270,901,615.43
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00
09/30/1981 $997,855,000,000.00

09/30/1980 $907,701,000,000.00
09/30/1979 $826,519,000,000.00
09/30/1978 $771,544,000,000.00
09/30/1977 $698,840,000,000.00
06/30/1976 $620,433,000,000.00
06/30/1975 $533,189,000,000.00
06/30/1974 $475,059,815,731.55
06/30/1973 $458,141,605,312.09
06/30/1972 $427,260,460,940.50
06/30/1971 $398,129,744,455.54
06/30/1970 $370,918,706,949.93
06/30/1969 $353,720,253,841.41
06/30/1968 $347,578,406,425.88
06/30/1967 $326,220,937,794.54
06/30/1966 $319,907,087,795.48
06/30/1965 $317,273,898,983.64
06/30/1964 $311,712,899,257.30
06/30/1963 $305,859,632,996.41
06/30/1962 $298,200,822,720.87
06/30/1961 $288,970,938,610.05
06/30/1960 $286,330,760,848.37
06/30/1959 $284,705,907,078.22
06/30/1958 $276,343,217,745.81
06/30/1957 $270,527,171,896.43
06/30/1956 $272,750,813,649.32
06/30/1955 $274,374,222,802.62
06/30/1954 $271,259,599,108.46
06/30/1953 $266,071,061,638.57
06/30/1952 $259,105,178,785.43
06/29/1951 $255,221,976,814.93
06/30/1950 $257,357,352,351.04
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Old 04-22-2010, 01:25 PM
 
48,502 posts, read 97,056,168 times
Reputation: 18310
Its not teh tax cuts that were unfunded. Its the spending they did and now the democrats are tripling in one year. But the one thign good about it is it will bring much needed change in thsi coutnry that like all thngs must be by disaster because the governamnt is like a kid with a credit card. Until the parents see the bill they are ignorant of whats happening to them.
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Old 04-22-2010, 01:34 PM
 
19,198 posts, read 31,530,565 times
Reputation: 4014
Quote:
Originally Posted by Melvin.George View Post
I find it difficult to believe that someone who can weave a verbiage web like you just did had the time if they happened to be gainfully employed. What happened...did you fall victim to the massive layoffs at the end of the Bush Apocalypse?
LOL. No, I'm supposed to be on leave this week and next, though there was a fairly long teleconference this morning, and another quick one earlier this afternoon. I've actually been trying for some years now to get rid of all this gainful employment. I'm finding that it isn't all as easy as it sounds. Still, I'm now down to two jobs, one of which has been scaled back considerably, so I feel that there is hope yet.
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Old 04-22-2010, 01:41 PM
 
2,958 posts, read 2,567,878 times
Reputation: 584
Quote:
Originally Posted by saganista View Post
LOL. No, I'm supposed to be on leave this week and next, though there was a fairly long teleconference this morning, and another quick one earlier this afternoon. I've actually been trying for some years now to get rid of all this gainful employment. I'm finding that it isn't all as easy as it sounds. Still, I'm now down to two jobs, one of which has been scaled back considerably, so I feel that there is hope yet.
LOL...two jobs and mucho discussion forum.

I worked 41 years for Union Carbide/Martin Marietta and retired in 1993 when I was 59. Damn it's good to be clear of all that obstruction.
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Old 04-22-2010, 01:45 PM
 
19,198 posts, read 31,530,565 times
Reputation: 4014
Quote:
Originally Posted by workingclasshero View Post
clinton came into office with the national debt at 3.3 trillion...he left office with the debt at 5.87 trillion
The public debt at c.o.b. on January 20, 1993, was...
$4,188,092,107,183.60

The public debt at c.o.b. on January 20, 2001 was...
$5,727,776,738,304.64

Quote:
Originally Posted by workingclasshero View Post
bush2 increase it from 5.87 to 10.2
The public debt at c.o.b. on January 20, 2009 was...
$10,626,877,048,913.08
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Old 04-22-2010, 01:48 PM
 
19,198 posts, read 31,530,565 times
Reputation: 4014
Quote:
Originally Posted by AeroGuyDC View Post
You'd be sadly mistaken to believe that the message that's being shouted from the mountaintops won't prevail in 2010 and 2012.
Unfortunately, it seems that even the people who are shouting it have no real idea what that message actually is.
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Old 04-22-2010, 01:57 PM
 
2,958 posts, read 2,567,878 times
Reputation: 584
Quote:
Originally Posted by saganista View Post
Unfortunately, it seems that even the people who are shouting it have no real idea what that message actually is.
Listen to Ann Coulter. That crazy Republican has never told a bare faced lie she didn't love.
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