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Old 10-25-2010, 10:01 AM
 
5,346 posts, read 4,046,385 times
Reputation: 545

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Government - Historical Debt Outstanding - Annual 2000 - 2010

Date Dollar Amount

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
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Old 10-25-2010, 10:06 AM
 
33,387 posts, read 34,832,973 times
Reputation: 20030
wrong as usual. we are NOT ignoring the fact that the debt was doubled under bush, it is the democrats that are ignoring the fact that the debt has gone up $3 trillion in 20 months under obama, and that obamas spending plans will increase the debt by $1 trillion PER YEAR for the next ten years. obama got in office by claiming that the policies of the bush administration were unsustainable, and that he was going to be fiscally responsible. well the policies of the obama administration are truly unsustainable, and this administration is so far from fiscally responsible, he makes bush seem like a piker.
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Old 10-25-2010, 10:10 AM
 
Location: Brambleton, VA
2,186 posts, read 7,943,480 times
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The even "funnier" thing is that Obama said that there would be no extra spending, no new spending and that spending freezes would be enacted for civilian agencies, yet the deficit is increasing at a rapid rate. Guess someone does believe that money grows on trees and that my generation and those after it can somehow find enough money to pay for previous generations thinking that way.
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Old 10-25-2010, 10:15 AM
 
5,346 posts, read 4,046,385 times
Reputation: 545
Quote:
Originally Posted by rbohm View Post
wrong as usual. we are NOT ignoring the fact that the debt was doubled under bush, it is the democrats that are ignoring the fact that the debt has gone up $3 trillion in 20 months under obama, and that obamas spending plans will increase the debt by $1 trillion PER YEAR for the next ten years. obama got in office by claiming that the policies of the bush administration were unsustainable, and that he was going to be fiscally responsible. well the policies of the obama administration are truly unsustainable, and this administration is so far from fiscally responsible, he makes bush seem like a piker.
Quote:
Originally Posted by Alley01 View Post
The even "funnier" thing is that Obama said that there would be no extra spending, no new spending and that spending freezes would be enacted for civilian agencies, yet the deficit is increasing at a rapid rate. Guess someone does believe that money grows on trees and that my generation and those after it can somehow find enough money to pay for previous generations thinking that way.
Wrong... The National Debt has actually started to go down under Obama... The republicans are simply choosing to ignore it...
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Old 10-25-2010, 10:18 AM
 
Location: Long Island
32,816 posts, read 19,478,139 times
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wrong they dont ignor it.

but the liberals sure ignore that the debt almost doubled under clinton fron 3.6 trillion to 5.87 trillion

or that obama has added 3.5 trillion in less than 2 years

or that the debt went from 8.7 trillion when the liberals took over to the current 13.6 trillion
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Old 10-25-2010, 10:24 AM
 
33,387 posts, read 34,832,973 times
Reputation: 20030
Quote:
Originally Posted by HC475 View Post
Wrong... The National Debt has actually started to go down under Obama... The republicans are simply choosing to ignore it...
started to go down under obama? where did you learn math? sorry i didnt realize that $13.5 trillion is lower than $10.2 trillion.........


IN FANTASY LAND WHERE YOU LIVE.

you might want to check this out;

U.S. National Debt Clock : Real Time
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Old 10-25-2010, 10:25 AM
 
5,346 posts, read 4,046,385 times
Reputation: 545
Quote:
Originally Posted by rbohm View Post
started to go down under obama? where did you learn math? sorry i didnt realize that $13.5 trillion is lower than $10.2 trillion.........


IN FANTASY LAND WHERE YOU LIVE.

you might want to check this out;

U.S. National Debt Clock : Real Time
The rate of the National Debt is decreasing...
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Old 10-25-2010, 10:27 AM
 
6,565 posts, read 14,293,678 times
Reputation: 3229
Quote:
Originally Posted by rbohm View Post
wrong as usual. we are NOT ignoring the fact that the debt was doubled under bush, it is the democrats that are ignoring the fact that the debt has gone up $3 trillion in 20 months under obama, and that obamas spending plans will increase the debt by $1 trillion PER YEAR for the next ten years. obama got in office by claiming that the policies of the bush administration were unsustainable, and that he was going to be fiscally responsible. well the policies of the obama administration are truly unsustainable, and this administration is so far from fiscally responsible, he makes bush seem like a piker.
But correct me if I'm wrong (all you Laissez-Faire Capitalist Conservatives feel free to chime in here), isn't the way this is SUPPOSED To work is that you borrow during the dips in the economy and pay back during the booms?

So according to Capitalist Dogma which we shan't ne'er stray from, Obama (the Socialist Devil-Pig) is doing what any true capitalist would do in defecit spending during a crisis, while Bush basically strayed from the ideal in having a spend-fest that somehow doubled our defecit during what we call "good economic times"....

Some here like to throw the term "hypocrisy" around, and yet.... How does this happen under the watch of the Republicans when clearly we should not be running a defecit during an "economic boom"?
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Old 10-25-2010, 10:29 AM
 
69,368 posts, read 64,096,009 times
Reputation: 9383
Quote:
Originally Posted by HC475 View Post
Wrong... The National Debt has actually started to go down under Obama... The republicans are simply choosing to ignore it...
You did not just go there...
Tell me where the national debt has gone down..
First as a % of GDP.. When did it start to skyrocket?


ANSWER: When DEMOCRATS took over Congress

Now who increased the federal deficits per $ figure


Again.. DEMOCRATS..

Note the SHARP INCREASE in spending soon as Democrats took over Congress
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Old 10-25-2010, 10:29 AM
 
Location: Florida
76,975 posts, read 47,615,131 times
Reputation: 14806
Quote:
Originally Posted by HC475 View Post
Government - Historical Debt Outstanding - Annual 2000 - 2010

Date Dollar Amount

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
They also forget that Bush's TARP was added to Obama's numbers. As you can see, Bush's numbers end in Oct 1 2008, but he still spent another 1 trillion after that.
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