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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.
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 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
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...
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"?
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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