Americans are smarter than you think: They blame Bush for Bad Economy (Reagan, how much)

[Cindy_Jole]

Wow, biased poll much?

[workingclasshero]

Originally Posted by AONE

The clear facts are Bush inherited a budget surplus and immediately he reversed it and took us from 3t in debt to 10.5T. Our interest payments for a day would be more than enough to retire in style.

false, bush inherited a 5.87 trillion dollar debt from ALL previous admins

what surplus

Fiscal
Year........ YearEnding.... ..National Debt.......... Deficit

FY1994.... 09/30/1994.... $4.192749 trillion.... $281.26 billion
FY1995.... 09/29/1995.... $4.973982 trillion.... $281.23 billion
FY1996.... 09/30/1996.... $5.224810 trillion.... $250.83 billion
FY1997.... 09/30/1997.... $5.413146 trillion.... $188.34 billion
FY1998.... 09/30/1998.... $5.526193 trillion.... $113.05 billion
FY1999.... 09/30/1999.... $5.656270 trillion.... $130.08 billion
FY2000.... 09/29/2000.... $5.674178 trillion.... $17.91 billion
FY2001.... 09/28/2001.... $5.870463 trillion.... $133.29 billion




so here is the question


IF there was a surplus.for 2-3-4 years...........why did the DEBT go from 3.9 trillion to 5.87 trillion????????????????????????


the FACT is that the clinton/newt budgets had a PROJECTED surplus..for "on-budget"...but the "off-budget" spending brought a DEFICIT


an example that even you could follow:

you earn (after taxes) 60k...you BUDGET 58k..you have a PROJECTED SURPLUS of 2k.....during the year your transmission on your car goes...1k...your washer/dryer bust...2k..and you DECIDE to buy a bigscreen ty...2k.....you have now gone from a 2k PROJECTED surplus to a 3k DEFICIT


the simple FACT is clinton never had a real surplus...

you have to remember OFF BUDGET spending is not SHOWN on the budget...like all the floods currently happening in the midwest...or the money to haiti and pakistan.......all OFF BUDGET..all increase the debt

[HappyTexan]

The Dems think there was a surplus because Clinton robbed the SS Trust Fund and "borrowed" that money to put in the General Fund.

Basically borrow 100% from your 401K, put it in your savings account and call yourself "flush".

[MotleyCrew]

Bush doubled the debt in 8 years and spent too much money with the blessings of the democrats, but Obama has done far more damage in 30 months and does that not make you ponder what the debt will be if he serves a full 8 years?

[renault]

Americans are smarter than you think: They blame Bush for Bad Economy

This confirms my belief that most Americans are uneducated.

[Bulldogdad]

I blame people like NewYorkGuy for blindly following their liberal masters off the edge of the political cliff.

Epic fail of a poll.

[Donna-501]

Originally Posted by AONE

many of the expenses we face today area result of the direction we were pointed in under Bush....

The war

Medicare part D

Wall street bailout.

these are but a few items that pointed us in a downward spiral. The economy was left as it was imploding on itself and Repugs want to blame the new guy in town like he had much to do with it..

As an economy in general we spend our way out of depression.
many say Obama should have let the car industry collapse but they fail to realize how many people would have been left jobless. Then in order to buy cars we would have been buying foreign and tilted our balance of trade in the worse way.

So Obama saved the auto industry and it cost a relatively small investment yet millions of jobs were saved and had it been left to fail you would have asked where are our jobs... kind of like is being done anyway.

He stabilized the housing market... which you recall was also imploding. While it isn't perfect it is a far better picture than it was in 2008. With more stringent lending policies implemented many of the borrowers have quickly repayed the funds.

The clear facts are Bush inherited a budget surplus and immediately he reversed it and took us from 3t in debt to 10.5T. Our interest payments for a day would be more than enough to retire in style.

He pointed our economy towards ruination and people in an attempt to discredit Obama want to blame him... please anyone with a brain knows where this blame lies. While I don't like all of Obama's actions he has done half bad considering what he was handed.

My preferences would be:

End the wars.
cut military spending in half
stop the needles occupation in foreign lands
invest in renewable energies so individuals can be free from the power companies and the grid.... this will improve national security, jobs, and eliminate our dependence on foreign oil.
prosecute the people that caused our problems stop giving them a get out of jail card.

Well said.

[Donna-501]

Originally Posted by Mr. Joshua

You may want to see this before you cheer anymore:

"Republican Candidate" Extends Lead vs. Obama to 47% to 39%

This is any Republican candidate!

except when they name a candidate the republican loses.

[BigJon3475]

Originally Posted by NewYorkGuy

Every time I am about to write off America as a hopelessly dumb country where Republicans have brainwashed the people to serve and protect the interests of the corporate elite against their own, a glimmer of hope always emerges at the end of the tunnel that reminds me that our flag is still there.

A recent example of this is a new poll which confirms yet again that a majority of Americans still blame Bush and the Republicans for the bad economy that we have today. Even better, this poll also finds that an overwhelming majority of Americans favor a debt reduction package that includes not only spending cuts but also revenue increases by way of higher taxes for the rich. This not only proves that average Americans have the ability to see through Republicans and their bullsh*t but it also bodes well for the President and the Democrats as they try to make their case next year that Republicans are bad stewards of the economy and cannot be trusted with the full faith and credit of the United States of America (as we see again with this debt ceiling crisis where the Republicans are jockeying for default instead of a solution to the problem).

As you would expect, teabaggers and other Koch loving Republicans are furious with the results of the poll (judging by their comments under the Yahoo article discussing the poll). Instead of accepting the facts, they immediately started attacking the poll's validity and calling Americans stupid for having the nerve to rightly blame Bush and the Republicans for the economic mess.

It seems like Republicans never stop to let facts or reality get in their way. If it doesn't fit their ideology it must be false. Unfortunately for them as Stephen Colbert once said, "Reality has a well known liberal bias." If Republicans don't start accepting this simple fact, life will forever be very miserable for them.

Go here for more details on the poll:
Voters blame Bush more than Obama for the economy | The Ticket - Yahoo! News

And for even more bad news for Republicans visit here:
Poll: Public Would Blame GOP In Event Of Default

What that should tell you is that Americans only have the ability to go back a few years at a time and some literally start back at zero with each new president.

[Caleb Longstreet]

Originally Posted by NewYorkGuy

I'm sorry to disappoint you but it's still Bush's fault. The facts simply don't lie.

Step away from the pipe and nooooooooo one will get hurt......I guess you must be right...that's why the majority don't like BO.....or is that Bush's fault too? Just curious....