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But there are lot's of big government lemmings who do in fact believe that the government owns all of your income and just let's you keep a portion.
Hence 0bama's many references to "spending cuts in the tax code". He thinks any of our earned income that we get to keep after filing our taxes, is an expenditure of the federal government.
I also love how people conveniently forget the economic impact from 9/11 when addressing the problems of the Bush presidency.
Oh, and the overwhelming support for the "let's get those bastards" mentality that followed.
Marvin the Martian could have been in office, and the policies would have been the same.
Also, a large chunk of that debt is directly related to the housing bubble bursting while Bush II was still in office. Had it waited another year, it'd be on Obama (or McCain). It's all semantics. Realistically, we should pin it all on Alan Greenspans head, and anyone who blockaded the attempted corralling of Fanny Mae and Freddie Mac in 2004, when we still had a chance to stop this. Yes, I'm looking at you, Barnie Franke.
Don't forget all the laws Clinton repealed in the late 1990s, which allowed, previously illegal, mergers of commercial banks and investment banks, like Citigroup, started this entire financial mess. Allowing F&F to run without proper oversight sure as hell played a part too.
I also love how people conveniently forget the economic impact from 9/11 when addressing the problems of the Bush presidency.
Oh, and the overwhelming support for the "let's get those bastards" mentality that followed.
Marvin the Martian could have been in office, and the policies would have been the same.
Also, a large chunk of that debt is directly related to the housing bubble bursting while Bush II was still in office. Had it waited another year, it'd be on Obama (or McCain). It's all semantics. Realistically, we should pin it all on Alan Greenspans head, and anyone who blockaded the attempted corralling of Fanny Mae and Freddie Mac in 2004, when we still had a chance to stop this. Yes, I'm looking at you, Barnie Franke.
I actually agree with you re: Afghanistan. I think even Dennis the Menace Kucinich would have been pushed into invading Afghanistan. I reach an entirely different conclusion with Iraq. Unfortunately, though, the Democrats, as is typical these days, didn't have much of a spine to stand up to the president. I blame the Republicans for their agenda, and I blame the Democrats for not having a spine to stand up to them.
2008, debt is appr 10 trillion. 2011, only 3 years later, debt is over 14.5 trillion, which is 45% higher, and in only 3 years. That's 15% per year, meaning an 8 year presidency with no changed = 120% increase.
based on those statistics, it could be inferred that unless drastic changes are implemented, that this president, could DOUBLE our national debt, and that means that he will have increased our national debt MORE THAN ALL OTHER PRESIDENTS PRIOR TO HIM COMBINED!
Partly, yes, but at least he's spent it on things like trying to get people working again.
Reagan spent money on wasteful star wars programs. Bush launched us into an ill-advised war.
See the difference?
1. Government doesn't get people working, business get people working.
2. Reagan's star wars program forced other countries to spend money they didn't have, bringing down the Berlin wall, and the USSR, in addition to attempting to find a way to protect the U.S.
3. Congress OK'D the war that Bush got us into, Has Obama gotten approval from congress for our participation in Libya?
It doesn't bother you that Skippy passed $2 T of entitlements and a $3.8 T budget on top of that debt?
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