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I guess the fact that your fancy graphics have already been debunked is of no concern to you.
1. Clinton never ran a surplus.
2. The ONLY reason his numbers improved, was because a republican house and senate passed budgets that were sound.
3. Obama has added over 7 trillion in debt, more than any U.S. President, AND he still has 2 years to go!
Keeping the Democrat platform alive and well: buying votes with social programs paid for by other peoples money.
Ya gotta luv 'em.
Borrowed from China. It's our children's future he is messing with. Both parties are to blame. Democrats cannot stop giving to social programs and Republicans think taxes should be paid by others because they are creating jobs to make them even more rich. Honest hard-working Americans are being robbed in two directions. We need a good, honest president. Anybody know one? I have a clue; it isn't Clinton.
I looked this up a long time ago. I would like to see a source that states which presidents robbed the kitty. Seems I remember it to be Nixon and Clinton. There may be others. It should not have been allowed.
It is amazing to me how one president quietly does damaging things to our country and it gets blamed on a less popular president. I used to think that Clinton was a good president but the later fallout from his administration has been really bad. The fallout from this administration may be total destruction of our country. Get rid of your gigantic ego, Mr. President.
I think the biggest fallout from Reagan and Bush are all the illegals robbing our country of food, housing and medical care while working for low wages to make company workers rich. Then the companies pay money to representatives in congress and the president to keep it going. Honest people may need to organize their own march on Washington.
nice try OP, but bush only racked up $5 trillion in debt in eight years, remember he started 5 trillion in debt when he took office. obama took that $10 trillion in debt, and pushed it to $17 trillion, which when you do the math means that obama has ADDED $7 trillion in debt, in just over half the time it took bush to add $5 trillion. this thread is a failure.
Bush's tax cuts are still with us and led to our long term imbalance between between revenues and expenses.
Most of our debt is a Bush legacy.
Bush racked up 10 trillion in debt with 2 wars and unfunded tax cuts for the rich 10 trillion is more than half of 16 or 17 trillion so Bush caused like 60% of our debt. Even Regan spent more than twice what Obama has spent and even a little more than Bush I can not understand how Republican nutjobs love Regan so much he spent like there was no tomorrow
Your very first sentence is wrong. Bush didn't "rack up 10 trillion in debt...". If we are to believe your charts, Bush "racked up" ~ 4.3 trillion in debt from 2000-2008.
Further, your interpretation of "annualized growth" is faulty in the context of your intent in this thread.
One wonders what planet the Pubs are living on in their desperate attempts to deny that 8 horrific years of Bush happened. Bush was given a SURPLUS and turned this into a record deficit. He decimated every domestic category, sending each one into crisis mode. This, while submerging this country into two unnecessary wars, which represented a black hole of spending.
We have the idiot GOP trying to cause President Obama to fail. They want the economy to fail under Obama, so they emphasize CUTS. They want the deficit to rise under Obama, so they oppose REVENUE. They want all but the rich to suffer under Obama, thinking that these people will be suckered into supporting the GOP as an alternative, so they are obsessed with continuing tax breaks for the rich while everyone else can go to hell. They have kicked off the tea party branch to facilitate failure. All they do in Congress is obstruct, obstruct, obstruct.
Failure, negativity, ineffectiveness, lousy policies, lies, deceptive marketing, extortion, narrow-mindedness, rigidity, obstruction, and bigotry are all the party of Dixie can offer. They know nothing about running an economy. This is the reason why they are in a free fall.
This is possibly the most meaningful post of yours I have read in years. At least you talked about issues, instead of Obama's grace, intellect, good looks, demeanor, civility, and charm.
All I see on this thread are a bunch of liberals who can't do math.
2000 debt: $5.63T 2008 debt: $9.99T
=$4.36T added to the national debt by Bush according to the graphic.
Quote:
Bush racked up 10 trillion in debt with 2 wars and unfunded tax cuts for the rich 10 trillion is more than half of 16 or 17 trillion so Bush caused like 60% of our debt. Even Regan spent more than twice what Obama has spent and even a
little more than Bush I can not understand how Republican nutjobs love Regan so
much he spent like there was no tomorrow.
What a bunch of losers you folks are! Embarrassing beyond belief! And to think that there are no less than 10 liberals on this thread who have YET to see their own ignorance!!
U.S. Treasury sells bills, notes, bonds, and Treasury Inflation-Protected Securities (TIPS) to institutional and individual investors through public auctions. At the close of an auction, Treasury accepts competitive bids in ascending order of their rate or yield (lowest to highest) until the quantity of awarded bids reaches the offering amount.
If prospective bidders have no confidence, bidders will bid higher rates. If there was no demand for the debt instruments, only higher rate bidders would get accepted. Since that isn't happening, there are plenty of investors willing to bid low rates to lend money to our government.
How brainwashed are you to believe nonsense?
I guess you demmies never heard of QE?
It's where the Fed prints money to buy Treasuries.
Get a clue and wipe your face.
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