Rustic
Diamond Member
- Oct 3, 2015
- 58,769
- 5,895
You can blame all of the country's problems on socialism...Hoover greatly extended the depression with all his public spending. People have to pay for the programs, whatever you put into the public sector comes out of the private sector. obama has put us much deeper in debt with little to no results so your rants are lunacy. Nor have you figured out the role 9/11, Katrina or the housing bust has played. It's amazing how people twist their minds to believe in something.You're delusional, the country becoming more and more socialist everyday. Socialism is a society exclusively for Deadbeats, a very contagious disease of choice.No, it hasn't. We're nowhere near maximum output, we can spend freely.That whole system is FUBARed there is no saving it, just like the country's tax, spend and print policies. The country has passed the point of no return.
It worked very well to get us out of a Hoover depression. I know.....I was there.
I will also point out that George W. Bush assumed a thriving economy with an unemployment rate of 4.3%, a balanced budget, then immediately cut taxes twice, continued to spend like a drunken sailor, ran up six trillion dollars of new debt and left a recession that if big banks had not been handed $700 billion would have been worse than the 1930's.
Well...you just proved your ignorance on the subject. The banks all closed their doors and nothing improved until Franklin Roosevelt's programs began. My Dad worked on the WPA drawing $3.60 a week for 48 hours. The depression actually was not completely over till the 2nd World War started. When the Republicans screw things up they do a fantastic job. Look at what happened beginning with Ronald Reagan:
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..............................................Total U S Debt................................................
Figures Easily Verified....Taken From the Bureau of the Debt
US: $18,775,084,981,440 - Debt as of December 2015?
09/30/2014 $17,824,071,380,733.82
09/30/2013 $16,738,183,526,697.32
09/30/2012 $16,066,241,407,385.89
09/30/2011 $14,790,340,328,557.15
09/30/2010 $13,561,623,030,891.79
09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)
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(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32 (Bill Clinton Raised Taxes On The Rich early 1993)
09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)
09/30/1981 $997,855,000,000.00