How Are We Gonna Pay for the $7.9 Trillion that Obama Added to the National Debt?

[danielpalos]

Trump and Ryan had a golden opportunity to not only balance the budget, but pay down the debt. All they had to do to lower tax rates was take away the government gifts to special interests in the tax code.

That's it. That's all they had to do.

Instead, they vomited up a joke tax "reform" which ADDS to our debt another $1.5 trillion.

The special interests get to have their cake and eat it, too.

All at the expense of the American taxpayer for generations to come.

Unless we reform entitlements and severely de-scope the Federal Bureaucracy, we will be in a state of perpetual deficits. Neither party can do either of these on their own. Such reform would take a bipartisan effort, and the Dems are determined not to cooperate with any agenda put forward by Trump.

end our "entitlement spending on our wars on crime, drugs, and terror."

 

[healthmyths]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublica

 

[healthmyths]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

This is exactly why I have always contended that---------> While from a different political party, history will look upon Bush and Obama as terrible Presidents. Their 16 years in office will be viewed as almost one and the same, and a total disaster.

They were basically the same.

The only reason that Bush is not lambasted more for what he did is------->people still see him standing on the rubble of the World Trade center with his bullhorn.

OK, thank you Mr Bush; but the rest of his Presidency as far as fiscal responsibility, his lack of leadership when THEY KNEW about the housing bubble and could have softened it with some political gonads, is just unacceptable.

People; including myself, always post youtube videos of the warnings given in congressional hearings about that crash. YES, the Democrats stood in the way, but that does NOT absolve Bush from demanding a fix immediately. He was the President, it was his administration, and the pain put on this nation from him not doing everything in his power to prevent it was disgusting.

Both sides can say what they want about President Trump, and President Bill Clinton, but I am here to tell you that if either of them were President at that time in history, our economic meltdown would have been far, far, less; as they would have put some sort of fix in to alleviate the depths of the disaster.

FACTS for dummies like you...
IDIOT Obama had NOTHING in events to compare to GWB! Obama had NO 9/11! NO worst hurricane SEASONS! A recession that started under Clinton. A dot.com Bust!
All these events and you don't take them into consideration?
Obama had TARP paid for by GWB deficits. THEN idiot Obama even with TARP PAID back with a profit... still ran up deficits!

 

[danielpalos]

Trump is on pace for a $900b deficit for FY2018. Glad to see you're ok with debt. Thanks for showing that all your bitching about debt under Obama is nothing but mindless bloviation.

He inherited it from Obama OH SNAP

OH SNAP

Trump would have balanced the budget, but he inherited so much deficit from Obama it wasn't possible. I love twisting the knife in the back of liberals with their own damn talking points.

You morons crack me up. Revenue is at an all time high. How could trump not balance the budget with record level revenues? All he had to do was to cut spending. Why did he sign a continuing resolution instead of a budget that slashed spending?

that would require a capital plan, not a social plan.

 

[danielpalos]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

 

[Faun]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

This is exactly why I have always contended that---------> While from a different political party, history will look upon Bush and Obama as terrible Presidents. Their 16 years in office will be viewed as almost one and the same, and a total disaster.

They were basically the same.

The only reason that Bush is not lambasted more for what he did is------->people still see him standing on the rubble of the World Trade center with his bullhorn.

OK, thank you Mr Bush; but the rest of his Presidency as far as fiscal responsibility, his lack of leadership when THEY KNEW about the housing bubble and could have softened it with some political gonads, is just unacceptable.

People; including myself, always post youtube videos of the warnings given in congressional hearings about that crash. YES, the Democrats stood in the way, but that does NOT absolve Bush from demanding a fix immediately. He was the President, it was his administration, and the pain put on this nation from him not doing everything in his power to prevent it was disgusting.

Both sides can say what they want about President Trump, and President Bill Clinton, but I am here to tell you that if either of them were President at that time in history, our economic meltdown would have been far, far, less; as they would have put some sort of fix in to alleviate the depths of the disaster.

FACTS for dummies like you...
IDIOT Obama had NOTHING in events to compare to GWB! Obama had NO 9/11! NO worst hurricane SEASONS! A recession that started under Clinton. A dot.com Bust!
All these events and you don't take them into consideration?
Obama had TARP paid for by GWB deficits. THEN idiot Obama even with TARP PAID back with a profit... still ran up deficits!

View attachment 171796

You’re still pushing that nonsense even though you’ve been shown all those events under Bush combined still pale in comparison to the damage caused by the Great Recession bush handed Obama?

 

[imawhosure]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

 

[evenflow1969]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

A good start would be to quit adding to it!

 

[danielpalos]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

why are we still running deficits and adding to the debt?

 

[jillian]

Its all Obama's fault because Trump...wait for it...inherited the mess from Obama. Just sit in the back and don't do a lot of talking while we clean up Obama's mess.

I feel sorry for you. No wonder Trump knew he could lie to your idiot faces.

This world has winners and losers, Hillary...loser camp. Bernie...loser. Pelosi, Reid...losers. I'm detecting a pattern here.

I once told you that Trump would lead you into the liberal camp. You didn't believe me.

Look at you now, defending a growing debt.

Growing the economy you mean, just relax tax and spend lib loser we'll clean up your mess.

And by “mess,” you mean record number of people working, low inflation and record high stock market.

well, the hacks hate admitting the black guy did pretty well despite their obstructionist pathologic congress

 

[jillian]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

the numbers on president Obama include baby bush's bail out. Dick Cheney said, and I quote "deficits don't matter".

and they only matter to rightwingnuts when a democrat is running things. if it did matter, you hacks wouldn't be supporting a tax cut for the top 1%

 

[Faun]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

Taxes were cut in 1981 and 1982 and federal income tax revenues declined both of those years. Taxes were cut in 2001, 2002 and 203 and federal income tax revenues declined those years.

 

[easyt65]

'How Are We Gonna Pay for the $7.9 Trillion that Obama Added to the National Debt?'

'WE' were never going to. They intended to dump that $h!te on our grandkids from the very start...

 

[imawhosure]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

why are we still running deficits and adding to the debt?

Quit changing the subject---------> you said, " cutting taxes for the rich," that is EXACTLY what you said, I copied and pasted it. It is a non starter, if you can NOT show that it cost us money since the top income earners pay virtually 90% of the taxes.

You haven't, and you can't!

 

[imawhosure]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

Taxes were cut in 1981 and 1982 and federal income tax revenues declined both of those years. Taxes were cut in 2001, 2002 and 203 and federal income tax revenues declined those years.

Liar! Show me where-) Federal Tax Revenue by Source, 1934 - 2018 - Tax Foundation

 

[danielpalos]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

why are we still running deficits and adding to the debt?

Quit changing the subject---------> you said, " cutting taxes for the rich," that is EXACTLY what you said, I copied and pasted it. It is a non starter, if you can NOT show that it cost us money since the top income earners pay virtually 90% of the taxes.

You haven't, and you can't!

cutting taxes induces lousy money management. higher taxes induces more care.

 

[danielpalos]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

Taxes were cut in 1981 and 1982 and federal income tax revenues declined both of those years. Taxes were cut in 2001, 2002 and 203 and federal income tax revenues declined those years.

Liar! Show me where-) Federal Tax Revenue by Source, 1934 - 2018 - Tax Foundation

there was a decline in revenue by 1983.

 

[SmokeALib]

The less money this huge, unaccountable, and bankrupt government has to waste, the better.

 

[Faun]

Predictably, liberals here are screaming about how we're gonna "pay for" the $1.4 trillion that the Trump tax cuts are returning to the American people, while they refuse to admit that federal revenue has increased after every major tax cut since the early 1900s.

Well, I would like liberals to explain how we're gonna pay for the $7.9 trillion that Obama added to the national debt. Just to be extra fair, this is not counting Obama's first year, because, technically, it was operating under Bush's last budget (even though Congress jacked up spending in Bush's last year over his objections, even though Obama approved a huge spending boost to the FY 2009 budget right after coming to office, and even though Obama would have added much more debt had it not been for Republican-imposed sequestration). National debt increases by president in dollar amounts and percentages:

Obama: $7.9 trillion/68 percent
Bush Jr.: $5.8 trillion/101 percent
Clinton: $0/0 percent
Bush Sr.: $2.8 trillion/54 percent
Reagan: $1.8 trillion/186 percent

Again, if Obama had not been modestly restrained by a Republican-controlled Congress, he would have added a lot more debt. Without Obama's and the Democrats' pressure for higher and higher spending, spending would have been substantially less after the Republicans took control of Congress.

Presidents didn't used to increase the debt by such large percentages. Debt increases used to be in low double digits or in single digits in terms of the percent of the increase, which is the most important number. Dollar values change over time because of inflation, which is why the percent of the increase is the most important figure:

LBJ: $42 billion/13 percent
JFK: $23 billion/8 percent
Eisenhower: $23 billion/9 percent
Truman: $7 billion/3 percent

So, liberals, how are we gonna pay for the $7.9 trillion that Obama added to the debt? How? Or do you only worry about "paying for" something when it involves letting Americans keep more of their own money?

Which President Added Most to the U.S. Debt?

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

Taxes were cut in 1981 and 1982 and federal income tax revenues declined both of those years. Taxes were cut in 2001, 2002 and 203 and federal income tax revenues declined those years.

Liar! Show me where-) Federal Tax Revenue by Source, 1934 - 2018 - Tax Foundation

Your own link shows it. Though I apologize, I got 1 of the years wrong. I said federal income tax revenue fell in 1981 and 1982, but it was 1982 and 1983.

 

[imawhosure]

Add to the DEBT Obama ran up was the FACT GWB's TARP was paid back WITH a profit of $87.7 Billion it is even worse!


Bailout Scorecard | Eye on the Bailout | ProPublicaView attachment 171794

why are we still running deficits and cutting taxes for the rich and adding to the debt?

Why don't you guys just go away!

You have ALL been asked repeatedly to show where a federal tax cut has cost the government money, and not a ONE of you has been able to.

Until you can, your narrative on that is null and void!

Taxes were cut in 1981 and 1982 and federal income tax revenues declined both of those years. Taxes were cut in 2001, 2002 and 203 and federal income tax revenues declined those years.

Liar! Show me where-) Federal Tax Revenue by Source, 1934 - 2018 - Tax Foundation

Your own link shows it. Though I apologize, I got 1 of the years wrong. I said federal income tax revenue fell in 1981 and 1982, but it was 1982 and 1983.

LOL, I was waiting, I really was, I did it on purpose-)

You see, I like when you guys pounce-)

But you see, the chart I gave you was revenue by source so you would, lol.

Now let us see how much the government ACTUALLY took in counting ALL revenues, shall we-) I am hoping all Leftists are licking their chops, I really am!

Government Tax and Revenue Chart: United States 1980-2007 - Federal State Local Data