% Increase In Debt By President

[mudwhistle]

The deficit on 2008 was just over $500 billion.
In 2012 it was $1.034 trillion.
In 2008 the national debt was just over $11 trillion.
Today it is $18.025 trillion.
Federal spending is up 98%.

At the rate we're going our debt in 2018 will be over $22 trillion and spending will be up 289%.

Things were manageable when Bush was president ... but under Obama ... our prospects are pretty grim no matter who is president.

Thanks alot Barry!!!

U.S. National Debt Clock 2018 at Current Rates

 

[S.J.]

Liberals will still be praising Obama when they're standing in bread lines, claiming he's "helping poor people".

 

[The Rabbi]

Didn't go to the link did you?
That wasn't a link to just Google, it was a link to all one can find about the Economic Stimulus Act 2009.

That's nice, dear.
Obama is the biggest spending president in history. Deal with it.

Nonsense. As a percentage of GDP, spending has decreased under Obama .It increased under Bush. At the very least, that makes Bush worse than Obama.

You arte truly a clueless idiot. That you feel entitled to laugh at others is indicative of your stupidity. You missed the entire point--and I mean the entire point--of the discussion.

Your vacuous reply aside, spending as a percentage of GDP is lower now than it was when Obama became president. Pointing out your idiotic claims are bullshit is always relevant in any discussion.

I never claimed otherwise. So you havent pointed out anything other than you don't know what you're talking about.
Obama took over as a recession was ending. Of course GDP was down and spending was up. But GDP to spending is still higher than pre-recession levels. Not that you understand why that's significant.

 

[Faun]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

 

[S.J.]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

What's his excuse now?

 

[The Rabbi]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

He was handed a recovery and a victory in a war. Both of which he turned to shit.

 

[The Rabbi]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

What's his excuse now?

Tea Party Republicans.
What else?
It cant be because his polciies are utter shit turds of failure and we are the laughingstock of the world, can it?

 

[Statistikhengst]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added just under $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

No. The total only tells one story. Debt to GDP tells another. And growth rate from one administration to another, which is the measurement being discussed on this thread, is a third way to measure it. In 1945, the debt was 248 Billion. Doesn't sound like a lot in today's terms but it was 116% of the 1945 GDP.

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[Statistikhengst]

Didn't go to the link did you?
That wasn't a link to just Google, it was a link to all one can find about the Economic Stimulus Act 2009.

That's nice, dear.
Obama is the biggest spending president in history. Deal with it.

Nonsense. As a percentage of GDP, spending has decreased under Obama .It increased under Bush. At the very least, that makes Bush worse than Obama.

You arte truly a clueless idiot. That you feel entitled to laugh at others is indicative of your stupidity. You missed the entire point--and I mean the entire point--of the discussion.

Your vacuous reply aside, spending as a percentage of GDP is lower now than it was when Obama became president. Pointing out your idiotic claims are bullshit is always relevant in any discussion.

I never claimed otherwise. So you havent pointed out anything other than you don't know what you're talking about.
Obama took over as a recession was ending. Of course GDP was down and spending was up. But GDP to spending is still higher than pre-recession levels. Not that you understand why that's significant.

Only on paper and only if you fudge the facts. In terms of jobs and job losses and therefore revenues, tax bases and spending on any level, Obama took office just as the brunt of the recession hit in real terms. Or do you deny that the Stock Market melted down just 4 months before Obama took the oath?

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[rdean]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

Did you bother reading your link? Look at the "major events".
The major events that happened under Bush happened under Bush. The major events that happened under Obama also happened under Bush. What a load of turds the GOP gave America and Obama.

 

[rdean]

This is the CORRECT way to measure debt accumulation.

Because it makes Obama look good, right. You're a nudnik and a half. Like that's news.
The figures are wrong anyway. Debt was 10T when Obama took office. It's 18T today.
Only liberals can claim 5 is more than 6.

So what did Obama spend money on? I'm talking "new spending".

The Bush tax cut failure. No, that was the GOP.

Iraq? No, that as the GOP.

Talking down Bin Laden? OK, that was Obama.

The millions of jobs that moved to China from 2001 to 2008? That was the GOP.

The tens of thousands of factories closed from 2001 to 2008? That was the GOP.

The tens of thousands of Americans maimed in Iraq? No, that was the GOP.

The stimulus? That was Obama responding to the shambles the GOP left the American and world economy.

If you are going to blame it on Obama, then it's only fair he be the one responsible. Don't you agree?

 

[S.J.]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

Did you bother reading your link? Look at the "major events".
The major events that happened under Bush happened under Bush. The major events that happened under Obama also happened under Bush. What a load of turds the GOP gave America and Obama.

Hey dumbshit, it's been 6 years. A real president would have gotten his shit together by now.

 

[Faun]

Didn't go to the link did you?
That wasn't a link to just Google, it was a link to all one can find about the Economic Stimulus Act 2009.

That's nice, dear.
Obama is the biggest spending president in history. Deal with it.

Nonsense. As a percentage of GDP, spending has decreased under Obama .It increased under Bush. At the very least, that makes Bush worse than Obama.

You arte truly a clueless idiot. That you feel entitled to laugh at others is indicative of your stupidity. You missed the entire point--and I mean the entire point--of the discussion.

Your vacuous reply aside, spending as a percentage of GDP is lower now than it was when Obama became president. Pointing out your idiotic claims are bullshit is always relevant in any discussion.

I never claimed otherwise. So you havent pointed out anything other than you don't know what you're talking about.
Obama took over as a recession was ending. Of course GDP was down and spending was up. But GDP to spending is still higher than pre-recession levels. Not that you understand why that's significant.

You're as dumb as they come, Jester . The recession was not ending when Obama became president. Unemployment increased by more in February, 2009, than any other month...

Bureau of Labor Statistics Data

... only after Obama passed his stimulus plan did the recession make the turn towards ending.

 

[kiwiman127]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

He was handed a recovery and a victory in a war. Both of which he turned to shit.

And Rabbi re-writes history. The recession hadn't peaked as facts show, but we all know how you disregard facts. If facts don't support those who you follow with a chained ring in your nose, well then those facts don't exist.
Rabbi is boring me, time to go snow-shoeing!

 

[Siete]

national debt is an accumulation of deficits left by EVERY POTUS ... but it is magical for RW's to believe Obama is responsible for every penny of the 15 gazillion $$$ ...

RW's are idiots, idiots make magic so other RW idiots can pat them on the ass, and agree .

SSDD.

 

[mudwhistle]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

Sorry ... but he wasn't forced to take the job.

Mkay.

 

[Faun]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

Sorry ... but he wasn't forced to take the job.

Mkay.

Your non-sequitur does nothing to diminish the impact of the Great Recession plus two wars on the debt.

 

[mudwhistle]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added just under $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

No. The total only tells one story. Debt to GDP tells another. And growth rate from one administration to another, which is the measurement being discussed on this thread, is a third way to measure it. In 1945, the debt was 248 Billion. Doesn't sound like a lot in today's terms but it was 116% of the 1945 GDP.

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If you want to talk about growth ... then fine. Growth under Bush averaged around 4%. Under Obama it's been either negative growth or less than 2%. Only the last month because of the collapse of energy costs has growth been up to Bush levels. The cost of fuel is way down ... no thanks to Obama ... and that is what is driving growth right now.

I remember not long ago you guys on the left saying low gas prices was an indication of a poor economy. We all know that is BS.

 

[mudwhistle]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

Sorry ... but he wasn't forced to take the job.

Mkay.

Your non-sequitur does nothing to diminish the impact of the Great Recession plus two wars on the debt.

The great recession was almost completely a fake recession created by Democrats and the state-run media.

Oh ... and Obama has spent more on Obamacare and carting illegal immigrants all over the country than both of those wars cost during the Bush years.

 

[rdean]

This is the CORRECT way to measure debt accumulation.

Not exactly. You're drawing a false conclusion by using percentages. The total amount of debt is what you need to go by.

Obama has increased the debt much more than Bush. Bush added $5 trillion in 8 years and so far Obama has added over $8 trillion with two years left to go. No comparison.

Wait until Obama is gone before you start drawing comparisons. Mkay???

He was also handed one of the worst recessions, along with 2 wars, which greatly contributed to the debt.

Sorry ... but he wasn't forced to take the job.

Mkay.

And Republicans weren't forced to do everything they could to make him fail. Good thing the GOP is the party of fail. They actually could have brought down the country instead of just massive damage.