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Obama: First credit downgrade, spent more money in a year than most civilization spend in their entire history, will have run up more debt than all out previous Presidents combined, but Progs Love him and his deficits because, well just because, he's so dreamy
Obama: First credit downgrade, spent more money in a year than most civilization spend in their entire history, will have run up more debt than all out previous Presidents combined, but Progs Love him and his deficits because, well just because, he's so dreamy
deficits = inflation.
debt has only small inflationary effect unless too much deficit inflation or missed debt payment spikes interest rates.
When did Clinton cut spending with his Dem House and Dem Senate?
Actually, he did it with a Republican House and Senate.
They Clinton budget cut spending $140+ billion, part of their $400+ billion deficit reduction bill
http://www.cbo.gov/sites/default/fi...104xx/doc10415/1994_03_reducingthedeficit.pdf
So then, you shit flinging monkey, you claim that government outlays in 2001 were $140 billion less than in 1993 when Clinton took office? IS that your claim, you feral baboon?
No, Prez sets the tone for the budgets, then has the veto pen, like Clinton's veto of the GOP $700+ tax cut AFTER his first surplus
So you don't know how budgets work, got it. Just ask, I'll explain it to you Bubba
Right, WHILE the economy was in danger of falling off the GOP cliff?
The Myth of Democratic Super Majority.
The Truth is that the Democrats only had a filibuster-proof majority for 24 working days during that period. Here are the details:
Democrats only had a veto proof majority for 24 working days | Fact Left
WAR COSTS CAN JUST DISAPPEAR RIGHT? lol
The Myth of Democratic Super Majority.
He's had a majority his entire time in office. That's more than Bush had in the Senate.
Smartest President ever can't fix things with a majority? Poor baby.
At least his brilliance has us on track now.
Real gross domestic product (GDP) fell 2.9 percent at an annual rate in the first quarter of 2014, according to the third estimate from the Bureau of Economic Analysis.
Oops.
Conservatives NEVER let facts or truth get in their way
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Weird, So GDP fell? That NEVER happens under GOP Prez's right (9% Dubya last quarter 2008, Reagan had 5 quarters of negative GDP)
Got it, You don't believe the non partisan CBO....
The claim was he cut spending in his first 2 years.
Did spending actually go down?
The claim is he DID cut spending, from what was GOING to happen
We already know what economic policies work best for our country. Clinton knew that we had to cut spending and increase revenues. We had revenues of 20.6% of GDP and a surplus in 2000. Then something terrible happened, the Republicans gained complete control in 2001 and instead of sticking with what was working they decided that their ideology was more important. The debt has gone up $12 trillion since then.
No, Prez sets the tone for the budgets, then has the veto pen, like Clinton's veto of the GOP $700+ tax cut AFTER his first surplus
Got it!
The President is the author of all spending bills...
{1: All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.}
Have a banana, feral one...
The Myth of Democratic Super Majority.
He's had a majority his entire time in office. That's more than Bush had in the Senate.
Smartest President ever can't fix things with a majority? Poor baby.
At least his brilliance has us on track now.
Real gross domestic product (GDP) fell 2.9 percent at an annual rate in the first quarter of 2014, according to the third estimate from the Bureau of Economic Analysis.
Oops.
Conservatives NEVER let facts or truth get in their way
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Weird, So GDP fell? That NEVER happens under GOP Prez's right (9% Dubya last quarter 2008, Reagan had 5 quarters of negative GDP)
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Bush and Reagan never had a super majority. I thought Obama was smarter than both?
Weird, So GDP fell?
It is kinda weird, considering the huge jump in debt over the last 5 1/2 years and the smartest President ever, with all his new regulations and his phone and his pen, working from the golf course to get us back on course.
The claim was he cut spending in his first 2 years.
Did spending actually go down?
The claim is he DID cut spending, from what was GOING to happen
We already know what economic policies work best for our country. Clinton knew that we had to cut spending and increase revenues. We had revenues of 20.6% of GDP and a surplus in 2000. Then something terrible happened, the Republicans gained complete control in 2001 and instead of sticking with what was working they decided that their ideology was more important. The debt has gone up $12 trillion since then.
The claim is he DID cut spending, from what was GOING to happen
Don't understand your own link? LOL!
That was an estimate for what spending would be based on what spending would be.
Because it was published in 1994. LOL!
Clinton knew that we had to cut spending and increase revenues.
Well, he raised tax rates and increased spending.
the Republicans gained complete control in 2001
The Democrats gained complete control in 2009
Conservatives NEVER let facts or truth get in their way
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Weird, So GDP fell? That NEVER happens under GOP Prez's right (9% Dubya last quarter 2008, Reagan had 5 quarters of negative GDP)
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Bush and Reagan never had a super majority. I thought Obama was smarter than both?
Weird, So GDP fell?
It is kinda weird, considering the huge jump in debt over the last 5 1/2 years and the smartest President ever, with all his new regulations and his phone and his pen, working from the golf course to get us back on course.
Got it, Yoou'll stick with false premises, distortions and lies, the ONLY thing consdervatives EVER have
But you are saying the Dems worked with Ronnie/Dubya?
The claim is he DID cut spending, from what was GOING to happen
We already know what economic policies work best for our country. Clinton knew that we had to cut spending and increase revenues. We had revenues of 20.6% of GDP and a surplus in 2000. Then something terrible happened, the Republicans gained complete control in 2001 and instead of sticking with what was working they decided that their ideology was more important. The debt has gone up $12 trillion since then.
The claim is he DID cut spending, from what was GOING to happen
Don't understand your own link? LOL!
That was an estimate for what spending would be based on what spending would be.
Because it was published in 1994. LOL!
Clinton knew that we had to cut spending and increase revenues.
Well, he raised tax rates and increased spending.
the Republicans gained complete control in 2001
The Democrats gained complete control in 2009
The report begins with an introductory chapter that provides general background information on CBO's latest deficit projections and reviews the actions taken in the 1990 and 1993 deficit reduction efforts.
The economic assumptions and baseline budget projections underlying the estimates of spending reductions and
revenue increases contained in this volume are described in more detail in the first volume of CBO's annual report,
The Economic and Budget Outlook: Fiscal Years 1995-1999 (January1994).
http://www.cbo.gov/sites/default/fi...104xx/doc10415/1994_03_reducingthedeficit.pdf
GOP has blocked EVERYTHING in the Senate without a super majority for the Dems....
Bush and Reagan never had a super majority. I thought Obama was smarter than both?
Weird, So GDP fell?
It is kinda weird, considering the huge jump in debt over the last 5 1/2 years and the smartest President ever, with all his new regulations and his phone and his pen, working from the golf course to get us back on course.
Got it, Yoou'll stick with false premises, distortions and lies, the ONLY thing consdervatives EVER have
But you are saying the Dems worked with Ronnie/Dubya?
Please show which parts of my statements were false premises, which were distortions and which were lies.
But you are saying the Dems worked with Ronnie/Dubya?
Reagan passed his tax cuts with no Dem votes?
Expanded the military with no Dem votes?
Got it, Yoou'll stick with false premises, distortions and lies, the ONLY thing consdervatives EVER have
But you are saying the Dems worked with Ronnie/Dubya?
Please show which parts of my statements were false premises, which were distortions and which were lies.
But you are saying the Dems worked with Ronnie/Dubya?
Reagan passed his tax cuts with no Dem votes?
Expanded the military with no Dem votes?
What do you post that ISN'T a false premise, distortion or lie?
Yep, shows how extreme GOPers have become right?
The claim is he DID cut spending, from what was GOING to happen
Don't understand your own link? LOL!
That was an estimate for what spending would be based on what spending would be.
Because it was published in 1994. LOL!
Clinton knew that we had to cut spending and increase revenues.
Well, he raised tax rates and increased spending.
the Republicans gained complete control in 2001
The Democrats gained complete control in 2009
The report begins with an introductory chapter that provides general background information on CBO's latest deficit projections and reviews the actions taken in the 1990 and 1993 deficit reduction efforts.
The economic assumptions and baseline budget projections underlying the estimates of spending reductions and
revenue increases contained in this volume are described in more detail in the first volume of CBO's annual report,
The Economic and Budget Outlook: Fiscal Years 1995-1999 (January1994).
http://www.cbo.gov/sites/default/fi...104xx/doc10415/1994_03_reducingthedeficit.pdf
The economic assumptions and baseline budget projections underlying the estimates of spending reductions
Assumptions, projections and estimates. If you want to go back and show that Clinton actually reduced spending by as much, or more, than that CBO report predicted, I'll be happy to take a look at your work.
Please show which parts of my statements were false premises, which were distortions and which were lies.
But you are saying the Dems worked with Ronnie/Dubya?
Reagan passed his tax cuts with no Dem votes?
Expanded the military with no Dem votes?
What do you post that ISN'T a false premise, distortion or lie?
Yep, shows how extreme GOPers have become right?
Please show which parts of my statements were false premises, which were distortions and which were lies.
Or run away. LOL!
The report begins with an introductory chapter that provides general background information on CBO's latest deficit projections and reviews the actions taken in the 1990 and 1993 deficit reduction efforts.
The economic assumptions and baseline budget projections underlying the estimates of spending reductions and
revenue increases contained in this volume are described in more detail in the first volume of CBO's annual report,
The Economic and Budget Outlook: Fiscal Years 1995-1999 (January1994).
http://www.cbo.gov/sites/default/fi...104xx/doc10415/1994_03_reducingthedeficit.pdf
The economic assumptions and baseline budget projections underlying the estimates of spending reductions
Assumptions, projections and estimates. If you want to go back and show that Clinton actually reduced spending by as much, or more, than that CBO report predicted, I'll be happy to take a look at your work.
Simple, look at the 4 balanced budgets he had
Government spending has declined from 22.2 percent of the economy in 1992 to 18.7 percent of the economy in 1999 -- the lowest share since 1966
http://archive.hhs.gov/news/press/2000pres/20000207.html
REMEMBER RONNIE INCREASED SPENDING, ANYWAY YOU MEASURE IT?
What do you post that ISN'T a false premise, distortion or lie?
Yep, shows how extreme GOPers have become right?
Please show which parts of my statements were false premises, which were distortions and which were lies.
Or run away. LOL!
Sorry, Don't have all day, I'll go with Dems/F/F for $400 Alex...
The economic assumptions and baseline budget projections underlying the estimates of spending reductions
Assumptions, projections and estimates. If you want to go back and show that Clinton actually reduced spending by as much, or more, than that CBO report predicted, I'll be happy to take a look at your work.
Simple, look at the 4 balanced budgets he had
Government spending has declined from 22.2 percent of the economy in 1992 to 18.7 percent of the economy in 1999 -- the lowest share since 1966
http://archive.hhs.gov/news/press/2000pres/20000207.html
REMEMBER RONNIE INCREASED SPENDING, ANYWAY YOU MEASURE IT?
Simple, look at the 4 balanced budgets he had
Unless that happened while the Dems had control of the House and Senate, you'll have a hard time convincing me his "spending cuts" were the reason.
