mister TWENTY TRILLION DOLLAR DEBT... "barack hussein obama"

[Rustic]

What is the definition of "rich"? at what income level would you double the tax? How much extra revenue would that generate? How do you know it would be used to pay down the debt rather than more social giveaways to buy votes? Why would the "rich" keep their money in the USA and pay double taxes on it?

You are quite naive.

How about we raise the tax rate of anyone making over $1 million a year to pre-Reagan tax rates?

We dedicate the extra revenue to debt relief
But only untilo our debt is paid off. Then they can have the present rates back

Talk about throwing rocks into the grand canyon! What do you think that will accomplish?

I think it will generate an extra $1 trillion or more in revenue

Our debt is almost $20 trillion and unfunded liabilities which is also our debt is north of 120 trillion.
Yeah, 1 trillion will help... Not! Lol

Show me the $120 trillion unfunded liabilities

Show me where there isn't, it's most likely more.

 

[Rustic]

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

 

[bedowin62]

BULLSHIT.

THE EVIDENCE SHOWS THAT THE 16th AMENDMENT WAS NEVER ADOPTED. THE ONLY REASON IS "VALID" IS BECAUSE OF CORRUPT FEDERAL "JUDGES" WHO HAVE SWORN TO DEFEND AND SUPPORT THE WELFARE/WARFARE STATE.


.

The 16th amendment is the law of the land...time for you to get over it

OF COURSE, AS A PARASITE YOU ARE CONFLICTED BY INTEREST - YOU BELIEVE IN STEALING BY ANY MEANS NECESSARY



The Law that Never Was: The Fraud of the 16th Amendment and Personal income Tax

Unless you are providing a link from a credible history or news source. I am just going to brush it off as whacko conspiracy nonsense without wasting my time reading it

BULLSHIT


IF ANY DOCUMENT INVALIDATES THE 16TH AMENDMENT THEN IT IS NOT A CREDIBLE SOURCE.

AS A PARASITE , YOU NEED THE 16th AMENDMENT - IT IS A POWERFUL WEALTH REDISTRIBUTING TOOL.

BUT EACH DOCUMENT USED IN SUPPORT OF THE BOOK ARE CERTIFIED BY EACH SECRETARY OF STATE OF THE STATES THAT ALLEGEDLY RATIFIED THE AMENDMENT.


.

Using CAPS does not help you make your case

using tired left-wing memes doesnt make your case

 

[bedowin62]

So what did he do to add to the debt ? It's not like we had a decade of two unfunded wars as we flew into reccession .

Yep. He's consistently lowered the deficit & spending has been at its lowest in a generation or two. There are other drivers here but conservatards like OP want to paint our proud two-term President as the culprit

because deficits are set to SKYROCKET in the outlying years after obama leaves office BECAUSE OBAMA BACKLOADED THE PAIN AND MUCH OF THE SPENDING INCREASES

THIS is fact; BUT YOU'RE too stupid to do your own homework, much less be honest, so you call others conservatardz when you're just an uninformed leftard

 

[bedowin62]

After Brief Drop, Obama's Deficits Set To Soar Again ...
news.investors.com/.../030915-742672-obama-...

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Investor's Business Daily
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Mar 9, 2015 - After Brief Drop, Obama's Deficits Set To Soar Again ... From 2016 to 2025, Obama's fiscal policies are expected to add another $7.2 trillion to our ... Well President Obama has spent more off the budget in 6 years than Bush did in 8. ... It is the future projections that are of concern because they appear to be ...

 

[bedowin62]

CBO: Deficits To Explode As Obama Leaves Office - Townhall
townhall.com/.../cbo-deficits-to-explode-as-obama-leaves-...

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Townhall.com
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Jan 26, 2015 - Immediately after Obama leaves office, however, deficits are ... Spending on Obamacare's insurance exchanges is also set to rise from $15 ...

 

[g5000]

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

Yep. Both public and private pension fund shortfalls are a giant ticking time bomb.

 

[Care4all]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

You mean to say the REPUBLICAN CONGRESS eliminated the debt ceiling and is spending us to the $20 trillion debt mark.

They are the ones writing the checks.

Obama can't lift the debt ceiling. Sorry!

This true, The president can't balance a budget, just As he has no control over the purse strings. As he owes no control over the purse strings, nonetheless. The buck Does stop there, the fiscal gap is a progressive problem no doubt... Now it's the country's problem.

Paying debt with more debt makes no sense in any arena...

I'm frankly just sick and tired of hacks pointing the finger at each the other party for the blame.

I mean, how many Congresses and Presidents do you have to live through before you figure out BOTH parties are big spenders?

Seriously. How fucking retarded do you have to be to start a topic blaming Obama for the Republican Congress eliminating the debt ceiling and increasing spending long enough to get through the next election? It's blazingly obvious why the GOP has done this. And to put it on Obama? That's some seriously deranged delusional thinking right there.


Fiscally, here are the differences between the two parties:

Republicans: Borrow and spend.

Democrats: Tax and spend.

And quite frankly, imo, taxing and spending is the least of those two evils.

Not because I am a Liberal and am taking the Democratic side,

BUT because I believe if Congress taxes and spends, then we the people would FEEL the HURT of this, and rebel...and vote out those that are the big spenders (and taxers).

Without us feeling the full pain of all of this spending, by borrowing the money as I believe the Republicans set us out on a trend to do decades ago, we were not as apt to take it out on our representatives for their spending habits....

I personally believe we should paygo for the general spending, including defense spending, and only be allowed to 'borrow spend', when we are in a declared war, or some huge financial/economic crisis.

 

[rightwinger]

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

About what I expected

Social Security and Medicare are funded by future taxpayers and contributors. Just like it has been for 75 years

 

[bedowin62]

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

About what I expected

Social Security and Medicare are funded by future taxpayers and contributors. Just like it has been for 75 years

a Ponzi scheme?

 

[bedowin62]

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

About what I expected

Social Security and Medicare are funded by future taxpayers and contributors. Just like it has been for 75 years

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

 

[auditor0007]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

 

[hortysir]

Whats sad about this is that the congressional republicans let this new budget bill pass because they are scared shitless of the media accusing them of shutting down the govt during an election year, and the dems passing it in order to buy the votes of the welfare class.

Remaining in office is more important to all of them than doing what is right for the country.

Hopefully the ultimate goal of "remaining in office" is to slash the fuck out of new budgets

 

[bedowin62]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

more moronic propaganda from left-wing idiots.
first of all the "final numbers" wont be "rolled out" after obama leaves office, they will come YEARS AFTER he leaves office, because spending mandated by obamacare will SKYROCKET in outlying years after obama leaves office

libs are losers who lie to themselves

 

[bedowin62]

Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

well not exactly nutjob lefty

obama added OVER $200 BILLION TO THAT LAST "BUSH" DEFICIT; see it here from very UN-RIGHT-WING factcheck.org:

Obama's Deficit Dodge - FactCheck.org
www.factcheck.org/2012/09/obamas-deficit-dodge/

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FactCheck.org
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Sep 28, 2012 - President Obama is falsely claiming that his administration's policies are responsible for “about 10 percent” of the deficits “over the last four


and that Republican "OBSTRUCTION" the Left cried about prevented obama/democrats from spending TENS OF BILLIONS MORE THEY DIDNT HAVE A WAY TO PAY FOR.


libs are losers who lie to themselves

 

[Care4all]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

more moronic propaganda from left-wing idiots.
first of all the "final numbers" wont be "rolled out" after obama leaves office, they will come YEARS AFTER he leaves office, because spending mandated by obamacare will SKYROCKET in outlying years after obama leaves office

libs are losers who lie to themselves

hmmmm, we are not suppose to take what Reagan did that has raised spending for the outlying years of his presidency, and not take what bush 1 did to expand spending in the years after his Presidency and not take the spending that passed under President Bush2 that extends after him leaving office,

BUT WE ARE suppose to count the spending after Obama leaves office as his....

okee dokee!

 

[Redfish]

Hey dumba$$, once the tax is on the books it never goes away. That is the behavior of the federal government.
They Are inherently irresponsible, Because the federal government is run by progressives.

Hey Dumbass

The wealthy used to pay 70% tax rate, now they pay 39%

Seems like the tax burden "went away"

An income tax being unconstitutional...
Why should they pay any more than anyone else, the bottom 40% really pay nothing. Luxury tax

they are not paying any more per dollar earned than anyone else for the same dollar earned in the same tax bracket for said dollar...

Tongue twister, I know!

But if someone makes $50k in taxable income, and the rich guy makes $1,000,000 in taxable income...his first 50k in taxable income is taxed at the same rates as the guy who only made 50k....

He does NOT pay MORE per dollar for his $50k taxable income than the guy who just made in total, the $50k in taxable income...THEY ARE TAXED AT THE PRECISE SAME TAX RATE....for the $50k.

There is nothing unfair about that....

right, if everyone made 50K you would be correct. But not everyone makes 50K and many making 50K pay zero federal income tax after deductions and exemptions, but the rich guy will pay full taxes on his first 50K, and thats fine and proper.

The point is that by taking more from the rich you will stiffle investment and drive money out of this country. Rich people are rich because they know how to manage and keep their money.

Putting MORE tax burden on those who net less and less tax burden on those who have more, is immoral.

I agree.. everyone should pay some portion of the cost of government. Thats why a flat tax is the only fair tax. I would even go so far as to say that the flat tax would not kick in until a person made at least $XK per year. zero tax up to x and then 17% on every penney above x.

 

[bedowin62]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

more moronic propaganda from left-wing idiots.
first of all the "final numbers" wont be "rolled out" after obama leaves office, they will come YEARS AFTER he leaves office, because spending mandated by obamacare will SKYROCKET in outlying years after obama leaves office

libs are losers who lie to themselves

hmmmm, we are not suppose to take what Reagan did that has raised spending for the outlying years of his presidency, and not take what bush 1 did to expand spending in the years after his Presidency and not take the spending that passed under President Bush2 that extends after him leaving office,

BUT WE ARE suppose to count the spending after Obama leaves office as his....

okee dokee!

i didnt say that leftard, where did i say that? stop crying , go for it.

i was simply pointing out one of several inconveniant facts you left-wing losers dont seem to be able to handle; that is your Jackass Party voted for all the "Reagan" spending you still cry about, and all the W BUSH spending you whine about.

see a pattern yet?

libs are losers who lie to themselves

 

[Redfish]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

more moronic propaganda from left-wing idiots.
first of all the "final numbers" wont be "rolled out" after obama leaves office, they will come YEARS AFTER he leaves office, because spending mandated by obamacare will SKYROCKET in outlying years after obama leaves office

libs are losers who lie to themselves

hmmmm, we are not suppose to take what Reagan did that has raised spending for the outlying years of his presidency, and not take what bush 1 did to expand spending in the years after his Presidency and not take the spending that passed under President Bush2 that extends after him leaving office,

BUT WE ARE suppose to count the spending after Obama leaves office as his....

okee dokee!

obozo could have cut spending if he did not like what his predecessors did, but did he? duh, no.

 

[Siete]

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.


When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.

Obama presidency to end with $20 trillion national debt

When the final numbers roll out after Obama leaves office, Obama will have increased the national debt by approximately 65%. This compares to Reagan increasing the national debt by 186% and GW Bush increasing it by 101%. These are real numbers based on statistical fact. Growth in the federal government has been at near stand still the past three years. The crushing deficits of the first two years along with Bush's last year were due to the economic meltdown started under Bush. God forbid we put another Republican in the White House again. Every time we do, they explode the debt much more so than any Dems.

more moronic propaganda from left-wing idiots.
first of all the "final numbers" wont be "rolled out" after obama leaves office, they will come YEARS AFTER he leaves office, because spending mandated by obamacare will SKYROCKET in outlying years after obama leaves office

libs are losers who lie to themselves

hmmmm, we are not suppose to take what Reagan did that has raised spending for the outlying years of his presidency, and not take what bush 1 did to expand spending in the years after his Presidency and not take the spending that passed under President Bush2 that extends after him leaving office,

BUT WE ARE suppose to count the spending after Obama leaves office as his....

okee dokee!

Hell NO !

Ronnie is dead, according to one RW idiot anyway.

LOL !