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LIES
The dot.com boom and the conservative led congress brought the deficits down not Clinton. The dot.com bust and the democrat led congress brought the deficits up not Bush.
Obama... he's just a dirt bag good for nothing looser who's sole goal in life is to get revenge for his father and mother by destroying this country.
Where do you get these ideas?
probably from watching and paying attention to what has happened and what is happening.
And ignoring republican spending apparently.
OK, lets see now. the national debt was around 9T when obama took office, today it is around 17T. almost doubled in less than 5 years. all previous presidents created a debt of 9T and now under obama it has gone up to 17T.
yes, GOP presidents have engaged in deficit spending, but obama has created an entire new definition of deficit spending.
this is an undeniable FACT. spin as you wish, obama is the worst president in history.
Bush was handed a balanced budget and made a disaster of it. Obama was handed 2 wars, slow economy, and huge deficits. Bush was supposed to be small government conservative. What a joke. Liberals at least don't run on small gov.
Oh, the intellectual dishonesty is so transparent. During the two years Obama enjoyed a Democrat-controlled Congress, before the Tea Party ensured electoral defeats for this administration in 2011, there were month after month of record breaking deficits.
Revenues fell almost a trillion dollars over that time period.
yes, when unemployment is high, government revenue decreases. when the economy is in recession, government revenue decreases. there is a cause and effect relationship and obama's policies have caused the deficits to increase.
this is not really very complicated, want the debt to decrease? reduce taxes on businesses and individuals, put that money into the economy where it will create jobs and generate tax revenue in excess of what was being created by high taxation.
It worked when Kennedy did it and it worked when Reagan did it and it worked when Clinton and Bush did it.
But not chairman maobama, he is determined to destroy evil businesses and evil successful people and make everyone EQUALLY miserable-------its called socialism.
Where do you get these ideas?
probably from watching and paying attention to what has happened and what is happening.
The poster says that deficits were brought back by the dot.com bust and the Democratic Congress.
The deficits came back in 2002. Democrats didn't take back Congress until the 2006 election.
Now let's hear you defend the accuracy of what that poster said.
OK, lets see now. the national debt was around 9T when obama took office, today it is around 17T. almost doubled in less than 5 years. all previous presidents created a debt of 9T and now under obama it has gone up to 17T.
yes, GOP presidents have engaged in deficit spending, but obama has created an entire new definition of deficit spending.
this is an undeniable FACT. spin as you wish, obama is the worst president in history.
Bush was handed a balanced budget and made a disaster of it. Obama was handed 2 wars, slow economy, and huge deficits. Bush was supposed to be small government conservative. What a joke. Liberals at least don't run on small gov.
to be fair, the problems occured in bush's second term when congress was controlled by democrats. But if the president is responsible for everything under his watch, then bush is responsible.
you guys want to give clinton credit for his term, but you don't hold obama responsible for anything--------do you really think thats honest?
why is obama exempt from the responsibility that has been put on every other president for what happens during his term? Is it the race thing? can't hold the black guy responsible? WTF is wrong with you people?
Revenues fell almost a trillion dollars over that time period.
yes, when unemployment is high, government revenue decreases. when the economy is in recession, government revenue decreases. there is a cause and effect relationship and obama's policies have caused the deficits to increase.
this is not really very complicated, want the debt to decrease? reduce taxes on businesses and individuals, put that money into the economy where it will create jobs and generate tax revenue in excess of what was being created by high taxation.
It worked when Kennedy did it and it worked when Reagan did it and it worked when Clinton and Bush did it.
But not chairman maobama, he is determined to destroy evil businesses and evil successful people and make everyone EQUALLY miserable-------its called socialism.
It didn't work when Reagan did it. Reagan's tax cuts ended up as deficits in amounts not seen since 1945, and that's adjusted for inflation.
Bush was handed a balanced budget and made a disaster of it. Obama was handed 2 wars, slow economy, and huge deficits. Bush was supposed to be small government conservative. What a joke. Liberals at least don't run on small gov.
to be fair, the problems occured in bush's second term when congress was controlled by democrats. But if the president is responsible for everything under his watch, then bush is responsible.
you guys want to give clinton credit for his term, but you don't hold obama responsible for anything--------do you really think thats honest?
why is obama exempt from the responsibility that has been put on every other president for what happens during his term? Is it the race thing? can't hold the black guy responsible? WTF is wrong with you people?
What, specifically, did Bush try to do in 2007-2008, that would have avoided the problems,
but the Democratic Congress stopped him?
OK, lets see now. the national debt was around 9T when obama took office, today it is around 17T. almost doubled in less than 5 years. all previous presidents created a debt of 9T and now under obama it has gone up to 17T.
yes, GOP presidents have engaged in deficit spending, but obama has created an entire new definition of deficit spending.
this is an undeniable FACT. spin as you wish, obama is the worst president in history.
Bush was handed a balanced budget and made a disaster of it. Obama was handed 2 wars, slow economy, and huge deficits. Bush was supposed to be small government conservative. What a joke. Liberals at least don't run on small gov.
to be fair, the problems occured in bush's second term when congress was controlled by democrats. But if the president is responsible for everything under his watch, then bush is responsible.
you guys want to give clinton credit for his term, but you don't hold obama responsible for anything--------do you really think thats honest?
why is obama exempt from the responsibility that has been put on every other president for what happens during his term? Is it the race thing? can't hold the black guy responsible? WTF is wrong with you people?
probably from watching and paying attention to what has happened and what is happening.
The poster says that deficits were brought back by the dot.com bust and the Democratic Congress.
The deficits came back in 2002. Democrats didn't take back Congress until the 2006 election.
Now let's hear you defend the accuracy of what that poster said.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
The poster says that deficits were brought back by the dot.com bust and the Democratic Congress.
The deficits came back in 2002. Democrats didn't take back Congress until the 2006 election.
Now let's hear you defend the accuracy of what that poster said.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
And then combine that date with March 2000 when the dotcom/y2k/telecom crash started.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
And then combine that date with March 2000 when the dotcom/y2k/telecom crash started.
20 years of republican presidents and we get a lot of excuses. 8 years of Clinton and we get a balanced budget.
probably from watching and paying attention to what has happened and what is happening.
The poster says that deficits were brought back by the dot.com bust and the Democratic Congress.
The deficits came back in 2002. Democrats didn't take back Congress until the 2006 election.
Now let's hear you defend the accuracy of what that poster said.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
And then combine that date with March 2000 when the dotcom/y2k/telecom crash started.
20 years of republican presidents and we get a lot of excuses. 8 years of Clinton and we get a balanced budget.
You are an economic illiterate.
The balanced budget is a fiction. It is based on bogus accounting, which if corporations performed, would result in fraud convictions for executives.
The Financial Report of the United States, produced by the Treasury Department, attempts to apply proper GAAP accounting to U.S. finances. It's a more accurate picture, but even that understates the underfunded liabilities of massive loan guarantees and entitlement programs. Fannie Mae and Freddie Mac went on a binge starting with Clinton's watch...he was just lucky it didn't crash down while he was in office.
And then combine that date with March 2000 when the dotcom/y2k/telecom crash started.
20 years of republican presidents and we get a lot of excuses. 8 years of Clinton and we get a balanced budget.
You are an economic illiterate.
The balanced budget is a fiction. It is based on bogus accounting, which if corporations performed, would result in fraud convictions for executives.
The Financial Report of the United States, produced by the Treasury Department, attempts to apply proper GAAP accounting to U.S. finances. It's a more accurate picture, but even that understates the underfunded liabilities of massive loan guarantees and entitlement programs. Fannie Mae and Freddie Mac went on a binge starting with Clinton's watch...he was just lucky it didn't crash down while he was in office.
Bush DECIDED not to pay for the wars?
Congress has control of spending, bub.
Bush DECIDED not to pay for the wars?
Congress has control of spending, bub.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
And then combine that date with March 2000 when the dotcom/y2k/telecom crash started.
20 years of republican presidents and we get a lot of excuses. 8 years of Clinton and we get a balanced budget.
The poster says that deficits were brought back by the dot.com bust and the Democratic Congress.
The deficits came back in 2002. Democrats didn't take back Congress until the 2006 election.
Now let's hear you defend the accuracy of what that poster said.
just one question: 9/11/2001---------did that day have any affect on the fiscal situation in this country?
Yes, it led us into 2 wars that Bush decided not only not to pay for, but via 2 tax cuts he decided to reduce even further the revenue that would have paid for them.
Secondly, if you're going to try to let Bush off the deficit hook because of external events,
then by simple consistency you have to let Obama off the hook because of even more dramatic external events.
