Why is DJIA coming back on the heels of an Obama recession?

So now the stock market going up is an indication of how badly a president is doing?

Can we thus use the stock market performance over the course of Reagan's presidency as another indication of how bad a president he was?
 
Between outsourcing and automation, there's not a whole lot of need for simple labor anymore.

People with skills willl always find work.

People without are screwed.

If I'm not mistaken, cutting funding for jobs training programs are on the table. Talk about a counter-productive idea.
 
Between outsourcing and automation, there's not a whole lot of need for simple labor anymore.

People with skills willl always find work.

People without are screwed.

If I'm not mistaken, cutting funding for jobs training programs are on the table. Talk about a counter-productive idea.

Obama might not sign anything which cuts education. That's something he believes strongly in.
 
do you ever get tired of living in a fantasy land filled with hate and lies?

What hate and lies?
Please be specific where anyone of us has directly written "I HATE OBAMA"??
Where have there been any lies?
Are you telling us all that oppose Obama's agenda/philosophy and lack of any moral principles that we HATE OBAMA ALL THE TIME?

THAT WE ALL LIE EVERY TIME WE WRITE SOMETHING..ALL THE TIME?!!

Fantasy world is having people in the Obama administration that say "we need to raise gas prices"!
People who say "if they want to build a powerplant, we'll bankrupt them".
Fantasy when some one says "I prefer a single payer system" but seems to forget that if that is the case 1,400 businesses that employ 400,000 people and pay $100 billion a year in federal/state/local and property taxes go out of business!
WHAT happens then in your fantasy world???

Fantasy world is where NO one makes more money then anyone else.
Fantasy world in that case given realities of today would have meant no internet. No computers. No cell phones. No life style we know today.
Fantasy world is people who say "you didn't build that"!
Fantasy world is ignoring the taxes paid by the who that built the business that pays the employment taxes, the property taxes ,sales taxes.etc.
Fantasy world is ignoring how things are paid for as these typical Obama supporters attest:
I really would be disturbed if any one I supported had supporters like this.. "guilt by association"? "Birds of a Feather"???

ROGULSKI: And where did Obama get it?
WOMAN #1: I don't know, his stash. I don't know. (laughter) I don't know where he got it from, but he givin' it to us,
WOMAN #2: And we love him. WOMAN #1: We love him. That's why we voted for him!

Or maybe this person...
...""I wont have to worry about putting gas in my car, I won't have to worry about paying my mortgage..
You know, If I help him, he's gonna help me." http://www.youtube.com/watch?v=slUBWQ1AUEg"

Speaking of "fantasy world"!!!
 
do you ever get tired of living in a fantasy land filled with hate and lies?

What hate and lies?
Please be specific where anyone of us has directly written "I HATE OBAMA"??
Where have there been any lies?
Are you telling us all that oppose Obama's agenda/philosophy and lack of any moral principles that we HATE OBAMA ALL THE TIME?

THAT WE ALL LIE EVERY TIME WE WRITE SOMETHING..ALL THE TIME?!!

Fantasy world is having people in the Obama administration that say "we need to raise gas prices"!
People who say "if they want to build a powerplant, we'll bankrupt them".
Fantasy when some one says "I prefer a single payer system" but seems to forget that if that is the case 1,400 businesses that employ 400,000 people and pay $100 billion a year in federal/state/local and property taxes go out of business!
WHAT happens then in your fantasy world???

Fantasy world is where NO one makes more money then anyone else.
Fantasy world in that case given realities of today would have meant no internet. No computers. No cell phones. No life style we know today.
Fantasy world is people who say "you didn't build that"!
Fantasy world is ignoring the taxes paid by the who that built the business that pays the employment taxes, the property taxes ,sales taxes.etc.
Fantasy world is ignoring how things are paid for as these typical Obama supporters attest:
I really would be disturbed if any one I supported had supporters like this.. "guilt by association"? "Birds of a Feather"???

ROGULSKI: And where did Obama get it?
WOMAN #1: I don't know, his stash. I don't know. (laughter) I don't know where he got it from, but he givin' it to us,
WOMAN #2: And we love him. WOMAN #1: We love him. That's why we voted for him!

Or maybe this person...
...""I wont have to worry about putting gas in my car, I won't have to worry about paying my mortgage..
You know, If I help him, he's gonna help me." http://www.youtube.com/watch?v=slUBWQ1AUEg"

Speaking of "fantasy world"!!!

The real world is when John Kennedy pledged for the U S to put a man on the moon and return him safely to the earth. State of the art electronics at that time were vacuum tubes. Everything we use today is a direct product which sprang from transistors during the early years of that effort. Micro chips followed as miniturization continued. Now after eight years of Republicans and four years of Republicans blocking anything the president has wanted to do there is no NASA. The moon thing was back when the rich paid their fair share of the taxes in this country:

3.jpg
 
The GDP that plummeted in 2008 when the wealth bubble exploded has had in reality no growth sense
Having an economy that grows 2% after falling 18% in 2008 is not growth despite record deficit spending, That is not even a correction

Companies are making money. Those lucky enough to be working are the last ones standing
Companies have trimmed the payroll as well as production, expansion, etc... that has made investors feel confident in they have learned there lesson.
There has been no job growth except in the oil and gas sector
Simply put, BHO anemic economy is priced in

Only a real idiot or a lying political hack would call the recession of 2008 O'bama's recession, even the dull normal know Obama did not take office until January 2009.

By definition the GDP losing ground in the last 1/4 of 2012 dos define a recession
Wry your not even funny
If you think the country is not in a recession, that is fine with me
when you factor in the trillion dollar plus deficit as well as spending 500 billion more each year than any president ever? what state would you declare this great economy in?


What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a few years ago as economists and commentators debated whether we were officially in a recession or not. As economist Paul Krugman argued in 2007:

“The official definition of recession has become delinked from peoples’ actual experience. Right now, we’re in an economy with deteriorating employment and incomes, collapsing home prices, and business retrenchment. Is it also an economy in recession? Who cares?”
backfiring on him now
the economy we had in 2007 was 10 times what this has been as well as the job data was
Now Wry, try and take an honest look at the President, his spending and how this country is fairing?
Lately you have been ignoring my rebuttle s
Just because you have been corrected again, try and respond to this one for a change
I am not a hack, I am a concerned American who is/has been pointing out the truth




Read more: Is U.S. Already in A Recession? | TIME.com
 
Re: post #45.

It was a Republican President who exchanged word with a fellow human being from another celestial body.
 
The GDP that plummeted in 2008 when the wealth bubble exploded has had in reality no growth sense
Having an economy that grows 2% after falling 18% in 2008 is not growth despite record deficit spending, That is not even a correction

Companies are making money. Those lucky enough to be working are the last ones standing
Companies have trimmed the payroll as well as production, expansion, etc... that has made investors feel confident in they have learned there lesson.
There has been no job growth except in the oil and gas sector
Simply put, BHO anemic economy is priced in

Only a real idiot or a lying political hack would call the recession of 2008 O'bama's recession, even the dull normal know Obama did not take office until January 2009.

By definition the GDP losing ground in the last 1/4 of 2012 dos define a recession
Wry your not even funny
If you think the country is not in a recession, that is fine with me
when you factor in the trillion dollar plus deficit as well as spending 500 billion more each year than any president ever? what state would you declare this great economy in?


What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a few years ago as economists and commentators debated whether we were officially in a recession or not. As economist Paul Krugman argued in 2007:

“The official definition of recession has become delinked from peoples’ actual experience. Right now, we’re in an economy with deteriorating employment and incomes, collapsing home prices, and business retrenchment. Is it also an economy in recession? Who cares?”
backfiring on him now
the economy we had in 2007 was 10 times what this has been as well as the job data was
Now Wry, try and take an honest look at the President, his spending and how this country is fairing?
Lately you have been ignoring my rebuttle s
Just because you have been corrected again, try and respond to this one for a change
I am not a hack, I am a concerned American who is/has been pointing out the truth




Read more: Is U.S. Already in A Recession? | TIME.com

$500 billion a year is about what it takes to pay the interest on the Reagan/Bushes debt:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00
 
Last edited:
Only a real idiot or a lying political hack would call the recession of 2008 O'bama's recession, even the dull normal know Obama did not take office until January 2009.

By definition the GDP losing ground in the last 1/4 of 2012 dos define a recession
Wry your not even funny
If you think the country is not in a recession, that is fine with me
when you factor in the trillion dollar plus deficit as well as spending 500 billion more each year than any president ever? what state would you declare this great economy in?


What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a few years ago as economists and commentators debated whether we were officially in a recession or not. As economist Paul Krugman argued in 2007:

“The official definition of recession has become delinked from peoples’ actual experience. Right now, we’re in an economy with deteriorating employment and incomes, collapsing home prices, and business retrenchment. Is it also an economy in recession? Who cares?”
backfiring on him now
the economy we had in 2007 was 10 times what this has been as well as the job data was
Now Wry, try and take an honest look at the President, his spending and how this country is fairing?
Lately you have been ignoring my rebuttle s
Just because you have been corrected again, try and respond to this one for a change
I am not a hack, I am a concerned American who is/has been pointing out the truth




Read more: Is U.S. Already in A Recession? | TIME.com

$500 billion a year is about what it takes to pay the interest on the Reagan/Bushes debt:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

when we talk about the un educated voter it is you we talk about
The President signs the budget
congress in acts
2009 is 50% BHO
2007 we were within 162 billion of a balanced budget
HUGE difference in debt and deficit
2 wars
Katrina and 6 other major "sandys" (which was another 50 billion dollar stimulus from the left)

What’s driving Obama’s unprecedented massive deficits? Spending. Riedl details:
President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
President Bush began a string of expensive finan*cial bailouts. President Obama is accelerating that course.
President Bush created a Medicare drug entitle*ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern*ment health care fund.
President Bush increased federal education spending 58 percent faster than inflation. Presi*dent Obama would double it.
President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in*creased this spending by 20 percent.
President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.
President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016. (in reality he did that in 4)
UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.
CLARIFICATION: Of course, this Washington Post graphic does not perfectly delineate budget surpluses and deficits by administration. President Bush took office in January 2001, and therefore played a lead role in crafting the FY 2002-2008 budgets. Presidents Bush and Obama share responsibility for the FY 2009 budget deficit that overlaps their administrations, before President Obama assumes full budgetary responsibility beginning in FY 2010. Overall, President Obama’s budget would add twice as much debt as President Bush over the same number of years.

There is a huge difference in deficits and debt my friend
http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/
 
Last edited:
By definition the GDP losing ground in the last 1/4 of 2012 dos define a recession
Wry your not even funny
If you think the country is not in a recession, that is fine with me
when you factor in the trillion dollar plus deficit as well as spending 500 billion more each year than any president ever? what state would you declare this great economy in?


What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a few years ago as economists and commentators debated whether we were officially in a recession or not. As economist Paul Krugman argued in 2007:

“The official definition of recession has become delinked from peoples’ actual experience. Right now, we’re in an economy with deteriorating employment and incomes, collapsing home prices, and business retrenchment. Is it also an economy in recession? Who cares?”
backfiring on him now
the economy we had in 2007 was 10 times what this has been as well as the job data was
Now Wry, try and take an honest look at the President, his spending and how this country is fairing?
Lately you have been ignoring my rebuttle s
Just because you have been corrected again, try and respond to this one for a change
I am not a hack, I am a concerned American who is/has been pointing out the truth




Read more: Is U.S. Already in A Recession? | TIME.com

$500 billion a year is about what it takes to pay the interest on the Reagan/Bushes debt:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

when we talk about the un educated voter it is you we talk about
The President signs the budget
congress in acts
2009 is 50% BHO
2007 we were within 162 billion of a balanced budget
HUGE difference in debt and deficit
2 wars
Katrina and 6 other major "sandys" (which was another 50 billion dollar stimulus from the left)

What’s driving Obama’s unprecedented massive deficits? Spending. Riedl details:
President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
President Bush began a string of expensive finan*cial bailouts. President Obama is accelerating that course.
President Bush created a Medicare drug entitle*ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern*ment health care fund.
President Bush increased federal education spending 58 percent faster than inflation. Presi*dent Obama would double it.
President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in*creased this spending by 20 percent.
President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.
President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016. (in reality he did that in 4)
UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.
CLARIFICATION: Of course, this Washington Post graphic does not perfectly delineate budget surpluses and deficits by administration. President Bush took office in January 2001, and therefore played a lead role in crafting the FY 2002-2008 budgets. Presidents Bush and Obama share responsibility for the FY 2009 budget deficit that overlaps their administrations, before President Obama assumes full budgetary responsibility beginning in FY 2010. Overall, President Obama’s budget would add twice as much debt as President Bush over the same number of years.

There is a huge difference in deficits and debt my friend
Bush Deficit vs. Obama Deficit in Pictures - The Foundry: Conservative Policy News Blog from The Heritage Foundation

Ramble all you want to but the cold hard facts are that tax cuts for the wealthy caused the debt. Back when the wealthy served in their wars and paid their share this was a great country. Someone from the middle class actually counted. It's academic anyway....the electorate has caught onto the Republican schemes and unless they develop some ideas which are good for everyone and not just those at the top they are history.
 
Last edited:
$500 billion a year is about what it takes to pay the interest on the Reagan/Bushes debt:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

when we talk about the un educated voter it is you we talk about
The President signs the budget
congress in acts
2009 is 50% BHO
2007 we were within 162 billion of a balanced budget
HUGE difference in debt and deficit
2 wars
Katrina and 6 other major "sandys" (which was another 50 billion dollar stimulus from the left)

What’s driving Obama’s unprecedented massive deficits? Spending. Riedl details:
President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
President Bush began a string of expensive finan*cial bailouts. President Obama is accelerating that course.
President Bush created a Medicare drug entitle*ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern*ment health care fund.
President Bush increased federal education spending 58 percent faster than inflation. Presi*dent Obama would double it.
President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in*creased this spending by 20 percent.
President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.
President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016. (in reality he did that in 4)
UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.
CLARIFICATION: Of course, this Washington Post graphic does not perfectly delineate budget surpluses and deficits by administration. President Bush took office in January 2001, and therefore played a lead role in crafting the FY 2002-2008 budgets. Presidents Bush and Obama share responsibility for the FY 2009 budget deficit that overlaps their administrations, before President Obama assumes full budgetary responsibility beginning in FY 2010. Overall, President Obama’s budget would add twice as much debt as President Bush over the same number of years.

There is a huge difference in deficits and debt my friend
Bush Deficit vs. Obama Deficit in Pictures - The Foundry: Conservative Policy News Blog from The Heritage Foundation

Ramble all you want to but the cold hard facts are that tax cuts for the wealthy caused the debt. Back when the wealthy served in their wars and paid their share this was a great country. Someone from the middle class actually counted. It's academic anyway....the electorate has caught onto the Republican schemes and unless they develop some ideas which are good for everyone and not just those at the top they are history.

Ramble on?
we had 2 wars wide open in 2007 and the deficit for the year was 162 billion
BHO cannot get that with a trillion added to it
ITS COLD HARD FACTS
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

are you familiar with the deficits that occurred under reagan?
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

are you familiar with the deficits that occurred under reagan?



Yeah, I'm not so sure we need more Reaganomics right now...

.
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

Reagan conservative LMAO

Reagan was a Democrat and the president of a union until his B movies began to make some serious bucks. Then he abandoned the Democrats because he knew they didn't give a damn whether he got to keep 90% of his millions or not. Tax cuts for the wealthy caused all this mess and only those who are in denial or can't read believe otherwise:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00[/QUOTE]
 
Last edited:
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

are you familiar with the deficits that occurred under reagan?

Are you familiar who was running congress most of that time?
Are you familiar with the UE rate from left over Carter mess?
Clinton' s surplus came from Reagan's job creating policies as well as a GOP congress

Your claiming that a 100 billion dollar deficit some how is the same as a 1.5 trillion dollar defict?
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

Reagan conservative LMAO

Reagan was a Democrat and the president of a union until his B movies began to make some serious bucks. Then he abandoned the Democrats because he knew they didn't give a damn whether he got to keep 90% of his millions or not. Tax cuts for the wealthy caused all this mess and only those who are in denial or can't read believe otherwise:

.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00
[/QUOTE]

Dude you have no idea what your talking about
There is a huge difference in Debt and deficits
W went through this and your still putting the same BS info out

Again all your doing is confirming how bad the left (and deficits are) is when they are in congress
The GOP (excpet 00-02) had congress from 94 through 06
Look at those numbers and keep posting you BS

we had a 162 billion dollar deficit in 2007, from the 2006 congress
we had a 1.5 trillion deficit in 2009 from a Dem congress, failed stimulus, last 50% of tarp (we got all of GWB tarp back) as well as the infamous Omnibus bill

You really need to understand how this country works. Your making a folol of your self
 
Un educated voters who have been lied too have changed the direction of this country
Yes the GOP is not helping them selves
But the true Reagan conservative could fix this mess
4 years ago, nothing to it
today?
It is a mess I am not sure we can ever fix

are you familiar with the deficits that occurred under reagan?

Are you familiar who was running congress most of that time?
Are you familiar with the UE rate from left over Carter mess?
Clinton' s surplus came from Reagan's job creating policies as well as a GOP congress

Your claiming that a 100 billion dollar deficit some how is the same as a 1.5 trillion dollar defict?

You're blind as a bat.....a Republican bat. None of this debt bullshit started till Reagan did the massive tax cuts. I might also point out that Reagan got less than he asked for seven of the eight years.


.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00[/QUOTE]
 
Last edited:
are you familiar with the deficits that occurred under reagan?

Are you familiar who was running congress most of that time?
Are you familiar with the UE rate from left over Carter mess?
Clinton' s surplus came from Reagan's job creating policies as well as a GOP congress

Your claiming that a 100 billion dollar deficit some how is the same as a 1.5 trillion dollar defict?

You're blind as a bat.....a Republican bat. None of this debt bullshit started till Reagan did the massive tax cuts. I might also point out that Reagan got less than he asked for seven of the eight years.


.............................ANNUAL INTEREST/NATIONAL DEBT.............................
RP_10_16_12.png


Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00
[/QUOTE]

Dude your not impressing anyone with this
Not sure you desperation to defend a failed presidency is going to get you anywhere

If your no smarter than that, go away please

In 2007 we had a 162 billion dollar deficit
in 2009 after BHO added 500 billion to GWB base line, we had a 1.4 trillion dollar deficit

and your trying to blame this on Reagan?
GWB?

It has been the same sense
 
People who voted for BHO, enough of them have no clue as to how this govt works

In 2007 the country run in the red 162 billion
no wars that year we have a balanced budget

In 2009 with massive job loss as well as GWB policies NOT including the wars (it is where our tax dollars are mandated by the constitution to go, not medicare D or no child left behind) we would have run about a 600 billion dollar defict.
add the wars, 800 billion
add BHO, it os 1.3 trillion (some of tarp has been paid back sense, officially it was 1.4 trillion)

The job loss was a private sector wreck, not BHO nor GWB had little to do with causing it
Iraq is over thanks to GWB in 2 years from 09i
where did that money go?
The 500 billion BHO added has not went away, why?
No budget, the spending levels automatically go up each year
this is about to change because BHO hass his spending levels where he wants them

W/ jobs and no 500 billion from BHO we are at a 1-150 billion dollar deficit each year
2007 proved that
W/ 8 million people leaving the work force as well as no jobs its at 5-700 billion each year
add BHO 500 billion here we are
1.2 trillion each year
And people claim Reagan has something to do with that?
GWB?
 
Last edited:

Forum List

Back
Top