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

[Cammmpbell]

I'm not very sure your recent loss to a "failed presidency" cuts a lot of ice either. Have you ever stopped to think about that? 'Couldn't even find a candidate who could come close to the first Black president in our nation's history in the middle of the worst recession since Hoover and the banks screwed things up. I really wonder what the future of the Republican party is.......they haven't done anything right since Richard Nixon. At least ol' Milhous kept his spending, debt and taxation balanced.

By the way....I voted for Nixon three times. That was back when the Republican party stood for something besides low taxes for the rich and bible thumping pricks.

What does his race have to do with massive yearly deficits and no jobs in the private sector?
I have made many remarks as to the mess BHO not only inherited, he was a US senator when the wheels came off
What does that have to do with anything?
GWB had a recession
9-11
the NASDAQ bubble
as well as the 1000s of Enron s that went down in late 2001
And the job loss of GWB first 2 years in office
by 2007 we had added close to 8 million jobs and the deficit was 163 billion

CES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
4 million through his entire term (these numbers are 12/01 through 12/08
ES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
CES0000000001 2008 M12 134425
we are 4 million jobs short of 07 levels STILL with all of this money gone!!!!

CES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
CES0000000001 2008 M12 134425
CES0000000001 2009 M12 129373
CES0000000001 2010 M12 130395
CES0000000001 2011 M12 132498
CES0000000001 2012 M12 134668(P)
P : preliminary
Databases, Tables & Calculators by Subject

So whats your point?

chill out dude
face the facts that this president has failed, he cannot undo the deficits he alone added to the baseline budget in 2009 with the dem parties blessing in congress. That money is gone
what exactly did he save?

Hey fella'. At the end of Geroge W. Bush's last budget the interest due and payable on the Reagan/Bushes debt was $454 billion. Unlike the debt itself the interest must be paid when it's due...in full. It doesn't take a rocket scientist to understand that over a trillion and a half of Obama's debt went to pay interest on debt which was there when he took over. You didn't think all those foreign banks were loaning Reagan and the Bushes all those trillions because they liked their looks did you?

What does that have to do with anything?
from 2007
BTW the interest on the debt came from all presidents
Not just the one who inherited J Carters mess and signed the Democrats budget plan nor the president that had a little event called 9-11 in hos his first 8 months that also had his last 2 years on the back of Dem spending
You have no idea what your talking about, you are the classic example of an educated voter
2007 United States federal budget - Wikipedia, the free encyclopedia

Total spending
A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General governmen[/QUOTE]

Horse Shit! The rates were at a level which paid off the WW2 debt. When Reagan took over the total debt was less than one trillion. He put through massive tax cuts for his rich buddies then he and Bush41 proceeded to quadruple the debt for the first time In the nation's history. You need to get out more and watch something besides Fox News:

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(Clinton raised taxes)

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

 

[NYcarbineer]

Why has growth been slow and unemployment slow to decline?

The answer in one chart:

The U.S. economy in one chart

 

[JRK]

What does his race have to do with massive yearly deficits and no jobs in the private sector?
I have made many remarks as to the mess BHO not only inherited, he was a US senator when the wheels came off
What does that have to do with anything?
GWB had a recession
9-11
the NASDAQ bubble
as well as the 1000s of Enron s that went down in late 2001
And the job loss of GWB first 2 years in office
by 2007 we had added close to 8 million jobs and the deficit was 163 billion

CES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
4 million through his entire term (these numbers are 12/01 through 12/08
ES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
CES0000000001 2008 M12 134425
we are 4 million jobs short of 07 levels STILL with all of this money gone!!!!

CES0000000001 2001 M12 130823
CES0000000001 2002 M12 130291
CES0000000001 2003 M12 130353
CES0000000001 2004 M12 132372
CES0000000001 2005 M12 134856
CES0000000001 2006 M12 136927
CES0000000001 2007 M12 138042
CES0000000001 2008 M12 134425
CES0000000001 2009 M12 129373
CES0000000001 2010 M12 130395
CES0000000001 2011 M12 132498
CES0000000001 2012 M12 134668(P)
P : preliminary
Databases, Tables & Calculators by Subject

So whats your point?

chill out dude
face the facts that this president has failed, he cannot undo the deficits he alone added to the baseline budget in 2009 with the dem parties blessing in congress. That money is gone
what exactly did he save?

Hey fella'. At the end of Geroge W. Bush's last budget the interest due and payable on the Reagan/Bushes debt was $454 billion. Unlike the debt itself the interest must be paid when it's due...in full. It doesn't take a rocket scientist to understand that over a trillion and a half of Obama's debt went to pay interest on debt which was there when he took over. You didn't think all those foreign banks were loaning Reagan and the Bushes all those trillions because they liked their looks did you?

What does that have to do with anything?
from 2007
BTW the interest on the debt came from all presidents
Not just the one who inherited J Carters mess and signed the Democrats budget plan nor the president that had a little event called 9-11 in hos his first 8 months that also had his last 2 years on the back of Dem spending
You have no idea what your talking about, you are the classic example of an educated voter
2007 United States federal budget - Wikipedia, the free encyclopedia

Total spending
A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General governmen

Horse Shit! The rates were at a level which paid off the WW2 debt. When Reagan took over the total debt was less than one trillion. He put through massive tax cuts for his rich buddies then he and Bush41 proceeded to quadruple the debt for the first time In the nation's history. You need to get out more and watch something besides Fox News:

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(Clinton raised taxes)

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]

Are you going to ever discuss any thing that has anything to do with today's issues?
THE LAST GOP BUDGET IN 2007 WE HAD A DEFICIT OF 163 BILLION WITH IRAQ, IN 2009 WITH ADDING 500 BILLION TO GWB LAST BASE-LINE AND HUGE JOB LOSS WE HAD A DEFICIT OF 1/5 TRILLION.
This has continued sense then with no end in sight.
Now you can blame RR for that, but he is dead
You can blame GWB for it, but the last budget he and the GOP last dance added a total of 163 billion
DUDE GET A LIFE
2007 United States federal budget - Wikipedia, the free encyclopedia
Submitted by George W. Bush
Submitted to 109th Congress
Total revenue $2.57 trillion
Total expenditures $2.73 trillion
Deficit $161 billion
Debt $8.95 trillion

BTW the debt to date is over 16 trillion
your trying to tell the world that the 7 trillion dollar addition sense 2007 is RR fault?
Dude you are without a doubt moved straight to my top 5 list of hopeless liberals
No matter how much BHO harms your country (and mine) he will be right

 

[Cammmpbell]

Hey fella'. At the end of Geroge W. Bush's last budget the interest due and payable on the Reagan/Bushes debt was $454 billion. Unlike the debt itself the interest must be paid when it's due...in full. It doesn't take a rocket scientist to understand that over a trillion and a half of Obama's debt went to pay interest on debt which was there when he took over. You didn't think all those foreign banks were loaning Reagan and the Bushes all those trillions because they liked their looks did you?

What does that have to do with anything?
from 2007
BTW the interest on the debt came from all presidents
Not just the one who inherited J Carters mess and signed the Democrats budget plan nor the president that had a little event called 9-11 in hos his first 8 months that also had his last 2 years on the back of Dem spending
You have no idea what your talking about, you are the classic example of an educated voter
2007 United States federal budget - Wikipedia, the free encyclopedia

Total spending
A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General governmen

Horse Shit! The rates were at a level which paid off the WW2 debt. When Reagan took over the total debt was less than one trillion. He put through massive tax cuts for his rich buddies then he and Bush41 proceeded to quadruple the debt for the first time In the nation's history. You need to get out more and watch something besides Fox News:

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(Clinton raised taxes)

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

Are you going to ever discuss any thing that has anything to do with today's issues?
THE LAST GOP BUDGET IN 2007 WE HAD A DEFICIT OF 163 BILLION WITH IRAQ, IN 2009 WITH ADDING 500 BILLION TO GWB LAST BASE-LINE AND HUGE JOB LOSS WE HAD A DEFICIT OF 1/5 TRILLION.
This has continued sense then with no end in sight.
Now you can blame RR for that, but he is dead
You can blame GWB for it, but the last budget he and the GOP last dance added a total of 163 billion
DUDE GET A LIFE
2007 United States federal budget - Wikipedia, the free encyclopedia
Submitted by George W. Bush
Submitted to 109th Congress
Total revenue $2.57 trillion
Total expenditures $2.73 trillion
Deficit $161 billion
Debt $8.95 trillion

BTW the debt to date is over 16 trillion
your trying to tell the world that the 7 trillion dollar addition sense 2007 is RR fault?
Dude you are without a doubt moved straight to my top 5 list of hopeless liberals
No matter how much BHO harms your country (and mine) he will be right[/QUOTE]

If you understood anything at all you would know that a fiscal year for the United States government runs from Oct. 1 of the year to Sept. 30th of the next year. The information is given in the legend of the chart. Bush's last fy began Oct. 1, 2008 and ended Sept.30th 2009. Hell....if it was different from that Bush's $870 billion gift to the banks in Oct. 2008 would have been charged to Obama four months before he was sworn in. Note that the 2008 interest was $451 billion....that's nearly half a trillion dollars. If you're going to argue with me learn how it works then come back:


..............................ANNUAL INTEREST/NATIONAL DEBT................................

 

[auditor0007]

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

Basically, companies have learned to deal with this slow economy, and since they are staying very profitable and their tax burden is minimal, they see no need to expand. Despite the argument that corporate tax rates are much too high, the truth is that companies are paying fewer taxes now then ever before. And for the CEO's? So long as they are running profits, they are being rewarded with huge bonuses and salaries. They don't need growth to achieve those bonuses either. The entire system is actually become somewhat anti-capitalistic. Limited risk with guaranteed returns is winning out over greater risk for greater growth.

In the long run, there is only one thing that is likely to change this, outside of changing many tax laws, and that is for the country to have a population boom.

 

[edthecynic]

very little
Unconventional Oil and Gas Industry Created 1.7 Million Jobs This Year
The U.S. oil and natural-gas rush is hacking away at unemployment, manufacturing a total of 1.7 million jobs this year

Why not post the BLS data on job growth by sector. It is easily had. I feel like I should not do this for you....as you seem to want to post facts.

By the way...we have gone from "no job growth" to "very little job growth". I like the trend.

In the private sector It is a matter of opinion as to how many jobs have been actually created
With so many leaving the work force one can make the case for either
Bottom line is anemic is correct
It is amusing the Liberal would question that yet for a man who claimed this
CNN Fact Check: About those 4.5 million jobs ... - CNN.com

And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There's been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.

There are 143,322,000 employed today.

 

[edthecynic]

In the private sector It is a matter of opinion as to how many jobs have been actually created
With so many leaving the work force one can make the case for either
Bottom line is anemic is correct
It is amusing the Liberal would question that yet for a man who claimed this
CNN Fact Check: About those 4.5 million jobs ... - CNN.com

And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There's been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.

A matter of opinion?

You are disappointing.

You have nothing more to say than that?

First Term: Americans ‘Not in Labor Force’ Increased 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

To be in the labor force a person must either have a job or actively sought one in the previous four weeks.

When Obama was inaugurated in January 2009, there were 80,507,000 American civilians age 16 or older who did not have a job or seek one. In December 2012, there were 88,839,000—thus, the increase of 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480
First Term: Americans ?Not in Labor Force? Increased 8,332,000 | CNS News

Simply put there is over 8 million people who no longer go against the UE rate.
Now in my opinion with only 50% of those going on SS that leaves close to 4 million people that are in fact UE yet have no bearing on the labor report, I cannot imagine how any-one could claim any jobs have been created
A sated in the CNN fact check if you take in account the "job created" number sense 7/2012 when the article was wrote, there has been a few created in the private sector even with trillions in borrowed spending in the private sector sense BHO took office
As I stated, it is a matter of opinion as to how many jobs have really been created
Do your DD.
This is why people who have been lying to got re elected

Sad

CNS, like all CON$ervoFascist sources, have no credibility. In Obama's first term there were 10,718,424 new SS benefit awards. 54% of them leave the workforce by age 65, that is 5,787,949. There was also 4,043,467 of the aging workforce becoming disabled. The CON$ervoFascist Brotherhood want no one to retire. All should work until they drop dead on the job no matter how old or crippled they become.

 

[edthecynic]

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.............................

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

When we talk about the Misinformation Voter we are talking about you.

The difference in deficits and debt is deficits are smoke and mirrors and debt is real. You claim 2007 was within 162 billion of a balanced budget (deficit) but Bush borrowed 500 billion in 2007 (debt). He borrowed a trillion in 2008.

You try to blame the carryover from the GOP national debt, like over 1.5 trillion in interest the last 4 years, on Obama when Reagan, Bush I and Bush II own it.

 

[Cammmpbell]

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

.............................ANNUAL INTEREST/NATIONAL DEBT.............................

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

When we talk about the Misinformation Voter we are talking about you.

The difference in deficits and debt is deficits are smoke and mirrors and debt is real. You claim 2007 was within 162 billion of a balanced budget (deficit) but Bush borrowed 500 billion in 2007 (debt). He borrowed a trillion in 2008.

You try to blame the carryover from the GOP national debt, like over 1.5 trillion in interest the last 4 years, on Obama when Reagan, Bush I and Bush II own it.

When we talk about Fox News Republicans in denial they know nothing. What part of cutting taxes, quadrupling and doubling the national debt is it they fail to understand? How can they stand and watch most of Obama's spending go to pay interest on the debt he assumed and actually believe there's anything left for the Republicans except to support the corporations and wealthy? If they hold that thought they should get used to trying to work with Democrat presidents because unless their asses come out of that hermetically sealed bubble they've won the last presidential election. Hell....they've lost four of the last six anyway.

 

[NYcarbineer]

Why has growth been slow and unemployment slow to decline?

The answer in one chart:

The U.S. economy in one chart

As the chart above shows, the public sector has been in recession for almost 3 years. The private sector has been growing at 3% a year or better.

The ongoing smaller government trend is the drag on the economy.

 

[JRK]

What does that have to do with anything?
from 2007
BTW the interest on the debt came from all presidents
Not just the one who inherited J Carters mess and signed the Democrats budget plan nor the president that had a little event called 9-11 in hos his first 8 months that also had his last 2 years on the back of Dem spending
You have no idea what your talking about, you are the classic example of an educated voter
2007 United States federal budget - Wikipedia, the free encyclopedia

Total spending
A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General governmen

Horse Shit! The rates were at a level which paid off the WW2 debt. When Reagan took over the total debt was less than one trillion. He put through massive tax cuts for his rich buddies then he and Bush41 proceeded to quadruple the debt for the first time In the nation's history. You need to get out more and watch something besides Fox News:

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(Clinton raised taxes)

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

Are you going to ever discuss any thing that has anything to do with today's issues?
THE LAST GOP BUDGET IN 2007 WE HAD A DEFICIT OF 163 BILLION WITH IRAQ, IN 2009 WITH ADDING 500 BILLION TO GWB LAST BASE-LINE AND HUGE JOB LOSS WE HAD A DEFICIT OF 1/5 TRILLION.
This has continued sense then with no end in sight.
Now you can blame RR for that, but he is dead
You can blame GWB for it, but the last budget he and the GOP last dance added a total of 163 billion
DUDE GET A LIFE
2007 United States federal budget - Wikipedia, the free encyclopedia
Submitted by George W. Bush
Submitted to 109th Congress
Total revenue $2.57 trillion
Total expenditures $2.73 trillion
Deficit $161 billion
Debt $8.95 trillion

BTW the debt to date is over 16 trillion
your trying to tell the world that the 7 trillion dollar addition sense 2007 is RR fault?
Dude you are without a doubt moved straight to my top 5 list of hopeless liberals
No matter how much BHO harms your country (and mine) he will be right

If you understood anything at all you would know that a fiscal year for the United States government runs from Oct. 1 of the year to Sept. 30th of the next year. The information is given in the legend of the chart. Bush's last fy began Oct. 1, 2008 and ended Sept.30th 2009. Hell....if it was different from that Bush's $870 billion gift to the banks in Oct. 2008 would have been charged to Obama four months before he was sworn in. Note that the 2008 interest was $451 billion....that's nearly half a trillion dollars. If you're going to argue with me learn how it works then come back:


..............................ANNUAL INTEREST/NATIONAL DEBT................................

[/QUOTE]

2007 deficit was 162 billion
the last GOP budget

The 2009 Deficit was 1.5 trillion and has been well over 1 trillion dollars each year
Now you can keep spamming the same info, they will catch up with you and ask to you stop
again
07, 162 billion
09- present, well over 1 trillion
not sure what your trying to prove, but there are the facts

 

[JRK]

Why not post the BLS data on job growth by sector. It is easily had. I feel like I should not do this for you....as you seem to want to post facts.

By the way...we have gone from "no job growth" to "very little job growth". I like the trend.

In the private sector It is a matter of opinion as to how many jobs have been actually created
With so many leaving the work force one can make the case for either
Bottom line is anemic is correct
It is amusing the Liberal would question that yet for a man who claimed this
CNN Fact Check: About those 4.5 million jobs ... - CNN.com

And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There's been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.

There are 143,322,000 employed today.

Not in the private sector, please pa attention to the links
hiring more govt employees helps only them and is part of what is wrong with this country

 

[JRK]

A matter of opinion?

You are disappointing.

You have nothing more to say than that?

First Term: Americans ‘Not in Labor Force’ Increased 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

To be in the labor force a person must either have a job or actively sought one in the previous four weeks.

When Obama was inaugurated in January 2009, there were 80,507,000 American civilians age 16 or older who did not have a job or seek one. In December 2012, there were 88,839,000—thus, the increase of 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480
First Term: Americans ?Not in Labor Force? Increased 8,332,000 | CNS News

Simply put there is over 8 million people who no longer go against the UE rate.
Now in my opinion with only 50% of those going on SS that leaves close to 4 million people that are in fact UE yet have no bearing on the labor report, I cannot imagine how any-one could claim any jobs have been created
A sated in the CNN fact check if you take in account the "job created" number sense 7/2012 when the article was wrote, there has been a few created in the private sector even with trillions in borrowed spending in the private sector sense BHO took office
As I stated, it is a matter of opinion as to how many jobs have really been created
Do your DD.
This is why people who have been lying to got re elected

Sad

CNS, like all CON$ervoFascist sources, have no credibility. In Obama's first term there were 10,718,424 new SS benefit awards. 54% of them leave the workforce by age 65, that is 5,787,949. There was also 4,043,467 of the aging workforce becoming disabled. The CON$ervoFascist Brotherhood want no one to retire. All should work until they drop dead on the job no matter how old or crippled they become.

why is it personal?
pay attention to the links provided
August jobs report: 96,000 jobs added, unemployment 8.1%, 30-year low in workforce participation rate « Hot Air
Only 115,000 jobs were added in April, far fewer than the 180,000 economists were expecting. The reason the unemployment rate declined slightly to 8.1 percent and the broader “U-6″ measure remained at 14.5 percent is because 342,000 more people gave up looking for work and quit the labor force.
Obama?s failed policies cause millions of Americans to give up | RedState

 

[JRK]

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

.............................ANNUAL INTEREST/NATIONAL DEBT.............................

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

When we talk about the Misinformation Voter we are talking about you.

The difference in deficits and debt is deficits are smoke and mirrors and debt is real. You claim 2007 was within 162 billion of a balanced budget (deficit) but Bush borrowed 500 billion in 2007 (debt). He borrowed a trillion in 2008.

You try to blame the carryover from the GOP national debt, like over 1.5 trillion in interest the last 4 years, on Obama when Reagan, Bush I and Bush II own it.

bull shit
the deficit for 2007 was 162 billion
2007 United States federal budget - Wikipedia, the free encyclopedia
this included paying interest in the dbt
Total spending



A pie chart representing spending by category for the US budget for 2007
The President's actual budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:
$586.1 billion (+7.0%) - Social Security
$548.8 billion (+9.0%) - Defense[2]
$394.5 billion (+12.4%) - Medicare
$294.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$20.5 billion (+0.8%) - Energy
$20.1 billion (+11.4%) - General government
now show me where any one borrowed 1 million dollars?
Your being lied too
we had a deficit of 162 billion as noted here-in
I do not understand

 

[edthecynic]

You have nothing more to say than that?

First Term: Americans ‘Not in Labor Force’ Increased 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

To be in the labor force a person must either have a job or actively sought one in the previous four weeks.

When Obama was inaugurated in January 2009, there were 80,507,000 American civilians age 16 or older who did not have a job or seek one. In December 2012, there were 88,839,000—thus, the increase of 8,332,000
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480
First Term: Americans ?Not in Labor Force? Increased 8,332,000 | CNS News

Simply put there is over 8 million people who no longer go against the UE rate.
Now in my opinion with only 50% of those going on SS that leaves close to 4 million people that are in fact UE yet have no bearing on the labor report, I cannot imagine how any-one could claim any jobs have been created
A sated in the CNN fact check if you take in account the "job created" number sense 7/2012 when the article was wrote, there has been a few created in the private sector even with trillions in borrowed spending in the private sector sense BHO took office
As I stated, it is a matter of opinion as to how many jobs have really been created
Do your DD.
This is why people who have been lying to got re elected

Sad

CNS, like all CON$ervoFascist sources, have no credibility. In Obama's first term there were 10,718,424 new SS benefit awards. 54% of them leave the workforce by age 65, that is 5,787,949. There was also 4,043,467 of the aging workforce becoming disabled. The CON$ervoFascist Brotherhood want no one to retire. All should work until they drop dead on the job no matter how old or crippled they become.

why is it personal?
pay attention to the links provided
August jobs report: 96,000 jobs added, unemployment 8.1%, 30-year low in workforce participation rate « Hot Air
Only 115,000 jobs were added in April, far fewer than the 180,000 economists were expecting. The reason the unemployment rate declined slightly to 8.1 percent and the broader “U-6″ measure remained at 14.5 percent is because 342,000 more people gave up looking for work and quit the labor force.
Obama?s failed policies cause millions of Americans to give up | RedState

It is a lie to say that 342,000 workers gave up looking for work simply because that many people left the workforce, and you well know it. People leave the workforce for many other reasons than becoming discouraged. They retire, become disabled, go to school, they get married and stay home, they leave the country, they stay home to take care of a sick or aging family member, etc.

In fact the BLS keeps track of discouraged workers, so it is piss easy to know just how many of the 342,000 left because they were discouraged!!!! In fact the number of discouraged workers declined from 852,000 in July to 844,000 in August, so not a single one of the 342,000 who left the workforce in August left because they simply gave up.
That is why you will always be a Misinformation Voter.

Table A-16. Persons not in the labor force and multiple jobholders by sex, not seasonally adjusted

 

[yidnar]

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

you are an example of what a typical black person believes .

 

[edthecynic]

In the private sector It is a matter of opinion as to how many jobs have been actually created
With so many leaving the work force one can make the case for either
Bottom line is anemic is correct
It is amusing the Liberal would question that yet for a man who claimed this
CNN Fact Check: About those 4.5 million jobs ... - CNN.com

And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There's been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.

There are 143,322,000 employed today.

Not in the private sector, please pa attention to the links
hiring more govt employees helps only them and is part of what is wrong with this country

Notice how every time the CON$ervoFascist Brotherhood get caught lying, they move the goalposts to cover their lie.

 

[edthecynic]

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

When we talk about the Misinformation Voter we are talking about you.

The difference in deficits and debt is deficits are smoke and mirrors and debt is real. You claim 2007 was within 162 billion of a balanced budget (deficit) but Bush borrowed 500 billion in 2007 (debt). He borrowed a trillion in 2008.

You try to blame the carryover from the GOP national debt, like over 1.5 trillion in interest the last 4 years, on Obama when Reagan, Bush I and Bush II own it.

bull shit
the deficit for 2007 was 162 billion
2007 United States federal budget - Wikipedia, the free encyclopedia
this included paying interest in the dbt
...
now show me where any one borrowed 1 million dollars?
Your being lied too
we had a deficit of 162 billion as noted here-in
I do not understand

Notice how the CON$ervoFascist Brotherhood always act like they are the smartest most informed people in the universe, but always play dumb when pushing their deliberate deceptions, especially after they just boasted about their superior knowledge, like on the difference between deficit and debt.

As I pointed out the deficit was 162 billion in 2007 but the debt rose 500 billion, that means that 500 billion was borrowed, 340 billion of it borrowed from SS. The 340 billion borrowed from SS does not show up in the deficit but does show up as part of the 500 billion 2007 GOP debt. And the trillion was borrowed in 2008, not 2007.

 

[Cammmpbell]

When we talk about the Misinformation Voter we are talking about you.

The difference in deficits and debt is deficits are smoke and mirrors and debt is real. You claim 2007 was within 162 billion of a balanced budget (deficit) but Bush borrowed 500 billion in 2007 (debt). He borrowed a trillion in 2008.

You try to blame the carryover from the GOP national debt, like over 1.5 trillion in interest the last 4 years, on Obama when Reagan, Bush I and Bush II own it.

bull shit
the deficit for 2007 was 162 billion
2007 United States federal budget - Wikipedia, the free encyclopedia
this included paying interest in the dbt
...
now show me where any one borrowed 1 million dollars?
Your being lied too
we had a deficit of 162 billion as noted here-in
I do not understand

Notice how the CON$ervoFascist Brotherhood always act like they are the smartest most informed people in the universe, but always play dumb when pushing their deliberate deceptions, especially after they just boasted about their superior knowledge, like on the difference between deficit and debt.

As I pointed out the deficit was 162 billion in 2007 but the debt rose 500 billion, that means that 500 billion was borrowed, 340 billion of it borrowed from SS. The 340 billion borrowed from SS does not show up in the deficit but does show up as part of the 500 billion 2007 GOP debt. And the trillion was borrowed in 2008, not 2007.

The Clinton administration generated surpluses during his second term. The Republicans still don't know how to count. The FY 2001 surplus of $256 billion followed surpluses of $237 billion in FY 2000, $124 billion in FY 1999, and $69 billion in FY 1998.
The last time before that The United States had four surpluses in a row was during 1927-30.

Clinton left federal spending as a share of the economy the lowest since 1966. Spending restraint under Clinton's last term brought federal spending down from 22 percent of GDP in 1992 to 18 percent of GDP in 2001, the lowest since 1966.

George Bush cut taxes twice, 2001 and 2003, started two wars....one totally unnecessary and doubled the national debt from $5.7 trillion to nearly $12 trillion. If you can read it's a matter of record.

 

[JRK]

bull shit
the deficit for 2007 was 162 billion
2007 United States federal budget - Wikipedia, the free encyclopedia
this included paying interest in the dbt
...
now show me where any one borrowed 1 million dollars?
Your being lied too
we had a deficit of 162 billion as noted here-in
I do not understand

Notice how the CON$ervoFascist Brotherhood always act like they are the smartest most informed people in the universe, but always play dumb when pushing their deliberate deceptions, especially after they just boasted about their superior knowledge, like on the difference between deficit and debt.

As I pointed out the deficit was 162 billion in 2007 but the debt rose 500 billion, that means that 500 billion was borrowed, 340 billion of it borrowed from SS. The 340 billion borrowed from SS does not show up in the deficit but does show up as part of the 500 billion 2007 GOP debt. And the trillion was borrowed in 2008, not 2007.

The Clinton administration generated surpluses during his second term. The Republicans still don't know how to count. The FY 2001 surplus of $256 billion followed surpluses of $237 billion in FY 2000, $124 billion in FY 1999, and $69 billion in FY 1998.
The last time before that The United States had four surpluses in a row was during 1927-30.

Clinton left federal spending as a share of the economy the lowest since 1966. Spending restraint under Clinton's last term brought federal spending down from 22 percent of GDP in 1992 to 18 percent of GDP in 2001, the lowest since 1966.

George Bush cut taxes twice, 2001 and 2003, started two wars....one totally unnecessary and doubled the national debt from $5.7 trillion to nearly $12 trillion. If you can read it's a matter of record.

To start with Clinton signed the budget the GOP in the house and the senate provided
So right off the bat you need educating, nothing personal
GWB did not start any wars
Congress as well as the will of the people decided to defend this country from terror groups in Afghanistan as well as Iraq
12 trillion?
the last GOP budget was in 2007
again your comparing GOP budgets against GOP budgets
The president can ask, it is congress who does the leg work
The 07 debt was 8.9 trillion
09 after the collapse of jobs during BHO and the dem congress and his adding 4-500 billion to GWB last base line was 12.8 trillion total debt

Total revenue $2.7 trillion (estimated)
$2.105 trillion (actual)[1]
Total expenditures $3.107 trillion (estimated)
$3.518 trillion (actual)[1]
Deficit $407 billion (estimated)
$1.413 trillion (actual)[1]
Debt $12.867455 trillion (estimated)
2009 United States federal budget - Wikipedia, the free encyclopedia
2007 United States federal budget - Wikipedia, the free encyclopedia

My friend GWB had 2 wars that you seem to forget that we had no choice in fighting that the Democratic party supported in congress until it became time to get elected, thgen they seem to forget as did the media as to who had more of a part in the Iraqi situation than any-one
Those wars where by far the largest part of GWB deficit during his time as president

Now I await your attack on this simple and accurate information
for review
Congress does the budget
BC had a GOP congress during the surplus Budgets of the late 90s
2 wars, medicare D, No child left behind added to yearly deficits. All legislation the left supported (in fact Ted K wrote most of no child)
Last GOP budget with 2 wars in 2007, 162 billion deficit
2009 budget with Dems running congress as well as BHO adding 4-500 billion add on MASSIVE job loss
1.4 trillion dollar deficit
We have not had a budget sense even though the GOP has passed one in the house sense 2010

Now see how easy that is?
It is just info, so chill out