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talk about biased bullshit reporting------------
lets cut the crap. the debt when obama took over was around 10 trillion, today it is around 17 trillion, when he leaves it will be over 20 trillion.
forget the % increase bullshit, lets talk about actual dollars added to the debt
obama will have added more to the the debt than all previous presidents COMBINED.
as to your charts--------figures don't lie, but liars figure.
I am not disputing this. You are right. However it is important to realize that Obama is spending at the same rate Bush was at the end of his term.
Obama said Bush's deficit spending was unpatriotic.
Bush never said such a thing.
So are you saying that Obama is no better than Bush?
Interesting seeing as most on the left on this board see Bush as the worst in Modern history and Obama as the best in modern history.
But the best does the same as the worst.
Got it.
Here is a no bullshit assessment about what exactly the debt under Obama is composed of. As you can see Obama's biggest expenses were his TAX CUTS and defense spending.
President Barack Obama - The second largest contributor to the debt dollar-wise was President Obama. He added $4.8 trillion, a 41% increase, in just one term. Obama's budgets included the economic stimulus package, which added $787 billion by cutting taxes, extending unemployment benefits, and funding job-creating public works projects. The Obama tax cuts added $858 billion to the debt over two years. Obama's budget included increased defense spending to around $800 billion a year. Federal income was down, thanks to lower tax receipts from the 2008 financial crisis.
Both Presidents Bush and Obama had to contend with higher mandatory mandatory spending for Social Security and Medicare. He also sponsored the Patient Protection and Affordable Care Act, which was designed to reduce the debt by $143 billion over 10 years. However, these savings didn't show up until the later years.
US Debt by President
Of course, all this being said, I do agree Obama has spent too much on defense and he shouldn't have extended Bush's tax cuts. My point is that Repubs are ignorant about what exactly Obama's expenses are.
Tax cuts are not an expense.
If you are right, the USA is history. We will fall apart like Greece or the old USSR.
I hope you are wrong, but we are very close to falling over the edge.
Even guys who have a sense of that it's essential to cut government spending, like the guys you listed, will never get the remainder of congress to go along enough to make meaningful cuts. That's why it never goes anywhere but up on spending. Most of congress is full of Statists that absolutely love government. We'll never get off the welfare/warfare state because of it. We are, in essence, doomed when it comes to economics. It's like pandora's box. Once you open it up, there is no closing it back in. That's why we should have been more prudent BEFORE now.
The last time government gave up power voluntarily in the history of government was never. So bare that in mind.
The people in DC are there because we sent them there. We have the power to make them do what we want. We have the power of the polling place, but we have to get together and use it.
Rand Paul is the only one I would even think of believing on that list. I think Ted Cruz is pretty clear he thinks we need to police the world. That ain't cheap.
I don't think we need to police the world, but I don't think we need to withdraw from it either.
But where real budget cuts fall apart (imho) is when people link it to re-defining the role of government. They want to cut the things they think government shouldn't be doing and not cut THEIR favorite programs. The other side proposes exactly the opposite in cuts and protected funding.
My proposal is 10% across the board. Every department - no exceptions.
And then we'll go from there.
I would cut 33% across the board--all agencies, all programs, all govt employees, all govt salaries. No one would notice and everying would run smoother.
I honestly believe that the tripling of welfare from food stamps to ssd was a weakening of standards that leads directly back to the president. The house or senate didn't do it, right? Obama also weakened the work requirement.
If he hadn't done this we wouldn't be debating rather we should defund science and r&d programs. So this makes me kind of angry at Obama.
I love how the cons so far are just ignoring the debt tax cuts have created.
I am not disputing this. You are right. However it is important to realize that Obama is spending at the same rate Bush was at the end of his term.
Obama said Bush's deficit spending was unpatriotic.
Bush never said such a thing.
So are you saying that Obama is no better than Bush?
Interesting seeing as most on the left on this board see Bush as the worst in Modern history and Obama as the best in modern history.
But the best does the same as the worst.
Got it.
I for one am no fan of either. For me Clinton was the best modern president. We did get a balanced budget after all. He had flaws and certainly didn't do it all on his own, but bottom line is it got done while he was president.
I love how the cons so far are just ignoring the debt tax cuts have created.
Tax cuts don't create debt. Spending does
I am not disputing this. You are right. However it is important to realize that Obama is spending at the same rate Bush was at the end of his term.
Obama said Bush's deficit spending was unpatriotic.
Bush never said such a thing.
So are you saying that Obama is no better than Bush?
Interesting seeing as most on the left on this board see Bush as the worst in Modern history and Obama as the best in modern history.
But the best does the same as the worst.
Got it.
Lol it isn't just big spending that makes Bush the worst president.
And no, I don't think Obama is the best.
I love how the cons so far are just ignoring the debt tax cuts have created.
Tax cuts don't create debt. Spending does
You are wrong and always will be wrong. Tax cutting and over spending amount the same thing.
I don't think we need to police the world, but I don't think we need to withdraw from it either.
But where real budget cuts fall apart (imho) is when people link it to re-defining the role of government. They want to cut the things they think government shouldn't be doing and not cut THEIR favorite programs. The other side proposes exactly the opposite in cuts and protected funding.
My proposal is 10% across the board. Every department - no exceptions.
And then we'll go from there.
I would cut 33% across the board--all agencies, all programs, all govt employees, all govt salaries. No one would notice and everying would run smoother.
33% on everything. Good god. You obviously do not understand what our government's expenses even are. The major cuts need to go to defense spending.
Tax cuts don't create debt. Spending does
You are wrong and always will be wrong. Tax cutting and over spending amount the same thing.
Got news for you...
Both theories have credence.
Trickle down works in a certain economic climate and trickle up works in the right economic climate.
Anyone who says otherwise has absolutely no idea what they are talking about.
Here is a no bullshit assessment about what exactly the debt under Obama is composed of. As you can see Obama's biggest expenses were his TAX CUTS and defense spending.
President Barack Obama - The second largest contributor to the debt dollar-wise was President Obama. He added $4.8 trillion, a 41% increase, in just one term. Obama's budgets included the economic stimulus package, which added $787 billion by cutting taxes, extending unemployment benefits, and funding job-creating public works projects. The Obama tax cuts added $858 billion to the debt over two years. Obama's budget included increased defense spending to around $800 billion a year. Federal income was down, thanks to lower tax receipts from the 2008 financial crisis.
Both Presidents Bush and Obama had to contend with higher mandatory mandatory spending for Social Security and Medicare. He also sponsored the Patient Protection and Affordable Care Act, which was designed to reduce the debt by $143 billion over 10 years. However, these savings didn't show up until the later years.
US Debt by President
Of course, all this being said, I do agree Obama has spent too much on defense and he shouldn't have extended Bush's tax cuts. My point is that Repubs are ignorant about what exactly Obama's expenses are.
It takes money out of the overall pot to give tax breaks...= adding to debt.
So when you take 20% of 100 of something and give it back = less money within your pot(governments). Not saying it it doesn't allow businesses and consumers to have more money within the economy to spend. Not saying it isn't good.
I would cut 33% across the board--all agencies, all programs, all govt employees, all govt salaries. No one would notice and everying would run smoother.
33% on everything. Good god. You obviously do not understand what our government's expenses even are. The major cuts need to go to defense spending.
I would cut defense--33%. I would cut all entitlement payments 33%. If your SS check it now $1000, I would cut it to $667. If you are getting $100 in food stamps I would cut it to $67, same with all welfare payments, the park service, congressional salaries, congressional allowances and travel, the white house budget, the POTUS salary---------everything.
we cannot continue spending $1000 for every $600 that we take in. It has to stop.
I love how the cons so far are just ignoring the debt tax cuts have created.
Tax cuts don't create debt. Spending does
You are wrong and always will be wrong. Tax cutting and over spending amount the same thing.
Tax cuts don't create debt. Spending does
You are wrong and always will be wrong. Tax cutting and over spending amount the same thing.
No they are not.
Tell me if you got a pay cut would you say your expenses went up?
