Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
At this rate, he'll overtake Bush, Clinton, and Bush...then; he'll compete with himself.
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Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
At this rate, he'll overtake Bush, Clinton, and Bush...then; he'll compete with himself.
All that debt - and so little to show for it...
I'd like to see it corrected for inflation. I'm near positive he'd still be number one, but I'd like a better comparison than non-inflated numbers.
And Republicans want to make the debt larger.
Repugs dishonestly whine like little bitches when THEIR DEBT and THEIR SPENDING is used to frame the Dem administration.
he had to....or we would have gone into a severe depression......fucking retards.
That might not have been the worst thing. All we did was kick the eventual day of reckoning down the road. If there had been a depression bad debt would be wiped out the quicker and value restored to the currency, for anyone able to get it.
Would it have been painful?
Undoubtedly. Probably unprecedentedly.
Muddling through ( i.e, propping up bad debt, bad banks and bad marke makers) may only extend the pain and prepare us for an even bigger bust down the road. Deflation now might not be the worst enemy. Eventually, it may come unbidden, despite all our attempts to forestall it.
It's racist to bring up his spending.
^^^Ironic pose as champion of PC isn't ironic. Darrin's more PC than us all. In fact, he's trying to win the contest.
Quote:
Bon chance, DarrinS.
Spending is power. Real, political power. Both parties know this.
Did the Dems pledge to end them at all?
Hypocrisy is one thing, contumacy another.
http://www.cbpp.org/images/cms//12-1...6-28-10-f1.jpg
http://www.cbpp.org/cms/index.cfm?fa=view&id=3036
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Yoni, just GFY.
The fabricated outrage about the false deficit alarm is part of the 40-year strategy of the wealthy to cut "entitlement" payments to poor, disabled, diseased, retired, while cutting taxes for themselves.
"is quite lame."
The obstructionism and slandering of Magic Negro by the Repugs, duped tea baggers, VRWC is much worse than lame (as well as being racist).
8 years of fuck ups is hard for anyone to fix...
So will the congressional GOP actually be the 'fiscal conservatives' they claim to be a 2nd time around?
The excuse of 9/11 or party loyalty to the WH is no more.
My guess is we'll see some relative token spending cuts and a tremendous amount of emphasis spent on investigating the White House for the errant commie or Moslem.
:lol at CNS News, the 700 Club of news services not accounting for debt to asset ratio and the costs that get passed over from one administration to the next, such as tax cuts for the rich that are unnecessary because they have failed to generate jobs....