Anyone know the numbers for the national surpluses Bush inherited and turned into national deficits?
We know no Republican opposed it.
Anyone know the numbers for the national surpluses Bush inherited and turned into national deficits?
Numbers matter though. What was the ceiling compared to the revenue and spending?
I know that the current debt ceiling is more than 60% higher than the one BHO opposed in 2006.
It was larger than the previous ceiling. I thought debt was debt.
Or you're only opposed to raising the debt when the blue team asks for it?
No, I have been opposed all along with a few stated exceptions I have said before. You are sidestepping my point.
When is it too much?
I say it's been too much since TARP II. I was under the false impression it was too much before Tarp I, but most that money has been paid off, and the authority required the money returning not be spent, but pay back down the deficit. Therefore, the 2009 deficit isn't really as high as stated sine in reality, the paid back money should be applied to reducing it. Not Obama's deficits like it has been.
If you remember my statements of the past, I have been consistent that deficit spending is only OK during times of war and recession. However, bailing out the rich is not part of that intent. The house has been run by democrats from Jan 2007 to Jan 2011. All spending bills originate in the House. It is this period of time that the debt has got out of control. It has never been this high since WWII. Now just because I understand these facts does not mean I support the republicans. It just justifies my hatred of the democrats in congress.
I wasn't talking about Obama. He's done a terrible job letting the national debt get even more outa control and I won't be voting for him again because of it.
I'm curious why Republicans such as yourself didn't show one iota of concern over the national deficit from 2001 to 2008.
That is significant, especially since the economy didn't improve by 60%.
When you spend more than you take in.
Cowboy JR was handed a surplus, something he could work with. I'm pretty sure you were one more cheerleading when he said he would take the surplus and give it back to taxpayers in the form of tax cuts instead of starting to pay off debt with it.
Or are you on the Cheney boat that "Reagan proved deficits don't matter"?
The economy certainly didn't improve at record rates with Bush Jr. The deficits did though.
what a in crock of using the War in Iraq as an excuse for Bush's deficit spending
Well, I'm an Independent, and I didn't think much about it because of 9/11 and Iraq. What excuse does Obama have besides bailing out the rich, and Obamacare?
If you're ok with deficit spending during times of war, why are you complaining?
After all, we're still in Afghanistan, aren't we?
I also don't recall you supporting Barry's stimulus package, which clearly was during a recession.
So the last president you like is Nixon then...
When youll you lib s stop repeating that lie?
President Clinton may have had a budget that had smaller outlies than the revenue received, but he still had real deficits. Surplus on paper doesn't count. We have been over this at least a half dozen times now, but you continue to lie.
National debt ($millions) from table 7.1:
1991 3,598,178
1992 4,001,787
1993 4,351,044
1994 4,643,307
1995 4,920,586
1996 5,181,465
1997 5,369,206
1998 5,478,189
1999 5,605,523
2000 5,628,700
2001 5,769,881
2002 6,198,401
Where is the surplus you ignorant lib ?
That's right. Take that out of context for what the difference was, you partisan liberal.
Because our extra high deficit spending is due to these corporate bailouts rather than letting them suffer for their mistakes.
Iraq isn't an excuse when it's a war Bush in started
Barry Obama started a war with Libya, therefore his deficit spending is OK![]()
Clinton.
Why are you looking at debt when looking for a budget surplus?
You can have a surplus and not pay down debt.
That's actually exactly what happened.
Why didn't Bush Jr took that budget surplus and pay down debt?
What's right is that you're as dumb as advertised.
But the corporate bailouts by Bush JR, like the TARP, were ok?
You didn't answer the questions:
- Are we still at war in Afghanistan or not?
- You supported Barry's stimulus package during the recession?
Clearly. Not only that, Wild Cobra endorses such deficit spending.
Is that the new math they teach in the government indoctrinated schools these days?
If there was an actual surplus, the debt would have decreased. Just that simple Moore-on.
No, I didn't say they were OK. I was against them at the time if you recall. I am saying at least the republicans voted "NO" until the provision was placed that all money returned you go back to paying off the debt rather than being spent on something else. In was still against it at the time, but at least it wasn;t a total loss of money.
Isn't your side claiming kost of that money was paid back? In my book, that means the Bush deficits aren't as big as listed, since the money is mostly paid back.
I will state that I was wrong in opposing that one, because of that particular provision actually paid off.
Last edited by Wild Cobra; 08-02-2011 at 10:11 PM.
Twist, spin, etc.
You must be a master of the game "Twister."
I have stated my reasons for supporting the expanded Desert Storm, and I am on record for opposing this action on Libya since day one.
If you continue to lie about my reasons, then so be it. Your lack of integrity is well noted.
Last edited by Wild Cobra; 08-02-2011 at 10:12 PM.
Really?
Is that the math that they taught you at school?
Let me give you an example: If your income is greater than your expenses, are you forbidden from buying something on a credit card?
Does buying something on a credit card means you're not making more than what you're spending?
Again, why are you looking at debt when looking for a budget surplus/deficit?
They're apple and oranges.
There are currently 1 users browsing this thread. (0 members and 1 guests)