Who can we elect that is not a fiscal idiot?

Discussion in 'Free Speech Alley' started by tirk, Jun 3, 2011.

  1. SabanFan

    SabanFan The voice of reason

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    I mean to help the economy. There has been no improvement since he took office and it's beginning to get worse...again.

    And I don't want to hear that he staved off a great depression. That's B. S.
     
  2. red55

    red55 curmudgeon Staff Member

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    You pay no attention to the numbers. Since Obama came to office in January 2009, we're out of Dubya's recession, the stock market has rebounded, the GDP is up, employment is up, war expenditures are down, casualties are down, and bin Ladin is dead. These are facts and undeniable.
     
  3. LSUsupaFan

    LSUsupaFan Founding Member

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    Deficits have trippled.
     
  4. LaSalleAve

    LaSalleAve when in doubt, mumble

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    Bullchit, none of you were complaining about spending when he was in office. You complain about it now to make it look like you are being fair. Bush also had a surplus. Bush drove America off the cliff, and handed the wheel to Obama right before impact, and now it's Obama's fault, even though the economy is showing signs of recovery? George W. Bush was the worst President the United States has ever had, and we are supposed to want Republicans back in office? Ninja Please.
     
  5. LSUsupaFan

    LSUsupaFan Founding Member

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    So Bush is bad because he spent too much. I agree and have always said this. Go back and find a post where I said a kind thing about the Bush Administration. But by that logic Obama is exponentially worse.
     
  6. red55

    red55 curmudgeon Staff Member

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    Nope. The National Debt at the end of Bush's last fiscal year was $10 Trillion, now it is 14 $Trillion. That's not even a doubling.

    You may find this link interesting.

    National debt by U.S. presidential terms

    Republicans have added more debt than democrats. The three biggest debt increases/GDP in the last 60 years have been: Dubya +27.1%, Reagan +20.6%, and Bush 41 +15%.

    In Obama's single budget year he increased the national debt 6.2%. In Bush's 8 budget years he increased the national debt by 5.5, 6.3, 5.7, 3.7, 3.4, 3.6, 5.0, and 5.5%.
     
  7. LSUsupaFan

    LSUsupaFan Founding Member

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    I said deficit, not debt. And give Obama time. He will blow the republicans out of the water in the debt race.
     
  8. red55

    red55 curmudgeon Staff Member

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    OK Bush's last budget (FY2009) was $1.4 Trillion deficit. Obama's only budget (FY2010) had a 1.56 $Trilion deficit. How does 0.16% constitute a tripling?

    Not a straightforward way to admit you were wrong.
     
  9. LSUsupaFan

    LSUsupaFan Founding Member

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    This is the most dishonest distortion of numbers in the history of this board, Bubba. Firstly, Obama was President for 7 months of fiscal 09, AND he added almost 900 billion dollars to the Fiscal 09 deficitt between ARRA and the 97 billion dollar Omnibus Spending Bill. So of the 1.56 trillion he was responsible for .9 some odd trillion of it. The portion of the deficit related to Bush spending was 415 billion or so. Roughly a third of 1.4 trillion.
     
  10. SabanFan

    SabanFan The voice of reason

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    Exactly. You cannot take 24 months of Obama and relate them to 96 months of Bush. Also, America was never attacked under Obama. It was under Bush and a lot of the spending was directly because of that. Bush's economic policies, especially at the end when the Dems caused the mortgage implosion, were deplorable, but I don't see where Obama reversed those policies. His solution was to throw money at every problem with no accounting for where it was coming from, while at the same time instituting massive new entitlements. Hating Bush is understandable but defending Obama is inexcusable.
     

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