Big Fitz
User Quit *****
- Nov 23, 2009
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You and pissychrissy have that crap on speed dial don't you?Ahhh the call of Thom Hartmann... it's all Reagan's fault.He obviously doesn't know the definition of the word. If he did he would know that the Reagan union busting, the tax cuts, the debt increase were the beginning of that redistribution of wealth. When the top get breaks and money is borrowed from foreign banks to cover the shortfall the results are inevitable.
Again. Economies are not zero sum games. Also, who are the major winners of redistributed wealth if you want to define it that way? Corporations in bed with government for legislative protectionism. Who's the biggest proponent of that lately? The Obama Admin through Jeffry Immelt.
No..........it's Reagan and the Bushes fault:
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
How do you rationalize this out of the way? Inherited it I suspect?
CBO says Obama's latest budget would add $3.5 trillion in deficits through 2022 - The Hill's On The Money
And that's ONLY the spending in the 2013 budget they want! Not anything to do with the previous years also racking up a massive bill.
At what point are you guys going to admit Obama's record is one of abject failure and he has made a bad situation much much worse?
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