At The End Of George Bush's Last Budget The Annual Interest On The National Debt Was

[Cammmpbell]

$450,000,000,000

For comparison we spend $100,000,000,000 on education and less than that on the infrastructure.

The Reagan-Bushes debt has all but ruined America:

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

 

[imbalance]

 

[Mad Scientist]

Don't worry. Obama is in the process of fixing that and this summer should be the "Summer of Recovery".

 

[Truthmatters]

facts dont mean much to the rights blind rabble

 

[California Girl]

That's a serious case of alzheimers the OP has.

 

[Cammmpbell]

That's a serious case of alzheimers the OP has.

In fact the Right would rather see huge national debts with astronomical annual interest payments than to endure a 40% tax rate. If all the people in this country who earned more than $250,000 a year paid their fair share we could knock out the national debt in a few years.....the way we did after the second world war.

The problem is that even though the rich were the benefactors of the enormous debts run up by Reagan and the Bushes they actually feel like the're entitled to it. Hell.....in the old days entitlements went to the elderly, the poor, the mental patients and hungry children. Turns out the same clique who feels like their 60 inch flat screen, Ipad and new Mercedes take a higher priority than patriotism are the ones who feel entitled. They don't even consider the possibility that they might be needed in one of the political wars started unnecessarily by their fearless leaders.

 

[Decepticon]

That's a serious case of alzheimers the OP has.

Man...repeating an already posted weak-sauce non-response?
How pathetic is that?

Funny how when someone posts objective reality, CONZ have such a tough time dealing with it.

Since a big part of these deficits were because of tax cuts, perhaps you should decide what you like least and stick to it. Either stick to running deficits or give up the tax cuts.
You can't have your cake and eat it too.

 

[StevenC]

That's a serious case of alzheimers the OP has.

In fact the Right would rather see huge national debts with astronomical annual interest payments than to endure a 40% tax rate. If all the people in this country who earned more than $250,000 a year paid their fair share we could knock out the national debt in a few years.....the way we did after the second world war.

The problem is that even though the rich were the benefactors of the enormous debts run up by Reagan and the Bushes they actually feel like the're entitled to it. Hell.....in the old days entitlements went to the elderly, the poor, the mental patients and hungry children. Turns out the same clique who feels like their 60 inch flat screen, Ipad and new Mercedes take a higher priority than patriotism are the ones who feel entitled. They don't even consider the possibility that they might be needed in one of the political wars started unnecessarily by their fearless leaders.

Got any proof to back up this claim?

 

[Cammmpbell]

That's a serious case of alzheimers the OP has.

In fact the Right would rather see huge national debts with astronomical annual interest payments than to endure a 40% tax rate. If all the people in this country who earned more than $250,000 a year paid their fair share we could knock out the national debt in a few years.....the way we did after the second world war.

The problem is that even though the rich were the benefactors of the enormous debts run up by Reagan and the Bushes they actually feel like the're entitled to it. Hell.....in the old days entitlements went to the elderly, the poor, the mental patients and hungry children. Turns out the same clique who feels like their 60 inch flat screen, Ipad and new Mercedes take a higher priority than patriotism are the ones who feel entitled. They don't even consider the possibility that they might be needed in one of the political wars started unnecessarily by their fearless leaders.

Got any proof to back up this claim?

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

 

[Old_Liberal]

Bush Jr. tax cuts just increased debt, and we were waging two wars that in the past would have been paid for by increased taxes.

So Obama comes into office as Bush is pumping money into bailing out the deregulated banks, and he continues it. He is told the entire economy could collapse if not for an intervention.

Obama then tries injecting money and tax cuts to stimulate, but alas, this isn't the same economic model that responded to gov't injection of money to stimulate demand. We no longer have those thousands of factories here that could call back their workers. Nope, that engine offshored. Some of that stimulas money did help offshored manufacturers, communist chinese factories and Wal mart. Only when a consumption based economy depends upon american workers does deficet spending stimulate. That Keynesian idea is moot with our new economic model.

So, the economy crashed and we have depression ear unemployment levels and underemployment levels that are straining social safety nets, adding to the debt, and this is laid at Obama's feet. Guesswhat? Debt always goes up in recessions, and Obama is not immune from that historical fact. But the right is dishonest and spins this in a very dishonest way. They are dishonest people.

So let's vote republican and give the rule back to those jackwags, and let them finish off the middle class, so it's tiny once again. Only then will the people finally see this party is a clear and present danger to the survival of our middle class. But you will have more liberty!!!!!!

 

[Cammmpbell]

Bush Jr. tax cuts just increased debt, and we were waging two wars that in the past would have been paid for by increased taxes.

So Obama comes into office as Bush is pumping money into bailing out the deregulated banks, and he continues it. He is told the entire economy could collapse if not for an intervention.

Obama then tries injecting money and tax cuts to stimulate, but alas, this isn't the same economic model that responded to gov't injection of money to stimulate demand. We no longer have those thousands of factories here that could call back their workers. Nope, that engine offshored. Some of that stimulas money did help offshored manufacturers, communist chinese factories and Wal mart. Only when a consumption based economy depends upon american workers does deficet spending stimulate. That Keynesian idea is moot with our new economic model.

So, the economy crashed and we have depression ear unemployment levels and underemployment levels that are straining social safety nets, adding to the debt, and this is laid at Obama's feet. Guesswhat? Debt always goes up in recessions, and Obama is not immune from that historical fact. But the right is dishonest and spins this in a very dishonest way. They are dishonest people.

So let's vote republican and give the rule back to those jackwags, and let them finish off the middle class, so it's tiny once again. Only then will the people finally see this party is a clear and present danger to the survival of our middle class. But you will have more liberty!!!!!!

It would indeed finish off the middle class....or what's left of it.

 

[Jroc]

That's a serious case of alzheimers the OP has.

In fact the Right would rather see huge national debts with astronomical annual interest payments than to endure a 40% tax rate. If all the people in this country who earned more than $250,000 a year paid their fair share we could knock out the national debt in a few years.....the way we did after the second world war.

The problem is that even though the rich were the benefactors of the enormous debts run up by Reagan and the Bushes they actually feel like the're entitled to it. Hell.....in the old days entitlements went to the elderly, the poor, the mental patients and hungry children. Turns out the same clique who feels like their 60 inch flat screen, Ipad and new Mercedes take a higher priority than patriotism are the ones who feel entitled. They don't even consider the possibility that they might be needed in one of the political wars started unnecessarily by their fearless leaders.

Nobody can actually be that stupid?

 

[Annie]

$450,000,000,000

For comparison we spend $100,000,000,000 on education and less than that on the infrastructure.

The Reagan-Bushes debt has all but ruined America:

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

I'm not sloughing through the numbers, but will note that there WAS a budget. More than can be said with this president.

 

[Cammmpbell]

$450,000,000,000

For comparison we spend $100,000,000,000 on education and less than that on the infrastructure.

The Reagan-Bushes debt has all but ruined America:

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

I'm not sloughing through the numbers, but will note that there WAS a budget. More than can be said with this president.

Yep! Seven of Reagan's eight years he got less than he asked for.

No political party in my lifetime has ever actually cut spending. When anybody cuts taxes and continues to spend more than before they are idiots. That would be Reagan and the Bushes.

 

[Robodoon]

$450,000,000,000

For comparison we spend $100,000,000,000 on education and less than that on the infrastructure.

The Reagan-Bushes debt has all but ruined America:

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

Bush and Obama are on the same team, just like Clintong.

The evil bankers the power elite have bought lots of people who seek our death.

 

[Rozman]

I thought the summer of recovery version 2010 was just awesome....
And the summer of recovery 2011 was even awesomer...

Last night the President said he has now created over 3 million jobs.....
Unemployment is still in the shitter at 8 + %

Something is fuzzy with the math...

They say they have either "saved" or created hundreds of millions of jobs...

Do the Dems really expect people with half a brain to believe this....
I know Democrats eat this shit up.
But people with brains....they are just not buying into it.