Be Careful Before You Post This...You Might End A Good Thread

[Cammmpbell]

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
09/30/1980 $907,701,000,000.00
09/30/1979 $826,519,000,000.00
09/30/1978 $771,544,000,000.00
09/30/1977 $698,840,000,000.00
06/30/1976 $620,433,000,000.00
06/30/1975 $533,189,000,000.00
06/30/1974 $475,059,815,731.55
06/30/1973 $458,141,605,312.09
06/30/1972 $427,260,460,940.50
06/30/1971 $398,129,744,455.54
06/30/1970 $370,918,706,949.93
06/30/1969 $353,720,253,841.41
06/30/1968 $347,578,406,425.88
06/30/1967 $326,220,937,794.54
06/30/1966 $319,907,087,795.48
06/30/1965 $317,273,898,983.64
06/30/1964 $311,712,899,257.30
06/30/1963 $305,859,632,996.41
06/30/1962 $298,200,822,720.87
06/30/1961 $288,970,938,610.05
06/30/1960 $286,330,760,848.37
06/30/1959 $284,705,907,078.22
06/30/1958 $276,343,217,745.81
06/30/1957 $270,527,171,896.43
06/30/1956 $272,750,813,649.32
06/30/1955 $274,374,222,802.62
06/30/1954 $271,259,599,108.46
06/30/1953 $266,071,061,638.57
06/30/1952 $259,105,178,785.43
06/29/1951 $255,221,976,814.93
06/30/1950 $257,357,352,351.04

 

[Two Thumbs]

Why did you stop there?

Is the total truth to much for you?

 

[Iridescence]

[ame=http://www.youtube.com/watch?v=FAtW0hua9rE&feature=related]Rudenko - Everybody - YouTube[/ame]

 

[Full-Auto]

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
09/30/1980 $907,701,000,000.00
09/30/1979 $826,519,000,000.00
09/30/1978 $771,544,000,000.00
09/30/1977 $698,840,000,000.00
06/30/1976 $620,433,000,000.00
06/30/1975 $533,189,000,000.00
06/30/1974 $475,059,815,731.55
06/30/1973 $458,141,605,312.09
06/30/1972 $427,260,460,940.50
06/30/1971 $398,129,744,455.54
06/30/1970 $370,918,706,949.93
06/30/1969 $353,720,253,841.41
06/30/1968 $347,578,406,425.88
06/30/1967 $326,220,937,794.54
06/30/1966 $319,907,087,795.48
06/30/1965 $317,273,898,983.64
06/30/1964 $311,712,899,257.30
06/30/1963 $305,859,632,996.41
06/30/1962 $298,200,822,720.87
06/30/1961 $288,970,938,610.05
06/30/1960 $286,330,760,848.37
06/30/1959 $284,705,907,078.22
06/30/1958 $276,343,217,745.81
06/30/1957 $270,527,171,896.43
06/30/1956 $272,750,813,649.32
06/30/1955 $274,374,222,802.62
06/30/1954 $271,259,599,108.46
06/30/1953 $266,071,061,638.57
06/30/1952 $259,105,178,785.43
06/29/1951 $255,221,976,814.93
06/30/1950 $257,357,352,351.04

Do the math investors graph.


Do the Math: An Investors Graph

 

[Cammmpbell]

Why did you stop there?

Is the total truth to much for you?

Well...the total facts are that Barack Obama inheirited a nearly half a trillion dollar a year interest payment on Reagan and the Bushes loans. You didn't think Japan, Canada, China et.al. were loaning those trillions interest free did you?

How would you like to take over somebody else's credit card with $11 trillion balance and half a trillion of interest due each year? Half a trillion dollars is second only to the annual defense budget.

China is either lucky as a pig in shit or they're good. George W. Bush was the first president in our history to borrow from Communist Chinese banks. They collect the annual interest and boost their business interests and send more of their products here for sale. They are currently buying everything from real estate to federal land in this country. We are slowly but surely falling victim to people who are evidently smarter than we are.

 

[California Girl]

This is the third time you've posted this. Don't spam the board.

 

[Full-Auto]

This is the third time you've posted this. Don't spam the board.

Were getting the low down on how democrats havent borrowed a cent. If you are an upcoming dem party hack..This is important stuff.

 

[Cammmpbell]

This is the third time you've posted this. Don't spam the board.

Were getting the low down on how democrats havent borrowed a cent. If you are an upcoming dem party hack..This is important stuff.

How would you like to take over somebody else's credit card with $11 trillion balance and half a trillion of interest due each year? Half a trillion dollars is second only to the annual defense budget.

China is either lucky as a pig in shit or they're good. George W. Bush was the first president in our history to borrow from Communist Chinese banks. They collect the annual interest and boost their business interests and send more of their products here for sale. They are currently buying everything from real estate to federal land in this country. We are slowly but surely falling victim to people who are evidently smarter than we are.

 

[California Girl]

This is the third time you've posted this. Don't spam the board.

Were getting the low down on how democrats havent borrowed a cent. If you are an upcoming dem party hack..This is important stuff.

I always like the way certain partisans cherry pick facts. Perhaps they can't cope with more than one fact at a time?

 

[Full-Auto]

This is the third time you've posted this. Don't spam the board.

Were getting the low down on how democrats havent borrowed a cent. If you are an upcoming dem party hack..This is important stuff.

How would you like to take over somebody else's credit card with $11 trillion balance and half a trillion of interest due each year? Half a trillion dollars is second only to the annual defense budget.

China is either lucky as a pig in shit or they're good. George W. Bush was the first president in our history to borrow from Communist Chinese banks. They collect the annual interest and boost their business interests and send more of their products here for sale. They are currently buying everything from real estate to federal land in this country. We are slowly but surely falling victim to people who are evidently smarter than we are.

Nancy Pelosi 2007 "We have come to the end of deficit spending as we know it."

His first priority should have been to get it under control. Instead he has ramped up spending and Democrats can be tagged with creating 3 consecutive trillion dollar deficits. You see that first trillion under GW wasnt signed by him. Not enough spending..Imagine that!!

When did Democrats followed by repubs decide paying off the debt was not a national interest.

Since you insist on this being one sided. You might explain why democrats thought it a good idea to spend SS money to hide their deficits.

 

[JoeB131]

Here's the problem with this mentality. The real problem is not who is in charge. It is trade and manufacturing.

In the first 200 years of our history, we ran up 600 billion in debt. Not because we weren't spending. We were. We fought two world wars, we put men on the moon, we built an interstate highway system and an interstate electrical grid that touched every corner of the country. We created a great social welfare system. And in all that time, we only ran up 600 billion in debt by our bicentenial.

What changed in 1976? 1976 was the first year that we stopped posting trade surpluses and started posting trade deficits. We had been posting trade surpluses all the way back to World War I, but eventually, the rest of the world caught up, learned our secrets and improved on them.

So by the end of Jimmy Carter, despite slashing military spending and not really introducing any new big programs, we went from 600 billion to nearly a trillion in debt, a 50% increase. It doubled again under Reagan and shot up during Bush. It also shot up in the Clinton years. I mean, you can BS about "surpluses", but the fact is, it just meant that receipts from Social Security overtook expendatures in general fund. But by that time, Clinton had signed free trade treaties with China, signed NAFTA, signed GATT and essentially opened the floodgates.

Right now, our national trade imbalance is half a trillion a year. We are literally bleeding money.

Now, there are other factors at play as well. Government doesn't spend efficiently, we find it easier to borrow than to tax, politically. Our aging population (the combination of Baby Boomers reaching retirement and the extention of the average life span to 78) has put unimaginable strains on the two biggest line items- Social Security and Medicare.

But really, manufacturing and trade are at the center of the problem.

 

[thetroll01]

You do know, don't you that not a single, NOT ONE of Ronaldus Magnus' budget proposals were enacted, don't you??? They were ALL modified/changed by the Dems that controled the house.

You also understand, don't you, that the dems controled the house and the senate from 2007, until the Repubs took control of the house this year.

You do know, don't you, that the national debt rose more that 64% from 2007 to 2010, don't you?

If you're going to tell stories, tell the WHOLE story, of shut up!!!!

 

[AquaAthena]

This is the third time you've posted this. Don't spam the board.

Were getting the low down on how democrats havent borrowed a cent. If you are an upcoming dem party hack..This is important stuff.

I always like the way certain partisans cherry pick facts. Perhaps they can't cope with more than one fact at a time?

Let us establish one point definitively: Bill Clinton didn't balance the budget. Yes, he was there when it happened. But the record shows that was about the extent of his contribution.

Newt Gingrich and company -- for all their faults -- have received virtually no credit for balancing the budget. Yet today's [1998] surplus is, in part, a byproduct of the GOP's single-minded crusade to end 30 years of red ink. Arguably, Gingrich's finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years.

Skeptics said it could not be done in seven years. The GOP did it in four.

No, Bill Clinton Didn't Balance the Budget | Stephen Moore | Cato Institute: Daily Commentary

 

[Warrior102]

Why did you stop there?

Is the total truth to much for you?

Well...the total facts are that Barack Obama inheirited a nearly half a trillion dollar a year interest payment on Reagan and the Bushes loans. You didn't think Japan, Canada, China et.al. were loaning those trillions interest free did you?

How would you like to take over somebody else's credit card with $11 trillion balance and half a trillion of interest due each year? Half a trillion dollars is second only to the annual defense budget.

China is either lucky as a pig in shit or they're good. George W. Bush was the first president in our history to borrow from Communist Chinese banks. They collect the annual interest and boost their business interests and send more of their products here for sale. They are currently buying everything from real estate to federal land in this country. We are slowly but surely falling victim to people who are evidently smarter than we are.

Obama didn't "inherit" jack shit, jackass. He APPLIED for the fucking job - he was SELECTED for office. When are dummies like you and he going to accept some fucking responsibility?

Idiot

 

[Cammmpbell]

It also shot up in the Clinton years.

Bullshit!!


From Jan 1993 to Jan 2001 the total national debt increased by $1.7 trillion. During the last three years of Clinton's second term over $300 billion of outstanding debt was bought. Surpluses were projected all the way to the outyears. The entire debt was scheduled to be paid off by 2012. And Then Sport's Fans...along came George, slow walkin' slow talkin' George.

Bush cut taxes twice and used reconciliation to block Democratic opposition, started two wars...one totally a war of choice, doubled the national debt from $5.7 trillion to more than $11 trillion, wrecked the economy and got a bunch of innocent people killed. 'Course he said he prayed about it and god told him to invade Iraq! I guess we can blame the whole damn thing on god.

 

[auditor0007]

You do know, don't you that not a single, NOT ONE of Ronaldus Magnus' budget proposals were enacted, don't you??? They were ALL modified/changed by the Dems that controled the house.

You also understand, don't you, that the dems controled the house and the senate from 2007, until the Repubs took control of the house this year.

You do know, don't you, that the national debt rose more that 64% from 2007 to 2010, don't you?

If you're going to tell stories, tell the WHOLE story, of shut up!!!!

The whole story is that it doesn't matter if we put Dems or Republicans into office, because they all fuck us over, yet both sides love pointing the finger at each other and screaming "it's their fault".

 

[JoeB131]

It also shot up in the Clinton years.

Bullshit!!

From Jan 1993 to Jan 2001 the total national debt increased by $1.7 trillion. During the last three years of Clinton's second term over $300 billion of outstanding debt was bought. Surpluses were projected all the way to the outyears. The entire debt was scheduled to be paid off by 2012. And Then Sport's Fans...along came George, slow walkin' slow talkin' George.

Bush cut taxes twice and used reconciliation to block Democratic opposition, started two wars...one totally a war of choice, doubled the national debt from $5.7 trillion to more than $11 trillion, wrecked the economy and got a bunch of innocent people killed.

1.7 trillion is a hell of a lot of money. And frankly, the only reason why it wasn't higher is because the Republicans wouldn't let Clinton spend as much money as he wanted to. He'd propose big expensive programs and they died in congress.

Also, Clinton benefited from an artificially high stock market and receipts from capital gains. When the tech bubble burst, so did the revenues. Why did the Tech Bubble Burst? Well, him letting Janet Reno sue Microsoft for making all our lives better (you bastard, Bill Gates!) had a lot to do with that. But it was a bubble, and all bubbles burst, eventually.

 

[Avorysuds]

lol@the OP

 

[Full-Auto]

It also shot up in the Clinton years.

Bullshit!!


From Jan 1993 to Jan 2001 the total national debt increased by $1.7 trillion. During the last three years of Clinton's second term over $300 billion of outstanding debt was bought. Surpluses were projected all the way to the outyears. The entire debt was scheduled to be paid off by 2012. And Then Sport's Fans...along came George, slow walkin' slow talkin' George.

Bush cut taxes twice and used reconciliation to block Democratic opposition, started two wars...one totally a war of choice, doubled the national debt from $5.7 trillion to more than $11 trillion, wrecked the economy and got a bunch of innocent people killed. 'Course he said he prayed about it and god told him to invade Iraq! I guess we can blame the whole damn thing on god.

Number one in those surplus years the national debt increased. Second those rosy projections belong in the same place as the California pension plan. But you buy into the BS. Only the rosiest of projections accepted.

 

[Cammmpbell]

1.7 trillion is a hell of a lot of moneyQUOTE]

Really? This is in 80's dollars:

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