RetiredGySgt
Diamond Member
Ok some one post the ACTUAL amount that was added to the deficit while Bush was President.Then the actual amount under Obama.
Please.
Please.
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Also, do you include the wars or dont you
Also, do you include the wars or dont you
Don't know that it matters, when you spend money you ain't got does it make a difference whether you budgeted for it or not? It's not honest, but it's still more debt.
When President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush's record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama's presidency to date, the national debt has risen by an average of $1.723 trillion a year or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.
When President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush's record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama's presidency to date, the national debt has risen by an average of $1.723 trillion a year or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.
We're still on for $15k, right sir? If Perry doesn't get the Nod?
When President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush's record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama's presidency to date, the national debt has risen by an average of $1.723 trillion a year or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.
We're still on for $15k, right sir? If Perry doesn't get the Nod?
Yes
We're still on for $15k, right sir? If Perry doesn't get the Nod?
Yes
Alright, cool.
I actually enjoyed his back and forth last night, he didn't take shit from that weasel Romney
But...but...the spending saved the economy!!!
the national debt the day before president bush's first fiscal budget was $5.8 trillion on 9/30/2001.
after 8 fiscal budgets years, the national debt was $11.9 trillion on 9/30/2009.
under president bush's 8 fiscal years attributed to him, $6.1 trillion was added to the national debt.
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president obama's first fiscal budget, began with 11.9 trillion in debt on 9/30/2009
fiscal 2011 ending 9/30/2011 it was $14.7
president Bush's last fiscal budget added $1.88 Trillion to the National Debt...this is the running deficit that president obama inherited from the previous president.
president clinton left president bush with approximately a 120 billion dollars added to the national debt, this is what pres bush began with....*
You can argue that president obama added a 760 billion stimulus bill in April or may of that year that was president bush's last fiscal year....but you would be wrong....
it takes forever to push out the money given in a stimulus and this stimulus was not passed till May, ALSO this stimulus was a 2 YEAR STIMULUS and not even a Quintilla was distributed before president bush's fiscal end....
And you can also argue that when president bush took office he had his congress pass a stimulus bill that included tax rebates for all of us for $300 per person, that was distributed that august of 2001, which was even greater than the stimulus obama was able to get in to the last fiscal year of bush's which was included in President Clinton's last fiscal year that should have been added to money that Pres bush had spent..*.but it wasn't because that fiscal year belongs to clinton, as fiscal 2009 belongs to president Bush.
links to the figures above...
Government - Historical Debt Outstanding - Annual 2000 - 2010
http://www.treasurydirect.gov/govt/reports/pd/mspd/2011/opds092011.prn
oh bull crud...the national debt the day before president bush's first fiscal budget was $5.8 trillion on 9/30/2001.
after 8 fiscal budgets years, the national debt was $11.9 trillion on 9/30/2009.
under president bush's 8 fiscal years attributed to him, $6.1 trillion was added to the national debt.
-------------------------------
president obama's first fiscal budget, began with 11.9 trillion in debt on 9/30/2009
fiscal 2011 ending 9/30/2011 it was $14.7
president Bush's last fiscal budget added $1.88 Trillion to the National Debt...this is the running deficit that president obama inherited from the previous president.
president clinton left president bush with approximately a 120 billion dollars added to the national debt, this is what pres bush began with....*
You can argue that president obama added a 760 billion stimulus bill in April or may of that year that was president bush's last fiscal year....but you would be wrong....
it takes forever to push out the money given in a stimulus and this stimulus was not passed till May, ALSO this stimulus was a 2 YEAR STIMULUS and not even a Quintilla was distributed before president bush's fiscal end....
And you can also argue that when president bush took office he had his congress pass a stimulus bill that included tax rebates for all of us for $300 per person, that was distributed that august of 2001, which was even greater than the stimulus obama was able to get in to the last fiscal year of bush's which was included in President Clinton's last fiscal year that should have been added to money that Pres bush had spent..*.but it wasn't because that fiscal year belongs to clinton, as fiscal 2009 belongs to president Bush.
links to the figures above...
Government - Historical Debt Outstanding - Annual 2000 - 2010
http://www.treasurydirect.gov/govt/reports/pd/mspd/2011/opds092011.prn
Obama not Bush signed off on the bail out, that does not count against Bush, it counts against Obama.