Foolish Republicans Install Real Time Debt Clock

Discussion in 'Politics' started by Cammmpbell, Aug 27, 2012.

  1. Cammmpbell
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    Cammmpbell Senior Member

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    Which will show the increase in the total debt for the duration of the RNC convention.

    You'd think after the Reagan/Bushes years they'd be ashamed of it.

    The day Obama's first budget responsibility began the U S owed $453 billion of interest on the debt. Unlike the debt itself the interest must be paid or the nation goes into default. Subtract a trillion or so from Obama's debt and add it to the Reagan/Bush years:

    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
     
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    Last edited: Aug 27, 2012
  2. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    Your numbers are meaningless. Obama is responsible for more debt than any President EVER.

    Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined | CNSNews.com

    Sorry! This is a loser! Try again soon!
     
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  3. eflatminor
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    eflatminor Classical Liberal

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    If you're trying to say government during Reagan and the Bush's spent too much, you're right, they did. Of course, it was nothing compared to what they spend during the Obama years.

    What's your point?
     
  4. Caroljo
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    Caroljo Gold Member

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    So if this were true....why didn't we lose our AAA credit rating back then? If Bush was so bad, i would think it would have happened then. No....this is ALL Obama's baby...and people are sick of it!
     
  5. Sinjorri
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    Sinjorri Senior Member

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    people with a choice, i see what you did there, :eusa_clap:
     
  6. Cammmpbell
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    Cammmpbell Senior Member

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    So you think it's fair to count the annual interest which has been paid by Obama on the Reagan/Bushes debt as new debt by him? The first year it was half a trillion dollars. Bush's last budget ended Sept. 30, 2009....that day the interest due and payable was $451 billion dollars. The annual interest payments are second only to the defense budget:


    2011 $454,393,280,417.03



    2010 $413,954,825,362.17



    2009 $383,071,060,815.42



    2008 $451,154,049,950.63
     
    Last edited: Aug 27, 2012
  7. WillowTree
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    WillowTree Diamond Member

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    I think it was Paul Ryan's idea.
     
  8. eflatminor
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    eflatminor Classical Liberal

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    Really? Do you have a link for this?

    Here's the 2011 federal budget breakdown:
    21% Medicare, Medicade, CHIP
    20% Social Security
    20% Defense
    13% Safety Net Programs
    7% Benefits for federal employee retirees
    6% Interest on Debt
    3% Transportation and infrastructure
    2% Education
    2% Science and research
    1% Non security international
    4% Other
     
  9. Cammmpbell
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    Cammmpbell Senior Member

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    LMAO!!! Where did you find that load of horse shit? All that's required to reduce spending is to cut out a Republican war or two:


    [​IMG]
     
    Last edited: Aug 27, 2012
  10. Inthemiddle
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    Inthemiddle BANNED

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    This should be great. Real campaign material, here. It'll be smashing to watch the GOP dance the night away in front of a giant clock ticking us further into debt, millions by the second. Maybe they'll pose around for a picture, flashing gang signs.
     

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