History of debt ceiling tells us where debt came from.

Discussion in 'Politics' started by rdean, Jul 15, 2011.

  1. rdean
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    rdean rddean

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    When George Bush took office, the debt ceiling was 5 trillion. When he left office, after raising it seven times, the debt ceiling was well over 11 trillion.

    When Bush left office, he handed Obama an economy losing 800,000 jobs a month, TARP, two wars, a Bin Laden free to plan and on the last day of Bush's last budget, unemployment was 10.1%. But it's Obama who created the debt? Obama who's spending like crazy?

    And I'm not blaming this just on Bush. Remember, Republicans held both houses for 6 straight years and a conservative Supreme Court.

    But the truth is right there in the debt ceiling. It's there for everyone to look at. A big boulder in the middle of the road. It can't be "rewritten".

    Who do Republicans want to pay for this disastrous debt?
     
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  2. iamwhatiseem
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    iamwhatiseem Gold Member

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    Fail
     
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  3. rdean
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    rdean rddean

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    The truth has always failed the Right Wing. Unfortunately for them, facts have a liberal bias.
     
  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    If you were on "my side" of a debate - I would pay you to not say a word.
    Truth is - you are so drunk on Kool-Aid that I guarantee no matter how many times you read your opening post - you won't realize that your making the opposite point.
    Do the Math....how much did Boooosh spend in 8 years...and how much has Obama spent in 30 months?

    Oops.
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    You lie. But you're a Liberal and that's expected.

    Unemployment rate when Obama took office in Jan 2009 was 7.7%.
    United States Unemployment Rate
    Bush only used part of the TARP money. Obama used the rest so his hands are dirty as well.
    Obama Seeks Bush Help On TARP : NPR
    Bush fought two wars. Obama, after promising to "Bring the troops home" during his election campaign is now fighting 5 wars.
    The debt under Bush was 500 Billion. Now under Obama it's 1.4 Trillion.

    You Liberals have to ask yourself this question; Is Obama a puppet being controlled by outside forces or did he just flat out lie to us to get elected?

    It has to be one or the other.
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    so, the january unemployment rate is obama's huh? sheesh....kinda silly to put january or february's unemployment rate on obama, even march's comes from everything that happened before obama....nothing he could do in one month to effect it....or 2 months for that matter....

    how you could peg january's u/e rate on obama when he wasn't even sworn in till the 20th shows pure number manipulation by YOU madscientist for only political posturing....

    but hey, i guess it's ok cuz every one does it, eh?
     
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  7. uscitizen
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    uscitizen Senior Member

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    Boooooossssshhhhh!

    :D
     
  8. uscitizen
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    uscitizen Senior Member

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    Didn't booosh pass and support the 800 billion TARP?
    Seems like McConnel and most of the republicans stillin the congress supported it too?
     
    Last edited: Jul 15, 2011
  9. Warrior102
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    Warrior102 Gold Member

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    Unemployment was 10% under Bush?

    Where?

    In France?

    It sure as hell wasn't in the U.S. dipshit.
     
  10. rdean
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    rdean rddean

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    Unemployment was 7.7% when Obama took office, but like I said, "On the last day of Bush's budget".

    The budget doesn't start on the first day a president takes office. They are saddled with the last president's budget for at least 6 months before they can pass their own. Go ahead, look it up. On the last day of Bush's budget, unemployment was 10.1%.

    When Bush took office, the debt ceiling was 5 trillion. When he left office, it was close to 12 trillion. Think about why that is. If you haven't increased the debt, why would you increase the debt ceiling?

    Does that really have to be explained. Seems very, very simple to me. Why is it so difficult for right wingers to understand? Do they consider this "rocket science"? If that's the case, they have real, long term issues.
     
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