It's Official--Romney and Ryan for 2012!!!

[midcan5]

Why is spending only bad for republicans when it is helping the nation rebuild or helping the needy? When republicans do it it changes into something oddly different. Hypocrite, thy name is republican.

'Deficit Hypocrites'

"Before considering what exactly is wrong with the conservative critique of deficits, it is first useful to see just how hypocritical many of them are about this topic. In reality, most conservative politicians don’t care nearly as much about deficits as they claim. Consider the evidence: most Republicans in Congress did not become deficit hawks until after President Obama was elected. During the previous administration they were busy helping President Bush turn the budget surpluses of the Clinton era into large deficits. Most conservatives did not see this rapid increase in the national debt as a problem at all. Vice-President Cheney blithely dismissed those issues at the time by saying, “Reagan proved deficits don’t matter.”

So clearly many Republicans think deficits are just fine when they are spending the public’s money on their own political priorities. It didn’t bother them to fund the wars in Iraq and Afghanistan by massive deficit spending. And they were all too glad to add hundreds of billions to the national debt by passing several enormous tax cuts – money that went largely to the wealthy. The Center for Budget and Policy Priorities has estimated that those wars and tax cuts will eventually contribute a whopping $7 trillion to federal deficits by 2019." Government is Good - The Deficit Scare: Myth vs. Reality


"Percentage of the current U.S. debt that was accumulated during Republican presidential terms: 71
Portion of debt-ceiling elevations since 1960 that have been signed into law by Republican presidents : 2/3
Percentage of profits American corporations paid in taxes in 1961 : 40.6 Today: 10.5
Portion of the increase in U.S. corporate profit margins since 2001 that come from depressed wages: 3/4
Percentage of Americans who say they did not have money to buy food at all times last year: 18.2
Percentage change in the median household wealth of white families since 2005 : -16 Of Hispanic families: -66 "

October 2011, page 15 (Harper's Magazine Index)

 

[Toddsterpatriot]

Why is spending only bad for republicans when it is helping the nation rebuild or helping the needy? When republicans do it it changes into something oddly different. Hypocrite, thy name is republican.

'Deficit Hypocrites'

"Before considering what exactly is wrong with the conservative critique of deficits, it is first useful to see just how hypocritical many of them are about this topic. In reality, most conservative politicians don’t care nearly as much about deficits as they claim. Consider the evidence: most Republicans in Congress did not become deficit hawks until after President Obama was elected. During the previous administration they were busy helping President Bush turn the budget surpluses of the Clinton era into large deficits. Most conservatives did not see this rapid increase in the national debt as a problem at all. Vice-President Cheney blithely dismissed those issues at the time by saying, “Reagan proved deficits don’t matter.”

So clearly many Republicans think deficits are just fine when they are spending the public’s money on their own political priorities. It didn’t bother them to fund the wars in Iraq and Afghanistan by massive deficit spending. And they were all too glad to add hundreds of billions to the national debt by passing several enormous tax cuts – money that went largely to the wealthy. The Center for Budget and Policy Priorities has estimated that those wars and tax cuts will eventually contribute a whopping $7 trillion to federal deficits by 2019." Government is Good - The Deficit Scare: Myth vs. Reality


"Percentage of the current U.S. debt that was accumulated during Republican presidential terms: 71
Portion of debt-ceiling elevations since 1960 that have been signed into law by Republican presidents : 2/3
Percentage of profits American corporations paid in taxes in 1961 : 40.6 Today: 10.5
Portion of the increase in U.S. corporate profit margins since 2001 that come from depressed wages: 3/4
Percentage of Americans who say they did not have money to buy food at all times last year: 18.2
Percentage change in the median household wealth of white families since 2005 : -16 Of Hispanic families: -66 "

October 2011, page 15 (Harper's Magazine Index)

most Republicans in Congress did not become deficit hawks until after President Obama was elected.

That's awful. Can we expect Democrats to be deficit hawks after Romney is elected?
Do Democrats ever become deficit hawks?

Most conservatives did not see this rapid increase in the national debt as a problem at all.

I was very upset that Bush added $4.9 trillion to the national debt in 8 years.
Less than that, if we consider TARP.
I'm even more upset that Obama added $5.3 trillion to the national debt in 3 years, 7 months.
More than that, if we consider TARP.

 

[Charles_Main]

So to those 18 people who picked Obama just won the Election. Care to explain the gains Romney has made since the Pick?

lol

 

[georgephillip]

Why is spending only bad for republicans when it is helping the nation rebuild or helping the needy? When republicans do it it changes into something oddly different. Hypocrite, thy name is republican.

'Deficit Hypocrites'

"Before considering what exactly is wrong with the conservative critique of deficits, it is first useful to see just how hypocritical many of them are about this topic. In reality, most conservative politicians don’t care nearly as much about deficits as they claim. Consider the evidence: most Republicans in Congress did not become deficit hawks until after President Obama was elected. During the previous administration they were busy helping President Bush turn the budget surpluses of the Clinton era into large deficits. Most conservatives did not see this rapid increase in the national debt as a problem at all. Vice-President Cheney blithely dismissed those issues at the time by saying, “Reagan proved deficits don’t matter.”

So clearly many Republicans think deficits are just fine when they are spending the public’s money on their own political priorities. It didn’t bother them to fund the wars in Iraq and Afghanistan by massive deficit spending. And they were all too glad to add hundreds of billions to the national debt by passing several enormous tax cuts – money that went largely to the wealthy. The Center for Budget and Policy Priorities has estimated that those wars and tax cuts will eventually contribute a whopping $7 trillion to federal deficits by 2019." Government is Good - The Deficit Scare: Myth vs. Reality


"Percentage of the current U.S. debt that was accumulated during Republican presidential terms: 71
Portion of debt-ceiling elevations since 1960 that have been signed into law by Republican presidents : 2/3
Percentage of profits American corporations paid in taxes in 1961 : 40.6 Today: 10.5
Portion of the increase in U.S. corporate profit margins since 2001 that come from depressed wages: 3/4
Percentage of Americans who say they did not have money to buy food at all times last year: 18.2
Percentage change in the median household wealth of white families since 2005 : -16 Of Hispanic families: -66 "

October 2011, page 15 (Harper's Magazine Index)

most Republicans in Congress did not become deficit hawks until after President Obama was elected.

That's awful. Can we expect Democrats to be deficit hawks after Romney is elected?
Do Democrats ever become deficit hawks?

Most conservatives did not see this rapid increase in the national debt as a problem at all.

I was very upset that Bush added $4.9 trillion to the national debt in 8 years.
Less than that, if we consider TARP.
I'm even more upset that Obama added $5.3 trillion to the national debt in 3 years, 7 months.
More than that, if we consider TARP.

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

 

[Toddsterpatriot]

Why is spending only bad for republicans when it is helping the nation rebuild or helping the needy? When republicans do it it changes into something oddly different. Hypocrite, thy name is republican.

'Deficit Hypocrites'

"Before considering what exactly is wrong with the conservative critique of deficits, it is first useful to see just how hypocritical many of them are about this topic. In reality, most conservative politicians don’t care nearly as much about deficits as they claim. Consider the evidence: most Republicans in Congress did not become deficit hawks until after President Obama was elected. During the previous administration they were busy helping President Bush turn the budget surpluses of the Clinton era into large deficits. Most conservatives did not see this rapid increase in the national debt as a problem at all. Vice-President Cheney blithely dismissed those issues at the time by saying, “Reagan proved deficits don’t matter.”

So clearly many Republicans think deficits are just fine when they are spending the public’s money on their own political priorities. It didn’t bother them to fund the wars in Iraq and Afghanistan by massive deficit spending. And they were all too glad to add hundreds of billions to the national debt by passing several enormous tax cuts – money that went largely to the wealthy. The Center for Budget and Policy Priorities has estimated that those wars and tax cuts will eventually contribute a whopping $7 trillion to federal deficits by 2019." Government is Good - The Deficit Scare: Myth vs. Reality


"Percentage of the current U.S. debt that was accumulated during Republican presidential terms: 71
Portion of debt-ceiling elevations since 1960 that have been signed into law by Republican presidents : 2/3
Percentage of profits American corporations paid in taxes in 1961 : 40.6 Today: 10.5
Portion of the increase in U.S. corporate profit margins since 2001 that come from depressed wages: 3/4
Percentage of Americans who say they did not have money to buy food at all times last year: 18.2
Percentage change in the median household wealth of white families since 2005 : -16 Of Hispanic families: -66 "

October 2011, page 15 (Harper's Magazine Index)

most Republicans in Congress did not become deficit hawks until after President Obama was elected.

That's awful. Can we expect Democrats to be deficit hawks after Romney is elected?
Do Democrats ever become deficit hawks?

Most conservatives did not see this rapid increase in the national debt as a problem at all.

I was very upset that Bush added $4.9 trillion to the national debt in 8 years.
Less than that, if we consider TARP.
I'm even more upset that Obama added $5.3 trillion to the national debt in 3 years, 7 months.
More than that, if we consider TARP.

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

Between 2001 and today, over $10 trillion was added to the debt.

 

[Foxfyre]

most Republicans in Congress did not become deficit hawks until after President Obama was elected.

That's awful. Can we expect Democrats to be deficit hawks after Romney is elected?
Do Democrats ever become deficit hawks?

Most conservatives did not see this rapid increase in the national debt as a problem at all.

I was very upset that Bush added $4.9 trillion to the national debt in 8 years.
Less than that, if we consider TARP.
I'm even more upset that Obama added $5.3 trillion to the national debt in 3 years, 7 months.
More than that, if we consider TARP.

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

Between 2001 and today, over $10 trillion was added to the debt.

And not one dime of all that debt was due to a tax cut. Every nickle was due to Congress and the President spending more than the federal treasury took in.

 

[georgephillip]

most Republicans in Congress did not become deficit hawks until after President Obama was elected.

That's awful. Can we expect Democrats to be deficit hawks after Romney is elected?
Do Democrats ever become deficit hawks?

Most conservatives did not see this rapid increase in the national debt as a problem at all.

I was very upset that Bush added $4.9 trillion to the national debt in 8 years.
Less than that, if we consider TARP.
I'm even more upset that Obama added $5.3 trillion to the national debt in 3 years, 7 months.
More than that, if we consider TARP.

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

Between 2001 and today, over $10 trillion was added to the debt.

What has been the biggest single contributor to that $10 trillion of new debt in your opinion?

 

[Foxfyre]

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

Between 2001 and today, over $10 trillion was added to the debt.

What has been the biggest single contributor to that $10 trillion of new debt in your opinion?

Again, the ONLY thing that has caused, been a factor in, or has contributed to any of the National Debt is a Congress and President who have spent more than the national treasury took in.

 

[georgephillip]

What effects on national revenues have the Bush tax cuts produced?

 

[Toddsterpatriot]

"A New York Times article claims the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009.[26]

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

TARP passed on October 3. 2008...Good thing deficits don't matter to Republcans AND Democrats.

Bush tax cuts - Wikipedia, the free encyclopedia

"CBO estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest."

Between 2001 and today, over $10 trillion was added to the debt.

What has been the biggest single contributor to that $10 trillion of new debt in your opinion?

Overspending.