It's The Tax Cuts.....That And Continued Spending:

[Campbell]

Ronald Reagan assumed a budget which was set to completely settle the national debt.....about $1,000,000,000,000. What did he do?? He slashed tax rates for rich people to pre depression levels, continued to spend like a drunk sailor and quadrupled the national debt.

Bill Clinton took over after Bush41, raised tax rates, trimmed spending and balanced the budget by the sixth year into his two terms then after the last three years had a surplus of nearly $400,000,000,000. The money was used to buy back debt. The reason that path was taken was because it was a way to save more money by saving the interest which was expected to be paid on that money.

George W. Bush(the cowboy wannabe) spent his first two years in office cutting tax rates for the rich again, 2001 and again in 2003. Then he started two wars, one totally unnecessary and doubled the national debt again.

About two trillion dollars of Obama's debt has been used to pay interest on the Reagan/Bushes debt.

IT'S THE TAX CUTS STUPID!!!!!!!

..........................Total U S Debt...........................

09/30/2014 $17,824,071,380,733.82
09/30/2013 $16,738,183,526,697.32
09/30/2012 $16,066,241,407,385.89
09/30/2011 $14,790,340,328,557.15
09/30/2010 $13,561,623,030,891.79
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 Accommodate 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(Bill Clinton raised tax rates while he still had a Democrat congress,1993)
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)(Reagan Slashed Tax Rates To Pre Depression Levels)
09/30/1981 $997,855,000,000.00

 

[Stephanie]

this again and again and again and again and again

they can;t stand the fact you the taxpayer got any of YOUR MONEY given back to you by those tax cuts. I mean they couldn't make it up by, oh I don't, shutting down a few of the worthless government agencies, like the NEA, DOE, and pick one of the alphabet government agencies. you PEOPLE fall for this you deserve to be ripped off by this Guberment and their pawn/tools like the op

 

[LordBrownTrout]

And yet O has racked up 9 trillion, 3 trillion more than bush, and counting and he still has a year in office

 

[Stephanie]

but they rant and rant on you getting back your money through tax cuts but see nothing wrong with this crap all to go spew on our CLIMATE of all the stupid things. and this month we the people will get to pay for the Obama's slumming for a19 day Hawaii vacation.
snip:
Obama’s Motorcade for Climate Change Talks Costing $784,825
Contract: ‘No sustainability included’




BY: Elizabeth Harrington
December 1, 2015 5:00 am


Car service, hotels, and accommodations for the president and other administration officials to attend climate change talks in Paris are costing taxpayers nearly $2 million, according to government contracts.

The COP21 meeting of global leaders, which President Obama said is a “powerful rebuke” to terrorists, began on Monday. Representatives from 195 countries traveled to Paris, burning 300,000 tons of carbon dioxide for the United Nations conference that is seeking to reduce global emissions.

The tab for Obama’s motorcade alone totals $784,825. The State Department issued a $407,868 contract to Biribin Limousines, an international chauffeur service, for vehicles for the president’s security detail.

“No Sustainability Included,” the document states under a section for contract clauses.

Numerous other contracts for passenger vehicle rentals, including $9,042 for accompanying press, totaled $376,957.

Taxpayers were also billed $100,216 to book hotel accommodations for the president’s stay. Hotel rooms and cell phones for the U.S. Secret Service traveling with the president cost $16,642 and $4,034, respectively.

A number of cabinet secretaries are also in Paris for the United Nations conference, including IRS Commissioner John Koskinen, whose car service tab is $5,400.

Secretary of State John Kerry’s car service totaled $76,435, with three separate contracts worth $38,684, $15,789, and $21,962.

Car service for Energy Secretary Ernest Moniz is costing $19,080, and two contracts worth $10,153 and $10,737 were issued for Agriculture Secretary Tom Vilsack’s chauffeur service.

Interior Secretary Sally Jewell is also attending the conference, with hotel accommodations at the Tuileries Finances in Paris costing $36,091, and her car service totaling $13,903.

In all, costs associated with the climate change summit totaled $1,805,282.

The spending included $51,337 to rent a hangar for Marine One for the duration of the trip, $4,744 to rent office equipment, $12,478 for a hotel suite for a control room, and $7,239 hotels for the United States Agency for International Development.

The government also paid Decoral, an interior design agency running accommodations for COP21, $486,989 and $134,778.

Spending on the conference dates back to August, when the government paid $9,576 to rent a meeting room.

President Obama’s goals he proposed for the conference are estimated to cost up to $45 billion per year and would reduce global temperatures by less than two-tenths of one degree.


all of it here:
Obama’s Motorcade for Climate Change Talks Costing $784,825

 

[Campbell]

And yet O has racked up 9 trillion, 3 trillion more than bush, and counting and he still has a year in office

Your biggest problem is that you can't count!!!

 

[jwoodie]

And yet O has racked up 9 trillion, 3 trillion more than bush, and counting and he still has a year in office

Your biggest problem is that you can't count!!!

One wonders whether you have the capacity to analyze the "statistics" you post or if they are deliberate misrepresentations of our national debt history.

1. The first chart ignores the fact that government revenues went up as a result of the tax cuts.

2. The second chart merely reflects the rate of inflation which affects automatic COLAs for "entitlement" spending, which is the bulk of our federal budget.

Nice try.

 

[Campbell]

And yet O has racked up 9 trillion, 3 trillion more than bush, and counting and he still has a year in office

Your biggest problem is that you can't count!!!

One wonders whether you have the capacity to analyze the "statistics" you post or if they are deliberate misrepresentations of our national debt history.

1. The first chart ignores the fact that government revenues went up as a result of the tax cuts.

2. The second chart merely reflects the rate of inflation which affects automatic COLAs for "entitlement" spending, which is the bulk of our federal budget.

Nice try.

Big deal.....the goddam national debt went up too. The Republicans are responsible for every penny of the debt after Bill Clinton left a balanced budget with surpluses projected all the way to the out years and a plan in place to completely settle the debt. The first thing Bush did was cut taxes, not once but twice using reconciliation to block Democrat opposition. Then he started two wars...one totally unnecessary and had to increase spending astronomically to fund them. Right now Obama has had to borrow nearly two trillion dollars just to pay the annual interest on the debt Reagan and the Bushes ran up. It's recorded...it's history and you bastards can't rewrite it though I'm sure you'll try.

 

[Soggy in NOLA]

No, didn't you know, if 1% of the population just paid higher taxes...

 

[ScienceRocks]

What's funnier is Bill clinton never cut a cent out of infrastructure, science, r&d and education!!!!



The republicans want to weaken our economy at home and give over the bank to the riches.

 

[ScienceRocks]

We need to get rid of the goddamn tax cuts, fix our healthcare system and consider leaving the middle east. That would do something about the debt.

 

[FireFly]

Repubtards think money grows on trees. They tax us with high deficits, inflation to cut worker benefits & raise the payroll tax on workers.

 

[ScienceRocks]

Repubtards think money grows on trees. They tax us with high deficits, inflation to cut worker benefits & raise the payroll tax on workers.

Republicans cut education, cut science, cut r&d investment and think about firing millions of workers...Seemly, they think ripping the guts out of our economy will pay down the debt. What dumb asses.

Austerity is a joke.

 

[JoeNormal]

this again and again and again and again and again

they can;t stand the fact you the taxpayer got any of YOUR MONEY given back to you by those tax cuts. I mean they couldn't make it up by, oh I don't, shutting down a few of the worthless government agencies, like the NEA, DOE, and pick one of the alphabet government agencies. you PEOPLE fall for this you deserve to be ripped off by this Guberment and their pawn/tools like the op

Do you realize that our national laboratories like Sandia, Lawrence Livermore, Argonne, etc fall under the DOE? Do you have any idea of the technological advancements these labs provide?

 

[Campbell]

What's funnier is Bill clinton never cut a cent out of infrastructure, science, r&d and education!!!!



The republicans want to weaken our economy at home and give over the bank to the riches.

You're exactly right. Look closely at the upper 1% in this chart. At the end of Clinton's two terms their part of the gravy was headed back to something normal. Look closely at where it headed immediately after Bush's tax cuts, 2001 and 2003(they used reconciliation to block Democrat opposition). The entire debt would have been settled 2 or 3 years ago if the stupid bastard had just let his rich oil friends pay their fair share for a few years:

When adjusted for inflation the lowest half of income earners have not had a raise since the 1970's.

 

[ScienceRocks]

this again and again and again and again and again

they can;t stand the fact you the taxpayer got any of YOUR MONEY given back to you by those tax cuts. I mean they couldn't make it up by, oh I don't, shutting down a few of the worthless government agencies, like the NEA, DOE, and pick one of the alphabet government agencies. you PEOPLE fall for this you deserve to be ripped off by this Guberment and their pawn/tools like the op

Do you realize that our national laboratories like Sandia, Lawrence Livermore, Argonne, etc fall under the DOE? Do you have any idea of the technological advancements these labs provide?

No, of course she doesn't. She wants us to become like Somalia or some other third rate shit hole that doesn't do shit anymore.

 

[BluesLegend]

What's funnier is Bill clinton never cut a cent out of infrastructure, science, r&d and education!!!!



The republicans want to weaken our economy at home and give over the bank to the riches.

Duh he was in the White House not the House of Representatives where spending decisions are made. You just complimented the GOP, ouch that's gonna leave a mark.

 

[Dont Taz Me Bro]

What's funnier is Bill clinton never cut a cent out of infrastructure, science, r&d and education!!!!.

What's even funnier is that you have no clue how our government works, yet you continue to comment on it and embarrass yourself over and over.

 

[Campbell]

And yet O has racked up 9 trillion, 3 trillion more than bush, and counting and he still has a year in office

Your biggest problem is that you can't count!!!

One wonders whether you have the capacity to analyze the "statistics" you post or if they are deliberate misrepresentations of our national debt history.

1. The first chart ignores the fact that government revenues went up as a result of the tax cuts.

2. The second chart merely reflects the rate of inflation which affects automatic COLAs for "entitlement" spending, which is the bulk of our federal budget.

Nice try.

The debt never slowed down. It's basic....if your budget balances you don't quit your part time job unless you also cut your spending. DUUHH!! The Republicans have never cut spending a goddam dime and in the last 35 years they're the only ones who have cut taxes....repeatedly!