Republicans lie about "explosion of spending" under Obama

[mskafka]

The only explosion of spending has been the WELFARE we've give the BANSTERS.

And BOTH PARTIES are in on that scam.

The money has to come from somewhere. How can we possibly consider lowering taxes, when we can't get the bastards to pay what they owe now?

Maybe that's why Clinton raised taxes; because he knew that people weren't going to pay what they really owed, so he might as well raise the bar to break even.

 

[Skull Pilot]

While giving the Republican Response to the State of the Union, Mitch Daniels repeated the lie about how government spending grew under Obama:

"In three short years, an unprecedented explosion of spending, with borrowed money, has added trillions to an already unaffordable national debt."

Well, that is a blatant lie. Here is how the spending really increased:

As anyone can see in the chart above, the government spending grew under Obama at the same rate they were growing under Bush's 8 years. There was an uptick in 2009 (that was the stimulus package), but since then there was no increase at all.

It is true, that the budget deficit exploded ten-fold around the time when Obama moved to the White House. But the reason for that were falling tax revenues as the economy tanked in the end of 2008 -- not an increase in the spending.

So why respected Republican leaders -- and not just Tea Party nuts -- keep repeating such an obvious lies? That is a good question, but it speaks a lot about the state of US democracy.

Spending has increased. you're not denying that are you?

And I would call a nearly trillion dollar increase an explosion of spending and debt especially since nearly 50 cents of each of those trillion dollars was borrowed

 

[mskafka]

Of course people like Gingrich don't want taxes raised. Then he might actually have to pay his fair share.

 

[Skull Pilot]

Of course people like Gingrich don't want taxes raised. Then he might actually have to pay his fair share.

Define fair share

 

[Two Thumbs]

While giving the Republican Response to the State of the Union, Mitch Daniels repeated the lie about how government spending grew under Obama:

"In three short years, an unprecedented explosion of spending, with borrowed money, has added trillions to an already unaffordable national debt."

Well, that is a blatant lie. Here is how the spending really increased:

As anyone can see in the chart above, the government spending grew under Obama at the same rate they were growing under Bush's 8 years. There was an uptick in 2009 (that was the stimulus package), but since then there was no increase at all.

It is true, that the budget deficit exploded ten-fold around the time when Obama moved to the White House. But the reason for that were falling tax revenues as the economy tanked in the end of 2008 -- not an increase in the spending.

So why respected Republican leaders -- and not just Tea Party nuts -- keep repeating such an obvious lies? That is a good question, but it speaks a lot about the state of US democracy.

So what you are saying is that what Mitt Daniels said was the truth and your graff proves it.


that's a rather odd way to try and call other people liars. Posting the facts that prove them right and you wrong.

I never would have thought of doing it that way.

 

[mskafka]

Of course people like Gingrich don't want taxes raised. Then he might actually have to pay his fair share.

Define fair share

Fair share would be to raise the capital gains tax. It's not right for a multi-millionaire to be paying 15-20% of their gross, and someone who grosses $200k to be paying 30-35% of their gross. I don't think it's fair. Life's not fair...but this is fucking ridiculous. What was the rumor about Romney? 15%? Screwed up.

 

[mudwhistle]

While giving the Republican Response to the State of the Union, Mitch Daniels repeated the lie about how government spending grew under Obama:

"In three short years, an unprecedented explosion of spending, with borrowed money, has added trillions to an already unaffordable national debt."

Well, that is a blatant lie. Here is how the spending really increased:

As anyone can see in the chart above, the government spending grew under Obama at the same rate they were growing under Bush's 8 years. There was an uptick in 2009 (that was the stimulus package), but since then there was no increase at all.

It is true, that the budget deficit exploded ten-fold around the time when Obama moved to the White House. But the reason for that were falling tax revenues as the economy tanked in the end of 2008 -- not an increase in the spending.

So why respected Republican leaders -- and not just Tea Party nuts -- keep repeating such an obvious lies? That is a good question, but it speaks a lot about the state of US democracy.

Provide a link to that graph and I'll figure out if it's bogus or not.

 

[Skull Pilot]

Of course people like Gingrich don't want taxes raised. Then he might actually have to pay his fair share.

Define fair share

Fair share would be to raise the capital gains tax. It's not right for a multi-millionaire to be paying 15-20% of their gross, and someone who grosses $200k to be paying 30-35% of their gross. I don't think it's fair. Life's not fair...but this is fucking ridiculous. What was the rumor about Romney? 15%? Screwed up.

For one someone making 200K doesn't pay 35% of their gross.

Tax rates are marginal. All income is separated into brackets. A person making 200K pays the same rate on his first 50K as the person earning 50K

Maybe you should learn at least a little bit about the tax laws.

10% Bracket $0 – $17,400 $0 – $8,700
15% Bracket $17,400 – $70,700 $8,700 – $35,350
25% Bracket $70,700 – $142,700 $35,350 – $85,650
28% Bracket $142,700 – $217,450 $85,650 – $178,650
33% Bracket $217,450 – $388,350 $178,650 – $388,350
35% Bracket Over $388,350

So everyone pays 10% on the first 8700 or 17400 if married
Then on the amount from 8701 to 35350 if single or 17401 to 70700 the tax is 15%

and so on.

So you see the top marginal bracket that you are in does NOT apply to your gross. In fact no income tax applies to your gross earnings. Tax rates are applied to your adjusted gross income which is your gross income minus all credits and deductions.

Now that you know how income taxes work here's another little tid bit for you.

97% of Americans who paid income taxes in 2009 paid less than 15% .

http://newsbusters.org/blogs/noel-sheppard/2012/01/19/media-myth-debunked-97-percent-americans-pay-less-romneys-15-percent

 

[skookerasbil]

The raw numbers, courtesy of the Treasury Department’s Debt To The Penny Calculator, tell the sad tale:

■On January 20, 2009, the total outstanding National Debt stood at $10,626,877,048,913.08.
■On August 19, 2011, the number was $14,639,239,567,874.38
■That’s an increase of $4,012,362,518,961.3 over the 942 days of the Obama Presidency that had elapsed between those two days, or an increase of $4,259,408,194.23 per day
■If that trend continues the national debt will be $16,854,131,828,872.13 at the end of President Obama’s current term, and $25,292,019,461,634.69 on Inauguration Day 2017.

Currently the National Debt stands at roughly 97% of Gross Domestic Product. Does anyone want to pretend that the ratio will be the same when we’re talking about $25 trillion in debt?

National Debt Has Increased $4 Trillion Under President Obama


The lefty k00ks that post up thier irrelevant drivel in this nether-region corner of the internet fail to recognize that they are posting up shit in a POLITICS forum, thus, all have the political IQ of a small soap dish.
The fact is........reality is 99% perception and the perception among independent voters is that not only is President Obama a drunken spender the likes of which has never been seen in our lifetimes......but also that he doesnt give a rats ass about the National Debt. In November, the majority will not forget his 2008 campaign promises, one of which was to change Washington and bring spending under control. The lefty k00ks on this board not only dont care a wit about that promise but not a single one thinks there is any problem with the debt soaring to 16 trillion dollars.

Lets face it..........who benefits when the train wreck occurs? Obama and the people who share his statist ideology. When the train wreck occurs, the world as we know it will cease to exist. A collapse of the capitalistic system benefits only the statists.......the only ones left to pick up the pieces. INdeed.......soaring debt is embraced by every single far left miserable jealous of others success nut loser who's prime goal in life is to see successful people get a telephone pole up their ass. All lefty nutty-asses have grown up thinking that there are solutions to all problems if you only fix the institutions and to them, the only way to fix the institutions is with government.

I have much faith in the independent voter who makes up 40% of the voting public. In swing states, Obama carried 2/3rds of them in 2008..........want even be close to that this November because these voters do not embrace the tragic view of America. They do not want an America where the state is involved in everything. They do not want their kids paying 50% of their income to support the entitlement society. Nope........independents didnt sign up for any of this shit in 2008.

The whole dynamic has changed in 2012.........like it was by 2007 when it became social dogma to bash Bush, the same has happened in the past year. Except for the hopelessly duped, nobody defends this president anymore because you look like a dick doing so.......its just the way it is. Independents dont like being played.........dont like looking like a dick. Once the GOP candidate is established, the polls will reflect it...........and Obama will be beat over the head for months about the debt. And make no mistake........indpendent voters will be delivered in those 5 or 6 swing states..........and that is all that matters.

No worries here...........

 

[mskafka]

Define fair share

Fair share would be to raise the capital gains tax. It's not right for a multi-millionaire to be paying 15-20% of their gross, and someone who grosses $200k to be paying 30-35% of their gross. I don't think it's fair. Life's not fair...but this is fucking ridiculous. What was the rumor about Romney? 15%? Screwed up.

For one someone making 200K doesn't pay 35% of their gross.

Tax rates are marginal. All income is separated into brackets. A person making 200K pays the same rate on his first 50K as the person earning 50K

Maybe you should learn at least a little bit about the tax laws.

10% Bracket $0 – $17,400 $0 – $8,700
15% Bracket $17,400 – $70,700 $8,700 – $35,350
25% Bracket $70,700 – $142,700 $35,350 – $85,650
28% Bracket $142,700 – $217,450 $85,650 – $178,650
33% Bracket $217,450 – $388,350 $178,650 – $388,350
35% Bracket Over $388,350

So everyone pays 10% on the first 8700 or 17400 if married
Then on the amount from 8701 to 35350 if single or 17401 to 70700 the tax is 15%

and so on.

So you see the top marginal bracket that you are in does NOT apply to your gross. In fact no income tax applies to your gross earnings. Tax rates are applied to your adjusted gross income which is your gross income minus all credits and deductions.

Now that you know how income taxes work here's another little tid bit for you.

97% of Americans who paid income taxes in 2009 paid less than 15% .

Media Myth Debunked: 97 Percent of Americans Pay Less Tax Than Romney's 15 Percent | NewsBusters.org

I would like to know who these lucky people are, because I pay around 28-30% of my gross every year. And I make nowhere NEAR 200k. They must have a lot of write-offs, or they make shit for wages. My fiance pays between 32-35% of his gross.

 

[mskafka]

The raw numbers, courtesy of the Treasury Department’s Debt To The Penny Calculator, tell the sad tale:

■On January 20, 2009, the total outstanding National Debt stood at $10,626,877,048,913.08.
■On August 19, 2011, the number was $14,639,239,567,874.38
■That’s an increase of $4,012,362,518,961.3 over the 942 days of the Obama Presidency that had elapsed between those two days, or an increase of $4,259,408,194.23 per day
■If that trend continues the national debt will be $16,854,131,828,872.13 at the end of President Obama’s current term, and $25,292,019,461,634.69 on Inauguration Day 2017.

Currently the National Debt stands at roughly 97% of Gross Domestic Product. Does anyone want to pretend that the ratio will be the same when we’re talking about $25 trillion in debt?

National Debt Has Increased $4 Trillion Under President Obama


The lefty k00ks that post up thier irrelevant drivel in this nether-region corner of the internet fail to recognize that they are posting up shit in a POLITICS forum, thus, all have the political IQ of a small soap dish.
The fact is........reality is 99% perception and the perception among independent voters is that not only is President Obama a drunken spender the likes of which has never been seen in our lifetimes......but also that he doesnt give a rats ass about the National Debt. In November, the majority will not forget his 2008 campaign promises, one of which was to change Washington and bring spending under control. The lefty k00ks on this board not only dont care a wit about that promise but not a single one thinks there is any problem with the debt soaring to 16 trillion dollars.

Lets face it..........who benefits when the train wreck occurs? Obama and the people who share his statist ideology. When the train wreck occurs, the world as we know it will cease to exist. A collapse of the capitalistic system benefits only the statists.......the only ones left to pick up the pieces. INdeed.......soaring debt is embraced by every single far left miserable jealous of others success nut loser who's prime goal in life is to see successful people get a telephone pole up their ass. All lefty nutty-asses have grown up thinking that there are solutions to all problems if you only fix the institutions and to them, the only way to fix the institutions is with government.

I have much faith in the independent voter who makes up 40% of the voting public. In swing states, Obama carried 2/3rds of them in 2008..........want even be close to that this November because these voters do not embrace the tragic view of America. They do not want an America where the state is involved in everything. They do not want their kids paying 50% of their income to support the entitlement society. Nope........independents didnt sign up for any of this shit in 2008.

The whole dynamic has changed in 2012.........like it was by 2007 when it became social dogma to bash Bush, the same has happened in the past year. Except for the hopelessly duped, nobody defends this president anymore because you look like a dick doing so.......its just the way it is. Independents dont like being played.........dont like looking like a dick. Once the GOP candidate is established, the polls will reflect it...........and Obama will be beat over the head for months about the debt. And make no mistake........indpendent voters will be delivered in those 5 or 6 swing states..........and that is all that matters.

No worries here...........

IQ of a soapdish, eh? So what was your last IQ score?

 

[mskafka]

The raw numbers, courtesy of the Treasury Department’s Debt To The Penny Calculator, tell the sad tale:

■On January 20, 2009, the total outstanding National Debt stood at $10,626,877,048,913.08.
■On August 19, 2011, the number was $14,639,239,567,874.38
■That’s an increase of $4,012,362,518,961.3 over the 942 days of the Obama Presidency that had elapsed between those two days, or an increase of $4,259,408,194.23 per day
■If that trend continues the national debt will be $16,854,131,828,872.13 at the end of President Obama’s current term, and $25,292,019,461,634.69 on Inauguration Day 2017.

Currently the National Debt stands at roughly 97% of Gross Domestic Product. Does anyone want to pretend that the ratio will be the same when we’re talking about $25 trillion in debt?

National Debt Has Increased $4 Trillion Under President Obama


The lefty k00ks that post up thier irrelevant drivel in this nether-region corner of the internet fail to recognize that they are posting up shit in a POLITICS forum, thus, all have the political IQ of a small soap dish.
The fact is........reality is 99% perception and the perception among independent voters is that not only is President Obama a drunken spender the likes of which has never been seen in our lifetimes......but also that he doesnt give a rats ass about the National Debt. In November, the majority will not forget his 2008 campaign promises, one of which was to change Washington and bring spending under control. The lefty k00ks on this board not only dont care a wit about that promise but not a single one thinks there is any problem with the debt soaring to 16 trillion dollars.

Lets face it..........who benefits when the train wreck occurs? Obama and the people who share his statist ideology. When the train wreck occurs, the world as we know it will cease to exist. A collapse of the capitalistic system benefits only the statists.......the only ones left to pick up the pieces. INdeed.......soaring debt is embraced by every single far left miserable jealous of others success nut loser who's prime goal in life is to see successful people get a telephone pole up their ass. All lefty nutty-asses have grown up thinking that there are solutions to all problems if you only fix the institutions and to them, the only way to fix the institutions is with government.

I have much faith in the independent voter who makes up 40% of the voting public. In swing states, Obama carried 2/3rds of them in 2008..........want even be close to that this November because these voters do not embrace the tragic view of America. They do not want an America where the state is involved in everything. They do not want their kids paying 50% of their income to support the entitlement society. Nope........independents didnt sign up for any of this shit in 2008.

The whole dynamic has changed in 2012.........like it was by 2007 when it became social dogma to bash Bush, the same has happened in the past year. Except for the hopelessly duped, nobody defends this president anymore because you look like a dick doing so.......its just the way it is. Independents dont like being played.........dont like looking like a dick. Once the GOP candidate is established, the polls will reflect it...........and Obama will be beat over the head for months about the debt. And make no mistake........indpendent voters will be delivered in those 5 or 6 swing states..........and that is all that matters.

No worries here...........

And it will be interesting to see if Ron Paul breaks off and runs as an independent. Who will he take the votes away from? Since he's (Obama) made ALL the decisions over the last 3 years, and congress had no say in any of them....he's a dictator....right?

You extreme-right and left really are entertaining to watch.

 

[CrusaderFrank]

Budget? Wussdat? We don't need so stinking budget! We're Democrats!

Don't we have our productive congress partially to thank for this?

Did you mean the Pelosi Congress? The one that didn't pass a single budget, or the Republican Congress that passed one?

http://www.nytimes.com/2011/04/15/us/politics/15congress.html

 

[AmericanFirst]

So the President hasnt borrowed more money in three years than all the time from George Washington to Bill Clinton?

The lie is not about borrowing. It is about spending. US government had to borrow more to make up for the lost tax revenue. If it didn't, it would have to cut dramatically the spending on things like military and social security. And such a cut would be self defeating anyway, because it would further depress the economy and the government revenues.

He is borrowing to spend. Yes, he has spent more, and no, the republicans are not lying. Stop kissing obamaturds butt, butt kisser.

 

[mskafka]

Budget? Wussdat? We don't need so stinking budget! We're Democrats!

Don't we have our productive congress partially to thank for this?

Did you mean the Pelosi Congress? The one that didn't pass a single budget, or the Republican Congress that passed one?

http://www.nytimes.com/2011/04/15/us/politics/15congress.html

I'm not playing the partisan thing, here. The Republican majority over the House and Senate throughout most of the Bush administration got many things accomplished...including everyone's favorite-"the PATRIOT act".

I was disappointed in Pelosi. For the longest time, I thought that she simply had no spine. Now I know that she was cashing in on the insider trading. So she had to stay on everyone's good side. And now that the democrats have the senate, and the GOP has the House, they have gotten ZERO accomplished.

So it isn't partisan for me. Both sides need to be handed pink slips. WTF are we paying them for?

 

[Skull Pilot]

Fair share would be to raise the capital gains tax. It's not right for a multi-millionaire to be paying 15-20% of their gross, and someone who grosses $200k to be paying 30-35% of their gross. I don't think it's fair. Life's not fair...but this is fucking ridiculous. What was the rumor about Romney? 15%? Screwed up.

For one someone making 200K doesn't pay 35% of their gross.

Tax rates are marginal. All income is separated into brackets. A person making 200K pays the same rate on his first 50K as the person earning 50K

Maybe you should learn at least a little bit about the tax laws.

10% Bracket $0 – $17,400 $0 – $8,700
15% Bracket $17,400 – $70,700 $8,700 – $35,350
25% Bracket $70,700 – $142,700 $35,350 – $85,650
28% Bracket $142,700 – $217,450 $85,650 – $178,650
33% Bracket $217,450 – $388,350 $178,650 – $388,350
35% Bracket Over $388,350

So everyone pays 10% on the first 8700 or 17400 if married
Then on the amount from 8701 to 35350 if single or 17401 to 70700 the tax is 15%

and so on.

So you see the top marginal bracket that you are in does NOT apply to your gross. In fact no income tax applies to your gross earnings. Tax rates are applied to your adjusted gross income which is your gross income minus all credits and deductions.

Now that you know how income taxes work here's another little tid bit for you.

97% of Americans who paid income taxes in 2009 paid less than 15% .

Media Myth Debunked: 97 Percent of Americans Pay Less Tax Than Romney's 15 Percent | NewsBusters.org

I would like to know who these lucky people are, because I pay around 28-30% of my gross every year. And I make nowhere NEAR 200k. They must have a lot of write-offs, or they make shit for wages. My fiance pays between 32-35% of his gross.

Then either you or your accountant doesn't know what you/he is doing.

 

[Soggy in NOLA]

So the President hasnt borrowed more money in three years than all the time from George Washington to Bill Clinton?

And by the way, Reagan borrowed more money than all presidents before him. So even by this measurement Obama is doing no worse than the greatest Reagan of all times

The further dumbing down of Obama... in 2008 he was the smartest guy EVER. Now, "well, he's no worse than Reagan".

Priceless... thanks for admitting what we knew all along... he's incredibly average, at best.

 

[Soggy in NOLA]

For one someone making 200K doesn't pay 35% of their gross.

Tax rates are marginal. All income is separated into brackets. A person making 200K pays the same rate on his first 50K as the person earning 50K

Maybe you should learn at least a little bit about the tax laws.

10% Bracket $0 – $17,400 $0 – $8,700
15% Bracket $17,400 – $70,700 $8,700 – $35,350
25% Bracket $70,700 – $142,700 $35,350 – $85,650
28% Bracket $142,700 – $217,450 $85,650 – $178,650
33% Bracket $217,450 – $388,350 $178,650 – $388,350
35% Bracket Over $388,350

So everyone pays 10% on the first 8700 or 17400 if married
Then on the amount from 8701 to 35350 if single or 17401 to 70700 the tax is 15%

and so on.

So you see the top marginal bracket that you are in does NOT apply to your gross. In fact no income tax applies to your gross earnings. Tax rates are applied to your adjusted gross income which is your gross income minus all credits and deductions.

Now that you know how income taxes work here's another little tid bit for you.

97% of Americans who paid income taxes in 2009 paid less than 15% .

Media Myth Debunked: 97 Percent of Americans Pay Less Tax Than Romney's 15 Percent | NewsBusters.org

I would like to know who these lucky people are, because I pay around 28-30% of my gross every year. And I make nowhere NEAR 200k. They must have a lot of write-offs, or they make shit for wages. My fiance pays between 32-35% of his gross.

Then either you or your accountant doesn't know what you/he is doing.

It's simpler than that.... he's full-of-shit.

 

[mskafka]

For one someone making 200K doesn't pay 35% of their gross.

Tax rates are marginal. All income is separated into brackets. A person making 200K pays the same rate on his first 50K as the person earning 50K

Maybe you should learn at least a little bit about the tax laws.

10% Bracket $0 – $17,400 $0 – $8,700
15% Bracket $17,400 – $70,700 $8,700 – $35,350
25% Bracket $70,700 – $142,700 $35,350 – $85,650
28% Bracket $142,700 – $217,450 $85,650 – $178,650
33% Bracket $217,450 – $388,350 $178,650 – $388,350
35% Bracket Over $388,350

So everyone pays 10% on the first 8700 or 17400 if married
Then on the amount from 8701 to 35350 if single or 17401 to 70700 the tax is 15%

and so on.

So you see the top marginal bracket that you are in does NOT apply to your gross. In fact no income tax applies to your gross earnings. Tax rates are applied to your adjusted gross income which is your gross income minus all credits and deductions.

Now that you know how income taxes work here's another little tid bit for you.

97% of Americans who paid income taxes in 2009 paid less than 15% .

Media Myth Debunked: 97 Percent of Americans Pay Less Tax Than Romney's 15 Percent | NewsBusters.org

I would like to know who these lucky people are, because I pay around 28-30% of my gross every year. And I make nowhere NEAR 200k. They must have a lot of write-offs, or they make shit for wages. My fiance pays between 32-35% of his gross.

Then either you or your accountant doesn't know what you/he is doing.

I'd love to hear your secrets. No, I don't do my own taxes....H&R Block, baby. We're both single, with no dependents. Nothing to really write off. I WILL have a ton of medical bills to write off this April, and for 2012.

Now, to be accurate, this is ALL the taxes that I am paying on a paycheck. But yeah...it's painful. I have to be careful how much overtime I work, because I almost threw myself into a higher tax bracket one year.

 

[kaz]

It is true, that the budget deficit exploded ten-fold around the time when Obama moved to the White House. But the reason for that were falling tax revenues as the economy tanked in the end of 2008 -- not an increase in the spending

Any person who lost their job or took a pay cut would have cut spending, not increased spending as if they'd received their normal "raise." Spending as a percent of GDP ballooned, that is unacceptable.

I do like how when Bush was actually President liberals were on the floor in a lather that he was spending our children's futures. Now you're saying "It's OK, Obama is spending like Bush."