Republicans so worried about the debt, yet they cause most of it.

[Fang]

10 trillion added under Obama.

 

[bripat9643]

and yet want to give the rich tax cuts, (how ignorant is that) They must have brain damage.

and what will happen to global terrorism they ask , since they do not want to do anything about gun laws in the US, who by the way most mass shooters are white males and US citizens and even some vets, who in the hell cares.

Democrat social programs account for 80% of federal spending. So how are Republicans responsible for most of the debt?

 

[Votto]

So predictable.

They have no clue.

They just know what tax breaks for the rich are racist and THE RICH MUST PAY THEIR FAIR SHARE!!

What I don't get is, why does It matter how much the rich pay? It's not like how much they pay will effect how much the government will redistribute.

They routinely create trillion dollar deficits every year cuz it's all Fed monopoly money that gets printed in the basement.

 

[TroglocratsRdumb]

and yet want to give the rich tax cuts, (how ignorant is that) They must have brain damage.

and what will happen to global terrorism they ask , since they do not want to do anything about gun laws in the US, who by the way most mass shooters are white males and US citizens and even some vets, who in the hell cares.

Usually left wing losers are very envious of successful people and they would rather steal from them instead of getting a job and supporting themselves

 

[ColonelAngus]

So predictable.

They have no clue.

They just know what tax breaks for the rich are racist and THE RICH MUST PAY THEIR FAIR SHARE!!

What I don't get is, why does It matter how much the rich pay? It's not like how much they pay will effect how much the government will redistribute.

They routinely create trillion dollar deficits every year cuz it's all Fed monopoly money that gets printed in the basement.

it's bullshit class warfare waged by the Democrats to create division in the electorate. There are fewer "RICH PEOPLE", so they vilify the few and tell the many to vote DEMOCRAT.

It's very transparent political opportunism, and the useful idiots lap that shit up like a thirsty dog.

RICH = BAD!

Hillary NEVER said what the fuck she means by "THE RICH SHOULD PAY THEIR FAIR SHARE"......because she is saying, "YOU GUYS ARE VICTIMS! VOTE FOR ME AND I WILL PUNISH THE RICH PEOPLE YOU ARE JEALOUS OF."

Hillary can pay her "FAIR SHARE" anytime she wants...she just need to send in more money to the government.

THERE IS NO MAXIMUM TAX....THERE IS ONLY A MINIMUM TAX....Rich Dems should pay WHAT THEY CLAIM IS THIER FAIR SHARE.

 

[ColonelAngus]

It's so funny to me that PROGS never want to talk about specifics.

It seems they don't even believe their own bullshit, because they can't defend it.

Progs, who are the "RICH" and what is their "FAIR SHARE" of taxes?

Get specific with numbers.

Should anyone earning over $50,000 pay 90% in taxes? What do you guys want?

 

[BlindBoo]

Most of that was debt from prior administrations. Obama's policies and initiative added about a quarter of that.

OH GOODY - THAT OL' LIE...AGAIN!


"Obama 'inherited' all that debt and those economic / financial problems!"


Yes, Barak Obama DID 'inherit' a lot of that debt and those economic / financial problems ... FROM HIS FELLOW DEMOCRATS!


As we have gone through before - and as the snowflakes keep denying over and over:

Barry attacked Bush over the debt, calling him 'Un-Patriotic' for adding $4 Trillion in new debt in only 8 years. But let's break that down:

• During Bush's 1st 6 years as President- which included 9/11/01, the economic aftermath (closing of Wall Street, etc) after 9/11/01, and 2 on-going wars AND WITH A GOP-CONTROLLED CONGRESS - ONLY $2.5 Trillion in new debt was added IN 6 YEARS.

• Democrats took over a nearly-Super Majority Control of congress at the beginning of bush's last 2 years in office ... which means DURING BUSH'S LAST 2 YEARS IN OFFICE DEMOCRATS CONTROLLED THE ECONOMY & THE 'PURSE STRINGS' - SPENDING! Democrats held that Near Super Majority Control of Congress - control of the Economy and Spending until the end of Obama's 2nd year in office .... which means IF BARRY INHERITED ANYTHING, IT WAS FROM HIS FELLOW DEMOCRATS!

'Interestingly' enough, in Bush's last 2 years during which time DEMOCRATS controlled the Budget / the Economy / Spending, DEMOCRATS added $1.5 TRILLION in only 2 years, only $1 Trillion less than the Bush GOP-controlled Congress had in 6 years!


So, again, what snowflakes claim Obama 'inherited', he 'inherited' from his fellow DEMOCRATS who had a near super majority control of Congress the previous 2 years.

Almost immediately Barry acted to 'create Jobs' & 'help the economy'. His big idea was the FAILED nearly $1 TRILLION 'Stimulus Bill...that contained over 7,000 pieces of DNC-ONLY self/party-serving PORK, all at tax payer expense.

In the end as the US IG reported, the Stimulus failed to keep unemployment under 9% as promised, and the cost to tax payers for each job created was approx. $742,000! (Of course, Obama claimed to have created / saved more jobs than he actually did, according to the CBO.)

Obama took advantage of the Democrats having a near super majority of Congress for the next 2 years, and at the end of his 1st term - after 4 years - HE and his fellow Democrats had racked up almost $7 Trillion in new debt.

Of course, ever since then, like you, snowflakes have been trying to re-write history.

Method 3. How Obama's Policies Increased the Debt
Is it fair to blame any president for events over which he had no control? During Obama's terms, there was less federal income than usual. That is because the recession and the Bush tax cuts reduced tax receipts. At the same time, the cost of Social Security, Medicare, and other mandatory programs continued to increase.

The fairest method is to measure the debt incurred by Obama's specific policies. The Congressional Budget Office does this for every program. The CBO found that the largest contributor to the debt was the Obama tax cuts, which were an extension of the Bush tax cuts. They added $858 billion to the debt in 2011 and 2012.

The next largest was the American Recovery and Reinvestment Act. It added $787 billion between 2009 and 2012. It cut taxes, extended unemployment benefits, and funded job-creating public works projects. Like the Obama tax cuts, the ARRA was an attempt to stimulate the economy after the 2008 financial crisis

Obama increased military spending to an average of $800 billion a year. In fact, his security budget request of $895 billion in FY 2011 set a new record.

In FY 2013, he requested $851 billion. That happened even though he withdrew troops from Iraq in 2012 and eliminated the threat from Osama bin Laden in 2011. Obama spent $857 billion in contingency funds during his administration. That was more than the $850 billion Bush devoted to the War on Terror.

What about the Patient Protection and Affordable Care Act? It didn't add anything to the debt in Obama's first term. That's because most of its costs began in 2014. That's when it set up health insurance exchanges and extended coverage to more low-income people. In fact, tax increases offset costs to the tune of $104 billion between 2010 and 2019. For more, see Obamacare Costs.

Congress and Obama also negotiated the sequestration budget cuts. They cut the deficit by a small percent. When all these are added up, Obama's debt contribution was $983 billion between 2009 and 2017. (Source: Ezra Klein, "Doing the Math on Obama's Deficits," The Wall Street Journal, January 31, 2014.) Find out whether Trump or Obama Is Better for the Economy.

How Much Did Obama Add to the Nation's Debt?

 

[ColonelAngus]

Most of that was debt from prior administrations. Obama's policies and initiative added about a quarter of that.

OH GOODY - THAT OL' LIE...AGAIN!


"Obama 'inherited' all that debt and those economic / financial problems!"


Yes, Barak Obama DID 'inherit' a lot of that debt and those economic / financial problems ... FROM HIS FELLOW DEMOCRATS!


As we have gone through before - and as the snowflakes keep denying over and over:

Barry attacked Bush over the debt, calling him 'Un-Patriotic' for adding $4 Trillion in new debt in only 8 years. But let's break that down:

• During Bush's 1st 6 years as President- which included 9/11/01, the economic aftermath (closing of Wall Street, etc) after 9/11/01, and 2 on-going wars AND WITH A GOP-CONTROLLED CONGRESS - ONLY $2.5 Trillion in new debt was added IN 6 YEARS.

• Democrats took over a nearly-Super Majority Control of congress at the beginning of bush's last 2 years in office ... which means DURING BUSH'S LAST 2 YEARS IN OFFICE DEMOCRATS CONTROLLED THE ECONOMY & THE 'PURSE STRINGS' - SPENDING! Democrats held that Near Super Majority Control of Congress - control of the Economy and Spending until the end of Obama's 2nd year in office .... which means IF BARRY INHERITED ANYTHING, IT WAS FROM HIS FELLOW DEMOCRATS!

'Interestingly' enough, in Bush's last 2 years during which time DEMOCRATS controlled the Budget / the Economy / Spending, DEMOCRATS added $1.5 TRILLION in only 2 years, only $1 Trillion less than the Bush GOP-controlled Congress had in 6 years!


So, again, what snowflakes claim Obama 'inherited', he 'inherited' from his fellow DEMOCRATS who had a near super majority control of Congress the previous 2 years.

Almost immediately Barry acted to 'create Jobs' & 'help the economy'. His big idea was the FAILED nearly $1 TRILLION 'Stimulus Bill...that contained over 7,000 pieces of DNC-ONLY self/party-serving PORK, all at tax payer expense.

In the end as the US IG reported, the Stimulus failed to keep unemployment under 9% as promised, and the cost to tax payers for each job created was approx. $742,000! (Of course, Obama claimed to have created / saved more jobs than he actually did, according to the CBO.)

Obama took advantage of the Democrats having a near super majority of Congress for the next 2 years, and at the end of his 1st term - after 4 years - HE and his fellow Democrats had racked up almost $7 Trillion in new debt.

Of course, ever since then, like you, snowflakes have been trying to re-write history.

Method 3. How Obama's Policies Increased the Debt
Is it fair to blame any president for events over which he had no control? During Obama's terms, there was less federal income than usual. That is because the recession and the Bush tax cuts reduced tax receipts. At the same time, the cost of Social Security, Medicare, and other mandatory programs continued to increase.

The fairest method is to measure the debt incurred by Obama's specific policies. The Congressional Budget Office does this for every program. The CBO found that the largest contributor to the debt was the Obama tax cuts, which were an extension of the Bush tax cuts. They added $858 billion to the debt in 2011 and 2012.

The next largest was the American Recovery and Reinvestment Act. It added $787 billion between 2009 and 2012. It cut taxes, extended unemployment benefits, and funded job-creating public works projects. Like the Obama tax cuts, the ARRA was an attempt to stimulate the economy after the 2008 financial crisis

Obama increased military spending to an average of $800 billion a year. In fact, his security budget request of $895 billion in FY 2011 set a new record.

In FY 2013, he requested $851 billion. That happened even though he withdrew troops from Iraq in 2012 and eliminated the threat from Osama bin Laden in 2011. Obama spent $857 billion in contingency funds during his administration. That was more than the $850 billion Bush devoted to the War on Terror.

What about the Patient Protection and Affordable Care Act? It didn't add anything to the debt in Obama's first term. That's because most of its costs began in 2014. That's when it set up health insurance exchanges and extended coverage to more low-income people. In fact, tax increases offset costs to the tune of $104 billion between 2010 and 2019. For more, see Obamacare Costs.

Congress and Obama also negotiated the sequestration budget cuts. They cut the deficit by a small percent. When all these are added up, Obama's debt contribution was $983 billion between 2009 and 2017. (Source: Ezra Klein, "Doing the Math on Obama's Deficits," The Wall Street Journal, January 31, 2014.) Find out whether Trump or Obama Is Better for the Economy.

How Much Did Obama Add to the Nation's Debt?

What adds to the debt is the OUT OF CONTROL SPENDING OF MONEY THE GOVERNMENT DOES NOT HAVE.

 

[TheDude]

and yet want to give the rich tax cuts, (how ignorant is that) They must have brain damage.

and what will happen to global terrorism they ask , since they do not want to do anything about gun laws in the US, who by the way most mass shooters are white males and US citizens and even some vets, who in the hell cares.

You started a thread making accusations & assumptions only based on nothing, which means Republicans have brain damage.

 

[AntonToo]

and yet want to give the rich tax cuts, (how ignorant is that) They must have brain damage.

and what will happen to global terrorism they ask , since they do not want to do anything about gun laws in the US, who by the way most mass shooters are white males and US citizens and even some vets, who in the hell cares.

The War on Poverty has cost $22 trillion -- three times more than what the government has spent on all wars in American history. Federal and state governments spend $1 trillion in taxpayer dollars on America's 80 means-tested welfare programs annually.

The War on Poverty Has Cost $22 Trillion - NCPA
www.ncpa.org/sub/dpd/index.php?Article_ID=25288

U.S. National Debt Clock : Real Time

$20,204,000,000,000

Want to try again?

BULLSHIT.

Biggest components of of those programs SS and Medicare are PAID FOR with payroll taxes and in fact have been running surplus for years (REDUCING deficits)

The final component is Medicaid - a program that pays for medical care of low income people that couldn't possibly afford it otherwise. Even conservatives nowadays believe that the program is necessary.

 

[The Derp]

Want to try again?

Sure...the War on Poverty was working just fine. Until Conservatives took over in 1980 and had to put a stop to that because it was undermining their argument that government is the problem. So Conservatives got elected and proved government is the problem by virtue of their shit policies. I see the pverty rate dropping like a rock during and after the Great Society Legislation. Then it shoots upward beginning right when Reagan was sworn in and doesn't return to the pre-Reagan rate until the end of Clinton's term before shooting back up again, thanks to Bush the Dumber and the Conservative know-nothings.

 

[The Derp]

neither party gives 2 shits about the debt. Republicans act like it, but its not sincere. At least the dems are open about it.

Why does the debt bother you so much? You realize we've carried a debt load since the 1840's, right? The debt will never, ever be fully paid off and pretending that it will by way of tax cuts (!) is irresponsible.

 

[TNHarley]

neither party gives 2 shits about the debt. Republicans act like it, but its not sincere. At least the dems are open about it.

Why does the debt bother you so much? You realize we've carried a debt load since the 1840's, right? The debt will never, ever be fully paid off and pretending that it will by way of tax cuts (!) is irresponsible.

See? lol they are very open.
Who cares if it gets to the point where we default and throw our economy into chaos like other countries. Like PR. Right derpy?

 

[The Derp]

Yeah...except for that nearly $7 trillion Barry added in new debt on only 4 years, not to mention his 1st US Credit rating Downgrade is US history.......I love 'liberal revisionist history'

Why does the debt concern you so much? We've had a debt load since the 1840's, yet you're only screeching about debt as of 1/20/09. So how come you suddenly found Jesus on the debt after Bush doubled it? Where was all your debt outrage then? Nowhere. Because it's bullshit.

 

[The Derp]

Who cares if it gets to the point where we default and throw our economy into chaos like other countries. Like PR. Right derpy?

Explain how that would happen with the US' economy. Tell me exactly how the US would default on its debt. The only way that would happen is if Conservatives refused to raise the debt ceiling. That's the only way we default, from actions you shitbrains take.

 

[BluesLegend]

Is there any liberal talking point more worn out than, "tax cuts for the rich"??

 

[AntonToo]

10 trillion added under Obama.

Because it was Obama that caused Bush to submit 1.3T Deficit budget for 2009.

Time to wake up and smell reality:

 

[The Derp]

Who cares if it gets to the point where we default and throw our economy into chaos like other countries. Like PR. Right derpy?

So you think that the US will default on its debt, and that's why you get all worked up? The only way the US defaults on its debt is if the debt ceiling isn't raised. There is no other way we can default. Now, who are those who don't want to raise the debt ceiling? Conservatives. And why? Because they don't want more debt and to avoid a default, yet Conservatives are the ones who threaten to not raise the debt celing all the time. So if we did default, it would only be because Conservatives caused it to happen.

 

[Borillar]

and yet want to give the rich tax cuts, (how ignorant is that) They must have brain damage.

and what will happen to global terrorism they ask , since they do not want to do anything about gun laws in the US, who by the way most mass shooters are white males and US citizens and even some vets, who in the hell cares.

Wrong. O racked up 8 trillion. More than all previous presidents combined.

Yeah, to pay for Bush's 2 wars off the books, Bush's unfunded Medicare part D, Bush's bankster bailout, and Bush's tax cut which blew the Clinton surplus.

 

[The Derp]

Is there any liberal talking point more worn out than, "tax cuts for the rich"??

Well, since that's been central to your platform since 1980, no...it's not worn out. What's worn out are the claims that cutting taxes create growth, create jobs, and reduce deficits. None of those three things have ever happened from a trickle-down tax cut.