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Care to name the policies the black guy passed that created that debt Bubs? Oops
FEBRUARY 28, 2013
Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits
Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits
Care to name the policies the black guy passed that created that debt Bubs?
Transfer payments are $1 trillion a year higher than before the crisis.
Are you saying that poor black fella was powerless to make any changes during his 8 years?
He has zero responsibility for the $9.3 trillion addition to the debt?
Got it, you can't name the policy/laws by the black guy that caused the debt. Let me help
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT. Dubya's UNFUNDED wars came in second.
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
why avoid the question???Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
Yes starve the beast since the beast according to our genius and saintly Founders was the thing that needed to be starved most!! Why do you oppose the basic principle of America?
But also they have shut down the govt, opposed debt ceiling increases, and signed the Pledge as our Founders would have wanted
but mostly they have introduced 30 Balanced Budget Amendments since Jefferson's first to make debt illegal. Libcommie Democrats have killed every one of them. Do you know why? Do you know why our liberals spied for Hitler and Stalin and elected Obama/Sanders?
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
Why do you oppose the basic principle of America?
Do you know why our liberals spied for Hitler and Stalin and elected Obama/Sanders?
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
Yes starve the beast since the beast according to our genius and saintly Founders was the thing that needed to be starved most!! Why do you oppose the basic principle of America?
But also they have shut down the govt, opposed debt ceiling increases, and signed the Pledge as our Founders would have wanted
but mostly they have introduced 30 Balanced Budget Amendments since Jefferson's first to make debt illegal. Libcommie Democrats have killed every one of them. Do you know why? Do you know why our liberals spied for Hitler and Stalin and elected Obama/Sanders?
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
LABOR is getting paid, regardless of how you are paid, consumable or not!
Jackson? Oh right the possibly worst Prez EVER. Follow what happened after the debt was cleared up
No, we are not "paid", we are given a medium of exchange that has no intrinsic value that cannot be exchanged for REAL money which is silver/and or gold. That was done away with when USA.INC declared Bankruptcy in March of 1933 and under penalty of a huge fine and a five year prison sentence, the people had to turn in their REAL money (gold) in exchange for a Federal Reserve Note and people lost allodial rights to property. Are you familiar with HJR 192 per chance?
a labor cost is a labor cost; show me where the IRS doesn't give a tax preference for labor costs.what part of "labor cost" do you not understand? There is no reason for that tax preference, at US labor's expense.Pretty simple Bubs, it's a COST which they get to deduct, sorry to disappoint you Bubs
You think a US company can hire a guy in India and deduct his salary off US taxes?
Don't know much about the tax code either huh?
Which part of, "not a deductible expense in the US" do you not understand?
Find the tax form that lets a corporation deduct the foreign salary paid to a foreign worker in a foreign country.
Yes starve the beast since the beast according to our genius and saintly Founders was the thing that needed to be starved most!! Why do you oppose the basic principle of America?
But also they have shut down the govt, opposed debt ceiling increases, and signed the Pledge as our Founders would have wanted
but mostly they have introduced 30 Balanced Budget Amendments since Jefferson's first to make debt illegal. Libcommie Democrats have killed every one of them. Do you know why? Do you know why our liberals spied for Hitler and Stalin and elected Obama/Sanders?
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
Ah another right winger not understanding the difference with a yearly budget and the debt. I'm shocked, shocked I tell you.
Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.
The Budget and Deficit Under Clinton - FactCheck.org
About 90% of current debt can be traced back to POLICIES by Ronnie Reagan AND Dubya
"Starving the beast" is a political strategy employed by American conservatives to limit government spending by cutting taxes, in order to deprive the federal government of revenue in a deliberate effort to force it to reduce
spending.
Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."
Starve the beast - Wikipedia
No, what remains at the end of the day is the 5.6 Trillion dollars owed to the foreign owned central bank known as the "Federal Reserve" after Bill "drop trou" left office and that debt has doubled with each presidency. You have a lot to learn. Have you ever heard of the "Grace Commission"? How the "income tax" does not fund "da gubermint" but pays the interest to the mostly foreign owned private bank known as the "Federal Reserve" that is neither "federal" and has no reserves"????
LMAOROG, You anti federal Banksters are a funny group...
Foreign owned? lol
Myth 1: The Fed is run by foreigners
Myth 2: The Fed isn’t part of the US government
Myth 3: The Fed prints money
Myth 4: The Federal Reserve is not audited
5 Myths Debunked About The Federal Reserve
Care to name the policies the black guy passed that created that debt Bubs?
Transfer payments are $1 trillion a year higher than before the crisis.
Are you saying that poor black fella was powerless to make any changes during his 8 years?
He has zero responsibility for the $9.3 trillion addition to the debt?
Got it, you can't name the policy/laws by the black guy that caused the debt. Let me help
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT. Dubya's UNFUNDED wars came in second.
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Here is the result of his policies. First president in history to go his entire term without having a single year of growth above 3%. This was caused by his policies restricting the growth of companies, halting new businesses and limiting the number of employees. The failed Obamacare scam has also added greatly to our debt.
RIGHT WING BS, I'd expect from the low informed types
DECEMBER 2007
THE ECONOMIC CONSEQUENCES OF MR. BUSH
The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.
The Economic Consequences of Mr. Bush
OCTOBER 17, 2008
The Economic Blue Screen of DeathTheir work suggests that this growth was entirely due to MEWs. In fact, MEWs contributed over 3% to GDP growth in 2004 and 2005, and 2% in 2006. Without US homeowners using their homes as an ATM, the economy would have been very sluggish indeed, averaging much less than 1% for the six years of the Bush presidency.
Let's look at a graph I used two years ago, from work done by James Kennedy and Alan Greenspan, on the effect of mortgage equity withdrawals (MEWs) on the growth of the US economy.
Notice that in both 2001 and 2002, the US economy continued to grow on an annual basis (the "technical" recession was just a few quarters).
Their work suggests that this growth was entirely due to MEWs. In fact, MEWs contributed over 3% to GDP growth in 2004 and 2005, and 2% in 2006. Without US homeowners using their homes as an ATM, the economy would have been very sluggish indeed, averaging much less than 1% for the six years of the Bush presidency.
Indeed, as a side observation, without home equity withdrawals the economy would have been so bad it would have been almost impossible for Bush to have won a second term.
The Economic Blue Screen of Death
What did Obama do to cause all those things?
Be specific.
You first Bubba, YOU asked about the debt under Obama, I asked for HIS policies that created it???? I'll wait
He was President for 8 years. He didn't put any policies in place?
I guess he wasn't so smart.
Got it, you can't come up with ANY policies he had that added $9+ trillion to our debt
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT.
That's awful! And then Obama continued Bush's cuts.
And blew $800 billion on a "stimulus" package.
Dubya's UNFUNDED wars came in second.
Didn't the black fella end those wars and save us trillions?
If by extended you meant blackmailed by the GOP Dec 2010? YEP
Stimulus? Right WAY to small to fill the whole 8 years of Dubya/GOP policy put US in. But it still stopped US from going into GOP great depression 2.0
What Debate? Economists Agree the Stimulus Lifted the Economy
https://www.nytimes.com/2014/07/30/...ree-the-stimulus-lifted-the-economy.html?_r=0
“The stimulus worked” is the overwhelming conclusion of a panel of elite economists surveyed as part of the University of Chicago’s IGM Economic Experts Panel. The survey asked whether the unemployment rate at the end of 2010 was lower than it would have been because of the U.S. government’s 2009 fiscal stimulus act. Out of the 37 panelists who responded, 36 agreed, an even better response than an identical 2012 survey.
Economists Agree: The Stimulus Worked | Moody's Analytics Economy.com
Sorry the black guy can't put wars back in the box after Dubya opened up those TRILLIONS of dollars wars!
If by extended you meant blackmailed by the GOP Dec 2010? YEP
Smartest president in the history of forever continued the Bush tax cuts. LOL!
“The stimulus worked” is the overwhelming conclusion of a panel of elite economists
Awesome! What did we get for that $800 billion?
Among those who responded, 36 agreed that the stimulus bill had lowered the unemployment rate,
By how much?
Sorry the black guy can't put wars back in the box
But he was gonna make the world love and respect us again. What went wrong?
"Awesome! What did we get for that $800 billion?"
Kept US out of GOP great depression 2.0
Keep scratching at my kneecaps Bubs
Kept US out of GOP great depression 2.0
By wasting $800 billion?
Or was there something else you had in mind?
Sorry, I only think the 40% of the $787 billion stimulus which were tax cuts, trying to get a few GOPers on board, was a waste Bubs
Care to name the policies the black guy passed that created that debt Bubs?
Transfer payments are $1 trillion a year higher than before the crisis.
Are you saying that poor black fella was powerless to make any changes during his 8 years?
He has zero responsibility for the $9.3 trillion addition to the debt?
Got it, you can't name the policy/laws by the black guy that caused the debt. Let me help
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT. Dubya's UNFUNDED wars came in second.
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Yes starve the beast since the beast according to our genius and saintly Founders was the thing that needed to be starved most!! Why do you oppose the basic principle of America?
But also they have shut down the govt, opposed debt ceiling increases, and signed the Pledge as our Founders would have wanted
but mostly they have introduced 30 Balanced Budget Amendments since Jefferson's first to make debt illegal. Libcommie Democrats have killed every one of them. Do you know why? Do you know why our liberals spied for Hitler and Stalin and elected Obama/Sanders?
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
LABOR is getting paid, regardless of how you are paid, consumable or not!
Jackson? Oh right the possibly worst Prez EVER. Follow what happened after the debt was cleared up
No, we are not "paid", we are given a medium of exchange that has no intrinsic value that cannot be exchanged for REAL money which is silver/and or gold. That was done away with when USA.INC declared Bankruptcy in March of 1933 and under penalty of a huge fine and a five year prison sentence, the people had to turn in their REAL money (gold) in exchange for a Federal Reserve Note and people lost allodial rights to property. Are you familiar with HJR 192 per chance?
Tell that to the rest of the world who flock to the safety and security of US treasuries Bubs
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
Ah another right winger not understanding the difference with a yearly budget and the debt. I'm shocked, shocked I tell you.
Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.
The Budget and Deficit Under Clinton - FactCheck.org
About 90% of current debt can be traced back to POLICIES by Ronnie Reagan AND Dubya
"Starving the beast" is a political strategy employed by American conservatives to limit government spending by cutting taxes, in order to deprive the federal government of revenue in a deliberate effort to force it to reduce
spending.
Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."
Starve the beast - Wikipedia
No, what remains at the end of the day is the 5.6 Trillion dollars owed to the foreign owned central bank known as the "Federal Reserve" after Bill "drop trou" left office and that debt has doubled with each presidency. You have a lot to learn. Have you ever heard of the "Grace Commission"? How the "income tax" does not fund "da gubermint" but pays the interest to the mostly foreign owned private bank known as the "Federal Reserve" that is neither "federal" and has no reserves"????
LMAOROG, You anti federal Banksters are a funny group...
Foreign owned? lol
Myth 1: The Fed is run by foreigners
Myth 2: The Fed isn’t part of the US government
Myth 3: The Fed prints money
Myth 4: The Federal Reserve is not audited
5 Myths Debunked About The Federal Reserve
The Fed is a private entity and has never had a "top to bottom audit" in the entire 104 years of it's existence. Look up the "Federal Reserve Bank" in the "government" pages and you will not find it because it is a private entity. There are 13 shareholders of the Fed bank and we know that the Rothschilds, Warburgs, Kuhn Loeb, Goldman Sachs, Israel Moses, The Schiff family, Lehman Brothers, the Morgan family and the Rockefellers are big time shareholders.The Larards as well....it is a PRIVATE entity.
The Fed only keeps 6 percent of what the IRS (which is a Puerto Rican Trust #62) that is incorporated in Puerto Rico, a territory of USA.INC collects after (snicker) "Operating costs"??. What costs are those??? Because after all, the Fed has never been fully audited and they fight like hell to keep that from happening. A limited audit of the Fed showed that during the 2008 economic collapse that they sent a few trillion dollars created by data entry to their overseas banking affiliates.
The Fed doesn't "print" money...it simply buys fancy looking I.O.Us called "government bonds" or Treasury Notes from a checkbook with nothing in it. They create "money" from a few strokes on a computer keyboard backed by nothing but the sweat equity of the 14th amendment citizens/serfs when this corporate entity was declared "bankrupt" in 1933. Our "sweat equity" was pledged as surety against the debt thus the birth certificate that is printed on bond paper.
You have soooooo much to learn....you think that little bullshit website touting the legitimacy of a parasitic entity that is the Federal Reserve was going to sway me???? LMAO!!!!! I can knock each and every alleged "myth" like swatting away a fly...got something better?????
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
LABOR is getting paid, regardless of how you are paid, consumable or not!
Jackson? Oh right the possibly worst Prez EVER. Follow what happened after the debt was cleared up
No, we are not "paid", we are given a medium of exchange that has no intrinsic value that cannot be exchanged for REAL money which is silver/and or gold. That was done away with when USA.INC declared Bankruptcy in March of 1933 and under penalty of a huge fine and a five year prison sentence, the people had to turn in their REAL money (gold) in exchange for a Federal Reserve Note and people lost allodial rights to property. Are you familiar with HJR 192 per chance?
Tell that to the rest of the world who flock to the safety and security of US treasuries Bubs
What are those "treasuries" backed by? What commodity or something of an intrinsic value props it up other than the fact that a country must attain Federal Reserve Notes in order to buy oil from OPEC, a deal made by Nixon that we refer to as the "petro-dollar" after Nixon nixed the Bretton Woods agreement? You do know about the petro-dollar, the Bretton Woods agreement after WWII, correct? It seems to me that this bogus system (based on the military might of USA.INC) couldn't continue to exist unless there was a collaboration and deals made to protect countries that produce oil and any country that doesn't like to exchange their oil for worthless debt notes can count on USA.INC's military might to come over and open a can of (snicker) "democracy" on their asses and install a petro-dollar friendly puppet.....no?
Trump, as I expected, is talking giving companies tax breaks to create jobs here. Well if you give them tax breaks, then guess who pays the taxes. The Poor! Slavery in action. The more that things change, the more they stay the same.
Here is the way things work in the U.S. Capitalism-Corporations = Society = Government = AMERICA! We are "supposed" to live in a democracy. But the business world rules your lives. How many people in business did you vote for. Do you vote for business or government. People in business who aren't elected shouldn't be directing how people live. That is the government's job.
I say to hell with bribing companies with tax breaks or outright corporate welfare to create jobs. If the private sector can't create jobs, I say that the government should just cut away that that dead weight and start doing the job themselves. Also, want to see something interesting? Go to the internet and look up any year in the last 50 years and see the number of companies in whatever year paid no taxes at all.
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
Ah another right winger not understanding the difference with a yearly budget and the debt. I'm shocked, shocked I tell you.
Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.
The Budget and Deficit Under Clinton - FactCheck.org
About 90% of current debt can be traced back to POLICIES by Ronnie Reagan AND Dubya
"Starving the beast" is a political strategy employed by American conservatives to limit government spending by cutting taxes, in order to deprive the federal government of revenue in a deliberate effort to force it to reduce
spending.
Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."
Starve the beast - Wikipedia
No, what remains at the end of the day is the 5.6 Trillion dollars owed to the foreign owned central bank known as the "Federal Reserve" after Bill "drop trou" left office and that debt has doubled with each presidency. You have a lot to learn. Have you ever heard of the "Grace Commission"? How the "income tax" does not fund "da gubermint" but pays the interest to the mostly foreign owned private bank known as the "Federal Reserve" that is neither "federal" and has no reserves"????
LMAOROG, You anti federal Banksters are a funny group...
Foreign owned? lol
Myth 1: The Fed is run by foreigners
Myth 2: The Fed isn’t part of the US government
Myth 3: The Fed prints money
Myth 4: The Federal Reserve is not audited
5 Myths Debunked About The Federal Reserve
The Fed is a private entity and has never had a "top to bottom audit" in the entire 104 years of it's existence. Look up the "Federal Reserve Bank" in the "government" pages and you will not find it because it is a private entity. There are 13 shareholders of the Fed bank and we know that the Rothschilds, Warburgs, Kuhn Loeb, Goldman Sachs, Israel Moses, The Schiff family, Lehman Brothers, the Morgan family and the Rockefellers are big time shareholders.The Larards as well....it is a PRIVATE entity.
The Fed only keeps 6 percent of what the IRS (which is a Puerto Rican Trust #62) that is incorporated in Puerto Rico, a territory of USA.INC collects after (snicker) "Operating costs"??. What costs are those??? Because after all, the Fed has never been fully audited and they fight like hell to keep that from happening. A limited audit of the Fed showed that during the 2008 economic collapse that they sent a few trillion dollars created by data entry to their overseas banking affiliates.
The Fed doesn't "print" money...it simply buys fancy looking I.O.Us called "government bonds" or Treasury Notes from a checkbook with nothing in it. They create "money" from a few strokes on a computer keyboard backed by nothing but the sweat equity of the 14th amendment citizens/serfs when this corporate entity was declared "bankrupt" in 1933. Our "sweat equity" was pledged as surety against the debt thus the birth certificate that is printed on bond paper.
You have soooooo much to learn....you think that little bullshit website touting the legitimacy of a parasitic entity that is the Federal Reserve was going to sway me???? LMAO!!!!! I can knock each and every alleged "myth" like swatting away a fly...got something better?????
Got it, you can't name the policy/laws by the black guy that caused the debt. Let me help
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT. Dubya's UNFUNDED wars came in second.
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Figures don't lie - but liars figure.
Clinton added $1.36 trillion to the national debt. Hardly sounds like a balanced budget - or a surplus.
"From 1940 to the end of year 2015 (the latest figures available as of the writing of this article), the average increase in the federal debt was 9.3% under a Democratic President and 7.9% under a Republican President when including World War II."
The federal debt under Clinton equalled 62% of the GDP, an unsurpassed amount until Obama's administration - when it started out at 64% and increased to 102% of GDP.
U.S. Federal Debt by President / Political Party
If you're going to try to manipulate the numbers in order to foment a lie, at least use defensible numbers.
Got it, you can't name the policy/laws by the black guy that caused the debt. Let me help
REAGAN/BUSH TAX CUTS WERE THE BIGGEST DRIVERS OF DEBT. Dubya's UNFUNDED wars came in second.
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Figures don't lie - but liars figure.
Clinton added $1.36 trillion to the national debt. Hardly sounds like a balanced budget - or a surplus.
"From 1940 to the end of year 2015 (the latest figures available as of the writing of this article), the average increase in the federal debt was 9.3% under a Democratic President and 7.9% under a Republican President when including World War II."
The federal debt under Clinton equalled 62% of the GDP, an unsurpassed amount until Obama's administration - when it started out at 64% and increased to 102% of GDP.
U.S. Federal Debt by President / Political Party
If you're going to try to manipulate the numbers in order to foment a lie, at least use defensible numbers.
More of your BS, Hint Geo Washington and the Whiskey Rebellion AGAIN Bubs
Balanced budget amendments? LMAOROG, After BJ Bill's first surplus the GOP passed a $792+ billion tax cut he had to veto to get 3 more surpluses, THEN the Dubya/GOP policy took over and we saw how fiscally conservative you Klowns were!
You're really one of the most ignorant on this board Bubs, and that's a low bar!
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
LABOR is getting paid, regardless of how you are paid, consumable or not!
Jackson? Oh right the possibly worst Prez EVER. Follow what happened after the debt was cleared up
No, we are not "paid", we are given a medium of exchange that has no intrinsic value that cannot be exchanged for REAL money which is silver/and or gold. That was done away with when USA.INC declared Bankruptcy in March of 1933 and under penalty of a huge fine and a five year prison sentence, the people had to turn in their REAL money (gold) in exchange for a Federal Reserve Note and people lost allodial rights to property. Are you familiar with HJR 192 per chance?
Tell that to the rest of the world who flock to the safety and security of US treasuries Bubs
What are those "treasuries" backed by? What commodity or something of an intrinsic value props it up other than the fact that a country must attain Federal Reserve Notes in order to buy oil from OPEC, a deal made by Nixon that we refer to as the "petro-dollar" after Nixon nixed the Bretton Woods agreement? You do know about the petro-dollar, the Bretton Woods agreement after WWII, correct? It seems to me that this bogus system (based on the military might of USA.INC) couldn't continue to exist unless there was a collaboration and deals made to protect countries that produce oil and any country that doesn't like to exchange their oil for worthless debt notes can count on USA.INC's military might to come over and open a can of (snicker) "democracy" on their asses and install a petro-dollar friendly puppet.....no?
Four surpluses and STILL added $1.4 trillion to the national debt??lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Figures don't lie - but liars figure.
Clinton added $1.36 trillion to the national debt. Hardly sounds like a balanced budget - or a surplus.
"From 1940 to the end of year 2015 (the latest figures available as of the writing of this article), the average increase in the federal debt was 9.3% under a Democratic President and 7.9% under a Republican President when including World War II."
The federal debt under Clinton equalled 62% of the GDP, an unsurpassed amount until Obama's administration - when it started out at 64% and increased to 102% of GDP.
U.S. Federal Debt by President / Political Party
If you're going to try to manipulate the numbers in order to foment a lie, at least use defensible numbers.
Got it you want to conflate debt with a yearly budget *Shaking head*
HINT, BJ BILL HAD 4 SURPLUSES, 3 AFTER VETOING THOSE FISCAL GOP'S $792 BILLION TAX CUT, THEN DUBYA WAS ELECTED, LOL
A tax on consumable items that you can choose to purchase or not isn't the same thing as a tax on one's labor...now is it? You can avoid the gas tax by not having a car, no? BTW, there never was a "surplus" under Bill "drop trou"...it's a total myth. The last time USA.INC ever had a "surplus" was under Andrew Jackson when he refused to renew the charter of the central bank. What was the public debt under Bill "drop trou"????? The total national debt on September 30th, 2000 was 5.6 trillion dollars....so what about that alleged "surplus"? Bushpuppet doubled it and then the Barrypuppet doubled it...see? That is what happens when you have a debt based fiat currency system with a central banking system...it's nothing but a machine of perpetual debt slavery.
Ah another right winger not understanding the difference with a yearly budget and the debt. I'm shocked, shocked I tell you.
Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.
The Budget and Deficit Under Clinton - FactCheck.org
About 90% of current debt can be traced back to POLICIES by Ronnie Reagan AND Dubya
"Starving the beast" is a political strategy employed by American conservatives to limit government spending by cutting taxes, in order to deprive the federal government of revenue in a deliberate effort to force it to reduce
spending.
Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."
Starve the beast - Wikipedia
No, what remains at the end of the day is the 5.6 Trillion dollars owed to the foreign owned central bank known as the "Federal Reserve" after Bill "drop trou" left office and that debt has doubled with each presidency. You have a lot to learn. Have you ever heard of the "Grace Commission"? How the "income tax" does not fund "da gubermint" but pays the interest to the mostly foreign owned private bank known as the "Federal Reserve" that is neither "federal" and has no reserves"????
LMAOROG, You anti federal Banksters are a funny group...
Foreign owned? lol
Myth 1: The Fed is run by foreigners
Myth 2: The Fed isn’t part of the US government
Myth 3: The Fed prints money
Myth 4: The Federal Reserve is not audited
5 Myths Debunked About The Federal Reserve
The Fed is a private entity and has never had a "top to bottom audit" in the entire 104 years of it's existence. Look up the "Federal Reserve Bank" in the "government" pages and you will not find it because it is a private entity. There are 13 shareholders of the Fed bank and we know that the Rothschilds, Warburgs, Kuhn Loeb, Goldman Sachs, Israel Moses, The Schiff family, Lehman Brothers, the Morgan family and the Rockefellers are big time shareholders.The Larards as well....it is a PRIVATE entity.
The Fed only keeps 6 percent of what the IRS (which is a Puerto Rican Trust #62) that is incorporated in Puerto Rico, a territory of USA.INC collects after (snicker) "Operating costs"??. What costs are those??? Because after all, the Fed has never been fully audited and they fight like hell to keep that from happening. A limited audit of the Fed showed that during the 2008 economic collapse that they sent a few trillion dollars created by data entry to their overseas banking affiliates.
The Fed doesn't "print" money...it simply buys fancy looking I.O.Us called "government bonds" or Treasury Notes from a checkbook with nothing in it. They create "money" from a few strokes on a computer keyboard backed by nothing but the sweat equity of the 14th amendment citizens/serfs when this corporate entity was declared "bankrupt" in 1933. Our "sweat equity" was pledged as surety against the debt thus the birth certificate that is printed on bond paper.
You have soooooo much to learn....you think that little bullshit website touting the legitimacy of a parasitic entity that is the Federal Reserve was going to sway me???? LMAO!!!!! I can knock each and every alleged "myth" like swatting away a fly...got something better?????
Gawd you anti feders are the worst. You knuckleheads don't accept there isn't a single developed nation without one.
PERHAPS TRY TO KNOCK DOWN THE FACTS PRESENTED INSTEAD OF CREATING MORE BS BUBS?
lets be serious! Republicans have always been for making deficits and debt illegal while Democrats have killed each and every effort because they don't want to risk always more welfare entitlement spending that they use to buy votes.
Let's get serious, for 36+ years the GOP has had a goal of "starve the beast" which ISN'T for making deficits or debt smaller!
THE ONLY 2 GUYS TO LEAVE THE NEXT GUYS A SMALLER DEFICIT THAN THE ONE THEY INHERITED WERE BJ BILL AND OBAMA
Deficit? Seriously?
Who the hell cares about the deficit? I know ---- we fucked up less than you fucked up.
In the meantime, the debt just keeps growing.
Hint THAT'S what a surplus is Bubs, grow a brain. A budget is yearly, you can have a balanced, deficit or surplus, BJ Bill had 4 surpluses, 3 after vetoing the GOP's $792+ billion tax cut, then Dubya came along and those "fiscal CONServatives" of the GOP showed US, again!
Figures don't lie - but liars figure.
Clinton added $1.36 trillion to the national debt. Hardly sounds like a balanced budget - or a surplus.
"From 1940 to the end of year 2015 (the latest figures available as of the writing of this article), the average increase in the federal debt was 9.3% under a Democratic President and 7.9% under a Republican President when including World War II."
The federal debt under Clinton equalled 62% of the GDP, an unsurpassed amount until Obama's administration - when it started out at 64% and increased to 102% of GDP.
U.S. Federal Debt by President / Political Party
If you're going to try to manipulate the numbers in order to foment a lie, at least use defensible numbers.
