Stu Varney of Fox News Upset About Interest On The National Debt

Discussion in 'Politics' started by Cammmpbell, Feb 14, 2012.

  1. Cammmpbell
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    Cammmpbell Senior Member

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    The guy was ranting about Obamas's Interest payments alone coming to $10 billion a week. He didn't bother to mention that Oct. 1, 2009 when Obama's first budget period became official that the interest on the Reagan-Bushes debt was $450 billion a year. When Dick Cheney attended George W. Bush's first cabinet meeting he said, "The Debt Doesn't Matter, Reagan Proved That!"

    The debt might not matter unless those to who we owe the money demand payment but the interest has to be paid or we go into default. Republicans talk out of both sides of their mouthes. What else is new............
     
  2. uscitizen
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    uscitizen Senior Member

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    The debt only matters to the right when a Dem is in the White HOuse.

    sheeple are eager to be used.
     
  3. Skull Pilot
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    Skull Pilot Platinum Member

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    Since Ronnie hasn't been president since the 80s (and oh btw he's dead now) it doesn't make a lot of sense to get all upset about old interest rates on the debt.

    How about we deal with the present even if it means placing the responsibility for doing something about our unsustainable debt on the current president and not the past ones?

    Isn't it you dimwitcraps who always accuse repugnantcans of wanting to live in the past?
     
  4. uscitizen
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    uscitizen Senior Member

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    Umm the debt was under 1 trillion when Reagan was president and the debt pretty much doubled under Reagans rule.
    And how many times was the debt ceiling raised then?
    18 times for those with selective memories.
    And yet those same ones consider him a great president?
     
  5. uscitizen
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    uscitizen Senior Member

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    Umm wanting things not to change is a basic part of conservatism.
     
  6. Skull Pilot
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    Skull Pilot Platinum Member

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    Ronnie was a big government guy even though he pretended not to be but i would think big government people like dimwitcraps would like that about him
     
  7. uscitizen
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    uscitizen Senior Member

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    Facts show that the republicans of recent decades were/are for big government.
    Therefore the left has to be against it :D
     
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  8. Seawytch
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    Seawytch Information isnt Advocacy

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    Isn't it funny how electing the black guy brought the deficit hawks out in typical, hypocritical fashion. The Hannity's and Limpballs of the world weren't saying a THING about Bush's deficits. They didn't care a fig about unpaid for wars, unpaid for Medicare Part D, unpaid for tax cuts. Now even disaster relief has to be "paid for"? Puhleese.
     
  9. Stephanie
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    Stephanie Diamond Member

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    I'll be glad when that Black guy is gone so we don't have to hear and have this thrown in our faces anymore.
     
  10. Cammmpbell
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    Cammmpbell Senior Member

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    Each figure here can be easily verified. The Republicans are the ones who cut taxes over and over and borrowed from foreign banks to cover the shortfall:

    Total U S Debt


    09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

    09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

    09/30/2007 $9,007,653,372,262.48
    09/30/2006 $8,506,973,899,215.23
    09/30/2005 $7,932,709,661,723.50
    09/30/2004 $7,379,052,696,330.32

    09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


    09/30/2002 $6,228,235,965,597.16

    09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


    09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

    09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

    09/30/1998 $5,526,193,008,897.62
    09/30/1997 $5,413,146,011,397.34
    09/30/1996 $5,224,810,939,135.73
    09/29/1995 $4,973,982,900,709.39
    09/30/1994 $4,692,749,910,013.32

    09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

    09/30/1992 $4,064,620,655,521.66
    09/30/1991 $3,665,303,351,697.03
    09/28/1990 $3,233,313,451,777.25
    09/29/1989 $2,857,430,960,187.32
    09/30/1988 $2,602,337,712,041.16
    09/30/1987 $2,350,276,890,953.00
    09/30/1986 $2,125,302,616,658.42
    09/30/1985 $1,823,103,000,000.00
    09/30/1984 $1,572,266,000,000.00
    09/30/1983 $1,377,210,000,000.00

    09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

    09/30/1981 $997,855,000,000.00
     

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