The Ultimate Election 2012 Graphic -damn

Stephanie

Diamond Member
Jul 11, 2004
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tip from
HotAirPundit
 
Meaningless without context. This sort of thing turns nutters on, but does not gain the votes of thinking people. Your only hope is that more people than usual will stop thinking between now and November. Good luck with that.
 

Too bad it's not true.. or that the definition of debt here is quite flexible.


Our debt problems really began when our trade surpluses turned into trade deficits. That was in 1976.

From Washington to Jerry Ford, the national debt was all of 600 Billion.

Carter got it up to nearly 1 Trillion.

It was up to 3 trillion at the end of Reagan's term.

It increased to 5 trillion under Bush-41 with the S&L Bailout.

It increased to 7 trillion DESPITE Clinton using social security surpluses to cover general fund deficits.

It went up to 10 trillion under Bush-43.

Under Obama, it went up to 15 trillion. Part of that is spending, but part of that is that social security stopped posting surpluses, part of that is that due to stock and housing value losses, Capital Gains taxes went down to a trickle. In the mad rush to get to the lowest labor costs possible, tax revenues dropped as well.

I would ask how we are going to get to a balanced budget if the Weird Mormon Robot gets his way and we give more tax cuts to the rich.
 

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