Who and what is to blame for the debt crisis

Discussion in 'Politics' started by Billy000, Dec 23, 2011.

  1. Billy000
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    Billy000 Democratic Socialist

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    While it is true that Obama largely contributed, it really was Bush that exploded the debt in the first place.


    The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider



    Here are some good highlight from the article:

    Ya, see? Paying taxes is good.

    Here is the meat of the article when it comes to who is to blame.

     
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    Last edited: Dec 23, 2011
  2. Oddball
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    Oddball BANNED Supporting Member

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    More proof that, the claim of your avatar notwithstanding, you haven't a single critical thought in your fucking hack pin head.

    [​IMG]
     
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  3. Luddly Neddite
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    Luddly Neddite Diamond Member

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    The Reagan-Bush Debt is how much of the national debt of the United States is attributable to the presidencies of Ronald Reagan, George H. W. Bush, George W. Bush, and
    the Republican fiscal policy of Borrow-And-Spend.

    As of Friday, December 16, 2011 at 2:32:01PM CT,

    The Current ReaganBush Debt is:
    $14,169,002,968,508.90
    which means that in a total of 20 years,
    these three presidents have led to the creation of
    93.81%
    of the entire national debt
    in only 8.5106% of the 235 years of the existence of the United States of America.

    ReaganBushDebt.org
     
  4. Billy000
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    Billy000 Democratic Socialist

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    I don't think it's fair to say that Obama did not contribute.
     
  5. Oddball
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    Oddball BANNED Supporting Member

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    Too much debt is accrued by too much spending...Something that both remocrats and depublicans love to do.

    But let's not such facts get in the way of a goode ole leftloon circle jerk.
     
  6. Listening
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    Listening Gold Member

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    Notice how the democrats on the supercommittee were ALL ABOUT cutting spending ?

    Yeah...ow wait....no.

    They were all about protecting entitlements.

    I'll raise taxes on the rich. 1 dollar of tax for every three we cut in spending.
     
  7. Mr. Shaman
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    Mr. Shaman Senior Member

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  8. Mr. Shaman
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    Mr. Shaman Senior Member

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  9. Toddsterpatriot
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    Toddsterpatriot Platinum Member

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    Politicians who spend too much.

    Entitlement programs passed by politicians who couldn't add or subtract themselves out of a wet paperbag.
     
  10. Mr. Shaman
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    Mr. Shaman Senior Member

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    If Obama doesn't (start) paying-off Lil' Dumbya's credit-card balance (to China).....who's GOING-to??

    :eusa_whistle:
     

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