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You do realize that such a question is an open invitation for rdickweed, truthdontmatter, franks-n-beans, and/or Crayon Boy to post, dontcha?15 Trillion in debt yet the Democrats are all up in arms about a $80 dollar a month payroll tax?
That's a "Victory" for them? On what planet?
15 TRILLION in debt. The Federal Reserve loaned out 77 TRILLION!
80 fuckin' dollars? How stupid can you people be?
So let's say you have a couple of teenagers, and you give 'em a credit card with no limit.
So let's say you have a couple of teenagers, and you give 'em a credit card with no limit.
"THAAAAAAANKS, DADDY!!!!!!"
*
"THAAAAAAANKS, DADDY!!!!!!"
Funny how we, as voters, don't take any credit.
We put these idiots in there.
"Those who encountered Bush in Alabama remember him as an affable social drinker who acted younger than his 26 years. Referred to as George Bush, Jr. by newspapers in those days, sources say he also tended to show up late every day, around noon or one, at Blount's campaign headquarters in Montgomery. They say Bush would prop his cowboy boots on a desk and brag about how much he drank the night before.
They also remember Bush's stories about how the New Haven, Connecticut police always let him go, after he told them his name, when they stopped him "all the time" for driving drunk as a student at Yale in the late 1960s. Bush told this story to others working in the campaign "what seemed like a hundred times," says Red Blount's nephew C. Murphy Archibald, now an attorney in Charlotte, N.C., who also worked on the Blount campaign and said he had "vivid memories" of that time.
"He would laugh uproariously as though there was something funny about this. To me, that was pretty memorable, because here he is, a number of years out of college, talking about this to people he doesn't know," Archibald said. "He just struck me as a guy who really had an idea of himself as very much a child of privilege, that he wasn't operating by the same rules."
Haven't voted for a single demopublicratican since '94....Not nationally nor locally.Funny how we, as voters, don't take any credit.
We put these idiots in there.
Now, I realize that some think they should come first (i.e. unions) before any other considerations.
But it all comes back to us.
I wash my hands.
So let's say you have a couple of teenagers, and you give 'em a credit card with no limit.
"THAAAAAAANKS, DADDY!!!!!!"
*
"THAAAAAAANKS, DADDY!!!!!!"
No picture of Obama doing blow in a limo?
Be patient.
Eventually you'll be old-enough to vote.[/CENTER]
Hey, hey.....
Why do we need blame.
They can just keep downgrading our credit.
Like they did during Clinton..er...Bush....ooops......
""Eight years ago, our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."
Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
"THAAAAAAANKS, DADDY!!!!!!"
*
"THAAAAAAANKS, DADDY!!!!!!"
No picture of Obama doing blow in a limo?Got a practice "blow" shot!!
Try, again, Skippy.
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
Simply repeating figures from a unofficial site is not an effect way of proving your point.
The debt has grown by 5 trillion since Obama swore in. It is now over 15 trillion, which means that under Obama's watch the debt has grown by 30 percent in 3 years as opposed the 20 years that preceded Obama. It went up one trillion since they raised the debt ceiling in July.
He complains about the debt and the mess Bush left him yet he has caused more debt in less time than anyone since WWII.
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:
The increase in government spending, meanwhile, is actually NOT the only factor that has caused the deficit. The other factor--equally if not more important--is the fall-off in government revenue (tax receipts).
Ya, see? Paying taxes is good.
Here is the meat of the article when it comes to who is to blame.
So, who's responsible for the massive deficit?
This is a tougher question.
We know WHAT is responsible: The combination of weak government revenues (tax receipts) and a vast increase in government spending.
But figuring out WHO to blame is a more subjective exercise.
If you believe that the growth during the "Bush Boom" was a debt-fueled mirage--a theory that is certainly supported by the evidence--then you can lay the blame squarely at the feet of President Bush. His combination of reduced taxes and increased spending took the US from a surplus to a deficit, and even the economic boom from a massive housing bubble and enormous borrowing couldn't close the gap.
Even if you think the "Bush Boom" was real, moreover, the recession and financial crisis began on his watch, and the deficit was already exploding when President Obama took office. So it's very hard to escape the conclusion that President Bush bears a lot of the responsibility for our current mess.
On the other hand, President Obama's stimulus certainly hasn't had as big an impact on the economy (and, therefore, government revenues) as he and his advisors promised it would. Given the extent of the mess Obama inherited, it's possible that nothing would have fixed it by now. But even huge Obama supporters are justifiably frustrated with his over-promising, as well as with many of the decisions he has made.
So it seems fair to lay some of the responsibility for our current deficit at President Obama's feet as well.
