- Nov 14, 2011
- 119,979
- 60,023
- 2,635
Because Reagan tripled the debt and righties didn't care. Bush Sr. was on path to double it and righties didn't care. Bush Jr. was close do doubling it and righties didn't care.Most of it was due to the Great Recession Bush handed Obama. And again, Bush signed a continuing resolution for the first half of FY2009. The debt alone during that period increased almost one trillion dollars.What a pity rightwingers are so stupid.$245b?? The debt increased by more than a trillion dollars in FY2008.
Bullshit. The first trillion dollar deficit was during the first year of the Obama administration.
Recent US Federal Deficit Numbers
Obama Deficits
FY 2015*: $564 bln
FY 2014: $483 bln
FY 2013: $680 bln
FY 2012: $1,087 bln
FY 2011: $1,300 bln
FY 2010: $1,294 bln
FY 2009†: $1,413 bln
FY 2008: $458 bln
FY 2007: $161 bln
FY 2006: $248 bln
FY 2005: $318 bln
for more years click here
US Federal Deficit Definition - plus charts and analysis
U.S. Treasury: National Debt - Annual 2000 - 2014
9/30/2007: $9,007,653,372,262.48
9/30/2008: $10,024,724,896,912.49
FY2008 deficit: $1,017,071,524,650.01
First trillion dollar deficit ever in U.S. history occurred while Bush was president.
pssssst ....... this is where you switch from the president to the Congress.
[edit: by the way ..... where did you come up with a $245b deficit? That's not even in your list. You making shit up again?]
According to your source:
Historical Debt:
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
From Sept. 30 2008 - Sept. 30 2009 Congress was able to increase the debt by approx. $1.89 trillion
Now who's responsible for all of that spending? Sure as Hell wasn't Bush, cause he was gone Jan 21.Last thing he signed was TARP and Obama spent half of that. It's pretty funny you wanting to hammer Bush for $1.017 trillion that somehow got assigned to him yet Obama spends nearly twice that much his first year. Oh, that's different.
Yu know, all this spending didn't even get out of control till the Dems took back Congress.
09/30/2014 17,824,071,380,733.82
09/30/2013 16,738,183,526,697.32
09/30/2012 16,066,241,407,385.89
09/30/2011 14,790,340,328,557.15
09/30/2010 13,561,623,030,891.79
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
Democrats take Congressional Control
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
And you never did answer .... where did you get that $245b figure from? Did you make it up?
Oh, and I wonder why you give Obama a pass on the fact that he has increased the debt twice as much as Bush.
Why on Earth would I give a shit that righties care now for no reason other than the president is a Democrat?
"Deficits don't matter." Remember?
That "silly little recession" was among the worst in U.S. history, losing more than 4% GDP, 8 million jobs unemployment and more than 11 million jobs to under/unemployment.Bush increased the debt in 8 years $5 trillion yet Obama did that in his first 3 years. Some only want to look at the percentages and not the actual amounts. Where is your objectivity?
Oh, Obama still had to deal with a recession that Bush caused (yet ended in the first quarter of 09'). How terrible for him. What did Obama do with all of that money he was going to use on 'Shovel-ready Job Creation'? Well ... I guess it didn't go to jobs. Who knows where it went, considering the fact that the job participation rate has gone down and more people are collecting Social Security and Food Stamps than ever before.
That silly little recession wasn't as bad as advertised to be honest. It was just a crisis created by hedgfunders along with alot of help from Democrats and their media. Strange how a huge drop in gas prices can erase so much of that. Despite Obama, the economy has recovered, even though the jobs haven't recovered because the incentive to work is gone, thanks to Obama and his Democrat friends who feel their pain. The cushion they've provide for them has increased the debt to over $18 trillion. More taxes are being paid and fewer folks are working. Wonder how that happened? Maybe that's why jobs are leaving in record numbers. The tax code is a little rougher on the rich. Now Obama wants to make it worse by proposing an increase in the minimum-wage. Politicians at the federal and state level want to throw a turd in the punchbowl by raising gas taxes.
Yup, too much of a good thing is bad for politicians and they always try to figure a way of taking advantage of it.