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And here it is again, the dishonest Right know that fiscal years are the correct way to compare budgets, and they use them for Clinton without exception, but the hypocrites also dishonestly use calendar years exclusively to compare Obama's budgets to Bush's.Notice the Right will not say the national debt went down one year under Clinton!
As you know, there is a perfectly good reason. The DEBT NEVER DECREASED UNDER former President Bill Clinton. The DEFICIT decreased due to the fact that Social Security and Medicare payments are included in those figures.
Please note:
End of Fiscal Year Debt (9/30, in billions)
1993 . . . . . . . . . . .$4,411
1994 . . . . . . . . . . .$4,693
1995 . . . . . . . . . . .$4,974
1996 . . . . . . . . . . .$5,225
1997 . . . . . . . . . . .$5,413
1998 . . . . . . . . . . .$5,526
1999 . . . . . . . . . . .$5,656
2000 . . . . . . . . . . .$5,674
See How the U.S. Debt Tripled Since 9/11
Oh come on! If the America-hating GOP thought the sequester was good for the economy they would NOT be calling it the "obamaquester."But that is not how the worthless lying scum Republicans spelled it!!!It is true that the deficit (not debt) began to decrease after that, thanks to sequester. How do you spell sequester?...R-e-p-u-b-l-i-c-a-n c-o-n-t-r-o-l-l-e-d H-o-u-s-e.
When the GOP thought the sequester would cripple the economy they linked it to Obama, but now that it worked out very well they are trying to steal the credit for it!.
When did Republicans ever claim the sequester would cripple the economy? Dumbass Dims were the ones making that claim, asshole.
And there we see the obvious dishonesty yet again, after YOU argued that Clinton never reduced the national debt in any year by using fiscal years, here YOU are dishonestly using calendar years to claim Obama doubled the national debt. Using fiscal years for Obama the debt went from $12 trillion to $20 trillion, not the $24 trillion needed for a 100% increase!!!!A bigly $30 trillion debt is okay if Trump does it!
Let's see, that be a 50% increase as opposed to petulant former President Barack Hussein Obama's increase of 100%. That's the way Progressives work, isn't it?
It didn't. That is why it is a lie. If the GOP National Debt rose by $10 trillion it would be $22 trillion by now. It isn't!!!The deficit was over an average of $1 trillion for each year of the Obama administration.
LIAR!
How then did the DEBT rise $10 TRILLION over EIGHT YEARS?
Let me get this straight, the GOP thought the sequester would be good for the economy so they wanted everyone to know it was an idea of the Democratic Party.Sure they would. The Dims were constantly complaining about it so the Pubbies wanted to make sure the public knew who was responsible for it.Oh come on! If the America-hating GOP thought the sequester was good for the economy they would NOT be calling it the "obamaquester."But that is not how the worthless lying scum Republicans spelled it!!!It is true that the deficit (not debt) began to decrease after that, thanks to sequester. How do you spell sequester?...R-e-p-u-b-l-i-c-a-n c-o-n-t-r-o-l-l-e-d H-o-u-s-e.
When the GOP thought the sequester would cripple the economy they linked it to Obama, but now that it worked out very well they are trying to steal the credit for it!.
When did Republicans ever claim the sequester would cripple the economy? Dumbass Dims were the ones making that claim, asshole.
So there's absolutely no way to argue Trump would have gotten more votes than Hillary had the popular vote won the election.
Having said that.....it didn't lead to a better rounded candidate. America is a bitterly divided nation, and the system also works better when the population is informed. We are not informed. And people vote for their team despite that the person they voted for does not, at all, represent them.
And there we see the obvious dishonesty yet again, after YOU argued that Clinton never reduced the national debt in any year by using fiscal years, here YOU are dishonestly using calendar years to claim Obama doubled the national debt. Using fiscal years for Obama the debt went from $12 trillion to $20 trillion, not the $24 trillion needed for a 100% increase!!!!A bigly $30 trillion debt is okay if Trump does it!
Let's see, that be a 50% increase as opposed to petulant former President Barack Hussein Obama's increase of 100%. That's the way Progressives work, isn't it?
That is the way dishonest hypocritical Regressives work, isn't it!
It didn't. That is why it is a lie. If the GOP National Debt rose by $10 trillion it would be $22 trillion by now. It isn't!!!The deficit was over an average of $1 trillion for each year of the Obama administration.
LIAR!
How then did the DEBT rise $10 TRILLION over EIGHT YEARS?
The BIG bucks are in defense spending but no conservative will cut defense spending - the military industrial complex will see to that. Entitlements are things voters PAID for, hence they are "entitled" to the benefit. SS is an entitlement. Food stamps, welfare, and corporate bailouts are NOT.
Wow, you are one confused character.
Apparently, you are unaware of the rapidly deteriorating situation in North Korea along with the entire Middle East. North Korea a situation passed along by several administrations and the Middle East on the shoulders of petulant former President Barack Hussein Obama.
Then you have the fact that our current bombers are technically described as antiques and our nuclear weapons are from the 60's and 70's. Drastically outdated and in critical need of being modernized.
No entitlements are being cut. Your livelihood is safe.
Trump claimed he could PAY OFF the national debt in 8 years, which meant not running up a $10 trillion deficit, but creating a $20 trillion surplus.
And here it is again, the dishonest Right know that fiscal years are the correct way to compare budgets, and they use them for Clinton without exception, but the hypocrites also dishonestly use calendar years exclusively to compare Obama's budgets to Bush's.
Then you have the fact that our current bombers are technically described as antiques and our nuclear weapons are from the 60's and 70's. Drastically outdated and in critical need of being modernized.
Strangely the only technology we have to reach the moon is also from the 1960's., the fastest manned aircraft is from the 1960's,
And there we see the obvious dishonesty yet again, after YOU argued that Clinton never reduced the national debt in any year by using fiscal years, here YOU are dishonestly using calendar years to claim Obama doubled the national debt. Using fiscal years for Obama the debt went from $12 trillion to $20 trillion, not the $24 trillion needed for a 100% increase!!!!A bigly $30 trillion debt is okay if Trump does it!
Let's see, that be a 50% increase as opposed to petulant former President Barack Hussein Obama's increase of 100%. That's the way Progressives work, isn't it?
That is the way dishonest hypocritical Regressives work, isn't it!
I don't live in the US, I receive NOTHING from the US government.
Trump's ego is so YUGE that his trillion dollar deficits will look really tiny.
A bigly $30 trillion debt is okay if Trump does it!
Apparently you had no problem with Obama increasing the debt by $10 billion, so why would you object if Trump does the same?
American insistence on the biggest most powerful army that ever was will bankrupt your nation and destroy it just like it has every economy since the Romans.
It didn't. That is why it is a lie. If the GOP National Debt rose by $10 trillion it would be $22 trillion by now. It isn't!!!The deficit was over an average of $1 trillion for each year of the Obama administration.
LIAR!
How then did the DEBT rise $10 TRILLION over EIGHT YEARS?
Agreed. It won't hit $22T by end of BO final fiscal yr. Congratulations!
In 2007, the top 20% wealthiest possessed 80% of all financial assets.[18] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[19] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.[17][19][20]
According to PolitiFact and others, in 2011 the 400 wealthiest Americans "have more wealth than half of all Americans combined."[21][22] Inherited wealth may help explain why many Americans who have become rich may have had a "substantial head start".[23][24] In September 2012, according to the Institute for Policy Studies, "over 60 percent" of the Forbes richest 400 Americans "grew up in substantial privilege".[25]--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States
Yes, that does help. With spending decreasing by only about $85b in FY2013, it helps show the other half trillion dollars in decrease of the deficit came from an increase in revenue.Aww, you poor thing. You really believe that's the reason for the reduction in the deficit.
How could it NOT be reduced after petulant former President Barack Hussein Obama ran it up to over $1.4 TRILLION for several years?
Thursday, January 19, 2017
Spending Details page. To Recap:
People naturally assume that the annual Deficit is the total that the Federal government borrows each year. Actually this is not so. The Deficit is simply the difference between Federal Outlays and Federal
Receipts. Usually, the Feds borrow a lot more than the official Deficit.
Other Borrowings = (Increase in Federal Debt) - (Official Deficit)
Perhaps this will be of help to you.
It didn't. That is why it is a lie. If the GOP National Debt rose by $10 trillion it would be $22 trillion by now. It isn't!!!The deficit was over an average of $1 trillion for each year of the Obama administration.
LIAR!
How then did the DEBT rise $10 TRILLION over EIGHT YEARS?
Agreed. It won't hit $22T by end of BO final fiscal yr. Congratulations!In 2007, the top 20% wealthiest possessed 80% of all financial assets.[18] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[19] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.[17][19][20]
According to PolitiFact and others, in 2011 the 400 wealthiest Americans "have more wealth than half of all Americans combined."[21][22] Inherited wealth may help explain why many Americans who have become rich may have had a "substantial head start".[23][24] In September 2012, according to the Institute for Policy Studies, "over 60 percent" of the Forbes richest 400 Americans "grew up in substantial privilege".[25]--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States
can you explain why the one percent, need any form of tax break?
