FACT - at least since 81, most new debt was under Rep. Presidents

Rocko

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
 

Mad Scientist

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Reagan debt was 79 billion so increasing it 189% doesn't mean much.

That being said, why has it increased under Obama and not decreased? Wasn't he supposed to fix everything?
 

kiwiman127

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
Not to defend Obama and the Dems, but we have had absolutely flat wages since the early1980's. The higher unemployment is the hangover from the biggest worldwide economic downturn since the Great Depression and I don't see either party doing anything constructive about jobs. And naturally, with such a stagnant recovery and thirty years of flat wages and the with no job growth the poverty level is going to increase. Regarding the record debt, every day since the 80's is a new day of record debt.
We now have probably the most dysfunctional government in the history of this country. This is thanks to the most extreme partisanship and lack of willingness to compromise this country has ever seen. Both parties are much more interested in putting party over country, and that's what one gets when both parties are controlled by an extremist element of their ideologies.
Also, Corporate America has done nothing to help alleviate the dire situation. They are making record profits and sitting on trillions of dollars of capital. They have the lowest tax rate ever thanks to so many loopholes that many don't even pay taxes. The investor also has the best tax rate on Capital Gains they have ever experienced in modern history. Yet they are doing nothing and their excuse is they need more breaks! And ask yourself, who controls job growth and wage growth?
So there we have it. Two dysfunctional major political parties, a greed driven business environment and the result is a country held hostage.
 

Cuyo

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
The result of the bursting of the largest asset bubble in world history... C'mon man, you can't really be that obtuse? :confused:
 

Big Fitz

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Nice chart Naturegirl.

That said, it should also be compared to the size of the GDP and show where it grew and fell in comparison to who was in charge.

I also would like it to note that during the first Bush Presidency, the control of the Senate switched back to the Dems and is not shown here thanks to the "Jumpin' Jim" Jeffords incident which put Tom Daschle (D-SD) in charge for a stretch.
 

Big Fitz

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
The result of the bursting of the largest asset bubble in world history... C'mon man, you can't really be that obtuse? :confused:
No other bubble is mentioned. Why should this one be as well? Besides the government was the root cause of the largest asset bubble in history.
 

PeteEU

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CLEARLY the part of fiscal responsibility.
Fact: Since 1961 most debt accrued under a DEMOCRAT Congress.

And?

Who passes the budget again? Who debates what's in it? Who has the purse strings?

Hmmmmmmmm......
And who has veto power? Who is ultimately responsible for the US economy and the Federal state? And what is your excuse for the 6 years of total GOP domination for not fixing the economy but in fact having deficits year after year?
 

uscitizen

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
We had record debt under Bush and the republican controlled congress.
 

uscitizen

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Big Fitz

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CLEARLY the part of fiscal responsibility.
Fact: Since 1961 most debt accrued under a DEMOCRAT Congress.

And?

Who passes the budget again? Who debates what's in it? Who has the purse strings?

Hmmmmmmmm......
And who has veto power? Who is ultimately responsible for the US economy and the Federal state? And what is your excuse for the 6 years of total GOP domination for not fixing the economy but in fact having deficits year after year?
The president can veto and be overruled by a 2/3rds majority if congress has the collective will. This does not absolve anyone nor transfer responsibility. The operation of the Federal Government is the President's responsibility, and if he is overspending on unconstitutional operations and programs (every cabinet level agency and department created after 1951) that is his responsibility.

The GOP let me down in big big ways by not slashing the federal govt's throat, busting public sector unions a la WI and deflating back to a constitutional status giving back most of their assumed power to the states as constitutionally mandated. That is why I don't trust them.

If what you're quibbling about is the mode of transportation to hell, you're not really making a different set of choices on what you desire, now, are you? I want someone new with a different destination in mind.
 

Big Fitz

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Well I guess it depends on which chart you use. Here's one to ponder. It only goes through 2009 but look at it trending upward as the Dems took control of the House. :)



Oh and here's my link to the graph. :) United States public debt - Wikipedia, the free encyclopedia
That is related to a % of GDP which really distorts Bush' debt rise since the bubble was going on and pumping up phoney GDP.
not to mention minimizes Obama's spending spree and devaluation of the dollar.
 

Rocko

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
The result of the bursting of the largest asset bubble in world history... C'mon man, you can't really be that obtuse? :confused:
Where did I say he's soley responsible?

I don't think saying he deserves blame for our economic woes (specially the debt), makes me obtuse, but it's your opinion.
 

uscitizen

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Well I guess it depends on which chart you use. Here's one to ponder. It only goes through 2009 but look at it trending upward as the Dems took control of the House. :)



Oh and here's my link to the graph. :) United States public debt - Wikipedia, the free encyclopedia
That is related to a % of GDP which really distorts Bush' debt rise since the bubble was going on and pumping up phoney GDP.
not to mention minimizes Obama's spending spree and devaluation of the dollar.
Actually you are exactly wrong since GDP is way down it makes the spending look much worse for Obama on that graph.
 

Rocko

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CLEARLY the part of fiscal responsibility.
both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
We had record debt under Bush and the republican controlled congress.
correction, the congress was controlled by Dems in the last 2 years, only then did we have record deficits.
 

uscitizen

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both parties have let us down, but what this president, along with these Deomcrats, have done, is Unprecedented...

If you want to say the GOP doesn't deliver, on what they promise, you are right, but the Dems promise utopia, and only seem to make things worse..

Under Obama, we have higher unemployment, lower wages, higher poverty rate, and record debt.
We had record debt under Bush and the republican controlled congress.
correction, the congress was controlled by Dems in the last 2 years, only then did we have record deficits.

the debt set a new record high each year under Bush and his republican controlled congress.

I am talking debt level not annual defecits.
And bush finianced the wars off of the budget unlike Obama who put them on the budget.
 
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