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

[Si modo]

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

Facts mess too much with their heads. They might go postal. Scary thought, eh?

 

[Avatar4321]

Misleading statistics. It doesn't take into account that several programs are deemed "Mandatory" spending that are automatically increased regardless of what Congress or the President do. Those include entitlement programs such as Medicare which were passed by Democrats.

You want a fair analysis? Compare the discretionary spending levels. That will give a better picture of who has increased spending the most. It may still be Republicans, but I have a feeling that projections will be much more even.

 

[skookerasbil]

Another k00k lefty posting up a thread in the wrong forum...........

This is a POLITICS forum. Nobody cares about 1981.......or 1931. Nobody cares.

Everybody else except for the k00k left KNOWS Obama is THE debt guy. Popping up some BS graph in the nether-regions of the internet doesnt change that.

 

[Truthmatters]

You can not move in the right direction if you have NO IDEA how you got where you are.


They hate history because it ruins the validity of their historically failed ideas

 

[skookerasbil]

You can not move in the right direction if you have NO IDEA how you got where you are.


They hate history because it ruins the validity of their historically failed ideas

True......but in the opinion of you and few others ( check the polls)

As I said.........this is a POLITICS forum. While hard core bloggers, both right and left eat, sleep and breathe this stuff, a huge majority do not. The political reality is that the public is convinced Obama is a big government guy who doesnt give a rats ass about the debt. By the "public" I mean the majority.........and in politics, thats the only thing that matters, isnt it!!! The k00k left on the internet hate........and I mean absolutely HATE that reality and fall all over themselves trying to screw with the reality on irrelevant internet sites like this one, but it doesnt change the reality. In fact, I'm rarely in here anymore anyway because the job is done already. The die, as they say, is cast. Only one way to turn it around for this clueless president = a sudden sharp right turn to the center as Clinton did in 1995.

Its not in the man though..........but go right on discussing the "history of the debt". Few will care..............

 

[Rocko]

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.

I know he's a fiscal budget hawk, when it comes to when we are at war, but I don't care if the wars are off the books or not, the truth is Obama has out spent everyone, and there is no way around that..

 

[MiddleClass]

Reagan and Bush Senior both claimed Government debt was a good thing, especially if it came from lowering taxes on the wealthy.

 

[Cuyo]

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?

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.

I'm sure they're all mentioned when talking specifically about the time period when they were taking place (eg, talking about the Obama presidency, now).

And even if I stipulated that 'government was the root cause' (which I don't, a topic for another thread), it certainly wasn't 'government' under the Obama administration.

These topics are fair game. Do you think the situation would really look that much different had McCain taken the chair in early '09? Or anyone else for that matter?

Can you stipulate that based on the atmosphere at the time, it actually could have gotten a lot worse?

 

[Big Fitz]

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.

Please explain then how you increase deficit spending to more than equal all other presidents combined in one year as P-BO did and it's not as bad as W?

 

[Soggy in NOLA]

CLEARLY the part of fiscal responsibility.

Perhaps you should revisit this and take a look at the makeup of Congress.. as you may or may not know, they are the ones that actually spend the money.

 

[Cuyo]

Misleading statistics. It doesn't take into account that several programs are deemed "Mandatory" spending that are automatically increased regardless of what Congress or the President do. Those include entitlement programs such as Medicare which were passed by Democrats.

You want a fair analysis? Compare the discretionary spending levels. That will give a better picture of who has increased spending the most. It may still be Republicans, but I have a feeling that projections will be much more even.

The pill bill certainly didn't help matters with Medicare. My understanding is that if the Government had even been granted more power to negotiate prices, much of the Medicare crisis could have been... 'Averted' is too strong a word... Perhaps 'quelled' is more accurate... The pill bill notwithstanding.

 

[flacaltenn]

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?

It's amazing how mangled graphs and factoids get so much attention ain't it?

Demonstrates the mathematics literacy problem we have in this country...

HEY -- If ZERO new jobs were added in August and 1 new job is added in September -- there'll be headlines screaming

"Obama September Job Creation up 100,000,000,000,000%"

 

[flacaltenn]

There it is -- do your own math.. Except that the number for 2011 isn't at the Treasury site. So it's a year old. Also raw DEBT doesn't include off-book stuff like Soc Sec or any of the "trust funds".

Only one year of Obama admin shown and MOST of 2009 was under 2008 Congressional budget control.. It's just WAAAY too early to put a 4 year term number on Obama -- but my guess would be 60 or 80% increase in debt.

Once the debt starts approaching the yearly GDP for the country -- it becomes much more difficult to rack up a big impressive "increase".





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
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
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25
09/29/1989 2,857,430,960,187.32
09/30/1988 2,602,337,712,041.16
09/30/1987 2,350,276,890,953.00
09/30/1986 2,125,302,616,658.42
09/30/1985 * 1,823,103,000,000.00
09/30/1984 * 1,572,266,000,000.00
09/30/1983 * 1,377,210,000,000.00
09/30/1982 * 1,142,034,000,000.00
09/30/1981 * 997,855,000,000.00
09/30/1980 * 907,701,000,000.00
09/30/1979 * 826,519,000,000.00

 

[AmericanFirst]

CLEARLY the part of fiscal responsibility.

Your homade factless charts prove you are nothing more than an obamaturd butt kissing hack. Obamaturd, pissosi, and preid way out done every president and congress combined in history. Chew on that idiopt.

 

[uscitizen]

CLEARLY the part of fiscal responsibility.

Your homade factless charts prove you are nothing more than an obamaturd butt kissing hack. Obamaturd, pissosi, and preid way out done every president and congress combined in history. Chew on that idiopt.

Wehn Obama took office the debt was around just under 10 trillion.
It is now close to 20 trillion?

 

[flacaltenn]

CLEARLY the part of fiscal responsibility.

Your homade factless charts prove you are nothing more than an obamaturd butt kissing hack. Obamaturd, pissosi, and preid way out done every president and congress combined in history. Chew on that idiopt.

Wehn Obama took office the debt was around just under 10 trillion.
It is now close to 20 trillion?

No -- but clinton's 36% (or whatever) is for 8 years and Obama's 16% measures just about 1.5 years. Trust me -- he's (actually Pelosi/Reid also) on a trajectory to excel at wracking up debt. It's just waaay to early to measure the damage. Obama will at least exceed CLinton and probably be more than half of Bush after only 4 full years.

If you want to give Congress back to Pelosi/Reid and keep Obama for a full 8 years, we can place a large bet on the outcome...

 

[Truthmatters]

you would think there was no great recession huh?

 

[Cuyo]

you would think there was no great recession huh?

Seriously, they act as though it simply didn't happen... Analgous to a kid putting his fingers in his ears and screaming LALALALALALA.

 

[Cuyo]

The result of the bursting of the largest asset bubble in world history... C'mon man, you can't really be that obtuse?

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.

I'm sure they're all mentioned when talking specifically about the time period when they were taking place (eg, talking about the Obama presidency, now).

And even if I stipulated that 'government was the root cause' (which I don't, a topic for another thread), it certainly wasn't 'government' under the Obama administration.

These topics are fair game. Do you think the situation would really look that much different had McCain taken the chair in early '09? Or anyone else for that matter?

Can you stipulate that based on the atmosphere at the time, it actually could have gotten a lot worse?

...which is exactly why posts like this one get ignored.

There's just an overwhelming emotional investment in making it all Obama's fault. Any evidence to the contrary is just white noise.

 

[Seawytch]

We had record debt under Bush and the republican controlled congress.

Debt and deficits only matter to repubs when a Democrat sits in the WH.