White House says Republicans co-own legacy of record $19 trillion debt

[Stephanie]

The legislative branch got controlled by the gop under Obama... and the economy improved

Was it the laser focus on jobs that the republicans contributed?

Wait a minute. There was no laser focusing on jobs by republicans.

Must of been the repeal.of Obama care that was so.good for the economy.

Nope. That wasnt it.

What was it the republicans in congress DID to help fix their economic mess they left behind?

We thought by electing OBama he alone was going to SAVE us all from ourselves? what the hell happened with that? The Democrats INSTEAD stuck another Government Entitlement on OUR BACKS with Obamainsurance Scam.

 

[Wildman]

 

[Stephanie]

anyone who voted for this man, should be hanging your heads in shame. Not sitting here making more EXCUSES for the idiot

SNIP:
Under Obama US Drops From 6th to 11th on Economic Freedom Index

Liberals love to tout their economic policies' "success" despite the fact that the data do not support their narrative. Indeed, under President Obama, the US has plummeted on the Economic Freedom index to its worst score in history, according to a new study by the Heritage Foundation.

The US has fallen from 6th to 11th place in the economic freedom ranking, indicating that expanding government, welfare, healthcare, regulations, subsidies and more have taken a costly toll on the nation. CNSNews reports on some of the costly measures the US has suffered since 2009:

Government spending has exploded, amounting to $29,867 per household in 2015.
The national debt has risen to $125,000 for every tax-filing household in America—a total over $18 trillion.
The government takeover of health care is raising prices and disrupting markets.
Bailouts and new government regulations have increased uncertainty, stifling investment and job creation.

The index proves how America's economic freedom is declining at a rapid pace in just a few of the following ways:

The U.S. has the highest corporate tax rate in the developed world. This has driven new jobs to other, more competitive nations and has meant fewer jobs and lower wages for Americans.
The overall annual cost of meeting regulatory requirements has increased by over $80 billion since 2009, with more than 180 new regulations in place. In terms of ease of starting a new business, analyzed by a recently published World Bank report, the U.S. is ranked shockingly low at 49th, trailing countries such as Canada, Georgia, Ireland, Lithuania, and Malaysia.

ALL OF IT here:
Under Obama US Drops From 6th to 11th on Economic Freedom Index

 

[Seawytch]

 

[CrusaderFrank]

Hey remember when Obama pretended to be a fiscal conservative

 

[CowboyTed]

Oh darn, ran across this:
Snip:
Under Obama US Drops From 6th to 11th on Economic Freedom Index
But liberals love to tout the "success" of their economic policies.
2.1.2016
News
Tiffany Gabbay

Liberals love to tout their economic policies' "success" despite the fact that the data do not support their narrative. Indeed, under President Obama, the US has plummeted on the Economic Freedom index to its worst score in history, according to a new study by the Heritage Foundation.

The US has fallen from 6th to 11th place in the economic freedom ranking, indicating that expanding government, welfare, healthcare, regulations, subsidies and more have taken a costly toll on the nation.
reports on some of the costly measures the US has suffered since 2009:

Government spending has exploded, amounting to $29,867 per household in 2015.
The national debt has risen to $125,000 for every tax-filing household in America—a total over $18 trillion.
The government takeover of health care is raising prices and disrupting markets.
Bailouts and new government regulations have increased uncertainty, stifling investment and job creation.

all of it here:
Under Obama US Drops From 6th to 11th on Economic Freedom Index

Canada is ahead of the US... Look at the reasons the US fell down the list compared to Canada... Corruption is one and that is linked to citizens united (which is a form of bribing politicians)


Here is another Canada got 90 US got 80, Here is the difference:
Private property
• 90—Private property is guaranteed by the government. The court system enforces contracts efficiently. The justice system punishes those who confiscate private property unlawfully. Corruption is nearly nonexistent, and expropriation is highly unlikely.
• 80—Private property is guaranteed by the government. The court system enforces contracts efficiently but with some delays. Corruption is minimal, and expropriation is highly unlikely.

Again Big Business can't confiscate the little guys land... Keystone Pipeline ring a bell... But also have to point to Bundy's ranch, they took property without punishment...

So I have shown you the this Heritage Foundation listing

 

[Stephanie]

 

[Moonglow]

White House says Republicans co-own legacy of record $19 trillion debt

What is amazing to me is that the WH is saying that it actually owns some of the debt.

NOW that is a first.

“Digging out of that economic downturn leading our economy to recovery and doing it all in fiscally responsible way will be a hallmark of the president’s legacy,” the spokesman said.

The Presidents legacy will be......wait for it.....BLAME BOOOOOOOOOOOOOOOOOOOSH.

The Congress controls the money flow....

 

[easyt65]

The Congress controls the money flow....

DING, DING, DING! EXACTLY!

Democrats took over Congress - the House and Senate - and controlled the money flow / economy Bush's last 2 years in office...when Liberals say the economy began to 'nose-dive'.

"Obama inherited Bush's bad economy."

Bull crap! Obama inherited the economy his Super Majority Democrats controlling Congress (House and Senate) left him.

 

[Faun]

anyone who voted for this man, should be hanging your heads in shame. Not sitting here making more EXCUSES for the idiot

SNIP:
Under Obama US Drops From 6th to 11th on Economic Freedom Index

Liberals love to tout their economic policies' "success" despite the fact that the data do not support their narrative. Indeed, under President Obama, the US has plummeted on the Economic Freedom index to its worst score in history, according to a new study by the Heritage Foundation.

The US has fallen from 6th to 11th place in the economic freedom ranking, indicating that expanding government, welfare, healthcare, regulations, subsidies and more have taken a costly toll on the nation. CNSNews reports on some of the costly measures the US has suffered since 2009:

Government spending has exploded, amounting to $29,867 per household in 2015.
The national debt has risen to $125,000 for every tax-filing household in America—a total over $18 trillion.
The government takeover of health care is raising prices and disrupting markets.
Bailouts and new government regulations have increased uncertainty, stifling investment and job creation.

The index proves how America's economic freedom is declining at a rapid pace in just a few of the following ways:

The U.S. has the highest corporate tax rate in the developed world. This has driven new jobs to other, more competitive nations and has meant fewer jobs and lower wages for Americans.
The overall annual cost of meeting regulatory requirements has increased by over $80 billion since 2009, with more than 180 new regulations in place. In terms of ease of starting a new business, analyzed by a recently published World Bank report, the U.S. is ranked shockingly low at 49th, trailing countries such as Canada, Georgia, Ireland, Lithuania, and Malaysia.

ALL OF IT here:
Under Obama US Drops From 6th to 11th on Economic Freedom Index

Spits an unrepentant two-time Bush voter.

 

[jknowgood]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Didn't Obama run for president? Did he not run on, that he was gonna fix things? Did he not promise America that he would fix it? Then he wants to blame others because he fucked it all up? Fuck you, Obama after 7 years owns this mess, and supporters like yourself own it too.

And Obama cut the Deficit by two thirds... and brought unemployment to half (almost)

Your issue is that he didn't clean up a Bush/GOP mess quick enough... Our issue is that there was a mess in the first place and GOP did everything in there power to stop any bipart solutions...
Now I understand some GOP was willing for the sake of the country but Tea Psrtiers said fuck the country lets go for Obama... Well TP you lost...

Lol you believe what you will, but next year when a republican becomes president. He will show you what a recovery looks like.

 

[jknowgood]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Didn't Obama run for president? Did he not run on, that he was gonna fix things? Did he not promise America that he would fix it? Then he wants to blame others because he fucked it all up? Fuck you, Obama after 7 years owns this mess, and supporters like yourself own it too.

And Obama cut the Deficit by two thirds... and brought unemployment to half (almost)

Your issue is that he didn't clean up a Bush/GOP mess quick enough... Our issue is that there was a mess in the first place and GOP did everything in there power to stop any bipart solutions...
Now I understand some GOP was willing for the sake of the country but Tea Psrtiers said fuck the country lets go for Obama... Well TP you lost...

Lol you believe what you will, but next year when a republican becomes president. He will show you what a recovery looks like.

 

[rightwinger]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Very true

Create a near depression and then scream as Obama attempts to use government spending to reverse it

 

[Sun Devil 92]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Didn't Obama run for president? Did he not run on, that he was gonna fix things? Did he not promise America that he would fix it? Then he wants to blame others because he fucked it all up? Fuck you, Obama after 7 years owns this mess, and supporters like yourself own it too.

And Obama cut the Deficit by two thirds... and brought unemployment to half (almost)

Your issue is that he didn't clean up a Bush/GOP mess quick enough... Our issue is that there was a mess in the first place and GOP did everything in there power to stop any bipart solutions...
Now I understand some GOP was willing for the sake of the country but Tea Psrtiers said fuck the country lets go for Obama... Well TP you lost...

I can hear you gurgling through you spittle even as you type.

Partisan stupidity, like yours, on both sides is why we have this mess.

 

[IcebergSlim]

Obama added more debt than every US President from Washington to Bush ... COMBINED, setting new records for 'monthly', 'annual', and 'total' deficit spending in the process.

So specifically, what did Obama spend all that money on? He got his bail out, his stimulus and health care. But those don't add up to the total debt you attribute to Obama.

What was the rest of the spending on?

On costs that were passed before he became president. But, those expenses are also on him because as president he had the ability to try to change things. If the spending on Social Security, Medicare, Defense, etc. caused our debt, the man in the chair at the time "caused" it by not changing anything.

Mark

Wrong......Mandatory spending is legislated......and it requires legislation to change it.....

Well then, no president "owes" a debt. If the next president inherits spending of 1 trillion a year, he either owns it or tries to change it.

Otherwise, saying Obama or Bush(or any president) owns a Social Security deficit(other than FDR) would also be wrong, by your reasoning.

Mark

There are sound reasons why the term "mandatory" and "discretionary" are used to describe the federal budget..

 

[CrusaderFrank]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Didn't Obama run for president? Did he not run on, that he was gonna fix things? Did he not promise America that he would fix it? Then he wants to blame others because he fucked it all up? Fuck you, Obama after 7 years owns this mess, and supporters like yourself own it too.

And Obama cut the Deficit by two thirds... and brought unemployment to half (almost)

Your issue is that he didn't clean up a Bush/GOP mess quick enough... Our issue is that there was a mess in the first place and GOP did everything in there power to stop any bipart solutions...
Now I understand some GOP was willing for the sake of the country but Tea Psrtiers said fuck the country lets go for Obama... Well TP you lost...

Lol you believe what you will, but next year when a republican becomes president. He will show you what a recovery looks like.

Trump was right about one thing: The Fed is going to pass the biggest economic disaster in human history onto the next President

 

[IcebergSlim]

The sad thing is, it does not take an village. If everyone tends to their own house. But the career politicians and their federal government brainwashed bleeding heart drones to think so.
Lol

Let me ask you again....

Who is the most fiscally responsible POTUS for whom you have voted?

There has not been one, responsible that is.
I don't vote for career politicians.
They own the federal government and look at the shape it is in, for many, many decades now. It could not suck more...

Are you suggesting that you've never cast a vote for POTUS?

 

[CrusaderFrank]

I feel Republicans own all of it after the disgraceful mess they handed Obama.

Kill the economy and then whine it's Obama's fault there is no revenue. That's what Republicans did. The fuckers.

Very true

Create a near depression and then scream as Obama attempts to use government spending to reverse it

"Boooooooooooooosh debt bad, Obama debt good"

 

[Rustic]

The sad thing is, it does not take an village. If everyone tends to their own house. But the career politicians and their federal government brainwashed bleeding heart drones to think so.
Lol

Let me ask you again....

Who is the most fiscally responsible POTUS for whom you have voted?

There has not been one, responsible that is.
I don't vote for career politicians.
They own the federal government and look at the shape it is in, for many, many decades now. It could not suck more...

Are you suggesting that you've never cast a vote for POTUS?

I have not, no choice, always career politicians on the ticket.
Always vote in local elections though...

 

[IcebergSlim]

If spending had continued to grow at the same rate as established by Scrub (exclusive of Iraqnam and Recession Remediation), the federal budget would be roughly 25% higher than what will be spent in FY 2016.......

I don't deny your chart slope was up late 2000s'. note, GWB also had bad costly stuff happen (listed many times) during his years from start to finish. Deficit in 2007 was ~150 bil?

No one put a gun to Scrubby's head and told him to vaporize the Surplus, invade Iraqnam, and hand Big Pharma the Medicare Part D boondoggle....