Dot Com
Nullius in verba
JUST so we're all on the same page 
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YooHoo!!! Supply- siders!!! Look here if you dare
- Thread starter Dot Com
- Start date
Statistikhengst
Diamond Member
- Banned
- #2
They will stick their fingers in their ears and scream "nanananana!"
Ernie S.
Diamond Member
How about plotting the numbers against what party controlled Congress?
- Aug 4, 2009
- 281,079
- 140,350
- 2,300
How about plotting the numbers against what party controlled Congress?
Who did control Congress?
Derideo_Te
Je Suis Charlie
- Mar 2, 2013
- 20,461
- 7,961
- 360
How about plotting the numbers against what party controlled Congress?
Who proposes the budget that Congress approves?
Ernie S.
Diamond Member
And have you ever seen a budget proposal pass intact?
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
JUST so we're all on the same page
dear, Barry had 3 communist parents and voted to left of Bernie Sanders so would have spent like crazy had not the Tea Party risen up to take both houses of Congress. Now do you understand? See why we say liberalism will be based in pure ignorance?
Iceweasel
Diamond Member
National Debt by Year Compared to GDP and Major Events
National Debt by Year Since 1929: Compared to Nominal GDP and Major Events
End of Fiscal Year Debt (9/30, in billions) GDP (Q3, in billions) Debt / GDP Ratio Event
2014 $17,824 $17,600 101%
2013 $16,738 $16,872 99% Sequestration reduced government spending, at the same time the end of Obama's payroll tax holiday raised revenue. The U.S. debt hit $17 trillion a few days after the end of the fiscal year.
2012 $16,066 $16,066 99% Obama extended Bush tax cuts, combined with $900 billion in defense spending.
2011 $14,790 $15,587 95% Obama Stimulus Act (ARRA) spent $120 billion.
2010 $13,562 $15,058 90% ARRA budgeted $400 billion. For more, see National Debt Under Obama.
2009 $11,910 $14,384 83% Economy contracted 8.9% in Q4 '08, 6.7% in Q1 '09, lowering tax revenues. ARRA spent $241.9 billion. War on Terror cost $79 billion. Fed funds rate lowered to 0%.
2008 $10,025 $14,843 68% Economy contracted 3.7% in Q3 '08, 1.8% in Q1 '08. War on Terror cost $197.6 billion, Bank Bailout Bill cost $350 billion.
2007 $9,008 $14,570 62% Iraq War cost $131.6 billion.
2006 $8,507 $13,909 61% Katrina clean-up was $24.7 billion, swine flu added $6 billion, War on Terror cost $120.4 billion. Ben Bernanke became Fed Chair.
2005 $7,933 $13,205 60% War on Terror cost $107.6 billion.
2004 $7,379 $12,368 60% War on Terror was $94 billion.
2003 $6,783 $11,625 58% Unemployment still at 6%. War on Terror cost $53 billion.
2002 $6,228 $11,037 56% War on Terror added $33.8 billion.
2001 $5,807 $10,640 55% 9/11 attacks worsened the 2011 recession. Bush tax cuts further reduced revenue.
2000 $5,674 $10,357 55%
1999 $5,656 $9,712 58%
1998 $5,526 $9,147 60%
1997 $5,413 $8,692 62%
1996 $5,225 $8,159 64%
1995 $4,974 $7,707 65%
1994 $4,693 $7,352 64%
1993 $4,411 $6,904 64% Bill Clinton passed Omnibus Budget Reconciliation Act
1992 $4,065 $6,587 62%
1991 $3,665 $6,218 59% 1991 recession.
1990 $3,233 $6,030 54% Desert Storm.
1989 $2,857 $5,712 50% Savings and Loan Crisis cost $125 billion.
1988 $2,602 $5,300 49%
1987 $2,350 $4,901 48% Alan Greenspan become Fed Chair.
1986 $2,125 $4,620 46% President Reagan lowered tax rates.
1985 $1,828 $4,395 42%
1984 $1,572 $4,087 38%
1983 $1,377 $3,692 37% Unemployment from the 1982 recession peaked at 10.8%.
1982 $1,142 $3,367 34% 1982 recession, GDP fell 6.4% in Q1 '82.
1981 $998 $3,261 31% Beginning of 1982 recession.
1980 $908 $2,860 32% 1980 recession, Iran oil embargo, GDP fell 7.9% in Q2 '80.
1979 $827 $2,670 31% Volcker became Fed Chair, increasing Fed funds rate to 20% to combat inflation.
1978 $772 $2,399 32%
1977 $699 $2,122 33%
1976 $620 $1,891 33%
1975 $533 $1,714 31% Unemployment from 1973-75 recession peaked at 9% in May, GDP was down 4.8% in Q1 '75.
1974 $475 $1,563 30% Fed raised rates to 13% to fight inflation. Nixon resigned over Watergate.
1973 $458 $1,437 32% OPEC raised oil prices. Nixon went off gold standard, tripling inflation to 9.7%. Fed doubled interest rates. Vietnam War ended.
1972 $427 $1,294 33% Nixon won re-election in a landslide.
1971 $398 $1,180 34% Nixon imposed wage price controls and suspended gold standard. Unemployment from 1970 recession peaked at 6.1% in December
1970 $371 $1,089 34% GDP down 4.2% in Q4 '70. Arthur Burns becomes Fed Chair.
1969 $354 $1,032 34% Nixon became President.
1968 $348 $952 36% Johnson sent 500,000 troops to Vietnam.
1967 $326 $867 38% LBJ created PBS, Product Safety Commission and Air Quality Act.
1966 $320 $821 39% Fed raised interest rates to 5.76% to fight a mild 3.5% inflation.
1965 $317 $750 42% Johnson funds Great Society, creating Medicare, Medicaid and HUD. Sends 100,000 troops to Vietnam. War's total cost will be $111 billion.
1964 $312 $693 45% LBJ announces War on Poverty.
1963 $306 $645 47% Military coup in Vietnam, aided by 16,000 U.S. advisers. Kennedy assassinated.
1962 $299 $610 49% Cuban Missile Crisis.
1961 $289 $568 51% JFK became President. Bay of Pigs. Unemployment peaked at 6.1% in Dec.
1960 $286 $546 52% 1960 recession started in April. GDP fell 4.2% in Q4 '60.
1959 $285 $525 54% Fed raised rates to combat 7.25% growth rate.
1958 $276 $487 57% GDP fell 4.2% in Q4 '57, and another 10.4% in Q1 '58. Unemployment peaked at 7.1% in Sep '58.
1957 $271 $480 56%
1956 $273 $452 60%
1955 $274 $431 64%
1954 $271 $392 69% Recession follows end of Korean War.
1953 $266 $392 68% Korean War ends, total war cost $30 billion.
1952 $259 $368 70%
1951 $255 $352 73%
1950 $257 $309 83% Korean War starts.
1949 $253 $273 92% 1949 recession.
1948 $252 $280 90%
1947 $258 $250 103%
1946 $269 $228 113% GDP fell 11%.
1945 $259 $228 116% 1945 recession due to end of WWII. War cost $296 billion.
1944 $201 $225 89%
1943 $137 $203 67%
1942 $72 $166 44%
1941 $49 $129 38% Attack on Pearl Harbor, US entered WWII, ending the Great Depression.
1940 $43 $103 42%
1939 $40 $94 43%
1938 $37 $87 43%
1937 $36 $93 39%
1936 $34 $85 40%
1935 $29 $74 39%
1934 $27 $67 40% World trade is down 66% from start of Depression.
1933 $23 $57 39% Roosevelt took office, New Deal signed. Unemployment peaked at 25%.
1932 $19 $60 33% Hoover worsened depression by raising taxes to balance budget.
1931 $17 $77 22%
1930 $16 $92 18% Stock Market Crash of 1929. Congress passed Smoot-Hawley Tariffs.
1929 $17 $105 16% Hoover maintained high wage controls. Fed raised discount rate to defend gold standard, creating deflation. Combination forces bankruptcies on businesses.
National Debt by Year Since 1929: Compared to Nominal GDP and Major Events
End of Fiscal Year Debt (9/30, in billions) GDP (Q3, in billions) Debt / GDP Ratio Event
2014 $17,824 $17,600 101%
2013 $16,738 $16,872 99% Sequestration reduced government spending, at the same time the end of Obama's payroll tax holiday raised revenue. The U.S. debt hit $17 trillion a few days after the end of the fiscal year.
2012 $16,066 $16,066 99% Obama extended Bush tax cuts, combined with $900 billion in defense spending.
2011 $14,790 $15,587 95% Obama Stimulus Act (ARRA) spent $120 billion.
2010 $13,562 $15,058 90% ARRA budgeted $400 billion. For more, see National Debt Under Obama.
2009 $11,910 $14,384 83% Economy contracted 8.9% in Q4 '08, 6.7% in Q1 '09, lowering tax revenues. ARRA spent $241.9 billion. War on Terror cost $79 billion. Fed funds rate lowered to 0%.
2008 $10,025 $14,843 68% Economy contracted 3.7% in Q3 '08, 1.8% in Q1 '08. War on Terror cost $197.6 billion, Bank Bailout Bill cost $350 billion.
2007 $9,008 $14,570 62% Iraq War cost $131.6 billion.
2006 $8,507 $13,909 61% Katrina clean-up was $24.7 billion, swine flu added $6 billion, War on Terror cost $120.4 billion. Ben Bernanke became Fed Chair.
2005 $7,933 $13,205 60% War on Terror cost $107.6 billion.
2004 $7,379 $12,368 60% War on Terror was $94 billion.
2003 $6,783 $11,625 58% Unemployment still at 6%. War on Terror cost $53 billion.
2002 $6,228 $11,037 56% War on Terror added $33.8 billion.
2001 $5,807 $10,640 55% 9/11 attacks worsened the 2011 recession. Bush tax cuts further reduced revenue.
2000 $5,674 $10,357 55%
1999 $5,656 $9,712 58%
1998 $5,526 $9,147 60%
1997 $5,413 $8,692 62%
1996 $5,225 $8,159 64%
1995 $4,974 $7,707 65%
1994 $4,693 $7,352 64%
1993 $4,411 $6,904 64% Bill Clinton passed Omnibus Budget Reconciliation Act
1992 $4,065 $6,587 62%
1991 $3,665 $6,218 59% 1991 recession.
1990 $3,233 $6,030 54% Desert Storm.
1989 $2,857 $5,712 50% Savings and Loan Crisis cost $125 billion.
1988 $2,602 $5,300 49%
1987 $2,350 $4,901 48% Alan Greenspan become Fed Chair.
1986 $2,125 $4,620 46% President Reagan lowered tax rates.
1985 $1,828 $4,395 42%
1984 $1,572 $4,087 38%
1983 $1,377 $3,692 37% Unemployment from the 1982 recession peaked at 10.8%.
1982 $1,142 $3,367 34% 1982 recession, GDP fell 6.4% in Q1 '82.
1981 $998 $3,261 31% Beginning of 1982 recession.
1980 $908 $2,860 32% 1980 recession, Iran oil embargo, GDP fell 7.9% in Q2 '80.
1979 $827 $2,670 31% Volcker became Fed Chair, increasing Fed funds rate to 20% to combat inflation.
1978 $772 $2,399 32%
1977 $699 $2,122 33%
1976 $620 $1,891 33%
1975 $533 $1,714 31% Unemployment from 1973-75 recession peaked at 9% in May, GDP was down 4.8% in Q1 '75.
1974 $475 $1,563 30% Fed raised rates to 13% to fight inflation. Nixon resigned over Watergate.
1973 $458 $1,437 32% OPEC raised oil prices. Nixon went off gold standard, tripling inflation to 9.7%. Fed doubled interest rates. Vietnam War ended.
1972 $427 $1,294 33% Nixon won re-election in a landslide.
1971 $398 $1,180 34% Nixon imposed wage price controls and suspended gold standard. Unemployment from 1970 recession peaked at 6.1% in December
1970 $371 $1,089 34% GDP down 4.2% in Q4 '70. Arthur Burns becomes Fed Chair.
1969 $354 $1,032 34% Nixon became President.
1968 $348 $952 36% Johnson sent 500,000 troops to Vietnam.
1967 $326 $867 38% LBJ created PBS, Product Safety Commission and Air Quality Act.
1966 $320 $821 39% Fed raised interest rates to 5.76% to fight a mild 3.5% inflation.
1965 $317 $750 42% Johnson funds Great Society, creating Medicare, Medicaid and HUD. Sends 100,000 troops to Vietnam. War's total cost will be $111 billion.
1964 $312 $693 45% LBJ announces War on Poverty.
1963 $306 $645 47% Military coup in Vietnam, aided by 16,000 U.S. advisers. Kennedy assassinated.
1962 $299 $610 49% Cuban Missile Crisis.
1961 $289 $568 51% JFK became President. Bay of Pigs. Unemployment peaked at 6.1% in Dec.
1960 $286 $546 52% 1960 recession started in April. GDP fell 4.2% in Q4 '60.
1959 $285 $525 54% Fed raised rates to combat 7.25% growth rate.
1958 $276 $487 57% GDP fell 4.2% in Q4 '57, and another 10.4% in Q1 '58. Unemployment peaked at 7.1% in Sep '58.
1957 $271 $480 56%
1956 $273 $452 60%
1955 $274 $431 64%
1954 $271 $392 69% Recession follows end of Korean War.
1953 $266 $392 68% Korean War ends, total war cost $30 billion.
1952 $259 $368 70%
1951 $255 $352 73%
1950 $257 $309 83% Korean War starts.
1949 $253 $273 92% 1949 recession.
1948 $252 $280 90%
1947 $258 $250 103%
1946 $269 $228 113% GDP fell 11%.
1945 $259 $228 116% 1945 recession due to end of WWII. War cost $296 billion.
1944 $201 $225 89%
1943 $137 $203 67%
1942 $72 $166 44%
1941 $49 $129 38% Attack on Pearl Harbor, US entered WWII, ending the Great Depression.
1940 $43 $103 42%
1939 $40 $94 43%
1938 $37 $87 43%
1937 $36 $93 39%
1936 $34 $85 40%
1935 $29 $74 39%
1934 $27 $67 40% World trade is down 66% from start of Depression.
1933 $23 $57 39% Roosevelt took office, New Deal signed. Unemployment peaked at 25%.
1932 $19 $60 33% Hoover worsened depression by raising taxes to balance budget.
1931 $17 $77 22%
1930 $16 $92 18% Stock Market Crash of 1929. Congress passed Smoot-Hawley Tariffs.
1929 $17 $105 16% Hoover maintained high wage controls. Fed raised discount rate to defend gold standard, creating deflation. Combination forces bankruptcies on businesses.
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
edward post any links to back himself up?
the liberal wants a link to show that the Tea Party rose up to stop Obama from acting like the communists his 3 parents were and like Bernie Sanders would if given the chance???.
- Moderator
- #13
JUST so we're all on the same page
It's always so sad when one of you post this chart because you can smell the desperation a mile away.
Manonthestreet
Diamond Member
- May 20, 2014
- 34,687
- 22,932
- 1,945
What is this, almost a week now they have been trying to push this meme and facts keep getting in the way.........
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
the liberal wants a link to show that the Tea Party rose up to stop Obama from acting like the communists his 3 parents were and like Bernie Sanders would if given the chance???.I got to figure out how EdwardBi-curious went off ignore. His posts are just as time-wasting as they've always been. See 'ya Skippy
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
the liberal wants a link to show that the Tea Party rose up to stop Obama from acting like the communists his 3 parents were and like Bernie Sanders would if given the chance???.I got to figure out how EdwardBi-curious went off ignore. His posts are just as time-wasting as they've always been. See 'ya Skippy
as a liberal he may not have heard about the Tea Party
Dad2three
Gold Member
How about plotting the numbers against what party controlled Congress?
lol, I thought Prez policy mattered? Why else would Heritage, CATO, etc claim credit for Ronnie's 17 year miracle AND the right calls Obama a dictator? lol
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
does the above pass for a reasoned and more importantly- a sourced rebuttal these days?JUST so we're all on the same page
It's always so sad when one of you post this chart because you can smell the desperation a mile away.
the above shows govt spending thanks to the Tea Party and Republicans taking over the Congress
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
How about plotting the numbers against what party controlled Congress?
lol, I thought Prez policy mattered? Why else would Heritage, CATO, etc claim credit for Ronnie's 17 year miracle AND the right calls Obama a dictator? lol
too stupid it does matter but not equally for all presidents.
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