![]() |
|
|
|
|
#1 |
|
Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,852
|
Here are the facts: In Reagan's first term, government spending grew 8.7 percent per year. In his second term, it grew 4.9 percent per year. Under Bush Sr., 5.4 percent per year. Under Clinton's two terms, 3.2 percent and 3.9 percent. Under Bush Jr., 7.3 percent and 8.1 percent.
Got all those numbers? Okay. Brace yourself. Under Obama: 1.4 percent. Our current budget deficit has nothing to do with out-of-control Democratic spending and everything to do with a massive recession, tax cuts, two wars, and a scare campaign that Republicans have been successfully waging for decades to cover up their serial fiscal irresponsibility. Whether you let them fool you again is entirely up to you. http://articles.sun-sentinel.com/201...sh-republicans |
|
|
|
| Sponsored Links |
|
|
#2 |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
Spending goes up hundreds of billions each year. A percentage point today equals at least 10x more spending than it did 30 years ago simply because it's based on the previous year, which is usually at an all-time high.
|
|
|
|
|
|
#3 |
|
Franchise Poster
Join Date: Apr 2008
Location: Mid-Atlantic
Posts: 15,584
|
^ That's quite the rationalization. Percentages are better measurements than dollars for this type of comparison.
|
|
|
|
|
|
#4 | |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
Quote:
![]() Last edited by Arkie; 02-05-2013 at 04:52 PM.. |
|
|
|
|
|
|
#5 | |
|
Just hanging out.
Join Date: Aug 2005
Location: Denver
Posts: 11,072
Adopt-a-Bronco: The Team |
Quote:
You really have to compare % of GDP, not a $ amount for obvious reasons. For instance, $1 in 1940, is worth $16.43 today. http://www.dollartimes.com/calculators/inflation.htm Last edited by DenverBrit; 02-05-2013 at 05:48 PM.. |
|
|
|
|
|
|
#6 | |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
Quote:
|
|
|
|
|
|
|
#7 |
|
Ring of Famer
Join Date: Jan 2004
Location: Earth
Posts: 19,511
|
|
|
|
|
|
|
#8 |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
|
|
|
|
|
|
#9 |
|
...
Join Date: Jan 2003
Location: DistrictOfCorruption
Posts: 4,914
Adopt-a-Bronco: Ben Garland |
i really do think the Repubs try to bankrupt government intentionally, and then show how "gubmint dont werk". Demonsh*ts are actually more responsible in government because they believe in it.
|
|
|
|
|
|
#10 |
|
Just Draughted
Join Date: Sep 2011
Posts: 6,937
|
New version of the same old shell game. Democrats kept running funding through the last few Bush months by continuing resolution. No FY2009 budget was passed and signed until the beginning of Obama's term (March of 2009). Congressional Democrats knew they couldn't get their wish list signed off on by Bush, so they didn't pass it until he was gone.
Ironic that they go straight from hiding their budget from Bush to blaming it on him. But that's exactly what's happening here. Plus, all that TARP and Stimulus action was supposed to be a quick crisis-response infusion of cash into the economy. But Democrats, as many warned would happen, made it the new floor and kept growing spending from there. And for any of you arguing Obama wouldn't have done any of that. Good luck. He voted for it. The fy2008 budget (the last one Bush had any say in) was $2.98 trillion. The fy2009 budget was $3.5 trillion, signed late by President Obama. Then a month later Obama rolled out his fy2010 budget request at $3.55T, which in reality became $3.7T. And they've yet to pass a budget since. But having a 20% increase handed to you in your first few months in office makes that a little easier cushion to work with. Last edited by BroncoBeavis; 02-05-2013 at 03:10 PM.. |
|
|
|
|
|
#11 |
|
A verbis ad verbera
Join Date: Mar 2006
Location: Long Beach
Posts: 32,528
|
Great stuff debunking yet again another liberal J-O thread.
|
|
|
|
|
|
#12 |
|
Ring of Famer
Join Date: Nov 2003
Posts: 9,610
Adopt-a-Bronco: The Duke |
As far as I'm concerned, the next 20 years is just going to correct what GWB ****ed up in just **TWO** freaking years.
|
|
|
|
|
|
#13 |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
|
|
|
|
|
|
#14 |
|
A verbis ad verbera
Join Date: Mar 2006
Location: Long Beach
Posts: 32,528
|
there is nothing Bush did that will **** America up for 20 yrs. That is liberals admitting their ideas don't work well but we like them anyways because at least we get our way. |
|
|
|
|
|
#15 | |
|
Just Draughted
Join Date: Sep 2011
Posts: 6,937
|
Quote:
![]() |
|
|
|
|
|
|
#16 |
|
Owns scary-looking rifle
Join Date: Dec 2010
Location: 5280
Posts: 2,828
Adopt-a-Bronco: Peyton Manning |
|
|
|
|
|
|
#17 | |
|
Owns scary-looking rifle
Join Date: Dec 2010
Location: 5280
Posts: 2,828
Adopt-a-Bronco: Peyton Manning |
Quote:
Recession and war wasn't accepted as a reason under Bush by libs, so... Shoe is on the other foot. |
|
|
|
|
|
|
#18 |
|
Ring of Famer
Join Date: Jan 2004
Location: Earth
Posts: 19,511
|
Amazing how the righties put Bush's misadministration into their collective memory hole.
|
|
|
|
|
|
#19 | ||
|
Franchise Poster
Join Date: Apr 2008
Location: Mid-Atlantic
Posts: 15,584
|
Quote:
Quote:
Queue the haters!!! |
||
|
|
|
|
|
#20 | |
|
Just Draughted
Join Date: Sep 2011
Posts: 6,937
|
Quote:
|
|
|
|
|
|
|
#21 |
|
Living the Dream
Join Date: Jan 2006
Location: Boulder County
Posts: 1,256
Adopt-a-Bronco: Chris Harris |
|
|
|
|
|
|
#22 |
|
Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,852
|
When you have a party that hasn’t been able to repudiate the worst administration in modern times, and actually still attempt to hail it as some kind of achievement with respect to Iraq or Afghanistan or the debt, you cannot persuade anyone you have changed, or want to change. Someone in the GOP needs to take Bush-Cheney apart, to show how they created the debt crisis we are in, by throwing away a surplus on unaffordable tax cuts, launching two unfunded wars, and one new unfunded entitlement. They need to take on the war crimes that has deeply undermined the soul of the United States. They need to note the catastrophic negligence that gave us the worst national security lapse since Pearl Harbor (9/11) despite being warned explicitly in advance, accept weak and false intelligence to launch a war they were too incompetent to fight or win, sat back as one of the worst hurricanes all but took out a major city, and was so negligent in bank regulation that we ended up with Lehman and all that subsequently took place. These were not minor errors. They were catastrophic misjudgments which took an era of peace, surplus and prosperity and replaced it with a dystopia of massive debt, a lawless executive branch, two unwinnable wars, and a record of war crimes that had their source in the very Oval Office. When will the Republicans hold themselves accountable for the things that have persuaded so many that this bunch of fanatics and deniers are unfit for government? When will they speak of Bush and Cheney and repudiate them? There you have it, in a nutshell, by Andrew Sullivan. The Right lives in its own little bubble of misinfo and self-delusion. With their tax cuts and deregulation, they disemboweled 80 years of progressive governance. And now they blame the resulting disaster on progressive-ism. |
|
|
|
|
|
#23 |
|
Ring of Famer
Join Date: Jan 2004
Location: Earth
Posts: 19,511
|
And, of course, debt as a percentage of GDP.
![]() |
|
|
|
|
|
#24 |
|
Owns scary-looking rifle
Join Date: Dec 2010
Location: 5280
Posts: 2,828
Adopt-a-Bronco: Peyton Manning |
I'm quite sure if I looked in the archives of the Mane that I would find defenses of the debt under GW Bush... I'm quite sure.
|
|
|
|
|
|
#25 |
|
Ring of Famer
Join Date: Jan 2004
Location: Earth
Posts: 19,511
|
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | |
|