View Full Version : Where did all the Debt come from?
Cigar
10-25-2012, 03:20 PM
http://www.youtube.com/watch?v=LcvLHHMC4iI&feature=player_embedded
BooHoo
10-25-2012, 03:32 PM
832
exotix
10-25-2012, 03:35 PM
http://i45.tinypic.com/29krnkn.jpg
Cigar
10-25-2012, 03:39 PM
Romniasa is sweeping the Republican Party :)
Peter1469
10-25-2012, 05:16 PM
1/3 of the official debt came from Obama.
Cigar
10-25-2012, 07:28 PM
No it didn't.
Mainecoons
10-25-2012, 07:50 PM
Yes, it did. Look it up, dummy.
Peter1469
10-25-2012, 08:33 PM
No it didn't.
Oh, sure it did. Math is hard for Barbie, and Cigar, it would seem.
GrumpyDog
10-25-2012, 10:06 PM
Oh, sure it did. Math is hard for Barbie, and Cigar, it would seem.
As much as it is embarrassing, the fact is the National Debt was around 10 Trillion when Obama took office, and now it is in excess of 16 Trillion.
We got to stop playing this blame it game, because it goes all the way back to Reagan/Congress ending with 4 Trillion National Debt. Bush 1 ran it up and ended with 5 Trillion debt. Cliinton, miraculously, or probably because of computer/tech flight to China, while people still had money to spend, did not add any to the debt, and had balanced budgets with a slight surplus. But still, handed off 5 Trillion debt to Bush 2.
Bush 2, has to take some blame, but Congress also, for adding another 5 Trillion over 8 years, thus ending with a 10 Trillion National Debt and a crashed economy. Obama was like a Medic, he stopped the bleeding, but he is no doctor, so right now, the patient has been stablized by massive infusion of the nations last supply of blood. It is now time for surgery, and it seems our only choices are the Medic Obama, or the dubious Doctor Romney talking amputation.
No matter who wins, this 16 Trillion dollar National Debt is going to be one MOTHER Of a drag on the economy, and the sad truth is, the @#$% gonna hit the fan if the President Whoever and Congress Whoever cannot work out a Federal budget that starts generating a surplus of AT LEAST 250 Billion/year, just to have a shot at POSSIBLY both paying the yearly interest on the debt, as well as gradually reducing it.
waltky
10-25-2012, 11:16 PM
Granny says it come from all dem politicians an' Wall Street bankers...
... dat spent too much money...
... anna rich folks dat outsourcin' our `merican jobs...
... an' ain't payin' dey's fair share o' taxes.
Agravan
10-26-2012, 07:03 AM
Granny says it come from all dem politicians an' Wall Street bankers...
... dat spent too much money...
... anna rich folks dat outsourcin' our `merican jobs...
... an' ain't payin' dey's fair share o' taxes.
90% of all income tax isn't enough of a "fair share" for you?
Cigar
10-26-2012, 08:14 AM
LaLaLaLaLaLaLaLa can't hear you ... :grin:
Chris
10-26-2012, 09:04 AM
As much as it is embarrassing, the fact is the National Debt was around 10 Trillion when Obama took office, and now it is in excess of 16 Trillion.
We got to stop playing this blame it game, because it goes all the way back to Reagan/Congress ending with 4 Trillion National Debt. Bush 1 ran it up and ended with 5 Trillion debt. Cliinton, miraculously, or probably because of computer/tech flight to China, while people still had money to spend, did not add any to the debt, and had balanced budgets with a slight surplus. But still, handed off 5 Trillion debt to Bush 2.
Bush 2, has to take some blame, but Congress also, for adding another 5 Trillion over 8 years, thus ending with a 10 Trillion National Debt and a crashed economy. Obama was like a Medic, he stopped the bleeding, but he is no doctor, so right now, the patient has been stablized by massive infusion of the nations last supply of blood. It is now time for surgery, and it seems our only choices are the Medic Obama, or the dubious Doctor Romney talking amputation.
No matter who wins, this 16 Trillion dollar National Debt is going to be one MOTHER Of a drag on the economy, and the sad truth is, the @#$% gonna hit the fan if the President Whoever and Congress Whoever cannot work out a Federal budget that starts generating a surplus of AT LEAST 250 Billion/year, just to have a shot at POSSIBLY both paying the yearly interest on the debt, as well as gradually reducing it.
Agreed.
Chris
10-26-2012, 09:07 AM
http://i45.tinypic.com/29krnkn.jpg
Wondering if you could even show correlation let alone causation. Nah, I predict you won't even try but instead come back with a smartass reply.
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