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Who's policies are adding to the debt?
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AtlanticLeague Offline
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Post: #1
Who's policies are adding to the debt?
http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.
02-01-2012 01:52 PM
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Rebel
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Post: #2
RE: Who's policies are adding to the debt?
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

Yeah, if he'd have only done that, we'd have a brazillion dollars in surplus by now. 01-wingedeagle
02-01-2012 01:55 PM
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I'mMoreAwesomeThanYou Offline
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Post: #3
RE: Who's policies are adding to the debt?
I'm loosely quoting Obama here...under bush every man woman and child has a tax burden of over 30k...thats unAmerican.

Now under Obama the burden is over 200k and the national debt has risen almost 7 TRILLION DOLLARS.

I'm sorry...maybe I didn't understand the question.
02-01-2012 01:57 PM
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Motown Bronco Offline
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Post: #4
RE: Who's policies are adding to the debt?
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

It's been clear for a while now that neither Bush nor Obama would fit under the description of "fiscal conservative." The Washington Post cheerleading their preferred candidate by producing 'He's Not as Bad as Bush' columns doesn't change that.
02-01-2012 02:06 PM
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Redwingtom Offline
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Post: #5
RE: Who's policies are adding to the debt?
(02-01-2012 01:57 PM)ImMoreAwesomeThanYou Wrote:  I'm loosely quoting Obama here...under bush every man woman and child has a tax burden of over 30k...thats unAmerican.

Now under Obama the burden is over 200k and the national debt has risen almost 7 TRILLION DOLLARS.

I'm sorry...maybe I didn't understand the question.

What do you mean by a "tax burden"?

And sorry, but your numbers don't even come close to adding up. To go from 30k per person to 200k per person you need an increase of nearly 7 times. That hasn't happened.

When Obama took office the National Debt was 10.6 trillion. It's now 15.3 trillion. An increase of 4.7 trillion. Not quite 7.

According to current figures, each citizens share of the National Debt is just over $49,000.
http://www.brillig.com/debt_clock/
(This post was last modified: 02-01-2012 02:10 PM by Redwingtom.)
02-01-2012 02:09 PM
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RobertN Offline
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Post: #6
RE: Who's policies are adding to the debt?
(02-01-2012 01:55 PM)Rebel Wrote:  
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

Yeah, if he'd have only done that, we'd have a brazillion dollars in surplus by now. 01-wingedeagle
Try reading.
02-01-2012 02:11 PM
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DrTorch Offline
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Post: #7
RE: Who's policies are adding to the debt?
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

"Who's" ?

As for your assessment of Bush, not many here are thrilled with him. It's complete irony, and a clear demonstration of their ignorance, that the left despises him so much when he played directly to them. His policies mirror LBJ.
02-01-2012 02:14 PM
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RobertN Offline
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Post: #8
RE: Who's policies are adding to the debt?
(02-01-2012 01:57 PM)ImMoreAwesomeThanYou Wrote:  I'm loosely quoting Obama here...under bush every man woman and child has a tax burden of over 30k...thats unAmerican.

Now under Obama the burden is over 200k and the national debt has risen almost 7 TRILLION DOLLARS.

I'm sorry...maybe I didn't understand the question.
As if we are surprised that you don't understand.
02-01-2012 02:17 PM
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Rebel
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Post: #9
RE: Who's policies are adding to the debt?
(02-01-2012 02:11 PM)RobertN Wrote:  
(02-01-2012 01:55 PM)Rebel Wrote:  
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

Yeah, if he'd have only done that, we'd have a brazillion dollars in surplus by now. 01-wingedeagle
Try reading.

Bush didn't get our debt up to over 16 trillion dollars.

Try using logic.

Nevermind. I know that's an impossibility for you.
02-01-2012 02:17 PM
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Rebel
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Post: #10
RE: Who's policies are adding to the debt?
(02-01-2012 02:14 PM)DrTorch Wrote:  "Who's" ?

As for your assessment of Bush, not many here are thrilled with him. It's complete irony, and a clear demonstration of their ignorance, that the left despises him so much when he played directly to them. His policies mirror LBJ.

Yeah, amazing how we can fault someone who is on the right, yet they blindly follow anyone with a D behind their name like mindless sheep.
02-01-2012 02:18 PM
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AtlanticLeague Offline
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Post: #11
RE: Who's policies are adding to the debt?
(02-01-2012 02:14 PM)DrTorch Wrote:  
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

"Who's" ?

As for your assessment of Bush, not many here are thrilled with him. It's complete irony, and a clear demonstration of their ignorance, that the left despises him so much when he played directly to them. His policies mirror LBJ.

Yes, it should be whose. I will leave it unchanged and hang my head in shame.
02-01-2012 02:19 PM
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Redwingtom Offline
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Post: #12
RE: Who's policies are adding to the debt?
(02-01-2012 02:17 PM)Rebel Wrote:  
(02-01-2012 02:11 PM)RobertN Wrote:  
(02-01-2012 01:55 PM)Rebel Wrote:  
(02-01-2012 01:52 PM)AtlanticLeague Wrote:  http://www.washingtonpost.com/business/e...aphic.html

Quote:Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy Priorities to attach a price tag to the legislation passed by Obama and his predecessor. George W. Bush’s major policies increased the debt by more than $5 trillion during his presidency. Obama has increased the debt by less than $1 trillion.

Ultimately though, it's Obama's fault for not getting rid of the bush policies once he got into office.

Yeah, if he'd have only done that, we'd have a brazillion dollars in surplus by now. 01-wingedeagle
Try reading.

Bush didn't get our debt up to over 16 trillion dollars.

Try using logic.

Nevermind. I know that's an impossibility for you.

Neither has Obama.

Try using facts.

Nevermind, I know that's an impossibility for you.

http://www.usdebtclock.org/
02-01-2012 02:21 PM
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Rebel
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Post: #13
RE: Who's policies are adding to the debt?
(02-01-2012 02:21 PM)Redwingtom Wrote:  Neither has Obama.

Try using facts.

Nevermind, I know that's an impossibility for you.

http://www.usdebtclock.org/

He's trying to increase the debt ceiling by another 1.2 trillion, light brite. Try using math. What's 15.3 + 1.2?
02-01-2012 02:26 PM
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smn1256 Offline
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Post: #14
RE: Who's policies are adding to the debt?
It's been said that Obama has spent more money than all the combined money spent by every president before him and I have heard zero denials for the left. We all know Bush spent a lot, but even Obama can't raise this subject because he's worse, he knows he's worse, and mentioning it only brings the subject back to him.
02-01-2012 02:39 PM
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RobertN Offline
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RE: Who's policies are adding to the debt?
(02-01-2012 02:39 PM)smn1256 Wrote:  It's been said that Obama has spent more money than all the combined money spent by every president before him and I have heard zero denials for the left. We all know Bush spent a lot, but even Obama can't raise this subject because he's worse, he knows he's worse, and mentioning it only brings the subject back to him.
Not surprising you would not be able to comprehend what was said in the original post.
02-01-2012 02:44 PM
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DrTorch Offline
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Post: #16
RE: Who's policies are adding to the debt?
(02-01-2012 02:18 PM)Rebel Wrote:  
(02-01-2012 02:14 PM)DrTorch Wrote:  "Who's" ?

As for your assessment of Bush, not many here are thrilled with him. It's complete irony, and a clear demonstration of their ignorance, that the left despises him so much when he played directly to them. His policies mirror LBJ.

Yeah, amazing how we can fault someone who is on the right, yet they blindly follow anyone with a D behind their name like mindless sheep.

It's also worth noting that people like Krugman are insisting the Gov't should spend more.
02-01-2012 02:47 PM
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smn1256 Offline
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Post: #17
RE: Who's policies are adding to the debt?
(02-01-2012 02:44 PM)RobertN Wrote:  
(02-01-2012 02:39 PM)smn1256 Wrote:  It's been said that Obama has spent more money than all the combined money spent by every president before him and I have heard zero denials for the left. We all know Bush spent a lot, but even Obama can't raise this subject because he's worse, he knows he's worse, and mentioning it only brings the subject back to him.
Not surprising you would not be able to comprehend what was said in the original post.

Yes I did, it said Obama only increased the debt by less than a trillion. Off the top of my head, Obama spent almost a trillion on the stimulus, he recently asked congress for another trillion or so, and his wife spent another 3 or 4 trillion trying to act like us commoners.

Oh, you're right, obamacare was supposed to cut the deficit by trillions. How did I miss that?
02-01-2012 02:48 PM
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Redwingtom Offline
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Post: #18
RE: Who's policies are adding to the debt?
(02-01-2012 02:26 PM)Rebel Wrote:  
(02-01-2012 02:21 PM)Redwingtom Wrote:  Neither has Obama.

Try using facts.

Nevermind, I know that's an impossibility for you.

http://www.usdebtclock.org/

He's trying to increase the debt ceiling by another 1.2 trillion, light brite. Try using math. What's 15.3 + 1.2?

Rebel...why do you have to a complete and utter tool and never admit when you're wrong about anything...but instead you just change the subject/issue?

You stated something that was factually wrong...so you're either stupid, mistaken, or a bald-faced liar. Just admit it for once.

Yes, I totally believe that the National Debt will hit 16 trillion while Obama is still in office. But that doesn't change the FACT that it isn't 16 trillion now.
02-01-2012 03:00 PM
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Redwingtom Offline
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Post: #19
RE: Who's policies are adding to the debt?
(02-01-2012 02:48 PM)smn1256 Wrote:  
(02-01-2012 02:44 PM)RobertN Wrote:  
(02-01-2012 02:39 PM)smn1256 Wrote:  It's been said that Obama has spent more money than all the combined money spent by every president before him and I have heard zero denials for the left. We all know Bush spent a lot, but even Obama can't raise this subject because he's worse, he knows he's worse, and mentioning it only brings the subject back to him.
Not surprising you would not be able to comprehend what was said in the original post.

Yes I did, it said Obama only increased the debt by less than a trillion. Off the top of my head, Obama spent almost a trillion on the stimulus, he recently asked congress for another trillion or so, and his wife spent another 3 or 4 trillion trying to act like us commoners.

Oh, you're right, obamacare was supposed to cut the deficit by trillions. How did I miss that?

No, that's not what it said. It said his policies increased it by 1 trillion of the 4.7 trillion that it has increased during his time in office.

And if you believe Michelle has spent 3-4 trillion you rank much lower on the scale than a commoner! 03-lmfao

And psssst...Obamacare hasn't totally started yet.
(This post was last modified: 02-01-2012 03:04 PM by Redwingtom.)
02-01-2012 03:03 PM
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smn1256 Offline
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Post: #20
RE: Who's policies are adding to the debt?
(02-01-2012 03:00 PM)Redwingtom Wrote:  
(02-01-2012 02:26 PM)Rebel Wrote:  
(02-01-2012 02:21 PM)Redwingtom Wrote:  Neither has Obama.

Try using facts.

Nevermind, I know that's an impossibility for you.

http://www.usdebtclock.org/

He's trying to increase the debt ceiling by another 1.2 trillion, light brite. Try using math. What's 15.3 + 1.2?

Rebel...why do you have to a complete and utter tool and never admit when you're wrong about anything...but instead you just change the subject/issue?

You stated something that was factually wrong...so you're either stupid, mistaken, or a bald-faced liar. Just admit it for once.

Yes, I totally believe that the National Debt will hit 16 trillion while Obama is still in office. But that doesn't change the FACT that it isn't 16 trillion now.

If you're totally, absolutely, without a doubt, positively sure the debt will hit 16 trillion then the debt is 16 trillion.
02-01-2012 03:05 PM
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