This is how FAST the National debt rose - per day - for the last 3 Presidents.

Bill Clinton - $547 million per day
George Bush - $1.6 Billion per day
Barack Obama - $4.1 Billion per day

Yes because nobody is discussing the debt

Of course....the GOP has had zero contribution to any of this current mess.

Increase/decrease in debt/GDP (in percentage points) by Presidential term:

Carter - -3.3%
Reagan (1st term) - +11.3%
Reagan (2nd term) - +9.3%
Bush - +13.0%
Clinton (1st term) - -0.7%
Clinton (2nd term) - -9.0%
Bush (1st term) - +7.1%
Bush (2nd term) - +20.7%
Obama - +9.0%

(07-22-2011 07:36 AM)Fo Shizzle Wrote:  Of course....the GOP has had zero contribution to any of this current mess.

The GOP now controls just 1/2 of 1/3 of the Government and they have held it less than a year.

The fact that Obama and the Dems have unleashed spending unlike any the world has known (amounts that could make Nero blush) is not in any way ameliorated by the bad practices of Bush and the GOP Congress (2000-2006).

(07-22-2011 07:56 AM)Bull_In_Exile Wrote:  

(07-22-2011 07:36 AM)Fo Shizzle Wrote:  Of course....the GOP has had zero contribution to any of this current mess.

The GOP now controls just 1/2 of 1/3 of the Government and they have held it less than a year.

The fact that Obama and the Dems have unleashed spending unlike any the world has known (amounts that could make Nero blush) is not in any way ameliorated by the bad practices of Bush and the GOP Congress (2000-2006).

It's not even as bad as Bush's or Reagan's spending.

(07-22-2011 07:56 AM)Bull_In_Exile Wrote:  

(07-22-2011 07:36 AM)Fo Shizzle Wrote:  Of course....the GOP has had zero contribution to any of this current mess.

The GOP now controls just 1/2 of 1/3 of the Government and they have held it less than a year.

The fact that Obama and the Dems have unleashed spending unlike any the world has known (amounts that could make Nero blush) is not in any way ameliorated by the bad practices of Bush and the GOP Congress (2000-2006).

At some juncture the finger pointing must stop and the actual business of getting our fiscal house in order must begin. I would also be nice if we actually learned from the mistakes made over the last decade. Somehow I doubt that either happen.

My prediction: The ceiling will be raised, taxes will be raised, and spending cuts will not happen.

Going way out on a limb, I know.

They are fighting over 1.5 to 4.0 trillion over 10 years spending cuts. This gets us no where near a balanced budget or entitlement reform or tax reform, or why we are in 3 wars or the devastation that ObabbaCare will shackle the debt of our children, great grandchildren, great, great grandchildren, great, great, great....... grandchildren. Clearly the future is bleak.

(07-22-2011 10:52 AM)SumOfAllFears Wrote:  They are fighting over 1.5 to 4.0 trillion over 10 years spending cuts. This gets us no where near a balanced budget or entitlement reform or tax reform, or why we are in 3 wars or the devastation that ObabbaCare will shackle the debt of our children, great grandchildren, great, great grandchildren, great, great, great....... grandchildren. Clearly the future is bleak.

It almost make one hope this mess makes our demise come swiftly. Then we can pick up the pieces and evolve ahead...learning from our mistakes. I really have no optimism for the future of our children today.

(07-22-2011 07:56 AM)Bull_In_Exile Wrote:  

(07-22-2011 07:36 AM)Fo Shizzle Wrote:  Of course....the GOP has had zero contribution to any of this current mess.

The GOP now controls just 1/2 of 1/3 of the Government and they have held it less than a year.

The fact that Obama and the Dems have unleashed spending unlike any the world has known (amounts that could make Nero blush) is not in any way ameliorated by the bad practices of Bush and the GOP Congress (2000-2006).

There are three typical responses to a recession (and let's not even pretend like this recession was anything like a normal recession). The first is to cut interest rates. Interest rates were already at or near zero when President Obama took over. The second is to cut taxes. Taxes are already at historic lows. The third is to increase spending. That's the only option left on the table and even that is somewhat constrained given the way GOPers have run up our debt over the last three decades. So don't pretend like the GOP doesn't have anything to do with our current situation. They are a major cause of our current situation.

(07-22-2011 12:24 PM)UM2001GRAD Wrote:  They are a major cause of our current situation.

Spending like a crack whore with a stolen AmEx card is the major cause of this situation. Republicans have indeed held the White House for the bulk of the last 30 years. Which party held congress?

(07-22-2011 12:18 PM)Fo Shizzle Wrote:  

(07-22-2011 10:52 AM)SumOfAllFears Wrote:  They are fighting over 1.5 to 4.0 trillion over 10 years spending cuts. This gets us no where near a balanced budget or entitlement reform or tax reform, or why we are in 3 wars or the devastation that ObabbaCare will shackle the debt of our children, great grandchildren, great, great grandchildren, great, great, great....... grandchildren. Clearly the future is bleak.

It almost make one hope this mess makes our demise come swiftly. Then we can pick up the pieces and evolve ahead...learning from our mistakes. I really have no optimism for the future of our children today.

I hate to disappoint you guys but If they get a deal approaching 4 trillion in cuts the United States has positioned itself for economic growth the likes of which haven't been experienced in decades

(07-22-2011 12:27 PM)Smaug Wrote:  

(07-22-2011 12:24 PM)UM2001GRAD Wrote:  They are a major cause of our current situation.

Spending like a crack whore with a stolen AmEx card is the major cause of this situation. Republicans have indeed held the White House for the bulk of the last 30 years. Which party held congress?

It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

(07-22-2011 12:38 PM)UM2001GRAD Wrote:  It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

You guys need anymore proof that this idiot is batshit insane?

(07-22-2011 12:43 PM)Rebel Wrote:  

(07-22-2011 12:38 PM)UM2001GRAD Wrote:  It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

You guys need anymore proof that this idiot is batshit insane?

Not for me, the guy is a professional OBOT. Just here to stir up sh!t.

(07-22-2011 12:38 PM)UM2001GRAD Wrote:  

(07-22-2011 12:27 PM)Smaug Wrote:  

(07-22-2011 12:24 PM)UM2001GRAD Wrote:  They are a major cause of our current situation.

Spending like a crack whore with a stolen AmEx card is the major cause of this situation. Republicans have indeed held the White House for the bulk of the last 30 years. Which party held congress?

It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

These conservatives gave up on America long ago. They claim to admire the founding fathers but lack the gumption to to even address a budget battle in good faith much less endure the hardships of Valley Forge. Conservatives would have raised the white flag and we would all be speaking English today

(07-22-2011 12:47 PM)Mr. Peanut Wrote:  These conservatives gave up on America long ago. They claim to admire the founding fathers but lack the gumption to to even address a budget battle in good faith much less endure the hardships of Valley Forge. Conservatives would have raised the white flag and we would all be speaking English today

It was people with our mindset that kicked out the British twice. Not you big-government, statist Progs. We do care about America. That's why we want to see the damn spending cut, and cut drastically. We cannot sustain this path. It's like you fools can't learn from history.

....but it's good that we didn't get stuck speaking English. American is such a better language.

(07-22-2011 12:43 PM)Rebel Wrote:  

(07-22-2011 12:38 PM)UM2001GRAD Wrote:  It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

You guys need anymore proof that this idiot is batshit insane?

It's a statement that defies belief. I could pick it apart but there's too much to say.

Hey 2001, when you imply that you graduated, what grade was that?

(07-22-2011 12:47 PM)Mr. Peanut Wrote:  

(07-22-2011 12:38 PM)UM2001GRAD Wrote:  

(07-22-2011 12:27 PM)Smaug Wrote:  

(07-22-2011 12:24 PM)UM2001GRAD Wrote:  They are a major cause of our current situation.

Spending like a crack whore with a stolen AmEx card is the major cause of this situation. Republicans have indeed held the White House for the bulk of the last 30 years. Which party held congress?

It's sad, yet funny, that you lay all the blame at the feet of spending. I would say that government spending is a very small part of why we're where we are today. Tell me why you believe government spending has lead us to this point, and what exactly do you think this point is?

These conservatives gave up on America long ago. They claim to admire the founding fathers but lack the gumption to to even address a budget battle in good faith much less endure the hardships of Valley Forge. Conservatives would have raised the white flag and we would all be speaking English today

I hate to burst that delusional bubble but ,we do speak English.