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Does anyone genuinely believe...
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Owl 69/70/75 Offline
Just an old rugby coach
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Post: #434
RE: Does anyone genuinely believe...
(10-03-2010 12:09 AM)Boston Owl Wrote:  
(10-02-2010 08:19 AM)Owl 69/70/75 Wrote:  When the democrats took over congress in 2007, the national debt was $8.7 trillion. In less than four years with that democrat-controlled congress, the national debt has increased by nearly 55% (or $4.8 trillion) to $13.5 trillion. And democrats are the party of fiscal responsibility? Really, Boston? Really?
Yes, actually. Although the graph below starts in 2009, you can basically see the numbers you cite: a baseline deficit around of $500-600 billion, which spikes to maybe $1.4 trillion thanks to the worst economic crisis in decades, TARP (which has cost little in the end (as shown)) and the stimulus.
You still haven't explained to me how the policies of the Democratic Party are responsible for anything more than a sliver of the projected deficit in future years.
[Image: cbpp-chart-on-bush-deficit-legacy-121609.jpg]
And, yes, I read your lengthy response the first time I posted this graph. After reading it again, none of the issues you raise -- even if some of them are interesting -- change the fundamental conclusions illustrated in this chart: Care about fiscal responsibility, vote Democrat.

A chart, full of assumptions and prepared by a "progressive" think tank, is hardly objective evidence.

As far as democrats and fiscal responsibility, please explain how the proposals by Bernie Sanders or Liz Warren or AOC are fiscally responsible.

This generation of democrats isn't the past democrats.
06-01-2020 02:59 PM
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Messages In This Thread
RE: Does anyone genuinely believe... - JSA - 10-01-2010, 12:44 PM
RE: Does anyone genuinely believe... - Owl 69/70/75 - 06-01-2020 02:59 PM



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