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Old November 28th, 2016, 11:45 AM   #1
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Donald And The Debt Ceiling Suckers

"Reagan," Vice President Dick Cheney said in 2002, "proved deficits don't matter." Unless, Cheney felt no need to mention, the occupant of the Oval Office is a Democrat. After all, Ronald Reagan had tripled the national debt in eight short years and George W. Bush had nearly doubled it again by the time he ambled out of office on January 20, 2009.

But when Barack Obama took the oath of office during the worst American economic crisis since the Great Depression, Uncle Sam's annual budget deficits and the cumulative national debt suddenly mattered to Republicans a great deal. After both parties had routinely raised the debt ceiling 40 times between 1980 and 2010, congressional Republicans demanded draconian spending cuts as a condition of increasing the federal government's ability to borrow more money for expenses it had already incurred.

Donald and the debt ceiling suckers
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Old November 28th, 2016, 11:48 AM   #2
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After all, Ronald Reagan had tripled the national debt in eight short years and George W. Bush had nearly doubled it again by the time he ambled out of office on January 20, 2009.
How many times are liberal going to repeat this lie?
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Old November 28th, 2016, 11:52 AM   #3
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How many times are liberal going to repeat this lie?
speaking of Reagan - point out that when you blow up the federal budget by dramatically increasing defence spending and dramatically lowering taxes to the rich - you get the largest increase in deficit spending in the past 70 years. Does this sound familiar? Every republican now running for president wants to do the same.
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Old November 28th, 2016, 11:55 AM   #4
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speaking of Reagan - point out that when you blow up the federal budget by dramatically increasing defence spending and dramatically lowering taxes to the rich - you get the largest increase in deficit spending in the past 70 years. Does this sound familiar? Every republican now running for president wants to do the same.
jimmy lives in Texas. He doesn't realize they keep actual records in the real world.

It was all that cow shit smell does to your brain after a while.
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Old November 28th, 2016, 12:08 PM   #5
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Show me the "records" of the debt increasing triple as a percent of GDP under Reagan, then show me the debt as a percentage of the GDP when Reagan left office and what it is today under Obama.

Dailykos. Joke of the day.
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Old November 28th, 2016, 12:25 PM   #6
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Show me the "records" of the debt increasing triple as a percent of GDP under Reagan, then show me the debt as a percentage of the GDP when Reagan left office and what it is today under Obama.

Dailykos. Joke of the day.
The records are clear for everybody to see.

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Old November 28th, 2016, 12:45 PM   #7
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The records are clear for everybody to see.

I need to send that to The Onion. I do not know if it is more pathetic or funny.

And for the record, that is not a Treasury Department chart you posted. And it is comical that your internet search led you to data that ended in 2011.


When Reagan left office, the debt was 51% as a percentage of GDP. As of the end of October, the debt as a percentage of GDP was 110%.
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Old November 28th, 2016, 12:54 PM   #8
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Skews, blowing his fuse again.


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You mean Republicans portion of the debt.

Only the House of Representatives can spend money.

Obama doesn't have any debt.

Who controlled the House the entirety of Reagan's 8 years? Right, Democrats.

Reagan doesn't have any debt.


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Old November 28th, 2016, 12:57 PM   #9
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Skews, blowing his fuse again.





Who controlled the House the entirety of Reagan's 8 years? Right, Democrats.

Reagan doesn't have any debt.


Most obvious truthful post of the thread.
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Old November 28th, 2016, 01:05 PM   #10
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The CBO projected that Obama's proposed budget would increase the national debt from $7.5 trillion - about 53 percent of the nation's Gross Domestic Product - at the end of 2009 to $20.3 trillion - or 90 percent of the GDP - by the end of 2020.
The publicly held debt, also called the "national debt," includes all monies owed by the United States government to persons and institutions outside the government.
National Debt Nearly Doubled Under Bush
If you're looking for other presidents who nearly doubled the national debt, perhaps Mr. Bush is also a culprit. According to the Treasury, the publicly held debt was $3.3 trillion when he took office in 2001, and more than $6.3 trillion when he left office in 2009.
That's an increase of nearly 91 percent.

Debt Ceiling - Under Modern U.S. Presidents
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