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Old December 4th, 2017, 10:32 AM   #41
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The track record of Democratic Party presidents reducing deficits/debt makes that factually incorrect.

Plus there is the hypocrisy analogous to the party of family values hypocrisy.
I am really surprized you would tell a straight up lie like that.

Obama racked up nearly half the total national debt, he added $1.4 trillion in FY2016 alone.
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Old December 4th, 2017, 10:35 AM   #42
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I am really surprized you would tell a straight up lie like that.

Obama racked up nearly half the total national debt, he added $1.4 trillion in FY2016 alone.
https://www.thebalance.com/us-debt-b...ercent-3306296

Not in constant dollars. And no other president inherited the disaster Bush Jr. created. A lot of the debt labeled as belonging to Obama was committed by Bush. But keep drinking. Is it grape?
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Old December 4th, 2017, 11:01 AM   #43
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https://www.thebalance.com/us-debt-b...ercent-3306296

Not in constant dollars. And no other president inherited the disaster Bush Jr. created. A lot of the debt labeled as belonging to Obama was committed by Bush. But keep drinking. Is it grape?
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Under President Obama, the national debt grew the most dollar-wise. He added $7.917 trillion, a 68 percent increase, in seven years.
They also charge Obama's tax cuts in 2009, Obama's surge in Afghanistan, Obama's stimulus spending, and Obama's TARP spending to GWB.

The actual budget deficit was $400 billion at the end of the 1st quarter of FY2009 when Obama took office.

That is a very dishonest accounting tactic.

The recession ended in June 2009, a few months after Obama took office. Had Obama stood out the way of recovery he would have a positive economic legacy, instead of the worst economic record of any modern POTUS.
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Old December 4th, 2017, 11:19 AM   #44
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They also charge Obama's tax cuts in 2009, Obama's surge in Afghanistan, Obama's stimulus spending, and Obama's TARP spending to GWB.

The actual budget deficit was $400 billion at the end of the 1st quarter of FY2009 when Obama took office.

That is a very dishonest accounting tactic.

The recession ended in June 2009, a few months after Obama took office. Had Obama stood out the way of recovery he would have a positive economic legacy, instead of the worst economic record of any modern POTUS.
So, you don't understand the difference between deficit and debt either.

Blather on, but the hard numbers in my link just blow you away. Bush Jr. increased the debt 101%. That's what my link says. Thinking people don't care what you say.

The right's old hero, before the current Republican President, one Pres. Reagan increased it 186%. How do you like them apples?
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Old December 4th, 2017, 11:21 AM   #45
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And Obama led the US economy from the disaster of the W years and the unregulated banking industry to a vibrant economy that the Republican President is now pretending has something to do with him.

Thanks, Obama.
Bill Clinton deregulated the banks, regulation on publicly traded companies was increased significantly in the GWB years.
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Old December 4th, 2017, 11:25 AM   #46
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So, you don't understand the difference between deficit and debt either.

Blather on, but the hard numbers in my link just blow you away. Bush Jr. increased the debt 101%. That's what my link says. Thinking people don't care what you say.

The right's old hero, before the current Republican President, one Pres. Reagan increased it 186%. How do you like them apples?
That isn't a credible cite and the "hard" numbers are dishonest, like only scoring 7 years to Obama.

What was resultant economic expansion under Reagan? What did we get for that $1.9 trillion of fiscal stimulus?

What did we get for Obama's $9 trillion of fiscal stimulus and $5 trillion of monetary stimulus, how much economic expansion did we get for that $14 billion of stimulus?
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Old December 4th, 2017, 11:56 AM   #47
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Bill Clinton deregulated the banks, regulation on publicly traded companies was increased significantly in the GWB years.
Source?
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Old December 4th, 2017, 11:59 AM   #48
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That isn't a credible cite and the "hard" numbers are dishonest, like only scoring 7 years to Obama.

What was resultant economic expansion under Reagan? What did we get for that $1.9 trillion of fiscal stimulus?

What did we get for Obama's $9 trillion of fiscal stimulus and $5 trillion of monetary stimulus, how much economic expansion did we get for that $14 billion of stimulus?
What did you get for Obama's stimulus? You just close your eyes at anything good related to Obama, don't you. GDP, employment, profits are all up and started rising even before the start of his second term from the depths that Bush's incompetence caused.

And his legacy continues to today in all the gains that the lying Republican President is trying to claim for himself.

All Reagan caused is needed tax increases.
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Old December 4th, 2017, 12:03 PM   #49
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Bill Clinton deregulated the banks, regulation on publicly traded companies was increased significantly in the GWB years.
George W. Bush - 25 People to Blame for the Financial Crisis - TIME

Bush can share the blame for financial crisis - The New York Times

Bush?s polices of Wall Street deregulation and allowing Frannie/Freddie to expand with another $440 Billion (American Dream act) caused the Crash of 2008. ? InvestmentWatch

BBC NEWS | Americas | Did Bush cause the financial crisis?
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Old December 4th, 2017, 12:28 PM   #50
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What did you get for Obama's stimulus? You just close your eyes at anything good related to Obama, don't you. GDP, employment, profits are all up and started rising even before the start of his second term from the depths that Bush's incompetence caused.

And his legacy continues to today in all the gains that the lying Republican President is trying to claim for himself.

All Reagan caused is needed tax increases.
GDP starting rising in June 2009, that is what the recession ended means.

GDP growth rates were declining from 2010 through 2016, all the way down to 1.6% in 2016.


You are lying about Obama's record and Trump is lying about his own record, but we have experienced an inflection point in economic growth since Trump took office.

Obama's incompetence surpassed that of GWB, who had a terrible record.

An unrepresented $14 trillion of stimulus that only resulted in $4 trillion of growth. Pile a horrible foreign policy record on top of the terrible domestic record and you have a real winner there.

Reagan had an impressive economic record, foreign policy record, jobs record, and real household incomes made major gains, especially considering the inflation, recessions, and interest rates he faced. That's why Obama choose Reagan as his hero over Clinton.
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