Political Forums  

Go Back   Defending The Truth Political Forum > Political Issues > Money and Finance > Debt


Thanks Tree11Thanks
Reply
 
LinkBack Thread Tools Display Modes
Old February 23rd, 2015, 03:06 PM   #11
Senior Member
 
Join Date: Jun 2012
Location: In the mind of liberal hippies
Posts: 38,895
Quote:
Originally Posted by goober View Post
You are right, Obama didn't cut the deficit in half, he cut it by 2/3.
There was a surplus when Bush took office, despite your inability to read and understand that fact.
I have explained the difference between debt held by the public and public debt so many times that I can only conclude those who still don't understand it are complete idiots...
Obama cut his own deficit in half. I've read your dailykos version of the "budget surplus."

More importantly, when was the Rubáiyát of Omar Khayyám translated into English?
Jimmyb is offline  
Old February 23rd, 2015, 03:54 PM   #12
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,856
Quote:
Originally Posted by Jimmyb View Post
Obama cut his own deficit in half. I've read your dailykos version of the "budget surplus."

More importantly, when was the Rubáiyát of Omar Khayyám translated into English?
You really never make sense do you?
goober is offline  
Old February 23rd, 2015, 03:55 PM   #13
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,856
Quote:
Originally Posted by Jimmyb View Post
How much spending was in the budget Bush submitted? How much did the democrats increase spending in the budget they approved? What was the first name of the Senator from Illinois that voted for the buddy with the increased spending? What was the dollar amount over the budget Obama approved did he spend in 2009?
Why is none of that important?
goober is offline  
Old February 23rd, 2015, 04:41 PM   #14
Senior Member
 
Join Date: Jun 2012
Location: In the mind of liberal hippies
Posts: 38,895
Quote:
Originally Posted by goober View Post
You really never make sense do you?
To someone such as yourself it is not likely.

How much sense does this make: When was the Rubáiyát of Omar Khayyám translated into English?
Jimmyb is offline  
Old February 23rd, 2015, 04:42 PM   #15
Senior Member
 
Join Date: Jun 2012
Location: In the mind of liberal hippies
Posts: 38,895
Quote:
Originally Posted by goober View Post
Why is none of that important?
No answers?

Answer this: When was the Rubáiyát of Omar Khayyám translated into English?
Jimmyb is offline  
Old February 23rd, 2015, 05:13 PM   #16
Senior Member
 
Join Date: Jun 2013
Location: Katmandu
Posts: 4,988
Quote:
Originally Posted by goober View Post
Maybe you didn't know this, but Obama wasn't even elected when the deficit was $400 billion, he was elected over a month into fiscal 2009, and didn't take office until nearly a third of fiscal 2009 had passed, until the actual deficit of 1.4 trillion was already locked in, tax rates weren't going to change, spending had already been appropriated and signed into law by Bush.
I'm pretty sure you don't know a whole lot about how the US government works, but now you know something that you apparently didn't know before.
You are correct, when Obama was elected the deficit was $100 billion, not $400, it was $400 billion when Obama took the helm, is the $400 billion is deficit he inherited.

Bush signed Obama's TARP and Stimulus and Afghan Surge into law? Do you own a calendar?
Libertine is offline  
Old February 23rd, 2015, 05:17 PM   #17
Senior Member
 
Join Date: Jun 2013
Location: Katmandu
Posts: 4,988
Quote:
Originally Posted by goober View Post
You are right, Obama didn't cut the deficit in half, he cut it by 2/3.
There was a surplus when Bush took office, despite your inability to read and understand that fact.
I have explained the difference between debt held by the public and public debt so many times that I can only conclude those who still don't understand it are complete idiots...
The largest deficit under GWB was $459 billion, the deficit was $400 billion when Obama took office and Obama cut it in half to $486 billion, according to whitehouse.gov?

Going from $459 billion to $486 billion isn't a 50% cut, it is an increase.

Democrats aren't very good with math, or reality.
Libertine is offline  
Old February 23rd, 2015, 05:22 PM   #18
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 33,646
Quote:
Originally Posted by goober View Post
Obama has cut the deficit in half.
Bush began with a surplus and left with a 1.4 trillion deficit.
Obama began with a 1.4 trillion deficit, this year it's projected to be 468 billion.
Why don't conservatives understand that the debt is a product of the deficit, and a president can raise the deficit, like Reagan, Bush and Bush did or reduce the deficit like Clinton and Obama did.

That's the only effect a president can have on the debt...
If he cut the deficit in 1/2 HOW WAS IT THAT ~9 TRILLION DOLLARS was added to the Debt in 6 years..

You do know that the DEBT is the SUM TOTAL of all deficts.

Remember the DEBT is the SUM TOTAL of all Deficits minus any surplus created.

So explain 9 trillion dollars of DEFICIT SPENDING in the last 6 years.

This is a test.. of the Liberals understanding of government.

And Goober's post shows HE FAILED.
TNVolunteer73 is offline  
Old February 23rd, 2015, 05:26 PM   #19
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 33,646
Quote:
Originally Posted by Camelot View Post
Yes, it would have been nice if Bush had not started two wars (both unpaid for), a Senior Prescription Drug Program (also unpaid for) and cut taxes despite all that new "unpaid for" spending. It would have been nice if Wall Street had not committed the largest financial fraud of our lifetimes just before the man took office. Rethuglican ignorance created the problem and now they blame the black guy rather than admit that their neocon war dreams and voodoo trickle down economics created the problem. TYPICAL.
If the Medicare Drug program is so bad.. why didn't Obama END IT...

so as of 2009.. OBAMA is just as responsible for it as Bush.


9 TRILLION in debt created from 1776-2008 231 years.... 9 trillion dollars of debt created from 2009-2015... 6 years.


So if Bush was unpatriotic for the 4 trillion.

Obama must be Twice as unpatriotic for 9 trillion.. Right?

Last edited by TNVolunteer73; February 23rd, 2015 at 05:31 PM.
TNVolunteer73 is offline  
Old February 23rd, 2015, 05:28 PM   #20
Senior Member
 
Join Date: Jun 2013
Location: Katmandu
Posts: 4,988
Quote:
Originally Posted by Jimmyb View Post
Obama has cut his own deficit in half temporarily.

Bush did not have a surplus, but had to pay back the $300+ billion Clinton borrowed from Social Security to claim a faux surplus.

If debt is a product of the deficit, then explain how Clinton had a surplus and the debt increased at the same time.
Because in the liberals mind borrowed money is the same as income.
Thanks from Jimmyb, TNVolunteer73 and coke
Libertine is offline  
Reply

  Defending The Truth Political Forum > Political Issues > Money and Finance > Debt

Tags
2008, 2015, obama, president



Search tags for this page
Click on a term to search for related topics.
Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Remarks by the President Before Cabinet Meeting, 2/3/2015 The White House The White House 0 February 3rd, 2015 12:10 PM
Letter from the President -- FY 2015 Budget amendments The White House The White House 0 November 10th, 2014 07:10 AM
Letter from the President -- FY 2015 Budget Amendments The White House The White House 0 June 26th, 2014 11:30 AM
Mitt Romney for President 2008 RidinHighSpeeds Politicians 120 July 12th, 2007 09:57 AM
Barbara Boxer for President in 2008 intangible child Political Talk 10 April 28th, 2006 06:02 AM


Facebook Twitter RSS Feed



Copyright © 2005-2013 Defending The Truth. All rights reserved.