National debt has doubled since financial crisis

  1. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    National debt has doubled since financial crisis

     The federal debt this year will be double what it was before the financial crisis, Congress’ official budget scorekeeper projected Wednesday morning.


     


    The debt is on pace to reach 74 percent of the country’s economic output by the end of the year, double what it was in 2007 and the highest percentage since 1950, according to the Congressional Budget Office.


     


    The agency slightly upped its estimate for the 2014 deficit, which it now expects to total $506 billion, a $170 billion decline from 2013.


     



    That’s lower than the White House’s projection of $649 billion and would be the smallest deficit since 2007.[Yay! That is like a 400 pound man bragging he only gained 50 pounds last year, a lower rate than the 75 pounds the year before....]


     


    For the first time, the CBO expects federal tax revenues to eclipse $3 trillion, compared to $3.5 trillion in total spending. [the appetite of Government is "never enough"...]


     


    Deficits will continue to shrink next year, according to the CBO, lowering the federal debt. But then they’re expected to begin rising again in 2016, eventually bringing the federal debt up to 77 percent of GDP in 2024.


     


    Nice job, that; both Republican and Democrat proposed budgets always give us the short term goodies, and defer the pain till years later.


     


    That debt trajectory will have serious consequences if unaddressed, the CBO warns, including “restraining economic growth” and “eventually increasing the risk of a fiscal crisis.”


     


    Naw, nothing to worry about....We have plenty of working stiffs bearing the burden of paying taxes...oops, except the "100 Million Now Receiving Federal Welfare"(NOT including Social Security)...but Pelosi told us all those 46 million getting food stamps will stimulate the economy....


     


    No worries, all is well in Obama's America, they are really really concerned about Government spending ....though admittedly they are concerned Government hasnt yet sucked every dime from the productive private sector, to pay for the public sector's incredibly unsustainable fat pensions...


     


    http://washingtonexaminer.com/national-debt-has-doubled-since-financial-crisis-budget-office/article/2552493#!" rel="nofollow">http://washingtonexaminer.com/national-debt-has-doubled-since-financial-crisis-budget-office/article/2552493" rel="nofollow">http://washingtonexaminer.com/national-debt-has-doubled-since-financial-crisis-budget-office/article/2552493#!


     


     

     
  2. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

     
  3. You have chosen to ignore posts from NowWhatDoYouWant. Show NowWhatDoYouWant's posts

    Re: National debt has doubled since financial crisis

    Well, let's just cross our fingers and hope the GOP manages to start running moderate GOPers without social conservative issues, who can work with Democrats.


    In the atmosphere of the last several years, we've had Democrats who don't care and far right conservatives putting forth extremist proposals Democrats wouldn't ever swallow, simply to play to the base. And we've got a President who simply gives a speech and expects congress to go ahead and put together something like the stuff he said.


    Should Obama have put together specific spending-reduction budgets? Yes.


    Does that excuse the House for not also putting together spending-reduction budgets Democrats might actually work on? No.


     


     


    I'm sick of hearing this all-or-nothing nonsense that assumes it's all supposed to be a zero sum game.

     
  4. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: National debt has doubled since financial crisis

    In response to high-road's comment:
    [QUOTE]

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

    [/QUOTE]

    Is there a point in there somewhere???

     
  5. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to FortySixAndTwo's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

    [/QUOTE]

    Is there a point in there somewhere???

    [/QUOTE]


    Prolly too obvious for you to comprehend.

     
  6. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to NowWhatDoYouWant's comment:


    Well, let's just cross our fingers and hope the GOP manages to start running moderate GOPers without social conservative issues, who can work with Democrats.


     


    In the atmosphere of the last several years, we've had Democrats who don't care and far right conservatives putting forth extremist proposals Democrats wouldn't ever swallow, simply to play to the base. And we've got a President who simply gives a speech and expects congress to go ahead and put together something like the stuff he said.


     


    Should Obama have put together specific spending-reduction budgets? Yes.


     


    Does that excuse the House for not also putting together spending-reduction budgets Democrats might actually work on? No.


     


     


     


     


     


    I'm sick of hearing this all-or-nothing nonsense that assumes it's all supposed to be a zero sum game.



    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  So , there you go, we have a slew of "moderates" ....when we can find more than one Joe Manchin on the Democratic side, let us know... 


    Instead , we have a socialist kook running for the Dems in Montana, an elected socialist in Vermont, and have the likes of extremist Liz Warren and dictator Harry Reid to deal with....


     "extremist proposals Democrats wont swallow"....clearly means any proposal to limit the unending growth of the Nanny State...   

     
  7. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:


    In response to NowWhatDoYouWant's comment:
    [QUOTE]


    Well, let's just cross our fingers and hope the GOP manages to start running moderate GOPers without social conservative issues, who can work with Democrats.


     


    In the atmosphere of the last several years, we've had Democrats who don't care and far right conservatives putting forth extremist proposals Democrats wouldn't ever swallow, simply to play to the base. And we've got a President who simply gives a speech and expects congress to go ahead and put together something like the stuff he said.


     


    Should Obama have put together specific spending-reduction budgets? Yes.


     


    Does that excuse the House for not also putting together spending-reduction budgets Democrats might actually work on? No.


     


     


     


     


     


    I'm sick of hearing this all-or-nothing nonsense that assumes it's all supposed to be a zero sum game.



    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  So , there you go, we have a slew of "moderates" ....when we can find more than one Joe Manchin on the Democratic side, let us know... 


    Instead , we have a socialist kook running for the Dems in Montana, and have the likes of Liz Warren and Harry Reid to deal with....


     


    "extremist proposals Democrats wont swallow"....clearly means any proposal to limit the unending growth of the Nanny State...   


    [/QUOTE]


    Just curious ... what was your excuse when the wingnuts took a $128 billion surplus and turned it into a $1.4 TRILLION dollar defecit within 8 yrs?


    So far the deficit has fallen from $1.4 trillion in 2009 to $649 billion in 2014. That's more than a 60% reduction in the deficit in just 5 yrs.

     
  8. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to high-road's comment:
    [QUOTE]

    In response to FortySixAndTwo's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

    [/QUOTE]

    Is there a point in there somewhere???

    [/QUOTE]


    Prolly too obvious for you to comprehend.

    [/QUOTE]

    What is obvious is you got nothing to contribute, ever...you never address the issue at hand, just throw in some childish namecalling about "Baby Bush" or "Darth" Cheney...and spew about GOP "hypocrites"...

     
  9. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    In response to FortySixAndTwo's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

    [/QUOTE]

    Is there a point in there somewhere???

    [/QUOTE]


    Prolly too obvious for you to comprehend.

    [/QUOTE]

    What is obvious is you got nothing to contribute, ever...you never address the issue at hand, just throw in some childish namecalling about "Baby Bush" or "Darth" Cheney...and spew about GOP "hypocrites"...

    [/QUOTE]


    Heh, heh, heh ... it's hilarious when you suddenly develop such delicate sensibilities ... especially funny when you do it in a thread where you're name-calling at libruls ... but I'm sure that's okay.

     

     
  10. You have chosen to ignore posts from NowWhatDoYouWant. Show NowWhatDoYouWant's posts

    Re: National debt has doubled since financial crisis

    Another thing to remember: A good chunk of the additional debt was due to revenue getting creamed.

    Now that the economy is finally starting to get back into something that looks like shape, we have a projected yearly deficit of what? $649 billion?

    It's still way more than I want to see, and a good deal over Bush's (except for his last fiscal year which was 1.4 trillion), but....not the 1+ trillion we saw for a while.

    It has started to get better. Now to the trimming. Including defense spending.

     
  11. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    Obama and the Democrat Congress are largely responsible for the $1.4 trillion in 2009 ; use your usual trickery of giving Bush the total blame for the 2009 budget...doesnt matter, anyway.


    Even excluding the 2009 deficit, which Obama’s dwindling number of shock troops falsely attribute entirely to George W. Bush, that leaves Obama with a four-year average deficit of $1.153 trillion.  Include the 2009 deficit, two-thirds of which occurred after he was inaugurated, and his average rises to $1.231 trillion.  To provide additional context, the eight-year average Bush deficit that Obama labeled “unpatriotic” was just $297 billion.  Even being charitable to Obama by removing the 2001 budget surplus from Bush’s tally and adding the entire 2009 deficit to it, he still averaged just $511 billion. 


    In other words, even in its most unfairly charitable light, Obama’s average deficit is more than double that of his all-purpose scapegoat predecessor. 


     


    Again, the "cut" in size of deficit only looks good in comparison to the outrageous expansion of the first Obama term...the equivalent of a man gaining 200 pounds in one year , then bragging the next year about how his "rate of weight gain" has been cut in half..

     
  12. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:


    In response to high-road's comment:


    In response to ComingLiberalCrackup's comment:

    In response to NowWhatDoYouWant's comment:
    [QUOTE]


    Well, let's just cross our fingers and hope the GOP manages to start running moderate GOPers without social conservative issues, who can work with Democrats.

    In the atmosphere of the last several years, we've had Democrats who don't care and far right conservatives putting forth extremist proposals Democrats wouldn't ever swallow, simply to play to the base. And we've got a President who simply gives a speech and expects congress to go ahead and put together something like the stuff he said.


    Should Obama have put together specific spending-reduction budgets? Yes.

    Does that excuse the House for not also putting together spending-reduction budgets Democrats might actually work on? No.


    I'm sick of hearing this all-or-nothing nonsense that assumes it's all supposed to be a zero sum game.

     


    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  So , there you go, we have a slew of "moderates" ....when we can find more than one Joe Manchin on the Democratic side, let us know... 
     
    Instead , we have a socialist kook running for the Dems in Montana, and have the likes of Liz Warren and Harry Reid to deal with....

    "extremist proposals Democrats wont swallow"....clearly means any proposal to limit the unending growth of the Nanny State...   




    Just curious ... what was your excuse when the wingnuts took a $128 billion surplus and turned it into a $1.4 TRILLION dollar defecit within 8 yrs?


    So far the deficit has fallen from $1.4 trillion in 2009 to $649 billion in 2014. That's more than a 60% reduction in the deficit in just 5 yrs.





    Obama is largely responsible for the 1.4 billion in 2009 ; the usual trickery of giving Bush the total blame for the 2009 budget...doesnt matter, anyway.


    Even excluding the 2009 deficit, which Obama’s dwindling number of shock troops falsely attribute entirely to George W. Bush, that leaves Obama with a four-year average deficit of $1.153 trillion.  Include the 2009 deficit, two-thirds of which occurred after he was inaugurated, and his average rises to $1.231 trillion.  To provide additional context, the eight-year average Bush deficit that Obama labeled “unpatriotic” was just $297 billion.  Even being charitable to Obama by removing the 2001 budget surplus from Bush’s tally and adding the entire 2009 deficit to it, he still averaged just $511 billion. 


     


    In other words, even in its most unfairly charitable light, Obama’s average deficit is more than double that of his all-purpose scapegoat predecessor. 


     


    [/QUOTE]


    I don't care what the 'average' is ... a person can drown in a river with an 'average' depth of 6 inches.


    I want to know where the deficit was when PotUS entered office and where it was when he left ... or now.


    In other words I want to know in which direction the administration is moving the deficit ... you know 'results'.


    What do your numbers say about that?


     


     

     
  13. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

     

    [/QUOTE]
    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  

    [/QUOTE]

    Your senator lost to a TP candidate.  

     
  14. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to high-road's comment:


    In response to ComingLiberalCrackup's comment:
    [QUOTE]


    In response to high-road's comment:
    [QUOTE]


    In response to ComingLiberalCrackup's comment:


     


     


    In response to NowWhatDoYouWant's comment:
    [QUOTE]


     


    Well, let's just cross our fingers and hope the GOP manages to start running moderate GOPers without social conservative issues, who can work with Democrats.


     


     


     


    In the atmosphere of the last several years, we've had Democrats who don't care and far right conservatives putting forth extremist proposals Democrats wouldn't ever swallow, simply to play to the base. And we've got a President who simply gives a speech and expects congress to go ahead and put together something like the stuff he said.


     


     


     


    Should Obama have put together specific spending-reduction budgets? Yes.


     


     


     


    Does that excuse the House for not also putting together spending-reduction budgets Democrats might actually work on? No.


     


     


     


     


     


     


     


     


     


     


     


    I'm sick of hearing this all-or-nothing nonsense that assumes it's all supposed to be a zero sum game.


     


     



    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  So , there you go, we have a slew of "moderates" ....when we can find more than one Joe Manchin on the Democratic side, let us know... 


     


     


    Instead , we have a socialist kook running for the Dems in Montana, and have the likes of Liz Warren and Harry Reid to deal with....


     


     


     


    "extremist proposals Democrats wont swallow"....clearly means any proposal to limit the unending growth of the Nanny State...   


     





    Just curious ... what was your excuse when the wingnuts took a $128 billion surplus and turned it into a $1.4 TRILLION dollar defecit within 8 yrs?


     


    So far the deficit has fallen from $1.4 trillion in 2009 to $649 billion in 2014. That's more than a 60% reduction in the deficit in just 5 yrs.


    [/QUOTE]


    Obama is largely responsible for the 1.4 billion in 2009 ; the usual trickery of giving Bush the total blame for the 2009 budget...doesnt matter, anyway.


    Even excluding the 2009 deficit, which Obama’s dwindling number of shock troops falsely attribute entirely to George W. Bush, that leaves Obama with a four-year average deficit of $1.153 trillion.  Include the 2009 deficit, two-thirds of which occurred after he was inaugurated, and his average rises to $1.231 trillion.  To provide additional context, the eight-year average Bush deficit that Obama labeled “unpatriotic” was just $297 billion.  Even being charitable to Obama by removing the 2001 budget surplus from Bush’s tally and adding the entire 2009 deficit to it, he still averaged just $511 billion. 


    In other words, even in its most unfairly charitable light, Obama’s average deficit is more than double that of his all-purpose scapegoat predecessor. 


    [/QUOTE]


    I don't care what the 'average' is ... a person can drown in a river with an 'average' depth of 6 inches.


    I want to know where the deficit was when PotUS entered office and where it was when he left ... or now.


    In other words I want to know in which direction the administration is moving the deficit.


    [/QUOTE]

    The deficit is moving up a ridiculous amount every year under Obama....the outrageous increases in his first term allow for a laughable claim of a "cut" in the rate of increase now...


    Kind of like a man gaining 200 pounds in a year to 400 pounds, then at 500 pounds, bragging about how his "rate of increase " was cut in half...the man will die soon enough...as will our economy under the enormous debt and expanding spending of Government...

     
  15. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:



    Obama is largely responsible for the 1.4 billion in 2009 ; the usual trickery of giving Bush the total blame for the 2009 budget...doesnt matter, anyway.


    Even excluding the 2009 deficit, which Obama’s dwindling number of shock troops falsely attribute entirely to George W. Bush, that leaves Obama with a four-year average deficit of $1.153 trillion.  Include the 2009 deficit, two-thirds of which occurred after he was inaugurated, and his average rises to $1.231 trillion.  To provide additional context, the eight-year average Bush deficit that Obama labeled “unpatriotic” was just $297 billion.  Even being charitable to Obama by removing the 2001 budget surplus from Bush’s tally and adding the entire 2009 deficit to it, he still averaged just $511 billion. 


    In other words, even in its most unfairly charitable light, Obama’s average deficit is more than double that of his all-purpose scapegoat predecessor. 



    I don't care what the 'average' is ... a person can drown in a river with an 'average' depth of 6 inches.


    I want to know where the deficit was when PotUS entered office and where it was when he left ... or now.


    In other words I want to know in which direction the administration is moving the deficit.


     


    The deficit is moving up a ridiculous amount every year under Obama....the outrageous increases in his first term allow for a laughable claim of a "cut" in the rate of increase now...


    Kind of like a man gaining 200 pounds in a year to 400 pounds, then at 500 pounds, bragging about how his "rate of increase " was cut in half...





    Ha-Ha-Ha


    Now you're just outright lying again ... sigh, I would expect nothing less.


    Are you saying that the deficit isn't 40% of what it was in 2009 when this admin took office?

     
  16. You have chosen to ignore posts from NowWhatDoYouWant. Show NowWhatDoYouWant's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:


    The deficit is moving up a ridiculous amount every year under Obama....the outrageous increases in his first term allow for a laughable claim of a "cut" in the rate of increase now...


    Kind of like a man gaining 200 pounds in a year to 400 pounds, then at 500 pounds, bragging about how his "rate of increase " was cut in half...




    Increasing? INCREASING?


     


    fiscal year deficits


     


    http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/


     


     


    As it usually does each spring, CBO has updated the baseline budget projections that it released earlier in the year. CBO now estimates that if the current laws that govern federal taxes and spending do not change, the budget deficit in fiscal year 2014 will be $492 billion. Relative to the size of the economy, that deficit—at 2.8 percent of gross domestic product (GDP)—will be nearly a third less than the $680 billion shortfall in fiscal year 2013, which was equal to 4.1 percent of GDP. This will be the fifth consecutive year in which the deficit has declined as a share of GDP since peaking at 9.8 percent in 2009 (see the figure below).


    http://www.cbo.gov/publication/45229


     


     


     


    To review:


     


    2012: 1.1 trillion


    2013: 680 billion


    2014: 492 billion


     


    Bad, but not increasing unless your math got fuzzy and accidentally drank the whole vial of LSD.


     

     
  17. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: National debt has doubled since financial crisis

    Our debt and deficits are mainly the result of:  Bush's disastrous tax cuts, Neo-con military adventurism run amok...and the recession that these 2 failed ideologies left in their wake.

     
  18. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to NowWhatDoYouWant's comment:


    In response to ComingLiberalCrackup's comment:



    The deficit is moving up a ridiculous amount every year under Obama....the outrageous increases in his first term allow for a laughable claim of a "cut" in the rate of increase now...


     


     


    Kind of like a man gaining 200 pounds in a year to 400 pounds, then at 500 pounds, bragging about how his "rate of increase " was cut in half...


     


     




    Increasing? INCREASING?


     


     


     


     


    fiscal year deficits


     


     


     


    http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/" rel="nofollow">http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/" rel="nofollow">http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/


     


     


     


     


     


    As it usually does each spring, CBO has updated the baseline budget projections that it released earlier in the year. CBO now estimates that if the current laws that govern federal taxes and spending do not change, the budget deficit in fiscal year 2014 will be $492 billion. Relative to the size of the economy, that deficit—at 2.8 percent of gross domestic product (GDP)—will be nearly a third less than the $680 billion shortfall in fiscal year 2013, which was equal to 4.1 percent of GDP. This will be the fifth consecutive year in which the deficit has declined as a share of GDP since peaking at 9.8 percent in 2009 (see the figure below).


     


    http://www.cbo.gov/publication/45229" rel="nofollow">http://www.cbo.gov/publication/45229" rel="nofollow">http://www.cbo.gov/publication/45229


     


     


     


     


     


     


     


    To review:


     


     


     


    2012: 1.1 trillion


     


    2013: 680 billion


     


    2014: 492 billion


     


     


     


    Bad, but not increasing unless your math got fuzzy and accidentally drank the whole vial of LSD.


     


     





    Great news! The 500 pound Uncle Sam is now bragging about how he only gained 30 pounds last year. That is a decrease in his rate of increase....time to party!


    1) under current projections , the deficit amounts will start increasing massively in 2016, how convenient !


    2) the debt is increasing every year.... a sane budget would actually "cut", that is, decrease the national debt....


    3) the insane  1.4 trillion deficit in 2009 is now used as a trick to fool the gullible into thinking a 492 billion dollar deficit is just peachy keen, great news... 


     

     
  19. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to UserName9's comment:
    [QUOTE]

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

     

    [/QUOTE]
    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  

    [/QUOTE]

    Your senator lost to a TP candidate.  

    [/QUOTE]

    Who was that?

     
  20. You have chosen to ignore posts from hypertext. Show hypertext's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    In response to FortySixAndTwo's comment:
    [QUOTE]

    In response to high-road's comment:
    [QUOTE]

    V.P. Darth Cheney : "Reagan proved deficits don't matter."

    [/QUOTE]

    Is there a point in there somewhere???

    [/QUOTE]


    Prolly too obvious for you to comprehend.

    [/QUOTE]

    What is obvious is you got nothing to contribute, ever...you never address the issue at hand, just throw in some childish namecalling about "Baby Bush" or "Darth" Cheney...and spew about GOP "hypocrites"...

    [/QUOTE]

    Said "ComingLiberalCrackup" 

     
  21. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

    In response to UserName9's comment:
    [QUOTE]

    In response to ComingLiberalCrackup's comment:
    [QUOTE]

     Eric Cantor

    [/QUOTE]
    Well, every GOP Senate candidate who was challenged in a primary by a supposed "Tea Party" candidate, defeated said Tea Party candidate.  

    [/QUOTE]

    Your senator lost to a TP candidate.  

    [/QUOTE]

    Who was that?

    [/QUOTE]

    my apologies....I thought Eric Cantor was a Senator when i typed that.

     
  22. You have chosen to ignore posts from NowWhatDoYouWant. Show NowWhatDoYouWant's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:


    Great news! The 500 pound Uncle Sam is now bragging about how he only gained 30 pounds last year. That is a decrease in his rate of increase....time to party



    '
    Hold it right there mister.


    2012: 1.1 trillion


    2013: 680 billion


    2014: 492 billion


     


    680 is smaller than 1,100.


    492 is smaller than 680.


    These are DECREASES in the annual deficit. They are not increases. Therefore they cannot be "decreases in the rate of increase".


    Because they are just, plain, simply, DE-CREA-SES


     


     


    Your maneuver is to move the goalpost from DEFICIT to TOTAL DEBT. Well if that's your complaint, it means you should hate every President except Clinton.


    Scroll up and read chart again.


     

     
  23. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:


    Great news! The 500 pound Uncle Sam is now bragging about how he only gained 30 pounds last year. That is a decrease in his rate of increase....time to party!


    1) under current projections , the deficit amounts will start increasing massively in 2016, how convenient !


    2) the debt is increasing every year.... a sane budget would actually "cut", that is, decrease the national debt....


    3) the insane  1.4 trillion deficit in 2009 is now used as a trick to fool the gullible into thinking a 492 billion dollar deficit is just peachy keen, great news... 




    The insane 1.4 trillion deficit was neatly placed in a brown paper bag, gently lowered upon Obama's doorstep and lit on fire by the very people you seem to look to as savior.


     

     
  24. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: National debt has doubled since financial crisis

    In response to slomag's comment:



     




    In response to ComingLiberalCrackup's comment:




     




     




    Great news! The 500 pound Uncle Sam is now bragging about how he only gained 30 pounds last year. That is a decrease in his rate of increase....time to party!




     




    1) under current projections , the deficit amounts will start increasing massively in 2016, how convenient !




     




    2) the debt is increasing every year.... a sane budget would actually "cut", that is, decrease the national debt....




     




    3) the insane  1.4 trillion deficit in 2009 is now used as a trick to fool the gullible into thinking a 492 billion dollar deficit is just peachy keen, great news... 




     




     




     




     





    The insane 1.4 trillion deficit was neatly placed in a brown paper bag, gently lowered upon Obama's doorstep and lit on fire by the very people you seem to look to as savior.




     



     


     


    Facts vs delusions about the 2009 budget...


     


    Fact: In his last months as President, Bush was negotiating with a Democratic Congress. The Bush 2009 budget request asked for considerably less money than we actually spent.


     


    Fact: Bush proposed a $3.1 trillion dollar budget. The Dem Congress enacted a $3.5 trillion dollar budget.


     


    Fact: Obama actually signed the last part of the budget in March 2009.
    Obama and the Dems were salivating to spend more, including the outrageous trillion dollar stimulus...

     
  25. You have chosen to ignore posts from high-road. Show high-road's posts

    Re: National debt has doubled since financial crisis

    In response to ComingLiberalCrackup's comment:




    Great news! The 500 pound Uncle Sam is now bragging about how he only gained 30 pounds last year. That is a decrease in his rate of increase....time to party!

    1) under current projections , the deficit amounts will start increasing massively in 2016, how convenient !


    2) the debt is increasing every year.... a sane budget would actually "cut", that is, decrease the national debt....

    3) the insane  1.4 trillion deficit in 2009 is now used as a trick to fool the gullible into thinking a 492 billion dollar deficit is just peachy keen, great news... 



    So let's use your 'fat man' analogy:


    So the 'fat man' gets put on a diet after gorging himself on all the empty calories of WW2.


    From about 1950 up to, and including 1980, the 'fat man' was losing weight every single year, considerable weight in fact. In that time frame of 30 yrs his weight went from 120% of GDP down to less than 30% ... a remarkable weight loss.


    And then Ronnie-raygun took office and he threw out the diet plan. Of course the obvious happened, the now svelte man became the 'fat man' again. In the 12 yrs of the two wingnut administration the 'fat man' put on a hefty 35% of GDP to ballon to 65% of GDP. In that short time the 'fat man' DOUBLED his weight again.


    In 1992 Clinton took office and the 'fat man' went on another diet. In eight years the 'fat man' lost another 20% of his weight, going from 65% of GDP down to about 50% of GDP and was again heading in the right direction ... losing weight.


    What happened next? What got the 'fat man' gaining weight again?


    You guessed it, another wingnut was elected and again the diet was thrown out and again the 'fat man' began to balloon. This time the 'fat guy' gained weight at a furious pace, at a pace not seen since WW2.


    In 8 yrs the 'fat man' went from 50% of GDP to over 80% of GDP, an astounding weight gain by any previous standard, and was set on a trajectory of higher and higher weight gain.


    Then Obama was elected. He inherited a patient that was gaining weight so fast he was developing diabetes. In the first term the 'fat man's' diet was changed to control the diabetes, It worked, he went from eating $1.4 trillion in calories down to $600 billion in calories, a 60% reduction in calories. Although this doesn't solve his weight problem, it does put him on a healthier diet than he was on before. And as every doctor will tell you, it's downright dangerous to the health of the patient to abruptly change their diet and try to starve them to lose weight. It will disrupt their metabolism with far reaching and long-term adverse consequences to the health of the patient.


    And that is where we stand now.


    Here's a helpful graph to illustrate the journey of the 'fat man'.


     


     


     


    debt

     

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