Re: The GOP Problem...in a Nutshell ( literally and figuratively)
posted at 2/13/2013 2:17 PM EST
In response to WhatDoYouWantNow's comment:
Here`s a fact:
January 20, 2009 U.S. National debt = $9.7 Trillion
February 13, 2013 U.S. National debt = $16.8 Trillion
George Washington through George W. Bush (43 presidents) debt grows to $9.7 Trillion. 4 years of Obama debt grows by $7 Trillion.
In response to tacobreath's comment:
Do your research (honestly)
Knew you couldn't.
No wonder airborne yell at you so much. "Honest" research reveals that even if your 2 trillion tag for Obama is honest, the tag for Bush was far greater.
Iraq: 800+ Billion, plus potentially up to another trillion through 2050 for vets, plus interest on all that debt service
CBO, trusted when bad for Obama, hated when good for him, estimates long term cost at 1.7 trillion for Iraq. That was in 2007.
Afghanistan: 600+ million
Unfunded prescription: Between 400 and 600 billion over 10ish years, take your pick.
"Initially, the net cost of the program was projected at $400 billion for the ten-year period between 2004 and 2013. One month after passage, the administration estimated that the net cost of the program over the period between 2006 (the first year the program started paying benefits) and 2015 would be $534 billion.As of February 2009, the projected net cost of the program over the 2006 to 2015 period was $549.2 billion"
TARP: 25 billion or so, though perhaps more will be recovered.
And of course, Tax cuts, a mortgage crisis (see my quote from Bush in 2002 "everyone must have a home" in the other thread), a financial crisis.......and trillions of revenue gets knocked out.
Add in thousands of our soldiers dead, a hundred thousand civilians dead, far more maimed, the fact he kept his wars off the books.... and...well... you'll stat to see how awful Bush was.
Obama stopped that and started to turn things around. We have a long way to go, no doubt. But he is by far not the "worst" president ever.
To pretend all that stuff isn't still costing us money....disgusting. But expected.
What`s "expected" is your denial of any Obama culpibility. What`s "expected" is your avoidance of the FACTs. Obamacare $1.8 trillion, stimulus $1 trillion, bailouts, financing of private companies, etc,etc, Gotta love how 2000-2008 is "Bush`s fault", 2009-2013 is still "Bush`s fault", and I`m sure that 4 years from now, in your mind, it will still be "Bush`s fault".
Who`s economy did Obama pick up on January 20, 2013?