The Resistance Begins: Rick Scott Announces Florida Won't Take Medicaid Money - Page 6

saltwn · #51 (**permalink**) 07-06-2012, 01:00 AM

Quote:

Originally Posted by Gordon Shumway

treasurydirect.gov

1/19/2001 debt was $5.7 trillion

1/21/2009 debt was $10.6 trillion
--- Bush added $4.9 trillion in his 8 year tenure

7/3/2012 debt was $15.8 trillion
--- Obama added $5.2 trillion thus far

_________________________

But before anyone has a fit i will move the year up one so to begin bush in 2002 and end his tenure in 2010 so he can take the blame for the 2009 budget.

In that case the Bush total for 8 years was $6.4 trillion
And the Obama total for 3 1/2 years thus far would be $3.5 trillion

_________________________

Obama is on pace to exceed the Bush debt if elected for a second term.

What some are trying to argue is...

President A begins with a debt of 5 trillion and adds 5 trillion meaning he increased it 100%
Then president B comes in with a 10 trillion debt and increases it 5 trillion meaning he only increased it by 50%
Then president C comes into a 15 trillion debt and increases it by 5 trillion meaning he increased it by 33%
And then president D comes into a 20 trillion debt and increases it by 5 trillion meaning he increased it by just 25%
Some folks would have you believe that president D didn't increase the debt as much as president A

Number ONE Bush took my damned social security and every other service he could get his hands on to pay for two wars and we still owe money on them.
Next he fingered while Rome was burning and why he doesn't want to be in the limelight is he knows it. He should never have been president. Corps were running the country when he was POS I mean POTUS.
I like the guy but he was a figure head much like RR was and his handlers and politicos handled everything--mishandled it is more like.
Democrats have their hand in the corporate swill too BUT they do throw us a few bones now and again.
Who or whatever controls the GOP lately is not your little friend. not. not-not. NOT.

Gordon Shumway · #52 (**permalink**) 07-06-2012, 01:21 AM

Quote:

Originally Posted by saltwn

Number ONE Bush took my damned social security and every other service he could get his hands on to pay for two wars and we still owe money on them.
Next he fingered while Rome was burning and why he doesn't want to be in the limelight is he knows it. He should never have been president. Corps were running the country when he was POS I mean POTUS.
I like the guy but he was a figure head much like RR was and his handlers and politicos handled everything--mishandled it is more like.
Democrats have their hand in the corporate swill too BUT they do throw us a few bones now and again.
Who or whatever controls the GOP lately is not your little friend. not. not-not. NOT.

You do realize that president obama just stole $500 billion from medicare...right...? And the scotus just said right on...
You also realize that president obama escalated the war in afghanistan costing us more lives than during the bush years...right...? And the left sat silent...
corps run the country under bush but nothing about the insurance corps or the pharm corps or ge or the auto industry setting the agenda of the past 3 1/2 years...?...typical...there's only one bone you're getting from the dems...
As for your figure head and handlers...if you google tinfoil hats you should be able to find a nice one that fits just right.
the funniest thing is how testy you get when the real numbers don't tell the story you want.
again, bush spent too much and so has obama...any other conclusion is dishonest.

Cato · #53 (**permalink**) 07-06-2012, 04:43 AM

Quote:

Originally Posted by Cato

Do what you want in your state. None of my business.

Quote:

Originally Posted by saltwn

Idaho a very conservative state and if they hadn't they would have had to shut down some schools and open some prisons not to mention all state related work would have stopped.
So y'all keep spoutin' that crap about it's communist to take tax dollars and help some body.
You got something in common with Oscar Myer.

Idahoan's can govern themselves without my help.

Xcali · #54 (**permalink**) 07-07-2012, 06:52 AM

Quote:

Originally Posted by Gordon Shumway

again, bush spent too much and so has obama...any other conclusion is dishonest.

I agree that both Bush and Obama spent too much but that's the easy conclusion and only scratches the surface of the truth.

Bush spent too much.. But he didn't have to be spending at all. When he came into office the budget was balanced and we had a projected surplus that would have paid off the debt by 2010... According to the CBO.

Obama took over after the worst economic crisis in 70 years... inherited a 1.3 trillion dollar deficit, two wars, out of control spending on programs created by Bush and trillions of dollars less in revenues. Most of his spending was geared towards slowing the downward spiral we were in when he stepped into office. Obama may be spending but most everything he does manage to get passed is paid for . He's not tacking anything on the credit card like Bush did .

AZRWinger · #55 (**permalink**) 07-07-2012, 10:05 AM

Quote:

Originally Posted by Xcali

I agree that both Bush and Obama spent too much but that's the easy conclusion and only scratches the surface of the truth.

Bush spent too much.. But he didn't have to be spending at all. When he came into office the budget was balanced and we had a projected surplus that would have paid off the debt by 2010... According to the CBO.

Obama took over after the worst economic crisis in 70 years... inherited a 1.3 trillion dollar deficit, two wars, out of control spending on programs created by Bush and trillions of dollars less in revenues. Most of his spending was geared towards slowing the downward spiral we were in when he stepped into office. Obama may be spending but most everything he does manage to get passed is paid for . He's not tacking anything on the credit card like Bush did .

The claim that "everything Obama passed is pretty much paid for" is transparently false. The failed stimulus was 100% debt funded and worse still baked elevated spending into the Federal baseline. Instead of returning TARP moneys to retire debt Obama treated them like a slush fund to bail out auto manufaturers and Fannie & Freddie. A realistic estimate of Obamacare's unfunded costs exceeds $2 trillion.

The sacred CBO you so fondly site as projecting the deficit would be paid off in 2010 has produced estimates that Medicare costs would peak at less than 5% of their current level. Of course they had no way of knowing the generosity of the Federal government with other peoples money just as they could no anticipate the internet bubble or 911. Then there is the Obamacare estimate so fouled with absurd assumptions the CBO wote a disclaimer in the preface.

Xcali · #56 (**permalink**) 07-07-2012, 11:51 AM

Quote:

Originally Posted by AZRWinger

The claim that "everything Obama passed is pretty much paid for" is transparently false. The failed stimulus was 100% debt funded and worse still baked elevated spending into the Federal baseline. Instead of returning TARP moneys to retire debt Obama treated them like a slush fund to bail out auto manufaturers and Fannie & Freddie. A realistic estimate of Obamacare's unfunded costs exceeds $2 trillion.

And I said I agree, Obama has spent some .. But your own projection is a far cry from what the right is trying to credit him with. Suppose you're correct and his unfunded spending reaches 2 trillion dollars. That's about 3.5 trillion less than what Republicans are claiming he spent. The National debt is about to reach 16 trillion. If you take the 2 trillion off that leaves 14 trillion. Take off what it was when Clinton left office and that leaves Bush with a Credit Card bill of roughly 9 trillion dollars. Hardly close enough to claim Obama spent more.

Quote:

Originally Posted by AZRWinger

The sacred CBO you so fondly site as projecting the deficit would be paid off in 2010 has produced estimates that Medicare costs would peak at less than 5% of their current level. Of course they had no way of knowing the generosity of the Federal government with other peoples money just as they could no anticipate the internet bubble or 911. Then there is the Obamacare estimate so fouled with absurd assumptions the CBO wote a disclaimer in the preface.

I never claimed they were perfect and I don't think of them as sacred. And I didn't say anything about the "Deficit" I said the DEBT.... They said the national debt would be paid off. When Clinton left office we had no Deficit.

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