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Of The Last 2 Presidents, Which Has Caused More National Debt?

ProVega 2012/05/21 20:04:32
Bush
President Barack Obama
None of the above
You!
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Anyone running for office on the Bush fiscal policies should have this etch-a-sketched onto their speaker’s notes

Debt

Note: these numbers assume National Debt as of 1 year ago. Hence, they don’t show expected peace dividends from the Iraq and Afghanistan wars, or revised economic growth projections, and it assumes the Bush tax cuts will be renewed in their entirety.
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  • gvc 2012/05/22 00:46:03
    President Barack Obama
    gvc
    Obumbler, hands down!
  • pops 2012/05/21 22:26:18
    President Barack Obama
    pops
    A typical liberal trick,show part of a problem instead of the real problems.Bush 4 trillion in 8 yrs. Barry 8 trillion in 31/2 yrs. ck. fact checkers .com never mind libs don't want to know the truth. OMG
  • Lady Whitewolf 2012/05/21 20:45:41
    Bush
    Lady Whitewolf
    And Daddy Bush
  • Roger47 2012/05/21 20:35:13
    Bush
    Roger47
    +1
    The economy crashed under Bush. And the only way to get the economy going is deficit spending. Austerity does not work, as Europe is finding. And Republicans want us to copy them!
  • Lady Wh... Roger47 2012/05/21 20:46:01
    Lady Whitewolf
    SO agree
  • kmay 2012/05/21 20:18:39
    President Barack Obama
    kmay
  • kmay kmay 2012/05/21 20:24:54
  • Disside... kmay 2012/05/21 20:27:35
    DissidentRage
    You just wanted to have your pants pulled down in front of the class, didn't you?



    http://www.politifact.com/tru...
  • kmay Disside... 2012/05/21 20:38:39
    kmay
    "Romney said that Obama "is on track to have added so much debt to this country, that by the end of his first term, he will have added as much debt as all the prior presidents of this country combined." We rated the statement Mostly True."
  • Disside... kmay 2012/05/21 20:45:16 (edited)
    DissidentRage
    +1
    Huzzah for quote mining! Read the entirety of the article, cherry-picker.
  • kmay Disside... 2012/05/22 11:45:36 (edited)
    kmay
    Obviously, you didn't!!!
  • Disside... kmay 2012/05/25 19:06:33
    DissidentRage
    I did, start to finish.

    It's also important to note that financial policy is inherited. Debt and the mechanisms causing it didn't suddenly nullify once Obama took office. Every President for the past few decades has added more spending to their predecessor's financial policy. Guess who added more than any other President, accounting for terms? (Hint: Obama added the least)
  • kmay Disside... 2012/05/25 19:23:16
    kmay
    Adding to it exponentially is on Obama!

    adding exponentially obama
  • Disside... kmay 2012/05/25 19:42:07 (edited)
    DissidentRage
    And guess why that debt got high?

    Bush's (both), Reagan's, etc. tax cuts for the wealthy, meant to spur "job creators" into creating jobs. The only thing is, it resulted in no American jobs. Instead, they were influenced to send more jobs overseas and to pocket the cash they got. Plus they already take advantage of loopholes so that many of them not only avoid income taxes altogether, they actually get substantial refunds come tax season!

    So yeah, in the most flat way of looking at it, "Obama" incurred a debt. But it's the debt caused by the expenditures of his predecessors (like a war we shouldn't have started in the FIRST place, just so that defense contractors could make a fortune) and the lack of money returning to pay for it.

    You want to know why the debt is where it is? It's because the filthy rich want something for nothing, and they've tricked the American people out of holding them accountable for the things we hold each other accountable for every day by dangling prosperity in their face. There are only two reasons you would follow their line of thinking: because you're already a maniacal, manipulative money-hoarder looking out for your own bank account, or because you're greedy and incapable of thinking for yourself, too blinded by your own desire for immense pro...

    And guess why that debt got high?

    Bush's (both), Reagan's, etc. tax cuts for the wealthy, meant to spur "job creators" into creating jobs. The only thing is, it resulted in no American jobs. Instead, they were influenced to send more jobs overseas and to pocket the cash they got. Plus they already take advantage of loopholes so that many of them not only avoid income taxes altogether, they actually get substantial refunds come tax season!

    So yeah, in the most flat way of looking at it, "Obama" incurred a debt. But it's the debt caused by the expenditures of his predecessors (like a war we shouldn't have started in the FIRST place, just so that defense contractors could make a fortune) and the lack of money returning to pay for it.

    You want to know why the debt is where it is? It's because the filthy rich want something for nothing, and they've tricked the American people out of holding them accountable for the things we hold each other accountable for every day by dangling prosperity in their face. There are only two reasons you would follow their line of thinking: because you're already a maniacal, manipulative money-hoarder looking out for your own bank account, or because you're greedy and incapable of thinking for yourself, too blinded by your own desire for immense prosperity to see that all of this is an illusion to distract you from the fact that it's all for show and that you will never have it.

    The American Dream is dead and has been for 50 years. It's time you wake up.
    (more)
  • kmay Disside... 2012/05/26 11:40:34
    kmay
    Blah, blah, blah....not all Bush's fault.
  • Disside... kmay 2012/05/31 14:52:10
    DissidentRage
    I know, I know... "facts" and "logic." Why bother when you can be both morally bankrupt and intellectually dishonest?
  • kmay Disside... 2012/05/31 20:31:06
    kmay
    Such is yourself!
  • Disside... kmay 2012/05/31 21:30:23
    DissidentRage
    Sure. I'll not entertain you further until you bring an argument with substance that isn't a typical republican talking point.
  • kmay Disside... 2012/06/01 11:33:03
    kmay
    And you do the same!
  • ProVega kmay 2012/05/21 20:56:27
    ProVega
    Great graphics. Got any proof?
  • Nawjoo 2012/05/21 20:08:26
    None of the above
    Nawjoo
    How is this an opinionated question?
  • Cuppajo 2012/05/21 20:08:21
    None of the above
    Cuppajo
    "Projections" to 2019 are to be more precise, "guesses".

    Any number of things could happen that could shoot these "projections" right out of the sky.

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