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Joe Biden: "It's A Depression For Millions And Millions Of Americans"

Gimmesometruth said:
Wrong, Reagan tripled the debt at a higher rate of increase, the rating on debt came from Congressional actions. The Great Recession was a created during the Bush admin....so under your standards, Bush owns that too.
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It's not my standards, it's how history is written, what happens on a presidents watch is his/her alone. All the statistical data belongs to the president in office at the time. And you can blame congress all you want for this or that. But the fact is the buck stops with the president and what happens on his watch is his to bare. Sorry but that's the way it is.
 
Born Free said:
Nice try on the spin, but lets deal with real numbers, Reagan increase the national debt by approx 1.7 trillion in 8 yrs, Obama increased the national debt by approx 6 trillion in just 4 yrs.

Obama has raised the national debt faster and higher than any president before him.
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Now you are changing your measurement, you went from rate of increase to total. This is not the economy of the past in gross terms....so the rate of increase is the comparable calculation. Reagan increase the debt by 189%, W increased 89%, Obama is at 41%.

National Debt by Presidential Term - per Capita and as Percentage of GDP
 
Born Free said:
It's not my standards, it's how history is written, what happens on a presidents watch is his/her alone. All the statistical data belongs to the president in office at the time. And you can blame congress all you want for this or that. But the fact is the buck stops with the president and what happens on his watch is his to bare. Sorry but that's the way it is.
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Taking another crack at it...fine. Then by that standard, Bush was responsible for 2 recessions....but that isn't my view.
 
Hare said:
No comprehension problems here, I'm not claiming that the labor market has been operating at anywhere near full capacity under Democrat leadership, I'm stating that the numbers you posted were absolutely and empirically false. Your paragraph is simply a deflection.
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Both unemployment measurements show dismal progress since democrats took control o the house and senate. They can run on that if they want but it's probably no a good idea which is why Obama has clung tightly to "its not my fault"
 
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