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Thread: Obama Hammers Congress: Do Your Job

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by donc View Post


    Carter and Clinton both reduced debt as Percent of GDP.
    no, you said they cut spending to reduce the debt. Spending increased under both those Presidents - and much of the "growth" we saw under Clinton turned out to be fueled by the Tech Bubble.

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by GPS_Flex View Post
    Obama is the last person who has a right to tell congress to do its job. What he means when he says that is “do MY job; I’m busy with more important things”.


    AHHHHhh HAHAHAHAHAHAHA!

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by donc View Post


    You overlooked a couple.

    You need to check your source, I', pretty sure that under Clinton our nation debt rose by 1.5 trillion

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    Re: Obama Hammers Congress: Do Your Job

    it did. but by marking it as "increases" they are measuring the deficits.

    mind you, it's partially bunk - because as per the Constitution of the United States of America, all spending originates in the House of Representatives.

    which means, if you want to track whose been spending:



    now. I'll be the first to agree that Republicans Lost Their Way. But the story isn't quite what he's trying to tell with that graph.

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by cpwill View Post
    no, you said they cut spending to reduce the debt. Spending increased under both those Presidents - and much of the "growth" we saw under Clinton turned out to be fueled by the Tech Bubble.
    The only honest way of measuring spending in today’s dollars is percent of GDP,the graph is right on. Using that as a guideline Clinton, Carter, managed to reduce debt as a percent of GDP.

    When Carter came into office, in 1977, debt/GDP ratio was35.8%. Four years later, when he left, it was 32.5%, down -3.3%.

    Clinton's first term (1993) numbers were 66.1%, at the end of first term (65.4%) down -0.7%.

    Second term numbers = 1993,start= 65.4%. Final = 56.4%, down… -9.0%

    (Clinton turned out to be fueled by the Tech Bubble)
    You might want to check what years the Tech Bubble was running.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by The Barbarian View Post
    You need to check your source, I', pretty sure that under Clinton our nation debt rose by 1.5 trillion
    See post #215.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by MrVicchio View Post
    That's a bright idea, let the President over step his Constitutional boundaries to "deal with" an Emergency...
    Sounds like a high crime or misdemeanor to me. The Democrats a just furious because the American people mandates some sense back into Congress by tossing 63 of them to the curb last November. If they keep it up they might lose all 21 they have up in the Senate Nov 2012.

    In 1993 the cumulative national debt was $4.822 trillion dollars. In 2001 the cumulative national debt was $4.022 trillion dollars. With all that computer and dot com boom in the late 1990's the cumulative national debt only went down $800 Billion or what Obama spent on the stimulus.

    http://www.usatoday.com/money/econom...terstitialskip
    Last edited by Prof. Peabody; 07-03-11 at 06:28 AM.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by donc View Post
    The only honest way of measuring spending in today’s dollars is percent of GDP,the graph is right on. Using that as a guideline Clinton, Carter, managed to reduce debt as a percent of GDP.

    When Carter came into office, in 1977, debt/GDP ratio was35.8%. Four years later, when he left, it was 32.5%, down -3.3%.

    Clinton's first term (1993) numbers were 66.1%, at the end of first term (65.4%) down -0.7%.

    Second term numbers = 1993,start= 65.4%. Final = 56.4%, down… -9.0%



    You might want to check what years the Tech Bubble was running.
    A bubble that burst and led to the recession that began in March 2001, a recession compounded by 9/11. Seems you ignore that President's aren't Kings, Clinton had a GOP Congress that passed much of the Contract with America whereas Obama has a Democrat Congress and has 14.7 million unemployed Americans and added 4 trillion to the debt in less than 3 years. Interesting how you want to focus on the past and ignore the present.

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    Re: Obama Hammers Congress: Do Your Job

    Quote Originally Posted by donc View Post
    I know its hard but try and keep up with the post that I was responding to.
    Translation:
    You understand that the veracity of post was destroyed and you have no way to defend your point.

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    Re: Obama Hammers Congress: Do Your Job

    QUOTE PzKfW

    Translation:
    Translation. Your drive by was too fast for this ole man.


    You understand that the veracity of post was destroyed and you have no way to defend your point.

    Enlighten me how my “post was destroyed “.If it looks good perhaps you and I can resurrect this seldom used forum of DP.


    Battle Grounds and Disputations
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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