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United States loses its AAA Credit rating from S & P

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What is sad is how Obama supporters have such low standards and ignore the record 2 1/2 years after he took office still claiming he inherited what he has created. Looks like you are among the 39% that still support Obama.


Even sadder are the Conservatives who resist admitting that Bush got the country where it is, and just want to blame Obama for the mess their Republican policies put us in. Obama has spent less than Bush, but getting conservatives to admit it is beyond what they are capable - they can't admit the truth!

Looks like you are among the 22% that still support Bush!
 
Let me help you here with actual dollar amounts

Federal Income taxes per year and that has nothing to do with Payroll taxes which are a separate line item

2000 2202.8
2001 2163.7
2002 2002.1
2003 2047.9
2004 2213.2
2005 2546.8
2006 2807.4
2007 2951.2
2008 2790.3

If you are so concerned about tax revenue then take the advice given to Warren Buffet, send in a contribution to the govt. Are you sending your Bush tax cut back each month? Interesting how liberals are always so concerned about revenue going to the govt which just confirms what I always knew, Democrats want to keep people dependent and the best way to do that is take more money out of the pockets of the taxpayers so liberals have the money to spend and not the taxpayers


I can't believe you are still peddling that BS. I remember debunking that argument a long time ago - and yet you continue to spew it out! Unbelievable.

The same thing can be said to conservatives that are so intent on preserving the tax cuts for the wealthy. Why don't you send the wealthy your paycheck, and let the rest of us not have to fork it out of ours.
 
OK you know what got us here? 30+ years of out of control deficits. Let's be fair, and admit that the budget crisis and downgrade are not something that suddenly came up in the last 3 years. Therefore, the people to blame are: Reagan, Bush, Clinton, Bush, Obama, O'Neill, Gingrich, Pelosi, Boehner... (I'm sure I'm missing some Speakers in there).
 
The one term Marxist president Obama? Yes. He has to go.

Have you heard that he has granted illegal aliens amnesty? He is halting all deportation proceedings against individuals meeting certain conditions. So the Kenyan tyrant needs to go back to Kenya.

That is sooooooooooo stupid. You know I really DO want to like conservatives but everytime I read dumb-ass crap like this it just makes me want to vote for Obama just to piss off people that makes lame-ass comments like "the kenyan tyrant".

Actually are you a sock puppet? Someone else use to say ignorant crap like that but was banned if I remember correctly.
 
Ben Stein offers Rick Perry an economics lesson - CBS News

One of the measures the Fed is using is to increase the money supply or what Gov. Perry would call "printing money."

Typically this is a helpful move, although not lately. It's not a radical move. It's not anywhere near a

"treasonous" move.

It is not at all clear that in an economy as weak as ours that creating more money would cause inflation.

The idea is to make money cheaper so businesses will borrow and then invest.

Frankly, once again, it has not worked so far. But it is an orthodox, classic move.

It is a move by a man, Ben Bernanke, who wants to help his country recover. To call Dr Bernanke - a patriot doing his best for his country - "treasonous" is a serious mistake.
 
Even sadder are the Conservatives who resist admitting that Bush got the country where it is, and just want to blame Obama for the mess their Republican policies put us in. Obama has spent less than Bush, but getting conservatives to admit it is beyond what they are capable - they can't admit the truth!

Looks like you are among the 22% that still support Bush!

How did Bush with a Democrat Congress in control of the legislative process and purse strings cause we we are facing today, 2 1/2 years after Obama took office? Democrats took total control of Congress in January 2007 or did you forget? Don't blame you from diverting from that fact
 
Bush with a Democrat Congress in control of the legislative process and purse strings

The budgets weren't balanced when he had a Republican Congress either. You'd think that if ONE party knew all the answers and didn't let deficits get out of control, that ONE party would have produced a balanced budget when given control of Congress and the White House and controlled all of the strings. But they didn't. If they did, I'd say you have a point.
 
The budgets weren't balanced when he had a Republican Congress either. You'd think that if ONE party knew all the answers and didn't let deficits get out of control, that ONE party would have produced a balanced budget when given control of Congress and the White House and controlled all of the strings. But they didn't. If they did, I'd say you have a point.

Not once did we have a trillion dollar deficit with a Republican Congress and since Democrats have talken control we had three in a row.
 
When do liberals, and Obama ever get held accountable....That is a nice word isn't it, but only when you are speaking of the other guy.....


j-mac

Well, it took 8 years to move from basically break-even annual deficits to $1.1T in annual deficits. It is a bit difficult to turn that around in just a couple of years.

Obama did not cause the problems, but at some point he is accountable for fixing them.
 
Not once did we have a trillion dollar deficit with a Republican Congress and since Democrats have talken control we had three in a row.

Let's not be disingenuous. Though you are factually correct, you know the $1T annual deficits are not the result of anything the Democrats did since "gaining control" of congress in 2007. If you think otherwise, kindly let us know what pieces of legislation passed by this congress (or legislation that should have been passed, but was not) that created these deficits. You can't.

Let's refrain from the Sean Hannity style of being trite and flash some of your intelligence. There is plenty of good discussion and finger pointing that can be had... this assertion, though is shallow and intellectually dishonest.
 
Let's not be disingenuous. Though you are factually correct, you know the $1T annual deficits are not the result of anything the Democrats did since "gaining control" of congress in 2007. If you think otherwise, kindly let us know what pieces of legislation passed by this congress (or legislation that should have been passed, but was not) that created these deficits. You can't.

Let's refrain from the Sean Hannity style of being trite and flash some of your intelligence. There is plenty of good discussion and finger pointing that can be had... this assertion, though is shallow and intellectually dishonest.

The last Bush budget ex. TARP and the OBama stimulus was 3.0 trillion dollars and the 2010 Obama Budget was 3.7 trillion dollars so think about it. Then there is the increase in unemployment that Obama has done nothing to improve. There are fewer people employed and more unemployed than when Obama took office. Over 25 million unemployed and under employed Americans are paying very little in taxes and that doesn't help the deficit at all.

Before claiming I use Hannity trite I suggest you stop ignoring the Obama economic policy and budget that generated these results. What is it about liberalism that creates this kind of loyalty that Obama gets a pass on these kind of results. NOTE THE YEAR, 2011, 2 1/2 years AFTER taking office


Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
 
Not once did we have a trillion dollar deficit with a Republican Congress and since Democrats have talken control we had three in a row.

So your argument is -- "Those guys are worse!" There's damning with faint praise if I've ever heard it.
 
Not once did we have a trillion dollar deficit with a Republican Congress and since Democrats have talken control we had three in a row.

We're going to have one next year and the year after that with a Republican House. And of course all spending bills originiate in the House. Explain.
 
The last Bush budget ex. TARP and the OBama stimulus was 3.0 trillion dollars and the 2010 Obama Budget was 3.7 trillion dollars so think about it. Then there is the increase in unemployment that Obama has done nothing to improve. There are fewer people employed and more unemployed than when Obama took office. Over 25 million unemployed and under employed Americans are paying very little in taxes and that doesn't help the deficit at all.

You are changing the subject. Your initial post implied that the democrats in Congress caused $1T deficits. I countered asking you to tell me what the democrats in Congress had to do with the deficits. You did not answer me, but changed the subject, so I take it you have no answer. You agree the $1T annual deficits were created by the policies of the previous administration... which started with practically a balanced budget and ran annual deficits up to $1T per year.

Before claiming I use Hannity trite I suggest you stop ignoring the Obama economic policy and budget that generated these results. What is it about liberalism that creates this kind of loyalty that Obama gets a pass on these kind of results.

Now you are making stuff up... where did I say I was loyal to Obama?

NOTE THE YEAR, 2011, 2 1/2 years AFTER taking office


Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.

Albeit your posts are tiring.... I don't want to argue numbers with you anymore as you don't want to be corrected. But, to be clear I am of the opinion that the horrific policies of the Bush administration got us into this mess and the weak leadership of the Obama administration has failed to plot a course to fix it. Sorry, but the problems are so deep that they are not going to be instantly fixed.... but I do not believe Obama is doing a particularly good job even turning the ship in the right direction.

As for the credit downgrade, S&P was pretty direct in who gets the blame.... it isn't the people that took the prospect of downgrade seriously.
 
We're going to have one next year and the year after that with a Republican House. And of course all spending bills originiate in the House. Explain.

You are showing your age, take a civics class, spending bills originate in the House but have to be passed by the Senate and signed by the President. You will learn that in a civics class
 
You are showing your age, take a civics class, spending bills originate in the House but have to be passed by the Senate and signed by the President. You will learn that in a civics class

Yeah, no kidding. So your argument is that it doesn't matter if a Republican House passes spending that results in a deficit over a trillion dollars? That's the Democrats' fault?
 
That is sooooooooooo stupid. You know I really DO want to like conservatives but everytime I read dumb-ass crap like this it just makes me want to vote for Obama just to piss off people that makes lame-ass comments like "the kenyan tyrant".

Actually are you a sock puppet? Someone else use to say ignorant crap like that but was banned if I remember correctly.
What are you objecting to? His core beliefs are Marxist. He is damaging the nation. He is behaving like a tyrant. His roots are Kenyan.
 
Yeah, no kidding. So your argument is that it doesn't matter if a Republican House passes spending that results in a deficit over a trillion dollars? That's the Democrats' fault?


So what is Harry Reid's response in the past year anytime he gets a budget spending cut measure? Table it? Kill it?

Look, I'd give it to you that in the Bush years, repubs bought into the liberal pap, and started acting like demo's when it came to spending our tax money. That is a major reason they were voted out in '06. However, at least in the freshmen house members case of '10 the tide toward fiscal responsible actions is trying to make a come back, no matter how liberals, RHINO's, and progressive/marxists/socialists in the congress, and WH cry, moan, and bitch.

j-mac
 
So what is Harry Reid's response in the past year anytime he gets a budget spending cut measure? Table it? Kill it?

Look, I'd give it to you that in the Bush years, repubs bought into the liberal pap, and started acting like demo's when it came to spending our tax money. That is a major reason they were voted out in '06. However, at least in the freshmen house members case of '10 the tide toward fiscal responsible actions is trying to make a come back, no matter how liberals, RHINO's, and progressive/marxists/socialists in the congress, and WH cry, moan, and bitch.

j-mac

Correction: Republicans acted like Republicans during the Bush administration. Republicans cut taxes and increase spending, thus jacking up deficits.
 
Correction: Republicans acted like Republicans during the Bush administration. Republicans cut taxes and increase spending, thus jacking up deficits.

Yes, Republicans spent too much and were voted out of office. Apparently that spending was so unpopular that Democrats put that spending on steroids. Republicans weren't in charge from 2007-2011 and during that time 5 trillion was added to the debt. Four trillion was added 2009-present. For someone who wants to blame Republicans for too much spending you sure ignore what has happened since Democrats took control of the purse strings.
 
Yes, Republicans spent too much and were voted out of office. Apparently that spending was so unpopular that Democrats put that spending on steroids. Republicans weren't in charge from 2007-2011 and during that time 5 trillion was added to the debt. Four trillion was added 2009-present. For someone who wants to blame Republicans for too much spending you sure ignore what has happened since Democrats took control of the purse strings.

Republicans didn't get voted out for spending too much. They got voted out because they are bad at governing.
 
Republicans didn't get voted out for spending too much. They got voted out because they are bad at governing.

Just like Democrats will have happen in 2012, the results show the American people what a mistake they made
 
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