• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

United States loses its AAA Credit rating from S & P

Status
Not open for further replies.
Conservative said:
yes, it would be nice so tell me how did Reagan creating a 1.7 trillion dollar debt cause obama to create a 4.0 trillion dollar debt?
Click to expand...


So far Obama's increase is 9% points. And don't forget some of that debt is still left over from the Reagan era. The era when we turned from a creditor nation to a debtor nation.
 
winston53660 said:
So far Obama's increase is 9% points. And don't forget some of that debt is still left over from the Reagan era. The era when we turned from a creditor nation to a debtor nation.
Click to expand...

Debt service is always carried over as All Presidents pay debt service on the debt. Think the debt service on the 2.6 trillion debt is the same as the 14.5 trillion?
 
Conservative said:
Debt service is always carried over as All Presidents pay debt service on the debt. Think the debt service on the 2.6 trillion debt is the same as the 14.5 trillion?
Click to expand...


Do you want to do the comparison in real dollars or your usual trick of attempting to compare real to nominal dollars?
 
Conservative said:
By the way, what did it cost to create these numbers?

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ 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!
Click to expand...

**** happens when you inherit two wars and a couple of ill advised tax cuts, while fighting said wars from the previous administration. Incompetence squared.
 
donc said:
**** happens when you inherit two wars and a couple of ill advised tax cuts, while fighting said wars from the previous administration. Incompetence squared.
Click to expand...


And have an unfunded prescription drug program. That pricesc an't even be negotiated on.
 
donc said:
**** happens when you inherit two wars and a couple of ill advised tax cuts, while fighting said wars from the previous administration. Incompetence squared.
Click to expand...

Wars have nothing to do with the numbers Obama generated with his spending in 2011 and 2010. Deficits are yearly, debt is cumulative. The Obama debt is 4 trillion dollars and Obama extended the Bush tax cuts with a Democrat Congress
 
donc said:
**** happens when you inherit two wars and a couple of ill advised tax cuts, while fighting said wars from the previous administration. Incompetence squared.
Click to expand...

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ 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!
 
mertex said:
Maybe someone should have looked into George W Bush's relationship with Osama Bin Laden's family before we elected him President?
Click to expand...
LOL. Was he Bin Laden's son? Did he write a book called (Terrorist) Dreams from my (Terrorist) Father? If so we should evaluate it. Do you believe that the Bin Laden family are terrorists? ARe there indications that President Bush's core beliefs are Islamofascist? If so you should go for it.

The one term Marxist president Obama, on the other hand did write a book called Dreams From My (Socialist) Father. His mother most likely was also a Socialist. Was the one term president influenced by the man he wrote a book about or possibly by his mother? Did he come up with the idea of spreading the wealth (a Marxist formulation when it means the government will spread the wealth through coercion) on his own or did Frank suggest it to him? And who was Frank?
 
Thunder said:
requiring Americans to purchase something is Marxism?

was the Militia Act of 1792 Marxist? it required Americans to buy a gun, ammo, powder, and a satchel.

Wow, Jefferson, Madison, Franklin, Adams, Hamilton & Washington were Marxists!!!!


:)
Click to expand...

I thought the people on this board had more intellectual horsepower than has been displayed. I was wrong. Many people here cannot see the chess game beyond the very first move. I have learned to accommodate the inability of many to reason from the steps that have occurred to the ones that are planned.

The goal is to get us to government run health care to control us all. The tactic is to create a series of steps that set the stage. The strategy is to boil the American people in a vat of socialism slowly so the American people don't jump out of the pot.

You all just go back to sleep. Oh, you never actually woke.
 
Conservative said:
Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ 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!
Click to expand...


Total monetary cost of Obamas inherited wars, beginning in 2001 $1,235,658,045,121 and climbing.

Obamas inherited cost of the bush tax cuts (besides costing us our AAA rating)$2.5 trillion.

Add the numbers up and see what the true cost of the inheritance from Americas most incompetent administration is.:2wave:


Cost of War to the United States | COSTOFWAR.COM

http://www.ctj.org/pdf/bushtaxcutsvshealthcare.pdf
 
AdamT said:
I thought it hardly worth mentioning, as Obama barely knew his father. They were together for what, all of three weeks in Obama's entire life?
Click to expand...
And yet he wrote that book, Dreams From MY (Socialist) Father. Why do you think he did that if his Socialist Father had no impact on his thinking?
 
mertex said:
I know, but the Rep/con poster is trying to make Obama a Socialist/Marxist because he claims his father was one (he didn't post any links that prove his father was either), but, you chastise me for bringing up the business relationship between Bush and OBL's brother, but not him?
Click to expand...

Why do you think Barrack Hussein Obama titled his paper "Problems of Our Socialism"?

http://www.politico.com/static/PPM41_eastafrica.html
 
Misterveritis said:
And yet he wrote that book, Dreams From MY (Socialist) Father. Why do you think he did that if his Socialist Father had no impact on his thinking?
Click to expand...

WOW,three weeks to turn a child in to a stone socialist...gotta get that recipe.:lamo


MAN reading some of your post is better than the funny papers.
 
Last edited:
donc said:
WOW,three weeks to turn a child in to a stone socialist...gotta get that recipe.:lamo


MAN reading some of your post is better than the funny papers.
Click to expand...

Almost as funny as yours... but not quite.
 
Phys251 said:
What the hell are you talking about? Seriously, who in your camp started this lie? That there was a surplus under Clinton is a FACT.
Click to expand...
There was no surplus. The debt did not decrease. For one or two years, having been reigned in by a Republican Congress, and combined with one or more budget "tricks" he spent less than taxes brought in. As an example of a trick, I believe this was the time when the Department of Defense saw their payday changed from the last day of the month to the first day of the month. Imagine that. Suddenly payroll in one fiscal year magically slipped into the next fiscal year. I am reasonably certain he did this across the board and not just in DoD. Imagine that. A few dozens of billions of dollars for the federal government payroll disappeared from the annual budget.

And now, instead of hanging around here reading what the best minds, and the second best minds, it must be revealed, have to say, I shall head off for a pleasant evening of World of Warcraft.
 
SypherAL said:
They don't believe in clean energy, global warming, or enviromental protection.
Click to expand...
And here I have believed all along that the liberals believed in nothing but their own brilliance.

Off course, at its core this is nothing more than a return to the religion of Mother Earth worship. I have no objections to it so long as it is appropriately labeled.
 
Status
Not open for further replies.
Back
Top Bottom