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Thread: Obama's approval rating grows following memorable week

  1. #441
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    Re: Obama's approval rating grows following memorable week

    You were sure it was not going to go down, which you claiming you have a crystal ball.
    Was I? Indicate the comment where I said that (don't bother looking, it never happened and you know it). I'm going to just write this off to your usual confusion rather than a deliberate lie. But I won't do that a second time.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    Here are the budget numbers for Clinton budgets (FY1994-2001, numbers are billions; a "-" sign indicates budget surpluses):

    1994 203.18
    1995 163.95
    1996 107.43
    1997 21.89
    1998 -69.27
    1999 -125.61
    2000 -236.24
    2001 -128.23

    Here's the source: Government Spending MultiYear Download for United States 1994-2020 - Federal State Local

    Here's the result of the arithmetic (rounding to the billion): $85 Net surplus for his 8 years in office. The reason the debt continued to go up was the fact that interest on the debt continued to add to the previously created debt, all but $300B, was from the Reagan tax cuts and profligate spending. No doubt you will refuse to believe any of these hard, cold facts but that doesn't change anything.
    Don't be surprised when Con tells you Clinton had no surplus and never had a balanced budget. They use an accounting trick to "prove" it too. You see when a govt. agency like Social security has a surplus it is transferred into T-bills and appears to add to the debt. It's does not it is a SURPLUS but it makes it appear that the debt went up every year under Clinton if you pick the right govt. chart. No matter how many times you call them on it they just can't resist using it. We will see just how shameless Con is this time.
    Last edited by iguanaman; 07-06-15 at 12:35 AM.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    You just dig in on the ignorance with each one of your responses, con. A sensible person would stop digging but I think we can count on you to keep digging. I didn't give you "budget numbers." I gave you actual deficit/surplus numbers. But, of course, you're so desperate you have to try to throw any crap up and hope that it sticks. I'd return the insult about civic class but actually you need to start all over at the beginning of elementary school to have a chance at understanding anything (not to mention get your mind wiped clean of all the rightwing sewage you've filled it with over the years).
    Yes, you gave me what you perceive as the actual budget and deficit numbers but I gave you the Treasury data and link which you ignored. Show me the Clinton surplus from Treasury data and then explain to me why the Treasury doesn't show the Clinton surplus. I can give you a hint, you have no clue as to what Inter-Government Holdings are and that SS and Medicare money was taken to put on budget to show a lower Public debt number but Public debt is only part of the National debt. Civics would help you and stop you from looking and sounding foolish although seems that you have some supporters here that don't understand it either.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    I knew you wouldn't accept the data even from a very conservative source because to do so would destroy the mythology you've accepted. Here's the actual historical CBO data of deficits/surpluses for the last 4 years of Clinton's presidency (apologies if the columns don't line up neatly; this happens a lot when spread sheet documents get copied and pasted):

    Table H-1.
    Revenues, Outlays, Deficits, Surpluses, and Debt Held by the Public Since 1974


    Revenue Outlays

    1998 1,721.7 1,652.5
    1999 1,827.5 1,701.8
    2000 2,025.2 1,789.0
    2001 1,991.1 1,862.8

    Numbers represent billions. Because I know arithmetic is not your thing, I'll do it for you: 1998, $69.2B surplus; 1999, $125.7B surplus; 2000, $236.2B surplus; 2001, $128.3B surplus.

    Here's a link to the source even though I know you will never go to it: https://www.cbo.gov/sites/default/fi...-AppendixH.pdf It's on page 156

    Like I said before, I'm more than happy to keep humiliating you as long as you want to keep being humiliated. You seem to need it.
    CBO is the Congressional Budget Office not the Treasury Department and if you think that the Budget of the United States was 2.0 trillion dollars then you really do have a serious problem as you ignore the Unified Budget with SS and Medicare being on budget put there by LBJ in the 60's. Here is the budget of the United States. Stop making a fool of yourself.

    The Combined Statement of Receipts, Outlays, and Balances Current Report Page Has Moved

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    So now your calling the Treasury's numbers (that you misused) the "Obama narrative." You're now chasing your own tail and I couldn't be enjoying it more.
    You aren't using complete Treasury numbers only the budget numbers. The deficit is made up of Public Debt and Inter-Government Holdings. I am glad you enjoy making a fool of yourself because you don't get it. You posted revenue numbers totaling 2.0 trillion dollars and thus a surplus obviously believing that the budget of the U.S. is less than 2.0 trillion dollars. Please post that 2 trillion dollar budget for me.

    Obama Proposes $3.9 Trillion Budget

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by iguanaman View Post
    Don't be surprised when Con tells you Clinton had no surplus and never had a balanced budget. They use an accounting trick to "prove" it too. You see when a govt. agency like Social security has a surplus it is transferred into T-bills and appears to add to the debt. It's does not it is a SURPLUS but it makes it appear that the debt went up every year under Clinton if you pick the right govt. chart. No matter how many times you call them on it they just can't resist using it. We will see just how shameless Con is this time.
    So as I have asked please post for me the 2 trillion dollar U.S. Budget? In order to have a surplus you have to have more revenue than spending so when you post 2 trillion in revenue and claim it was a surplus then obviously that would be the Surplus for the year off the budget. I anxiously await for you to post that budget?

    Oh, by the way, when you contribute to SS and Medicare that creates a long term liability for the govt. That long term liability becomes unfunded when the Govt spends the money on things other than SS and Medicare and those TBills are an expense because they have to be funded by CASH. Where is the money going to come from to fund those T-Bills?
    Last edited by Conservative; 07-06-15 at 06:58 AM.

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    Re: Obama's approval rating grows following memorable week

    Don't be surprised when Con tells you Clinton had no surplus and never had a balanced budget.
    It happened last evening just as you predicted and, no, I'm not surprised at all. I've run into the likes of con over and over on various fora like this. He demanded documentation of the surpluses and I supplied them and now I'm going see his responses to that and I'm sure he'll deny all the facts as usual. It's quite a psychological condition he and many rightwingers share: they simply cannot deal in, handle or live with actual facts.

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    Re: Obama's approval rating grows following memorable week

    Yes, you gave me what you perceive as the actual budget and deficit numbers but I gave you the Treasury data and link which you ignored.
    Yes, you gave me treasury data and I've showed you how you misused them with a link to a rightwing economics writer which proves that you used bogus data. The DoT does not keep data on deficits or surpluses, only the debt. I gave you CBO data and the source for it (which I'm sure you didn't bother to go to). You reject it because it doesn't comport with your rightwing trashing of the facts. Your dishonesty has been exposed time and time again and as long as you keep putting it out there I'll keep smacking it down.
    Last edited by digitusmedius; 07-06-15 at 09:08 AM.

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    Re: Obama's approval rating grows following memorable week

    In order to have a surplus you have to have more revenue than spending so when you post 2 trillion in revenue and claim it was a surplus then obviously that would be the Surplus for the year off the budget.
    Here again you demonstrate your lack of understanding of even the terms you're using much less even the least grasp of how the budget functions. If you had even the least bit of interest in educating yourself you'd have been able to do so at Christopher Chantrill's website ( usgovernmentspending.com ) which explains why budget surpluses don't necessarily show up as debt reduction. But, as I've said before, you're one of the uneducable types so rife in the rightwing. It is impossible to teach anything to those people even if the teacher is one of their own.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    Here again you demonstrate your lack of understanding of even the terms you're using much less even the least grasp of how the budget functions. If you had even the least bit of interest in educating yourself you'd have been able to do so at Christopher Chantrill's website ( usgovernmentspending.com ) which explains why budget surpluses don't necessarily show up as debt reduction. But, as I've said before, you're one of the uneducable types so rife in the rightwing. It is impossible to teach anything to those people even if the teacher is one of their own.
    Here is a problem you have, Treasury, the Bank account of the United States, doesn't support your claim because you ignore inter-govt. holdings. I gave you the link to Treasury, stop making a fool of yourself.

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