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Thread: Obama's approval rating grows following memorable week

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    First a future program expense only gets added to the debt if it remains unfunded. It only remains unfunded because one party refuses to fund it. That party hopes that tactic is the way to destroy that program instead of just voting it out of existence which would be the end of that party's existence if it tried to do so. That's the sort of cowardice, sneakery and general scumminess that the party you support is based entirely on.
    Look, when you contribute to SS it becomes a long term liability and it has nothing to do with being unfunded. It becomes unfunded when the money is spent on something other than your retirement. It really is sad seeing what liberalism has done to our education system and your passion for the ideology that continues to lie to you

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Conservative View Post
    So you think WWI and WWII as well as the Korean War didn't run a deficit and add to the debt? Amazingly you simply don't have a clue
    The most classic strawman. Whenever did I say that.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    You mean how Reagan funded his massive, MASSIVE miiitary spending. Diffference is, Johnson paid for his with taxes the way we've always managed to finance our excess military spending. Reagan and Bush II just let it pile up and pile up. Bush II even had his republican control Congress keep the massive spending off-budget by having the money provided always by "emergency appropriations." That's where most at least half of his massive $1.4T 2009 deficit came from when one of the first things President Obama did after taking office is order all that spending be shown.




    Your ignorance knows no limits. The SS trust fund is fully funded from two sources: contributions (FICA and SE taxes) and interest income from the "intragovernmental" borrowing in the form of T-bills bought by the the SS trust fund. Medicare is about 80% funded from taxes and the rest made up out of general revenues. You've even used the term intergovernmental borrowing and it's now obvious you didn't even know what that meant.
    Do you have any idea how much Reagan increased the military spending? Why don't you find out and stop making a fool of yourself.

    As for SS, it is indeed funded by YOUR FICA taxes and YOUR Employers Contribution. When that money is spent and you allow others to fund your retirement it becomes a Ponzi Scheme. What the hell are SE taxes? T-Bills are issued but when they come due where does the money come from to convert them to cash or do you think your grocery store will take T-bills? Please tell me why SS and Medicare are being funded by general revenue? You don't seem to have any concept of how the budget works, what taxes you pay, and what those taxes are for. SS and Medicare were pay as you go programs funded by FICA taxes ONLY. Stop it, stop making a fool of yourself and mature by admitting you are wrong and have no idea what you are talking about or any clue about the budget, the deficit, and the debt.

    You obviously have no idea how foolish you sound but I will continue to beat your ass with actual data and facts. You ought to stop when you are way behind.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Montecresto View Post
    The most classic strawman. Whenever did I say that.
    Just as I thought, you have no idea what you post and forget you are the one claiming that deficits and debt only occurred from Carter on.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Conservative View Post
    Just as I thought, you have no idea what you post and forget you are the one claiming that deficits and debt only occurred from Carter on.
    Now you're ****ing lying. God damn it dude, I have pointed out a dozen times if once in this thread that 39 president over a period of 200 years accumulated 900 billion dollars of debt!!!!!!!!!!!!!!!!!!!!!!!!!!!! That includes the wars and every other thing those fellows spent money on. Really man, what's wrong with you. And then your decrepit, Alzheimer's patient came along and in a period of 8 years, borrowed a couple trillion dollars, and now it seems that every president thinks he can do likewise. Thee biggest colossal failure that B movie actor was.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Montecresto View Post
    Now you're ****ing lying. God damn it dude, I have pointed out a dozen times if once in this thread that 39 president over a period of 200 years accumulated 900 billion dollars of debt!!!!!!!!!!!!!!!!!!!!!!!!!!!! That includes the wars and every other thing those fellows spent money on. Really man, what's wrong with you. And then your decrepit, Alzheimer's patient came along and in a period of 8 years, borrowed a couple trillion dollars, and now it seems that every president thinks he can do likewise. Thee biggest colossal failure that B movie actor was.
    Do you realize the cost of the Federal Govt. back then? Any idea? JFK had a budget of 250 billion dollars in 1965 with 175 million Americans. The last Reagan budget was 1.2 trillion dollars over 23 years later and today Obama wants 3.9 trillion dollars. You have no idea what liberalism has cost the govt. in terms of entitlement spending and what happened when LBJ put SS on budget. Before I started blaming someone else, I would look in the mirror at someone who is wrong more than right. I feel bad for people like you especially since you ought to know better

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by digitusmedius View Post
    Funniest thing, after the Kennedy/Johnson years, the debt had only gone up $57b (that's billion) but after the Reagan/Bush years it had gone up $3.4T (that's trillion). What're you gonna claim, con, that that was all due to inflation? IOW, it went up 60x faster in those 12 years than it had in that earlier 8 year period. And that's what rightwinger, Reagan apologists call "success." This is why economists talk about the transition of the US from a creditor to a chronic debtor nation. Meanwhile our capitalist overlords saw their wealth skyrocket while the middle class shrank. MORE RIGHTWING SUCCESS!!! Orwell had nothing on the neo-cons and supply-siders and their enablers for perversion of the language.
    I keep reading posts of yours and others here many of whom talk about Public Debt as a percentage of GDP and how bad Reagan's performance was and although debt is made up of two items, public debt PLUS Inter-government holdings the percentage of debt to GDP is an interesting topic for discussion. Attached is a chart showing those numbers and what is quite telling is the Clinton public debt as a percentage of GDP is significantly higher than Reagan's and Obama's debt if off the charts. Makes me wonder why liberals believe what they are told and never research to verify the rhetoric.

    https://research.stlouisfed.org/fred...es/GFDEGDQ188S

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Conservative View Post
    Do you realize the cost of the Federal Govt. back then? Any idea? JFK had a budget of 250 billion dollars in 1965 with 175 million Americans. The last Reagan budget was 1.2 trillion dollars over 23 years later and today Obama wants 3.9 trillion dollars. You have no idea what liberalism has cost the govt. in terms of entitlement spending and what happened when LBJ put SS on budget. Before I started blaming someone else, I would look in the mirror at someone who is wrong more than right. I feel bad for people like you especially since you ought to know better
    Reagan is the author of the runaway national debt. That freak owns it.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Montecresto View Post
    Reagan is the author of the runaway national debt. That freak owns it.
    You really have a serious problem, seek help.

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    Re: Obama's approval rating grows following memorable week

    Quote Originally Posted by Conservative View Post
    You really have a serious problem, seek help.
    Well that's strong rebuttal, Lol.
    Killing one person is murder, killing 100,000 is foreign policy

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