Page 3 of 6 FirstFirst 12345 ... LastLast
Results 21 to 30 of 54

Thread: With Eye to 2010 Election, Dems Prepare to Raise U.S. Borrowing Limit by Nearly $2T

  1. #21
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    bush lost, bush was a disaster

    and yet 44% want him back

    you're comparing our current president to bush?

    LOL!

    such standards

    i woulda thought you might perhaps aspire instead for obama to be a SUCCESSFUL president

    oh well

  2. #22
    Banned
    Join Date
    Oct 2009
    Last Seen
    07-23-12 @ 03:52 PM
    Gender
    Lean
    Private
    Posts
    6,763
    Blog Entries
    2

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    A better measure is the deficit under Bush versus Obama. Bush's highest deficit was his last year in office. From the CBO (http://www.cbo.gov/ftpdocs/105xx/doc...rojections.pdf)

    (Billions of dollars)
    ........................Actual
    ................................2008.....2009..... 2010.....2011
    On-Budget Deficit......-642....-1,720..-1,485..-1,029
    Off-Budget Surplus(a)....183.......133.......104......108
    Total Deficit................-459....-1,587...-1,381....-921

    Source: Congressional Budget Office.
    (a). Off-budget surpluses comprise surpluses in the Social Security trust funds as well as the net cash flow of the Postal Service.

    So, we got 2008 under Bush at -642. We are getting at least -1,720 for Obama in 2010. The debt is growing faster under Obama than under Bush. That's an extra trillion in spending Obama added to the Debt in his first year. It is just going to get worse with Healthcare added in, but that won't hit for a few years.
    Last edited by reefedjib; 12-11-09 at 08:15 AM.

  3. #23
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 04:35 PM
    Gender
    Lean
    Centrist
    Posts
    29,090

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by The Prof View Post
    bush lost, bush was a disaster

    and yet 44% want him back

    you're comparing our current president to bush?

    LOL!

    such standards

    i woulda thought you might perhaps aspire instead for obama to be a SUCCESSFUL president

    oh well
    No I am calling you on your partisan hypocrisy. It was BUSH JR, not Obama that raised the debt ceiling 7 times and doubled the US debt. And Reagan was even worse btw.
    PeteEU

  4. #24
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 04:35 PM
    Gender
    Lean
    Centrist
    Posts
    29,090

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by reefedjib View Post
    A better measure is the deficit under Bush versus Obama. Bush's highest deficit was his last year in office. From the CBO (http://www.cbo.gov/ftpdocs/105xx/doc...rojections.pdf)

    (Billions of dollars)
    ........................Actual
    ................................2008.....2009..... 2010.....2011
    On-Budget Deficit......-642....-1,720..-1,485..-1,029
    Off-Budget Surplus(a)....183.......133.......104......108
    Total Deficit................-459....-1,587...-1,381....-921

    Source: Congressional Budget Office.
    (a). Off-budget surpluses comprise surpluses in the Social Security trust funds as well as the net cash flow of the Postal Service.

    So, we got 2008 under Bush at -642. We are getting at least -1,720 for Obama in 2010. The debt is growing faster under Obama than under Bush. That's an extra trillion in spending Obama added to the Debt in his first year. It is just going to get worse with Healthcare added in, but that won't hit for a few years.
    And? How much of that deficit is from bailing out Wall Street? How much of that deficit is from programs started under the Bush administration?

    Funny how you and your cohorts totally ignore the fact that the debt ceiling was raised 7 times by your dear Bush in his 8 years and 4 of those was when the Republicans were in full and total control of congress lol. Talk about being hypocritical now... It is soo ironic that when Bush was setting new spending record after record, the right fell in behind him and backed him regardless. Cut taxes, no problem! Start a war.. hey start 2 wars, No problem, lets just raise the debt ceiling!

    But now that they are not in power these same people have gone all "fiscal conservative" and are demanding cuts in a recession......the only thing you should not be doing..

    pathetic partisan hacks.
    PeteEU

  5. #25
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 10:51 AM
    Gender
    Lean
    Conservative
    Posts
    76,305

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by PeteEU View Post
    And? How much of that deficit is from bailing out Wall Street? How much of that deficit is from programs started under the Bush administration?

    Funny how you and your cohorts totally ignore the fact that the debt ceiling was raised 7 times by your dear Bush in his 8 years and 4 of those was when the Republicans were in full and total control of congress lol. Talk about being hypocritical now... It is soo ironic that when Bush was setting new spending record after record, the right fell in behind him and backed him regardless. Cut taxes, no problem! Start a war.. hey start 2 wars, No problem, lets just raise the debt ceiling!

    But now that they are not in power these same people have gone all "fiscal conservative" and are demanding cuts in a recession......the only thing you should not be doing..

    pathetic partisan hacks.
    Pete doesn't give a **** about the US, "Yeah let's raise the debt ceiling, wth I'm in Spain."
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #26
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 04:35 PM
    Gender
    Lean
    Centrist
    Posts
    29,090

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by American View Post
    Pete doesn't give a **** about the US, "Yeah let's raise the debt ceiling, wth I'm in Spain."
    Now you are resulting to personal attacks because I dare debunk a right wing talking point yet again? Pathetic.

    How about for once trying to debunk my comments? You cant, because you know I am right.
    PeteEU

  7. #27
    Sage
    Gill's Avatar
    Join Date
    Dec 2005
    Location
    The Derby City
    Last Seen
    12-08-17 @ 10:39 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    8,686

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by PeteEU View Post
    And? How much of that deficit is from bailing out Wall Street? How much of that deficit is from programs started under the Bush administration?

    Funny how you and your cohorts totally ignore the fact that the debt ceiling was raised 7 times by your dear Bush in his 8 years and 4 of those was when the Republicans were in full and total control of congress lol. Talk about being hypocritical now... It is soo ironic that when Bush was setting new spending record after record, the right fell in behind him and backed him regardless. Cut taxes, no problem! Start a war.. hey start 2 wars, No problem, lets just raise the debt ceiling!

    But now that they are not in power these same people have gone all "fiscal conservative" and are demanding cuts in a recession......the only thing you should not be doing..

    pathetic partisan hacks.
    What's funny is how "centrists, " jump immediately to claim that Obama's record deficits in his first year are due to the economic downturn, but Bush's was due to poor management. They always seem to forget about 9/11 and how much extra money was spent righting the nation and the economy following it.

    1. Wall Street was devasted.
    2. The airline industry was devasted.
    3. The entire US economy came to a standstill.
    4. A massive new department was added, Homeland Security.
    5. Billions of dollars were spent increasing our security technology.


    At the rate Obama is going, he'll have to raise the debt limit 10 times in the four years he'll be in office.

    You are right about the pathetic and partisan attacks. Got a mirror handy?

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  8. #28
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 12:51 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    What the....? I could have swore that I just saw Pete's light on when I started this reply.....Oh well, I guess when you deal in disingenuous tactics as Gill so rightfully pointed out about Pete's postings, then it only makes sense to run when replied to.....


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  9. #29
    Banned
    Join Date
    Oct 2009
    Last Seen
    07-23-12 @ 03:52 PM
    Gender
    Lean
    Private
    Posts
    6,763
    Blog Entries
    2

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by PeteEU View Post
    And? How much of that deficit is from bailing out Wall Street? How much of that deficit is from programs started under the Bush administration?
    (Billions of dollars)
    ...............................Actual
    ................................2008.....2009..... 2010.....2011
    On-Budget Deficit......-642....-1,720..-1,485..-1,029

    If you are going to blame it all on Bush, you should at least acknowledge that Obama's spending is completely out of control and is PROJECTED to be out of control. This is not just carry over expenses from Bush's Tarp program, which is the only program started under Bush that carried over. Obama is a tax and spend Democrat, without the tax so far. It will be close behind.

    You are a damn partisan hack. Pathetic. Worry about Spain's nationalists. We'll worry about our social democrats.
    Last edited by reefedjib; 12-11-09 at 10:25 AM.

  10. #30
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 10:51 AM
    Gender
    Lean
    Conservative
    Posts
    76,305

    Re: Dems To Raise Debt Ceiling by 1.8 Trillion

    Quote Originally Posted by PeteEU View Post
    Now you are resulting to personal attacks because I dare debunk a right wing talking point yet again? Pathetic.

    How about for once trying to debunk my comments? You cant, because you know I am right.
    You debunk yourself. You don't have a dog in this fight, so your personal opinions about our financial system are irrelevant. I didn't attack you either, it's a fact that you don't give a **** about the US.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

Page 3 of 6 FirstFirst 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •