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Thread: U.S. National Debt Tops Debt Limit

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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by Redress View Post
    How does this figure into what you are saying?
    The additional cost of gasoline is being passed on to consumers causing prices to rise. Furthermore, the deflationary scare was several months ago, I'd argue in the first six months of this year. While it still could happen now, the truly epic increase in M0 has more or less stopped it. As I've noted before, if the economy quickly picks up, we're going to be facing a rather large inflation beast.
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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by BWG View Post
    LOL...look at the join date beneath my name. I was here. Conservatives Bush supporters on this board (and in general) were not very pissed about the spending.

    Yes, if you look back you may find a few - very few - that expressed concern, but for the vast majority they were extremely apologetic.
    There, fixed it for you.
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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by PeteEU View Post
    But that does not change the fact that most conservatives today blame Obama for most if not all of the debt, and that is so factually wrong. They gloss over the fact that of the 12 trillion at least 5 if not 6 trillion came during Bush's watch with a Republican (conservative) run Congress. In there lies not only the irony but the hypocrisy as well.
    Speaking of factual errors, irony and hypocricy:
    Federal Deficit, Jan 21 2001:$5,727,776,738,304.64
    Feferal Deficit, Jan 01 2007: $8,678,229,324,205.41
    That's a $2.951T increase, not the 5T or 6T you claimed.

    But.... lets look at whats happened since then, with Liberals running Congress:
    Federal Deficit, Jan 01 2007: $8,678,229,324,205.41
    Federal Deficit, Dec 18 2009:$12,097,698,782,543.93
    That's a $3.419T increaase, and represents a 15% greater increase to the debt under GWB and the Republican Congress -- all in half the time.

    So, the fact is that the liberals running congress have increated the debt FAR faster than GWB and the GOP Congress.

    Government - Debt to the Penny (Daily History Search Application)

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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by Goobieman View Post
    Speaking of factual errors, irony and hypocricy:
    Federal Deficit, Jan 21 2001:$5,727,776,738,304.64
    Feferal Deficit, Jan 01 2007: $8,678,229,324,205.41
    That's a $2.951T increase, not the 5T or 6T you claimed.

    But.... lets look at whats happened since then, with Liberals running Congress:
    Federal Deficit, Jan 01 2007: $8,678,229,324,205.41
    Federal Deficit, Dec 18 2009:$12,097,698,782,543.93
    That's a $3.419T increaase, and represents a 15% greater increase to the debt under GWB and the Republican Congress -- all in half the time.

    So, the fact is that the liberals running congress have increated the debt FAR faster than GWB and the GOP Congress.

    Government - Debt to the Penny (Daily History Search Application)
    So, then it's OK to bash Obama, but give Bush a free pass, because Bush's increase in Federal spending was smaller? It was still quite an increase from previous years. I think both Bush and Obama should be condemned for their recklessness, not just Obama. Just because Obama is outspending the crap out of Bush does not excuse Bush. Bush was no Conservative, not even a little. He is also guilty as hell. There should be no partisanship here, if one truly believes that massive Federal spending is wrong. It either is or it isn't, and the letter after one's name should never be a free ticket out of the blame for it. Period!!
    Last edited by danarhea; 12-18-09 at 07:32 PM.
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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by danarhea View Post
    So, then it's OK to bash Obama, but give Bush a free pass, because Bush's increase in Federal spending was smaller? It was still quite an increase from previous years. I think both Bush and Obama should be condemned for their recklessness, not just Obama. Just because Obama is outspending the crap out of Bush does not excuse Bush. Bush was no Conservative, not even a little. He is also guilty as hell. There should be no partisanship here, if one truly believes that massive Federal spending is wrong. It either is or it isn't, and the letter after one's name should never be a free ticket out of the blame for it. Period!!
    C'mon Dana, I would expect better from you. Where in Goobie's post does he excuse Bush? Unless you take criticism of Obama as an automatic excuse for Bush and the GOP.

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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by EpicDude86 View Post
    C'mon Dana, I would expect better from you. Where in Goobie's post does he excuse Bush? Unless you take criticism of Obama as an automatic excuse for Bush and the GOP.
    Ya know I've actually see this type of thing happen quite a bit with those that defend Obama the most. Not saying this applies to Dana here. Just that if there is any criticism of Obama on a subject where both Obama and Bush are comparable they automatically assume that you are defending Bush. Even when your post says NOTHING about Bush.

    I've also noticed that alot of Obama supporters have a tendency to blame republicans for delaying or going against something that democrats offer up..never once mentioning or admitting that thier same party did the exact same things under a republican majority....and visa versa.

    I swear that both Democrats and Republicans should get the All Time Hypocrtical award. (and if there is no such thing then one should be made)
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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by danarhea View Post
    So, then it's OK to bash Obama, but give Bush a free pass, because Bush's increase in Federal spending was smaller?
    The point of post was to illustrate the (rather ironic) factual errors and hypocrisy of the poster I responded to, and nothing more.

    If your gripe is with GWB and the GOP congress and their raising of the debt 2001-2006, then you -must- take more than double the exception with the Liberals running Congress from 2007 to present, as said liberals have raised the debt MORE than TWICE as fast as GWB and the GOP congress.

    In his case, this will -not- be the case - thus, the hypocrisy.
    Last edited by Goobieman; 12-19-09 at 09:16 AM.

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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by Kal'Stang View Post
    Ya know I've actually see this type of thing happen quite a bit with those that defend Obama the most. Not saying this applies to Dana here. Just that if there is any criticism of Obama on a subject where both Obama and Bush are comparable they automatically assume that you are defending Bush. Even when your post says NOTHING about Bush.

    I've also noticed that alot of Obama supporters have a tendency to blame republicans for delaying or going against something that democrats offer up..never once mentioning or admitting that thier same party did the exact same things under a republican majority....and visa versa.

    I swear that both Democrats and Republicans should get the All Time Hypocrtical award. (and if there is no such thing then one should be made)
    *sigh* Tis the Nature of the Beast.

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    Re: U.S. National Debt Tops Debt Limit

    Quote Originally Posted by Hugh_Akston View Post
    Lower taxes
    Seriously cut government spending
    Bail on the current health care reform bills
    Stop printing money at the outrageous rate in which we are
    Stop bailing out every company the administration wants to take over

    Just to name a few...
    You left out the part where it will still take 100 years to recover if all this were done.

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