- Joined
- Dec 9, 2009
- Messages
- 134,496
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
Obama hasn't put spending steroids, that's a fallacious argument, however Bush 43 did put spending on steroids - big time. Bush's last budget was 2009, not 2008 as you keep saying. The reason tax revenues went up after Reagan's tax adjustments was inflation that started in earnest during Ford's administration got worse during Carter's and partially through Reagan's administration. Wages were so low by comparison they had to be raised by the nation's employers. Higher wages mean more tax revenue for the government. Reagan gave the biggest tax breaks to the wealthy - the top marginal rate was lowered from 70% to 50%.
The only spending problem we have is around the military industrial complex.
Get someone to read the line item budget I posted. here is the 2008 budget. I pulled out the 2009 budget because it included TARP and some of the stimulus along with other Obama supplementals
Defense 696.1 616.1
International Affairs 45.2 28.9
Gen. Science, Space 30.9 27.8
Energy 11.5 ..5
Natural resources/env 41.6 31.9
Agriculture 23.2 18.4
Commerce 30.1 27.7
Transportation 92.5 77.6
Community Dev 24.5 23.9
Education/Train/Social 125.1 90.9
Health 369.0 280.7
Medicare 451.6 390.8
Income Security 624.0 427.4
Social Security 706.7 617.0
Veterans Benefits 108.4 84.6
Justice 55.2 47.1
General Govt. 18.1 20.3
Net Interest 196.9 252.8
Total 3650.6 3063.9
Are you ever going to respond to the tough questions asked of you? Doubt it so carry on with posting misinformation and false information