US borrowing tops 100% of GDP: Treasury

Because you said so.

Risky Thicket said:

Great Mr. V, tell me how much money President George W. Bush stole from Americans in terms of social security to buy down debt in his 8 years in office? Hmmm? Have to look that up? I'll wait.

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One really must wonder how that is relevant. Red herring, anyone?

PzKfW IVe said:

One really must wonder how that is relevant. Red herring, anyone?

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Right, it's only relevant if you're talking about Clinton. :lol:

AdamT said:

Because you said so.

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Nope, because I linked to the facts that said so. You're not entitled to your own facts and what I posted were facts... you claiming they are not doesn't change anything... :shrug:

Ockham said:

Nope, because I linked to the facts that said so. You're not entitled to your own facts and what I posted were facts... you claiming they are not doesn't change anything... :shrug:

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Okay, my last post in this silly argument: you assumed that in the past a party needed a super majority or it could not pass legislation. That is incorrect. Until very recently the vast majority of bills passed with a simple majority.

AdamT said:

Okay, my last post in this silly argument: you assumed that in the past a party needed a super majority or it could not pass legislation.

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No that was PeteEU's assumption as I was responding to his reply. His statement was that the problems occurred when there was one party in power. My response to that was he was wrong first because my claim was for the last 30 years and not since 2001 like PeteEU stated, and then I showed him how even with one party in power in Congress and in the White House, shoving through economic legislation with impunity wasn't possible because for the past 30 years there has been NO filibuster proof Senate.

AdamT said:

That is incorrect. Until very recently the vast majority of bills passed with a simple majority.

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I never claimed any different. My claim was that "compromise" is what got us in this economic mess over the past 30 years. You're strawman claim that a majority of bills were passed in the Senate by a simple majority vote supports my claim.

Therefore, I thought I'd throw a little more fact your way:

In the past 30 years, cloture has been voted on 79.1% of the time. So one of the political party's wanted to use it the MAJORITY of the time. Cloture was passed 35.9% in the past 30 years.

Recently, in the 111th Congressional Senate, Cloture was voted on 66.9% and used 46.3% of the time. In the 112th Congressional Senate
Cloture was voted on 66.6% of the time and used 37.5% of the time. Do the math yourself if you doubt the numbers.

So yes, a majority vote has been ultimately used to pass the bills, showing that compromise over the past 30 years has been all too common. Check the numbers for yourself. :shrug:

U.S. Senate: Reference Home >

Just to point out that compromise is desireable -- not a bad thing. It is idiotic to think otherwise.

AdamT said:

Just to point out that compromise is desireable -- not a bad thing. It is idiotic to think otherwise.

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And for the past 30 years compromise has landed us here, today... 9.2% unemployment, 14 Trillion in debt, with a housing bubble, a 0.4% growth rate in 1Q 2012 and now borrowing 100% of GDP. Yeah, that compromise sure is swell.

Right, and people have been driving cars for the last 30 years, so driving cars must be the cause of the economic meltdown.

AdamT said:

Right, and people have been driving cars for the last 30 years, so driving cars must be the cause of the economic meltdown.

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Educate yourself and look at the last 30 years of borrowing... Google is your friend.