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White House Tax Plan Would Ask More of Millionaires (Continued)

BTW conservative, you were using a six month old figure for the current debt (14.6 trillion dollars). U.S. National Debt Clock you can find the current debt. Also, notice how it has stopped increasing so traumatically. Could this mean Obama has made a change on the great bush depression?
 
Reagan inheritedd worse economic conditions for the working Americans than did Obama no matter how he spins it.
Complete and utter bull****.

First and foremost, the economy
was not in recession when Reagan took over. How on G-d's green Earth is an economy not in rec ession worse than one that is in recession and teetering on total collapse?

Secondly, the leading indicator of the economy is GDP...

GDP 1980-Q4: +7.6%
GDP 1981-Q1: +8.6%

GDP 2008-Q4: -8.9%
GDP 2009-Q1: -7.6%

You ignore that because it completely destroys your position. And as usual, you're just making **** up because you think it helps your argument. When really, all you're doing is making a fool of yourself.
 
Not sure what your point was with the following? Any idea how much 14.6 trillion is?

That wasn't a point conservative, of course I know how much 14.6 trillion dollars is. To demean my intelligence with such a mediocre question though is an insult.
 
BTW conservative, you were using a six month old figure for the current debt (14.6 trillion dollars). U.S. National Debt Clock you can find the current debt. Also, notice how it has stopped increasing so traumatically. Could this mean Obama has made a change on the great bush depression?

You do realize that the Treasury Dept is the keeper of the U.S. books, right? Here is what the Treasury Dept. shows today so I was wrong, it is now 14.7 trillion dollars

Public Debt, Intergovt. holdings, and total debt. Total Debt 14.790 trillion

09/30/2011 10,127,031,384,654.10 4,663,308,943,903.05 14,790,340,328,557.15

Government - Debt to the Penny (Daily History Search Application)
 
Complete and utter bull****.

First and foremost, the economy
was not in recession when Reagan took over. How on G-d's green Earth is an economy not in rec ession worse than one that is in recession and teetering on total collapse?

Secondly, the leading indicator of the economy is GDP...

GDP 1980-Q4: +7.6%
GDP 1981-Q1: +8.6%

GDP 2008-Q4: -8.9%
GDP 2009-Q1: -7.6%

You ignore that because it completely destroys your position. And as usual, you're just making **** up because you think it helps your argument. When really, all you're doing is making a fool of yourself.

For someone your age you don't have a clue what the economy was like when Reagan took office but the 20 misery index and 17.5% interest rates should give you a clue. The recession began in July 1981, Reagan economic program went into effect in fiscal year 1982 that began in October 1982. You really shouldn't be talking about that which you know nothing about.
 
You do realize that the Treasury Dept is the keeper of the U.S. books, right? Here is what the Treasury Dept. shows today so I was wrong, it is now 14.7 trillion dollars

Public Debt, Intergovt. holdings, and total debt. Total Debt 14.790 trillion

09/30/2011 10,127,031,384,654.10 4,663,308,943,903.05 14,790,340,328,557.15

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

Only a .1 trillion dollar tax gain over 6 months. I say give this guy another 4 years in office to get the US paying off the debt. If he could solve the great bush depression, he is my hero and he is almost there, but you despise this because it goes against your political agenda.
 
You do realize that the Treasury Dept is the keeper of the U.S. books, right? Here is what the Treasury Dept. shows today so I was wrong, it is now 14.7 trillion dollars

Public Debt, Intergovt. holdings, and total debt. Total Debt 14.790 trillion

09/30/2011 10,127,031,384,654.10 4,663,308,943,903.05 14,790,340,328,557.15

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


psssst:


10/07/2011
10,126,551,131,197.294,733,772,908,417.74
14,860,324,039,615.03

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
 
Only a .1 trillion dollar tax gain over 6 months. I say give this guy another 4 years in office to get the US paying off the debt. If he could solve the great bush depression, he is my hero and he is almost there, but you despise this because it goes against your political agenda.

LOL, just imagine what kind of credit you would give him if he actually signed the Ryan Budget. You continue to miss the point as usual all in an attempt to justify failure.
 
I worry about people like you who are apparently having your head filled with a lot of mush in that you believe it isn't extreme to force once class to fund the programs of another class and to redistribute wealth. It is a sad state when people like you don't really understand how our economy works and how jobs are created. You will someday when you get a job and see what your paycheck looks like after tax deductions.

I find it interesting that people like you believe bureaucrats in D.C. can solve local social problems you your community. If liberals feel the govt. needs more money why aren't they sending more out of their paycheck or better yet sending their Bush tax cut back after each paycheck?

Matter of fact I do have a job. I've seen my paycheck. I've read my taxes. Matter of fact I have a B.S. degree in Economics. Not saying I'm an expert, but if you don't have the level of education I have in the matter then it's most likely I would know more about it than you. You think it's sad, probably because you're comparing it to cases of that around the world. In reality, there are many other developed democratic countries that pay a lot more in taxes than we do and they don't play the "class warfare" card. Americans are spoiled when it comes to tax rates (across the board).
 
psssst:


10/07/2011
10,126,551,131,197.294,733,772,908,417.74
14,860,324,039,615.03

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding

So what then has been added to the debt since obama took office?
 
LOL, just imagine what kind of credit you would give him if he actually signed the Ryan Budget. You continue to miss the point as usual all in an attempt to justify failure.

You continue to not make points all in an attempt to justify your political beliefs.
 
Matter of fact I do have a job. I've seen my paycheck. I've read my taxes. Matter of fact I have a B.S. degree in Economics. Not saying I'm an expert, but if you don't have the level of education I have in the matter then it's most likely I would know more about it than you. You think it's sad, probably because you're comparing it to cases of that around the world. In reality, there are many other developed democratic countries that pay a lot more in taxes than we do and they don't play the "class warfare" card. Americans are spoiled when it comes to tax rates (across the board).

Of course you know more about it than I do. I only spent 35 years in the real business world after getting a college degree as well. There is a reason that this country is better than all other countries in the world and it is called American Exceptionalism.Why would you compare what taxes we pay here to other countries? Want to compare pay as well? Why do you think we need a large central govt. that those taxes fund? What does increasing Federal Taxes do to state taxes?
 
You continue to not make points all in an attempt to justify your political beliefs.

Keep diverting from reality. Did Obama sign a continuing resolution more or less than he wanted?
 
He is not incompetent he merely wants to tax you more so you don't like him. He is not the sole responsible party for today's economy. He may have a VERY small role in it, but it is Bush whom is responsible.

If we have to blame someone or something it should be Bush/the current HoR/Senate. They have not budged on any of their policies and aren't getting anything done. Some of them even say I'm not signing ANYTHING Obama writes. Even if that anything is exactly what they want. *(Yay, the thread isn't dead)*

Bush screwed up the economy in a royal way... taking essentially a balanced budget, starting two wars and paying for them by cutting revenue.... and thus running huge deficits, including turning over a running deficit in excess of $1T per year (zero to $1T in eight short years). Obama's crime is that he has not figured out how to pay for Bush's mess... but the mess was clearly handed over to Obama.

EmployRecessJune2011.jpgGNP late Bush and early Obama.jpg


Its unfortunate that Obama has not been able to cover the bar bill of the drunken sailors that were in the bar and handed him the tab.
 
Thanks, been there done that. Maybe some of your friends will like doing the research, but probably not.

I already it posted once to night where you were going on about leaders, responsibility and authority and I called you out on your standing by your words.
 
Bush screwed up the economy in a royal way... taking essentially a balanced budget, starting two wars and paying for them by cutting revenue.... and thus running huge deficits, including turning over a running deficit in excess of $1T per year (zero to $1T in eight short years). Obama's crime is that he has not figured out how to pay for Bush's mess... but the mess was clearly handed over to Obama.

View attachment 67116671View attachment 67116672


Its unfortunate that Obama has not been able to cover the bar bill of the drunken sailors that were in the bar and handed him the tab.

Amazing how a "dumb cowboy" from TX with total Democrat control of Congress did what you claim he did. Better think about that.

Keep giving Obama a pass, seems you are in that low percentage that continue to support him. What do you know that the majority in this country doesn't? Your outrage over Bush is misguided and distorts your picture of what Obama has done. he had massive control of Congress and generated the following results 2 1/2 years later yet you blame Bush? No other President in modern history has ever had these kind of results 2 years after a recession ended.

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. 38-41% JAR and well over 50-55% disapproval ratings.
 
I already it posted once to night where you were going on about leaders, responsibility and authority and I called you out on your standing by your words.

Cannot wait until your friends Google the U.S. Debt and compare what it was when obama took office to what it is today. Interesting how the blame goes back to Bush even though the budgets were Democrat budgets
 
Cannot wait until your friends Google the U.S. Debt and compare what it was when obama took office to what it is today. Interesting how the blame goes back to Bush even though the budgets were Democrat budgets

Do you even think? I mean what you just said has no logic in it and is almost irrelevant to the argument at hand. Let me sum it up for you. We are saying that BUsh was responsible for the bush great depression and that Obama has attempted (almost successfully) to repair the damage he did. Will you ever just say, sorry I was wrong?
 
Doesn't mean a thing to you, does it? Too big of a number for you to even comprehend.
It is a big number but here's the problem I have with people like you complaining about it ...

... it didn't start with Obama.

I recall when Reagan was tripling the debt, which at the time, it was a massive amout of debt, and Democrats were the ones complaining he was borrowing too much against our future. Republicans and Conservative defended him. He was followed up by Bush Sr. who was on track to doubling the debt over an 8 year period; same thing, Democrats complained it was too much debt and again, Republicans and Conservative defended him. Then we had his son who raised the debt more than Reagan and Bush41 combined. Perhaps you recall Cheney saying, "deficits don't matter."

All it takes to get Conservatives to notice the debt is too high is to elect a Democrat president borrows like a Republican.

And another stat you choose to ignore because you don't like it is that in the year prior to Bush entering office, the debt increased just $21 billion, yet he increased that to $1,438 billion before leaving office. That would be like Obama leaving his predecessor a debt growing by 96 trillion per year based on what he inherited.
 
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I recall when Reagan was tripling the debt, which at the time, it was a massive about of debt

Looks like we have an adult here conservative. I'd also like to point out that both of my parents are liberal.
 
Do you even think? I mean what you just said has no logic in it and is almost irrelevant to the argument at hand. Let me sum it up for you. We are saying that BUsh was responsible for the bush great depression and that Obama has attempted (almost successfully) to repair the damage he did. Will you ever just say, sorry I was wrong?

What? you didn't get your latest IPhone? That seems to be a depression to young liberals. There was no Great Bush Depression which indicates to me that the youth of today don't have a clue what a depression is. Obama did no such thing as the results today are worse than when he took office except on economic growth which ought to be better when you add 4 trillion to the debt.
 
Looks like we have an adult here conservative. I'd also like to point out that both of my parents are liberal.

That makes my point, Reagan added 1.7 trillion to the debt which tripled it and Obama has increased it by 4. trillion dollars or a 40% increase. Which one was worse?
 
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