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Obama to call for new tax increases in State of the Union address

Reagan tripled it, Bush 43 doubled it, and Obama is on course to double it again, how about consistently criticising government spending, rather then your partisan opinions that help nothing.

I look at results, Reagan added 1.7 trillion, Bush 4.9 trillion, and Obama 7.6 trillion to date.

Reagan created 17 million jobs and neither Reagan or Bush even came close to having debt exceeding our GDP. It isn't the role of the Federal Govt. to run a surplus but rather to get results, Reagan got results, Bush got results, Obama is a disaster and shows his incompetence.
 
I look at results, Reagan added 1.7 trillion, Bush 4.9 trillion, and Obama 7.6 trillion to date.

Reagan created 17 million jobs and neither Reagan or Bush even came close to having debt exceeding our GDP. It isn't the role of the Federal Govt. to run a surplus but rather to get results, Reagan got results, Bush got results, Obama is a disaster and shows his incompetence.

Indubitably, results matter. Obama's contribution to the ND is 53% while Reagan's contribution was 186% increase.

US Debt by President: By Dollar and Percent
 
Well that's the point. George W Bush doubled the national debt from 5 trillion to 10 trillion, something you've seemed perfectly at ease with. Apparently, it's only when a democratic president doubles the ND (something Obama will likely accomplish as well) that partisans such as yourself begin the hand wringing. Personally, I have issues with federal government debt and would support a CA banning it. All spending should be paid for by tax and other revenues. Perhaps then, Americans would be less interested in maintaining a global police force and more interested with our own domestic ills. And there's no doubt a bunch of other spending Americans would learn to live without too.


He did ? Let me guess, your'e dishonestly attributing 100 percent of the FY2009 budget to Bush.

Even though it wasn't passed until October 2008, even though Obama signed 9 out of the 12 spending appropriations bills contained in it. In a budget that was put forward by Nancy Pelosi.

In a budget that Bush publicly threatened to Veto the massive spending increases that were contained in it.

Talk about being partisan.
 
Indubitably, results matter. Obama's contribution to the ND is 53% while Reagan's contribution was 186% increase.

US Debt by President: By Dollar and Percent

Reagan reduced spending as a percentage of GDP.

Reagan's Presidency produced positive economic results and lifted this Country out of a malaise both economically and morally.

Obamas presidency has only produced more mediocrity and struggle.
 
He did ? Let me guess, your'e dishonestly attributing 100 percent of the FY2009 budget to Bush.

Even though it wasn't passed until October 2008, even though Obama signed 9 out of the 12 spending appropriations bills contained in it. In a budget that was put forward by Nancy Pelosi.

In a budget that Bush publicly threatened to Veto the massive spending increases that were contained in it.

Talk about being partisan.

Actually the 2009 fiscal year budget wasn't passed and signed until March 2009 and Obama's team knew that his base would blame the entire budget deficit on Bush which has turned out to be true. Guess in the liberal world when you sign your name on any budget it still belongs to the previous individual. Wonder how that works in real life?
 
Reagan reduced spending as a percentage of GDP.

Reagan's Presidency produced positive economic results and lifted this Country out of a malaise both economically and morally.

Obamas presidency has only produced more mediocrity and struggle.

Lol, morally, what a crock that is. Reagan increased the national debt by 186%!!!!!! Stick that in your pipe and smoke it. Better yet, condemn ALL public debt and not just when a democratic president contributes to it and earn some respect.
 
So does it cost the taxpayers more money to fund a 1.7 trillion dollar debt or 7.6 trillion debt?

Are you aware of what 2 trillion 1983 dollars are in today's money? It's like the 1968 minimum wage adjusted for inflation would be over ten dollars an hour today, so the MW has effectively gone down, and the republicans are fine with that, but don't touch the gawd damn Pentagon budget, not that republican sacred cow.
 
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Lol, morally, what a crock that is. Reagan increased the national debt by 186%!!!!!! Stick that in your pipe and smoke it. Better yet, condemn ALL public debt and not just when a democratic president contributes to it and earn some respect.

Stop making a fool of yourself and distorting the record. What exactly did we get for the 1.7 trillion dollars Reagan added the debt vs. what we got form the 7.6 trillion Obama has added. Think. By the way do you understand public debt vs. total debt? You really don't understand debt and debt service, do you? Please tell me how a 186% increase in debt affected the taxpayers and then how the 70% increase in debt also affected the taxpayers?
 
Stop making a fool of yourself and distorting the record. What exactly did we get for the 1.7 trillion dollars Reagan added the debt vs. what we got form the 7.6 trillion Obama has added. Think. By the way do you understand public debt vs. total debt? You really don't understand debt and debt service, do you? Please tell me how a 186% increase in debt affected the taxpayers and then how the 70% increase in debt also affected the taxpayers?

That's just it, it has little effect on the tax payers, ITS DEBT. Had Reagan raised taxes to cover his spending, a much more logical approach, then tax payers would have been affected. As it is, for years now, the government (not just Obama's) services the interest on the ND. Nobodies paying down on it. But have fun trying to blame the increasing ND all on democratic presidents.
 
That's just it, it has little effect on the tax payers, ITS DEBT. Had Reagan raised taxes to cover his spending, a much more logical approach, then tax payers would have been affected. As it is, for years now, the government (not just Obama's) services the interest on the ND. Nobodies paying down on it. But have fun trying to blame the increasing ND all on democratic presidents.

President Reagan won the largest landslide victory in 1984 in Modern history so don't you think you might just be wrong about the tax increases?

How old were you then? I was in my upper 30's. I find it interesting that many try to compare the 1.7 trillion dollar Reagan debt to the 7.6 trillion dollar Obama debt but ignore debt service isn't inflation adjusted and even if it were the debt for 8 years would be about 3.3 trillion today still much less than the 7.6 trillion of Obama's and the results couldn't be much further apart.

You are right though, people ignore debt service which today is about 250 billion dollars a year, the fourth largest budget item and rising. when interest rates return to more normal range that debt service will be near the number one budget item

By the way, I grew up a Democrat but that party left me. Please don't go there on debt because Obama alone has added more debt in 6 years than Reagan, GHW Bush, and GW Bush combined
 
Are you aware of what 2 trillion 1983 dollars are in today's money? It's like the 1968 minimum wage adjusted for inflation would be over ten dollars an hour today, so the MW has effectively gone down, and the republicans are fine with that, but don't touch the gawd damn Pentagon budget, not that republican sacred cow.

The debt service paid on that 1.7 trillion dollar debt isn't inflation adjusted, it is real dollars, but if you want to adjust the debt to today's dollars you will find it amounts to about 3.3 trillion dollars in 8 years and the question is what did we get for it? 17 million jobs, doubling GDP.
 
President Reagan won the largest landslide victory in 1984 in Modern history so don't you think you might just be wrong about the tax increases?

How old were you then? I was in my upper 30's. I find it interesting that many try to compare the 1.7 trillion dollar Reagan debt to the 7.6 trillion dollar Obama debt but ignore debt service isn't inflation adjusted and even if it were the debt for 8 years would be about 3.3 trillion today still much less than the 7.6 trillion of Obama's and the results couldn't be much further apart.

You are right though, people ignore debt service which today is about 250 billion dollars a year, the fourth largest budget item and rising. when interest rates return to more normal range that debt service will be near the number one budget item

By the way, I grew up a Democrat but that party left me. Please don't go there on debt because Obama alone has added more debt in 6 years than Reagan, GHW Bush, and GW Bush combined

Reagan's ND contribution adjusted for inflation in today's dollars would be closer to five trillion. And Bush presided over one of the largest increases in the size of government in history. Do you ever tire of blaming all Americas ills on one party? Not to worry, its a rhetorical question.
 
President Reagan won the largest landslide victory in 1984 in Modern history so don't you think you might just be wrong about the tax increases?

How old were you then? I was in my upper 30's. I find it interesting that many try to compare the 1.7 trillion dollar Reagan debt to the 7.6 trillion dollar Obama debt but ignore debt service isn't inflation adjusted and even if it were the debt for 8 years would be about 3.3 trillion today still much less than the 7.6 trillion of Obama's and the results couldn't be much further apart.

You are right though, people ignore debt service which today is about 250 billion dollars a year, the fourth largest budget item and rising. when interest rates return to more normal range that debt service will be near the number one budget item

By the way, I grew up a Democrat but that party left me. Please don't go there on debt because Obama alone has added more debt in 6 years than Reagan, GHW Bush, and GW Bush combined

Reagan added 1.8, GHWBUSH added 1.5 and GWBush added 5, which is more than Obama, and the percentage that Reagan added to the ND dwarfs Obama's. You should want to see no ND, rather than no accumulation by democratic presidents alone.
 
Reagan added 1.8, GHWBUSH added 1.5 and GWBush added 5, which is more than Obama, and the percentage that Reagan added to the ND dwarfs Obama's. You should want to see no ND, rather than no accumulation by democratic presidents alone.

Reagan was in office 8 years, Bush 4, and GW 8, Obama's debt dwarfs them all and will far and away exceed their combined total at the end of his term. percentage change means absolutely nothing except to people who don't understand debt service

GW Bush 4.9
GHW 1.2
Reagan 1.7

Total 7.8

Obama 7.6 trillion in 6 yrs

Isn't it about time to stop trying to defend the indefensible?
 
Reagan's ND contribution adjusted for inflation in today's dollars would be closer to five trillion. And Bush presided over one of the largest increases in the size of government in history. Do you ever tire of blaming all Americas ills on one party? Not to worry, its a rhetorical question.

Here is the inflation adjust calculator, figure it out from 1988 to the present

The Inflation Calculator
 
Reagan was in office 8 years, Bush 4, and GW 8, Obama's debt dwarfs them all and will far and away exceed their combined total at the end of his term. percentage change means absolutely nothing except to people who don't understand debt service

GW Bush 4.9
GHW 1.2
Reagan 1.7

Total 7.8

Obama 7.6 trillion in 6 yrs

Isn't it about time to stop trying to defend the indefensible?

What am I defending? I loathe our ND, all of it, not just the part contributed during republican presidencies. I would support a CA that banned it. On the other hand you idolise Reagan (well all republican presidencies) so that you can't see their contributions to the ND. your a partisan, that's what partisans do.
 
What am I defending? I loathe our ND, all of it, not just the part contributed during republican presidencies. I would support a CA that banned it. On the other hand you idolise Reagan (well all republican presidencies) so that you can't see their contributions to the ND. your a partisan, that's what partisans do.

Context my friend, context. What did we get for that debt? When you go into debt isn't it about what you get for that debt? Do you have any idea what the economy was like when Reagan took office? Then compare the Reagan economic plan with Obama's? There wasn't a dime of spending in that Reagan economic plan that passed Congress in August 1981. The spending was done as a result of the economic boom that the Reagan economy generated and much of it was Congressional spending on social spending attached to defense bills which actually destroyed the Soviet Union and created the peace dividend. I wish people here who weren't around then wouldn't try to rewrite history
 
Context my friend, context. What did we get for that debt? When you go into debt isn't it about what you get for that debt? Do you have any idea what the economy was like when Reagan took office? Then compare the Reagan economic plan with Obama's? There wasn't a dime of spending in that Reagan economic plan that passed Congress in August 1981. The spending was done as a result of the economic boom that the Reagan economy generated and much of it was Congressional spending on social spending attached to defense bills which actually destroyed the Soviet Union and created the peace dividend. I wish people here who weren't around then wouldn't try to rewrite history

National debt isn't bad only when accumulated by democratic presidents, sorry. I may not be the relic you are, but I was certainly around and voting throughout the Reagan years.
 
National debt isn't bad only when accumulated by democratic presidents, sorry. I may not be the relic you are, but I was certainly around and voting throughout the Reagan years.

Cannot or will not answer the question about context?? Which is it?
 
Cannot or will not answer the question about context?? Which is it?

Yes, we covered that. I put it into context. Reagan's contribution was 186% increase to the ND, opposed to Obama's 53%. A figure I'm not pleased with either. But the context is clear right there.
 
Yes, we covered that. I put it into context. Reagan's contribution was 186% increase to the ND, opposed to Obama's 53%. A figure I'm not pleased with either. But the context is clear right there.

That apparently is what you see but just shows how little you know. Reagan's debt was 50% of GDP and for that debt he doubled GDP and created 17 million jobs. Doubt that impresses you since it is all about percentage change.
 
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