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Trump promised Bob Woodward he would pay off the national debt in two terms.

MTAtech said:
I suggest you take your own advice.

The Dems didn't completely control the Senate. Al Franken was seated nearly eight months after winning his Senate seat. Even if the Senate was controlled by Democrats (e.g. 50 seats), the statement ignores two other facts. a) there were Democrats in the Senate that vote as if they were Republicans. b) Republicans liberally used the filibuster to block legislation.

The Dems never had 60 Senate seats post-2008 that would be needed to overcome Republican opposition. They had between 56 and 58 seats. For that very brief period they had 58 seats with consistent support from Bernie Sanders and inconsistent support from Joe Lieberman. The Democrats hardly had 60 Dem seats, and hardly 60 reliable Dem votes. Then in a special election the following January, Scott Brown won Teddy Kennedy’s old seat, and was sworn in on February 4th.
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They sure had enough total control to shove Obamacare down our throats.
 
Bob Woodard promised to maintain a high standard of journalism.


Bob lied first.
 
joko104 said:
Nor do most Democrats. Obama increased the national debt more than all prior president combined, and the USA was not in any world war or national mass civil war. I do not recall even ONE Democrat on this forum having any problem with that.
The national debt will not be an issue in this election because that is 1st priority to virtually no one. Thus, it is a truly pointless talking point for either side nor ever has been. That's why there is a $22 trillion and growing national debt. The overwhelming majority of people knowingly go into huge personal debt if it gets them what they want.
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Democrats generally don't want to do anything about spending, never claimed to. Maybe Bill Clinton did... However, Democrats didn't run their 2012 candidate "On the economy," and had a big ginormous debt clock at their conventions. Also Trump doubled what obama did already...Yet you nat-cs keep screaming six more years...
 
Mycroft said:
They sure had enough total control to shove Obamacare down our throats.
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Obamacare was passed using the budget reconciliation process (e.g. can't filibuster) in 2010. Republicans later used it to repeal Obamacare in 2015.
 
joko104 said:
Nor do most Democrats. Obama increased the national debt more than all prior president combined, and the USA was not in any world war or national mass civil war. I do not recall even ONE Democrat on this forum having any problem with that.
The national debt will not be an issue in this election because that is 1st priority to virtually no one. Thus, it is a truly pointless talking point for either side nor ever has been. That's why there is a $22 trillion and growing national debt. The overwhelming majority of people knowingly go into huge personal debt if it gets them what they want.
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So, you think the Democrats raised the debt during Obama absent a world war or national mass civil war, huh? This is wrong thinking on several levels. First, the Democrats didn't choose to raise the debt. If you disagree, cite what new programs Democrats created that increased spending or tax-cuts that drained revenue.

Second, the debt increase happened because we had this little thing called the financial crisis, which caused 10% unemployment. You may know that when people lose their jobs they don't get paid and don't pay income taxes -- which explains why annual federal revenue fell by half a trillion dollars.

Third, I am sure you would suggest that Obama, seeing this huge debt, should have raised taxes or cut spending. If he did, he would have turned the economy into a full-blown depression. You see, when we are in an economic downturn of that size, the deficit or debt is not nearly as important as getting the unemployed back to work faster. Doing so would restore federal revenue and diminish the deficit.

Fourth, we all know you really don't care about alternative policy or the context surrounding the debt increase. You just want to be able to say "Obama raised the debt to historic reasons."
 
MTAtech;1070404576]So, you think the Democrats raised the debt during Obama absent a world war or national mass civil war, huh? This is wrong thinking on several levels. First, the Democrats didn't choose to raise the debt. If you disagree, cite what new programs Democrats created that increased spending or tax-cuts that drained revenue.
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The 842 billion stimulus program that didn't create the taxpayers promised which drained gov't gov't revenue by seeing employment drop 4 million in 2009 and recover 1 million in 2010 leaving employment down 3 million from the January 2009 numbers.

Recycling TARP payments rather than paying down the deficit, Tim Geithner!

GM Takeover at a cost of 52 billion dollars

Second, the debt increase happened because we had this little thing called the financial crisis, which caused 10% unemployment. You may know that when people lose their jobs they don't get paid and don't pay income taxes -- which explains why annual federal revenue fell by half a trillion dollars.
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TARP recapitalized the banks and ended the financial crisis and TARP was passed in October 2008 with almost all the Bush LENDING repaid in 2009 but never used to pay down the deficit

Third, I am sure you would suggest that Obama, seeing this huge debt, should have raised taxes or cut spending. If he did, he would have turned the economy into a full-blown depression. You see, when we are in an economic downturn of that size, the deficit or debt is not nearly as important as getting the unemployed back to work faster. Doing so would restore federal revenue and diminish the deficit.
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Most leftist ignore the purpose of Federal Social spending which is to create a stronger bureaucracy and career politicians. Raising taxes is the Left go to program as you have no understanding how higher taxes reduce consumer spending and business incentives

Fourth, we all know you really don't care about alternative policy or the context surrounding the debt increase. You just want to be able to say "Obama raised the debt to historic reasons.
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We all do know that the left doesn't understand the private sector and believes spending in the name of compassion generates actual positive results but it doesn't it creates dependence. Context matters and you have provided NONE
 
MTAtech said:
So, you think the Democrats raised the debt during Obama absent a world war or national mass civil war, huh? This is wrong thinking on several levels. First, the Democrats didn't choose to raise the debt. If you disagree, cite what new programs Democrats created that increased spending or tax-cuts that drained revenue.

Second, the debt increase happened because we had this little thing called the financial crisis, which caused 10% unemployment. You may know that when people lose their jobs they don't get paid and don't pay income taxes -- which explains why annual federal revenue fell by half a trillion dollars.

Third, I am sure you would suggest that Obama, seeing this huge debt, should have raised taxes or cut spending. If he did, he would have turned the economy into a full-blown depression. You see, when we are in an economic downturn of that size, the deficit or debt is not nearly as important as getting the unemployed back to work faster. Doing so would restore federal revenue and diminish the deficit.

Fourth, we all know you really don't care about alternative policy or the context surrounding the debt increase. You just want to be able to say "Obama raised the debt to historic reasons."
Click to expand...

Once again, virtually no voter cares about the national debt. Yes, the Democratic Party believes it can deny reality by excuses.
 
Conservative said:
Faster than ever before? After the Obama debacle?? Don't think so
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Well for one thing it wouldn't , or should I say shouldn't under Trump as it did under Obama
Trump took over a recovering economy ( as slow as it was, it could have been a lot better if McConnell and the Republicans would have worked with Obama and not do everything to make him a one term President / or look as bad as Bush was )
Now we can take the debt from the day Trump took office, just like you do with Obama, or from the day he takes over the Budget and the debt on Oct 1 . 2019
If we take it from his first day in office he gets the benefit of the last Obama budget, and the debt would have gone up only 546 Billion but if we take it From Oct 1 2017 to the end of Sept 2018 it went up 1.259 Trillion
Trump has run up the debt more in his first Fiscal year then Obama did in 5 out of the 8 years he was in office.
Obama's debt by fiscal year
2010 1.65T
2011 1.229T
2012 1.276 T
2013 672 Billion
2014 1.08 T
2015 327 Billion
2016 1.42 T
2017 672.8 Billion

Trumps first fiscal year 1.259 T
so Trump take over a recovering economy ( that he says is a great economy after he takes over the Fiscal year ) and he runs the debt up more then Obama did in 5 out of his 8 years in office
Why if Trumps economy was going so good did he run the debt up so much , and don't say it was because of the Dems, the Republicans had complete control of the US gov. for his first two years in office.
Now I wonder just how much Trump would have run the debt up IF he took over a Great Recession like Obama did
Have a nice afternoon
 
joko104 said:
Nor do most Democrats. Obama increased the national debt more than all prior president combined, and the USA was not in any world war or national mass civil war. I do not recall even ONE Democrat on this forum having any problem with that.
The national debt will not be an issue in this election because that is 1st priority to virtually no one. Thus, it is a truly pointless talking point for either side nor ever has been. That's why there is a $22 trillion and growing national debt. The overwhelming majority of people knowingly go into huge personal debt if it gets them what they want.
Click to expand...

On a % increase of debt

Reagan increased federal debt by `161 % over 8 years

Clinton by 29% over 8 years

Bush II 73 % over 8 years

Obama by 65%


The increase in debt to GDP for the above

Reagan 18% points

Clinton -8.5% points ( Debt to GDP decrease under Clinton)

Bush II 13.3%

Obama 22.3%


For all the claims of Carter being horrible, debt to GDP decreased in his time in office by 2.1% points

So you can see Obama did not increase the debt by more than all prior presidents combined, the only president to have done that is Reagan, (at least since 1976)
 
joko104 said:
Once again, virtually no voter cares about the national debt. Yes, the Democratic Party believes it can deny reality by excuses.
Click to expand...
There was a time -- not long ago, when the Republican Party cared about debt -- usually when a Democrat was in the White House.

Candidate Trump pledging to eliminate the national debt in eight years - yes, an absurd promise.

When a Democrat held the White House, the debt ceiling was the Republicans’ favorite tool for forcing conversations about spending caps and long-term entitlements. It dominated the national political headlines from 2011-2014.

Now, particularly under a president who won a competitive primary by trashing traditional conservative notions of trimming the welfare state, Republicans are treating the borrowing limit as a momentary irritant, to be waved off as politically necessary.
 
Mycroft said:
Last year, Trump successfully renegotiated one of those crappy trade deals he was talking about way back in 2016 and we have the creation of the USMCA. This new trade deal will be hugely beneficial to all three countries involved, but especially for the US. Such is the power of a good negotiator.

So...what's the status of the USMCA? It requires Congress to sign off on it. That process starts with the House. So far, Nancy has been silent about the issue, while she does nothing to get the ratification process rolling.

In this most recent spending legislation, Congress used the debt ceiling as the threat to get Trump to pass THEIR spending increases. And now...people blame Trump for it. He's damned if he does and damned if he doesn't.

These are examples of Congress scheming, maneuvering and putting up roadblocks to prevent Trump from doing the right thing for the US. All they care about is making Trump look bad...even if it hurts the People...even if it hurts the Country...even if it blows the spending deficit and the National Debt sky high.

And the useful idiots? Well...we see how they are reacting here in this thread. "TrumpOrange man Bad!!"
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Fixed it for you.
 
Lord Tammerlain said:
On a % increase of debt

Reagan increased federal debt by `161 % over 8 years

Clinton by 29% over 8 years

Bush II 73 % over 8 years

Obama by 65%


The increase in debt to GDP for the above

Reagan 18% points

Clinton -8.5% points ( Debt to GDP decrease under Clinton)

Bush II 13.3%

Obama 22.3%


For all the claims of Carter being horrible, debt to GDP decreased in his time in office by 2.1% points

So you can see Obama did not increase the debt by more than all prior presidents combined, the only president to have done that is Reagan, (at least since 1976)
Click to expand...

Obama doubled debt to $20T.
 
Lord Tammerlain said:
On a % increase of debt

Reagan increased federal debt by `161 % over 8 years

Clinton by 29% over 8 years

Bush II 73 % over 8 years

Obama by 65%


The increase in debt to GDP for the above

Reagan 18% points

Clinton -8.5% points ( Debt to GDP decrease under Clinton)

Bush II 13.3%

Obama 22.3%


For all the claims of Carter being horrible, debt to GDP decreased in his time in office by 2.1% points

So you can see Obama did not increase the debt by more than all prior presidents combined, the only president to have done that is Reagan, (at least since 1976)
Click to expand...
Most Right winngers keep repeating that lie
Fact is there have only been two Presidents in the last 50 years to have doubled the debt Reagan something like 168 % Bush II 101%
Bush took the debt from 5.8 Trillion to 11.9 T
https://www.debtconsolidation.com/us-debt-presidents/#president-section-george-bush-junior
so IF Obama had doubled the debt like they keep saying the debt would have been over 23 Trillion when Trump took office and it wasn't it was 19,947,304,555,212.49
Debt to the Penny (Daily History Search Application)
So again as I have said time and time again they keep repeating the same old Right wing lie
Have a nice day
 
American said:
$19.54T in FY17
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And started at $11.88T in 2009


8 years an increase of 7.66 trillion

7.66 trillion is less than 11.88 Trillion.

So the previous presidents added together 11.88 Trillion

Obama added 7.66 trillion

Not more than all the other president combined. Using Fiscal Year data
 
American said:
Obama doubled debt to $20T.
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Obama was digging out of the Great Recession Bush II left him with. The time to borrow money is during a recession. The time to pay off the debt is during a recovery. During the 2016 primary Trump said he would raise taxes on the rich. What became of that promise?
 
Integrityrespec said:
Trump said in two terms, we aren't even halfway there.
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Tell you what. You put up 100 dollars and I will put up 1000 dollars. If Trump completely pays off the national debt, over 20 trillion at this point, by the time he finished 2 terms, then you win my $1000. If Trump fails to do so, then I win your $100 dollars.

There is no way in hell you would take that bet because you know damn well you would be out a hundred dollars on it.
 
Tbird19482 said:
Well for one thing it wouldn't , or should I say shouldn't under Trump as it did under Obama
Trump took over a recovering economy ( as slow as it was, it could have been a lot better if McConnell and the Republicans would have worked with Obama and not do everything to make him a one term President / or look as bad as Bush was )
Now we can take the debt from the day Trump took office, just like you do with Obama, or from the day he takes over the Budget and the debt on Oct 1 . 2019
If we take it from his first day in office he gets the benefit of the last Obama budget, and the debt would have gone up only 546 Billion but if we take it From Oct 1 2017 to the end of Sept 2018 it went up 1.259 Trillion
Trump has run up the debt more in his first Fiscal year then Obama did in 5 out of the 8 years he was in office.
Obama's debt by fiscal year
2010 1.65T
2011 1.229T
2012 1.276 T
2013 672 Billion
2014 1.08 T
2015 327 Billion
2016 1.42 T
2017 672.8 Billion

Trumps first fiscal year 1.259 T
so Trump take over a recovering economy ( that he says is a great economy after he takes over the Fiscal year ) and he runs the debt up more then Obama did in 5 out of his 8 years in office
Why if Trumps economy was going so good did he run the debt up so much , and don't say it was because of the Dems, the Republicans had complete control of the US gov. for his first two years in office.
Now I wonder just how much Trump would have run the debt up IF he took over a Great Recession like Obama did
Have a nice afternoon
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So in your world 1.6% GDP Growth is an improving economy for that is what Trump inherited from Obama in 2016
 
Lord Tammerlain said:
On a % increase of debt

Reagan increased federal debt by `161 % over 8 years

Clinton by 29% over 8 years

Bush II 73 % over 8 years

Obama by 65%


The increase in debt to GDP for the above

Reagan 18% points

Clinton -8.5% points ( Debt to GDP decrease under Clinton)

Bush II 13.3%

Obama 22.3%


For all the claims of Carter being horrible, debt to GDP decreased in his time in office by 2.1% points

So you can see Obama did not increase the debt by more than all prior presidents combined, the only president to have done that is Reagan, (at least since 1976)
Click to expand...

Typical liberal spin where percentage change trumps actual dollars. Do we pay debt service on the percentage change or the dollars? Is 1.7 trillion Reagan debt worse than the 9.3 Obama debt because the percentage change is worse?
 
MTAtech said:
There was a time -- not long ago, when the Republican Party cared about debt -- usually when a Democrat was in the White House.

Candidate Trump pledging to eliminate the national debt in eight years - yes, an absurd promise.

When a Democrat held the White House, the debt ceiling was the Republicans’ favorite tool for forcing conversations about spending caps and long-term entitlements. It dominated the national political headlines from 2011-2014.

Now, particularly under a president who won a competitive primary by trashing traditional conservative notions of trimming the welfare state, Republicans are treating the borrowing limit as a momentary irritant, to be waved off as politically necessary.
Click to expand...

Promises?? You spend a lot of time focusing on promises and no time spent on discussing or analyzing results.
 
Lord Tammerlain said:
And started at $11.88T in 2009


8 years an increase of 7.66 trillion

7.66 trillion is less than 11.88 Trillion.

So the previous presidents added together 11.88 Trillion

Obama added 7.66 trillion

Not more than all the other president combined. Using Fiscal Year data
Click to expand...

Please show me the APPROVED Budget for 2009 and then the line items Bush spent since apparently the 2009 deficit belongs to Bush and then liberal logic, the 2017 deficit belongs to Trump, LOL
 
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