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I am allowed to rob you.

Irwin Corey said:
But has noting to do with Reagan taking our debt growth exponential "FOR THE FIRST TIME EVER" or why once exponential debt growth was begun, the way Central Banking works, it's nearly impossible to get back to Linear growth. And that, comparing Obama to Regan, is totally disingenuous because their respective situations were drastically different. Basically you're changing the argument, but to what purpose?
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Wrong, you must mean Truman

Truman led to the largest increase in public debt. Public debt rose over 100% of GDP to pay for the mobilization before and during the war. Public debt was $251.43 billion or 112% of GDP at the conclusion of the war in 1945 and was $260 billion in 1950.

History of the United States public debt - Wikipedia
 
Robertinfremont said:
Wrong, you must mean Truman

Truman led to the largest increase in public debt. Public debt rose over 100% of GDP to pay for the mobilization before and during the war. Public debt was $251.43 billion or 112% of GDP at the conclusion of the war in 1945 and was $260 billion in 1950.

History of the United States public debt - Wikipedia
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I went to that page and ... it doesn't support your claim. The Debt to GDP growth Champion was actually Roosevelt during War 2.

debt growth by president.webp

Reagan is the Champion debt grower during peace time and the only President to cut taxes on the wealthy in Half while doing it.
 
Someone has probably already mentioned this in 26 pages, but what he's really doing in the video is giving the reason for the second amendment.
 
Robertinfremont said:
Reagan was a piker compared to what Obama did to all of us. Obama took the debt from 9 trillion to 19 trillion rounded up.
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Reagan's debt in todays dollars would be about $6T so not such a piker after all. Not to mention that sans war, Reagan was the first to more than double the debt and we haven't paid any of it back yet.

I don't get why Trump supporters are so quick to use Obama as their measuring stick. Why compare Trump (or Reagan) to the worst President ever? It's because Trump only looks good compared to the worst and even then only on paper.
 
Robertinfremont said:
BLM are also just more protesters and hopefully many will do time in prison for their antics.
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Stop with the red herrings. You have made your support of racism well known to those who read your replies.

Protesting civil rights abuses isn't criminal.
 
Robertinfremont said:
Reagan was a piker compared to what Obama did to all of us. Obama took the debt from 9 trillion to 19 trillion rounded up.
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Obama was handed an economy in fiscal free fall because of the actions of Geo.W.Bush. He had to clean up the mess of 8 years of GOP taxes cut during wartime and a deregulated financial sector that caused the 2008 crash.
 
Lisa said:
Obama was handed an economy in fiscal free fall because of the actions of Geo.W.Bush. He had to clean up the mess of 8 years of GOP taxes cut during wartime and a deregulated financial sector that caused the 2008 crash.
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That is wrong. Bush handed Obama the 2008-09 budget. Give Obama credit for messing things up.
 
Lisa said:
Obama was handed an economy in fiscal free fall because of the actions of Geo.W.Bush. He had to clean up the mess of 8 years of GOP taxes cut during wartime and a deregulated financial sector that caused the 2008 crash.
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No Democrat has yet proved the above^^^^^^^^^^^ To many errors^^^^^^^^^^^
 
Lisa said:
Stop with the red herrings. You have made your support of racism well known to those who read your replies.

Protesting civil rights abuses isn't criminal.
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My problem is not protesting, it is the gang warfare committed by blacks on even their own local businesses. I don't support Racism.

Remember, abuse is always done by Government and let's admit this now we are chatting. The problems happening happen in Democrats managed cities. Republican cities do not have those problems.
 
less right said:
Reagan's debt in todays dollars would be about $6T so not such a piker after all. Not to mention that sans war, Reagan was the first to more than double the debt and we haven't paid any of it back yet.

I don't get why Trump supporters are so quick to use Obama as their measuring stick. Why compare Trump (or Reagan) to the worst President ever? It's because Trump only looks good compared to the worst and even then only on paper.
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Roosevelt, aka FDR set the record for most public debt over a short time span.
 
Robertinfremont said:
No Democrat has yet proved the above^^^^^^^^^^^ To many errors^^^^^^^^^^^
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You should embrace facts for once in your life,

The Great Recession began well before 2008. The first signs came in 2006 when housing prices began falling. By August 2007, the Federal Reserve responded to the subprime mortgage crisis by adding $24 billion in liquidity to the banking system.1 By September 2008, Congress approved a $700 billion bank bailout, now known as the Troubled Asset Relief Program. By February 2009, Obama proposed the $787 billion economic stimulus package, which helped avert a global depression. Here is an overview of the significant moments of the Great Recession of 2008.
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The Great Recession of 2008: Explanation With Dates

Here is a visual for you,
_112027341_optimised-usgdp-nc.png
 
Robertinfremont said:
Roosevelt, aka FDR set the record for most public debt over a short time span.
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FDR inherited a depression and faced a world war. Most of his debt occurred during the war. Trump had a great economy and no real crisis for the first 3 years. Not to mention Trump promised to lower deficits and eliminate the debt in 8 years. The first four years shows that to be a pipe dream.
 
Robertinfremont said:
Roosevelt, aka FDR set the record for most public debt over a short time span.
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FDR had a World War to contend with and used his brand of socialism to upgrade our economy from a relative third world economy into the first world economy we have today.

Some on the left may allege, the Socialism of War is a Failure of Capitalism.
 
danielpalos said:
FDR had a World War to contend with and used his brand of socialism to upgrade our economy from a relative third world economy into the first world economy we have today.

Some on the left may allege, the Socialism of War is a Failure of Capitalism.
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FDR easily could have avoided the war. The war cured the bad economy, not other acts by FDR. His WAR cured the bad economy.
 
less right said:
FDR inherited a depression and faced a world war. Most of his debt occurred during the war. Trump had a great economy and no real crisis for the first 3 years. Not to mention Trump promised to lower deficits and eliminate the debt in 8 years. The first four years shows that to be a pipe dream.
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Many argue FDR made things worse. Many argue he got us into war. As to Trump, I chalk that up to the scary Bear story. Say it more and you believe it.
 
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