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Old 05-18-2011, 03:55 PM
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Riot Riot is offline
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Quote:
Originally Posted by dellinger63 View Post
Incidently the amount the budget has been raised from year to year is close to a direct correlation to the amount the debt has risen. Whatever bailout and stimulus packages that have been tried have failed miserably by both Bush and Obama.
That's an opinion that isn't shared by any of the well-known economists I've seen write about it over the past 3 years. No matter their political affiliation, all have said it kept us out of depression.

That our economic mess just "spontaneously reversed" all on it's own is a pretty rare opinion, without much to support it.

Your budget figures are a very simplistic way to look at it. I don't suppose you'd care to pull the military budget out of there (which ballooned after W's watch on a prepredicted pattern, no matter who would be elected President) There are obviously different components you are failing to specify: the military that Bush initiated, the stimulus bailouts that will not be repeated, then our regular discretionary budget. Ignoring that much of those budgets were one-time expenditures seems simplistic if presented under the guise of "analysis".

Quote:
Not so surprisingly considering Obama's giveaway budget
Really? Why don't you post the breakdown of what that budget included - including the cuts to discretionary.

What did you think of the national debt chart I posted, that put the debt to the President who created it?

And here's another national debt chart - it doesn't agree with your figures at all, either. I trust it because it's CBO figures. It also shows that, since Roosevelt-Truman, the most massive increases in our national debt - for everything - occurred under Republican watch, the worse being George W and his two unfunded wars, unfunded Medicare drug benefit, and unfunded tax cuts.

http://en.wikipedia.org/wiki/Nationa...idential_terms

The facts simply show that the Republican party has had terrible economic policy for this country, and has increased our national debt every single time they are in office starting with Reagan.
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Last edited by Riot : 05-18-2011 at 04:11 PM.
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