JEB BUSH TRIES TO "PULL THE WOOL" OVER THE GOP SHAKERS.....

[gfejunkie]

So you like percentages, huh?
How about this one...

Under Obama's continuing resolution spending the national debt has grown to an unprecedented 102% of GDP. Another 'first' for the annointed one!

Budgets don't mean shit.
Actual spending does.

[WTF]

Originally Posted by LexusLover

Do you have a chart in dollars?

"Reagan : Added $1.86 trillion"

"Obama : added $6.103 trillion" with 2 more years to go, plus one*

.

You do understand the time vs money concept? If not ask the dick licker from Pissburg.

For your information , today's dollars are not the same as the buying power of dollars thirty years ago. That is why this chart is more relevant.

[WTF]

Originally Posted by gfejunkie

Budgets don't mean shit.
Actual spending does.

Are you eccie's version of Dick Cheney?

Cheney to Treasury: "Deficits don't matter" Former Treasury Secretary Paul O'Neill was told "deficits don't matter" when he warned of a looming fiscal crisis.
O'Neill, fired in a shakeup of Bush's economic team in December 2002, raised objections to a new round of tax cuts and said the president balked at his more aggressive plan to combat corporate crime after a string of accounting scandals because of opposition from "the corporate crowd," a key constituency. O'Neill said he tried to warn Vice President Dick Cheney that growing budget deficits-expected to top $500 billion this fiscal year alone-posed a threat to the economy. Cheney cut him off. "You know, Paul, Reagan proved deficits don't matter," he said, according to excerpts. Cheney continued: "We won the midterms (congressional elections). This is our due." A month later, Cheney told the Treasury secretary he was fired.

[Guest040616]

Originally Posted by WTF

[SIZE=3]For your information , today's dollars are not the same as the buying power of dollars thirty years ago. That is why this chart is of more relevancy.

LLIdiot has zero credibility which was brought about by his long, sordid history of cherry picking facts.

But what do you expect from the Patriarch of the Notorious Idiot Klan, errrr Clan?

And he had the audacity to once refer to himself as a "Democrat!"

Didn't Strom Thurmond also call himself a Democrat?

[Fast Gunn]

Well, I hate to agree with the old geezer, but he is right on this one.

Washington has become so toxic that both parties forget their duty to govern when they become focused solely on power even to the determent of the country.

. . . Where is the leader that can rise above the gridlock and actually work with the other party to lead this country back to prosperity?

Originally Posted by CuteOldGuy

Jeb Bush. Please, God, NO! The choice between Hillary Clinton and Jeb Bush is no choice. Again. I'm not sure we've had a real choice for President since 1972.

I do kind of like that police chief in Milwaukee. Can't find the link, but he put AG Holder in his place.

[WTF]

Originally Posted by Fast Gunn

. . . Where is the leader that can rise above the gridlock and actually work with the other party to lead this country back to prosperity?

Do you not understand that this country is back on the rise? Quit falling for these fucking Tea Turds gloom and doom.

Any of you fools not understand just what a huge asset all this oil and gas finds over the last few years have been? Do we need tax reform? Yes but it takes two to tango.

[gfejunkie]

Originally Posted by WTF

Dick Cheney?

[Fast Gunn]

Well, yes, the country averted a financial meltdown because of the triage arranged by President Obama's administration on the dying economy left to us courtesy of the cowboy polices of Bush.

We should all be grateful to President Obama who arranged to bring down Osama Bin Laden who managed to evade capture for over a decade.

. . .However, running a country as powerful as the USA is the most complex job that any man could tackle, but it seems like such a thankless job. From his position, President Obama should be able to groom a successor that would help to ensure continued prosperity for this country, but when his own party does not even want him on their campaign stage, they are essentially handing the White House back to the GOP who are certainly going to drive the ox back into the ditch when they stick it to the middle class and line their own pockets!

Originally Posted by WTF

Do you not understand that this country is back on the rise? Quit falling for these fucking Tea Turds gloom and doom.

Any of you fools not understand just what a huge asset all this oil and gas finds over the last few years have been? Do we need tax reform? Yes but it takes two to tango.

[lustylad]

Originally Posted by WTF

Do you not understand that this country is back on the rise?

You mean Ronnie (your hero who licked your sweet spot) is back? Cool!

[CuteOldGuy]

Do any of the graphs and/or statistics indicate that the National Debt is NOT $18 trillion? Spin it all you want, blame whoever you want, but $18 trillion in debt portends disaster on a biblical scale! It would take every man, woman and child working at the median wage, giving all their money to the government just to pay down the debt we have now over 400 years to pay this thing off. 400+ YEARS!!!

The time for blame is over. Let's solve it, then argue about who's fault it was.

[lustylad]

Stop looking at percentage increases or nominal dollar amounts. Both are misleading.

The only yardstick that makes sense in viewing the national debt is to track it as a percentage of our GDP. (Gfejunkie alluded to it in post #46.)

The only way to make the debt manageable over time is to grow the GDP. Everyone knows more income makes it easier to handle debt.

Now why don't one of you clowns put up a debt/GDP chart? I'm tired of doing everything for you.

[WTF]

Originally Posted by lustylad

The only way to make the debt manageable over time is to grow the GDP. Everyone knows more income makes it easier to handle debt.

.

You're like the little College Prick that tells your parents your spending is not the problem .... they just need to make more money to cover your irresponsible spending! What a fucking loon

[lustylad]

Originally Posted by WTF

You're like the little College Prick that tells your parents your spending is not the problem .... they just need to make more money to cover your irresponsible spending! What a fucking loon

Is that all you got? You're the one who needs to clean up your act, fagboy. Your parents are sick and tired of bailing you out every time you get caught sucking dicks down in Tranny Alley.

And since you're too stupid and lazy to look anything up, here are some numbers for you to suck on, fagboy:

When WW2 ended in 1945, the national debt was $259 billion and our GDP was $228 billion. This means the debt/GDP ratio was a staggering 116%.

In 1975 - thirty years later - the debt was $533 billion and GDP was $1,714 billion. This means the debt/GDP ratio had dropped to 31%.

So we never really paid off our WW2 debts. We just kept rolling them over. In fact, we let the debt double between 1945 and 1975. But since the economy over the same period grew by seven-fold (in nominal terms) the debt became less and less problematic.

Get it now, fagboy?

.

[CuteOldGuy]

Originally Posted by CuteOldGuy

Do any of the graphs and/or statistics indicate that the National Debt is NOT $18 trillion? Spin it all you want, blame whoever you want, but $18 trillion in debt portends disaster on a biblical scale! It would take every man, woman and child working at the median wage, giving all their money to the government just to pay down the debt we have now over 400 years to pay this thing off. 400+ YEARS!!!

The time for blame is over. Let's solve it, then argue about who's fault it was.

This is a problem. Spin won't fix it. Blame won't fix it. Taxes won't fix it. Even balancing the budget won't fix it. We have to start running trillion dollar surpluses for at least two decades. This is FUBAR!

[lustylad]

Originally Posted by CuteOldGuy

This is a problem. Spin won't fix it. Blame won't fix it. Taxes won't fix it. Even balancing the budget won't fix it. We have to start running trillion dollar surpluses for at least two decades. This is FUBAR!

Get real, COG. It ain't gonna happen. Given the demands on the fisc, we are unlikely to get back even to balancing the budget. A surplus for two decades? Hahaha, that's a good one! Anytime the economy slips into recession, the deficit automatically explodes. The business cycle is still alive and kicking, so we can probably expect a recession every 7-8 years or so. In between, I just hope we can grow the economy faster than the debt goes up, as we seem to be doing at the moment.