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Old 01-29-2010, 05:57 PM   Topic Starter
BigRedChief BigRedChief is offline
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Obama increased the debt more than Reagan and George W.....Myth and BS

The biggest contributors to the total federal debt, by far, are Republicans, starting with President Ronald Reagan, who doubled the debt during his eight years, from about $1.6 trillion to over $3.0 trillion, and George H.W. Bush, who added another $1.5 trillion in just four years, before George W. added nearly $5 trillion.

In fact, over his eight-year reign, George W. watched the total deficit go from about $5.7 trillion to $10.625 trillion, an increase of almost $5 trillion! And, in his last full fiscal year (2007/2008), which ended September 30, 2008, there was an increase of almost $1 trillion ($0.962 trillion) for just one year!

When President Obama took office on January 20, 2009, the federal debt stood at $10.626 trillion. As of the end of September, which is the end of a 2008/2009 federal fiscal year, the debt was $11.776 trillion, or an increase of about $1.15 trillion. Before President Obama took office, about $500 billion already had been spent in the 2008/2009 federal fiscal year…by the no-contest winner of the federal-deficit Presidents: George W. Bush.
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Old 01-29-2010, 05:59 PM   #2
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Why should we take this seriously when the post seems to use "debt" and "deficit" interchangeably?
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Old 01-29-2010, 06:28 PM   #3
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Do you know how ridiculous you sound defending Obama on runaway spending, BRC? Do you really believe that Obama will make it through his term without eclipsing the debt racked up by either Reagan or Bush by huge margins?

If you feel strongly about admitting open gays into the military or about special benefits for unions or about expanded government control over banks and auto companies, then by all means pimp your guy, but don't make a fool of yourself by trying to defend Obama's spending record.
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Old 01-29-2010, 06:40 PM   #4
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Originally Posted by patteeu View Post
Do you know how ridiculous you sound defending Obama on runaway spending, BRC? Do you really believe that Obama will make it through his term without eclipsing the debt racked up by either Reagan or Bush by huge margins?

If you feel strongly about admitting open gays into the military or about special benefits for unions or about expanded government control over banks and auto companies, then by all means pimp your guy, but don't make a fool of yourself by trying to defend Obama's spending record.
I'm not defending his spending. I'm providing context. Reagan raised taxes, Reagan doubled the debt. Reagan increased the deficit. Where were Reagan's poll #'s after one year in office?

My point is historical context is needed by some here.

And FTR, I think we should balance the budget and not spend one dime more than we take in. And that the budget should be balanced by taking on entitlements.
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Old 01-29-2010, 06:49 PM   #5
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Originally Posted by BigRedChief View Post
I'm not defending his spending. I'm providing context. Reagan raised taxes, Reagan doubled the debt. Reagan increased the deficit. Where were Reagan's poll #'s after one year in office?

My point is historical context is needed by some here.

And FTR, I think we should balance the budget and not spend one dime more than we take in. And that the budget should be balanced by taking on entitlements.
Obama is no Reagan.
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Old 01-29-2010, 06:51 PM   #6
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Obama is no Reagan.
Thats right. He's spending less, he's not raising taxes like Reagan and his top tax rate he wants to have is 34%. Reagans was what 70%? Again, context.
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Old 01-29-2010, 06:35 PM   #7
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Without doing any checking of my own (i.e. using your numbers), here are the average annual deficits for Reagan, Bush, and Obama:

Reagan - $175 billion/yr
Bush - $616 billion/yr
Obama - $1.15 trillion/yr

Even if we give Obama every benefit of the doubt and assign that $500 billion you were talking about to Bush, the numbers are

Reagan - $175 billion/yr
Bush - $654 billion/yr
Obama - $929 billion/yr

In other words, under both scenarios, Obama is worse than Reagan and Bush COMBINED.

And he's not going to have anyone else to blame for any part of year 2 so it's going to get worse for Obama, not better.
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Old 01-29-2010, 06:39 PM   #8
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Originally Posted by patteeu View Post
Without doing any checking of my own (i.e. using your numbers), here are the average annual deficits for Reagan, Bush, and Obama:

Reagan - $175 billion/yr
Bush - $616 billion/yr
Obama - $1.15 trillion/yr

Even if we give Obama every benefit of the doubt and assign that $500 billion you were talking about to Bush, the numbers are

Reagan - $175 billion/yr
Bush - $654 billion/yr
Obama - $929 billion/yr

In other words, under both scenarios, Obama is worse than Reagan and Bush COMBINED.

And he's not going to have anyone else to blame for any part of year 2 so it's going to get worse for Obama, not better.
How much of Bush's was interest from the debt in 2000?
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Old 01-29-2010, 06:38 PM   #9
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This also only addresses money spent, not obligations. You can't just compare where the numbers were when one president took office versus when another left office versus the numbers right this minute.

If my wife is in charge of our family's finances until the end of January, she could charge up $10,000 on the credit card this weekend. Then, when we get the bill in February, she could point to the bill when she was in charge versus the bill when I was in charge to make it seem like I was the one who couldn't manage a budget. It would be about as honest as these numbers.
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Old 01-29-2010, 06:38 PM   #10
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The biggest contributors to the total federal debt, by far, are Republicans, starting with President Ronald Reagan, who doubled the debt during his eight years, from about $1.6 trillion to over $3.0 trillion, and George H.W. Bush, who added another $1.5 trillion in just four years, before George W. added nearly $5 trillion.

In fact, over his eight-year reign, George W. watched the total deficit go from about $5.7 trillion to $10.625 trillion, an increase of almost $5 trillion! And, in his last full fiscal year (2007/2008), which ended September 30, 2008, there was an increase of almost $1 trillion ($0.962 trillion) for just one year!

When President Obama took office on January 20, 2009, the federal debt stood at $10.626 trillion. As of the end of September, which is the end of a 2008/2009 federal fiscal year, the debt was $11.776 trillion, or an increase of about $1.15 trillion. Before President Obama took office, about $500 billion already had been spent in the 2008/2009 federal fiscal year…by the no-contest winner of the federal-deficit Presidents: George W. Bush.
Just wondering there BRC, where did you cut and past this one from? Not showing the references on purpose? Stealing content? Wanting others to think you wrote this yourself?
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Old 01-29-2010, 07:34 PM   #11
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Ronald Reagan and GWB both had years where Dems controlled House, Senate, or Both.

Why do people continue to ascribe debt created to solely the party in the WH? Blame the party that created the plan as well. Be honest
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Old 01-29-2010, 07:42 PM   #12
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So in 8 years Bush spent 5 trillion over what was taken in...In 1 year Obama over spent by 1 trillion. SO if my math is correct in 7 more years ObaMA will be 8 Trillion over..OK thanks for playing..
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Old 03-08-2013, 05:52 AM   #13
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Barack Obama attended high school (or was it school, high? Nah, go with the first one) at the prestigious George Orwell Academy for the Political Performing Arts on the West Side of Chicago. There, he met his best friends for the next few years, Fat Albert and Rerun.

Fat Albert was likable and very outgoing, but he could be rather shallow; you could almost think of him as two-dimensional. Rerun was a rotund fellow who loved revolutionary dance, although the spinning around made him dizzy. Rerun's most notable affect on the young Obama's life was to introduce Barack to his sister, Dee, who would later become Mrs. Obama. They immediately shared much in common, such as a love of Marxist Comedy and a propensity for name changes.

The Orwell School was very high on sloganeering; in fact, the walls of the building were loaded with them. Phrases like "Freedom is Slavery" and "War is Peace" and "Buy Band Candy or Die!" importuned the eye wherever one looked, imprinting their kindly Stalinist messages into the mush of young brains. Obama was impressed with the messages, especially the band candy one.



The strategy of sloganeering seemed an ideal one for building revolutionary fervor in the hearts and minds of the oppressed masses. As a political weapon, it is a masterstroke; a minimal amount of data for low-information proletariat types to remember, yet an almost hypnotic effect from the repetition of the message. Obama was excited at his discovery! He wanted to rush home and tell mom the news, but first he had to go and buy some band candy or the telescreen would report him.

Obama's favorite subject in high school was Parliamentary Melodrama, taught by Mr. Trotsky. Despite Barack's love of the subject, his class participation was minimal and his report cards show him merely as "present" for these sessions on most days. Even worse, Barack persistently fell behind in Chemistry where his project to develop a Revolution-Promoting Extremely-Rapid Oxidation Device was, to coin a phrase, a dud. Luckily his lab partner little Billy Ayers was an expert in such matters, having blown up many tools of the oppressors in his mansion as a child. Billy was happy to help Barack out; in fact, he was always wishing he could do more, at least when it came to explosions.

In contrast, girlfriend Dee (whose name was now Aretha) was doing excellently in school. Her best subject was Anti-Imperialist English where she won a Double Plus Very Good Award for her essay, "If You Don't Give Me A Good Mark for This, You're A Racist!"

It wasn't that Barack was not bright, for as we all now know he is the brightest person there ever was or ever will be on this planet and probably lots of other planets we don't know about yet. No, the problem was that his great mind was on other things, bigger gooder things like bringing Hope and Change to the World and probably lots of other worlds we don't know about yet. But it might be hard because most people are too stupid to recognize brilliance when they see it; brilliance can only be recognized by the brilliant but they can only recognize some of the brilliance because you cannot recognize all the brilliance of someone more brilliant than you. That idea likely came from one of Chairman Mao's little Red Books that all the brilliant people were reading at the time.

Chairman Mao's other brilliant idea was to eradicate all the dummies who were not brilliant enough to recognize the brilliance in Chairman Mao. Would that work in the United States? Probably not, because the media was not in the control of Party functionaries as they were in progressive societies (Ed. note: It's true! They really WEREN'T back then! Hard to believe, isn't it?).

Media organs that reported news instead of performing their primary function of promoting progressive political agendas could foment counter-revolutionary movements among the unwashed. The downtrodden would lose sight of the current truth and start believing the newspapers because they contained comics and money-off coupons on toilet paper. No, unfortunately, the American downtrodden had to be CONVINCED of the superior person's correctness; they couldn't simply be told what to do, which is how it usually happens in more enlightened and progressive societies.

But how?

The answer came as Barack munched on some band candy: the slogan! Why had the capitalist oppressors succeeded in foisting the reactionary pig Richard Nixon on the American workers in 1972 instead of the enlightened President McGovern? It was so simple, it was brilliant - Nixon had a much better slogan than McGovern!

Nixon's slogan in 1972 was "Four More Years". It was clear, direct and left the huddled voter with plain instructions: "Give me four more years of power and then go on with your worthless little lives." There also was a touch of unspoken threat to it, a tacit demand that helped focus the simple minds of the simple-minded.

In contrast, President McGovern's slogan was "Come home, America!" What the hell was that? It sounded as if he was calling his dog! The easily-duped voter would be sitting in his living room and say to himself, "What's he talking about? I already AM home!"

This was a key insight from the brilliant mind of Obama. The average person retains no more than a few tidbits of information. Everyone remembers the words to the Winston Cigarette jingle ("Winston tastes good like a cigarette should!") but nobody remembers the Preamble to the Constitution ("Four score and seven years ago, our forefathers brought forth a new nation...") Why? Unlike the preamble, the jingle has the virtues of being short and easy to remember and contains no complex ideas.

Political campaigns back then were full of junk like platforms and philosophies and positions; there were just too many "P's" for the average downtrodden to be able to sort through and come up with the correct vote! Why confuse the unwashed with facts and figures that they are ill-equipped to deal with, and risk their wrong decision? Ideas were useless baggage in a Presidential campaign, pearls before the swine American voter. A slogan is all he would need; tell the voter what to do, instead of hoping he would come up with the right answer.

Barack set to work on developing his slogan, one that would mesmerize, control, and instruct the average downtrodden in a few key words. Below are some of his early attempts:

"Trust me, I know what I'm doing!"
"Obama does good like a President should!"
"Buy band candy or die!"
"You're hopeless but you can change if you have to, you guess."
"Believe that we can hope to change!"

http://www.chiefsplanet.com/BB/newre...te=1&p=6490668
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Old 01-30-2010, 06:03 AM   #14
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This may help if you want to understand more about debt and deficit:

http://www.heritage.org/Research/Budget/bg2178.cfm
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Old 01-30-2010, 07:48 AM   #15
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This may help if you want to understand more about debt and deficit:

http://www.heritage.org/Research/Budget/bg2178.cfm
HCF, he doesn't want to understand, he just wants to scream about the situation as he understands it.
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