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Old 01-29-2010, 05:57 PM  
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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 01-30-2010, 01:23 PM   #31
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BRC is like the 3 monkeys on this one, hear no evil, see no evil and speak no evil on dear leader Obot, the spending machine.

BRC, How much was that in a 10 year period he proposed ?
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Old 03-08-2013, 05:52 AM   #32
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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!"

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Old 03-08-2013, 07:38 AM   #33
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Congress spends the money. Not the President.
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Old 03-08-2013, 07:41 AM   #34
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It takes two to tango...both congress and president are responsible for the ongoing debt problems.
Yup! Plus all revenue bills originate in the House. Except for the Fiscal Cliff bill and Obamacare.

See what's happening, that bodes even worse nowadays?
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Old 03-08-2013, 01:29 PM   #35
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The standard democrat argument: "The republicans did it too."

Well, here's a newsflash. Both parties suck. That doesn't mean what either have done or are doing is right.

I don't like either party, but at least some republicans seem to be realizing that they can't continue to spend way more than they take in.
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Old 03-08-2013, 01:49 PM   #36
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The standard democrat argument: "The republicans did it too."

Well, here's a newsflash. Both parties suck. That doesn't mean what either have done or are doing is right.

I don't like either party, but at least some republicans seem to be realizing that they can't continue to spend way more than they take in.
Yes. But Rs only act like Rs when the opposition has the WH. Give them a war, military intervention or invasion and they'll all be willing to vote spending for that.
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Old 03-08-2013, 02:36 PM   #37
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Yes. But Rs only act like Rs when the opposition has the WH. Give them a war, military intervention or invasion and they'll all be willing to vote spending for that.
Which is why I don't like either party. The repubs give lip service to fiscal responsibility but don't actually ever do anything constructive about it. The dems give lip service to helping the poor but don't actually ever do anything constructive about it.
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Old 03-08-2013, 03:00 PM   #38
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Reagan's addition to the debt may be justifiable if that had anything to do with accelerating the end of the Cold War and the advent of Free Trade that Clinton undertook.

Bush I did his best to deal with the circumstances he faced. He got screwed by Reagan because Reagan's policies increased the debt, Bush I followed similar policy as Reagan, and then Perot builds a campaign based on nothing but reducing the debt, and Clinton gets the job.

Clinton did an outstanding job regards debt because he raised taxes early at political risk, he was fortunate to benefit from economic growth from Free Trade, when we had comparative advantage and tech growth.

B*sh inherited a great situation, but gave that up simply for ideological and theoretical reasons without concern for the consequences. Cut taxes. Then 9/11 and response slowed the economy and made unforeseen budget demands. However, Iraq War was incredibly expensive and unnecessary. Clinton had gone along with deregulation and B*sh regulators perfected the art of sleeping on the job. So then B*sh turns over an economy in awful condition.

Of course, Obama is going to have to spend money to try to limit the downturn and effect a recovery. The Stimulus was not perfect, but any President would have spent a lot of money to stimulate the economy under the circumstances.

Chris Getz might have batting average of .800 in a league where everybody else is 11-12 years old. But he is not going to bat .800 in the majors this year.

A good analysis takes into account the circumstances faced by that President.

Grades Regarding debt.

Reagan: B: mad spender, but seems to have had good results and debt effects exaggerrated.

GHW Bush: Audit: automatically screwed by the circumstances.

Clinton: A: started with an unpopular tax increase, trade, tech, timing, ends with surplus

B*sh: F: tax cut for no reason, war for no reason, lax oversight, financial disaster

Obama: Incomplete: automatically screwed from the beginning, no win situation regards debt
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Old 03-08-2013, 03:33 PM   #39
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Reagan's addition to the debt may be justifiable if that had anything to do with accelerating the end of the Cold War and the advent of Free Trade that Clinton undertook.

Bush I did his best to deal with the circumstances he faced. He got screwed by Reagan because Reagan's policies increased the debt, Bush I followed similar policy as Reagan, and then Perot builds a campaign based on nothing but reducing the debt, and Clinton gets the job.

Clinton did an outstanding job regards debt because he raised taxes early at political risk, he was fortunate to benefit from economic growth from Free Trade, when we had comparative advantage and tech growth.

B*sh inherited a great situation, but gave that up simply for ideological and theoretical reasons without concern for the consequences. Cut taxes. Then 9/11 and response slowed the economy and made unforeseen budget demands. However, Iraq War was incredibly expensive and unnecessary. Clinton had gone along with deregulation and B*sh regulators perfected the art of sleeping on the job. So then B*sh turns over an economy in awful condition.

Of course, Obama is going to have to spend money to try to limit the downturn and effect a recovery. The Stimulus was not perfect, but any President would have spent a lot of money to stimulate the economy under the circumstances.

Chris Getz might have batting average of .800 in a league where everybody else is 11-12 years old. But he is not going to bat .800 in the majors this year.

A good analysis takes into account the circumstances faced by that President.

Grades Regarding debt.

Reagan: B: mad spender, but seems to have had good results and debt effects exaggerrated.

GHW Bush: Audit: automatically screwed by the circumstances.

Clinton: A: started with an unpopular tax increase, trade, tech, timing, ends with surplus

B*sh: F: tax cut for no reason, war for no reason, lax oversight, financial disaster

Obama: Incomplete: automatically screwed from the beginning, no win situation regards debt

Good post, but the Reason Bush supported a Tax Cut is because of the dotcom bust and the tanking of the retail market. People were not spending money.
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Old 03-08-2013, 04:11 PM   #40
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Good post, but the Reason Bush supported a Tax Cut is because of the dotcom bust and the tanking of the retail market. People were not spending money.
I seem to recall the main argument for the tax cut was the expected surplus. That it was better to let the people keep their money instead of trusting the government not to find new ways of spending the excess.

I googled and came up with this article. For some reason the website has a 2009 date, but it seems like it is referring to a weekly radio address early in his first term before the major tax cuts passed.

http://www.cbsnews.com/8301-201_162-274334.html
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Old 03-08-2013, 05:42 PM   #41
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Good post, but the Reason Bush supported a Tax Cut is because of the dotcom bust and the tanking of the retail market. People were not spending money.
BS revisionist history. He justified the tax cut because of the surplus and the booming economy. The bad economy came after the tax cut was in place.
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Old 03-08-2013, 05:54 PM   #42
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BS revisionist history. He justified the tax cut because of the surplus and the booming economy. The bad economy came after the tax cut was in place.
Speaking of revisionist history, the recession of 2001 started in March. The first round of Bush Tax cuts didn't happen until June 2001. The second round didn't happen until 2003.
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Old 03-08-2013, 05:59 PM   #43
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Speaking of revisionist history, the recession of 2001 started in March. The first round of Bush Tax cuts didn't happen until June 2001. The second round didn't happen until 2003.
welll these timelines on when recessions start and finish are BS. Your grasping at straws. Google the time period. It was the government is taking in too much money and the economy is good. Lets have some temp taxbreaks. I remember the era real well.

"Obama's" recession ended in 2009 officially. Anyone believe that? We are just now seeing anything that could even be labeled a "recovery".
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I believe Hitler hated Jews and had a lot of them killed. I dont believe it was anywhere close to 6 million though. I'm not an anti-semite; I just think that number has been severely inflated and there is a lot of evidence that supports this belief.
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Old 03-08-2013, 07:20 PM   #44
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welll these timelines on when recessions start and finish are BS. Your grasping at straws. Google the time period. It was the government is taking in too much money and the economy is good. Lets have some temp taxbreaks. I remember the era real well.

"Obama's" recession ended in 2009 officially. Anyone believe that? We are just now seeing anything that could even be labeled a "recovery".
Wrong. The shitty economy Bush inherited was shitty well before his tax cuts. The shitty economy during the Obama administration has endured through every heroic effort of our dear leader and shows little sign of getting back to GWBush levels, much less the prosperity of the 80s and 90s.
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Old 03-08-2013, 08:46 PM   #45
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Wrong. The shitty economy Bush inherited was shitty well before his tax cuts. The shitty economy during the Obama administration has endured through every heroic effort of our dear leader and shows little sign of getting back to GWBush levels, much less the prosperity of the 80s and 90s.
Obama can't really hold Bush's jock on any issue if you think about it.
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