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  • barry_h18 barry_h18 Jan 24, 2014 4:07 PM Flag

    17 TRILLION DEBT caused by OBAMA and DEMS

    Look what the DEMs did to DETROIT. Next up, the USA

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    • yep, pathetic............Obama increased national debt by $6.4 Trillion in just 5 years and is projected to be $20 Trillion by the end of his term.............an increase of almost $10 Trillion (almost 100% increase)......

      • 1 Reply to limitspecs39
      • C'mon! Get with the program! Read your memos from Krackpots R Us! It goes like this:

        17 TRILLION DEBT caused by OBAMA and DEMS

        Expand it to 20? You betcha. But make it clear that debt was ZERO the day Obama took office, that none of the increase since that day has anything to do with paying Dubyuh's bills or repairing the damage caused by Dubyuh's second worst worst depression in the entire history of the United States.

    • When Bush first came into office, the national debt was $5.73 trillion, and by the end of his eight years, it grew to $10.63 trillion -- an increase of exactly $4.9 trillion.

      Just like utility and credit card bills, there's a lag in the system. As Obama took office the debt continued to rise, to well over $11 trillion before he did anything.

    • Doofus Dubyuh's $11 trillion is somehow magically not part of that, nor must it be mentioned that trillions more were spent paying his bills and repairing his destruction.

    • sdmiller4747@sbcglobal.net sdmiller4747 Jan 24, 2014 4:56 PM Flag

      Democrats are trying to break the bank of China with all of Obama's new government spending programs. Dems new campaign logo: "We'll Make The Lazy Even Lazier" or "Stick With Us Because We Invest In Flypaper"

      • 1 Reply to sdmiller4747
      • What "new" spending programs?

        Spending growth under US Presidents starting with Reagan:
        Reagan.........1982-1985............................................ 8.7 %
        Reagan.........1986-1989............................................ 4.9
        Bush I...........1990-1993............................................ 5.4
        Clinton..........1994-1997............................................ 3.2
        Clinton..........1998-2001............................................ 3.9
        Bush II..........2002-2005............................................ 7.3
        Bush II..........2006-2009............................................ 8.1
        Obama..........2010-2013............................................ 1.4

        That's with the 2009 stimulus assigned to Obama. Also recall the tax cut in 2001 before the spending blowout which exploded the deficit and was intended to. The table comes from "Obama spending binge never happened" on Marketwatch, citing CBO and OMB numbers. Discussing the amounts in absolute dollars would require adjusting them for inflation which has been drastic since 1982.

        It's a sign of how distorted our politics have become that the Republicans more than anyone apparently have to learn that there is no free lunch and that real capitalism-markets are how a state of the art economy works in 2014. Republican ideals of crony capitalism and plutocracy don't work. 1865 is long gone and their scheme didn't work then.

    • Sorry managements and the delusion of "free Trade" is what did in Detroit. Unionised auto makers in Germany are kicking #$%$.

 
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