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dkf

(37,305 posts)

36. Oh you mean the what...$16 trillion in debt we currently have?

Tue Jan 8, 2013, 05:07 PM

Jan 2013

Yes it doesn't but we stop digging the hole somewhat. We can't even balance the damned budget and we refuse to pay more taxes.

This country is crazy and ridiculously irresponsible.

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CHART: How The Clinton Surplus Turned Into A $6 Trillion Deficit [View all] FarCenter Jan 2013 OP

I hate to see what that chart looks like 5 years from now based on the 2009 policies on. dkf Jan 2013 #1

Really? When did GOP congress allow Bush's tax and economic policies to be replaced by Obama's? blm Jan 2013 #2

Extending the Bush tax cuts. That's all I need to say. dkf Jan 2013 #3

Because unemployment checks for millions of outofwork citizens were held hostage. blm Jan 2013 #6

You must have missed the campaign if you think that's Republican policy. dkf Jan 2013 #30

You must have missed the FACT that GOP was protecting ALL the Bush tax cuts since 2009. blm Jan 2013 #39

Okay so other than taxing at $250,000 vs $450,000 what is Obama's tax policy? dkf Jan 2013 #41

Waiting for answer....WHEN did Obama's tax and economic policies REPLACE Bush's blm Jan 2013 #48

What are you talking about? Well 2011 then. dkf Jan 2013 #52

So you'll backtrack your claim? For the economy to BE Obama's it would have had to pass at least blm Jan 2013 #57

That was the Republican Congress's, not Obama's idea. JDPriestly Jan 2013 #29

Goodness so that was a Republican win? dkf Jan 2013 #31

I do not consider the extension of the Bush tax cuts or the continuation of the war or JDPriestly Jan 2013 #73

Yeah I am actually with you there. dkf Jan 2013 #74

You would have preferred a double dip recession. Cary Jan 2013 #51

If it was a double dip recession with a positive future vs extending all the bush cuts then yes. dkf Jan 2013 #54

I am even more convinced that you don't understand. n/t Cary Jan 2013 #58

That is the CBOs projection. Are you saying they don't know what they are doing? dkf Jan 2013 #61

What "is the CBOs projection?" Cary Jan 2013 #62

CBO projected 2 quarters of negative growth. dkf Jan 2013 #63

How about the problems of the actual people who end up paying that price? Cary Jan 2013 #68

It's coming sooner or later. dkf Jan 2013 #69

Wrong Cary Jan 2013 #70

What scares me more are failed treasury auctions. dkf Jan 2013 #71

We have never had a failed treasury auction. Cary Jan 2013 #72

I asked a question in another thread about congressional make-up vis-a-vis deficits OnlinePoker Jan 2013 #50

Except Obama didn't blow a surplus, he inherited a disaster. JaneyVee Jan 2013 #4

And he permanently extended a disaster instead of planning to phase it out. dkf Jan 2013 #5

That's only what people who don't know how Govt works will believe. JaneyVee Jan 2013 #7

Because congress has the guts to raise taxes? Too funny. dkf Jan 2013 #10

Because the enemy of the people control the House of Representatives. JaneyVee Jan 2013 #12

But it's the Democrats who are now against raising taxes on anyone who isn't mega wealthy. dkf Jan 2013 #15

Which is why he should have let the Bush tax cuts expire and sequestration take hold FarCenter Jan 2013 #17

Seriously right? dkf Jan 2013 #23

Higher tax rates should start at $150,000. JaneyVee Jan 2013 #20

Still not enough. dkf Jan 2013 #24

Oh I'm not talking about the Clinton rates, I'm thinking more Reagan rates, 50%. JaneyVee Jan 2013 #27

This is nonsense. ProSense Jan 2013 #37

No, but it is the 20% RC Jan 2013 #47

Nonsense. ProSense Jan 2013 #8

You know I didn't realize he meant that permanently. dkf Jan 2013 #11

The problem with "stimulus" is that most does nothing for long-term economic health FarCenter Jan 2013 #16

"The problem with 'stimulus'" ProSense Jan 2013 #18

Spending on stimulating consumption just increases the long-term debt FarCenter Jan 2013 #34

Here's ProSense Jan 2013 #35

Nice graph - it shows that making the Bush tax cuts permanent was the fourth worst policy FarCenter Jan 2013 #40

The tax cuts for the rich. n/t ProSense Jan 2013 #42

No, that graph is showing the effect of the across the board Bush tax cuts. FarCenter Jan 2013 #43

The tax cuts for low- and middle-income families ProSense Jan 2013 #45

I'm confused, where does the graph show the positive stimulus of the Bush tax cuts. Ganja Ninja Jan 2013 #64

So, you would have rather Obama came into office and just cut, cut, cut? Drunken Irishman Jan 2013 #13

No I prefer he plan a phase in back to Clinton tax rates. dkf Jan 2013 #21

Oh boy. Chained CPI. That'll go over well... Drunken Irishman Jan 2013 #25

Doing away with the Bush tax cuts raises $4 trillion. dkf Jan 2013 #26

That does nothing for our current deficit... Drunken Irishman Jan 2013 #32

Oh you mean the what...$16 trillion in debt we currently have? dkf Jan 2013 #36

To be fair, we've only balanced our budget a handful of times... Drunken Irishman Jan 2013 #38

The Bush tax cuts are about $690 billion per year FarCenter Jan 2013 #28

And had Obama let the tax cuts all expire in 2010, today's deficit still would be massive. Drunken Irishman Jan 2013 #33

It would be less massive than it is; We're spending $350 billion / year in interest on the debt FarCenter Jan 2013 #44

Why we should always refer to the 'Republican Federal Debt". sinkingfeeling Jan 2013 #9

Wait, what? LondonReign2 Jan 2013 #14

Yes, not sure what that line is about. Seems wrong to me too. /nt BlueCheese Jan 2013 #65

In one word: BUSH! Coyotl Jan 2013 #19

Don't understand the 6.0 trillion figure at the end michigandem58 Jan 2013 #22

The text is written confusingly. BlueCheese Jan 2013 #66

Just curious, I see 1.4 Trillion for operations in Iraq and Afghanistan during the * years. hughee99 Jan 2013 #46

Those bastards started stealing the minute after... santamargarita Jan 2013 #49

I remember that too. 2naSalit Jan 2013 #53

That's because it was based on a projection Indydem Jan 2013 #55

Post removed Post removed Jan 2013 #56

How GEORGE BUSH Turned The Clinton Surplus Into A $6 Trillion Deficit ProfessionalLeftist Jan 2013 #59

Who cares about the debt? OccupyManny Jan 2013 #60

CHART grahamhgreen Jan 2013 #67