EmeraldCityGrl
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Tue Sep-23-08 01:09 PM
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Analysis of the Presidents who are responsible for the debt |
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Could some of the more brilliant economic minds at DU confirm the accuracy of this chart? Note the comments on how the Bush admin. has minipulated the data http://www.cedarcomm.com/~stevelm1/usdebt.htm
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phantom power
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Tue Sep-23-08 01:12 PM
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1. Well, it agrees with other charts of the same kind I've seen before. |
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The vast majority of United States debt was accumulated under Reagan and Bush-II.
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phantom power
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Tue Sep-23-08 01:18 PM
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2. I'll tell you another chart I'd love to see... |
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Which is a plot of debt over time, overlaid with which party controlled Congress. Better yet, a scatterplot of (Rep-members)-(Dem-members) versus (increase in deficit for that Congressional Term).
I bet the correlation between those two numbers is high, and statistically very sound.
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Fresh_Start
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Tue Sep-23-08 01:21 PM
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3. I think this one gets the point across |
sinkingfeeling
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Tue Sep-23-08 01:22 PM
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4. Here's another that sums it all up very well. |
Greyskye
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Tue Sep-23-08 01:28 PM
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5. Here is one that people might find easier to understand: |
TexasObserver
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Tue Sep-23-08 01:29 PM
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6. I can vouch for it. That is correct. |
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The big spenders are
George W. Bush Ronald Reagan George H.W. Bush
They averaged a deficit of $375 Billion per year for the 20 years of their budgets.
Clinton and Carter averaged about $123 Billion per year deficit for their 12 combined years.
This is the reality: Fiscal Conservatives are not fiscally conservative at all. It's a huge LIE. They ARE the reason the federal debt exists.
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EmeraldCityGrl
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Tue Sep-23-08 01:45 PM
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7. Thank you...numbers don't lie, just republicans.n/t |
TexasObserver
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Tue Sep-23-08 04:15 PM
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8. True! And the economy is stronger for Democratic presidents. |
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People forget that Carter had one bad year, and it was the last one. And the bottom was hit under Reagan, not Carter.
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Fri Apr 19th 2024, 05:58 PM
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