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Wow: The One Chart That Should Accompany All Debt Ceiling Discussions

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Playinghardball Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:19 AM
Original message
Wow: The One Chart That Should Accompany All Debt Ceiling Discussions
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Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:20 AM
Response to Original message
1. Absolutely!!!!! This chart should accompany every discussion right now nt
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:23 AM
Response to Original message
2. 5.07 trillion under bu$h and only 1.44 trillion under Obama
Yet the rhetoric says that Obama has spent more than any President.


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hootinholler Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 02:51 PM
Response to Reply #2
6. And half of Obama's is trying to prime the pump of the economy that Bush pumped dry. n/t
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Bok_Tukalo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:23 AM
Response to Original message
3. After December 31st 2010 they were no longer the Bush Tax Cuts
They are the Obama Tax Cuts now.
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JackRiddler Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:26 AM
Response to Reply #3
4. Good point.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 03:03 PM
Response to Reply #3
7. Ssh. People here won't accept the logic of what you're saying.
I mean, wait at least until he's got his second term before you expect him to change direction away from Bush Tax Cuts.

it's only a few trillion dollars, anyway. And it is going to the "job providers!"
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badtoworse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:00 PM
Response to Reply #3
10. It's also fair to point out that Obama has spent a pile of money in Iraq and Afghanistan.
Places he said we would exit if he were elected. Not only are we still there, but now we're involved in Libya too.
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democrat_patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:39 AM
Response to Original message
5. OMG - "Obama's spending orgy" is a false statement?
I've been hearing it for so long it was starting to sink in.

Has Hannity seen this?

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A Simple Game Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 09:42 PM
Response to Original message
8. I thought that the medicare drug thing ended up being over $400 billion? n/t
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badtoworse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 09:56 PM
Response to Original message
9. When Obama took office, the national debt was about $10.6 Trillion
It's now about $14.2 Trillion, meaning that we have borrowed $3.6 Trillion during the time that Obama has been president. Assuming we borrowed the $1.44 Trillion to fund Obama's new programs, why did we need an additional $2.15 Trillion and where did it go?
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:13 PM
Response to Reply #9
12. Bush was responsible for the 2009 budget as it was written
the year before, therefore the debt during Bush's tenure went from $5.4 trillion to $11.9 Trillion.
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senseandsensibility Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 10:03 PM
Response to Original message
11. Ed just showed this on his show I think.
K and R.
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