National Debt Exploding under Bush (pushing $10 TRILLION!)

The Republican addiction to tax cuts is going to mortgage this country into bankruptcy.

Less than zero just six years ago, President Bush and the Republicans' policies have pushed the exploding deficit into overdrive, threatening the very future of our nation.

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Category:

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• money
• economy
• taxes
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• Dubya
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[BI30]

If Obama handed out "Stimulus checks" like Bush did, I'd be furious. Spending money to create jobs is brother #2. Handing out "stimulus checks" is Brother #1.

When unemployment topped 10% ten months into Reagan's presidency, it was "Carter's fault". When unemployment topped 10% ten months into Obama's presidency, it's "Obama's fault"? Reagan's solution? Massive deficit spending.

[Unclesamslair]

notice how back in 2006 the tea partiers were just fine with bush's debt. fox news didn't even bat an eyelash

[fuzzywzhe]

@BI30

> If Obama handed out "Stimulus checks" like Bush did, I'd be furious.\

Only financial criminals get them.

> When unemployment topped 10% ten months into Reagan's

> presidency, it was "Carter's fault". When unemployment topped

> 10% ten months into Obama's presidency, it's "Obama's fault"?

> Reagan's solution? Massive deficit spending.

Obama's response is massive deficit spending too.

Obama is the fucking Uncle Tom of Bush you morons. He's no different.

[FreedomInAmerica]

@BI30

.

Hillary claims it was $5.6 Trillion. watch?v=ohNQNtSme_k Her husband was the one who doctored the books making it seem like a surplus when they borrowed from social security.

[BI30]

@FreedomInAmerica You've only rephrased what I already said about what a "deficit/surplus" means: It's the difference between the cost of that years Budget and that years revenue. But when you start talking about "$5.6 (trillion?) alleged surplus", you're off in Lala land. $5.6 Trillion (actually $5.2T) was the TOTAL *DEBT* when Clinton left, NOT "alleged surplus".

[FreedomInAmerica]

@BI30

.

Deficit is defined as how much you owe in a given year. Debt is the total amount due. Clinton contributed $1.4 Trillion to our total debt. Our debt clock {usdebtclock org} should be revised to $21 Trillion ($5.6 alleged surplus + 1.4 Trillion Debt + $14 Trillion debt) reducing our $115 unfunded liabilities by $7 Trillion to reflect truth about Clinton.

[BI30]

@Nerocification So you're NOT claiming the Republican Congress "balanced the budget" by borrowing from Social Security? You're instead going to continue to insist that Clinton never actually passed a balanced budget because he "added $1.4T to the National *Debt*"?

[Nerocification]

@BI30

.

No, I'm just telling you what Clinton did.

[BI30]

@Nerocification That's a different argument. Claiming he didn't run a budget surplus "because he ran up $1.4T in Debt" makes no sense. But if you are arguing the only way the Republican-led Congress "balanced" the budget was to borrow from Social Security, then say that. That's a different debate.