How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing ...
How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing how fast different administrations have been traveling.
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ya but reagan created 20 million jobs over 8 years. obama will never come close to that. reagen gave the money to small business owners to create jobs. Obama gave the money to the Dems in the Congress to waste
Great depression, debt "speed" increases 800%. Current economic climate, debt "speed" only increases 270%. For the huge kerfunkle Bush got us into with his economic policies, thats not too bad. Regan was a 1600% increase, just for the record.
Of course obama's government spends money, theres an economic crisis. If we are in recession right now and not in a depression it's exactly because of this money that was injected in the economy. Why would Bush spend money when the economy is good. This policy seems to have work on the short term we'll see what happens on the long term.
The author is a dumb fuck - his model doesn't and can't compare apples to apples. Just another paranoid screwball with a calculator. Spending isn't as much a problem as who we are indebted to - can you say China? Also, the bill for the Iraq War (trillions and trillions) hasn't even begun to be paid yet but neither of those factors will show up under Dubya's journey. Blame it all on Obama - why not!
Actually, the price tag for the Iraq War has been less than $800 billion... not that we should let those little things called "facts" put a damper on our rhetoric. I mean, I'm not defending the war or either president's spending sprees. You may think he's a screwball, but at least he's actually using that calculator.
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I still believe him thank you.