Republican Presidents: Spending and Debt

http://www.youtube.com/watch?v=P1bZ-TiX8rA
What They Won't Tell You about the National Debt * HD

deficit spending under Ronald Reagan broke many records

Category:

News & Politics

Tags:

• national
• debt
• deficit
• spending
• Ronald
• Reagan
• paul ryan
• road
• map
• ron
• rand
• paul
• SOTU
• obama
• ceiling
• medicare
• medicaid
• grover norquist
• Osawatomie
• speech
• taxes

[JMF2479]

Where is Obama on this chart?????? looks bias because obama has spent more than bush did within 2 year. when I say spent more I mean money that we don't have. obama's deficit is 3x bush's

[wsoxman]

@AtibbsSPARTAN Yes, I agree, Bush Administration over his 2nd term was very bad. Then again he had an out of control spending of a Democrat lead Congress.

Leave room in history for the 1 term Obama years where spending only leads to buying votes and talking about cutting, is just lies.

[BlowtheBridge]

At the present rate we are scheduled to dip into unrecoverable debt in 2015 ( then total economic collapse ) if nothing is done to correct the debt ceilings.

Ron Paul 2012 will kill 1,000,000,000,000 per year for 4 years

[ParrhesiaJoe]

The only thing that matters is spending.

The House proposes spending bills and the budget. Look at who controlled Congress in these years... that would be a better indicator.

[Ralphdraw3]

@tturcato Deleted for Paul bot spam. Ron Paul 4th Place 2012!!

[RedxRel]

notice obamas not there and he jumped the debt from 9trillion to 15 trillion nice job with the bias

[DrunkenGodMode]

@Ralphdraw3 all this is really saying is republicans cause a deficit because they lowered taxes. That's why you don't have obama up there because hes keeping bushes cuts plus hes adding more programs in. national debt has plenty to do with this because the deficit deals with budget minus revenues. Cut taxes equal negative revenue which equals higher deficit. Look at the % of gdp it mirrors this. more money for market spending more economic growth. Simple econ.

[Ralphdraw3]

@DrunkenGodMode This video is not on the national debt or public debt but on the annual deficit each year for the 5 presidents. Even including various surpluses in government trust funds (Social Security, FAA, Highway etc..) , since Reagan, the annual deficits have been rising - except under Clinton where they fell. Of course Bush43 came into office with a surplus and projected budget surpluses, he promptly began deficit spending.

[DrunkenGodMode]

@Ralphdraw3 now are we paying attention to national debt because national dept went over 5trillion mark under his administration. public debt did go down intergovernmental holdings sky rocketed up. National dept is based of public Debt + inter holdings. So on the surface yea they balanced the budget and had a 263.2 billion surplus but in actuality the national dept was still going through the roof.

[waynerd23]

@Ralphdraw3 Ok, but we have to both agree that both parties handed out bailouts putting the debt and risk of bankrupt companies upon the taxpayers. I'm going to look into this debt deeper just for an even greater understanding but from what I do know this graph doesn't portray the whole story. For example, if the eco. is good I might buy $20,000 worth of gov. bonds, they are now in debt to me $20,000+interest. So this graph can be misleading in more ways than one.

[almostcapecod]

I have a chart in front of me,it show the debt from 2001-2019 at 2011tax cuts for the rich a Bush debt is equal to both the both wars & Tarp.Obama's bailout measures is 1/5th those & the tax cuts,wars & Tarp are more than half of the total dept.Of the total debt Obama owns about a 10th the rest is accumulated under his watch but was started by Bush between 2001 and 2008.Stop the tax cuts for the rich,stop the wars and no more bail outs problem solved.Google"Projected debt under current policies"