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Blame the Democrats for the National Debt

jimtimmy
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1/8/2012 9:54:27 PM
Posted: 4 years ago
From 1940 to 2012, the USA's federal debt increased from 44.2% of GDP to 75.1% of GDP. For 36 of those 72 years, the USA had a Republican president. For the other 36 of those 72 years, the USA had a Democratic president.

During the 36 years of Republican presidencies, the federal debt increased a total of 5.8% of GDP. That is .16% of GDP per year during Republican presidencies.

During the 36 years of Democratic presidencies, the federal debt increased a total of 25.1% of GDP. That is .70% of GDP per year during Democratic presidencies.

Democratic presidents have increased the federal debt 4.38 times faster than Republican presidents.

This means that Democratic presidents have overseen 81% of the increase in the federal debt over the past 72 years, while Republican presidents have overseen the other 19% of the increase. This is despite the fact that Democratic presidents have only been president 50% of the time.

The point of all this is that Democrats are, overwhelmingly, responsible for the federal debt. The whole "Republicans are to blame for the federal debt" is a myth, and that is all it is.
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16kadams
Posts: 10,497
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1/8/2012 9:56:12 PM
Posted: 4 years ago
waits for contra.
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
16kadams
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1/8/2012 9:59:45 PM
Posted: 4 years ago
Also you forgot the democrat congress for all of that time. http://upload.wikimedia.org... (good graph on debts)
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
ConservativePolitico
Posts: 8,210
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1/8/2012 10:01:55 PM
Posted: 4 years ago
At 1/8/2012 9:54:27 PM, jimtimmy wrote:
From 1940 to 2012, the USA's federal debt increased from 44.2% of GDP to 75.1% of GDP. For 36 of those 72 years, the USA had a Republican president. For the other 36 of those 72 years, the USA had a Democratic president.

During the 36 years of Republican presidencies, the federal debt increased a total of 5.8% of GDP. That is .16% of GDP per year during Republican presidencies.

During the 36 years of Democratic presidencies, the federal debt increased a total of 25.1% of GDP. That is .70% of GDP per year during Democratic presidencies.

Democratic presidents have increased the federal debt 4.38 times faster than Republican presidents.

This means that Democratic presidents have overseen 81% of the increase in the federal debt over the past 72 years, while Republican presidents have overseen the other 19% of the increase. This is despite the fact that Democratic presidents have only been president 50% of the time.

The point of all this is that Democrats are, overwhelmingly, responsible for the federal debt. The whole "Republicans are to blame for the federal debt" is a myth, and that is all it is.

FDR started all of this bull with his crappy New Deal programs. I don't know why so many Americans worship him (and liberals talk about us and Reagan...) FDR did so many things wrong.
Danielle
Posts: 21,330
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1/8/2012 10:03:32 PM
Posted: 4 years ago
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...
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Lordknukle
Posts: 12,788
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1/8/2012 10:05:31 PM
Posted: 4 years ago
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

You've got to be kidding me. Under Obama, the debt shot up 6 trillion in 3 years.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
16kadams
Posts: 10,497
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1/8/2012 10:07:11 PM
Posted: 4 years ago
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

forgot democrat congress
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
jimtimmy
Posts: 3,953
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1/8/2012 10:08:25 PM
Posted: 4 years ago
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

Numbers are just incorrect here.
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Danielle
Posts: 21,330
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1/8/2012 10:11:19 PM
Posted: 4 years ago
At 1/8/2012 10:05:31 PM, Lordknukle wrote:
You've got to be kidding me. Under Obama, the debt shot up 6 trillion in 3 years.

Maybe I am... source?
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thett3
Posts: 14,378
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1/8/2012 10:14:12 PM
Posted: 4 years ago
I blame the Germans.
DDO Vice President

#StandwithBossy

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"Don't quote me, ever." -Max

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"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
000ike
Posts: 11,196
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1/8/2012 10:14:28 PM
Posted: 4 years ago
Give me a break. Republicans want massive spending on war and so-called "defense" Democrats want massive spending on social programs. The war hawks then take the more humane use of money and incriminate it. Bush added $4 trillion to our national debt. The New Deal in todays dollars cost about $500 billion. Stop peddling garbage JimTimmy.
"A stupid despot may constrain his slaves with iron chains; but a true politician binds them even more strongly with the chain of their own ideas" - Michel Foucault
ConservativePolitico
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1/8/2012 10:14:32 PM
Posted: 4 years ago
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

That is simply false?

At the start of Obama's term the debt was 11.9 trillion. [1]
Now it's 15.2 trillion. [2]

That's a difference of approx. 3 trillion just right there? Check your numbers.

[1] http://www.usgovernmentdebt.us...
[2] http://www.brillig.com...
16kadams
Posts: 10,497
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1/8/2012 10:16:02 PM
Posted: 4 years ago
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

Under obama in 3 years it rose 4 trillion: http://www.cbsnews.com...

and even Clinton had a debt: http://www.craigsteiner.us...

And lyndon B johnson had his fr share too: http://www.nytimes.com...

pwnage
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
ConservativePolitico
Posts: 8,210
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1/8/2012 10:17:13 PM
Posted: 4 years ago
At 1/8/2012 10:16:02 PM, 16kadams wrote:
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

Under obama in 3 years it rose 4 trillion: http://www.cbsnews.com...

and even Clinton had a debt: http://www.craigsteiner.us...

And lyndon B johnson had his fr share too: http://www.nytimes.com...

pwnage

+1
thett3
Posts: 14,378
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1/8/2012 10:18:54 PM
Posted: 4 years ago
At 1/8/2012 10:14:12 PM, thett3 wrote:
I blame the Germans.

Just kidding. It's obviously the Mexicans
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
jimtimmy
Posts: 3,953
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1/8/2012 10:19:22 PM
Posted: 4 years ago
Here is the source:

http://www.whitehouse.gov...

Look at federal debt from 1940 to 2016. I added up the numbers myself. But, I am sure they are right, as I did them twice.
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thett3
Posts: 14,378
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1/8/2012 10:22:34 PM
Posted: 4 years ago
At 1/8/2012 10:18:54 PM, thett3 wrote:
At 1/8/2012 10:14:12 PM, thett3 wrote:
I blame the Germans.

Just kidding. It's obviously the Mexicans

No but really, this finger pointing pisses me off. I dont give a damn who got us into this mess, I'm only interested in who is going to get us out.
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
000ike
Posts: 11,196
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1/8/2012 10:29:51 PM
Posted: 4 years ago
At 1/8/2012 10:05:31 PM, Lordknukle wrote:
At 1/8/2012 10:03:32 PM, Danielle wrote:
Under Reagan the debt increased by $2.7 trillion. Under Bush Sr. the debt increased by 1.5 trillion. GWB saw the debt increased by $6.2 trillion. Compare that to 9.5 years of Clinton and Obama where the debt increased by $2.6 trillion combined. The combined total of two Democrats doesn't even equal Reagan, the Republican poster boy for "fiscal conservatism."

http://tpmcafe.talkingpointsmemo.com...

http://articles.baltimoresun.com...

Photo: http://www.newscorpse.com...

Keep in mind, however, that Congress alone has the constitutional authority to authorize spending. Here are more graphs though if you're interested: http://mysite.verizon.net...

You've got to be kidding me. Under Obama, the debt shot up 6 trillion in 3 years.

Your arguments are derived from erroneous statistics.....6 trillion?...really?....
"A stupid despot may constrain his slaves with iron chains; but a true politician binds them even more strongly with the chain of their own ideas" - Michel Foucault
jimtimmy
Posts: 3,953
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1/8/2012 10:38:22 PM
Posted: 4 years ago
Okay, this is an interesting fact. In his first term, Barack Obama will have increased the debt from 40.3% of GDP to 75.1% of GDP.

That means that, before Obama, the debt actually has fallen since 1940. However, under Obama, we have seen such a massive increase that it makes the entire last 72 years look like a lot of debt has been added.

It is amazing how much damage this guy has done in so little time.
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000ike
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1/8/2012 10:40:00 PM
Posted: 4 years ago
"A stupid despot may constrain his slaves with iron chains; but a true politician binds them even more strongly with the chain of their own ideas" - Michel Foucault
jimtimmy
Posts: 3,953
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1/8/2012 10:51:13 PM
Posted: 4 years ago
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the worst president in history on my thread?
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16kadams
Posts: 10,497
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1/8/2012 10:57:23 PM
Posted: 4 years ago
At 1/8/2012 10:51:13 PM, jimtimmy wrote:
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the worst president in history on my thread?

+1
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
000ike
Posts: 11,196
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1/8/2012 11:01:00 PM
Posted: 4 years ago
At 1/8/2012 10:51:13 PM, jimtimmy wrote:
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the best president in history on my thread?

Fixed*

Clearly you didn't watch the part at the end where he says, "...and none of it will cost anyone, anything!. The unrealistic message of Republican ideologues.
"A stupid despot may constrain his slaves with iron chains; but a true politician binds them even more strongly with the chain of their own ideas" - Michel Foucault
16kadams
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1/8/2012 11:06:14 PM
Posted: 4 years ago
At 1/8/2012 11:01:00 PM, 000ike wrote:
At 1/8/2012 10:51:13 PM, jimtimmy wrote:
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the dumbest president in history on my thread?

Fixed*

Clearly you didn't watch the part at the end where he says, "...and all of it will cost everyone, everything!. The realistic message of Democrat ideologues.

like that better. fixed.
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
jimtimmy
Posts: 3,953
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1/8/2012 11:08:37 PM
Posted: 4 years ago
At 1/8/2012 11:01:00 PM, 000ike wrote:
At 1/8/2012 10:51:13 PM, jimtimmy wrote:
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the best president in history on my thread?

Fixed*

Clearly you didn't watch the part at the end where he says, "...and none of it will cost anyone, anything!. The unrealistic message of Republican ideologues.

When have Republicans EVER claimed that programs don't cost anything?

In fact, Dems are the one who lie about Obamacare decreasing the deficit and Social Security and Medicare being sustainable.
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16kadams
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1/8/2012 11:31:59 PM
Posted: 4 years ago
At 1/8/2012 11:08:37 PM, jimtimmy wrote:
At 1/8/2012 11:01:00 PM, 000ike wrote:
At 1/8/2012 10:51:13 PM, jimtimmy wrote:
At 1/8/2012 10:40:00 PM, 000ike wrote:


Why did you post a speech by the best president in history on my thread?

Fixed*

Clearly you didn't watch the part at the end where he says, "...and none of it will cost anyone, anything!. The unrealistic message of Republican ideologues.


When have Republicans EVER claimed that programs don't cost anything?

In fact, Dems are the one who lie about Obamacare decreasing the deficit and Social Security and Medicare being sustainable.

+10000000000000000000000000000000.39584
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
Defensor-of-Apollo
Posts: 54
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1/9/2012 12:11:08 AM
Posted: 4 years ago
Are you kidding me? Let's blame a vague group for the problems of a nation. The democrats? The way this is worded excludes the Republicans from ridicule. Looking at the recent past remember that "ground breaking" debt deal? Oh yeah 40 billion cut. Too low. Republican only wanted 100 billion. Way to low still. Here's more reason why almost all of the politicians, I would generalize as all but Ron and Rand Paul come to mind, are responsible for this mess.

America has a 1 trillion dollar deficit. These amounts suggested are too low.

The cuts were over projections. They weren't cuts from the 2011 spending expenditures but 2012 and beyond projections.

And beyond brings me to it isn't just in 2012 but over a period of time making the cut even smaller.

This extended time period, and in projections in general means future politicians don't have to head to it.

Also we are projected at more in 2012 then in 2011. Was there really a cut?

Come on and get real. The vast majority of Republicans and Democrats are responsible. Let's stop with tse over generalized groups.
000ike
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1/9/2012 12:12:13 AM
Posted: 4 years ago
At 1/9/2012 12:11:08 AM, Defensor-of-Apollo wrote:
Are you kidding me? Let's blame a vague group for the problems of a nation. The democrats? The way this is worded excludes the Republicans from ridicule. Looking at the recent past remember that "ground breaking" debt deal? Oh yeah 40 billion cut. Too low. Republican only wanted 100 billion. Way to low still. Here's more reason why almost all of the politicians, I would generalize as all but Ron and Rand Paul come to mind, are responsible for this mess.

America has a 1 trillion dollar deficit. These amounts suggested are too low.

The cuts were over projections. They weren't cuts from the 2011 spending expenditures but 2012 and beyond projections.

And beyond brings me to it isn't just in 2012 but over a period of time making the cut even smaller.

This extended time period, and in projections in general means future politicians don't have to head to it.

Also we are projected at more in 2012 then in 2011. Was there really a cut?

Come on and get real. The vast majority of Republicans and Democrats are responsible. Let's stop with tse over generalized groups.

+10000000000000000000000000000000.39584

The voices of reason will prevail!
"A stupid despot may constrain his slaves with iron chains; but a true politician binds them even more strongly with the chain of their own ideas" - Michel Foucault