The US needs to borrow almost $300 billion this week

Discussion in 'Current Events' started by trucker, Mar 27, 2018.

  1. Iriemon

    Iriemon Well-Known Member Past Donor

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    I can't tell if these folks are just mindlessly parroting what they are fed by Fox News and other RW propaganda media, or if they truly believe what they are told and are hopelessly gullible.

    The ability to think critically seems largely absent from many of our conservative friends.
     
  2. Pred

    Pred Well-Known Member

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    And Bush inherited 9/11 which was directly caused by Mr. Clinton himself for not doing a damn thing during his 8 yrs. And that wonderful war you like to call Bush's could NOT have happened without a crap load of Democrat votes. Or are you one of the Bush, one of the dumbest presidents weve ever had, was brilliant enough to lie to everyone, even though the intelligence came from guess who...CLINTON's intel agency, Bush inherited.
     
  3. Your Best Friend

    Your Best Friend Well-Known Member

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    It's part of the canon of Leftist scripture that the incredible amount of Obama debt and his floundering anemic recovery was entirely due to his predecessor. Horrible policy like his so called stimulus program is never mentioned nor is the chronically high unemployment under Obama.

    It's like blaming the terrible state of disrepair of your broken down house on the former owner, who didn't mow the lawn often enough.


    The fact is it was very bad policy on Obama's part that's to blame. https://www.forbes.com/sites/peterf...ama-be-americas-worst-president/#28b6c4286dd5
    Funny how this is never cited by the apologists and propagandists.
     
    Last edited: Mar 27, 2018
  4. Zorro

    Zorro Well-Known Member

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    You think Fox News controls the US Treasury link I gave you? Coo! Koo!
    He's such a whiner. Ran for the office twice, never stopped bitching about holding it.

    The year previous to Obama, Bush ran up $1,440,241,197,579.84. Obama ran up that much and more.

    I expect Trump is going to do much better than Obama and Bush, certainly better than Obama. Obama ran up more debt than the all the previous President's combined, except, it was really Obama's fault, because he was never really President, we just skipped from Bush -> Trump with a big nothing for 8 years between them was never accepted responsibility for anything.

    Two terms, swiped! The crime of the Century!
     
  5. Zorro

    Zorro Well-Known Member

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    Apparently, Obama was never really the President. We just skipped from Bush to Trump!

    And Bush didn't just steal Obama's presidency, it looks like Bush helps himself to a LOT of Obama's stuff:

    [​IMG]
     
  6. Zorro

    Zorro Well-Known Member

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    Bush helped himself to Obama's Presidency, just swiped it!

    [​IMG]
     
  7. Your Best Friend

    Your Best Friend Well-Known Member

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    I suppose Michelle is tired of grown men that throw like little girls, wear their mom's jeans and a bike helmet when bicycling in the front driveway.
     
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  8. Iriemon

    Iriemon Well-Known Member Past Donor

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    Nice attempt to divert the discussion.

    Complete bullshit, but nice attempt.
     
    Last edited: Mar 27, 2018
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  9. Iriemon

    Iriemon Well-Known Member Past Donor

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    Nope, you're wrong again.

    Were you born yesterday? Or do you just get your information exclusively from Fox News?

    Obama inherited the worst recession in 80 years and trillion plus dollar deficits, which came down by 2/3 during his tenure.

    So of course the debt increased a lot in Obama's first couple years.

    More false facts from RW propagandaland. Was it Sean who told you that lie? Or Rush?

    Sorry, I don't speak incoherentese.
     
    Last edited: Mar 27, 2018
  10. LogicalParty

    LogicalParty Well-Known Member

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    SHH you will ruin the narrative that Trump inherited a dumpster fire and Obama inherited a paradise which he ruined
     
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  11. mudman

    mudman Well-Known Member

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    Nothing else you say means **** if you can utter this phrase with a straight face.

    Who passed the spending bill leading to those deficits and more importantly, who voted for it?
     
  12. Zorro

    Zorro Well-Known Member

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    Bush helped himself to Obama's Presidency and it looks like anything else in the vicinity.

    [​IMG]

    Bush is a presidency stealer, both terms! Has anyone ever stole two presidential terms from someone and smooched up his wife?
     
  13. Iriemon

    Iriemon Well-Known Member Past Donor

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    Take it up with the CBO. They are the ones who uttered the phrase.

    On Jan. 7, 2009, two weeks before Obama took office, the Congressional Budget Office reported that the deficit for fiscal year 2009 was projected to be $1.2 trillion.

    http://www.politifact.com/truth-o-m...obama-inherited-deficits-bush-administration/

    Turned out they underestimated the severity of the recession. Within just a few weeks of Obama taking office, that projection had increased to $1.85 trillion. Conservatives were having a field day blaaaaaming Obaaaaama for it.
     
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  14. Zorro

    Zorro Well-Known Member

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    Poor Obama, his amazing economic policies didn't start working, until Trump was elected. How unfair is that?!?

    These Republicans rob him blind of all the credit he deserves and they are awful damn comfortable around his wife, too!

    [​IMG]
     
  15. Iriemon

    Iriemon Well-Known Member Past Donor

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    What is "poor" about Obama's term in office?


    o Economy that was tanking at a -9% rate and shedding 700,000+ jobs a month turned around
    o a record 83 straight months of private sector employment growth.
    o Initial unemployment claims below 300,000 for a 101 straight weeks, the longest streak since 1970
    o 150% increase in the stock markets since taking office
    o More than halved the deficit in 4 years.
    o Initial unemployment claims drop to lowest level since 1973
    o Got Osama bin Laden.
    o Saved 2-3 million jobs with stimulus package
    o First decrease in spending in a year in decades - 3 times.
    o Stock markets up 200% since bottom of the recession in 2009
    o 16 million additional private sector jobs created since Jan 2010
    o Oil production increasing for the first time in decades.
    o Initial unemployment claims drop to 43 year low.
    o Ousted Muamar Kadaffi at 1/1000 the cost of the Iraq war
    o Deficit reduced by a then record $212 billion, down 16%, in 2012.
    o Deficit reduced by a new record $408 billion, down 37%, in 2013
    o Expanded overtime regulations for working Americans
    o Record corporate profits
    o Opened relations with Cuba
    o Passed health care reform that is providing coverage to tens of millions of Americans
    o 6 straight years of GDP growth
    o Unemployment rate dropped from 10% to 4.8%
    o U.S. becomes world's top petroleum and energy producer
    o Passed financial regulation reform to prevent another housing bubble fiasco.
    o Recovered all jobs lost in the worst recession in 80 years
    o Lowest rate of spending increases of any president in modern history
    o 2015 median income increase strongest on record.
    o Average initial jobless claims drops to levels last seen when Nixon was president.
    o Turned the tide against ISIS
    o US domestic oil use decreased
    o Net creation of millions of people employed despite inheriting a economy losing 700,000+ jobs a month
    o Student loan reform passed making college loans available at reasonable rates.
    o Gas prices drop to $2.00/gallon

    Had Obama been a white Republican, conservatives would be hailing him as a savior.

    We can only hope this Republican administration doesn't f*** things up too badly. Again.
     
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  16. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    This is a simulated torpedo attack on an ocean liner the Titanic hit an iceberg. Just for you reference icebergs do not shoot at a ship like an underwater rocket.
     
    Last edited: Mar 27, 2018
  17. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    Fox Network induced lies get Trumpmfans into the wet dream mood.
     
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  18. Zorro

    Zorro Well-Known Member

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    Pure horse ****.

    Every time he hammered the zero line, there were fewer people employed in this country than the month before. He was underwater when he started, underwater 8 years later when he finally slinked out and he was underwater repeatedly while he was in the midst of his two term Reign of Error.

    [​IMG]

    U.S. Bureau of Labor Statistics, Civilian Employment Level [CE16OV], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CE16OV, March 27, 2018.

    His wife though, she's one of the most snugly people you are ever going to meet.

    [​IMG]


    For a guy that stole both of Obama's presidential terms, they sure seem chummy!
     
  19. ronv

    ronv Well-Known Member

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    You chart does not address the claim.
    ... a record 83 straight months of private sector employment growth...

    Why on earth would you want to compare points years apart when the data is available to do an actual comparison?
    upload_2018-3-27_17-11-43.png
    Why didn't you, for example, go back and compare to Bubba?
    Did you just find your data on some RW blog? I know Trump likes to do that. upload_2018-3-27_17-11-43.png
     
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  20. ronv

    ronv Well-Known Member

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    I hear you.
    But Trump had a bigger inauguration crowd, you know.
     
  21. Zorro

    Zorro Well-Known Member

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    The US Treasury, Federal Reserve and US Bureau of Labor Statistics are official US government sources, Silly!

    [​IMG]
    Barack shakes hands with the man who stole both his presidential terms.
     
    Last edited: Mar 27, 2018
  22. ronv

    ronv Well-Known Member

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    ... a record 83 straight months of private sector employment growth...

    upload_2018-3-27_18-14-40.png
    [​IMG]
     
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  23. Zorro

    Zorro Well-Known Member

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    All Employed is a much broader number.
     
  24. Denizen

    Denizen Well-Known Member

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    GOP logic 201:

    If taxes are cut to zero revenue will increase infiinitely.
     
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  25. Denizen

    Denizen Well-Known Member

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    The porn star industry is definitely seeing a surge in employment by 'virtue' of the Trump effect.
     
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