The US needs to borrow almost $300 billion this week

and the deficit is a direct result of the republican recession, handed to Obama.

 

You're solely blaming Democrats for the size of the budget when the facts bear out that the LEADER of the Republican Party at the time proposed the EXACT SAME spending amount.

How can you, with a straight face, compare a deficit during good economic times and then compare a deficit during the second worst financial crash in this country?

 

The depth of them 2008 and forward they were especially 2009 and forward to 2015. They BRAGGED about their spending increases and how it was going to save the economy and put people back to work. It utterly failed.

 

The Democrats took control of the Congress a year before the recession, it was their job to pass legislation to help offset and mitigate the effects of that. They utterly failed. And whatever was handed to Obama he helped to hand it unless you are going to assert and fought against and voted against those Democrats budgets and spending measures.

 

The 2009 deficit is a direct result of the republican recession. 2008 is all on republicans.

The spending increases used during this recession, helped save our financial system, housing marking, cut UE down to under 5%, doubled the stock market to record highs, and resulted in the most consecutive months of jobs growth of any US president in history. Claiming it failed makes you look silly.

 

Bush sucked and then Obama sucked even worse. All your spin won't turn that crap into gold. Hopefully, with Trump, we get back on a prosperous track. But we sure as hell were not going to by continuing down the path of more of the same, Silly!

 

proven false.

basic civics. It would help you avoid embarrassment if you'd just pick up an elementary textbook.

 

The same way you guys compare Bush's first deficits with good times. What is comparable is the failure of Democrat policies and how deep the recession went and how much they ran up the deficits with their 9% spending increase and 18% spending increase which included the almost $900B stimulus.

 

So you are admitting Bush could not have vetoed that budget as you claimed?

 

Amazing. At the time they were so proud of Porkulus and Cash for Clunkers, and now they want to put it in Bush's column! But, regardless, both Bush and Obama sucked, Obama sucked far worse to be sure, but neither were adequate.



Glad to be rid of both!

 

The depth of what in 2008 ? Nothing that was done in 2008 led to the crash of 2008 ?

What are you talking about ? How does this prove your claim that the Dems were responsible for the crash in 2008 ?

 

Nope but do try to prove the did not take the Congress January of 2007.

Yes basic civics, the Congress controls the budget and spending. You need a more advanced textbook after your claim Bush could have vetoed the 2009 budget and that a President always has the last say on the budget.

 

https://www.usgovernmentspending.com/debt_clock


Trump owns it

 

Again, you're criticizing from a point of hindsight, not proposing ANY alternatives, and claiming a false victory by comparing what actually happened to what you're claiming COULD HAVE happened. Why anybody would put any weight in a fantasy of yours, I have no idea.

 

I'm not. You claim the Dems are solely responsible for the 2009 deficit. Since a large portion of the deficit was due to the crash - you are then also claiming that the Dems were responsible for the crash.

If the Dems were not responsible for the crash then they can not be solely responsible for the deficit.

 

Between the two of these clowns, they increased the Federal Debt 4-fold.

From Washington to Clinton we ran up $5T in debt.
Bush ran it to $10T.
Obama ran it to $20T.

You want to watch the next clown run it to $40T?

Now Trump isn't doing as well as I would like, but he sure as hell isn't on path for the 3rd triple!

At this point Obama had run up $2,434,733,648,129.69 (2017 dollars)
Trump has only run up $1,169,147,338,729.68 over the same period, despite rising interest rates, so about 1/2 the Obama debt pace. I'd hope Trump continues to improve on that, but I'm damn glad he isn't the complete disaster Obama was.

https://www.treasurydirect.gov/NP/debt/current



Between the Bush's and the Obama's the country got completely screwed, well, the government folks did very well under Obama, it was everyone else that got royally screwed.



U.S. Bureau of the Census, Real Median Household Income in the United States [MEHOINUSA672N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MEHOINUSA672N, April 2, 2018.

 

Yes like you guys do Bush and I what did happen is the issue and yes I have proposed alternatives. What you haven't postedbis what they did pass to offset the recession and mitigate its damage and what they passed to getbus onto a full recovery and whether it worked.

 

You

Me:And as I proved Bush was limited into what he could do to stop the Democrats spending increases in 2008 but was cut out completely in 2009.

Me: What is hilarious is that your argument boils down to an assertion it was Bush fault because he didn't stop what YOUR GUYS did. Are you telling me you voted for Republican congressmen to support Bush? Which ones?

So explain how Bush could have vetoed the Democrats 2009 budget

 

Atrocious English.

I define worked as "losses stopped and gains started", you seem to be defining worked as "not what Obama and the Democrats did".

 

When you want to discuss what I actually say let me know.

 

Clear enough

The $800B new spending stimulus was supposed to hold unemployment to just 8%, instead it soared to 10% and stayed over 9% for the next three years while the LFPR is what went down.

 

I am discussing what you actually said.

You blame Dem's for the 2009 deficit. The 2009 deficit was primarily a function of the 2008 crash.

Since you have not shown that the Dems were responsible for the Crash - it is fallacy to blame them for the deficit cause by the crash.

 

Nobody is talking about bush and the 2009 budget. You are trying to derail this thread. I won't let you.

And I pointed out how stupid your statement was, as it was a strawman.

 

because of the republican recession, and the fact it was the WORST recession since the GD. UE then went to under 5%, stock market doubled to record highs, and we had the most consecutive months of jobs growth of any other US president.

The democrats were a resounding success.

 

difference is, Bush and fellow republicans did it on purpose, and Obama had to clean up the worst recession in 80 years, that republicans caused. He did a spectacular job. UE went from over 10%, to under 5%. Stock market doubled to record highs. He had the most consecutive months of jobs growth of any US president in US history.