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Big unfunded ground wars by Bush in Iraq and Afghanistan, plus re-building of roads,schools,

Author: bbkingfish (1839 Posts - Joined: Aug 15, 2014)
Posted at 4:59 pm on Jan 11, 2017
View All

hospitals, electrical distribution and water systems in those countries...all unfunded of course.

Plus, unfunded Medicare Part D proposed by Bush and approved by Dems in 2003 as deal for Bush's re-election along with Congress.

Add Bush's huge unfunded tax cut for the rich, coupled with the Great Recession of 2008. They combined to reduce revenues dramatically in 2009.

That's how you go from a $300 million surplus at the end of the Clinton admin to a $1 trillion deficit by 2009.

As your chart shows rather clearly, the deficit first exploded under Reagan/Bush, was gradually brought under control under Clinton, exploded again under GWB (see his policies above), then was reduced each succeeding year under Obama as the recovery (too weak, as the GOP opposed Obama on everything in McConnell's effort to "make Obama a one-term President) gradually took hold.

Now the debt is set to explode again, as shutting down O-care is projected to cost over $300B, and another big tax cut for the rich is just around the bend. And, of course, the big stimulus he wants, which is mostly tax cuts for construction industries.

Clinton and Obama have been the only fiscally conservative Presidents of the last 40 years, mainly because tax cut for the top 1% is the only thing the GOP really cares about...everything else is subject to change on a moment's notice, as we are seeing now.

I'm surprised you had to ask.


Replies to: "Big unfunded ground wars by Bush in Iraq and Afghanistan, plus re-building of roads,schools,"

  • The silence coming from McConnell and Ryan is deafening re: Trump and the Russkis. - bbkingfish - 1:25pm 1/11/17 (44) [View All]
    • wrong--they are both against DT. Paying lip service because he won and in control. [NT] - Hank the Tank - 4:17pm 1/11/17
    • Not that much fun to have to admit that a foreign power illegally hacked a prez election to help you [NT] - Frank L - 2:22pm 1/11/17
    • Ryan, McConnell, Graham and McCain are RINO rats. [NT] - fredyo - 1:30pm 1/11/17
      • Trump is definitely the epitome of conservative values - ND_in_DRO - 2:43pm 1/11/17
        • Take a look at his team and tell me that is not a Conservative administration that he is - LTNDFAN - 5:23pm 1/11/17
        • It is his devout, humble, Christianity that they find irresistable. - bbkingfish - 2:47pm 1/11/17
          • Ha! [NT] - NedoftheHill - 3:30pm 1/11/17
        • That trillion dollar stimulus on top of the tax cut is very Republican and fiscally responsible. [NT] - Frank L - 2:46pm 1/11/17
          • Kinda' like Ohomo managing to run up our debt to $20 Trillion.... - fredyo - 2:54pm 1/11/17
            • And what makes you think Trump will be different? Ultimate RINO on spending. [NT] - Frank L - 3:14pm 1/11/17
              • Thx for answering my question. [NT] - fredyo - 3:18pm 1/11/17
                • I knew you could figure out that the answer is never when he will be adding trillions to it. - Frank L - 3:20pm 1/11/17
                  • Concern about the national debt is only a conservative value when a Dem is in the WH. [NT] - ND_in_DRO - 3:23pm 1/11/17
                  • There is so much fat to be trimmed that he doesn't need to raise the debt. [NT] - fredyo - 3:22pm 1/11/17
                    • and how many times has that been said? He won't save trillions that way. [NT] - Frank L - 3:25pm 1/11/17
                      • So how did we get to the $20 Trillion mark? - fredyo - 3:29pm 1/11/17
                        • Big unfunded ground wars by Bush in Iraq and Afghanistan, plus re-building of roads,schools, - bbkingfish - 4:59pm 1/11/17
                          • "...reduced each succeeding year under Obama ..." Reduced after he ran up the deceit (deficit) ... - fredyo - 5:23pm 1/11/17
                            • Tax revenues plummetted after the Bush 2008 recession. Big deficits followed in 2009. - bbkingfish - 6:00pm 1/11/17
                              • Once again you missed the mark. Clinton basked in the Bush policies that created a surplus... - fredyo - 6:33pm 1/11/17
                        • You are arguing with the wrong person if you want a defense of Obama spending. - Frank L - 3:45pm 1/11/17
                          • How do you figure? 72% of Ohomos deficit is from social programs. Expect a MAJOR cut in those.... - fredyo - 3:50pm 1/11/17
                            • No way. He is not going to cut entitlements or social spending. [NT] - Frank L - 3:58pm 1/11/17
                              • And just how are you privy to this? [NT] - fredyo - 4:00pm 1/11/17
                                • He has said he won't touch entitlements which is where most of those trillions go, and - Frank L - 4:48pm 1/11/17
                                  • OIC...so suddenly you believe in what he says? Man, you are too much. (;=D) [NT] - fredyo - 4:54pm 1/11/17
                        • Billionaires not paying their taxes? [NT] - Rooney - 3:33pm 1/11/17
                          • WOW! You are some math wiz. Please allow me to help... - fredyo - 3:37pm 1/11/17
                            • Quick question. - Rooney - 3:56pm 1/11/17
                              • Ohomo Has Collected $18,764,164,000,000 in Taxes--$124,003 Per U.S. Job... - fredyo - 4:08pm 1/11/17
                                • $9 trillion here...$9 trillion there...pretty soon you're talking about serious money... [NT] - TakethetrainKnute - 4:27pm 1/11/17
                                  • Thank you, Mr. Dirksen... - fredyo - 4:41pm 1/11/17
                            • Admittedly I'm not good with numbers. - Rooney - 3:52pm 1/11/17
                              • I know that and I was being sarcastic. Still friends? [NT] - fredyo - 3:53pm 1/11/17
                                • 9. [NT] - Rooney - 3:57pm 1/11/17
                                  • How cheeky of you. [NT] - fredyo - 3:59pm 1/11/17
      • Trump has been a republican for all of 10 minutes and you bow to your king. RINO indeed. [NT] - Rocket91 - 1:55pm 1/11/17
        • I've been a registered Republican since 1972, Bozo. Always vote straight tix.... - fredyo - 2:19pm 1/11/17
      • What Trump is experiencing is called "just deserts." - bbkingfish - 1:42pm 1/11/17
        • WRONG! They are traitors to the party. Just wait until Lindsey Graham is exposed for... - fredyo - 2:22pm 1/11/17
          • No real Republican can be gay? [NT] - ND_in_DRO - 2:44pm 1/11/17
            • Nonsense. Caitlyn Jenner is a Republican...and she's a lesbian now...I think... [NT] - TakethetrainKnute - 2:50pm 1/11/17
            • Only with you, apparently. [NT] - fredyo - 2:45pm 1/11/17
        • "Just deserts"...probably another consequence of Global Warming... [NT] - TakethetrainKnute - 1:54pm 1/11/17
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