Wouldn't a strong statement of unqualified support of Trump from GOP leaders be pretty much pro forma in a case like this? I'm sure it would, If they thought it was a steaming pile concocted by democrats, that is.
I would say that if they don't come out with a robust show of support before the end of the day , complete with some vigorous fist-shaking toward leftists of the dem party, and, of course, the librul media, Trump is in for a long ride over this.
At his p/c today, he had the bearing of a man who is gradually realizing he is in way, way over his head...none of his trademark Mussolini swagger at all.
And the leaders of his party, all of whom he has tried to publicly humiliate in the past year, appear for the moment to be content to let the Donald learn what it feels like to twist slowly in the wind.
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From wanting to end free trade to wanting good relationships with Russia to his 3 marriages.
But I guess since he won, he's the only true Republican?
putting together.
What do you want, war with Russia?
The man is a modern day St. Francis.
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Do you have any idea as to how many generations it will take to pay that down?
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Easy math.
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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.
You really suck at reading bar charts.
...and are apparently oblivious to fiscal facts, as I already posted...
Which part of this do you fail to understand?
For you, since you are so narrow-minded, I will post it again...
In his first 6 years in office, Obama broke the world record for largest annual deficits accumulated under a President of any country ever. He went from $1.4 trillion in 2009, to $1.3 trillion in 2010, to $1.3 trillion in 2011 to $1.1 trillion in 2012, to $0.7 trillion in 2013 to $0.5 trillion in 2014. No other president has surpassed $0.5 trillion in a single year. George W Bush incurred $5 trillion in national debt over 8 years (which included 911, wars in Iraq and Afghanistan and the 2008 recession) but Obama matched Bush’s debt in his first 4 years in office alone.
After such horrible numbers, Obama then brags about cutting the deficit by a third. This is true in that Obama cut the deficit from $1.4 trillion record amount set in 2009 to $0.5 trillion in 2015, but what Obama doesn’t share is that no other president came close to the more than $1 trillion deficits Obama incurred in his first 4 years in office. GW had a $0.5 trillion deficit but that was in 2008.
What’s really sad about Obama’s spending is that there isn’t much to show for it. No major infrastructure improvements have taken place. The military is in shambles and it appears NASA spends more time on global warming than on space exploration. The majority of the costs that led to Obama’s debts were in social programs.
In 2015 25% of the federal budget went to health programs including Medicaid, Medicare and Obamacare; 24% of the 2015 budget went towards Social Security; another 13% went towards more subsidies like benefits for federal retirees and veterans, education, science and medical research; and another 10% went to the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families and programs that provide cash payments to eligible individuals or households (referred to as safety net programs).
In total 72% of the US federal budget goes towards social programs. Only 16% goes towards goes towards defense and international security assistance (whatever that is), 6% goes towards interest on the debt and the remaining 6% goes towards infrastructure and other.
As the US continues to increase its debt and with rising interest rates, the portion of the federal budget spent on interest will drastically increase. Rates are very low now but even slight increases will increase the US debt interest payments significantly.
The $20 trillion in debt also does not include the more than $100 trillion in estimated unfunded liabilities related to these social programs and government employee pensions.
Obama’s spending is immoral and has left the country with a tremendous burden especially when rates go up. What a mess Obama has left the US from his Presidency in debt alone!
Just like in 2001, it took Bush a whole year to blow up the the surpluses achieved under Clinton...he didn't even take over until 2001, so he couldn't fuck things up quickly enough to produced a deficit in 2001...he didn't have a whole year to work with. By 2002, the admin was really underway and we got rid of those surpluses once and for all. After all, Bush and the GOP didn't want to pay down the debt...they wanted to lower taxes for the wealthy.
I'm surprised I have to explain all this to you. don't you read the papers?
Are you honestly attempting to credit Clinton for the surplus within his first 3-6 months in office?
That freakin' impossible!
Read which papers?
Trump will add to that though.
See my answer to Rooney, below, for the actual figures.
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will increase military spending. If he does those things it will increase by trillions.
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In his first 6 years in office, Obama broke the world record for largest annual deficits accumulated under a President of any country ever. He went from $1.4 trillion in 2009, to $1.3 trillion in 2010, to $1.3 trillion in 2011 to $1.1 trillion in 2012, to $0.7 trillion in 2013 to $0.5 trillion in 2014. No other president has surpassed $0.5 trillion in a single year. George W Bush incurred $5 trillion in national debt over 8 years (which included 911, wars in Iraq and Afghanistan and the 2008 recession) but Obama matched Bush’s debt in his first 4 years in office alone.
After such horrible numbers, Obama then brags about cutting the deficit by a third. This is true in that Obama cut the deficit from $1.4 trillion record amount set in 2009 to $0.5 trillion in 2015, but what Obama doesn’t share is that no other president came close to the more than $1 trillion deficits Obama incurred in his first 4 years in office. GW had a $0.5 trillion deficit but that was in 2008.
What’s really sad about Obama’s spending is that there isn’t much to show for it. No major infrastructure improvements have taken place. The military is in shambles and it appears NASA spends more time on global warming than on space exploration. The majority of the costs that led to Obama’s debts were in social programs.
In 2015 25% of the federal budget went to health programs including Medicaid, Medicare and Obamacare; 24% of the 2015 budget went towards Social Security; another 13% went towards more subsidies like benefits for federal retirees and veterans, education, science and medical research; and another 10% went to the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families and programs that provide cash payments to eligible individuals or households (referred to as safety net programs).
In total 72% of the US federal budget goes towards social programs. Only 16% goes towards goes towards defense and international security assistance (whatever that is), 6% goes towards interest on the debt and the remaining 6% goes towards infrastructure and other.
As the US continues to increase its debt and with rising interest rates, the portion of the federal budget spent on interest will drastically increase. Rates are very low now but even slight increases will increase the US debt interest payments significantly.
The $20 trillion in debt also does not include the more than $100 trillion in estimated unfunded liabilities related to these social programs and government employee pensions.
Obama’s spending is immoral and has left the country with a tremendous burden especially when rates go up. What a mess Obama has left the US from his Presidency in debt alone!
Did the deficit go up dramatically under Obama because spending went up or because revenues went down?
Draw yer own conclusions...
Over the course of the 86 full months that President Barack Obama has completed serving in the White House—from February 2009 through March 2016--the U.S. Treasury has collected approximately $18,764,164,000,000 in tax revenues (in non-inflation-adjusted dollars), according to the Monthly Treasury Statements issued during that period. (President Obama was inaugurated on Jan. 20, 2009.)
That equals approximately $124,003 for each of the 151,320,000 persons who, according to the Bureau of Labor Statistics, had either a full- or part-time job during March 2016.
During the same 86-month stretch of the Obama presidency, the total debt of the federal government increased from $10,632,005,246,736.97 to $19,264,938,619,643.07, according to the Treasury.
That is an increase in the debt of $8,632,933,372,906.10—or approximately $57,051 for each of the 151,320,000 people with jobs as of March.
If the Treasury succeeds in collecting the full $3,335,502,000,000 in reveneus that the White House Office of Management and Budget estimates it will collect in fiscal 2016 (which will end on Sept. 30), Obama will become the first American president whose Treasury collected more than $20,000,000,000,000 in taxes (in non-inflation adjusted dollars) during his time in office.
As of the end of fiscal 2015 (on Sept. 30, 2015), the Treasury had collected a total of approximately $17,287,946,000,000 during the 80 full months Obama had at that point served as president.
By the end of this September--if the Treasury collects the estimated $3,335,502,000,000 in revenues for this year—the Treasury will have collected $20,623,448,000,000 in taxes during the 92 full months Obama will by then have served in the White House.
During the first 86 full months that George W. Bush was president (February 2001 through March 2008), according to the Monthly Treasury Statements, the Treasury collected approximately $15,099,826,000,000 in taxes. (From February 2001 through January 2009, the Treasury collected $17,251,191,000,000 in taxes. Bush was inaugurated on Jan, 20, 2001 and left office on Jan. 20, 2009, when Obama was sworn in.)
The $15,099,826,000,000 in taxes that the Treasury collected during Bush’s first 86 full months in office equaled approximately $103,363 for each of the 146,086,000 persons who had a full- or part-time job in March 2008.
During the first 86 full months of George W. Bush’s presidency, the debt increased from $5,716,070,587,057.36 to $9,437,594,138,091.39.
That is a debt increase of $3,721,523,551,034.03—or approximately $25,475 for each of the 146,086,000 persons who had a job in March 2008.
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"I am a man of fixed and unbending principles, the first of which is to be flexible at all times."
"When I face an issue of great import that cleaves both constituents and colleagues, I always take the same approach. I engage in deep deliberation and quiet contemplation. I wait to the last available minute and then I always vote with the losers. Because, my friend, the winners never remember and the losers never forget."
But it was intended to be a lighthearted response.
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Once again yer slip is showing.
He never has given any of those guys any incentive to act any other way.
He has treated them like tools, and now he is getting tooled in return.
...his love of sausage.
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