Bush vs. Obama on who's REALLY at fault.
Posted: Mon Mar 19, 2012 11:10 am
http://www.washingtonpost.com/business/ ... aphic.html
Some of the comments are even more interesting.
Some of the comments are even more interesting.
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Bush vs. Obama on who's REALLY at fault.
https://forums.metalsludge.tv/forums/viewtopic.php?f=5&t=266507
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Re: Bush vs. Obama on who's REALLY at fault.
Posted: Mon Mar 19, 2012 7:39 pm
Lieberals really are fucking scum of the goddamn Earth. Go to church!
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Tue Mar 20, 2012 7:55 am
Skate4RnR wrote:Lieberals really are fucking scum of the goddamn Earth. Go to church!
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Thu Mar 22, 2012 9:44 pm
Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Fri Mar 23, 2012 1:30 am
UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Sat Mar 24, 2012 5:27 am
Spot on.UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Sun Mar 25, 2012 12:30 pm
yep. Bush during his second election let things fall apart because he was too busy focused on war and when Obama came in he stuck his fingers in a wound that was trying to hell and made it worse.UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Mon Mar 26, 2012 2:17 am
Spot on stupid.brotherplanet wrote:Spot on.UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
The dollar is not on the verge of crashing. Headline inflation is 3.2%, inflation is expected to be 3.3% over the next 12 months and the demand for treasuries is so strong that the real rate of return is negative for 5,7 and 10 years.
The rapid growth in the national debt is a consequence of tax cuts. Going back to 97, taxes have been cut continuously with no major tax hikes (and no measurable positive impact on the economy). Tax revenue grew 8% a year from 1970 to 2000. Tax revenue grew 2.3% a year from 2000 to 2011. Spending grew 7.6% a year from 1970 to 2000 but 6.9% a year from 2000 to 2011.
........tax revenue spending (thousands)
1970: 192,807 195,649
2000: 2,025,191 1,788,950
2011: 2,627,449 3,728,686
tax revenue grew 8.1% a year from 1970 to 2000
tax revenue grew 2.3% a year from 2000 to 2011
spending grew 7.66% a year from 1970 to 2000
spending grew 6.9% a year from 2000 to 2011
97-2010 Tax Cuts
Tax Relief Act of 1997
Economic Growth and Tax Relief Reconciliation Act of 2001
Job Creation and Worker Assistance Act of 2002
Jobs and Growth Tax Relief and Reconciliation Act of 2003
Working Families Tax Relief Act of 2004
American Jobs Creation Act of 2004
Tax Increase Prevention and Reconciliation Act of 2005
Stimulus 2009
Extend Bush tax cuts 2010
Whichever party identifies themselves as the tax cut party is to blame for the rapid growth in the national debt.
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Sun May 06, 2012 6:50 pm
DEATH ROW JOE wrote:UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Sun May 06, 2012 7:15 pm
HeavyMetalZombie666 wrote:yep. Bush during his second election let things fall apart because he was too busy focused on war and when Obama came in he stuck his fingers in a wound that was trying to hell and made it worse.UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
That pretty much sums it up.
Re: Bush vs. Obama on who's REALLY at fault.
Posted: Mon May 07, 2012 5:08 am
brotherplanet wrote:HeavyMetalZombie666 wrote:yep. Bush during his second election let things fall apart because he was too busy focused on war and when Obama came in he stuck his fingers in a wound that was trying to hell and made it worse.UncleMilton wrote:Bush and Obama are both to blame...
They both have spent trillions...and put this country on verge of crashing dollar, inflation, etc
It is coming...
That pretty much sums it up.
If you have no idea what you're talking about, it certainly does.