Please explain

dr516
Profile picture for user dr516
Posts
587
Joined
7/10/2008
Location
Visalia, CA US
dr516
Edited Date/Time 1/21/2012 2:49am
I keep hearing that we are screwing our self’s and the next generation with all this national dept and how the interest alone will be the end all. But they were saying the same thing before Clinton created a surplus.
|
Dean
Profile picture for user Dean
Posts
6089
Joined
4/1/2008
Location
Goldsboro, NC US
Dean 8/4/2009 8:51am
8/4/2009 8:51am
dr516 wrote:
I keep hearing that we are screwing our self’s and the next generation with all this national dept and how the interest alone will be the...
I keep hearing that we are screwing our self’s and the next generation with all this national dept and how the interest alone will be the end all. But they were saying the same thing before Clinton created a surplus.
yes they were
huck
Profile picture for user huck
Posts
17021
Joined
8/16/2006
Location
Mountain Home, AR US
huck 8/4/2009 8:52am
8/4/2009 8:52am
If I could "screw myself"....I'd never leave the house!
jtomasik
Profile picture for user jtomasik
Posts
12898
Joined
8/17/2006
Location
Golden, CO US
jtomasik 8/4/2009 10:40am
8/4/2009 10:40am Edited Date/Time 4/17/2016 1:19am
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years.


The question remains what does the national debt mean, and at what point is it meaningful?

Percentage of GDP is one good way to look at it.



National Debt through Clinton years

The Shop

See All »
Nacho Daddy 8/4/2009 12:54pm
8/4/2009 12:54pm
jtomasik wrote:
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years. The question remains what...
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years.


The question remains what does the national debt mean, and at what point is it meaningful?

Percentage of GDP is one good way to look at it.



National Debt through Clinton years
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion.

Obama has raised it by 10%.

Why didn't we ever hear any shrill cries from the righties when Dubya was spending us into this hole?
FishBone
Profile picture for user FishBone
Posts
962
Joined
4/1/2008
Location
Ho Chi Minh City VN
FishBone 8/4/2009 1:04pm
8/4/2009 1:04pm
awesome ... BO is the man .. at this rate he will double it again in only 4 yrs
Honda_Fan
Profile picture for user Honda_Fan
Posts
276
Joined
8/2/2009
Location
Tulsa, OK US
Honda_Fan 8/4/2009 1:09pm
8/4/2009 1:09pm
jtomasik wrote:
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years. The question remains what...
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years.


The question remains what does the national debt mean, and at what point is it meaningful?

Percentage of GDP is one good way to look at it.



National Debt through Clinton years
Nacho Daddy wrote:
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion. Obama has raised it by 10%. Why didn't we ever hear any...
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion.

Obama has raised it by 10%.

Why didn't we ever hear any shrill cries from the righties when Dubya was spending us into this hole?
Plus Dubya pissed that money away in a sand box.

At least Obama is directing his spending to US.
Scotty
Profile picture for user Scotty
Posts
4139
Joined
3/21/2008
Location
AK US
Scotty 8/4/2009 1:16pm
8/4/2009 1:16pm
jtomasik wrote:
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years. The question remains what...
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years.


The question remains what does the national debt mean, and at what point is it meaningful?

Percentage of GDP is one good way to look at it.



National Debt through Clinton years
Nacho Daddy wrote:
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion. Obama has raised it by 10%. Why didn't we ever hear any...
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion.

Obama has raised it by 10%.

Why didn't we ever hear any shrill cries from the righties when Dubya was spending us into this hole?
Raised it by 10%? Wow you do have your head in the sand.
FishBone
Profile picture for user FishBone
Posts
962
Joined
4/1/2008
Location
Ho Chi Minh City VN
FishBone 8/4/2009 1:19pm
8/4/2009 1:19pm Edited Date/Time 4/17/2016 1:19am
here are the real numbers for budget ...biggest single year jump in recent history
2010 United States federal budget - $3.60 trillion (submitted 2009 by President Obama)
2009 United States federal budget - $3.10 trillion (submitted 2008 by President Bush)
2008 United States federal budget - $2.90 trillion (submitted 2007 by President Bush)
2007 United States federal budget - $2.77 trillion (submitted 2006 by President Bush)
2006 United States federal budget - $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget - $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget - $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget - $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget - $2.0 trillion (submitted 2001 by President Bush)
2001 United States federal budget - $1.9 trillion (submitted 2000 by President Clinton)
2000 United States federal budget - $1.8 trillion (submitted 1999 by President Clinton)
1999 United States federal budget - $1.7 trillion (submitted 1998 by President Clinton)
1998 United States federal budget - $1.7 trillion (submitted 1997 by President Clinton)
1997 United States federal budget - $1.6 trillion (submitted 1996 by President Clinton)
1996 United States federal budget - $1.6 trillion (submitted 1995 by President Clinton)
MX479Guy
Profile picture for user MX479Guy
Posts
2577
Joined
4/5/2009
Location
Atlantic Beach, FL US
MX479Guy 8/4/2009 1:44pm
8/4/2009 1:44pm
And Obama has done all that in only a few short months. WOW

jtomasik
Profile picture for user jtomasik
Posts
12898
Joined
8/17/2006
Location
Golden, CO US
jtomasik 8/4/2009 1:44pm
8/4/2009 1:44pm
jtomasik wrote:
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years. The question remains what...
The nation never paid off its debt during the Clinton admin. We just had an operating budget surplus for a few years.


The question remains what does the national debt mean, and at what point is it meaningful?

Percentage of GDP is one good way to look at it.



National Debt through Clinton years
Nacho Daddy wrote:
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion. Obama has raised it by 10%. Why didn't we ever hear any...
Dubya doubled the national debt in 8 years from $5.3 trillion to $10.7 trillion.

Obama has raised it by 10%.

Why didn't we ever hear any shrill cries from the righties when Dubya was spending us into this hole?
We did. Tons of times. Question really is why the majority of those people aren't singing the same tune now.
jtomasik
Profile picture for user jtomasik
Posts
12898
Joined
8/17/2006
Location
Golden, CO US
jtomasik 8/4/2009 1:48pm
8/4/2009 1:48pm
Honda_Fan wrote:
Plus Dubya pissed that money away in a sand box.

At least Obama is directing his spending to US.
You mean we pulled out of Iraq and Afghanistan? And we stopped all spending in the middle east?

Hmm...I musta missed that. Link, please.
Nacho Daddy 8/4/2009 2:55pm
8/4/2009 2:55pm
Scotty wrote:
Raised it by 10%? Wow you do have your head in the sand.
That's funny.

The national debt clock at this very moment is at $11.7 trillion - approximately 10% higher than it was the day Dubya slithered back to texas.

Keep making up shit if it makes you feel better.

Post a reply to: Please explain