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[QUOTE=Hlleonard;535322]--
There might be several updates to that list..... like
First President to be handed 8 trillion dollars worth of debt by the three previous republican presidents.[/QUOTE]
Look you LIBTARDS on the Left continue to blame Bush. HOW about you blame that **** head in the Oval Office for once.
Later,
Geo
[QUOTE=Hlleonard;535337]--
Yep. He certainly doest seem to be doing any better than his fore runners[/QUOTE]
I am the first to say I don't know everything and I decided to look the national debt up and it's scary. I decided to look up what some say may help cut the debt down and I was amazed at what I read. The areas I always considered to be a major area of waste really doesn't amount to much at all in the scheme of things. Foreign Aid..IMO was a place to reduce the national debt but man it's a small contributor. Yes it can be reduced but that's only a start. I was really surprised at the amount of money that the gubment owes itself....they have robbed programs like social security and Medicare and this is a huge problem because as the country ages more and more money is needed from those programs that have been gutted by our elected officials.
It sure doesn't help giving money to illegals in forms of free healthcare or financial aid and the welfare program is riddled with waste and corruption.
It's scary and it may be a huge clue into why both parties talk about things but are afraid to actually do anything in fear of cutting its own throat.
[QUOTE=Hlleonard;535322]--
There might be several updates to that list..... like
First President to be handed 8 trillion dollars worth of debt by the three previous republican presidents.[/QUOTE]
It is not the last three republican presidents it is all the presidents the debt is 8 trillion and he has more than doubled that in just 6 years. With Obama care he will probably double it in another 6 years
[QUOTE=roadrunner;535342]It is not the last three republican presidents it is all the presidents the debt is 8 trillion and he has more than doubled that in just 6 years. With Obama care he will probably double it in another 6 years[/QUOTE]
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Debt when Ronald Reagan took office...... 0.848 T
Debt when Ronald Reagan left office...... 2.698 T
Debt when George Bush Sr. took office...... 2.698 T
Debt when George Bush Sr. left office...... 4.188 T
Debt when George Bush jr. took office...... 5.728 T
Debt when George Bush jr. left office...... 10.627 T
You do the math.
[QUOTE=DJD;535340]I am the first to say I don't know everything and I decided to look the national debt up and it's scary. I decided to look up what some say may help cut the debt down and I was amazed at what I read. The areas I always considered to be a major area of waste really doesn't amount to much at all in the scheme of things. Foreign Aid..IMO was a place to reduce the national debt but man it's a small contributor. Yes it can be reduced but that's only a start. I was really surprised at the amount of money that the gubment owes itself....they have robbed programs like social security and Medicare and this is a huge problem because as the country ages more and more money is needed from those programs that have been gutted by our elected officials.
It sure doesn't help giving money to illegals in forms of free healthcare or financial aid and the welfare program is riddled with waste and corruption.
It's scary and it may be a huge clue into why both parties talk about things but are afraid to actually do anything in fear of cutting its own throat.[/QUOTE]
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I don't believe any candidate has the fortitude to do what it takes to attain a sustainable balanced budget because it might be political suicide for him/her and their respective party... I don't believe the budget can be balanced by cutting cost only and our country remain the country we have today.... Nobody wants to raise taxes because it cost votes to do so but I don't believe there is another answer and yes, there doesn't seem to be enough allowances contained in the part of the budget that we want to blame for our budget woes to make a big difference.
[QUOTE=DJD;535340]I am the first to say I don't know everything and I decided to look the national debt up and it's scary. I decided to look up what some say may help cut the debt down and I was amazed at what I read. The areas I always considered to be a major area of waste really doesn't amount to much at all in the scheme of things. Foreign Aid..IMO was a place to reduce the national debt but man it's a small contributor. Yes it can be reduced but that's only a start. I was really surprised at the amount of money that the gubment owes itself....they have robbed programs like social security and Medicare and this is a huge problem because as the country ages more and more money is needed from those programs that have been gutted by our elected officials.
It sure doesn't help giving money to illegals in forms of free healthcare or financial aid and the welfare program is riddled with waste and corruption.
It's scary and it may be a huge clue into why both parties talk about things but are afraid to actually do anything in fear of cutting its own throat.[/QUOTE]
There was a very simple plan floated a few years ago that would balance the budget in 10 years.
1). Freeze all growth in every single budgeted item. Every budget item has a 3-5% COLA adjustment included in the overall cost. FREEZE that.....
2). Cut EVERY budget item by 1% a year for 10 years.
AT the end of 10 years, you will have ZERO deficit, and will be paying about 500 billion /year on the debt.
This is close to what I'm talking about:
[url]http://www.onecentsolution.org/the-one-cent-solution/[/url]
Later,
Geo
[QUOTE=GeoFisher;535368]There was a very simple plan floated a few years ago that would balance the budget in 10 years.
1). Freeze all growth in every single budgeted item. Every budget item has a 3-5% COLA adjustment included in the overall cost. FREEZE that.....
2). Cut EVERY budget item by 1% a year for 10 years.
AT the end of 10 years, you will have ZERO deficit, and will be paying about 500 billion /year on the debt.
This is close to what I'm talking about:
[URL]http://www.onecentsolution.org/the-one-cent-solution/[/URL]
Later,
Geo[/QUOTE]
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Solutions are easy to those who don't depend on government programs for their existence...
[QUOTE=Hlleonard;535359]--
Debt when Ronald Reagan took office...... 0.848 T
Debt when Ronald Reagan left office...... 2.698 T
Debt when George Bush Sr. took office...... 2.698 T
Debt when George Bush Sr. left office...... 4.188 T
Debt when George Bush jr. took office...... 5.728 T
Debt when George Bush jr. left office...... 10.627 T
You do the math.[/QUOTE]
The current debt is 17.5+ billion dollars, so it took Obama only 6 years to add basically as much debt as the presidents from 1988-2008 combined. Is that correct?
[QUOTE=psprowler;535385]The current debt is 17.5+ billion dollars, so it took Obama only 6 years to add basically as much debt as the presidents from 1988-2008 combined. Is that correct?[/QUOTE]
No, it's 17.5+ Trillion with a big T.
[QUOTE=psprowler;535385]The current debt is 17.5+ billion dollars, so it took Obama only 6 years to add basically as much debt as the presidents from 1988-2008 combined. Is that correct?[/QUOTE]
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yes, that is about right... You won't get me to defend the present president but he is neither the first nor the worst... Hard liners like to use numbers to crucify obama with because that is the only way they they can make him sound worse than Reagan or Bush11... The truth is Reagan. Nearly trippled the debt and Bush11 nearly doubled it... Unless the debt goes to 20 trillion he will not catch Bush11 and it will have to reach 25 trillion or so for him to catch Reagan so you go ahead a use numbers, thats the only way you can put this fool ahead of the two fore mentioned idiots.
[QUOTE=Hlleonard;535387]--
yes, that is about right... You won't get me to defend the present president but he is neither the first nor the worst... Hard liners like to use numbers to crucify obama with because that is the only way they they can make him sound worse than Reagan or Bush11... The truth is Reagan. Nearly trippled the debt and Bush11 nearly doubled it... Unless the debt goes to 20 trillion he will not catch Bush11 and it will have to reach 25 trillion or so for him to catch Reagan so you go ahead a use numbers, thats the only way you can put this fool ahead of the two fore mentioned idiots.[/QUOTE]
When you say Reagan tripled the debt he raised it 2 trillion in 8 years compared to 7.5 trillion in 6 years.
[QUOTE=roadrunner;535388]When you say Reagan tripled the debt he raised it 2 trillion in 8 years compared to 7.5 trillion in 6 years.[/QUOTE]
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See how well using straight numbers works for the right.. I dont believe Reagan added quite 2 T to the debt but considering he started with .8 T.