Thread: Are we better off than we were 2 years ago?
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Old 05-08-2011, 11:17 AM  
Vendzilla
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Quote:
Originally Posted by charlie g View Post
This is wrong. The public debt has grown every year since the great depression. As a percentage of GDP Reagan took us from 33% to just over 50%...but Reagan resided over the greatest expansion of GDP of any modern president, so his budget shortfalls are hidden to a degree. Clinton still had growing budget deficits but the rate of deficit spending shrank during the majority of his presidency. And actually GW continued this trend until 911. Obama in his 2 years has taken us from 69% to 92.8%. If you dont find this alarming you should.

I know he stood no chance, but I wonder "what if" Ron Paul had been elected what the world would look like today? I hope obama can get things back on course soon.

http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&ViewSeries=NO&Java=n o&Request3Place=N&3Place=N&FromView=YES&Freq=Year& FirstYear=1976&LastYear=2011&3Place=N&AllYearsChk= YES&Update=Update&JavaBox=no#Mid
http://www.treasurydirect.gov/govt/r...ebt_histo5.htm
Ronnie stopped the Cold War by spending a lot of money and getting the oil prices to drop bankrupting the USSR because thats how they made their money. He borrowed a lot, but we got something for it, still waiting to see what we got for the debt Barry ran up.
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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