Quote:
Originally Posted by TheDoc
The flaw has nothing to do with who is in power... it has to show bleed over from other administrations. Like Daddy Bush removed a major tax break, so tax revenue dropped while spending kept going up - while it was already going up from Reagan - so Daddy Bush's numbers look twice as bad as they really are.... sound's like something going on today.
Or like under Clinton, the GOP had 100% nothing to do with it, they spent money, a growing amount, both did. The reason it looked so good was we took in more tax revenue from the economic boom - which neither Clinton nor the GOP created.
Under the current admin, once you remove the bleed over spending from Bush that Obama had to dish out because Congress already signed trillions in bailouts... Obama's actual amount he directly created & spent is rater low, and dropping... If he actually ends the war, we'll move into a surplus numbers where tax dollars coming in are higher than money going out.
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Quote:
Originally Posted by GregE
The economy was circling the toilet bowl when Bush Jr. checked out.
It's not exactly fair to compare Obama's subsequent emergency spending to the spending that preceded him.
But don't let that stop you  |
Yeah, it's Bushes fault, that's the rally cry of the Democrats for 2012!!
The chart wasn't about the economy people, it was about the spending of the presidents.
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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