Gulo Blue
Well-known member
- Joined
- Oct 4, 2013
- Messages
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then how did Obama manage to double the national debt?
If this is an honest question, look up the deficit history.
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Get Startedthen how did Obama manage to double the national debt?
some economists - morons like Nobel Prize winners Joe Stiglitz and Paul Krugman. There are plenty of economists who know this is utter nonsense.
I saw someone post some of these on twitter, but I thought they were caricatures of Seuss' comics, not his actual works.
They seem to be leftist though... (right?) According to Wikipedia, "America First!" has been a slogan of nativist/white supremacy groups throughout American history. I am confused. I can see those might not be appropriate for a children's book, but as editorial cartoons... they land close to the truth.
I don't get the Kangaroo one; communists and facists are on opposite ends of the ideological spectrum... unless he's lumping them all together as extremists or something.
Many economists. Not just those two.
If this is an honest question, look up the deficit history.
I'm aware of the history, maybe you should take a look at deficits and control of congress and maybe scratch just a tiny bit below the surface to see why Obama was able to "reduce" the deficit and still double the national debt. Perhaps it had something do with a "one time" bailout spending package of $900B from the 2008 recession...but hey, he reduced the deficit by basically keeping spending right where Bush had it. Amazing fiscal responsibility - good job Dems!
I know, which is why I said "like..." indicating they were just two examples. I chose them because they're two of the most prominent morons - as far as I know, they're the only two with nobel prizes, so far.
While we're at it, tell me more about how the Bush tax cuts rolled out over time. And let's keep going back to look at another couple decades of deficits.
So you don't have an explanation
he reduced the deficit by getting elected in 2008 after which he kept spending right where Bush had it
You're a big fan of modern monetary theory, I take it.
You kind of have to choose. If you want to look at this the way you've been looking at it, then we'd have to give Obama credit for three years of low taxes too.
No you don't. That's complete nonsense.
Where's the steepest stretch of spending cutting on that chart?
Well, it is complete nonsense. I do think that.
it sorta depends on where refi rates are relative to my current mortgage.
... - morons like Nobel Prize winners Joe Stiglitz and Paul Krugman. .
I couldn't care less how other countries spend their money or how we spend money relative to them, particularly since many of them don't spend money on their militaries because they know we do and we'll keep them safe.
Over 60% of the budget goes to entitlement spending vs 15% for the military - it's not military spending that's keeping us from fixing bridges.
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