Google "Federal Debt by President" and take a look at the CBS news article from March that comes up. Proves what I'm saying.
I dont think theres any question the debt has gone up, however i think there are circumstances to why that happened out of his control. Sure he could have done a few things differently here and there but a lot of that is party lines which most Conservatives wont agree with whether it worked or not. always at least two ways to do anything, imo.
Although our debt went up so has our gross domestic product. Since the growth of our debt has slowed (since the huge spike at the end of Bush/beginning of Obama, aka the recession) maybe we can now start working towards lowering that % and paying it back so its more comparable to other presidents terms. keep in mind since 1976 (at least) no president besides Clinton has even had the debt decrease, which is what happens when you ignore it. at least now were committed as a country to pay it off. Whether Obamas plan works or not is still to be seen.
Our GDP is up??? Since when?
my point is as we continue to bring in more and more and the debt slowing like it is, theoretically well eventually be able to start paying it off again. Assuming things continue to track the way they are.
ince Obama loves his presidential decress so much(more so then all other presidents combined) why not impose a major one on Congress... one I would agree with.
COngress shall not recess, nor receive a penny of federal taxpayer money(supplies or paychecks) until a balanced budget has been produced and agreed upon, signed into law.
I mean really, these guys need to be shut in a room wihtout anything until they can do the same simple thing that people around the country do every month.... balance their checkbook.
Would certainly put the service back in Public Service. And there is no way congress would ever agree to such a measure, so might as well use his dictatorial powers, errr ummm.... ya
This is more accurate.
is that inflation adjusted? And by inflation adjusted I DO NOT mean using hte current governmental defined inflation figure, but one that is based on reality. If not, 2% isn't even keeping up with real world inflation.
The reason the House flipped in 2010 is because people wanted to stop what was going on. It's also why they kept the house now. A buffer to hopefully keep Obama from finishing off what he started.
Also, HR man you were dead on about the whole damn thing. I thought the debates were enough when they swung the polls in Romney's direction. But you were absolutely right that Romney should have fought back long before the convention. He allowed the Democrats, Obama, and the lapdog media to define him through complete lies and demagoguery.
The Republican party on the whole also never got behind him. Republican leadership in the House and Senate hardly uttered a word of support for Romney. Ohio Gov. Kasich should have been all over the media airwaves pushing Ohio for him. And during Hurricane Sandy while everyone was focused on Chris Christie getting used by Obama for nothing but a Presidental-looking photo op, the Republicans were silent.
And then the polls. Rasmussen was so wrong on Party ID, and you were right about the state polls. The electorate was exactly what it was in 2008, and it looks like 2010 was just an anomaly.
So, I'm man enough to admit I had this all wrong. In my heart, I thought high unemployment, high gas prices, debt and credit downgrades, and everything that happened in Libya and Syria would be enough to move the country back to the right. But the welfare state won. Obamaphones won. Vaginas over jobs won (and I know someone who actually told me they knew they would be financially worse off in 4 years and didn't care). The "give me free stuff" crowd won.
I take zero pride in being right but kudos to you for owning it. I could tell you we're invested in this more than some folks.
Takes balls, my friend.
I love the quote that conservatives can stop pretending they like Romney.
Ill go as far to say that it likely happens again and mid terms.
you can put your own spin on it, but if youre going to quote a source you cant discredit it at the same time. bottom line is GDP is growing, all 3 sources say that.Quote:
The ideal growth rate is between 2-3%. This is fast enough to provide enough jobs but not so fast it will create inflation.