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Thread: Election Day 2012 Thread
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11-07-2012, 02:11 PM #241Legendary RSR Poster
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Re: Election Day 2012 Thread
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.
http://www.skymachines.com/US-Nation...ental-Term.htm-JAB
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Re: Election Day 2012 Thread
Our GDP is up??? Since when?
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Re: Election Day 2012 Thread
Since the collapse at least, or generally since forever.
http://www.google.com/publicdata/exp...hl=en&q=us+gdp
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.-JAB
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11-07-2012, 02:58 PM #247
Re: Election Day 2012 Thread
as long as spending is cut as well, you are correct.
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
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Re: Election Day 2012 Thread
-JAB
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Re: Election Day 2012 Thread
This is more accurate.
http://useconomy.about.com/od/econom...statistics.htm
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11-07-2012, 03:51 PM #250Legendary RSR Poster
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