| Guest |
12-15-2015 06:26 AM |
Quote:
Posted by Guest
(Post 1158831)
The graph that I put up showed that Obama hasn't increased spending more than the past four presidents combined. Spending and increasing national debt are two different things. There was no mention of increasing national debt in the post that I responded too. Obama's spending practices are not out of control as shown by the graph.
Concerning doubling the national debt, we have spin that bottle many times here. Presidents do not have control of the economy. They have little affect on the economy, because they can't force businesses to do anything.
Obama has instituted several programs that have increased the national debt, but these programs are not the cause of doubling the national debt. The ACA, and extending unemployment to 99 weeks are two. I have never blamed "W" for the great recession, but the great recession, and production jobs leaving the country had a lot to do with the increase of national debt under Obama.
The blame game for the increase in national debt just doesn't fly. The Republican candidates for president income tax reform are based upon a large increase in GNP. If this increase in the GNP doesn't happen, the national debt will skyrocket, because tax collections will go down.
Concerning Obama's legacy, doubling the national debt won't be held against him to the extent Republicans think. The bigger problem against him will be the extremes both parties have taken during his presidency. Whether he is to be blamed for this only time will tell.
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It's amazing when one submits actual facts and figures to support one's comment and then there are the one's that insist that it's someone else's fault. I gave you actual figures, even giving Obama the benefit of relieving him of any responsibility to the spending prior to the first fiscal year ending in his term, and yet every year his administration manages to spend a trillion bucks, and it is still Bush's fault or some other excuse...but never Obama's responsibility.
Well, I submitted facts and liberals submit innuendo. Reasons aside, the national debt will have DOUBLED under Obama's reign. Liberals can make all the excuses they wish, but facts can't be denied.
In my opinion, the largest mistake Bush made was changing the tax requirements for those at the lower half of the income level. Now, because of that and the Dems exploiting that action, we have the 47 percent of those that pay little to no taxes having their vote being bought by the liberals/socialists. As much as I respect Bush, I hold that against him. That is hard to undo. So, instead of liberals attempting to cut spending, they insist on raising taxes on those that already pay an unconstitutional amount. And I say it is illegal because the law says that no one can be discriminated and treated differently, and the wealthy are being punished for their success, while the lazy or unproductive are given a free pass. And I blame Bush for that too. Obama is just another socialist that is attempting to exploit the situation.
I am not going to give Obama a free pass on the economy. Other presidents have had depressions and recessions and did not take so long to get the economy back up to acceptable levels. Obama did everything he could to stagnate our economy, purposely trying to hinder production and punishing employers with restricting shackles, some even declared illegal by the Supreme Court.
Obama will have doubled the national debt by the time he leaves the White House, and that can not be denied, even by blaming someone else. The facts are there, regardless of how one wishes to explain them. |
