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01-10-2011, 4:55pm | #21 | ||||||
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01-10-2011, 4:57pm | #22 | ||||||
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01-10-2011, 5:09pm | #23 | ||||||
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01-10-2011, 5:11pm | #24 | |||||||
Barn Stall Owner #15
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Furthermore, the graph is clearly LABELED with "Whitehouse estimate" and "CBO estimate." R-E-A-D-I-N-G is fundamental. |
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01-10-2011, 5:15pm | #25 | |||||||
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Congress never would have had the opportunity to approve the 09 spending had the Bush not submitted the budget. The graph is bullshit written to make democrats look like the party thats out of control with the spending. The reality is both parties are guilty. |
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01-10-2011, 5:17pm | #26 | ||||||
Banned
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I've been down this road many times with _Will over on CFPR&C ... busted him many a time for posting *chopp'd graphs* ... but let'em talk ...
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01-10-2011, 5:23pm | #27 | ||||||||
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It is a FACT that Clinton fought against the balanced budget. It is a FACT that after they got out of control, the Republican Congress peaked it's horrible deficit spending at over $40 Billion in 2004 at the height of TWO wars and had it back down to around $160 Billion in their final budget, before democrats took back congress and reversed the trend. We were on a path to the budgets the Republicans produced in the mid 1990s, but sadly that never happened given the change in leadership. Finally, we have all continually blamed Bush for his role. He deserves it. But the reality is he was the worst culprit of the party that is the least guilty of out of control spending. It is also a FACT that Democrat social welfare programs are almost entirely responsible for deficit spending. Obama's record deficit producing budget with a 1.5 trillion deficit can all be traced to around 1.2 trillion in shortfalls between medicare/social security expenditures and the taxes that fund them, and our interest expense on debt. The military spending (higher than any year under Bush) and all other discretionary spending is actually right in line with the tax revenue collected that funds discretionary spending. |
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01-10-2011, 5:24pm | #28 | ||||||
Barn Stall Owner #15
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01-10-2011, 5:27pm | #29 | ||||||
Barn Stall Owner #15
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Individual, Corporate Income Taxes, other taxes that fund discretionary spending ~ $1.4 Trillion in revenue. Discretionary Non defense and defense spending ~ $1.4 Trillion in costs. Result: ~Break Even Payroll Taxes ~ $935 Billion Social Security/Medicare/Medicaid ~ $2.2 Trillion Result = In the RED. |
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01-10-2011, 5:29pm | #30 | ||||||
Barn Stall Owner #15
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The trend is clear. |
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01-10-2011, 5:33pm | #31 | |||||||
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Quote:
Government Budget Forecasting: Theory and Practice - Free PDF Ebooks Downloads |
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01-10-2011, 5:36pm | #32 | |||||||
Barn Stall Owner #15
Fantasy Football Champ '11,'13,'17
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The data and information are FREE. Budget of the United States Government: Historical Tables Fiscal Year 2009 Budget of the United States Government: Historical Tables Fiscal Year 2011 |
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01-10-2011, 5:44pm | #33 | |||||||
Banned
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Quote:
... all of you on CFPR&C came unglued when I posted this ... so I knew I hit a nerve ... which I liked ... |
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01-10-2011, 5:50pm | #34 | |||||||
Barn Stall Owner #15
Fantasy Football Champ '11,'13,'17
Join Date: Jan 2011
Location: Somewhere between mild insanity and complete psychosis.
Posts: 7,972
Thanks: 319
Thanked 2,447 Times in 1,241 Posts
Gameroom Barn Bucks: $1050381
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Quote:
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01-10-2011, 5:54pm | #35 | ||||||
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The reason you came unglued was because I showed how Bush *appropriated* funds to conduct wars and pay Haliburton/KBR/Blackwater/Xe etc ... which eventually blew up in our faces and about the time Bush & Cheney were making their getaway ...
I think I took a ban for that one ... (you were all in right-wing hysteria by then ...) |
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01-10-2011, 5:55pm | #36 | ||||||
Barn Stall Owner #15
Fantasy Football Champ '11,'13,'17
Join Date: Jan 2011
Location: Somewhere between mild insanity and complete psychosis.
Posts: 7,972
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Thanked 2,447 Times in 1,241 Posts
Gameroom Barn Bucks: $1050381
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Hahahahaha.
I love how you constantly remember things that never happened. Ads character. |
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