Obama Doesn't Remember How Big the Debt Is

It’s so cute the way you guys pretend not to be the way you are by making fun of the way you are. :smiley:

Funny how most anti-Obama folk didn’t consider it a spending problem to them, either. At least not until January, 2009. Okay, some of them started saying it in November, 2008. Either way, it wasn’t a spending problem before that magical date. Odd, that is.

Actually, it’s not a tax problem or a spending problem. Deficits don’t matter.

Well bully for you. Obama did it and now you can sleep well knowing that this thread is now on these boards.

I’d still like one of the righties to explain how they still think Obama is spending us out of control, even though the Heritage Foundation shows us otherwise, as evidenced by this link I’m quoting below. It would appear to my eyes that under Obama we’ve actually leveled things off after a decade of rapidly-rising spending that was orchestrated by a Republican president, who also, incidentally, squandered the only budget surplus our country has seen in decades.

No, what’s cute that “us guys” actually have a candidate/president worth liking, and you make fun of us for it. Jealous much?

He gave a cogent explanation of how the debt works, what it means, and what should be done about it, but he couldn’t remember a number off the topic of his head? This man can’t be president- especially since he doesn’t embrace the Republican about how the country is going to turn into Greece any second because we’re owned by China and we need to PANIC and gut all our spending without regard to the economy nownownow!

Ah yes, the old “I bet you’d be a hypocrite” argument. Never fails. No, wait- never succeeds. I seem to recall a Republican winning re-election some years ago after his VP said “Reagan proved deficits don’t matter” (and they governed like they believed it).

Rabbit season!

Spending season!

The time frame in which the economy (and gov’t revenues) remains depressed.

Low interest rates and large deficits are both products of the Recession. When interest rates rise, deficits will shrink. Rather rapidly, according to CBO projections.

We’re the wealthiest country in history. We’ll only default if we choose to do so.

Take a look at the graph that was linked to upthread. Notice that the U.S. government, largely helmed by Democratic congresses, has spent more than it’s taken in going back at least to 1965 (it actually goes back decades further but the graph only goes back that that far). Note that the only period in which revenues were greater than spending was in the wake of the Republican Revolution of the mid-nineties. Consider also that wars are by their very nature expensive and that your assessment that the funds spent paying for them were “squandered” is a political opinion, not a fact. Consider also that the relatively sharp increase in spending during the Bush administration is considerably less sharp than the increase in spending during the Obama administration.

Not in the slightest. You like Obama because you’re simpatico with his redistributionist, collectivist mentality. That’s fine, you’re entitled as we all are to your political beliefs. We, on the other hand, believe that fealty to a nanny state govenment which punishes accomplishment and takes from those who earn to give to those who don’t, which tells us what kind of health care we can have and how much of it, and which increasingly regulates the minutiae of our lives - from what kind of light bulbs and toilets we can use to the size of our soft drinks and access to salt in restaurants (all of which are only the beginning) - limits freedom and happiness and subjects us all to what amounts to lifelong parental oversight and largesse. Being told what to do and how to do it by a government entity against which you have no recourse is no way to go through life, and so naturally those of us on the right are inclined to dislike your president for working to subject us to that way of life. C’est la vie!

PK, what is your total debt load? Can you tell me right off hand? Are you going to give me the total amount owed, or the total amount you will pay (including interest)?

If you don’t know this # exactly, perhaps you need to tend to your own knitting.

Hmm. I have the same health care plan I had four years ago. I get all the salt I want at every restaurant I go to (the have small bottles with holes on top on the table. One of those usually contains “salt.”) I have voluntarily switched to LED lighting in my home, but I still can buy the old fashioned light bulbs in every store I go to. I can buy cases and cases of the soft drink of my choice without government’s permission. Other than trying to stop me from smoking pot, I have no beef with our President. As for “punishing accomplishment,” I don’t understand your complaint. I feel greatly rewarded for my accomplishments, and am grateful everyday.

Time and nostalgia have put an unwarranted shine on your memories of bizarre rants past?

Boy, do I remember well the reminders from right-wingers that Bush was MY President, too. Pubbie Presidents are everyone’s Presidents, but Dem POTUSes deserve no respect? Sounds right to me.:rolleyes:

It’s very similar to the thinking that says huge deficits incurred under Republicans are okay-ish but deficits run up by Democrats are intolerable.

You know why that is? It’s because Republicans regard their deficits as temporary and made necessary by extraordinary circumstances, and they tend to believe that their deficits will be reduced as soon as circumstances permit, generally through reductions in spending.

Democrat deficits on the other hand, tend to be part of a permanent effort to increase government spending, and if all goes well they will never be reduced by a reduction in spending but only by an increase in taxes.

It’s a matter of philosophy, you see.

I’m sure you vcan name at least one Republican president who ran a temporary deficit then paid it back, right?

Did Fox News accidentally put a (D) next to Michael Bloomberg’s name?

IMO, Bloomberg is an R in letter only. Probably because he knew it would enhance his electiblity in the wake of Giuliani’s successful turn as mayor.

But the salt thing is only an example. Moves are afoot all over the country to use goverment to force its versions of healthy diet and lifestyle upon the citizenry, and it will get worse by orders of magnitude the more that government becomes involved in supervising and/or paying for our health care.

You’re doing the Rove thing. You know, accusing your opponent of having your biggest problem.

What temporary situation was served by the Bush Tax Cuts? What temporary situation was served by Medicare Part D?

Show me the budgetary surpluses that have occurred during the Republican administrations of the past 40 years.

What were the “extraordinary circumstances” that lead to a ballooning of the deficit during the Bush years?

Of course. I mean, you can’t even get a steak in Britain, right?