welcome to the outcome of corruption in our our liberal gulag.....
Jan 27, 2016 10:29:56 #
No wonder Chiraq is a war zone.....47% of 20 to 24 year old black males are out of school and out of work. The number increases when they add in 18 and 19 yr olds.
This is the natural outcome of the liberal corruption that has been the policy here for +40 years. Now, the leaders here are shocked.......shocked, I tell you.....to find that segregation, poverty high crime rates, and more shootings than Iraq are the norm!
So, managed despair via bad economic policy, lack of responsibility, nonsensical regulations, corrupt elections and tax policies developed by idiots and criminals creates negative outcomes, including extraordinarily high crime and violence.
Whodda thunk it!
This is the natural outcome of the liberal corruption that has been the policy here for +40 years. Now, the leaders here are shocked.......shocked, I tell you.....to find that segregation, poverty high crime rates, and more shootings than Iraq are the norm!
So, managed despair via bad economic policy, lack of responsibility, nonsensical regulations, corrupt elections and tax policies developed by idiots and criminals creates negative outcomes, including extraordinarily high crime and violence.
Whodda thunk it!
Jan 27, 2016 10:35:00 #
Jan 27, 2016 10:46:59 #
ole sarg
Loc: south florida
I think the Bush tax cuts failed and the only thing that trickled down was some millionaire pissing on your leg!
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Jan 27, 2016 10:55:29 #
All the worst cities have been under democrat control for decades.
Clinton's internet IPO bubble burst just as Bush was taking office.
Obama's "shovel ready job" billions went to Unions and other special interest benefactors.
Clinton's internet IPO bubble burst just as Bush was taking office.
Obama's "shovel ready job" billions went to Unions and other special interest benefactors.
Jan 27, 2016 11:21:06 #
ole sarg
Loc: south florida
Like a typical right winger little thought but much bumper sticker response!
http://www.politifact.com/truth-o-meter/statements/2015/nov/10/rand-paul/debate-rand-paul-says-income-inequality-worse-citi/
President Bush, you will recall, inherited a budget surplus (the first in decades). Then, hit with a recession, he took the budget into deficit. Then he cut taxes, growing the deficit to $400 billion a year. Then, the economy boomed between 2005 and 2008, reducing the deficit to $200 billion a year. Then, the financial crisis hit, and the Bush deficit ballooned to $400 billion again.
In early 2009, President Obama took over, amid the worst recession since the Great Depression. President Obama signed an $800 billion spending increase at the same time that GDP and tax collections tanked. The combination of these two factors--growth in spending and a drop in revenue--exploded the deficit to $1.4 trillion. In 2010, the economy and tax collections improved modestly, and the deficit shrank to $1.3 trillion annualized.
US Federal Budget Deficit 2000-2011
St. Louis Fed
So, what actually caused these deficits?
The chart below provides a look at federal receipts (taxes) and spending during the same period. (The deficit is the difference between them).
Republicans howl that President Obama has exploded the size of federal government spending in his short tenure as President, and it is true that he has increased it. But President Bush actually increased federal spending by more than 2X as much as Obama has. So it is unfair to lay the explosion in spending at the feet of President Obama: Both presidents are responsible.
The increase in government spending, meanwhile, is actually NOT the only factor that has caused the deficit. The other factor--equally if not more important--is the fall-off in government revenue (tax receipts).
This second and larger factor can be blamed on two things: First, the Bush tax cuts, which reduced revenue, and, second, the weak economy, which has reduced the incomes and capital gains upon which most federal taxes are based.
In the chart below, you can see what happened to both federal receipts (red line) and spending (blue line) over the past decade.
President Bush cut taxes in 2001 and 2003. These tax cuts hit federal revenue, while federal spending growth continued apace. This combination ballooned the deficit in the early years of the Bush presidency.
By the middle years of the Bush presidency, however, on the strength of the housing boom and strong economic growth (much of which now looks like a debt-fueled mirage), federal revenues began to grow rapidly. By 2007, in fact, the gap had almost closed.
But then the bottom fell out. The housing bubble burst, the financial crisis hit, and the economy plunged into recession. And then President Bush handed President Obama the worst recession in more than 70 years and left Obama to clean up the mess.
This recession clobbered federal revenues (tax receipts--red line), which still have not regained their 2007 bubble highs. President Obama's stimulus, meanwhile, helped add about $600 billion to federal spending (blue line). The combination of these two factors ballooned the deficit from $400 billion when President Bush left office to ~$1.3 trillion now.
US Federal Receipts And Expenditures 2000-2011
St. Louis Fed
to see graphs see:
http://www.businessinsider.com/us-budget-deficit-2011-7
Regarding the stimulus try reading instead of listening to no nothings!
http://www.thefiscaltimes.com/Articles/2012/02/21/Obamas-Stimulus-Plan-What-Worked-What-Didnt
https://www.economy.com/dismal/analysis/datapoints/249244
In short, you really don't know what you are talking about but your comments do illustrate your ignorance!
http://www.politifact.com/truth-o-meter/statements/2015/nov/10/rand-paul/debate-rand-paul-says-income-inequality-worse-citi/
President Bush, you will recall, inherited a budget surplus (the first in decades). Then, hit with a recession, he took the budget into deficit. Then he cut taxes, growing the deficit to $400 billion a year. Then, the economy boomed between 2005 and 2008, reducing the deficit to $200 billion a year. Then, the financial crisis hit, and the Bush deficit ballooned to $400 billion again.
In early 2009, President Obama took over, amid the worst recession since the Great Depression. President Obama signed an $800 billion spending increase at the same time that GDP and tax collections tanked. The combination of these two factors--growth in spending and a drop in revenue--exploded the deficit to $1.4 trillion. In 2010, the economy and tax collections improved modestly, and the deficit shrank to $1.3 trillion annualized.
US Federal Budget Deficit 2000-2011
St. Louis Fed
So, what actually caused these deficits?
The chart below provides a look at federal receipts (taxes) and spending during the same period. (The deficit is the difference between them).
Republicans howl that President Obama has exploded the size of federal government spending in his short tenure as President, and it is true that he has increased it. But President Bush actually increased federal spending by more than 2X as much as Obama has. So it is unfair to lay the explosion in spending at the feet of President Obama: Both presidents are responsible.
The increase in government spending, meanwhile, is actually NOT the only factor that has caused the deficit. The other factor--equally if not more important--is the fall-off in government revenue (tax receipts).
This second and larger factor can be blamed on two things: First, the Bush tax cuts, which reduced revenue, and, second, the weak economy, which has reduced the incomes and capital gains upon which most federal taxes are based.
In the chart below, you can see what happened to both federal receipts (red line) and spending (blue line) over the past decade.
President Bush cut taxes in 2001 and 2003. These tax cuts hit federal revenue, while federal spending growth continued apace. This combination ballooned the deficit in the early years of the Bush presidency.
By the middle years of the Bush presidency, however, on the strength of the housing boom and strong economic growth (much of which now looks like a debt-fueled mirage), federal revenues began to grow rapidly. By 2007, in fact, the gap had almost closed.
But then the bottom fell out. The housing bubble burst, the financial crisis hit, and the economy plunged into recession. And then President Bush handed President Obama the worst recession in more than 70 years and left Obama to clean up the mess.
This recession clobbered federal revenues (tax receipts--red line), which still have not regained their 2007 bubble highs. President Obama's stimulus, meanwhile, helped add about $600 billion to federal spending (blue line). The combination of these two factors ballooned the deficit from $400 billion when President Bush left office to ~$1.3 trillion now.
US Federal Receipts And Expenditures 2000-2011
St. Louis Fed
to see graphs see:
http://www.businessinsider.com/us-budget-deficit-2011-7
Regarding the stimulus try reading instead of listening to no nothings!
http://www.thefiscaltimes.com/Articles/2012/02/21/Obamas-Stimulus-Plan-What-Worked-What-Didnt
https://www.economy.com/dismal/analysis/datapoints/249244
In short, you really don't know what you are talking about but your comments do illustrate your ignorance!
moonhawk wrote:
All the worst cities have been under democrat control for decades.
Clinton's internet IPO bubble burst just as Bush was taking office.
Obama's "shovel ready job" billions went to Unions and other special interest benefactors.
Clinton's internet IPO bubble burst just as Bush was taking office.
Obama's "shovel ready job" billions went to Unions and other special interest benefactors.
Jan 27, 2016 11:25:37 #
ole sarg wrote:
I think the Bush tax cuts failed and the only thing that trickled down was some millionaire pissing on your leg!
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Did you add the 9/11 created fears and the war expenses (which both parties voted for) into your calculations?
Didn't think so.
Jan 27, 2016 11:37:56 #
jaymatt wrote:
Another reason not to travel north to the Wind City.
Amen to that. I advise everyone I encounter not to come here until they fix it.
Jan 27, 2016 11:40:24 #
ole sarg wrote:
I think the Bush tax cuts failed and the only thing that trickled down was some millionaire pissing on your leg!
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Look at the economic outcomes under Clinton and then under Bush! Look at the adverse economic impact of the GOP controlled house and senate because of their obstinacy to the infrastructure improvements proposed by the OBama administration.
In short, the decline can clearly be laid on your doorstep and not on liberal policies!
Hypocrite
Sarge, you blind old man........come here to Chiraq, bro, and "feel" the corruption! It has nothing to do with Bush, tax cuts, etc. and everything to do with political corruption and the FACT that Chiraq has been run by liberals for well over 40 years (more like +60 years).
Do some research, bro, and quit relying on your Bush Derangement Syndrome for every response!
Jan 27, 2016 11:42:33 #
Rich1939 wrote:
Did you add the 9/11 created fears and the war expenses (which both parties voted for) into your calculations?
Didn't think so.
Didn't think so.
Come on.....do you really think sarge can calculate? He is marginally capable of blaming everything in Bush......deficits, disease, the fall of Pompeiii. You name it. He's the perfect liberal tool (emphasis on tool).
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