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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (545035)	1/20/2010 11:27:05 AM
From: i-node	7 Recommendations Read Replies (1) \| Respond to of 1575564

>> Interpret them as you will. The only way to interpret it is that you totally have your head up Obama's ass.

To: RetiredNow who wrote (545035)	1/20/2010 11:52:53 AM
From: Tenchusatsu	7 Recommendations Read Replies (1) \| Respond to of 1575564

Mindmeld, I hear that 75% of the debt was created while Democrats had control of Congress. Those are the facts. Interpret them as you will ... Tenchusatsu

To: RetiredNow who wrote (545035)	1/20/2010 12:36:43 PM
From: TimF	2 Recommendations Read Replies (1) \| Respond to of 1575564

When you do the Pareto Analysis, you'll find that 2 or 3 things cause 80% of the variation That's not universal, and is not true in this case. The variation in debt since 1981, has many more reasons than 2 or 3, quite a few of them go back to before 1981. 92.5% of the entire $12.1 Trillion in debt now on the books was created during the time since Reagan took office. True. But presenting the same data over and over again while ignoring any arguments about its importance or relevance is the real example of being obtuse. The fact that 92.5% of the debt was created since then, doesn't mean 92.5% of the responsibility for the debt is on presidents since Reagan took office. 1 - Congress passes the spending bills. The majority of that debt was the result of budgets passed by congress's that where controlled by Democrats. 2 - The majority of spending is on entitlements, and the majority of those where created before Reagan took office. Also if you want to suggest that because over ninety percent of the debt was created since 81, and 69% of the total debt (75%*92.5% is about 69%) was created by budgets that where signed by 3 Republican presidents imples that Republicans are less fiscally conservative then Democrats then your argument is very faulty, because of the two reasons laid out above and also because 1 - The largest US federal deficits, as a percentage of GDP, in our whole history where the result of budgets created by a Democratic president and congress. The 2nd highest ever (or at least since WWI, I don't have pre-WWII data) are also the result of Democratic control. The third highest (again as a percentage of GDP), where under Reagan a Republic president, but the Republicans never controlled congress under Reagan, and also these deficits where significantly smaller than the first two. 2 - When Republicans where running large deficits under Reagan and Bush II, the Democrats where calling for more spending. 3 - Deficits are not the sole measure of fiscal responsibility. Tax and spend isn't fiscally responsible either.