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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (8814)2/9/2012 7:10:12 PM
From: Steve Lokness1 Recommendation  Read Replies (1) | Respond to of 85487
 
<<<<<Debt as a percentage of GDP has skyrocketed!>>>>>

Great, lets look at your chart. Debt climbs and CLIMB under reagan and the first Bush - deny it, I dare you! And then the debt under the Clinton years declines - deny it, I dare you! And then after first leveling off under Bush (and please keep in mind the screaming housing bubble) it turns towards the heavens again. Deny that, I dare you! Now remembering the mess Obama inherited and remembering you can't turn an economy on or off on a dime, that impact from Obama may be say 75% range to 87% in 2021. Heck that's in another 9 years for gawds sake! ........NOW that's NOT good I will admit, but it is dealing with the past inherited mess that put us to where we are today.

For the sake of honesty - look at the numbers you have posted!!!!!