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


To: RMF who wrote (969851)10/4/2016 3:10:22 AM
From: Broken_Clock  Respond to of 1577890
 
tell OBanker

Debt is at 20T now

and OBanker made the Bush tax cuts permanent



To: RMF who wrote (969851)10/4/2016 12:22:19 PM
From: i-node  Read Replies (1) | Respond to of 1577890
 
>> The National Debt rose from $4 Trillion to $8 Trillion during the Bush Administration.

More like 5 to 10 but your point is taken, it doubled.

Well, is going to double again under Obama -- 10 to 20.

The reason is systemic and nothing has been done about it. The only difference here is that Obama's increased like that with essentially no interest being charged. And the forecast for the future by CBO puts the deficits at twice what they are now if we don't get some growth back.

>> build the bubble in the housing market that eventually caused the CRASH.

The crash was caused by the CRA.