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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (44551)	11/10/2017 5:05:37 PM
From: Alex MG	Respond to of 360557

Total fecal matter... but that's what you're known for If you want to just go by when each administration took office here's the figures below But it doesn't take into account that Obama inherited a total fucking mess, economy wise, and as anyone who is HONEST knows that each president inherits a budget already set in stone... Obama not only inherited an economic mess/imploding economy but also huge wars and war spending that were already SET IN STONE At least you admit Bush Jr was a total disaster... But Trump is making the Brush Clearer look like a mensa, comparatively speaking Ronald Reagan: Took office January 1981. Total debt: $848 billion Left office January 1989. Total debt: $2,698 billion Percent change in total debt: +218% George H.W. Bush: Took office January 1989. Total debt: $2,698 billion Left office 20 January 1993. Total debt: $4,188 billion Percent change in total debt: +55% Bill Clinton: Took office 20 January 1993. Total debt: $4,188 billion Left office 20 January 2001. Total debt: $5,728 billion Percent change in total debt: +37% George W. Bush: Took office 20 January 2001. Total debt: $5,728 billion Left office 20 January 2009. Total debt: $10,627 billion Percent change in total debt: +86% Barack Obama: Took office 20 January 2009. Total debt: $10,627 billion Total debt (as of the end of April 2011): $14,288 billion Percent change in total debt: +34% All presidents come into office with policies and budgets that were put into place by their predecessors in the White House and Congress, and they all pass the same along to their successors when they leave office. Therefore, determining how much of the change in debt that occurs during a given president’s administration is actually the result of his actions (rather than the consequence of factors over which he had little or no influence) would require a much more complex analysis than the one presented here.

To: RetiredNow who wrote (44551)	11/10/2017 5:09:14 PM
From: neolib	Read Replies (2) \| Respond to of 360557

There are two fatal flaws in your analysis: 1) The debt from each previous President is serviced by all subsequent ones. So a significant amount of Obama's debt is really attributed to the former Presidents. The same will be true for Trump and all who come afterwards. 2) On the jobs side you need to look at private vs public sector jobs. That becomes part of the deficit legacy of each President as well. See this link: calculatedriskblog.com Obama was the standout on the latter (not necessarily through any fault of his own of course...)

To: RetiredNow who wrote (44551)	11/10/2017 10:41:15 PM
From: i-node	Read Replies (1) \| Respond to of 360557

>> The biggest loser was Bush Jr Pretty much agree it's your entire post. But in the case of Bush, the crises he had to deal with we're far more difficult for the most part.

To: RetiredNow who wrote (44551)	11/11/2017 9:28:57 AM
From: zzpat	Read Replies (1) \| Respond to of 360557

Let's put this into some sort of perspective. We didn't have a debt problem until Reagan cut taxes and exploded the debt. He and Bush promised to balance the budget. They failed miserably. Since this is "their" issue there's nothing you can say that can excuse their failure. Suggesting that Obama was worse than them when Obama never promised to balance the budget is another lie. You lie and you defend liars. I will not let that stand. Bush last budget, the first one under Obama had a deficit of $1.4 trillion. That was more debt than all the presidents from Washington through the first years of Reagan combined. That was Bush's last budget. The collapsed economy caused the debt to explode as revenue dropped from massive unemployment and the government spent money to stop a global depression. Comparing that period to any other time is simply idiotic to the Nth degree. Your argument is very weak since a) you don't hold republicans accountable for their broken promises regarding balancing the budget and 2) you blame Democrats for the military spending, wars and tax cuts republican presidents asked for. So let's do this as simple as possible. When Reagan wanted a $1 trillion increase in military spending he should have asked Congress for one trillion dollars in taxes to pay for it. Same with Bush's wars. When he spent trillions on wars, he was obligated to raise taxes to pay for them. He and Reagan asked Congress to cut taxes instead. Your failure to address these issues proves you're unqualified to discuss this issue. Employment next: President Obama created about 3x more jobs than Bush 43 and Bush 41 combined and he did it without a single vote from republicans to help him. Democrats worked with Reagan and Bush. Republican exposed their underbelly and showed us they're unamerican and racists after the economy collapsed.