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originally posted by: Southern Guardian
a reply to: Deetermined
You going to answer my question or continue deflecting to specific details in the OP? It's an old and tired tactic.
If you're looking for me to admit that spending is too high, sure it is.
That's your response? So what are you going to contribute in order to remedy that? Vote for another Democrat?
Out of the last 18 years, only one party's president doubled our debt and we know which one you support.
I wonder if he'll give that thing on his head its own bedroom in the whitehouse? But on a serious note he doesn't stand a chance in the 2016 elections or any presidential elections. Surely he realizes this? Is he trying to get back into the media spotlight? Me thinks this is the case:
www.abovetopsecret.com...
originally posted by: Southern Guardian
a reply to: Deetermined
Out of the last 18 years, only one party's president doubled our debt and we know which one you support.
More deflection I see.
I believe both parties are responsible for the debt we're in today. Clearly this is not where you stand given you wish to highlight Democrats and Democrats alone. Take into mind as well, we've had a Republican majority congress for 12 out of those 18 years.
originally posted by: Southern Guardian
a reply to: highvein
You want to address the OP?
Do you agree that the we've wasted tax payer money on the military?
Do you agree it's an issue that needs to be address?
originally posted by: Southern Guardian
a reply to: Deetermined
That's your response? So what are you going to contribute in order to remedy that? Vote for another Democrat?
You're the one bringing partisanship into this. The OP acknowledged this issue spanning over 18 years which would have to include both parties.
With regards to your question of what we do about it? What's your answer to the the bloated welfare system? I trust that same answer applies to the bloated military budget.
originally posted by: Deetermined
a reply to: Southern Guardian
Out of the last 18 years, only one party's president doubled our debt and we know which one you support.
originally posted by: ScepticScot
originally posted by: Deetermined
a reply to: Southern Guardian
Out of the last 18 years, only one party's president doubled our debt and we know which one you support.
You are correct only one did in the last 18 years. G W Bush.
President Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his deficits were $6.690 trillion. Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add the $787 billion economic stimulus package to Bush’s FY 2009 budget. This added $253 billion to the FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.
In 2010, the Obama tax cut added $858 billion to the debt in its first two years. Obama increased defense spending, adding as much as $800 billion a year. Federal income decreased due to lower tax receipts from the 2008 financial crisis.
Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged. In 2010, Obama launched the Patient Protection and Affordable Care Act. It sought to reduce health care spending. This reduction would lower the debt by $143 billion by 2020. In total, $983 billion was added to the national debt under Obama.
President George W. Bush
President Bush is next, racking up $3.293 trillion over two terms. He responded to the 9/11 attacks with the War on Terror. That raised military spending to $600 billion a year. The Bush tax cuts, also known as the Economic Growth and Tax Relief Reconciliation Act and Jobs and Growth Tax Relief Reconciliation Act, cut taxes to address the 2001 recession. Unfortunately, the cuts did not sunset when the recession was over. That worsened the housing boom and depleted revenues during the 2008 recession.
He attacked the 2008 financial crisis with the $700 billion bailout. Congress added the bailout to the mandatory budget. There it became the Troubled Asset Relief Program.