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Us Debt

Posted Nov 9, '12 at 9:00pm

xXxDAPRO89xXx

xXxDAPRO89xXx

3,934 posts

Ever since Obama has taken office the debt has only risen :P Here's a picture from a few minutes ago:

http://img27.imageshack.us/img27/5166/5261b90798fb48329ff00f3.png

Not saying Obama STARTED the debt but he has only added :P We're all doomed... Opinions?

 

Posted Nov 9, '12 at 9:05pm

Freakenstein

Freakenstein

8,150 posts

Moderator

Every president except Clinton has been in office where the debt increased.

 

Posted Nov 9, '12 at 9:08pm

partydevil

partydevil

5,097 posts

Ever since Obama has taken office the debt has only risen
====
nothing on the us debt clock indecades this statement

here is a good source.
it will tell you the opposite of your statement.

http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

===============
(where are the buttons to quote and link? a bug or is it a temporary change so we finally get a edit button?)

 

Posted Nov 9, '12 at 9:21pm

partydevil

partydevil

5,097 posts

my bad. your statement is different from the usual "obama increased the debt more then bush did"

but still, the debt clock doesn't show something obama specific.

 

Posted Nov 9, '12 at 9:33pm

Jacen96

Jacen96

2,224 posts

@partydevil, the debt clock has a little feature where it takes you back to this moment in 2004 and 2008 and 2000, and when I looked I discovered that Obama did in one term what took Bush two terms.

~~~Darth Caedus

 

Posted Nov 9, '12 at 9:50pm

Freakenstein

Freakenstein

8,150 posts

Moderator

when I looked I discovered that Obama did in one term what took Bush two terms.

You're misunderstanding what The Clock reveals. Obama started the term with 15.9% increase after the Bush Administration, right? Each successive term under the Obama administration has decreased the debt rate. You can see the first term having 15.1% of an increase, then 13.9%, then a sharp decline to 7.8% and 4.8%.

It would be hilariously awesome if you went one year and sharply brought the debt down seven percentage points.

So the point is that it's not that Obama "did" that in one term so much as he was brought into it.

 

Posted Nov 9, '12 at 9:57pm

partydevil

partydevil

5,097 posts

and when I looked I discovered that Obama did in one term what took Bush two terms.
=========
1. he didn't.
2. more inportend is the trend it is going. wich is all green for obama and all red for bush.
at this rate obama will start lowering the debt in 3 year.
just check the link i gave. ty.

and plz. dont vote in another republican over 4 year that will massively increase the debt again.
the 2 bushes have put the country in the state it is today. why are you to blind to see that?

=======
about that function in the debt clock:
the debt clock didn't exist back then. i don't think those numbers are accurate. (neither for the future)
even the debt of today is doubtful, but it gets the benefit of the doubt.

 

Posted Nov 9, '12 at 11:15pm

Jacen96

Jacen96

2,224 posts

even your link says that obama raised the debt in 1 term what bush did in 2 terms.

Also, the argument that Obama will save the country if he continues his policies.  You should consider the fact that in his first term, Obama had the incentive of the possibility of reelection, since that is no longer possible, whats to keep him from benefiting people like himself (politicians and other millionaires)?

~~~Darth Caedus

 

Posted Nov 9, '12 at 11:53pm

Freakenstein

Freakenstein

8,150 posts

Moderator

whats to keep him from benefiting people like himself (politicians and other millionaires)?

We face this problem with any president/Congressman/Representative we elect. Once they are in office, whatever happens is out of our hands.

even your link says that obama raised the debt in 1 term what bush did in 2 terms.

See my first reply.

 

Posted Nov 9, '12 at 11:58pm

partydevil

partydevil

5,097 posts

even your link says that obama raised the debt in 1 term what bush did in 2 terms.
=====
count again plz.
--------

You should consider the fact that in his first term, Obama had the incentive of the possibility of reelection, since that is no longer possible, whats to keep him from benefiting people like himself (politicians and other millionaires)?
======
pffff thats only if you want to see that...
give me 1 good reason to consider this possibility.

but even then, look back in history, who are the big spenders? and listen to romney how he would benefit the rich over the shoulders of the middle class. how he wants to spend more and more. (digging the same holes as from befor 2009. while the old holes hasn't been filled yet.)
anyway your just speculating now, i can't take that reason seriously.

 
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