I'm pretty sure this guy attributed all the ARRA stimulus spending in 2009 to "Bush"...
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Originally posted by Tupac Shakur View PostThe numbers in the first two graphs are quite obviously incorrect, but it's impossible to say why since the process by which such obviously incorrect numbers were derived is not explained.
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Originally posted by OzzyKP View PostWhat is the difference between the deficit and the increase in debt? Why wouldn't those numbers be the same?
Differences between the annual total deficit and annual change in the national debt include the treatment of the surplus Social Security payroll tax revenues (which increase the debt but not the deficit), supplemental appropriations for the Iraq and Afghanistan wars, and earmarks.
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Originally posted by gribbler View PostDid you see the part of the first two graphs that says "source: budget of the united states government: historical tables fiscal year 2012" followed by "http://www.gpoaccess.gov/usbudget/fy12/index.html"?
Spoiler:* You ****ing ****.
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Originally posted by Tupac Shakur View PostYes. Knowing the source is completely unhelpful in figuring out how hundreds of billions of dollars in 2009 spending approved by Obama and a Democratic Congress got attributed to Bush, however.*
Spoiler:* You ****ing ****.
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"treatment of the surplus Social Security payroll tax revenues"
This is confusing also. Is this saying that Social Security, at the moment, is collecting more in payroll taxes than its expenses? Is this listed as a decrease in the debt that is offsetted by the other increases? Or am I not understanding what "surplus SS payroll tax revenues" means?Captain of Team Apolyton - ISDG 2012
When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah
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Originally posted by OzzyKP View PostThis is confusing also. Is this saying that Social Security, at the moment, is collecting more in payroll taxes than its expenses? Is this listed as a decrease in the debt that is offsetted by the other increases? Or am I not understanding what "surplus SS payroll tax revenues" means?
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Going by the increase in the national debt we get 4.4 trillion for the evil Bush and 3.6 trillion for Obama in just two years. Ouch.
So Obama's likely already surpassed Bush, and did so back in May.
Presidents prior to Bush - 5.6 trillion.
Bush 4.4 trillion
Obama 3.5 trillion in just two years.
Over the course of a four year Obama presidency at this rate, he would spend 7 trillion dollars. That would put him 3 trillion under the combined total of all previous presidents.
His goal should be to spend 10 trillion in deficit in 4 years or 2 and a quarter every year. Go Obama. You can do it!
Looks like he'll come in at 1.2 trillion this year too. So he's slowing down. That puts him at 4.7 trillion in 3 years. Another trillion to match every president prior to Bush in just 4 years.Last edited by Ben Kenobi; August 30, 2011, 20:46.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION!
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Originally posted by Tupac Shakur View PostThe point over "2009" is colored blue, ****.
The massive slope before it (much of which represents stimulus spending) is colored red, ****.
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Originally posted by OzzyKP View Post"treatment of the surplus Social Security payroll tax revenues"
This is confusing also. Is this saying that Social Security, at the moment, is collecting more in payroll taxes than its expenses? Is this listed as a decrease in the debt that is offsetted by the other increases? Or am I not understanding what "surplus SS payroll tax revenues" means?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
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Originally posted by gribbler View PostOh how dare they start the blue portion at the point in time when Obama actually took office. That is some sneaky sleight of hand.
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How could Obama be responsible for spending in 2008?“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by Tupac Shakur View PostStop being a ****ing moron. The graph clearly makes it look like Bush was responsible for all of that spike in spending, when a very large portion of it happened under Obama.
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