Republican small government!!?

[MoreCoffee]

Last year under the Republican house, senate, and president the USA's government budgetary debt increased by 1.3 trillion dollars.
<sarcasm>
Good going!

Well Done Republicans.

What prize winning debt increases you make.

Way to go!
</sarcasm>

https://www.youtube.com/watch?v=_xKTde7-m_c

 

[tango]

Sadly both sides of the house seem determined to increase the debt.

I wish Republicans would return to the concept of small government and fiscal responsibility. It always used to be said that if a conservative didn't like something he didn't do it while if a liberal didn't like something he didn't want anyone else doing it either. And then came gay marriage and the concept broke.

If government spent more time getting out of the way we would probably all be better off. But the welfare state (both personal and commercial) soaks up ever-more cash, as does the military in preparing to fight an enemy that isn't there any more.

 

[Albion]

It's true. The debt increases that the Republicans allowed pale in comparison to those that the Democrats approved during the Obama years--and much of the GOPs increases were because of the need to put the military back on a sound footing--but still, they probably should have held the line better than they did.

 

[MoreCoffee]

It's true. The debt increases that the Republicans allowed pale in comparison to those that the Democrats approved during the Obama years--and much of the GOPs increases were because of the need to put the military back on a sound footing--but still, they probably should have held the line better than they did.

pure fabrication

:smirk:

 

[tango]

pure fabrication

:smirk:

Wow. What an awesome rebuttal.

 

[MoreCoffee]

pure fabrication

:smirk:

Wow. What an awesome rebuttal.

https://www.forbes.com/sites/chuckj...-than-reagan-h-w-bush-or-w-bush/#37d5f9b91917

Republicans use a sound bite that the federal debt doubled under Obama. In looking at the numbers that is close to being numerically correct but falls short of being 100%. However when you take into account the Great Recession, making W. Bush’s temporary tax cuts permanent, increased Social Security and Medicare spending as more Baby Boomers retire and become 65 years old and the Afghanistan and Iraq wars he inherited the story is quite different. There are multiple databases that have dollar amounts of the Federal debt. While they have different numbers they are overall close to each other and essentially show the same dollar changes over the years. I am using information from the Federal Reserve of St. Louis.

Impact from the Great Recession
According to the U.S National Bureau of Economic Research, the Great Recession started in December 2007 and ended in June 2009. President Barack Obama was sworn in on January 20, 2009, so it had already started before he entered office.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.
Fiscal 2007: $161 billion (next to last year of Bush’s second term)
Fiscal 2008: $459 billion (beginning impact from the Great Recession)
Fiscal 2009: $1.4 trillion (Obama’s first year and in the teeth of the Recession)
Fiscal 2010: $1.3 trillion
Fiscal 2011: $1.3 trillion
Fiscal 2012: $1.1 trillion
Fiscal 2013: $680 billion
Fiscal 2014: $485 billion
Fiscal 2015: $438 billion
Fiscal 2016: $587 billion
Fiscal 2017: $666 billion (Trump’s first year of his Presidency)
...​

 

[Josiah]

It's true. The debt increases that the Republicans allowed pale in comparison to those that the Democrats approved during the Obama years--and much of the GOPs increases were because of the need to put the military back on a sound footing--but still, they probably should have held the line better than they did.

... what he said.

 

[Albion]

https://www.forbes.com/sites/chuckj...-than-reagan-h-w-bush-or-w-bush/#37d5f9b91917

Republicans use a sound bite that the federal debt doubled under Obama. In looking at the numbers that is close to being numerically correct but falls short of being 100%. However when you take into account the Great Recession, making W. Bush’s temporary tax cuts permanent, increased Social Security and Medicare spending as more Baby Boomers retire and become 65 years old and the Afghanistan and Iraq wars he inherited the story is quite different. There are multiple databases that have dollar amounts of the Federal debt. While they have different numbers they are overall close to each other and essentially show the same dollar changes over the years. I am using information from the Federal Reserve of St. Louis.

Impact from the Great Recession
According to the U.S National Bureau of Economic Research, the Great Recession started in December 2007 and ended in June 2009. President Barack Obama was sworn in on January 20, 2009, so it had already started before he entered office.

The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.
Fiscal 2007: $161 billion (next to last year of Bush’s second term)
Fiscal 2008: $459 billion (beginning impact from the Great Recession)
Fiscal 2009: $1.4 trillion (Obama’s first year and in the teeth of the Recession)
Fiscal 2010: $1.3 trillion
Fiscal 2011: $1.3 trillion
Fiscal 2012: $1.1 trillion
Fiscal 2013: $680 billion
Fiscal 2014: $485 billion
Fiscal 2015: $438 billion
Fiscal 2016: $587 billion
Fiscal 2017: $666 billion (Trump’s first year of his Presidency)
...​

$1.4 trillion looks like more than $666 billion, doesn't it?

:smirk:

 

[MoreCoffee]

$1.4 trillion looks like more than $666 billion, doesn't it?

:smirk:

only for people who don't know it's the end of 2018 and 1.3 trillion is the debt for 2018. Of course, folk who don't pay attention to the news miss stuff, eh?

 

[Albion]

only for people who don't know it's the end of 2018 and 1.3 trillion is the debt for 2018. Of course, folk who don't pay attention to the news miss stuff, eh?

Apparently you did, yes.

Now, if a fuller explanation is needed (for the benefit of readers who are not trolls), you started a thread purely in order to savage the president of the United States whom you have no business criticizing anyway, being a subject of a foreign government. The point of the attack was to say that he took the budget too much into debt (or some other variant of that Democrat Party talking point).

But the facts do not support the claim. First, he has economized in ways that his predecessors going back many years never did. His immediate successor, whom he is always compared with, oversaw an increase in the national debt by an amount that exceeds that of all previous presidents combined.

And second, you attempted to justify that predecessor's deficits by saying there was a recession. Yet it is well-known that much of that money was wasted. There were no shovel ready projects after all--and that was Obama's own admission after having said that this is why those appropriations were needed. And Cash for Clunkers? Who forgets that boondoggle which did no good, either? Worse, the recession was not ended by any of this. Obama oversaw the longest recession is American history.

To compare Trump's first year and a half in office with the spendthrift policies of the Obama years...and try to make Trump look more profligate than his predecessor is either hypocrisy or blind partisanship. A 'trick with numbers' might be the better way of putting it, since you provided the chart for us to see.

At the very least, it must be admitted that the spending Trump did on restoring the military--which was badly needed after the Obama years--was not thrown away like the shovel ready building projects that never existed and were never done (and were mainly intended to put money into the pocket of organized Labor as the president's thanks to the AFL-CIO for its hard work in getting him elected in 2008).

 

[MoreCoffee]

Apparently you did, yes.

:smirk:

Such an articulate response.

chortle