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moose65

(3,463 posts)

7. Uh... no

Reply to LaydeeBug (Reply #5)

Tue Aug 23, 2016, 11:10 AM

Aug 2016

As stated in other comments, the current debt is NOT 21 trillion - it's 19 trillion. And "he" didn't do it all single-handedly anyway. The results of the recession were the cause of a lot of the debt at the beginning of his first term. Bush's last budget was actually the first budget that ever had a $1 trillion deficit - a mess that he left for Obama to try to clean up. But he can't do it all by himself. Ever since the Repubs took back the House in 2011, it has been like pulling teeth to get anything done.

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Need some help re. Obama and the debt clock... [View all] LaydeeBug Aug 2016 OP

First.... Honest.Dem Aug 2016 #1

First off, you are looking at the 2020 projection as if it were today Thor_MN Aug 2016 #2

In addition to this post by Thor, Mc Mike Aug 2016 #9

thank you for this. LaydeeBug Aug 2016 #11

Watch those numbers, fiscal year. Mc Mike Aug 2016 #12

I'm not sure how much help you will get on that one. CentralMass Aug 2016 #3

We live in a debt based economy... N_E_1 for Tennis Aug 2016 #4

I am starting to wonder why I bother. The response: LaydeeBug Aug 2016 #5

Uh... no moose65 Aug 2016 #7

The answer to your question is in Thor's post 2, and my post 9 response. Mc Mike Aug 2016 #10

a better metric to show would be the current annual deficit versus GDP lakeguy Aug 2016 #6

Another metric would be revenue and spending vs GDP CentralMass Aug 2016 #8

Claim is true, unfortunately. Yo_Mama Aug 2016 #13

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