So did "Sleepy" make Kevin McCarthy bark like a dog?

Obama paid for his spending.

 

Now for the facts.  obama increased the defitcit signiifcantlyl

 

Using Treasury Department data, the total public debt, which includes intragovernmental holdings and public debt, increased by approximately $7.8 trillion from the start of Trump’s presidency on Jan. 20, 2017, to when he left office on Jan. 19, 2021. Under Obama, however, the public debt increased by about $9.3 trillion from when he was inaugurated on Jan. 20, 2009, to when he left office on Jan. 19, 2017.

 

 

The primary reason the credit of the United States is the anchor for the world's financial system is that we will pay our bills no matter what.

 

The chinese are trying to change that & then what happens.

 

consider the incredible services you get when you put a stamp on an envelope and drop it in a mailbox.

 

The post office loses billions per year.  Who mails letters anymore?  My bill statements & payments are all paid electronically.  The only mail I get is junk mail

Edited on May 31, 2023 12:21pm

OOOOOOH! it's all the fault of THEM HEATHEN CHINEE!!!

 

And yo, stupid Tommie-poo: GUMMINT A'SPENDIN' is what keeps the USPS operational and its prices low.

 

Stupid Tommie-poo.

Now for Tom being full of shit !    He plays the same game he always does with Obama's numbers by including W's last year of budgeting which was spent during Obama's first year in office.    And that was caused by the massive spending to dig out of the Republican Banking collapse and the unpaid Iraq war that Tom supported.

 

But Obama's spending growth was nothing compared to the Republicans on either side of his term - both of which hypocrite Tom voted for twice (each).

 

Graph literate people know the truth

 

 

CBO Report: Spending Blasts Off | Downsizing the Federal Government

Edited on May 31, 2023 11:44am

You said obama's costs were paid for.  I merely pointed that was not correct


Originally posted by: PJ Stroh

Now for Tom being full of shit !    He plays the same game he always does with Obama's numbers by including W's last year of budgeting which was spent during Obama's first year in office.    And that was caused by the massive spending to dig out of the Republican Banking collapse and the unpaid Iraq war that Tom supported.

 

But Obama's spending growth was nothing compared to the Republicans on either side of his term - both of which hypocrite Tom voted for twice (each).

 

Graph literate people know the truth

 

 

CBO Report: Spending Blasts Off | Downsizing the Federal Government


What is going on in 22/24/26/28 in this graph?  Looks like 50% increase over '20.

Originally posted by: Jerry Ice 33

What is going on in 22/24/26/28 in this graph?  Looks like 50% increase over '20.


   PJ the graph maker screwed up - notice, he never has a link to his graphs

Originally posted by: tom

You said obama's costs were paid for.  I merely pointed that was not correct


Wrong.  I said OBAMACARE was paid for.  It was.   

 

So lets remiond everyone.  Trump did not replace Obamacare.   He kept all of its spending while getting rid of the individual mandat and tax on healthcare devices.   And you and all the other Republicans supported that deficit bomb.

 

So when people like you and Boilerman bitch about the finances of Obamacare  its good to remember history - Obama's, Trump's, and most importantly - yours.

With the government losing hundreds of billions per year, Obamacare was not paid for. 

Originally posted by: tom

With the government losing hundreds of billions per year, Obamacare was not paid for. 


The Iraq War and Bush tax cuts werent Obama's fault nor that of his healthcare legislation.     But they sure ran up a nice deficit into his term - one that Obama shrank not added too.   


What a shame we had fiscal hypocrites and their cheeleaders in the electing public who elected them prior...and since.    Like Tom.

It  has been shown repeatedly that tax revenues went up when the taxes were cut, but the usual suspects refuse to believe it.

 

Iraq war ended in 2011, but spending continued to go up.

 

The baseline for government spending should be 2019, pre- pandemic.  There is no reason why spending shouldn't based on that level

Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now