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CNS News: Debt increased by $64,000 per taxpayer under Obama

Posted: Thu Jul 12, 2012 10:45 am
by kramer
Who cares about being another $64,000 more dollars in debt when we can buy an electric can opener at Walmart for just $11.95 that easily will save us $20 dollars!

(CNSNews.com) - The national debt has now increased by more than $64,000 per federal taxpayer since Barack Obama was inaugurated president. [is that because every good paying job we send offshore results in two or more getter paying jobs being created here??]

http://cnsnews.com/news/article/64000-q ... nder-Obama

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 11:59 am
by Parrotpaul
Just bought a can opener at Walmart for $10.98. Long live Walmart.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 1:20 pm
by kramer
Parrotpaul wrote:Just bought a can opener at Walmart for $10.98. Long live Walmart.
Why? Did the other one die?

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 1:24 pm
by Parrotpaul
Gave it to my M-I-L. Her $6.95 Walmart can opener died after 12 years.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 1:30 pm
by Red
Another filthy lie from the leader of the hypocratic party is, Obamacare will cost $900 Billion. CBO says Na uh! $2.6 TRILLION. Starting labor day when the filthy liar politicals ads comes on TV, I will have attached a tab underneath:

LIAR

Image

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 3:53 pm
by Wabash
That's what's needed when one inherits a fiscal disaster.

Conservatives have yet to put forth an alternative that actually works. Austerity has been tried in several countries, only making things worse.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 4:39 pm
by kramer
Wabash wrote:That's what's needed when one inherits a fiscal disaster.
Thanks to Clinton who laid the foundation for the largest ever housing bubble in the history of the US that masked the millions of jobs we lost after he signed PNTR.
Wabash wrote:Austerity has been tried in several countries, only making things worse.
Which countries?

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 4:46 pm
by kramer
Wabash wrote: Conservatives have yet to put forth an alternative that actually works.
We had one that worked but you liberals socialized much of it and now it's broken.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Thu Jul 12, 2012 9:44 pm
by Wabash
kramer wrote:
We had one that worked but you liberals socialized much of it and now it's broken.
No they didn't. There has been no plan put forth by conservatives that has worked anywhere else.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Fri Jul 13, 2012 9:58 am
by kramer
kramer wrote:
We had one that worked but you liberals socialized much of it and now it's broken.
Wabash wrote:No they didn't.
Yes, liberals broke it with things like SS, medicare and other carrots to keep people voting for democrats. Now we are trillions in debt because of your mistakes. We've also lost millions of jobs because of the left's support for things like trade deals, environmental and business laws, and minimum wage. Republicans also played a role in breaking a working system but not nowhere nearly as bad as you dems have.

Re: CNS News: Debt increased by $64,000 per taxpayer under O

Posted: Fri Jul 13, 2012 10:19 am
by GOODave
Wabash wrote:That's what's needed when one inherits a fiscal disaster.

Conservatives have yet to put forth an alternative that actually works. Austerity has been tried in several countries, only making things worse.
See, this is what happens when you don't quote the person to whom you're responding: Red said Obama is a Liar, and you responded immediately after that "that's what's needed when one inherits a fiscal disaster."

Really? If that is the case, Obama's a shoo-in for another term because he's got that liar thing down pat.

So, anyway, thought you'd be interested in these stats (if you want to verify them, go to Google):

annualized growth in debt
  • Obama - 15.2%
  • Reagan - 14%
  • Ford - 13.3%
  • Bush 1 - 12%
  • Carter - 9.3%
  • Bush 2 8%
  • Nixon - 5.2%
  • Clinton - 4%
AND there's more to economics than just the national debt...