Ok, so his TOTAL debt in EIGHT YEARS was 2.5 times. Obama's nearly caught him after SIX MONTHS in office - oh, and the economy's getting WORSE. Good luck with that.Foss - I can give you Reagan's debt easily - in today's dollars - 2.89 Trillion dollars (actual - 1.604 trillion then if you go to this site - they have an 'inflation' calculator...
I was bringing up the point with military spending that it also helped turn around the economy - it gave rise to a large military machine that was pumping money into the economy. No different than Clinton's road projects. The military spending helped the economy. It always does, for any president.
Oh, Reagan started out at $997,855,000,000.00 in 1981 and it went to $2,602,337,712,041.16 in 1988 - over 2.5 times... a larger multiplier than Obama's projected 2 times
Ah, Foss - if you look at your chart - it shows that at the end of 2019 the debt will have doubled from 2008 - actually 11 years - not the EIGHT YEARS that you so effectively put in all caps...Ok, so his TOTAL debt in EIGHT YEARS was 2.5 times. Obama's nearly caught him after SIX MONTHS in office - oh, and the economy's getting WORSE. Good luck with that.
Where are you coming up with this assertion? I'm not necessarily denying it, but I want to see the specific policies you refer to because many of them have indeed been the direct opposite of what he promised, which just proves my point.
My chart comes from the OMB. Take it up with them.Oh, foss – the US debt as of 8/08 was 10.025 Trillion dollars - your chart looks a bit off... but whatever...
So, Obama will raise the debt (magically because for 2018 and 2019 he won't be in office) to 12.5 trillion - so he will add 2.5 Trillion to the debt... But, if you look at the chart - in 2017 it looks to be about 11.8 Trillion - so down to about 1.8 trillion added to the debt he was handed...
Over 30% less than Reagan did in comparable dollars... In fact only .2 Trillion more in actual dollars...
Foss - I can give you Reagan's debt easily - in today's dollars - 2.89 Trillion dollars (actual - 1.604 trillion then if you go to this site - they have an 'inflation' calculator...
I was bringing up the point with military spending that it also helped turn around the economy - it gave rise to a large military machine that was pumping money into the economy. No different than Clinton's road projects. The military spending helped the economy. It always does, for any president.
Oh, Reagan started out at $997,855,000,000.00 in 1981 and it went to $2,602,337,712,041.16 in 1988 - over 2.5 times... a larger multiplier than Obama's projected 2 times
So, Obama will be responsible for all debt from 2008 - 2019, even though he can only hold office from 2009 - 2017... Unlike Reagan who was only responsible for EIGHT YEARS
Just so everyone knows, foxpaws has a history of distorting Reagan's record on this forum.
How so, when she's providing links for the numbers? Seems if you have a problem, it's with her source, not her. Care to discredit the source with a source of your own?
Just so everyone knows, foxpaws has a history of distorting Reagan's record on this forum. Fossten has already shown her here to be comparing apples to oranges in comparing the total debt of Reagan's two terms to the total debt after Obama's first six months, which dishonestly makes Reagan's numbers look closer to Obama's then they actually were.
She is bringing up the "military spending helping the economy" point that has already been countered in this forum before and shown to be a specious point, and she knows it.
This is a rather blatant attempt to mischaracterize Fossten's point and the point the chart is making.
These habits are why it is a waste of time to discuss anything political with her; she mischaracterizes, ignores key points and generally doesn't converse in good faith. There is no chance of an honest discussion when someone is acting like that.
You know what numbers that the Heritage Foundation uses - they use only debt held by the public - they do not include the debt held by inter governmental agencies - something that everyone includes... go to any site that deals with the debt and they combine the numbers...
Fox, you're such an ignorant, lying propagandist. The numbers I posted were from the OMB. You've failed to move me off my point, which is that Obama has raised our debt higher than Reagan did in eight years, no matter how you try to spin it. Deal with it.Well, if foss would post actual numbers regarding Obama's debt maybe we would have something to talk about ... all I get is innuendo...
Because I point out that Foss has yet to post numbers regarding the nations debt over the last 5 months...
You know what numbers that the Heritage Foundation uses - they use only debt held by the public - they do not include the debt held by inter governmental agencies - something that everyone includes... go to any site that deals with the debt and they combine the numbers...
So, why do they use numbers that almost no one uses...
Public debt end of January 2009 - $6.317 trillion
Public debt end of May 2009 - $7.019 trillion
One word is all you need to pay attention to.Obama's debt - projected - in 6 months - .8 trillion 2009 dollars
One word is all you need to pay attention to.
And you know that one word has been spun to put the most positive light on that number.
That one word is all you need to know in this argument.
All projected numbers are always inflated. I look at 3-4 business plans a month and the only ones we will even consider are ones that don't have inflated 'projected' figures. So I would even question Heritage's numbers.Bryan - those are Heritage's 'projected' numbers (disseminated from OMB) - I don't think they are going to be putting the most 'positive' light on any of Obama's numbers...
I would be interested in you attempting to put a positive light on them, instead of trying to smear Reagan, an obvious red herring.Bryan - those are Heritage's 'projected' numbers (disseminated from OMB) - I don't think they are going to be putting the most 'positive' light on any of Obama's numbers...
I would be interested in you attempting to put a positive light on them, instead of trying to smear Reagan, an obvious red herring.
Really? I didn't know that Bush served 8 terms.I was using Regan's numbers as historical perspective - not a red herring...
The right cries "The sky is falling" with Obama's projected debt numbers - but, gloss over Reagan's. Heck should we also look at GWBush, that will certainly shed some additional light on how the debt has increased over the last 30 years.