The Clinton Surplus Myth...

And remain unrefuted.

 

You mean Bush, yet he vetoed several of of the spending bills sent to him, but he was out numbered and could be overridden or else the Democrats could do as they have for the last 3 years and just let the increases go in automatically.

What don't you understand, those were Pelosi/Reid budgets with Bush's submissions DOA and not even voted on in committee.

 

Not only did he sign it as President, Senator Obama supported and voted for that Democrat budget which he owns.

OH but that is irrelevant isn't it.

 

You are evidently "reading challenged," as I never mentioned FY 2000. Perhaps you mentioned FY 2000 in order to tell liberal lie and deflect blame away from obama.

The most horrific deficit in the history of the USA, FY 2009, $1,412,700,000,000.00 Was passed by a Democrat controlled Senate and a Democrat controlled House. That spending was rejected by Bush and he informed the Democrats that if they sent it to his office, he would veto it. AFTER Bush left office the spending was approved by the sitting president, obama, who was also a sitting Senator when the insane spending was conjured up by the Democrats.

You may make all the excuses you wish. You may tell all the lies you wish. As every obama campaign ad is a lie. But the facts remain. Senator b.o. was a party to making the Democrat insane budget and president b.o. the buffoon, approved the insane Democrat spending. Bush was not a part of it. He, as is required, submitted a budget to the Democrat controlled Congress in early calender 2008, which the Democrats rejected in its entirety. FY 2009 and its follow on TRILLION PLUS dollar deficits and the increase in the national debt of $5.3 TRILLION IS completely the responsibility of insane Democrat spending. And now we know, COMPLETELY wasted spending.

 

My girlfriend and I have a surplus. Unfortunately, we also have a heap of credit debt. It's the same with Clintons surplus. Bush inherited something like a five trillion dollar debt. So how could there really be a surplus? I guess it means we were making the minimum payments to keep the lions at bay. But I don't think it actually affected the principle or money owed. Yes/no?

What I don't understand is that if all our lender nations are suffering, how can they afford to lend us so many trillions of dollars? That's an unfathomable amount of money, really.

 

No, I mentioned it to correct your statement.

The most horrific deficit in the history of the USA, FY 2009, $1,412,700,000,000.00 Was passed by a Democrat controlled Senate and a Democrat controlled House. That spending was rejected by Bush and he informed the Democrats that if they sent it to his office, he would veto it. AFTER Bush left office the spending was approved by the sitting president, obama, who was also a sitting Senator when the insane spending was conjured up by the Democrats.

You may make all the excuses you wish. You may tell all the lies you wish. As every obama campaign ad is a lie. But the facts remain. Senator b.o. was a party to making the Democrat insane budget and president b.o. the buffoon, approved the insane Democrat spending. Bush was not a part of it. He, as is required, submitted a budget to the Democrat controlled Congress in early calender 2008, which the Democrats rejected in its entirety. FY 2009 and its follow on TRILLION PLUS dollar deficits and the increase in the national debt of $5.3 TRILLION IS completely the responsibility of insane Democrat spending. And now we know, COMPLETELY wasted spending.[/QUOTE]

Obama inherited a trillion + deficit and the worst recession in 80 years from the prior Republican administation with the same policies as Romney. But no matter,



Say it bleatingly.[/QUOTE

 

There could be a surplus because a surplus is not a measure of debt. That is a fallacy promoted by right wing propaganda. A surplus is a measure of whether you income (revenues) exceed expenses (outlays).

 

How do poverty, internet, and TV fit in the same sentence? Why did you leave out logo clothes, $300 sneakers, and cell phones? Have you been anywhere else on the planet and seen REAL poverty? There are millions of people that would gladly, with joyful tears in their eyes, trade their situation for food, internet, TV, and taxes!

I doubt that REAL poverty is more than a half of one percent in the USA.

 

He believes that is irrelevant.

 

I think it is very relevant. As is the fact that the deficit was already headed for over a trillion dollars before Obama sat down in the Oval Office.

 

It is the difference between a budget, an income statement, and a balance of accounts.

And it wasn't CLINTON's surpluses, he opposed the tax rate cuts and welfare reform that created them.

 

No you told me it is irrelevant that he was a full member of the Senate his party controlled and that he supported and voted for those trillion dollar deficits. Are you really ignorant of the fact that Obama did not first arrive in DC when he moved into the Oval Office?

 

Sure they were. It was CLINTON'S tax increase that flooded the Treasury with additional revenues, that, even accounting for the effects of GDP, grew *far* faster than they did under Reagan or Bush. It was CLINTON who had the lowest level of spending increases of any modern president, save Obama.

Surely you are not trying to give credit to the Republicans, are you? We saw what they did with the budget as soon as they got one of their own selected to the White House. A surplus squandered, and $5 trillion more in additional debt.

 

Irrelevant.

 

Sure they were. It was CLINTON'S tax increase that flooded the Treasury with additional revenues, that, even accounting for the effects of GDP, grew *far* faster than they did under Reagan or Bush. It was CLINTON who had the lowest level of spending increases of any modern president, save Obama.

Surely you are not trying to give credit to the Republicans, are you? We saw what they did with the budget as soon as they got one of their own selected to the White House. A surplus squandered, and $5 trillion more in additional debt.

 

A false assertion I can't count the times I have refuted. The treasury was already being flooded with revenues for two years before Clinton was elected as we were in a strong recovery period. In fact we were on a strong growth curve heading for double digit revenue increases. Clinton's tax rate increase slowed that revenue growth down to 7%. As he admitted he raised taxes too much and at the time took heat for slowing down the recovery.

Are you including the higher GDP growth that occurred after he was forced to sign the Gingrich/Kaisch tax rate cuts? Surely you don't give him credit for that higher growth?

It was Clinton who requested higher spending than the Congress authorized so why do you give him the credit?

So you DO blame Bush for the results of the 2000 slowdown, even though he was not in the Federal Government at the time but a Governor of a state, that resulted in the 2001 recession that began within weeks of his taking office?

Tell me had Gore won the election are you asserting the recession would not have occurred along with the resulting loss of revenues?

So do you also blame Obama for the results of the 2009/2010 recession when he WAS in the Federal Government and vote for and supported those Budgets?

Let me guess, you will declare it irrelevant.

 

You've never refuted it once.

Those tax cuts were in place when the economy slowed down in 2001-03. Surely you're not cherry picking and excluding those years.

Yep. Those stingy Republicans. We saw what deficit hawks they were when Bush was selected into office. They almost spent as much as Reagan did.

False presumption, but nope.

False presumption, but nope.

Nope.

It is, but nope.

 

I didn't pay attention to the dates.

But how about this;

Barack Obama Voted In Favor Of The Democrats' FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning As Little As $31,850.


Obama Voted Twice In Favor Of The Democrats' FY 2009 Budget Resolution. (S. Con. Res. 70, CQ Vote #85, Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea)

 

Barack Obama Voted In Favor Of The Democrats' FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning As Little As $31,850.


Obama Voted Twice In Favor Of The Democrats' FY 2009 Budget Resolution. (S. Con. Res. 70, CQ Vote #85, Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea).

 

No, he knows that it is 100% relevant, but he will do or say anything to deflect blame away from liberals and on to Bush. EXACTLY the same as EVERY obama campaign ad, his or his PAC's, LIES about Romney. The entire premise of the left today is PURE LIE. They will do and say anything to stay in power. Whatever havoc they reek upon the USA is fine as long as they retain power.


obamaTAX steals $700 billion from Medicare and deny that it is a fact. b.o. claims he has strengthened Medicare and all he did was take Medicare Advantage plans away from poor people. They claim Romney's plan will end Medicare, and that is a lie. The voucher plan is ONE option for the Medicare program which the Medicare Trustees state will FAIL by 2032. In 2011 it was scheduled for failure in 2037, and already that is down to 2032. Yet the liberals have put forth not a single suggestion to fix the problem and LIE about Romney and Ryan that had the BALLS to offer some suggestions. Only an idiot or an ideological idiot would EVER think that one suggestion was THE FIX. R/R offer a starting point. Liberals lie hysterically and crap their pants. The left has become a pitiful group of avowed liars without a thought of integrity or morals.

 

Barack Obama Voted In Favor Of The Democrats' FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning As Little As $31,850.


Obama Voted Twice In Favor Of The Democrats' FY 2009 Budget Resolution. (S. Con. Res. 70, CQ Vote #85, Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea).

 

http://budget.house.gov/news/documentsingle.aspx?DocumentID=252305