Quote:
Originally Posted by TheDoc
As pointed out many times now Obama has not spent 3 trillion dollars. You and nobody here can show were Obama himself spent 3 trillion dollars. BTW, I want to see what he spent it on, not an article saying he spent it. I know were the 3-t came from, and it wasn't Obama that did it.
The 400b Obama has spent with the stimulus on the eco/job growth, state funded things, teachers, police, fire, etc - yes, it greatly helped and is without question. Did it sky rocket/change, turn us completely around. No - but it damn sure helped in other areas.
No, he wants to raise the taxes because it didn't spark economic growth, it increased the deficit, and years and years and years of wars has to be paid for, just like when the tax rate was 88% or whatever. Be glad though he isn't increasing taxes, just removing a tax break that didn't work.
The tax rate in 1963 was 91% in 75 it was 70% in 93-2000 it was 39%. I would say 39% seems to be a pretty damn good to me, yes..
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yeah we did pretty good in 93-2000, but we had a balanced budget for most of that thanx to the contract to America
Too bad Barry doesn't do history
As far as what Barry has spent, please tell me how the federal deficit is now
US Federal Deficit As Percent Of GDP
Fiscal Years 2000 to 2010
GDP in Billion Federal Deficit -fed pct GDP
2000 9951.5 -2.37
2001 10286.2 -1.25
2002 10642.3 1.48
2003 11142.1 3.39
2004 11867.8 3.48
2005 12638.4 2.52
2006 13398.9 1.85
2007 14077.6 1.14
2008 14441.4 3.18
2009 14258.2 9.91
2010 14623.9 10.64
Source;
http://www.usgovernmentspending.com/...cit_chart.html
BTW, calling it raiseing the taxes or just not extending them, what's really the difference? They are going to pay more
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that