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1 members (Argo44),
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Key:
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Forums10
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Apr 29th, 2024
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Joined: Feb 2008
Posts: 11,345 Likes: 391
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,345 Likes: 391 |
Ken61, do you mind if I rub King Brown's nose in the truth once again? The filthy lying fraud once again has dumped a load of bullshit here and runs away from the proof you took the time to post to refute it. Funny part is that he thinks no-one notices. It ain't easy being a Terrible Twin. Hee hee hee! King, Since you like Forbes so much, is the real data. Even this is skewed, as the majority of the deficit spending occurred first after the Democrats regained the House in 2006, holding the budget hostage for increased spending in order to get their support for Iraq war funding, and then as a result of TARP. Where on earth do you get your information? http://www.forbes.com/sites/jamesglassma...nts-truly-rank/Here are the ratios of deficit to GDP for the past five presidents: Ronald Reagan 1981-88 4.2 % 1982-89 4.2 Average 4.2 George H. W. Bush 1989-92 4.0 1990-93 4.3 Average 4.2 Bill Clinton 1993-2000 0.8 1994-2001 0.1 Average 0.5 George W. Bush 2001-08 2.0 2002-09 3.4 Average 2.7 Barack Obama 2009-12* 9.1 2010-12 8.7 Average 8.9 *fiscal 2012 ends Sept. 30, 2012, so this figure is estimated Source: Economic Report of the President, February 2012 The results for President Bush are skewed by the 10.1 percent deficit/GDP ratio in fiscal 2009. A large chunk of spending in that year went to the Troubled Asset Relief Program, or TARP. In fiscal 2009, TARP contributed $151 billion to the budget deficit, but in 2010 and 2011, $147 billion of that amount was recouped and thus reduced the size of the deficit during President Obama’s watch. (These calculations are complicated and are laid out by the Office of Management and Budget. See http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/spec.pdf, p. 49.) As for spending itself, during the George W. Bush years (2001-08), federal outlays averaged 19.6 percent of GDP, a little less than during the Clinton years (1993-2000), at 19.8% and far below Reagan, whose outlays never dropped below 21 percent of GDP in any year and averaged 22.4%. Even factoring in the TARP year (2009), Bush’s average outlays as a proportion of the economy was 20.3 percent – far below Reagan and only a half-point below Clinton. As for Obama, even excluding 2009, his spending has averaged 24.1 percent of GDP – the highest level for any three years since World War II. Americans can judge for themselves whether deficits are “enormous”– but only if they have the facts. In this case, there is no denying the order in which the last five presidents rank on the basis of deficits: Clinton, Bush 43, Bush 41 and Reagan in a virtual tie, and Obama.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2008
Posts: 11,345 Likes: 391
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,345 Likes: 391 |
Let's bring this back to the top for the liar King Brown again. You made the dishonest point King... why won't you show us some proof like you so frequently demand from us??? ...Ken61, do you mind if I rub King Brown's nose in the truth yet again? The filthy lying fraud once again has dumped a load of bullshit here and runs away from the proof you took the time to post to refute it. Funny part is that he thinks no-one notices. It ain't easy being a Terrible Twin. Hee hee hee! King, Since you like Forbes so much, is the real data. Even this is skewed, as the majority of the deficit spending occurred first after the Democrats regained the House in 2006, holding the budget hostage for increased spending in order to get their support for Iraq war funding, and then as a result of TARP. Where on earth do you get your information? http://www.forbes.com/sites/jamesglassma...nts-truly-rank/Here are the ratios of deficit to GDP for the past five presidents: Ronald Reagan 1981-88 4.2 % 1982-89 4.2 Average 4.2 George H. W. Bush 1989-92 4.0 1990-93 4.3 Average 4.2 Bill Clinton 1993-2000 0.8 1994-2001 0.1 Average 0.5 George W. Bush 2001-08 2.0 2002-09 3.4 Average 2.7 Barack Obama 2009-12* 9.1 2010-12 8.7 Average 8.9 *fiscal 2012 ends Sept. 30, 2012, so this figure is estimated Source: Economic Report of the President, February 2012 The results for President Bush are skewed by the 10.1 percent deficit/GDP ratio in fiscal 2009. A large chunk of spending in that year went to the Troubled Asset Relief Program, or TARP. In fiscal 2009, TARP contributed $151 billion to the budget deficit, but in 2010 and 2011, $147 billion of that amount was recouped and thus reduced the size of the deficit during President Obama’s watch. (These calculations are complicated and are laid out by the Office of Management and Budget. See http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/spec.pdf, p. 49.) As for spending itself, during the George W. Bush years (2001-08), federal outlays averaged 19.6 percent of GDP, a little less than during the Clinton years (1993-2000), at 19.8% and far below Reagan, whose outlays never dropped below 21 percent of GDP in any year and averaged 22.4%. Even factoring in the TARP year (2009), Bush’s average outlays as a proportion of the economy was 20.3 percent – far below Reagan and only a half-point below Clinton. As for Obama, even excluding 2009, his spending has averaged 24.1 percent of GDP – the highest level for any three years since World War II. Americans can judge for themselves whether deficits are “enormous”– but only if they have the facts. In this case, there is no denying the order in which the last five presidents rank on the basis of deficits: Clinton, Bush 43, Bush 41 and Reagan in a virtual tie, and Obama. C'mon King, you lying fraud... you can pretend you're not talking to me and address your reply to Ken or waste it on an idiot like Jagermeister.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2008
Posts: 11,345 Likes: 391
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,345 Likes: 391 |
I see you are still acting like you don't see this King Brown. I keep bringing it back to the top so everyone can see what you are made of. You made the dishonest point King... why won't you show us some proof like you so frequently demand from us??? Is it because you are too cowardly to admit when you are wrong, or simply because you are a lying fraud? Or both? ...Ken61, do you mind if I rub King Brown's nose in the truth yet again? The filthy lying fraud once again has dumped a load of bullshit here and runs away from the proof you took the time to post to refute it. Funny part is that he thinks no-one notices. It ain't easy being a Terrible Twin. Hee hee hee! King, Since you like Forbes so much, is the real data. Even this is skewed, as the majority of the deficit spending occurred first after the Democrats regained the House in 2006, holding the budget hostage for increased spending in order to get their support for Iraq war funding, and then as a result of TARP. Where on earth do you get your information? http://www.forbes.com/sites/jamesglassma...nts-truly-rank/Here are the ratios of deficit to GDP for the past five presidents: Ronald Reagan 1981-88 4.2 % 1982-89 4.2 Average 4.2 George H. W. Bush 1989-92 4.0 1990-93 4.3 Average 4.2 Bill Clinton 1993-2000 0.8 1994-2001 0.1 Average 0.5 George W. Bush 2001-08 2.0 2002-09 3.4 Average 2.7 Barack Obama 2009-12* 9.1 2010-12 8.7 Average 8.9 *fiscal 2012 ends Sept. 30, 2012, so this figure is estimated Source: Economic Report of the President, February 2012 The results for President Bush are skewed by the 10.1 percent deficit/GDP ratio in fiscal 2009. A large chunk of spending in that year went to the Troubled Asset Relief Program, or TARP. In fiscal 2009, TARP contributed $151 billion to the budget deficit, but in 2010 and 2011, $147 billion of that amount was recouped and thus reduced the size of the deficit during President Obama’s watch. (These calculations are complicated and are laid out by the Office of Management and Budget. See http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/spec.pdf, p. 49.) As for spending itself, during the George W. Bush years (2001-08), federal outlays averaged 19.6 percent of GDP, a little less than during the Clinton years (1993-2000), at 19.8% and far below Reagan, whose outlays never dropped below 21 percent of GDP in any year and averaged 22.4%. Even factoring in the TARP year (2009), Bush’s average outlays as a proportion of the economy was 20.3 percent – far below Reagan and only a half-point below Clinton. As for Obama, even excluding 2009, his spending has averaged 24.1 percent of GDP – the highest level for any three years since World War II. Americans can judge for themselves whether deficits are “enormous”– but only if they have the facts. In this case, there is no denying the order in which the last five presidents rank on the basis of deficits: Clinton, Bush 43, Bush 41 and Reagan in a virtual tie, and Obama. C'mon King, you lying fraud... you can pretend you're not talking to me and address your reply to Ken or waste it on an idiot like Jagermeister.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2008
Posts: 11,345 Likes: 391
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,345 Likes: 391 |
I see you are still acting like you don't see this King Brown. I am bringing it back to the top yet again so everyone can see what a fraud you are. You told us you have never lied here King... why won't you show us some proof like you so frequently demand from us??? You knew what you told us about Obama and Liberals when it comes to adding to the deficit was a lie when you wrote it. Now you won't go near it. C'mon, don't you want to show everybody I'm wrong... or do you just want to show your mettle by calling me a Terrible Twin? ...Ken61, do you mind if I rub King Brown's nose in the truth yet again? The filthy lying fraud once again has dumped a load of bullshit here and runs away from the proof you took the time to post to refute it. Funny part is that he thinks no-one notices. It ain't easy being a Terrible Twin. Hee hee hee! King, Since you like Forbes so much, is the real data. Even this is skewed, as the majority of the deficit spending occurred first after the Democrats regained the House in 2006, holding the budget hostage for increased spending in order to get their support for Iraq war funding, and then as a result of TARP. Where on earth do you get your information? http://www.forbes.com/sites/jamesglassma...nts-truly-rank/Here are the ratios of deficit to GDP for the past five presidents: Ronald Reagan 1981-88 4.2 % 1982-89 4.2 Average 4.2 George H. W. Bush 1989-92 4.0 1990-93 4.3 Average 4.2 Bill Clinton 1993-2000 0.8 1994-2001 0.1 Average 0.5 George W. Bush 2001-08 2.0 2002-09 3.4 Average 2.7 Barack Obama 2009-12* 9.1 2010-12 8.7 Average 8.9 *fiscal 2012 ends Sept. 30, 2012, so this figure is estimated Source: Economic Report of the President, February 2012 The results for President Bush are skewed by the 10.1 percent deficit/GDP ratio in fiscal 2009. A large chunk of spending in that year went to the Troubled Asset Relief Program, or TARP. In fiscal 2009, TARP contributed $151 billion to the budget deficit, but in 2010 and 2011, $147 billion of that amount was recouped and thus reduced the size of the deficit during President Obama’s watch. (These calculations are complicated and are laid out by the Office of Management and Budget. See http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/spec.pdf, p. 49.) As for spending itself, during the George W. Bush years (2001-08), federal outlays averaged 19.6 percent of GDP, a little less than during the Clinton years (1993-2000), at 19.8% and far below Reagan, whose outlays never dropped below 21 percent of GDP in any year and averaged 22.4%. Even factoring in the TARP year (2009), Bush’s average outlays as a proportion of the economy was 20.3 percent – far below Reagan and only a half-point below Clinton. As for Obama, even excluding 2009, his spending has averaged 24.1 percent of GDP – the highest level for any three years since World War II. Americans can judge for themselves whether deficits are “enormous”– but only if they have the facts. In this case, there is no denying the order in which the last five presidents rank on the basis of deficits: Clinton, Bush 43, Bush 41 and Reagan in a virtual tie, and Obama.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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