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Obama Out!....

Obama Out!....

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EddyFree Active Indicator LED Icon 11 OP 
~ 7 years ago   Jan 19, '17 7:18pm  
Check out when the debt STARTS ballooning historically in this chart...
 
Loading Image...
 
The debt increased under Reagan 2.6 times!!...
Under George Bush by 1.42 times (and that was a 4year term)...
Under Clinton by only 1.29 times....
Under George W Bush by 1.73 times...
Under Obama by 1.6 times....
 
Here's A Table Of Numbers From George Washington To Obama
 
I won't go into ill advised tax cuts and losses of tax revenue due to crumbling economy and increased social expenses due to said crumbling economy and all that this time in an effort not to derail the thread too much...
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Clydepuckett Active Indicator LED Icon 11
~ 7 years ago   Jan 19, '17 7:21pm  
@EddyFree
 
You are missing a $1trillion or so on one entry.....
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atascabob Active Indicator LED Icon 1
~ 7 years ago   Jan 19, '17 7:25pm  
It's a moot point, Trump loves debt.
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Clydepuckett Active Indicator LED Icon 11
~ 7 years ago   Jan 19, '17 7:29pm  
@atascabob @EddyFree
 
And Supply side economics gave Prs Reagan an avenue to borrow against future confiscations due to GDP growth........
 
Pres Obama's administration added hookers And blow to the GDP calculation and it is still a record low performance.
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Clydepuckett Active Indicator LED Icon 11
~ 7 years ago   Jan 19, '17 7:32pm  
@atascabob
 
Yeah, I agree somewhat.......
 
But, in the financial world, it's a technique known as leverage and an acceptable way to create alpha......but, done wrong........hello 2008.
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EddyFree Active Indicator LED Icon 11 OP 
~ 7 years ago   Jan 19, '17 7:35pm  
C'mon Obama....It's not too late.....
 
Throw the challenge flag already!!!!
 
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TheCatsMeow Active Indicator LED Icon 18
~ 7 years ago   Jan 19, '17 7:36pm  
abc13.com/news/presi dent-obama-commutes- sentences-for-330-pe ople-/1711114/
Obama granted commutation to a total of 1,715 people during his time in office, including 568 people who were sentenced to life in prison.
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atascabob Active Indicator LED Icon 1
~ 7 years ago   Jan 19, '17 7:40pm  
All right Clyde we can agree to disagree but your google advice produced this.
 
"To these unhappy taxpayers I say: Relax, your $80 billion auto bailout loan is paid in full and you also have received handsome interest and dividends.
 
I also would like to tell unhappy taxpayers that it is true hundreds of thousands of Americans, many belonging to the United Auto Workers union, did indeed keep their jobs because of the bailout. But hundreds of thousands of non-union blue-collar and white-collar employees at auto-related suppliers, dealerships and small businesses also kept their jobs thanks to the bailout."
 
I think to not have done the auto bail out would have been disastrous. I didn't like it either, but think it had to be done.
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EddyFree Active Indicator LED Icon 11 OP 
~ 7 years ago   Jan 19, '17 7:43pm  
Obama granted commutation to a total of 1,715 people during his time in office, including 568 people who were sentenced to life in prison.

@TheCatsMeow :
 
So he has to fix problems in the justice system too...Wonder if he granted more "white-collar" criminals commutations than his predecessor?
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atascabob Active Indicator LED Icon 1
~ 7 years ago   Jan 19, '17 7:48pm  
Obama failed, he didn't free Atascabob and Eddy you're already free.
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TheCatsMeow Active Indicator LED Icon 18
~ 7 years ago   Jan 19, '17 7:56pm  
@EddyFree Obama granted more commutations than the past 13 presidents combined. President Obama granted commutations today to 330 people, most of whom were serving long sentences for drug crimes.
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EddyFree Active Indicator LED Icon 11 OP 
~ 7 years ago   Jan 19, '17 7:58pm  
It's a moot point, Trump loves debt.

@atascabob :
 
And we'll get to that soon when we take a look at his tax proposals...
Hillary's out...Gotta get Obama out...Then....
 
It's all about that Trump....
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Clydepuckett Active Indicator LED Icon 11
~ 7 years ago   Jan 19, '17 8:02pm  
@atascabob
 
Got no idea where you got that and assume it is the same guy that said we could keep our plan......
 
But, assuming you accept USA reporting on an official Treasury statement, I'll actually post a link.
 
www.usatoday.com/sto ry/money/cars/2014/1 2/30/auto-bailout-ta rp-gm-chrysler/
 
Taxpayers lost $9.26 billion on the U.S. government's automotive industry rescue program, according to a final tally released by U.S. Treasury this week.
 
You and the Pres are entitled to your opinions, but not crafted facts.
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EddyFree Active Indicator LED Icon 11 OP 
~ 7 years ago   Jan 19, '17 8:07pm  
@Clydepuckett
 
You left this part out...But I've got your back man!:
 
(from article above)
 
"The government lost money, but far less than initially expected when the program was launched in 2009. What's more, the program prevented GM and Chrysler from going out of business — an event most economists and automotive analysts said would have caused the entire industry to collapse and thrown the Midwest into a deep depression."
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Clydepuckett Active Indicator LED Icon 11
~ 7 years ago   Jan 19, '17 8:14pm  
@EddyFree
 
The government lost money
 
The only point I ever made.......
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