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Date: 04/21/12 12:00 PM

29 Responses to US Debt As A Road Trip

  1. Profile photo of 5Cats
    5Cats Male 50-59
    33142 posts
    April 20, 2012 at 12:52 pm
    Link: US Debt As A Road Trip - In miles per hour so it`s easy to understand!
  2. Profile photo of Rawrg
    Rawrg Male 18-29
    934 posts
    April 21, 2012 at 12:13 pm
    I`m under the mindset that default is the only option at this point.
  3. Profile photo of jamie76
    jamie76 Male 30-39
    2345 posts
    April 21, 2012 at 12:16 pm
    people do realize that CONGRESS is responsible for the budget right? NOT the president.

    repub, get over it. you had congress and the white house and spent like crazy during those years.

    obama and the dems are spending like crazy.

    you both suck arse equally.

    RON PAUL the only one that wants to return the country to what the constituation allows and does nto allow...spending like this is not allowed.

    also, income tax is not allowed either. think of that next time you think Ron Paul is not worth voting for.

  4. Profile photo of 8BitHero
    8BitHero Male 18-29
    5414 posts
    April 21, 2012 at 12:29 pm
    Money money money. Must be funny. In a rich mans wor-AMUUUUUURICA!
  5. Profile photo of OutWest
    OutWest Male 50-59
    546 posts
    April 21, 2012 at 1:22 pm
    IT`s not his fault. He inherited a bad economy. This is a racist video.
  6. Profile photo of 5Cats
    5Cats Male 50-59
    33142 posts
    April 21, 2012 at 1:48 pm
    people do realize that CONGRESS is responsible for the budget right? NOT the president.
    That`s odd @jamie, I recall you blaming Bush for... every dratting thing wrong in the universe!

    Bush signed the Democrat budgets, he deserves the blame.
    Obama signed the Democrat budgets, when they bothered to make them, so HE gets the blame too! Try as he might to Blame Bush, the current US debt crisis is Obama`s responsibility.
  7. Profile photo of 5Cats
    5Cats Male 50-59
    33142 posts
    April 21, 2012 at 1:50 pm
    vv Lolz @OutWest!
    vv Lolz @8BitHero!
  8. Profile photo of simbha
    simbha Male 30-39
    412 posts
    April 21, 2012 at 2:34 pm
    /sigh

    Look, I`m not a huge fan of Obama - and I`m certainly not a fan of increasing federal debt - but this is all very disingenuous.

    The following figures are the CBO estimates of gross federal debt in billions of dollars for 2012, by year since 2002:

    2002: 7,645
    2003: 9,251
    2004: 12,127
    2005: 11,731
    2006: 11,655
    2007: Not available
    2008: 11,236
    2009: 13,410
    2010: 15,259
    2011: 16,389
    2012: 16,002

    Has Obama`s administration increased the federal debt? Yes, absolutely. But, has it increased it by as much as some people argue? No...

    The CBO`s projections for 2012 gross debt increased by approximately USD 4 trillion from 2002 to 2005, but have only increased by just over USD 2.5 trillion since 2009.

    This indicates that both Bush and Obama (and many previous administrations from both sides of the aisle) are responsible for this, folks.
  9. Profile photo of clockwork208
    clockwork208 Male 30-39
    835 posts
    April 21, 2012 at 3:00 pm
    Here we go. Again. Ugh.

    Look, we all know that the majority of all spending is already stuck in legal concrete from past administrations. The jackasses we elect now have little control over it. What they do control is how much of it we notice. And what we as American citizen notice is stupid sh*t - right where they want us.

    Keep going though. Interesting comments.
  10. Profile photo of Fatninja01
    Fatninja01 Male 30-39
    25420 posts
    April 21, 2012 at 3:01 pm
    meh...
  11. Profile photo of intrigid
    intrigid Male 18-29
    914 posts
    April 21, 2012 at 3:14 pm
    "IT`s not his fault. He inherited a bad economy. This is a racist video."

    The fact that YOU were the first to bring race into the topic shows that YOU are the real racist.
  12. Profile photo of 5Cats
    5Cats Male 50-59
    33142 posts
    April 21, 2012 at 3:15 pm
    @simbah: CBO "projections" are based on information, right or wrong, the White House provided to them.

    Obama has claimed that "ObamaCare will lower the deficit" and that (along with a host of bullcrap) caused the CBO to project numbers they said in their report were bogus.

  13. Profile photo of DingDingDong
    DingDingDong Male 30-39
    1511 posts
    April 21, 2012 at 3:16 pm
    " The jackasses we elect now have little control over it. "
    Elect Ron Paul and see what happens!
  14. Profile photo of 5Cats
    5Cats Male 50-59
    33142 posts
    April 21, 2012 at 3:19 pm
    @intrigid: You`ve been trolled, @OutWest was joking, eh? See: anytime anyone ever questions Obama? It`s racist! Or so cries the MSM.

    @simbah: your "numbers" show the deficit at 2 trillion + per year under Bush, obviously wrong.
  15. Profile photo of simbha
    simbha Male 30-39
    412 posts
    April 21, 2012 at 3:54 pm
    Not wrong, 5Cats: this isn`t the increase in the debt each year. It (implies) the increase in the 2012 projections, from year to year.

    You can argue the CBO numbers all you want, but they`re the best available numbers for projecting budget deficits and thus debt. To a degree they`re provided by the administration - but the CBO has a Congressional mandate to provide fair and objective assessment of their numbers, period. It`s an arm of Congress NOT the executive branch.
  16. Profile photo of mon360
    mon360 Male 13-17
    735 posts
    April 21, 2012 at 4:08 pm
    i care (psh yea rite)
  17. Profile photo of clockwork208
    clockwork208 Male 30-39
    835 posts
    April 21, 2012 at 4:41 pm
    DingDong - you don`t GET it. This country doesn`t want results, we want something to BLAME. Results require effort; blaming is fun and gets ratings.
  18. Profile photo of HiEv
    HiEv Male 40-49
    621 posts
    April 21, 2012 at 7:33 pm
    Yeah, and I`m sure the Republicans threatening to hold up on passing ANY bills in congress, including ones funding the troops and 9/11 victims (like they`re some kind of super-villains), if they weren`t allowed to extend Bush`s tax cuts*, had nothing to do with the size of the deficit too. I mean, tax cuts don`t affect the deficit, right? ;-)

    Blaming Obama entirely for the deficit when Republicans have pulled this kind of nonsense is complete BS.

    (*For those who`ve forgotten this incident, see here: "GOP Holding All Bills Hostage Till Dems Hand Over Tax Cuts" - The Atlantic Wire - 12/2/`10.)
  19. Profile photo of DuckBoy87
    DuckBoy87 Male 18-29
    3289 posts
    April 21, 2012 at 7:37 pm
    Everyone likes to blame Bush Jr for the bad economy, but why does no one blame Reagan and Bush Sr for the economy of `92-`00?

    Don`t answer that I already know the answer.
  20. Profile photo of markust123
    markust123 Male 40-49
    3929 posts
    April 21, 2012 at 11:27 pm
    "Everyone likes to blame Bush Jr for the bad economy, but why does no one blame Reagan and Bush Sr for the economy of `92-`00?"

    Or you could ask why conservatives don`t give Clinton any credit yet also don`t place any blame on Jr. Both sides only listen to what they want to hear.
  21. Profile photo of liberkaos
    liberkaos Male 30-39
    156 posts
    April 22, 2012 at 12:14 am
    So.... in conclusion, the President preforms better on blowjobs?
  22. Profile photo of eddy666
    eddy666 Male 30-39
    523 posts
    April 22, 2012 at 8:41 am
    "RON PAUL the only one that wants to return the country to what the constituation allows and does nto allow...spending like this is not allowed.

    also, income tax is not allowed either. think of that next time you think Ron Paul is not worth voting for. "

    Although I think Ron Paul has some ideas and beliefs that are insane and won`t work well at all, I do think his platform is more noble and in the right direction than any other person currently running.
  23. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    April 22, 2012 at 8:45 am
    "Or you could ask why conservatives don`t give Clinton any credit."

    Because we know he rode the coat tails of Reaganomics, until he had changed enough for it to not matter anymore.

    You can thank Clinton for the the beginning of the housing crash.
  24. Profile photo of furrything
    furrything Male 50-59
    1351 posts
    April 22, 2012 at 9:43 am
    Obama? Oloveliness more like! I think Obama`s brilliant. But there again, I love faulty plumbing, too.
  25. Profile photo of tedgp
    tedgp Male 30-39
    3287 posts
    April 22, 2012 at 1:39 pm
    Gotta love how americans want to get rid of taxes. WOnder if they realise that the country would become a slum pretty much overnight.
  26. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    April 22, 2012 at 2:15 pm
    I think Obama has pushed beyond the point of no return. We`re now Greece, only there`s nobody else that`s big enough to bail us out.
  27. Profile photo of Fwoggie2
    Fwoggie2 Male 30-39
    1803 posts
    April 22, 2012 at 3:30 pm
    The US Department of Defense has budgeted to spend $107bn in 2012 alone in Afghanistan alone (never mind the other stuff). Ron Paul may be a little left field to be taken seriously enough to ever have a realistic chance of election, but his suggestion of simply pulling out of everywhere and concentrating on being peaceful instead of aggressive has some merit - $107bn is some serious cash in anyone`s world, that`s more than the entire transportation budget, and 9 times what the budget is for tertiary education in the US.

    The real problem is that a lot of this debt is owned by China. They might wanna call it in one day, just because they can. Or maybe to write it off, say, in exchange for Taiwan...
  28. Profile photo of Zach82
    Zach82 Male 30-39
    319 posts
    April 22, 2012 at 8:10 pm
    Easy... let the Bush tax cuts expire.
  29. Profile photo of tobyvictory
    tobyvictory Male 70 & Over
    406 posts
    April 23, 2012 at 11:42 am
    More fuzzy math from the right. Little Bush would be way over 300mph if the wars in Iraq and Afghanistan were counted in the spending during his tenure.

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