Resistance within the Trump administration

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  • ss12
    Senior Member
    • May 2007
    • 3730

    #46
    How much did the total deficit rise by each President since Reagan

    Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.

    What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.

    Reagan
    •Started Presidency: $965 billion
    •Ended Presidency: $2.74 trillion
    •Increased 184% or 13.9% per year

    H.W. Bush
    •Started Presidency: $2.74 trillion
    •Ended Presidency: $4.23 trillion
    •Increased 54% or 11.5% per year (only in office for four years)

    Clinton
    •Started Presidency: $4.23 trillion
    •Ended Presidency: $5.77 trillion
    •Increased 36% or 4.0% per year

    W. Bush
    •Started Presidency: $5.77 trillion
    •Ended Presidency: $11.1 trillion
    •Increased 93% or 8.5% per year

    Obama
    •Started Presidency: $11.1 trillion
    •Ended Presidency: $19.85 trillion
    •Increased 78% or 7.5% per year

    President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.

    Dirtman did you noticed that when the republican gave a tax break the national deb went up a whole lot more than when the democrats raised taxes? Hopefully your not as gullible as the rest of the republicans who have been gullible enough to believe trickle down economy will help bring down the debt. The above provided information shows just the opposite is true. MAGA Moscow Agent Governing America!!!!
















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    How much did the total deficit rise by each President since Reagan

    Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.

    What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.

    Reagan
    •Started Presidency: $965 billion
    •Ended Presidency: $2.74 trillion
    •Increased 184% or 13.9% per year

    H.W. Bush
    •Started Presidency: $2.74 trillion
    •Ended Presidency: $4.23 trillion
    •Increased 54% or 11.5% per year (only in office for four years)

    Clinton
    •Started Presidency: $4.23 trillion
    •Ended Presidency: $5.77 trillion
    •Increased 36% or 4.0% per year

    W. Bush
    •Started Presidency: $5.77 trillion
    •Ended Presidency: $11.1 trillion
    •Increased 93% or 8.5% per year

    Obama
    •Started Presidency: $11.1 trillion
    •Ended Presidency: $19.85 trillion
    •Increased 78% or 7.5% per year

    President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.


    I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
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    Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.



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    How much did the total deficit rise by each President since Reagan

    Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.

    What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.

    Reagan
    •Started Presidency: $965 billion
    •Ended Presidency: $2.74 trillion
    •Increased 184% or 13.9% per year

    H.W. Bush
    •Started Presidency: $2.74 trillion
    •Ended Presidency: $4.23 trillion
    •Increased 54% or 11.5% per year (only in office for four years)

    Clinton
    •Started Presidency: $4.23 trillion
    •Ended Presidency: $5.77 trillion
    •Increased 36% or 4.0% per year

    W. Bush
    •Started Presidency: $5.77 trillion
    •Ended Presidency: $11.1 trillion
    •Increased 93% or 8.5% per year

    Obama
    •Started Presidency: $11.1 trillion
    •Ended Presidency: $19.85 trillion
    •Increased 78% or 7.5% per year

    President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.


    I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
    MORE


    Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.



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    Haters don't really hate you, in fact they hate themselves because you are a reflection of what they wish to be.

    Comment

    • Clayton_Wetter
      Banned
      • May 2007
      • 16671

      #47
      Maga!!!!!!

      Comment

      • ALLDIRT
        Senior Member
        • May 2010
        • 1214

        #48
        Well whats the problem , its headed in the right direction . CAN'T DENY .

        Comment

        • Clayton_Wetter
          Banned
          • May 2007
          • 16671

          #49
          “You knock one down, and we’ll be ready for Pence. We’ll get him, too,” Waters vowed.

          The Progressive Commies are unhinged.

          Comment

          • ss12
            Senior Member
            • May 2007
            • 3730

            #50
            Originally posted by ALLDIRT View Post
            Well whats the problem , its headed in the right direction . CAN'T DENY .
            So adding to the national debt is the right direction? Just shows how gullible you are.

            Here is the debt clock for you so you can see how well he is doing in real time.

            Continuously Updated US National Debt Clock Real Time US Debt Clock, Mortgage Calculator, Loan Calculator
            Haters don't really hate you, in fact they hate themselves because you are a reflection of what they wish to be.

            Comment

            • ALLDIRT
              Senior Member
              • May 2010
              • 1214

              #51
              Originally posted by ss12 View Post
              So adding to the national debt is the right direction? Just shows how gullible you are.

              Here is the debt clock for you so you can see how well he is doing in real time.

              http://www.usdebtclock.org/
              Not gullible . doing very well , thank you very much .

              Comment

              • ALLDIRT
                Senior Member
                • May 2010
                • 1214

                #52
                Here's how I see it . You speak like you know it all . I have been around awhile . I plan to keep it the way
                it works for me , and my family . So if you don't like it that way . I am sure you vote your way . All I know
                is for the time I have been here , I know when to hold them , and I know when to fold them .

                Comment

                • Bubstr
                  Senior Member
                  • Feb 2008
                  • 3734

                  #53
                  Originally posted by ss12 View Post
                  And how much did Trumps tax cuts add to the federal debt? I know just a lousy 1 trillion dollars. That it! The debt doesn't matter because a republican is in the white house, but if there was democrat in office you Repukes would be going haywire.
                  Do you have the slightest idea how the Economy and the National debt work? I have given this lesson on here before. Pay attention this time. There will be a test sooner or later.

                  No Country is able to pay off a national debt if they have a debt based currency. They can't even pay the principle down. They are lucky to pay the interest even. If having a lot of money in circulation made the Economy good, we would have the best Economy ever, right here in the USA. We don't because, it's not about how much $ is in the system, it's about how much moves or is spent. This is the reasoning behind spuring the Economy, with tax cuts. When you put dollars in the hands of people that can't really save it, it is spent. This creates new jobs and big business gets the trickle up effect. The trickle down doesn't work. Now don't listen to any news station, but go out and look at the local strip malls. Are more shops open or closed in the last month? I am confident you will find more open if you tell yourself the truth. This alone makes a larger tax base. This term tax base means help for you and me to pay that big tax bill. That frees up more spendable dollars in long term. More money moves.

                  Any politician that is saying something about paying on the National Debt, is lying. You would have to make more dollars along with more interest , which would make the debt larger, not smaller. The only way you could pay this off, is to get rid of the FED. It doesn't look like any of DC was interested in that, as the contract with the FED was up in 2013. The IRS is the FED's tax collector and it only collects interest on the debt. We still owe for WW1. I was figuring back in 2005, that every person, man women or child owed around $40,000 a person. It has to be way more than that now. I really hope this helps some to understand. It isn't the easiest thing to grasp, especially after DC covers it with flowers, Farrie dust and Unicorn farts.

                  Comment

                  • Bubstr
                    Senior Member
                    • Feb 2008
                    • 3734

                    #54
                    Originally posted by ss12 View Post
                    So adding to the national debt is the right direction? Just shows how gullible you are.

                    Here is the debt clock for you so you can see how well he is doing in real time.

                    http://www.usdebtclock.org/
                    What is the difference? You would never be able to pay off the National debt. We are still paying interest on the great depression hand outs and WW2 lend lease, even though we forgave the UN debt on that.

                    Comment

                    • Bubstr
                      Senior Member
                      • Feb 2008
                      • 3734

                      #55
                      ss12, You must have fell asleep,in math class. Do you know how compound interest works? Money is added to the national debt from interest from 1913. Keep listening to them smart guys, you have been listening to.

                      The National debt means nothing, because it can't be paid off, only to get larger.

                      Only one President has put the national debt in the black. It was Andrew Jackson. Look up how he did it and you will have more understanding about this problem. Especially the retaliation to our country for it.

                      Comment

                      • dirtMAN007
                        Senior Member
                        • Mar 2008
                        • 5691

                        #56
                        Originally posted by Bubstr View Post
                        Do you have the slightest idea how the Economy and the National debt work? I have given this lesson on here before. Pay attention this time. There will be a test sooner or later.

                        No Country is able to pay off a national debt if they have a debt based currency. They can't even pay the principle down. They are lucky to pay the interest even. If having a lot of money in circulation made the Economy good, we would have the best Economy ever, right here in the USA. We don't because, it's not about how much $ is in the system, it's about how much moves or is spent. This is the reasoning behind spuring the Economy, with tax cuts. When you put dollars in the hands of people that can't really save it, it is spent. This creates new jobs and big business gets the trickle up effect. The trickle down doesn't work. Now don't listen to any news station, but go out and look at the local strip malls. Are more shops open or closed in the last month? I am confident you will find more open if you tell yourself the truth. This alone makes a larger tax base. This term tax base means help for you and me to pay that big tax bill. That frees up more spendable dollars in long term. More money moves.

                        Any politician that is saying something about paying on the National Debt, is lying. You would have to make more dollars along with more interest , which would make the debt larger, not smaller. The only way you could pay this off, is to get rid of the FED. It doesn't look like any of DC was interested in that, as the contract with the FED was up in 2013. The IRS is the FED's tax collector and it only collects interest on the debt. We still owe for WW1. I was figuring back in 2005, that every person, man women or child owed around $40,000 a person. It has to be way more than that now. I really hope this helps some to understand. It isn't the easiest thing to grasp, especially after DC covers it with flowers, Farrie dust and Unicorn farts.
                        I’ll take the words of an educated man who can recite FACTS off the top of his head rather someone who can “cut and paste “ some propaganda !

                        Comment

                        • AnonymousNate
                          Banned
                          • Oct 2014
                          • 571

                          #57
                          Originally posted by ALLDIRT View Post
                          So when we close the boarder . Stop all the illegals from coming in , stop the free food stamps , free social security , ( by the way its for the ones who paid for it ) , and the free medicare . Billions saved by not giving to the united nations , yea it will go down .This is the magic wand obummer was afraid of . And now somehow thats obummers magic wand . Hang on bud , hes working on it , with just 2 years in . Way better that the doubling of the debt in the last 8 . More saving to come . Hold on . More jobs that was not coming back ,means more people paying taxes . More people spending than before , means more . cant you count .
                          See BS like that ... "Illegals" .... What's (not a nice word)(not a nice word)(not a nice word)(not a nice word)ing wrong with people in this world.... Just cause some goes over a border that does nothing but devide this Land he's an *illegal alien" .... Hell with any that believes and thinks like that! Dam Jerry's Kids!

                          Comment

                          • AnonymousNate
                            Banned
                            • Oct 2014
                            • 571

                            #58
                            Approximately around 55.000 or so give or take .....

                            Comment

                            • ALLDIRT
                              Senior Member
                              • May 2010
                              • 1214

                              #59
                              Originally posted by AnonymousNate View Post
                              See BS like that ... "Illegals" .... What's (not a nice word)(not a nice word)(not a nice word)(not a nice word)ing wrong with people in this world.... Just cause some goes over a border that does nothing but devide this Land he's an *illegal alien" .... Hell with any that believes and thinks like that! Dam Jerry's Kids!
                              Hey why don't you advertise your open house . tell them about all the free (not a nice word)(not a nice word)(not a nice word)(not a nice word) .
                              and then tell me how that works for ya . just plain stupid .

                              Comment

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