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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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Financial Idiocy
"Ed Huntress" wrote:
"RD Sandman" wrote in message ... Cliff wrote in : On Thu, 12 Aug 2010 04:52:53 -0700, Gunner Asch wrote: On Thu, 12 Aug 2010 04:08:46 -0700 (PDT), "Kennewick Man; the first, the BEST!" wrote: On Aug 12, 6:39 am, Cliff wrote: http://tv.gawker.com/5610818/jon-ste...inancial-idioc y... "Jon Stewart Exposes the Financial Idiocy of Sarah Palin, John Boehner, and Other Republicans" [ Tonight, a freshly-shaved Jon Stewart talked about the fact that Republicans are simultaneously complaining about the nation's deficit and fighting to extend Bush's tax cuts (which, if ended, would reduce said deficit by 30%). Inside, video of the smackdown. ] See video. As opposed to the man in the White House who has bankrupted the U.S.? If the Kenyan hadnt ****ed up the economy..they wouldnt need to raise taxes. The 11+ trillion in debts was bushco & the rethggery. You still spreading that bull****? Or are you ready to claim that the debt by Obama is almost 14T? The national debt through FY 2009, which was Bush's last budget, was $11.9T. At the time of his first budget (which began in Oct. 2001), it had been $5.8T. http://www.treasurydirect.gov/govt/r...ebt_histo5.htm Now, as of 4:16 PM g, it's $13.3T. http://www.brillig.com/debt_clock/ So the question is, what the heck are you talking about, RD, when you say "the debt by Obama"? Most economists attribute the huge runup in debt under Bush to three things: two unfunded wars, Medicare enhancements, and tax cuts for the well-off. For the record, we've been over this with you before. Fortunately, several people here are patient. d8-) I got this from the site. Looks like 2007-2008 budget year is when it started going off the rails. 08-09 a bit steeper and 09-7/10 just slightly less than preceding year. Sorry this isn't a binary group, I'm looking at a excell chart of the data. Individual months picked from another section of site. One such link: http://www.treasurydirect.gov/govt/r...opds072009.pdf 7/10 13,185,208 in Millions 1/10 12,222,507 7/09 11,611,178 1/09 10,569,310 09/30/2009 11,909,829,003,511.75 09/30/2008 10,024,724,896,912.49 09/30/2007 9,007,653,372,262.48 09/30/2006 8,506,973,899,215.23 09/30/2005 7,932,709,661,723.50 09/30/2004 7,379,052,696,330.32 09/30/2003 6,783,231,062,743.62 09/30/2002 6,228,235,965,597.16 09/30/2001 5,807,463,412,200.06 09/30/2000 5,674,178,209,886.86 Ed, is this debt including social security payouts causing the government to borrow to pay out benefits? Wes |
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