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Default 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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