Well you can’t have it both ways. Why is Obama blamed for doubling the ND then…
Not doubled tripled! The reason he is blamed is because he added more to the debt than any president in the modern era before him to pay for his entitlement spending programs such as the ACA!
Dropping money out of helicopters, cash for clunkers, and some big f-ing healthcare deal that was supposed to save every American family $2500 per year.
To quote Obama: “You gotta get yo dollah!”
Either the ND is the fault of Congress, or its the fault of the president, you can’t switch it around to suit your own agenda.
Nevertheless, Trump said as candidate that he would pay off the 19.8 trillion national debt, now its 23. So he’s an idiot and a damn liar. He also bragged that he would run balanced budgets but he’s running RECORD budget deficits. So he needs his ass kicked to the curb…
Current ND is not 23 trillion, its 22 trillion. This is another example of you exaggerating facts to suit you warped TDS nonsense! Almost as good as your claim that illegals pay 75% in taxes without anything to prove it to be true!
Yeah, remember that when we discuss the building of the wall.
Trump could not get a McDouble out of the congress.
Like many here he’s apparently allergic to facts.
Excellent source which presents this topic more comprehensively. The criticism with Reagan in which I will concede, is that he increased the military spending by 35% and but failed to off-set spending with Tax revenue. It wasn’t until towards the end of his term that he began to address this problem by implementing tax increases in certain areas, in which he often was most criticized for.
On the other issue of Monte Crusty, I am starting to think that he is a paid troll here working in a cubicle somewhere in California for the sole purpose to spread disinformation. I never seen someone so blatantly lie about facts on a consistent basis as he does. I have to wonder if he is just stupid or if he is an actual paid troll working for a larger agenda.
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Don’t forget the Democrats broken promise to cut 2 dollars of existing spending for every new dollar of spending.
Reagan’s mistake was trusting democrats who always insisted Reagan front end his deals with concessions and then they never followed through with their promised concessions that were always back loaded into any deal.
Well yeah, the entire amnesty deal is one that always get mentioned when talking about broken deals and not trusting Democrats.
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Reagan’s approach was to take what he could get. It was a different time. There was give and take then, and many Dims were still patriots.
Since we couldn’t simply boot the Dims, I liked Ronnie’s balance of ideology and pragmatism. Sort of the opposite of proggies.
Mostly I think he was just far too trusting and forgiving.
He righted the economy, took a bullet, drove Moscow into the ground. I give him a mulligan on letting the Dims put one over on him.
He did good.
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Yeah, on that trusting part, Wall Street manipulated him into deregulation of the derivatives market that ultimately led to the 2008 crisis, but of course both sides of the coin were guilty and is an entirely different matter.
No argument from me.
There were two much more important factors there only one of which most people are even aware of.
lowering the lending criteria by the fed’s and banks making a whole lot of loans to minorities to avoid discrimination suits they’d have never made prior led to the housing meltdown.
It created a market that simply wasn’t sustainable as new homes were being built faster than the population was growing due to all the gov’t “help”.
This created a situation where millions of people could barely make their payments as long as everything was going right and thus created a bubble that would burst either from the oversaturated market or it would burst the first time we had any significant hiccup in the economy.
Now look what happened to the price of gasoline leading up to the meltdown of late 08/09.
In just a couple of years oil went from around 35.00/bbl to an all time high of 140.00/bbl and gas prices tripled nearly overnight consuming most or all of many of those same families disposable income and put many of them into the negative so they were just living on credit cards… … until they ran out of credit.
What followed was the highest levels of new personal bankruptcy filings in history and month after month for three years record foreclosures.
Most of those people just did what the gov’t told them to do and probably had perfectly reasonable and good intentions but they ended up financially destroyed as a result.
Very true, but it started with Carter’s Community Reinvestment act and ended with Clinton’s illegal merger of Travelers and Citi Group which saw him signing the repeal of the Glass Steagal Act, the proverbial straw that broke the Camel’s back! Once this very important provision was done away with, then you know what followed.
I have been thinking on the OP, and all the damned SJW complainers and Socialists in general…
Obama was correct in one thing. The Constitution is a “charter of negative liberties.” Although he was wrong in that the Constitution in several places, does demand what the Government MUST do in your behalf.
I have the freedom to speak publicly.
I have the freedom to keep and bear arms.
I have the freedom to publicize my news or opinion without gov intrusion.
None of these things incur expense of my fellow citizens, thus they need few regulations to reign them in.
What is “healthcare”? Should we vacate the borders, the defense of freedom, tax wealth creators to paupers or to leave the country to chase this aim?
These things are fundamentally different. I have the right to life, liberty, and the pursuit of happiness, so long as I pay my own way.
Asking you to pay for those things is communist clap trap and not within my rights.
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Look back to the settlements the banks were forced into over “redlining” lawsuits, and blackmail from groups like Jackson’s “Rainbow Coalition”.
I’m no shill for the big banks but the democrats had them over a barrel. Loan the money and the Federal Gov’t would buy the paper and guarantee to protect them from losses or lose billions via blackmail and lawsuits.
They also then allowed the banks to buy and hold the mortgage bundles back from Freddie and Fannie to guarantee their assets. Once the failures started to snowball the banks then no longer had the collateral to back their own loans which then led to the bailouts that only added to the problem.
Cite the line in our constitution that supports that claim.