Budget deficit triples to $1.4 trillion, setting new record.

[Mr. Big Dog 10,747]

$290 billion to more than $10 trillion, is the result of deficits under Republican presidents. Under Kennedy-Johnson and Carter, revenue growth matched spending growth. Under Clinton, as under Truman, spending grew much more slowly than revenues, erasing big budget deficits, and, under Clinton, turning them into big surpluses.

Bullshit. I don't see a single year where the public debt did not increase.

Date Dollar Amount

Bush ~ 5 trillion

09/30/2009 10.9 trillion approx.

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

Clinton ~ 1 trillion

09/30/2001 5,807,463,412,200.06

09/30/2000 5,674,178,209,886.86

09/30/1999 5,656,270,901,615.43

09/30/1998 5,526,193,008,897.62

09/30/1997 5,413,146,011,397.34

09/30/1996 5,224,810,939,135.73

09/29/1995 4,973,982,900,709.39

09/30/1994 4,692,749,910,013.32

Bush ~ 1 trillion (in one term)

09/30/1993 4,411,488,883,139.38

09/30/1992 4,064,620,655,521.66

09/30/1991 3,665,303,351,697.03

09/28/1990 3,233,313,451,777.25

Reagan ~ 1.7 trillion

09/29/1989 2,857,430,960,187.32

09/30/1988 2,602,337,712,041.16

09/30/1987 2,350,276,890,953.00

09/30/1986 2,125,302,616,658.42

09/30/1985 * 1,823,103,000,000.00 *rounded to nearest million

09/30/1984 * 1,572,266,000,000.00

09/30/1983 * 1,377,210,000,000.00

09/30/1982 * 1,142,034,000,000.00

Carter ~ 0.2 trillion (1 term)

09/30/1981 * 997,855,000,000.00

09/30/1980 * 907,701,000,000.00

09/30/1979 * 826,519,000,000.00

09/30/1978 * 771,544,000,000.00

Ford ~ 0.07 trillion (2 years)

09/30/1977 * 698,840,000,000.00

06/30/1976 * 620,433,000,000.00

Nixon ~ 0.16 trillion (6 years)

06/30/1975 * 533,189,000,000.00

06/30/1974 475,059,815,731.55

06/30/1973 458,141,605,312.09

06/30/1972 427,260,460,940.50

06/30/1971 398,129,744,455.54

06/30/1970 370,918,706,949.93

Johnson ~ 0.04 trillion ( 1 term)

06/30/1969 353,720,253,841.41

06/30/1968 347,578,406,425.88

06/30/1967 326,220,937,794.54

06/30/1966 319,907,087,795.48

Kennedy ~ 0.2 trillion (1 term)

06/30/1965 317,273,898,983.64

06/30/1964 311,712,899,257.30

06/30/1963 305,859,632,996.41

06/30/1962 298,200,822,720.87

http://www.treasurydirect.gov/govt/reports...debt_histo5.htm

http://www.treasurydirect.gov/govt/reports...debt_histo4.htm

Republicans: roughly 8 trillion dollars in 28 years = 0.3 trillion per year

Democrats: roughly 1.5 trillion dollars in 20 years = 0.08 trillion per year

Questions?

Is 1 trillion still more than 0.3 trillion?

Of course. Your point?

The point is that whatever the democrats of the past have done, it is irrelevant to what the current democrats are doing.

Yes it is. Looking at the historical perspective, however, I think we're better off with those that don't worship of the failed altar of trickle down economics. In other words, if you're think we're fcuked with this administration, I'd say that we're much better off than we would otherwise have been. Times are tough, no doubt. And the numbers don't look good at all. But once the economy rebounds as it most certainly will, the numbers will start to look a lot better. Dems won't make gifts to the super rich paid with Uncle Sam's credit card as Reagan and W have done. I have that confidence.

[I AM NOT THAT GUY 5,715]

$290 billion to more than $10 trillion, is the result of deficits under Republican presidents. Under Kennedy-Johnson and Carter, revenue growth matched spending growth. Under Clinton, as under Truman, spending grew much more slowly than revenues, erasing big budget deficits, and, under Clinton, turning them into big surpluses.

Bullshit. I don't see a single year where the public debt did not increase.

Date Dollar Amount

Bush ~ 5 trillion

09/30/2009 10.9 trillion approx.

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

Clinton ~ 1 trillion

09/30/2001 5,807,463,412,200.06

09/30/2000 5,674,178,209,886.86

09/30/1999 5,656,270,901,615.43

09/30/1998 5,526,193,008,897.62

09/30/1997 5,413,146,011,397.34

09/30/1996 5,224,810,939,135.73

09/29/1995 4,973,982,900,709.39

09/30/1994 4,692,749,910,013.32

Bush ~ 1 trillion (in one term)

09/30/1993 4,411,488,883,139.38

09/30/1992 4,064,620,655,521.66

09/30/1991 3,665,303,351,697.03

09/28/1990 3,233,313,451,777.25

Reagan ~ 1.7 trillion

09/29/1989 2,857,430,960,187.32

09/30/1988 2,602,337,712,041.16

09/30/1987 2,350,276,890,953.00

09/30/1986 2,125,302,616,658.42

09/30/1985 * 1,823,103,000,000.00 *rounded to nearest million

09/30/1984 * 1,572,266,000,000.00

09/30/1983 * 1,377,210,000,000.00

09/30/1982 * 1,142,034,000,000.00

Carter ~ 0.2 trillion (1 term)

09/30/1981 * 997,855,000,000.00

09/30/1980 * 907,701,000,000.00

09/30/1979 * 826,519,000,000.00

09/30/1978 * 771,544,000,000.00

Ford ~ 0.07 trillion (2 years)

09/30/1977 * 698,840,000,000.00

06/30/1976 * 620,433,000,000.00

Nixon ~ 0.16 trillion (6 years)

06/30/1975 * 533,189,000,000.00

06/30/1974 475,059,815,731.55

06/30/1973 458,141,605,312.09

06/30/1972 427,260,460,940.50

06/30/1971 398,129,744,455.54

06/30/1970 370,918,706,949.93

Johnson ~ 0.04 trillion ( 1 term)

06/30/1969 353,720,253,841.41

06/30/1968 347,578,406,425.88

06/30/1967 326,220,937,794.54

06/30/1966 319,907,087,795.48

Kennedy ~ 0.2 trillion (1 term)

06/30/1965 317,273,898,983.64

06/30/1964 311,712,899,257.30

06/30/1963 305,859,632,996.41

06/30/1962 298,200,822,720.87

http://www.treasurydirect.gov/govt/reports...debt_histo5.htm

http://www.treasurydirect.gov/govt/reports...debt_histo4.htm

Republicans: roughly 8 trillion dollars in 28 years = 0.3 trillion per year

Democrats: roughly 1.5 trillion dollars in 20 years = 0.08 trillion per year

Questions?

Is 1 trillion still more than 0.3 trillion?

Of course. Your point?

The point is that whatever the democrats of the past have done, it is irrelevant to what the current democrats are doing.

Yes it is. Looking at the historical perspective, however, I think we're better off with those that don't worship of the failed altar of trickle down economics. In other words, if you're think we're fcuked with this administration, I'd say that we're much better off than we would otherwise have been. Times are tough, no doubt. And the numbers don't look good at all. But once the economy rebounds as it most certainly will, the numbers will start to look a lot better. Dems won't make gifts to the super rich paid with Uncle Sam's credit card as Reagan and W have done. I have that confidence.

So, you admit being conned as well..

[dalegg 143]

So, you admit being conned as well..

We are all continuously being conned-

"I don't recall authorizing the Iran-Contra deals"

"Read my lips-No new taxes"

"I have never had sexual relations with Monica Lewinsky"

"Saddam Hussein is stockpiling plutonium and other WMD"

"We cannot and will not sustain deficits like these without end"

Edited October 10, 2009 by dalegg

[Mr. Big Dog 10,747]

So, you admit being conned as well..

Not really. We don't live in a black and white world nor do we live in a world where people want to hear the truth from politicians. Putting fiscal responsibility into perspective, however, it becomes fairly clear that one party has a better track record when it comes to fiscal policy. And it isn't the Gipper's party.

[Hilarious Clinton 452]

$1.4 trillion just this year?

Worry not - the new health care plan will reduce it by $80 billion in 10 years!

We're f#cked.

For sure and this only the first year. Imagine the deficit by the time this Socialist finishes.

I'll wager a bet that he won't double the debt like his predecessor did.

Huh. I can criticize Bush but you can't criticize Obama.

Well, you Germans are known for following your political parties without question. Stick to the party line.

[HYENA 4]

you guys actually believe there's a difference between republicrats? They're all the same maggot infested vermin.

Professional self serving liars.

Where TF did the 5 billion MISSING money go during the last money giveaway package? Yeah, give the money to the banks so they can buy land and businesses and still not loan money...stupidasses!

[Mr. Big Dog 10,747]

$1.4 trillion just this year?

Worry not - the new health care plan will reduce it by $80 billion in 10 years!

We're f#cked.

For sure and this only the first year. Imagine the deficit by the time this Socialist finishes.

I'll wager a bet that he won't double the debt like his predecessor did.

Huh. I can criticize Bush but you can't criticize Obama.

Well, you Germans are known for following your political parties without question. Stick to the party line.

[I AM NOT THAT GUY 5,715]

you guys actually believe there's a difference between republicrats? They're all the same maggot infested vermin.

Professional self serving liars.

Where TF did the 5 billion MISSING money go during the last money giveaway package? Yeah, give the money to the banks so they can buy land and businesses and still not loan money...stupidasses!

[scandal 951]

It's kind of hard to tell from the photo above where the FAIL is. From what is depicted, that might just be a great catch!

Would you consider the photo below a "FAIL"?

As it happens, it's an amazing head-over-heels somersault touchdown by Jay Cutler last week, as he rolled over the Lions defense into the endzone. Love his pink "breast cancer" shoes!