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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 12:15:23 PM   
Musicmystery


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quote:

ORIGINAL: willbeurdaddy

Of course the most important number isnt mentioned:

Obamas overall "disapproval is ....... 53 - 40 percent among independent voters" Game over.

Yet that's still higher than Congress, and both are higher than the Republican Party.

Reagan's approval rating at this point was 35%. These games are more complex than a poll or few.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 12:23:11 PM   
willbeurdaddy


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quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: willbeurdaddy

Of course the most important number isnt mentioned:

Obamas overall "disapproval is ....... 53 - 40 percent among independent voters" Game over.

Yet that's still higher than Congress, and both are higher than the Republican Party.

Reagan's approval rating at this point was 35%. These games are more complex than a poll or few.


Actually they are much simpler than the polls. Two numbers in August 2012 will determine the election: The unemployment rate and the CPI. Neither one holds much promise for Obama.

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and harken
to the barking of the dogfox,
gone to ground.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 12:24:35 PM   
Musicmystery


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quote:

Two numbers in August 2012 will determine the election: The unemployment rate and the CPI.


Now there we agree.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 12:25:39 PM   
mnottertail


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quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: willbeurdaddy

Of course the most important number isnt mentioned:

Obamas overall "disapproval is ....... 53 - 40 percent among independent voters" Game over.

Yet that's still higher than Congress, and both are higher than the Republican Party.

Reagan's approval rating at this point was 35%. These games are more complex than a poll or few.


Actually they are much simpler than the polls. Two numbers in August 2012 will determine the election: The unemployment rate and the CPI. Neither one holds much promise for Obama.


And even less promise for the GOP.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 12:25:58 PM   
Moonhead


Posts: 16520
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Status: offline 		Oh, so all the liberals under democrat mind control will suddenly abandon the Kenyan if unemployment's still up, will they?
Careful, Wilbur: you don't want to go crediting the Dims with any capacity for analytical thought. If you do, that's pretty much everything else you're ever likely to say in future in this forum blown out of the water...

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 1:51:04 PM   
popeye1250


Posts: 18104
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From: New Hampshire
Status: offline 		Wasn't our debt $4.2 Trillion when Oblunder took office?
What's it now, $14.4 Trillion?

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 2:02:28 PM   
mnottertail


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Status: offline 		Nope, you aren't even in the same galaxy.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 3:05:39 PM   
willbeurdaddy


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quote:

ORIGINAL: popeye1250

Wasn't our debt $4.2 Trillion when Oblunder took office?
What's it now, $14.4 Trillion?



Not quite that bad, but Obama added as much debt in his first 7 months (projected out for the remainder of Bush's last fiscal year and his first fiscal year) than GWB did in his entire 8 years.

< Message edited by willbeurdaddy -- 7/18/2011 3:06:04 PM >

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/18/2011 8:46:50 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Well let's see.

Bush's first fiscal year started Oct. 1, 2001 --

$5,806,151,389,190.21

And his last fiscal year ended Sept. 30, 2009 --

$11,909,829,003,511.75

That's an increase of $6,103,677,614,321.54.

Seven months into Obama's first fiscal year (April 30, 2010) --

$12,948,738,915,856.86

That's an increase of $1,038,909,912,345.11

So no. You're busted.

Of course, "projected out" sounds so cool....let's project out the cost of starting war in Iraq and Afghanistan from Bush's budget.



http://www.treasurydirect.gov/NP/BPDLogin?application=np

By the way, at this moment, the national debt is $14,355,480,517,097.21, so....

Bush's eight year increase: $6,103,677,614,321.54

Obama's: $2,445,651,513,585.46

Again, busted.


< Message edited by Musicmystery -- 7/18/2011 9:24:45 PM >

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 7:42:20 AM   
erieangel


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quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: popeye1250

Wasn't our debt $4.2 Trillion when Oblunder took office?
What's it now, $14.4 Trillion?



Not quite that bad, but Obama added as much debt in his first 7 months (projected out for the remainder of Bush's last fiscal year and his first fiscal year) than GWB did in his entire 8 years.


One of the first things Obama did when he took office was add the cost of the Iraq and Afghanistan wars to the budget. Bush had those huge costs off the books. Hence the sudden, dramatic increase.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 10:12:22 AM   
domiguy


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quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: popeye1250

Wasn't our debt $4.2 Trillion when Oblunder took office?
What's it now, $14.4 Trillion?



Not quite that bad, but Obama added as much debt in his first 7 months (projected out for the remainder of Bush's last fiscal year and his first fiscal year) than GWB did in his entire 8 years.


What is it like to always be in the wrong? Your posts paint you out to be a very dumb man.


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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 11:16:35 AM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
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quote:

ORIGINAL: Musicmystery

Well let's see.

Bush's first fiscal year started Oct. 1, 2001 --

$5,806,151,389,190.21

And his last fiscal year ended Sept. 30, 2009 --

$11,909,829,003,511.75

That's an increase of $6,103,677,614,321.54.

Seven months into Obama's first fiscal year (April 30, 2010) --

$12,948,738,915,856.86

That's an increase of $1,038,909,912,345.11

So no. You're busted.

Of course, "projected out" sounds so cool....let's project out the cost of starting war in Iraq and Afghanistan from Bush's budget.



http://www.treasurydirect.gov/NP/BPDLogin?application=np

By the way, at this moment, the national debt is $14,355,480,517,097.21, so....

Bush's eight year increase: $6,103,677,614,321.54

Obama's: $2,445,651,513,585.46

Again, busted.



Sorry MM, but the year that ended 2009 includes Obama's stimulus which wasnt part of Bush's budget. Take 800 billion out of his increase and its a $5.3 trillion increase. (Using your numbers, which are a bit off from the Whitehouse numbers.) And using WhiteHouse numbers BASED ON PROVISIONS IN THE 2009 BUDGET (not future increases he will try to ram through) the estimate for his last FY year is $16.7 billion, an increase from the real Bush starting point of $11.1 of $5.6.

Obama's sleight of hand in his speeches about "cutting spending" are actually about cutting increases already built in based on the 2009 budget, not actual spending cuts.

So, my friend, nobody is "busted" except Obama.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:25:39 PM   
Musicmystery


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Joined: 3/14/2005
Status: offline 		Sorry, but the numbers come from the Treasury, and reflect what got spent.

Really, that's the important part for debt.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:27:23 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		So is money taken back like the bank loans and GM put back in those numbers?

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:32:09 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		If we didn't spend it yet, it ain't in the numbers.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:36:29 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		But we spent the money for GM, and then got some back.  We spent money to stress test banks and got some back.

it is the back part that I am unclear on, where those go, they are certainly not revenue reciepts. loans and interest recievables


_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:37:35 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		It's the exact balance of the debt. Revenues minus expenditures.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:42:41 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Yes, and no.  USPS and maybe others are off books still. I get it, I just wish it was more researchable.

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:50:44 PM   
Musicmystery


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Status: offline 		Well then, they wouldn't be part of it.

Comes down to whether the Treasury wrote or received a check.

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RE: Voters Blame Bush Over Obama 2-1 For Financial Mess - 7/19/2011 2:52:04 PM   
willbeurdaddy


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quote:

ORIGINAL: Musicmystery

Sorry, but the numbers come from the Treasury, and reflect what got spent.

Really, that's the important part for debt.


Sorry, but that is NOT what the ratings agencies and investors are looking at wrt to debt and deficits, they are looking foward at ability to pay.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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Profile   Post #: 40
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