A look at the debt clock since 1980 - Auto-Trend Repairs and Service Information Forums

SELLC · CERTIFIED POST WHORE

A look at the debt clock since 1980

Nuffan · No longer a user - left on their own accord.

SELLC wrote:
Since PowerStroker brought up the debt clock in another thread I thought I would spend the time to see just who run up the most debt.
Lets look at the debt clock in 1980 under President Carter
National debt of just under a trillion - $893 billion
Debt per citizen = $4,000
https://usdebtclock.org/1980.html

Under President Ronald Reagan in 1990
National debt of $3.033 TRILLION
Debt per Citizen = $12,506
https://www.usdebtclock.org/1990.html

Under President Bill Clinton in 2000
National Debt of $5.7 TRILLION
Debt per Citizen = $20,000
https://www.usdebtclock.org/2000.html

Under President George Bush Jr. (Iraq war)2008
National Debt of $10.3 TRILLION
Debt per Citizen = $33,925
https://www.usdebtclock.org/2008.html

Under President Barrak Obama in 2016
National Debt of $19.7 TRILLION
Debt per Citizen = $60,841
https://www.usdebtclock.org/2016.html

The idea that each person is indebted, by servitude, $68k and climbing is a GLARING sign that our Government is not doing a good job! We should be WORTH $70k per person with a $22 Trillion surplus! Do we not all agree on this!?
Trump has not made any progress in reducing the debt, which under Obama was "not important" to people like PowerStroker... But even under Trump at least I am true enough to admit that the number is not going down! It's just going up!
So for that reason, he isn't making America any greater than anyone before him, he is spending less than any President currently since Reagan but is on pace to well surpass Bill Clinton given the current numbers... That in no way excuses Obama from spending more than ALL of the Presidents before him! It's just saying that the debt is NOT going down under President Trump, the "status quo" of lavish spending and big budgets on the limitless credit card continues - just at a slower rate... all that could change, but it hasn't.

So far under President Trump for three years June 29th 2019
Current National debt of this writing 6-29-2019 - $22.418 TRILLION
Debt per Citizen = $68,101!
https://usdebtclock.org

Did you honestly expect that inside of a presidents first term you would see a reduction in the national debt?

You might need to understand something....The United States government has never paid one cent in principal since the creation of the Federal Reserve in 1913.

The US government has essentially ran deficits every year since 1913.

And yet you are going to complain that Trump has not reduced the debt?

And that is has only gotten bigger...

WOW...

Imagine where we would be had Hillary gotten elected...just as deep in debt and all of us paying more in taxes...

SELLC · CERTIFIED POST WHORE

This is amazing... Feel like I am on crazy pills!

Back in 2016 people like you were up in arms about the national debt, myself included! But back in 2016 Democrats like PowerStroker said the deficits were okay - now in 2019 PowerStoker is concerned about them and you say they are no longer a big deal!?

Are you fucking people kidding me!?

confuse

SELLC · CERTIFIED POST WHORE

I still feel that the deficit increasing is BAD! Regardless WHO is in office!

And if it isn't a surplus, or at least going down, then you're just making the problem worse!

If that kind of thinking is wrong, I don't want to be right!

-- Edited by SELLC on Saturday 29th of June 2019 07:17:57 PM

PowerStroker · UNSTOPPABLE!

You're not wrong Rex, and actually I was concerned about the debt under Obama too. I gave him a pass on it because when he took office in 2008, the economy was in free fall with 700,000 jobs being lost every month, everyone's housing prices and retirement investments dropping like a brick, and an under-regulated derivatives market that was built on a house of cards that just collapsed. To say nothing of Iraq/Afghanistan war bills that were starting to come in. And to be fair, I will give Obama some criticism with regard to him being more of a free-trader than I would have liked. I have always believed one of the most efficient ways for a nation to build wealth, is to turn raw materials in to finished goods for export. Obama should have done more in terms of tarrifs to protect American manufacturing. Don't get me wrong, Trumps method of putting tariffs on raw materials is not exactly consistent with the goal of increasing exports either.

Obama and Congress rightly went in to further debt to create enough stimulus to turn the ship around. Which is exactly what is needed in such a circumstance. This is why I pretty much gave our former president a pass on the debt increase under his tenure, and it had nothing to do with his politics or party. The reason I balk when Trump did it, is because he inherited a good and growing economy, yet felt the need to "stimulate" it further through off budget tax cuts that you and I didn't see a whole lot of.

SELLC · CERTIFIED POST WHORE

Wait a minute PowerStroker, didn't George Bush leave Obama with a massive stimulus package too?

He sure did! And what did Obama do? Wasted it, got more and then wasted that.

PowerStroker · UNSTOPPABLE!

You're right, a big chunk was wasted on tax cuts because that's the only way the Republicans would agree to any stimulus.

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
You're right, a big chunk was wasted on tax cuts because that's the only way the Republicans would agree to any stimulus.

So you think Obama gave us a tax cut?

When Obama took office, it was democrats in the complete majority....they did not NEED republicans for anything...

Republicans did not take back the house until 2010...

PowerStroker · UNSTOPPABLE!

Actually we did need Republicans, at least for the first 8 months until the legal battle over the Minnesota Senate seat was finally decided. And that is why about $300 Billion of the stimulus package went toward tax cuts - to get it through the Senate. Once Al Franken was finally seated, it was only at that moment that we finally had a filibuster proof majority in the Senate. But even at that point there wasn't a sure deal on anything because of the unreliability of more conservative Democrats like Joe Lieberman, who was often more conservative than some of the more liberal Republicans of the time. So in reality, our super majority was short lived, and not very super anyway when you think about it.

But during that brief window to actually accomplish something, Democrats looked at what would be the largest contributor of future government debt - healthcare, and did everything in their power to improve it and make it as sustainable as possible, at least to the extent they were allowed by Max Baucus (blue dog) and Joe Lieberman (corrupt senator form Aetna).

https://en.wikipedia.org/wiki/2008_United_States_Senate_election_in_Minnesota

https://www.thebalance.com/what-was-obama-s-stimulus-package-3305625

-- Edited by PowerStroker on Sunday 30th of June 2019 10:36:30 PM

SELLC · CERTIFIED POST WHORE

Word on the street is some hot little GOP woman by the name of Stella is gunning for Omar's seat!

I sure hope Stella can win!

We don't need some refugee like Omar, who is not even natural born, mixed up in our Government. Besides, Omar may have married her brother, which is pretty sick IMHO.

PowerStroker · UNSTOPPABLE!

Do you think Stella would be better for the debt, and if so, why?

SELLC · CERTIFIED POST WHORE

I don't know, but she is cute!

And we all know what the Dalai Lama said recently, "must have an attractive face or people won't want to look at it", LOL! Not even kidding!

https://www.cbsnews.com/news/dalai-lama-insists-his-female-successor-should-have-an-attractive-face/

-- Edited by SELLC on Monday 1st of July 2019 03:37:31 PM

SELLC · CERTIFIED POST WHORE

You would have to tell us PowerStroker, she is in your back yard!

Are you capable of making a non-partisan comparison of these two people? We would like to know.

PowerStroker · UNSTOPPABLE!

I haven't researched her, but I highly doubt any Republican could take Omar's district. Another Dem perhaps, but not a Republican.

SELLC · CERTIFIED POST WHORE

Wouldn't a more important question be, "What has Omar done for her district and the state which it resides"?

Well PowerStroker? What has she done? What results has she accomplished!? You mean to tell me she has served all this time as a politician and hasn't done anything but further the agenda of Muslim faith?

Say it ain't so PowerStroker!

That being the case, unless your state is allowing a pocket district to exist with the sole purpose of creating a separate government for Muslims (Sharia Law), then I think Stella doesn't even need any qualifications to run against Omar!

Hell, a fucking pig with lipstick would probably do a better job than Omar!

PowerStroker · UNSTOPPABLE!

That's true of many in Congress... Which means they are doing a pretty damn good job of representing their constituents.

SELLC · CERTIFIED POST WHORE

PowerStroker wrote:
That's true of many in Congress... Which means they are doing a pretty damn good job of representing their constituents.

Yeah, never mind that it usurps the current law of the land.

confuse

You liberals really aren't too bright! Never were!