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TOPIC: Politics--Who Cares
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San Quentin CA |
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(8604 post)
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"my debt figures aren't by MONTH, they are 2 year intervals,"
You need to go back and read your own post. It listed figures for "Control-- Months --Total debt incurred---Average debt/month" Certainly sounded to me like you were talking about months, unless month no longer means month. |
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San Quentin CA |
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(8604 post)
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"Too bad that's not supported by the data."
If you include within your definition of "data" a PROJECTION by CBO, I can't help you. |
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San Quentin CA |
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(8604 post)
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"lso, the last two months of 2002 after Wellstone died and Jean Carnahan was replaced in a special election. The debt increased by about $120 billion in those two months even though Congress wasn't in session. (Which, in itself, is more proof of the silliness involved in your attributing debt incurred during a given month to the party controlling Congress that particular month). "
my debt figures aren't by MONTH, they are 2 year intervals, by Congresses, (ex the 110th Congress 1-3-07 to 1-3-09) |
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Pittsburgh PA |
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(14584 post)
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The only way to turn this around are spending restraint and growing the economy. The only times I recall a congress standing up to a President to reduce spending was the Republicans
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Pittsburgh PA |
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(14584 post)
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Marjorie Mezvinsky provided the tie-breaking vote in the House that led to Clinton's tax increases. She was voted out of office at the next election cycle. Today she is the mother-in-law of Chelsea Clinton.
There have been times in modern U.S. history when the economy reacted favorably to tax increases and times when it reacted favorably to tax cuts. What is the proper prescription for our current predicament? Methinks that only ZZ's shadow knows. |
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Amherst Canada |
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(1700 post)
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"Repubs have written blank checks in other areas, primarily for military but also for entitlements (e.g., their huge expansion of Medicare via Part D). "
lol Actual Medicare Part D spending in 2010 was $61.7 billion, or 47% less than the 2005 projection, according to the report released this year. That's not much of that 2,000,000,000,0000 in mandatory spending |
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Pittsburgh PA |
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(14584 post)
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The federal government spent $3.6 trillion in fiscal year 2011 (which ended on September 30, 2011). Mandatory spending totaled about $2.0 trillion, or 56 percent of all federal outlays. That category includes spending for entitlement programs and certain other payments to people, businesses, nonprofit institutions, and state and local governments. For the most part, those programs are governed by statutory rules that specify eligibility criteria and benefit amounts.
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Pittsburgh PA |
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(14584 post)
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"The main difference between the parties in terms of deficits and the debt, has been that Dems favored tax rates to pay for the spending,"
Are you implying that raising taxes doesn't effect the economy, and reciepts?? Somebody should tell OweBama this, even he doesn't believe it. |
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Pittsburgh PA |
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(14584 post)
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Who's responsible for all the 'mandatory' spending??????????
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Pittsburgh PA |
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TOPIC: Politics--Who Cares
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