canndo
Well-Known Member
Nah, he's using massaged figures to make it bend his way, that myth was debunked the day the administration came up with it.
Plus he's claiming taxes are lower than when Obama took office, which we all know is rubbish.
Tax revenue is lower and of course it is when we have 8.2% unemployment!
Here are the simple irrefutable facts.
Facts About the U.S. Debt
- Today the U.S. Debt = $15.5 trillion
- When President Obama took office in 2009 the U.S. Debt = $9.986 trillion
- When President Bush took office in 2001 the U.S. Debt = $5.629 trillion
- The U.S. owes more money than any other nation in the history of the world
- The U.S. debt is up 54% under President Obama in just over three years
- By the end of President Obama’s first term the U.S. debt will have increased by a larger amount than under President Bush’s entire two-term presidency
- Debt per citizen = $49,300
- Debt per taxpayer = $136,000
- Over 60% of all spending is on the “Big Four" - Social Security, Medicare, Medicaid, and National Defense
We talked about the concept of 'debunked', without comparable figures you havn't 'debunked' anything and the word is quickly becoming politicospeak meaning 'we can't offer counter examples in kind so we are going to claim that it was all an error that we fixed for them but we won't bother to show you the fix. Rather than show the same figures you use over and over again that don't quite correlate to the comparisons chesus gave, how about showing us the debunked figures. I don't see anything about the deficit. The fact that the U.S. owes more money than any other country is meaningless. The percentage of debt over previous debt is meaningless as well. The debt per person has no bearing and the fact that it is in there tends to show that the stats themselves are selected more for their shock factor than for their merit as reasonable fact.
Finally, a portion of Social Security is paid for by the recipients, it can't count.