Why can't Conservatives Balance the Budget?

If the internet bubble lasted forever the debt probably would have been eliminated, yeah.

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>>132140290
You do realize we have even faster internet now right? Internet technology has only advanced but that didn't stop Bush from crashing the economy.

>>132140024
almost all the republicans are neocon faggots who just wage war for the kike military industrial complex.

Economically, Clinton was the worst president in the past 50 years. Impossible to dispute.

>>132140290
>>132140569
>giving Obaba leaf (you)s

you'd better have remembered to sage

>>132140504
Jesus christ you are a fucking idiot.

>inb4 Obamaleaf gives 10000 examples of how Bush did not balance the budget and claims that Trump is doing the same


SAGE SAGE SAGE SAGE SAGE

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>>132140628
Clinton was the best President for the economy in American history. The economy thrived under him, maybe FDR was better but Clinton is one of the best.

>>132140504
Are you fucking retarded? The internet bubble refers to in the 90s when everyone and their grand mother was investing into everything internet related until people realized most of that shit couldn't turn a profit and people sold their stock causing the pop.

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>>132140757
I'm an idiot? I'm the one that supports politicians that actually create jobs, not ones that give tax breaks to billionaires and crash the economy

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>>132140941
Ummm no sweetie. Economics is just a measure of resources, investment is just a means. Having faster internet means a more efficient productive market and more wealth, yet Bush still crashed the economy that Obama took 3 years out of his Presidential term to fix.

>>132141015
Government does not create jobs, demand does. And in fact demand drops when the government takes peoples money (taxes).

>>132141254
>economics is just a measure of resources
Yeah I'm done talking to you

>>132140504
Bush had nothing to do with the economy crashing.

As returns on investment decrease in the late stage of an empire, the upper classes engage in more and more bold forms of extortion from the population, which usually ends in some major rebellion (a la Bolshevik revolution, or nazi revolution - note that both of these were elected democratically by people). 2008 was such an extortion, or the culmination of an extortion which began in the 90s, when the banks worked with the government to create as many mortgage slaves as they could, by allowing banks to loan to people who simply would never pay it back.

The banks knew this, because they are in the business of giving loans. For them to claim they did not know people would be able to pay it back, is like a doctor stabbing somebody in the neck and claiming he did not know they would die.

The government probably did not know or did not think - they seem to run purely on donor money and good intentions.

Jack Bogle thinks we'll never see above 4% growth again. This means you can expect exploitation to increase or a general drift towards asia. China recently allowed limited western investment in their economy. Indonesia getting it's corruption under control would increase the acceleration towards asia.

The lifespan of an empire follows a pretty clear "exponential growth", "peak", "exponential decline" pattern. Usually the decline lasts longer than the growth. So there won't be a "fall", but there won't exactly be growth either.

>Bill had us debt free
And he forced banks to give out loans for houses to niggers who could never pay them back and we know how that turned out.

>>132141285
Except when the government takes money reducing demand they also spend that money via federal spending which increases the demand. Tax and spend liberals are literally the only Presidents who balanced the budget.

>>132141343
Good.

>>132141509
Sorry but the Community Reinvestment Act did not cause the recession. Paul Krugman wrote a very good article debunking nutjobs who said that.

https://krugman.blogs.nytimes.com/2010/06/03/things-everyone-in-chicago-knows/

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Autisim Speaks.

>>132140024

>Implying Republicans in 2017 are conservatives.

Because they don't really want to.
They know trickledown economics is a fairytale that doesn't work.
Their budget plans are set up to deregulate corporations and earn money for them. Thats it. It's not meant to help the working class or balance the budget or do anything besides help their shareholders.

>>132140024
And how would the budget look when America hits 40% white, 30%, 20%? At what point does a deracinated shekelgrabber like OP realize that replacing the productive part of the population with shistskins for short term profit was a really bad long term strategy.

>>132141254
>3 years out of his Presidential term to fix.
Then why did he add 1 trillion dollars to debt ever year of office including the last 5.

>>132141689
"It didn't happen, I know facts say it did and it's been objectively proven countless times, but trust me it didn't happen." Really convinced me. How could I have been so wrong.

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>>132140628

Wrong. Bush increased debt so much your debt graph is increasing exponentially.

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>>132140024
>Based Bill had us on route to being debt free by 2010
Um sorry to hear you believed that line of bullshit, retard, but here was the reality. There is not time in there when our debt shrunk.

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>>132141392
Actually it was Bush who crashed the economy, stop defending this baffoon!

>>132142035
Bullshit math. It only shows obamas first term

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Bush crashed the economy with no survivors.

>>132140024
> leaf
you might want to watch this. accurate record of how the only balanced budget of our lifetime happened.
https://www.youtube.com/watch?v=zG0LCkEILkw

>>132140504
>He thinks its the presidents fault if the economy does good or bad
A high school student could tell you why you're retarded

>>132141707
That's literally what conservatism is about

>>132142043
>bill clinton surplus truthers
Not even the CATO institute a right-wing loon tank doesn't deny that Clinton had a surplus.

http://www.businessinsider.com/how-clinton-surplus-became-a-6t-deficit-2013-1

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>>132142035
>Bush increased debt so much your debt graph is increasing exponentially.
Leaf, our national debt only increased under Clinton, the same as it has under every president for a long time. Again, the reality is that we should be talking about who was in congress, not who was president, because congress makes the laws.

>>132142043
NIGGER CAN YOU NOT FUCKING READ YOUR OWN GRAPHS? DEBT WAS SLOWING DOWN THEN I'M 2000 BUSH CAME IN AND ABSOLUTLEY FUCKED EVERYTHING.

>>132142337
Archive the clickbaiters https://archive.is/OBzIE

>>132142043
>But bill wrote down a plan on a piece of paper
>It's the same thing as losing weight
>Just write down your new diet and exercise plan
>6 months later you lose 100 pounds

>>132142245
>that 2001 spike
Conservatives are literally economically illiterate

>>132142282
I actually happened under based Bill Clinton

>>132142287
The president is the leader of Washington which is in charge of Federal regulations of the economy, only right-wing loons tell you that the President isn't responsible for the economy since they crash it everytime

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>>132142245
>Bush crashed the economy with no survivors.
It wasn't Bush. It was you fucking libtards forcing banks to give home loans to high-risk niggers and spics who promptly defaulted on their loans. That's what cause the recession. It was your refusal to accept racial reality.

>>132142385
>our national debt only increased under Clinton, the same as it has under every president for a long time.

Look at the fucking increments of debt in the graph YOU posted you illiterate sister fucking inbred >>132142043

Bush made your debt graph exponential. It was slowing down, on its way to a bell curve shape and then Bush came along and fucked everything with the (((iraq war)))

>>132142629
No actually, Krugman just explained how that theory is retarded

>>132142385
>mfw it's about to be 20 years since the Clinton balance and there are still budget truthers

>>132142542
Except it was actually working until Bush crashed the economy and decleared two wars.

>>132142629
But it's racist to not give niggers who work at McDonalds for $9 an hour their own home. They need that $400,000 home loan.

>>132141285
>Government does not create jobs
Another example of right wing retard exceptional understanding of economics

>>132142427
>DEBT WAS SLOWING DOWN
Can you read, faggot? Go up to the top of the thread and read the title. We've never had a balanced budget. The debt has only ever risen, even under the GOP senate that did their very best to balance the budget (which your rapist hero then took credit for). Presidents don't make the laws, you fucking idiot.

>>132140844
>not knowing how economics works

FDR was a socialist, and not good economically. His only saving grace was WW2 and they money that came along with production of war material.

>clinton
Clinton paved the way for the housing market crash you dumbass. He was the reason for it. he also made it possible for black women to stay single, have 100 kids, and get paid for having them.

>>132142965
Liberal government creates shit jobs where it's impossible to get fired.

why did obama ruin america worse than bush and clinton?

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>>132142629
>It was you fucking libtards forcing banks to give home loans to high-risk niggers

WHAT ABOUT THE TRILLION DOLLAR IRAQ WAR YOU FUCKING SELECTIVE MEMORY IDIOT

>>132141886
He inherited the worst economics crisis in the last 80 years

>>132143119
Obama outspent bush 4 times.

>>132143008
>FDR was a socialist, and not good economically. His only saving grace was WW2 and they money that came along with production of war material.
War literally destroys the economy more than any depression ever could, the fact that FDR saved the economy despite ww2 shows his exceptional leadership

>Clinton paved the way for the housing market crash you dumbass. He was the reason for it. he also made it possible for black women to stay single
THat was Bush, idiot

>>132142805
>Krugman just explained
Krugman is a leftist shill.
We do agree that it was a HOUSING LOAN CRISIS, right? We do agree that it was caused by subprime mortgage loans, right? Krugman can suck my dick. Those loans were given to shitskins BY ORDER OF DEMOCRAT LAWMAKERS and they promptly defaulted.

And do you even know what a "balanced budget" is? Seriously, how fucking stupid are you? A balanced budget would mean we didn't increase our debt, wouldn't it.

So if you can show me a year in there where our debt DID NOT INCREASE, I will bow down and kiss your ass.

Otherwise you have to kiss mine.

>>132143098
It wasn't all his fault but he did nothing to try and slow down our drunken spending.

>>132142982
You literally cant read.

Bush took the debt up 5 trillion in 8 years.

That's more of an increase than 40 years of other presidents.

>>132140024
Because they always cut taxes more than they cut spending and increase military spending.

>>132143098
Obama saved America from right-wing shitonomics

>>132143347
NO! The banks had surplus money thanks to Bush giving tax cuts to the rich. So they needed to find somewhere to invest their money even at high risks so they pumped up the housing market via risky loans. Not to mention the debt is not related to the deficit directly but indirectly! Yes he balanced the budget but did not pay off the debt with it.

>>132143119
You mean the non-stop state of war that America has been in for literally decades? Which one of us is the "selective memory idiot"?

Hey faggot, open up a new window, and google "Clinton bombed Baghdad." But I guess you selectively forgot all about that.

>>132143402
>That's more of an increase than 40 years of other presidents.
How much did Obama take it up? Come back and answer me, you pedophile piece of shit.

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>>132143237
Yes. That's what we called interest.

That's what happens when the president before you increases the debt more in 8 years than 40 FUCKING YEARS OF PREVIOUS PRESIDENTS.

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>>132143439
this prettymuch. Everybody loves getting a tax cut, but nobody wants to cut the budget. So you end up spending the same amount of money and taking in less, which naturally results in more debt.
>>132143337
>war destroys the economy
oh no, its retarded.

>>132143439
Why give government more money? They don't know how to spend it. You give them less and they have to stop spending it on bullshit programs. They will have to cut something.

If your wife is addicted to shopping or gambling and is eating through your life savings rapidly. Do you give her more money? Or do you close all credit cards in her name and close her checking account?

>>132143696
Do you understand the concept of exponential graphs? Do you understand the concept of interest? Are you retarded?

>>132143777
>he thinks war, the one thing that destroys wealth more than any other thing in existance is good for the economy
oh no its retarded

>>132143703
Obama kept us in Aghanistan for his whole fucking term. I don't see the value of it. /pol/ has infographics on how it was for oil or poppy or rare earth minerals but I don't see it being worth the cost.

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The Balanced Budget Act of '97 was written and passed by the Republican Congress.

Republicans controlled Congress for six out of eight years of Clinton's presidency, and he was a complete centrist. He also worked with Republicans to add work requirements for welfare, which was undone through executive order by King Nigger.

Clinton wasn't a progressive, a leftist; Clinton was all about Clinton. Democrats can't keep pointing to his presidency as some kind of testament to their ideology. He was only successful as a president in that he wasn't a leftist Democrat like O-shithole.

>>132143875
>Do you understand the concept of exponential graphs? Do you understand the concept of interest? Are you retarded?
You don't seem to want to answer the question (under either of your two sock accounts).

Answer the fucking question, you faggot: How much did Obama increase our debt?

>>132144126
Bro, clinton was a leftist democrat. He increased taxes on the wealthy, slashed military spending, and supported keynesianism

>>132140504
Holy fuck you're stupid. Now i remember why it's been months since I've visited /pol/

>>132143949
Full scale war is great for the economy because you are at 100% employment etc. companies are making money hand over fist because they have orders they can't possibly fill. They have more work then can possibly be done.

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>>132143949
>I know fucking nothing about economics and have never read a history book: the post
The war brought America out of the depression for good, you fucking autist. Sure, it destroyed the old European empires, but that only served to further the rise of the USA as a global power. The war created a vast demand, which America's equally vast industrial capacity filled quite nicely. People gained employment, got money, and spent that money.

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>>132144181

>>132141254
wow. Obama leaf really is fucking retarded.

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>>132143337
>War literally destroys the economy more than any depression ever could,
Nigger, American wartime manufacturing is what ended the depression. We supplied our allies with BILLIONS of dollars worth of equipment, materials, and food. War destroys your economy when factories and farms are bombed to shit. When a nation is isolated from the violence and able to produce millions upon millions of tons of goods it's an adrenaline shot. It is what made the US a global superpower.

The thing FDR did was sell out half of Europe to the communists, but that's a different story.

>>132144281
>He increased taxes on the wealthy, slashed military spending, and supported keynesianism
No, faggot. See this is what we can't ever get you fucking libtards to understand. The LEGISLATIVE BRANCH writes the laws. Clinton didn't do any of that shit. Congress did.

"Bush" didn't really increase our debt. "Clinton" didn't really increase our debt. "Obama" didn't really increase our debt.

Which is why it's hilarious that you talk about how much "Bush increased our debt," but you pretend you didn't see my question when I ask how much Obama increased it.

Fair is fair. If Bush is really to blame for increasing it more than 40 years of prior presidents, then the magic nigger is guilty of increasing it more than every past president we've ever had.

But you don't seem to want to talk about that.

>>132144312
>its about the economy stupid
- Based Bill

>>132144419
Well if we had a proper welfare state like Obama tried to initiate then we wouldn't even need 100% employment since people wouldn't even need jobs. And how is companies making more money a good thing?

>>132144485
You have never taken an economics class or read a history book your entire fucking life. The economy in the early 40s was terrible, less welfare, rationed meat rationed butter, inflation. During the 30s you could literally live off a welfare program, during war you had to work 8 hours a day to stay alive.

>>132140024
Entitlements and pensions.

>>132144281
Both parties are Keynesian. Only a very small minority like Rand Paul are not.

>>132144603
Dude, it was FDRs new deal and ending of the gold standard that got us out of the depression

>>132144181

SEE >>132144490

HE DIDN'T SPEND MONEY THE DEBT INCREASE IS FROM BUSHES INTEREST

>>132144686
>If Obama implemented the welfare state we wouldn't even need jobs
>I'm just curious who would work if everyone was on welfare?
And don't say robots because that's just retarded

>>132144777
http://newsroom.ucla.edu/releases/FDR-s-Policies-Prolonged-Depression-5409

You sure about that?

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>>132144686
You're speaking to an economics major, you idiot. The wartime economy finally got unemployment under control, and rations were in place because of the massive demand for foodstuffs (which is a an excellent situation for the producer). Only a complete autist would believe that an economy where you live of of welfare is better than an economy with near full employment. Do the world a favor and neck yourself.

>>132144940
>HE DIDN'T SPEND MONEY THE DEBT INCREASE IS FROM BUSHES INTEREST
So what you're saying is that the debt increase under Bush was Bush's fault.
But the debt under Obama was...also Bush's fault.

YOU HYPOCRITICAL FAGGOT!

>>132144940
>the debt doubled because of interest over the course of 8 years.
No. Slowing the rate of spending growth doesn't means hit when the budget is already exorbitantly inflated. But you're right on the point that Republicans never deliver on budget cuts, and on that point, fuck them.

>>132141254
>the same fake graphs for years
it's all so tiresome

>>132145160
Do you understand the concept of interest? Yes or no?

>>132145128
>But there is no need for anyone to work
>Everyone just gets free stuff
>The robots will take care of me I'm positive
>Everyone can live in a $150,000 house and just get free money

You have to remember anon. You are arguing with a person who has likely never been employed and isn't likely to ever hold a job for more then a couple months.

>>132144940
>HE DIDN'T SPEND MONEY THE DEBT INCREASE IS FROM BUSHES INTEREST
He institutes the largest tax increase in American history (called Obamacare) and you're telling me he didn't spend any money.

Put down the crack pipe!

>>132145057
The people who want even more money. A welfare job is literally more useful than a soldier or a war manufacturer who builds stuff that gets destroyed in one week

>>132145115
Frank Underwood begs to differ

http://house-of-cards.wikia.com/wiki/America_Works

>>132145128
Your speaking to an industrialist here. Only a moron would think war is good for the economy, war increases economic demand, forces people to have jobs, and increases production in useless war material. Please tell me you have cancer so i can laugh at you harder. Only an idiot thinks destroying productivity is a good thing

>>132140024
Conservatives love gibs even more than liberals. The difference is the gibs go to the rich and their own pockets.

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>>132145535
>Do you understand the concept of interest? Yes or no?
Fuck you faggot. You're trying to tell us America never had to pay interest on its debt until your beloved nigger took office.

You lying little pedophile piece of shit! "Do you understand interest?" Do you understand how to read a chart, you fucking retard? Condescending little cunt.

>>132145606
My dad is runs a law firm i will never have to work but i do anyways

>>132145860
this

>>132145607
Insurance premiums increased idiot, you paid for it not the government.

>>132145628
>Your speaking to an industrialist here.
Appeal to authority fallacy. Do you understand what a fallacy is?

>>132140024

not mentioning Reagan's "trickle down" bullshit

He raped the American middle class, gave amnesty to illegals and sucked corporation's dicks
Truly the shit of the shit
Obama did basically the same shit, but gave more freebies to blacks

>>132145923
>getting mad at obamaleaf
might as well start yelling at the tv

>>132145628
>A welfare job is more useful then an American soldier or a manufacturer who creates untold amount of jobs and useful products

How is a "welfare job" whatever that is more useful

>>132145628
>only an idiot believes that any healthy economy needs demand for products being produced
fixed that for ya.
>forces people to have jobs
oh right I almost forgot for a moment that you're a complete autist who lives in a magical fairytale land where big daddy government will take care of your every whim.
>production used in useless war material
god damn I wish you had been president instead of FDR, the nazis might have won.

>>132146003
>Insurance premiums increased idiot
Unsubstantiated and not quantified. Do you understand how arguments work?

>>132146013
Point out the conferderates fallacies or gtfo

>>132146061
>might as well start yelling at the tv
The TV has a better chance of learning from my responses than these Canadian fucktards do, actually.

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>>132145628
>Frank Underwood begs to differ
>A fictional character's economic program in a netflix drama series trumps the findings of two well respected economists
Your mother should have taken it in the ass the night you were conceived.

>>132146013
Appeals to authority are sometimes warranted, but not in this case. He doesn't understand elementary economic principles. He's a communist not an economic major.

>>132145923
You are extremely low iq. Let me put it into terms a retard could understand:

At an Interest rate of 20% will the interest payment on $1,000,000 credit card debt be the same as the interest on $1000 credit card debt?

>>132146130
>Point out the conferderates fallacies or gtfo
Ultimatum fallacy.

>>132146118
Only an autist believes that wasting trillions of dollars in a war which destroys gazillions of dollars of wealth is good for the economy, sorry big big daddy militray wont take care of you

>>132146281
What about Hayek, hes a well respected economist and says war is very destructive to the economy

>>132146392
nice fallacy fallacy

>>132146387
>You are extremely low iq.
Ad hominem fallacy

>>132146481
>nice fallacy fallacy
Appeal to ignorance fallacy

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>>132140024
>us
>flag

>>132146508
You didn't answer.

At an Interest rate of 20% will the interest payment on $1,000,000 credit card debt be the same as the interest on $1000 credit card debt?

>>132140024
Exactly. Clinton would have cruised through 9/11 and the market crash no problem. It was all Bush's fault and those darn republicans

>>132146702
Considering neither of those would have happened with clinton yeah

republicans controlled congress during the clinton years.

>>132146702
He wouldn't have started a useless war for Jews.

>>132146443
>wasting trillions of dollars
again with that fucking nonsense. You seem to fail to understand that the money that goes to making bombs and tanks also feeds families and ultimately feeds back into the consumer market as people begin purchasing luxury goods, especially after the war ends. The war was the spark that started the engine. You also seem to fail to understand that while war causes loss of capital in terms of bombs and property damages, it also generates capital from the sale of products needed for war and the rebuilding afterwards (again which creates a demand to be filled.)

>>132146997
Thats because new money was pumped into the economy which sparked the economy into motion. Again that can be done with mass welfare programs and handouts. Just pay people to sit at home and watch TV, they will buy stuff and spur demand, then pay them more and more welfare to buy more and more luxury until the economy is moving again

>>132146700
>At an Interest rate of 20% will the interest payment on $1,000,000 credit card debt be the same as the interest on $1000 credit card debt?
So you're saying our debt increased by a factor of 1000 from Bush to Obama? No, fool, it increased by a factor of just two.

So if the debt on $9000 at 3% interest is $270, then the debt on $18000 as the same rate is %540.

So much for your Obama excuse.

Pro-tip: If you're going to excuse Obama's debt with the "interest" canard, you'd better be smart enough to understand how enormous the interest would have to be to DOUBLE OUR NATIONAL DEBT IN JUST 8 YEARS.

But we both know you don't know how to do that.

>>132147145
Not welfare. Universal Basic income.

>>132147360
Based idea

>>132147311
Bush increased debt more in 8 years than the previous several presidents did in 60 years. >>132142245


Also see Obamas spending. >>132144490

Its significantly lower than Bush.

>>132147360
>Not welfare. Universal Basic income.
Same thing.

Getting a libtard to understand the simple concept that wealth always has to come from SOMEWHERE is well-nigh impossible, probably because they've been handed everything their whole lives and have no appreciation of where it comes from.

>>132147610
Are you Obama leaf?

>>132147643
Getting a conservanut to understand that wealth comes from somewhere other than MUH TAX CUTS is hard to do.

>>132147610
>Bush increased debt more in 8 years than the previous several presidents did in 60 years.
And by that same token, Obama increased it more than in the entire history of this nation.

Oh, but that's not your pet nigger's fault, is it. Obama himself ASSURED you that he wasn't spending any money. And you're so fucking stupid that you believed him.

>>132147145
and enjoy drowning in debt, ultimately defaulting on said debt, and watching the entire economy burn to the ground. Your arguement is simply retarded and sums up to "why doesn't the gov't just give people money?" The answer is hyper-inflation that would make the Weimar Republic look like a paradise, and soul-crushing debt. The social programs implemented by FDR were enough to keep the economy from going completely under, and tried to fabricate demand by constructing dams, parks, etc. Nazi Germany did the same but on a massive scale. On the surface it worked wonders, but the truth was that Germany was headed for economic collapse by 1940 if they didn't start the war.

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>>132146443
>What about Hayek, he's a well respected economist and says war is very destructive to the economy
Completely irrelevant to the conversation as what ended the great depression. But I'll bite. During and after the War the US was the only standing industrial nation that wasn't shelled and could meed demand. Following the billions of dollars worth of goods produced during the war came the massive ammount of goods and resources needed to rebuild the planet. Billions of dollars in goods from the Marshall plan. This gave Americans a standard of living that the rest of the globe tries to emulate. Post war America was a booming place, and a complete turn around from the shitshow that was the Great Depression.

Hayek also said that massive government spending programs, like welfare, would also trash an economy. But I'm guessing you don't agree on that.

>>132147772
>People should just be handed money. Doesn't that grow on trees?
No, dumbass, it doesn't.

>>132147145
You're either shitposting or taking communism classes at Harvard. Because this is actually what they teach in some classrooms.

But basically you are saying this:

>Small town was given 10,000 Apples so no one would have to work.
>People run out of apples because no one is working
>This time they want 30,000 apples so they can eat AND use the 20,000 apples to trade for luxury goods
>They keep doing this

Do you see a problem developing?

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This guy trying to be me. Cmon man why do you do this? Can you at least give yourself a different nickname please.

You're doing a good job btfo right wing retards I'll give u that.

>>132147835
LOL ok so let me get this straight, spending trillions on wars doesn't cause debt or inflation, but giving that same amount of money to people somehow causes mass inflation and debt? Also the war is what crashed Germanys economy, they never had rations before the war

>>132147772
>are you Obamaleaf

No. I'm a libertarian who doesn't like Obama by I realize Bush was worse.

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>>132144126
Republicans had nothing to do with the Clinton surplus. They pissed it away the moment they could under Bush.

>>132140024
Because they don't want to. Politics is just as much like pro wrestling as the media is. It's called the Hegelian Dialectic.

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>>132147772
I'm Obama Leaf. Apparently I'm multiplying. Bad news for you right wing retards.

>>132148038

check out this freshly made >>132148127

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>>132147784
>And by that same token, Obama increased it more than in the entire history of this nation.

Obama's spending was low. Do you understand the concept of interest?

>>132147855
I'll bite. The government spending trillions on war is the same as the government spending trillions on wefare, same impact on the economy.

>>132147883
It gets made by factories actually that are fully automated

>>132147903
Your trolling right? Robots will get the apples

>>132148038
Well to be fair i never claimed to be you i never said i was obamaleaf. I'm just using your method since it's the best at BTFOing right wing nuts. I even asked another leaf if he was obamaleaf.

>>132148051
>spending trillions on wars doesn't cause debt or inflation
"Trillions!" Calm down, leaf. We spend "trillions" every year on socialized help programs that we don't need. We spend more every year on that shit than we spend on the entire Iraq war.

I can tell math is not your strong suit.

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>>132148051
hey buddy gj btfo right wing retards itt

u should come up with a nickname for yourself

when right wing retards claim that 1997 had anything to do with the clinton surplus please show them this >>132148127

the budget was already on its way to being balanced thx to the 1993 clinton tax hikes on the rich

I should watermark my charts...

>>132148352
>Maybe if I keep repeating this insulting, retarded question over and over, my opponent will give up and stop pointing out that Obama doubled our national debt in just 8 years!
No, I won't.

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>>132148367
Fair enough. I see that gj bro gj

i made some fresh charts >>132148127


let me know if u have any questions

>>132148283
That would actually be sick, having more and more leafs following your footsteps until there is a whole online army of Obamaleafs BTFOing right wing retards

>>132148399
>the budget was already on its way to being balanced
But it was never balanced because um, um, um...

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>>132148552

>>132148531
Got no questions right now man, im just glad you got me off the alt-right and now i see the truth that right-wing retards don't want to hear.

>>132148051
Actually during the first two years of war Germany's economy continued to chug along just fine ( controlling all of europe's production and holding it hostage will tend to do that ) but that's beside the point. The difference you don't seem to understand is the demand for production in the private sector verses trying to fabricate demand through mass government investment. Private investment, almost always, will be more ffecient and effective, while also resulting in less inflation because the currency entering the market isn't simply dumped in en masse, but created as people work jobs and go about their lives.

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>>132148655
looks at chart >>132148531

Republicans had nothing to do with it. They claimed Clinton's policies would fail >>132148399

then when they succeeded they tried to take credit for them

Then they pissed away the Clinton surplus the moment they could. After Clinton fucking warned them not to.

>>132148399
Thx man. I have used that argument before but never got a chance to refute it. The economy was being brought into a surplus before Bush gave massive tax cuts to the 1% . I would watermark the charts if i were you.

>>132140024

Budget is Congress. It was the Republican Congress. Billyboy simply signed it.

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>>132148694
Glad to hear it bro. Tax cuts for billionaires are for right wing shills and billionaire globalist supercucks.

I'm glad you see the light.

>>132148499
I ask because you genuinely seem like you don't understand the concept of interest.

How did he double the debt if his spending was low?

>>132148701
Isn't spending trillions on wars a public investment? The government spurring demand by putting billions or trillions into circulation on military equipment the same as a public investment? Why does that not work at creating jobs?

>>132148531
>let me know if u have any questions
Why are you literally so stupid that you think presidents pass the laws in America?

See, fuckhead, we have three branches of government: Legislative, executive, and judicial. The legislative branch writes the legislation. (The name gives it way.) The president is not part of the legislative branch.

Bonus question: Which house controlled congress at that time?

>>132148868
Actually Bill took leadership roll and enforced the budget to balance, after Bill was out and they got their little buddy Bush in office they were able to deficit spend trillions on useless wars

>>132148932
Definitely man, definitely. And these guys claim to be the anti-establishment? LOL

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>>132148845
Yep use this chart. >>132148127

It will help you.

here are some quotes of Republicans predicting economic doom from Clinton's tax hikes on the rich

then just a few years later they try to take credit. they truly are the biggest degenerates on the planet

also >>132148399

>>132148957
>How did he double the debt if his spending was low?
You honestly don't know how to compute the interest rate to double our debt in 8 years, do you? HAHAHAHAHAHAHA!

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>>132141254
>Economics is just a measure of resources, investment is just a means. Having faster internet means a more efficient productive market and more wealth

>>132148367
ah, I see you've gone from "war destroys the economy" to "both have the same impact."
It's only a matter of time now.

>>132147883
>Doesn't that grow on trees?
It grows out of cotton and ink

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>>132149097
They are nothing more than GOP establishment shills. They will dindu it, but deep down they know they are

Trump is Bush 2.0

>>132148367
>Fully automated factories

Who makes these robots? Other robots? Who makes these other robots? Where are the raw materials gathered from to make the robots? Who is going to plan out all of this? Robots? Who is going to design the robots? More robots?

By the way if this does ever happen, you will be living in a 10 foot by 10 foot coffin apartment and given 3 blocks of "food" a day. You do realize this right? If 80% of everything in the Us becomes automated the welfare will become automated as well.

>>132149097
>enforced the budget to balance
How'd he do that? Executive branch doesn't write the laws. Every third grader knows this.

>>132149102
HAHAHAHAHA Republicans are literally like afrocentrists trying to claim every civilization on earth. I can't wait until /pol/ becomes a pro-Obama/Clinton board. Looks like we already have 3 Obamaleafs on this thread, me, you, and some other leaf is defending Obama.

>>132149180
>They are nothing more than GOP establishment shills. They will dindu it, but deep down they know they are
Quite talking to yourself, faggot.

>>132149145
>trying this hard to make excuses for dubya
LOL

>>132144126
contract with america newt and dole helped get it done, last time the gov't worked for us

>>132148367
>The government spending trillions on war is the same as the government spending trillions on welfare, same impact on the economy.
It is not. When the government spends trillions on war what is it buying? It is buying physical goods, which need to be made. That forces companies to look for more employes to make said goods. Since the goods are made on contract, they need to make a lot of them. Those goods could be destroyed, so the demand will be in place as long as the war is going on.

Paul Samuelson stated in 1943 that once the war ended the world would be staring down the barrel of a massive economic crisis. What happened after the war is that the private sector took up the demand for post war goods.

With welfare, you are just giving them money. They could buy things, but they don't necessarily have to.

https://www.mercatus.org/publication/economic-recovery-lessons-post-world-war-ii-period

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>>132149030
It was Bill Clinton's 1993 tax hikes on the rich that led to the budget surplus. Republicans had nothing to do with it. It was his economic plan.

>>132149102
>>132148399


Bonus question: Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

>>132148531
>>132148552
>>132148352
I'm gonna get a Canadian proxy, kek.

A new meme as born

>>132149244
>we already have 3 Obamaleafs on this thread, me, you, and some other leaf
It's just you: Sock 1, Sock 2 and Sock 3.
You honestly think we don't know?

>>132149244
I love it when their paranoia and delusion gets so triggered >>132149288

this is fun

>>132149321
>Bill Clinton's 1993 tax hikes
Presidents don't write the laws, moron.

>>132148995
Last time I checked the weapons manufacturers in WW2 were privately owned, did their own hiring and firing, etc etc.

>>132149160
War destroys the economy in the sense that productivity is wasted on stuff that only benefits war manufactures while welfare spending focus productivity on stuff people need. They both have the same stimulas effect

>>132149180
Just glad someone else said it. Trump is literally following Bushes footsteps. CultofDusty made a video on that but all the kekistani frogs downvoted it into oblivion

>>132149195
There still are humans but automation reduces the labour needed and thus the cost

>>132149102
You do realize the FED manipulates the economy. The Fed is a consortium of private banks most of which are based outside of the US. Congress and the president have little to do with it other than getting rid of glass steagall (which happened under clinton) which allowed banks to speculate with your money creating the numerous bubbles since that time.

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>>132149357
it's like christmas in july

>>132149214
President has a huge influence over the legislative branch, and no third graders don't even know what politics is.

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>>132140024
Because the old business adage of "you have to spend money to make money" for some reason doesn't work for government because some Jews from Austria said so.

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>>132149375
>being this retarded

EVERYONE WHO DISAGREES WITH ME IS OBAMALEAF REEEEEE

I fucking love it

>>132149311
Except the reason the economy thrived after the war is due to the fact that productivity didn't have to be wasted on war material it could be used on actual products people want.

>>132149615
>President has a huge influence over the legislative branch, and no third graders don't even know what politics is.
Which party was in control of congress for the last six years of Clinton's presidency?

Hint: It wasn't Democrats.

>>132149311
>It is not. When the government spends trillions on war what is it buying?
And when the gov gives money to the people as welfare, then the recipients will also buy "physical goods" (lol at you trying to sound smart).

Except that with welfare payments the standard of life of the entire american people rises, and with military spending the welfare queens get better AC

This reply left intentionally blank.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson

>>132149678
>I fucking love it
I love fucking your mom.

What did BHO do for the debt you fucking retard? Hahaha!!! Lefty cryhard!!!!

>>132149375
LOL! I am actually a completely different person to Obamaleaf, i just follow his footsteps after being absolutely btfo by his graphs which prove that democrats improve the economy while republinuts crash it.

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>>132149743
Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

>>132145128
>You're speaking to an economics major
>all his posts are elementary school tier and /pol/ memes

hmmm

>>132149528
Welfare spending creates a class of people that contribute nothing at all to society except for their purchases, while demand via the private market ( for war or anything else ) gives people jobs, and thus each person is contributing to society instead of acting as dead weight. And as far as "stuff people need" goes, the demand for weapon happened because we NEEDED bombs to fight the war. That's how capitalism works: there's a need, and production rises to fill it. There was little demand before the war, and thus the economy sagged. Again, the war, in essence, restarted the economy.

>>132149900
>I am actually a completely different person to Obamaleaf
I totally be-leaf you, faggot. Say hi to your mom for me.

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>>132149900
Wew I'm blushing. Thanks Leafbro

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>>132149817
>being this assblasted that you resort to mommy insults

>>132149915
>Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?
Um, no, GOP congress took over in 1994. They are the one's responsible for the budget surplus you're trying to credit your cum-stain failure Clinton with.

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>>132145128
>You're speaking to an economics major, you idiot.

>>132149453
And the companies that the welfare bros will buy from are privatley owned too.

>>132149564
The FED can be used to manipulate the economy which is why you don't elect a Republican who will put a nutjob in there. Obama actually appointed good people who knew how to run an economy.

>>132149743
Republicans were just waiting until Clinton left so they could get Bush buddy to crash the economy with trillion dollar wars

>>132150021
No problem man! Just got to say the truth.

>>132150056
>please stop fucking my mother
Nah, I like the way she begs for my cock.

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>>132149954
nice argument m8.

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>>132140024
It was actually REPUBLICAN Newt Gingrich & the REPUBLICANS that LED to that balanced budget

But Rapist Bill took the credit.

>>132150072
>Shit on Clinton and Obama economy like screeching autists
>"Hmm, no sweaty, the booming period of Clinton and Obama economy was the responsibility of Republicans, ok?"

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>>132150072
>Um, no, GOP congress took over in 1994

lol no they didn't.

see what i mean

u know fuck all about your own country

Now answer the question properly

Um, no, GOP congress took over in 1994

Based Bill Clinton handed George Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

see

>>132148932
>>132148127

>>132149742
>Except the reason the economy thrived after the war is due to the fact that productivity didn't have to be wasted on war material it could be used on actual products people want.
That's what I've been trying to get across to you dipshit, and I even provided you an article that says it. That still doesn't change the fact wartime spending finally drug the US out of the depression.

>>132149749
>portugal
>economic advice
No thanks. Enjoy your massive debt.

http://escholarship.org/uc/item/4702x2jm#page-1

>>132140024
You cannot have a surplus while still increasing your debt. Claiming your international debt is all your debt in order to fake reducing it is how Japan killed it's economy.

>>132149966
Well if there was actually a need for the military weapons than yes, but if you are doing war spending for the sake of war spending there is much better alternatives

>>132149678
They literally think you are posting with three different accounts as if you had 6 different hands lol

>>132150145
>implying there will be anything to buy when everybody lives off of welfare instead of working
kek

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>>132150145
Exactly. Life is a lot easier when you have facts on the truth on your side.

Tax cuts for the rich don't pay for themselves and don't trickle down like these retards believe

>>132150145
>Republicans were just waiting until Clinton left so they could get Bush buddy to crash the economy with trillion dollar wars
Um, faggot, they were in charge of the budget for the six years when it was approaching balance. Then Dems took over the Senate and the budget promptly went to shit.

Seeing a pattern here? (And I'm not referring to the pattern of my cum on your mom's tits.)

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>>132150273
Newt had nothing to do with the Clinton surplus. He got btfo by his own in party in disgrace in 1998 and hasn't held office since. The Republicans pissed away the Clinton surplus the moment they could under Bush

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>>132150348
they must think i can type 500 wpm

they truly do think i am a leaf god

>>132150273
While bill was cutting military spending the republicans were trying to drag the economy into another useless war

>>132150315
It's spending in general that pulls economies out of recessions, that's the entire bill clinton/democrat platform

>>132150328
Japans economy is actually doing fine, right-wing retards want it to collapse to prove a point

>>132150348
I'm pretty sure the british needed those weapons pretty badly desu. I'm not going to start on our policy in the middle east, even though I feel like we would agree on far more on that topic.

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>>132150348
Looking at this chart, and reading right wing retard posts in this thread, you can clearly tell that these morons have no fucking clue what a trend is. They think some shit Republicans did in 1997 retroactively started balancing the budget since 1993. These retards need help

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>>132150209
It wasn't supposed to be a argument, it was a insult. I would have thought that a economics major (lol) would know the difference.

But i don't really expect nothing from social """sciences""" majors.

>>132150315
>have no argument
>insult flag

xDDDDDDD

>>132150370
>implying there will be anything to buy when all the production goes to making tanks and military equipment
kek

>>132150385
It's the most retarded theory in existence, if we give the rich more it will make everyone richer, LOL

>>132146702
i think you mean gore, clinton had his 8 and we had the recounts and "hanging chads" with the bush/gore election in 00, everyone was hoorah-ing every law and expense after 911 never made sense to me that we were that vulnerable on the east coast in NYC. we were never that vulnerable in NC in the 80's when I was in the USAF -just BS just to make $ for the banks and run up debt on us slaves

>>132140024
Why did Obama raise the national debt to levels not seen since the second world war?

>>132150056
>Country irrelevant since it lost Angola to a bunch of apes

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>>132150540
>Bill Clinton never bombed Baghdad. It's all part of a "vast right-wing conspiracy."

>>132150387
Bill made sure that the economy was running fine by vetos and executive orders since he knew that if he left it up to republicans the economy would crash with no survivors.

>>132150517
I'd take it as a compliment LMAO

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>>132150759
Now right wing retards are dinduing the Bush GOP Iraq War? Are you for fucking real?

Why is your go to move always to dindu?

>>132150315
>That still doesn't change the fact wartime spending finally drug the US out of the depression.
And it promptly crashed once the war ended, reaching grand depression levels of shittery, compounded by markets which were unwilling to lend the USA money. It wasn't until the 50's that things started to pick up again, meaning any benefit of the war effort post-war was not only too small to matter, it left the economy in a more vulnerable state than before.

Only everyone else being a bigger shithole help the USA stop being a shithole, which in turn help the other countries recover as trade was open (which is why the post-war recovery of Japan, Germany, and the rest didn't truly start until the 60's).

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>>132150712
>since it lost Angola
And who we have to thank for?

That is right, the biggest nigger lovers in this world, USA!

Also

>have no argument
>insult flag
i guess i will kill myself now. How do i stream it?

>>132146940
the US has been in perpetual war for a 100 years now, who is the federal reserve?

>>132150838
Bush is a fucking memory hole for the GOP because they'd need to admit they elected a complete and utter dipshit who drove the country right off a cliff.

>>132150620
>Looking at this chart, and reading right wing retard posts in this thread, you can clearly tell that these morons have no fucking clue what a trend is.

Just one question, faggot. Who was president when that "trend" started, right at the beginning of 1992? Isn't that the person you should give the credit to, since you refuse to admit presidents don't make the laws?

Consider yourself owned.

>>132150645
>implying war lasts forever
Again, it was the spark needed to get the engine roaring. The difference between just handing people money and the creating of jobs through natural demand is, and I believe I mentioned this before, giving handouts creates a class of citizens that produce nothing of value and only consume. Somebody has to do the producing, unless you want to enslave a billion chinks so we can have a welfare (and indebted, and hyperinflation-riddled) paradise...

>>132150540
>It's spending in general that pulls economies out of recessions, that's the entire bill clinton/democrat platform
Not necessarily. As mentioned earlier Hitler spent a massive ammount of the State's dime on public works and it was running into a wall with it. In fact, now that I think about it, the same thing happened to Roosevelt in 1937.

http://rooseveltinstitute.org/roosevelt-recession/

>>132150623
You're more than welcome to read the article I linked that talks about Portugal's unemployment rate, welfare, and how it is unsustainable.

>>132150580
In the case that the U.S was selling the weapons abroad yes that would help the economy, but spending on war material that you use doesn't help the economy.

>>132150620
>when you realize Republicans literally must believe in time travel for their theories to make any sense
It's top tier delusion!

>>132150702
Because Bush left him with the worst economic crash in history, there was no where but up for the debt to go.

>>132150759
Ask Obamaleaf, i only know his economic policies

>>132150540
>Japans economy is actually doing fine, right-wing retards want it to collapse to prove a point
>hey, weren't you the guy who had a cast on his arm cause you broke it?
>nah, man, can't you see I am currently not wearing a cast, so therefore I was never wearing one

I know stupidity is the way of the leaf, but come on. Additionally, you didn't actually respond to the actual points:

1.) increase debt means you can't have a surplus
2.) Clinton was a liar trying to get reelected, much like Dilma

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>>132151039
Instead they just dindu his entire 8 year presidency. I see it everyday on here

they will dindu trump the same

>>132150838
>Bill Clinton never bombed anyone.

Jesus, fucking kill yourself!

>>132143337
Don't forget the fact that FDR confiscated your gold and silver in that period of time.

>>132150145
Getting lectured by a no nothing leaf is pretty hilarious. The Fed isn't "used" by the government it controls it through monetary policy. The politicians from both sides then act like they are doing something.

https://www.youtube.com/watch?v=sGFDozNhTtI

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>>132140504

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>>132151127
there is no trend in 1992.

u just proved my point

u retards are fucking hilariously stupid

u don't know what a trend is

all i see are massive deficits under 12 years of Reagan/Bush

Reagan blew up the deficit with this 1st year retarded budget and it never recovered. >>132148127

>>132151132
What about mass new deal projects that FDR did, that would spark the economy as well without needing a war

>>132151191
Why does it make a difference if the spending is on war or on infrastructure?

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>>132151260
Who invaded Iraq with hundreds of thousands of troops at the cost of trillions of dollars?

cmon dindu do what u do best dindu dindu dindu

>>132151194
the money that goes into war material also goes into the pockets of the workers producing the war material. A bomb explodes only once, but the dollar goes from the boss to the worker to the grocery store etc etc. Again, I'm not advocating for a war-fueled economy, just arguing that the massive demand caused by WWII ultimately led to consumer growth.

>>132151201
http://www.businessinsider.com/how-clinton-surplus-became-a-6t-deficit-2013-1

You gonna learn someday boy

>>132151298
>not realizing he paid the people back in cash.

>>132151405
>I refuse to acknowledge what my own chart shows

>>132151526
>Who invaded Iraq with hundreds of thousands of troops at the cost of trillions of dollars?
*Yawn* How many trillions?

>>132151407
I dunno, what difference does it make if you spend your money on a car vs spending it on crack?

>>132151563
Learn what? Succinctly explain how you asking for a loan from your parents rather than a bank suddenly means you made a surplus of 100 dollars as long as you don't count the loan from your parents.

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>>132151621
I just told you what it shows.

Reagan blew up the deficit with this 1st year retarded budget and it never recovered. >>132148127 (You)

Are you admitting that tax hikes on the rich increase revenues and reduce the budget deficit?

Are you really going to annihilate your entire GOP establishment cuck ideology by answering that question correctly?

>>132147360
these social programs are our social security fund they are raiding, they started in 1967 right after the immigration debacle was signed in 65. that's why we are so far in debt not enough workers to fund the programs and 3rd worlders can't make enough to pay for the baby boomers as living costs and medical care costs skyrocket, probably a lot of o-care's hidden costs are to cover this-that's what they can't figure out. the economy will just have to crash and the parasites will have to go back home- we can't give free lunches to the world anymore

>>132151356
No idiot, the FED plays an important role in the economy, as long as a republinut doesn't put goldman sachs in charge of it it will be fine.

>>132151555
Same could be said about paying people to dig a ditch and refill it over and over again. It's basic keynesianism and Bill clinton used it for more constructure purposes.

>>132151663
Its in the picture, read it

>>132151563
>You gonna learn someday boy
Sorry, but Clinton did not create the budget surplus:

https://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget

>>132151407
I mentioned before the fabrication of demand through projects like those. These programs helped to soften the blow, but the economy remained in a slump. The programs of the nazis were essentially FDR on steroids and they did work, but the amount of debt was so massive that if the nazis hadn't started the war by '40 their economy would have collapsed. Only the influx of capital from conquered territories was enough to keep it afloat.

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>>132151663
>dodges the question

answer the question bitch

Who invaded Iraq with hundreds of thousands of troops at the cost of trillions of dollars?

"Illegal wars"

>>132151407
>What about mass new deal projects that FDR did, that would spark the economy as well without needing a war
Re-read the article I posted earlier.

>Why does it make a difference if the spending is on war or on infrastructure?
As soon as the project is done or the war is over the demand for employees goes away. Now you have guys that are unemployed again and have to tighten their belts. Which is what happened in 1937 when the unemployment rate jumped up from 14 to 19 percent. We got lucky when the WWII ended that the demand for goods stayed consistent, and in some areas went up, thanks to the repairs that needed to be done.

If the war ended and demand wasn't there we would have been fucked.

>>132151794
>I just told you what it shows.
Sorry, faggot, I can't hear you. What is the starting year of the upswing on the budget? What year did it start?

For some reason, you don't seem to want to look at your own chart.

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>>132151863
lol

first the right wing think tanks bitched that his taxes on the rich wouldn't balance the budget. then when they did, they dindud

u right wing retards are total and complete degenerates

>>132151860
>Its in the picture, read it
Sorry, how many trillions?

Why don't you want to say?

>>132151860
not the same as "digging a ditch and refilling it over and over," its a matter of producing to fill demand. Demand for bombs, demand for tickle-me-elmos, or demand for dildos.

>>132151733
>I dunno, what difference does it make if you spend your money on a car vs spending it on crack?
In fiscal terms? Nothing

>Learn what? Succinctly explain how you asking for a loan from your parents rather than a bank suddenly means you made a surplus of 100 dollars as long as you don't
Because the government borrowed from itself, literally free money

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Every fucking damn time rapist and king nigger leaf returns to shitpost /pol/ eagerly sucks his dick and gives him (you)'s

reconsider ur fucking lives, he does this on a monthly basis and it's always the same fucking thread and images

>>132151999
>first the right wing think tanks
That's an empty generalization. "Trust me, they hated it." Well I DON'T trust you, faggot, because you lie constantly.

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>>132151971
1993
lol that was easy

now u answer mine bitch

Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

>>132152011
6 trillion

>>132152129
>1993
>lol that was easy
That's not what your own chart shows.

Why are you lying? Feeling cornered?

>>132152128
Well this is from Heritage >>132151999


read these quotes >>132149102

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>>132152230
except that is what it shows

Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

>>132152205
>6 trillion
Try $2 trillion, you lying sack of shit.

>>132147855
and the allies had to repay us for the supplies we provided, and we all made money on "the spoils" the tech we got from the axis powers after the war, and the mid east was opened for oil exploration, it was a boom for the USA

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>>132141254
Jesus Christ, you are dumb. Even the Case-Shiller index shows the housing bubble started in 1995. Right after Clinton created the National Homeownership Strategy. The housing bubble was caused by Clinton and the economy collapsed when the FED raised rates.

http://www.zerohedge.com/news/2015-06-10/20-years-later-bill-clintons-home-ownership-dream-america-dead

https://www.youtube.com/watch?v=cMnSp4qEXNM&ab_channel=ProudToBeCanadian

https://www.youtube.com/watch?v=Lr1M1T2Y314&ab_channel=harvardlawgrad

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>>132152129
>pic related is republicans trying to keep clintons surplus

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>>132152342
>he doesn't know the costs for the Iraq War continue accruing for decades >>132151526


this is why u retards can't be trusted with money, or with political power

>>132151794
No because tax hikes on the rich or on companies only get passed on to the consumer dumbfuck. The taxes don't even affect them. Taxes make everything more expensive making it harder for the poor to afford shit. Look how raising minimum wage actually hurts low income workers because companies cut hours and cut jobs or move to robots. Wake up.

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>>132152375
Oh look it's another Bush dindu nuffin episode

as predicted

George Bush: we want everybody in America to own their own home. That's what we want.
https://www.youtube.com/watch?v=GkAtUq0OJ68&nohtml5=False

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>>132152449
LOL

check the date on this

Right wing retards CANNOT be trusted with money

>>132151194
>Worst economic crash in history.
Either read a book or stop sounding like a retard.

>>132152342
6 trillion over the course of 4 decades, you gonna learn someday boy

>>132152375
Actually bush started the bubble with his retarded housing policy

https://www.youtube.com/watch?v=GkAtUq0OJ68

>>132152452
>he doesn't know the costs for the Iraq War continue accruing for decades
"Continue accruing"? Explain to us how that works. Are the costs for WWII still accruing? How about Vietnam, how about Korea.

Sounds like you're making shit up. Even the leftist sites I'm checking say $2 trillion. What source are you using?

>>132151860
COMBINED LIST OF GOLDIES TIED TO THE OBAMA GOVERNMENT.
This lists compiles the names above and those in the prior diary on this. For more detail on names not annotated in this diary, see the earlier diary linked here):

ALTMAN, ROGER.
BERKOWITZ, HOWARD P.
BIDEN, JOE.
BRAINARD, LAEL.
BUFFETT, WARREN.
CLINTON, HILLARY.
CRAIG, GREGORY. (revolving door)
DONILON, THOMAS.
DUDLEY, WILLIAM C.
EFFRON, BLAIR W.
ELMENDORF, DOUGLAS.
EMANUEL, RAHM.
FARRELL, DIANA.
FRIEDMAN, STEPHEN.
FROMAN, Michael.
FUDGE, ANNE.
FURMAN, JASON.
GALLOGLY, MARK.
GEITHNER, TIMOTHY.
GENSLER, GARY.
GEPHARDT, RICHARD (aka “DICK”) A.
GREENSTONE, MICHAEL (revolving door to Hamilton Project)
HAMILTON PROJECT, THE
HORMATS, ROBERT.
KAGAN, ELENA.
KASHKARI, NEEL.
KORNBLUH, KAREN.
LEW, JACOB (AKA “JACK”) J.
LIDDY, EDWARD MICHAEL.
LIPTON, DAVID A.
MINDICH, ERIC
MURPHY, PHILLIP.
NIEDERAUER, DUNCAN.
OBAMA, BARACK H.
ORSZAG, PETER.
PATTERSON, MARK.
PERRY, RICHARD.
RATTNER, STEVE.
REISCHAUER, ROBERT D.
RIVLIN, ALICE.
RUBIN, JAMES.
RUBIN, ROBERT.
SHAFRAN, STEVEN.
SPERLING, GENE.
STORCH, ADAM.
SUMMERS, LARRY.
THAIN, JOHN.
TYSON, LAURA D’ANDREA.

You're not very smart.

>>132152680
>6 trillion over the course of 4 decades, you gonna learn someday boy
Source?

>>132152554

Yup bought a home in 2005. Watched the market sell off due to a global recession. Made a ton of money investing the dip. Made a ton of money.

Thanks based Bush!

>>132152663
In terms of actual value yes it was, read a book republinut

>>132152623
HAHAHA just two months into Bushs term and he's already screwing up the national economy.

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>>132152466
>No because tax hikes on the rich or on companies only get passed on to the consumer dumbfuck.

No they don't. That's what your billionaire globalist overlords programmed you to believe so you wouldn't raise taxes on them.

The economy soars when u raise taxes on the rich.

>"It is striking to note that the best growth years for the bottom 99 percent since 1990 have taken place in the mid to late 1990s and since 2013, shortly after increases in top tax rates," Saez wrote.
http://www.tampabay.com/news/business/economicdevelopment/study-obama-tax-hikes-on-rich-didnt-hurt-economy-or-rich/2301353
>Look how raising minimum wage actually hurts low income workers because companies cut hours and cut jobs or move to robots. Wake up.

Lol Seattle's min wage is $15/hour, unemployment is 3%. Employment, hours and wages are booming. A few small mom and pops cut a few hours and you filthy corporate shills are triggered beyond repair.

>>132152554
You keep showing that video, but you are not dumb enough to actually think that was the sole cause of the recession right?

>>132151194
>Because Bush left him with the worst economic crash in history, there was no where but up for the debt to go.
And now Obama has left Trump with an ensuing recession as a result. Swings and roundabouts.

>>132152741
Difference is Obama made sure they weren't working at goldman sachs anymore before they dealt with the obama administration

>>132152805
Are you blind? Obamaleaf just gave you the source

>>132152048
>In fiscal terms? Nothing
Well, sure, 100 dollars of drugs and 100 dollars worth of car will appear the same on a receipt, but their economic benefit clearly is different.

>Because the government borrowed from itself, literally free money
That only works if you don't have pay it back, and the only way to not pay it back is to renege on paying social security. So basically, you are saying Bill Clinton's surplus was all about screwing old people.

>>132152823
>In terms of actual value yes it was, read a book republinut
Taking inflation in to account it is not even close to the damage the Great Depression caused

>>132152823
Then every crash is going to become the worst crash in history due to the inflation. Of course, you try to weasel your way around from the truth as usual.

>>132152935
Obama left Trump with one of the best economies decades besides Clintons. It wont be long before Trumped Up Trickle Down crashes the economy

>>132152986
Except he's litearlly paying it back to his own people, it's differen't

>>132152330
Bush realized you couldn't screw over a bunch of old people from their money forever if you wanted to get reelected.

Didn't bill repeal the blue steel cologne act that made sure banks didn't gamble their monies away?

>>132153129
Not due to inflation, due to actual productivity decrease. Yes great depression was way worse due to how little people had but in terms of value 2008 was the worst

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>>132152737
Are you actually this fucking retarded? The interest costs on the Bush GOP Iraq War are massive. It was completely unpaid for. Bush fucking cut taxes and went to war. Secondly, do you know how many wounded vets there are?

>Are the costs for WWII still accruing?
>How about Vietnam, how about Korea.

Yes. What are veterans?

I'm not saying they shouldn't be taking care of, but those are costs that the US takes on for decades after a war is done.

That's the problem with u right wing retards. You love banging the war drums but take no scope of the costs, both physical and financial.

I love how you're trying to justify the Bush GOP Iraq War by saying it only cost $2 TRILLION

Fuck you're retarded man what is wrong with u.

>>132152863
You need to get a grip. "Obamacare" which really only forces people to buy insurance (creating monopolies) forced businesses to cut hours so they didn't have to offer insurance (forcing the employee to get it on his/her own). Now people have two to three part time jobs instead of one full time job.

>ITT: ObamaLeaf jerking off to his own crackpot arguments
Nothing to see here folks. Don't let your Autism get in the way.

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>>132150283
The Republicans took over the Senate and House in the 1994 election and were sworn in Jan. 1995. I am old enough to remember this. Also the economy was pretty shitty for most of the 90's. It wasn't until the tax cuts in 1997 that the economy took off.

https://en.wikipedia.org/wiki/Taxpayer_Relief_Act_of_1997

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>>132152813
That's the problem with you Republicans. You actually love crashing the economy

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>>132143337
Holy shit... we're gonna need a bigger (you). That was the most retarded speil I've ever heard.

>>132152863
>This paper evaluates the wage, employment, and hours effects of the first and second phase-in of
the Seattle Minimum Wage Ordinance, which raised the minimum wage from $9.47 to $11 per
hour in 2015 and to $13 per hour in 2016. Using a variety of methods to analyze employment in
all sectors paying below a specified real hourly rate, we conclude that the second wage increase
to $13 reduced hours worked in low-wage jobs by around 9 percent, while hourly wages in such
jobs increased by around 3 percent. Consequently, total payroll fell for such jobs, implying that
the minimum wage ordinance lowered low-wage employees’ earnings by an average of $125 per
month in 2016.

https://evans.uw.edu/sites/default/files/NBER%20Working%20Paper.pdf

Not so fast obongoleaf.

>>132153284
>Are you actually this fucking retarded?
I guess I must be, because I'm STILL waiting for one of your sock accounts to show me a source for your $6 trillion cost claim, and all you're doing is blowing smoke up my ass.

SOURCE? Are you have trouble finding one, or are you still inventing it?

>>132153417
get the hell out troll

>>132153164
>Except he's litearlly paying it back to his own people, it's differen't
That's still money you owe. Try "lending" yourself your rent money with no plans to get it back. Tell the thread how that works out. Either Clinton didn't have a surplus, or he was planning on screwing old people, which one is it?

>>132153457
The source was posted earlier, go read it, and no there are no sock puppet accounts. Obamaleaf is getting more people on his side with arguments and facts. He convinced me he can convince you.

>>132140758
>SAGE SAGE SAGE SAGE SAGE
>autistic screeching

Does this shit ever work?

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>>132153330
>and were sworn in Jan. 1995.

Their first budget wasn't until 1996.

You don't know how the US budget process works.

The budget was already being balanced by Based Bill >>132148127

Why won't any of u right wing retards answer this?

Based Bill Clinton handed Dubya Bush and the GOP Congress a $230 BILLION surplus. What happened to it?

You know I find it absolutely fucking hilarious that all u right wing retards can do is try to take credit for OBAMA AND CLINTON GREATNESS while completely fucking dinduing an entire 8 year GOP Presidency. Funny how u retards never want to take credit for the economy at the end of a Republican presidency. Really makes me think.

> It wasn't until the tax cuts in 1997 that the economy took off.

wrong. here's job creation under Based Bill

You're actually bragging that Republicans pushed for cap gains tax cuts (that Based Bill opposed) which led to the GOP dot com bubble? Jesus Christ.