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Getbig Main Boards => Politics and Political Issues Board => Topic started by: The_Hammer on September 23, 2013, 07:52:30 PM

Title: Which President Raised the Debt Ceiling the Most?
Post by: The_Hammer on September 23, 2013, 07:52:30 PM
 ???
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Twaddle on September 23, 2013, 08:15:07 PM
I'll take, "Go Fuck Yourself" for 200 Alex.   ::)
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Roger Bacon on September 23, 2013, 09:14:20 PM
I'll take, "Go Fuck Yourself" for 200 Alex.   ::)

 ;D
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: AbrahamG on September 23, 2013, 09:44:45 PM
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times, for a 67% increase.

Watch Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years. He speaks on Bloomberg Television’s “Market Makers”:

President Obama “doesn’t even compare” to Reagan’s record, he has raised the debt ceiling 6 times, for a 31% increase.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: 240 is Back on September 23, 2013, 09:49:41 PM
Reagan was expanding our govt to create jobs.   he was also raising our military budget by 43%.


It was necessary at the time.   Did economists know that, 30 years later, this growth would suddenly come back to haunt us?  Sure.  They probably thought it'd happen sooner lol - technology skyrocketing led to crazy productivity, slowing down the inevitable.


Reagan was just like Bush 1, clinton, Bush 2, obama, and whoever the next guy/girl is.   Spend as much as you can, build bombs, grow govt, reduce rights, and play to the base.  Can't fault any of them - cause we always vote for them (or the other guy, just like them).
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The_Hammer on September 23, 2013, 11:34:43 PM
Reagan was expanding our govt to create jobs.   he was also raising our military budget by 43%.


It was necessary at the time.   Did economists know that, 30 years later, this growth would suddenly come back to haunt us?  Sure.  They probably thought it'd happen sooner lol - technology skyrocketing led to crazy productivity, slowing down the inevitable.


Reagan was just like Bush 1, clinton, Bush 2, obama, and whoever the next guy/girl is.   Spend as much as you can, build bombs, grow govt, reduce rights, and play to the base.  Can't fault any of them - cause we always vote for them (or the other guy, just like them).

Actually Clinton shrunk government to 1950's levels.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 24, 2013, 03:45:48 AM
Reagan was expanding our govt to create jobs.   he was also raising our military budget by 43%.


It was necessary at the time.   Did economists know that, 30 years later, this growth would suddenly come back to haunt us?  Sure.  They probably thought it'd happen sooner lol - technology skyrocketing led to crazy productivity, slowing down the inevitable.


Reagan was just like Bush 1, clinton, Bush 2, obama, and whoever the next guy/girl is.   Spend as much as you can, build bombs, grow govt, reduce rights, and play to the base.  Can't fault any of them - cause we always vote for them (or the other guy, just like them).


Reagan was a fucking Commie.

No wonder 333/soul love him so much.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: chadstallion on September 24, 2013, 05:09:26 AM
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times, for a 67% increase.

Watch Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years. He speaks on Bloomberg Television’s “Market Makers”:

President Obama “doesn’t even compare” to Reagan’s record, he has raised the debt ceiling 6 times, for a 31% increase.
As the Bookworm { Roddy Macdowell } said to Batman, moments before Batman was going to be killed by a giant book-binding machine....

"Facts are stubborn things"
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: AbrahamG on September 24, 2013, 08:51:08 PM
As the Bookworm { Roddy Macdowell } said to Batman, moments before Batman was going to be killed by a giant book-binding machine....

"Facts are stubborn things"

I expected a shitstorm from our resident wing nuts.  They must realize they've been owned and will never recover.  LOL.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Coach is Back! on September 24, 2013, 09:20:29 PM
Doesn't matter. Obama not only raised it but also created the biggest debt from Washington to Clinton in less than 51/2 years. But I suspect you wouldn't understand that.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 26, 2013, 06:47:35 AM
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times, for a 67% increase.

Watch Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years. He speaks on Bloomberg Television’s “Market Makers”:

President Obama “doesn’t even compare” to Reagan’s record, he has raised the debt ceiling 6 times, for a 31% increase.


Bumb for the right wingers
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: headhuntersix on September 26, 2013, 07:18:27 AM
After what Carter did and the threat of the Soveits...I'd say Reagan worked out pretty damm well. Unlike the current shitbag making a mockery out of the office. Keep backing your biy right to the bitter end.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Coach is Back! on September 26, 2013, 08:33:02 AM
Once again.....

http://blog.heritage.org/2013/09/26/morning-bell-43000-per-household/


Did you know that since President Obama came into office, the debt limit has been raised seven times?

With those increases, Congress has added $43,000 in debt for every American household in just the last four years.

And now the debt limit deadline is looming again. Treasury will run out of tricks to keep paying the bills on October 17, Secretary Jack Lew announced yesterday.

Instead of pursuing significant spending cuts and entitlement reforms that are desperately needed to get spending under control, House Republicans reportedly are proposing to suspend the debt ceiling for more than a year, which would add $1.1 trillion to the debt.

So, take that $43,000 per household that was added in the last four years and tack on another $8,800 per household.

What happened the last time Congress raised the debt ceiling? Did they accomplish any meaningful spending cuts before increasing the debt limit? In a word, no:

    Congress and the President last suspended the debt ceiling from February 4, 2013, through May 18, 2013, adding $300 billion to the national debt in less than four months. Their only request was that the Senate produce a budget for the first time in four years, which it did. No savings were accomplished.

No savings.

This is unacceptable.

As Heritage’s Romina Boccia, the Grover M. Hermann Fellow in Federal Budgetary Affairs, wrote yesterday:

    Congress should implement spending cuts and entitlement reforms before—or as part of—an increase in the debt ceiling. Lawmakers still have time to put forth a plan that puts the budget on a path to balance and avoids a debt crisis today and in the future. The clock is ticking.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Gonuclear on September 26, 2013, 09:48:27 AM
Doesn't matter. Obama not only raised it but also created the biggest debt from Washington to Clinton in less than 51/2 years. But I suspect you wouldn't understand that.

Not so.

As of Obama's inauguration (January 20, 2009), the national debt stood at $10.6 trillion.  We will reach the current debt ceiling of $16.7 trillion by October 17, according to Treasury.  So during Obama's time in office, the debt grew by $6.1 trillion.   That's a lot, of course.  But it needs some perspective. By comparison, in his eight years in office, G. W. Bush increased it by $4.9 trillion.

Also keep in mind that the costs for the two wars in Afghanistan and Iraq, which Bush started and Obama is shutting down, continued to add to the debt with a total estimate for both wars at $1.49 trillion by the end of fiscal 2013 (coming up on September 30th).  Those wars were started by Bush, but their ongoing costs obviously contribute to the rise in debt under Obama.  

Also, since the Fed stepped in, under Bernanke (appointed by Bush) to purchase assets under QE1 & 2, they will have purchased $2 trillion worth of Treasuries.   That $2 trillion is owed to ourselves.  So if you subtract that, the deficit under Obama has increased by $4.1 trillion, slightly less than Bush (granted it is over 5.5 years rather than eight).  So while in office, Obama increased the national debt by 38.7%.

In contrast, Ronald Reagan increased the national debt from $1 trillion to $2.7 trillion during his two terms in office, which is an increase of $1.7 trillion, or 170%.

It is really from Reagan on that the national debt increases hugely accelerated, under subsequent administrations, Republican and Democratic.  



Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: OzmO on September 26, 2013, 10:07:47 AM
but but but......he was born in Kenya and Carter was a bad president!

Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: LurkerNoMore on September 26, 2013, 10:20:15 AM
but but but......he was born in Kenya and Carter was a bad president!



lolololol
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Soul Crusher on September 26, 2013, 11:23:29 AM
 ;)
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: OzmO on September 26, 2013, 02:46:11 PM
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times, for a 67% increase.

Watch Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years. He speaks on Bloomberg Television’s “Market Makers”:

President Obama “doesn’t even compare” to Reagan’s record, he has raised the debt ceiling 6 times, for a 31% increase.

wrong or right?
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Gonuclear on September 26, 2013, 02:56:53 PM
wrong or right?

Correct. Reagan raised it 18 times.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Coach is Back! on September 26, 2013, 03:09:08 PM

Reagan was a fucking Commie.

No wonder 333/soul love him so much.

Hahahahaha. Sure
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Soul Crusher on September 26, 2013, 03:18:09 PM
Correct. Reagan raised it 18 times.

The potus does not raises the debt celiweng - he makes a request of the congress to do it. 
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Gonuclear on September 26, 2013, 05:53:31 PM
The potus does not raises the debt celiweng - he makes a request of the congress to do it. 

Yeah, everyone knows that.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: polychronopolous on September 26, 2013, 06:03:04 PM
Comparing Ronald Reagan to Barack Obama.  ;D

I wonder how history will view that comparison?  :D
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: 240 is Back on September 26, 2013, 10:21:26 PM
The potus does not raises the debt celiweng - he makes a request of the congress to do it. 

well, then Reagan 'didn't veto it' 18 times lol.

Reagan was a big spender, and obama is an even bigger spender. 

Which man grew govt by a bigger percentage? 
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on September 26, 2013, 11:19:56 PM

Reagan was a fucking Commie.

No wonder 333/soul love him so much.

Commie? Dude, he put the commies outta business.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 27, 2013, 04:10:43 AM
Commie? Dude, he put the commies outta business.

The russians was outspend by commie number 1 Reagan.
He expanded the government and the debt more than any other president..
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on September 27, 2013, 10:49:06 AM
The russians was outspend by commie number 1 Reagan.


It was a brilliant strategy, and it worked.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 29, 2013, 07:39:42 AM
It was a brilliant strategy, and it worked.

Sure the US is in great financial situation because of it.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: GigantorX on September 29, 2013, 02:22:11 PM
Sure the US is in great financial situation because of it.
[/quote

Huh? The governments financial situation was pretty stable in the mid-late 90's. Bush II/Obama didn't come directly after Reagan.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on September 29, 2013, 03:23:33 PM
Sure the US is in great financial situation because of it.

Not true.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 29, 2013, 04:38:30 PM
Not true.


So the debt is not a factor when talking about a countries economy?
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: AbrahamG on September 29, 2013, 05:24:32 PM
Not true.

Is too!
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: WOOO on September 29, 2013, 06:35:42 PM
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times, for a 67% increase.

Watch Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years. He speaks on Bloomberg Television’s “Market Makers”:

President Obama “doesn’t even compare” to Reagan’s record, he has raised the debt ceiling 6 times, for a 31% increase.


reagan was queer and almost as stupid as bush jr...

americans like praising gay morons
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on September 29, 2013, 07:12:39 PM

So the debt is not a factor when talking about a countries economy?

Sure, but you can't blame 80s spending for a financial crisis that started in '08. The 90s were very productive.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on September 29, 2013, 07:36:49 PM
Sure, but you can't blame 80s spending for a financial crisis that started in '08. The 90s were very productive.

Who was talking about '08?

The debt and the financial crisis in 08 is not one and the same.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: AbrahamG on September 30, 2013, 12:09:19 AM

reagan was queer and almost as stupid as bush jr...

americans like praising gay morons

Style and substance.  Well done Mr. Homophobe 2013!!
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Soul Crusher on September 30, 2013, 03:48:50 AM

reagan was queer and almost as stupid as bush jr...

americans like praising gay morons

That explains obama i guess, the biggest TWINK of them all
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Straw Man on September 30, 2013, 10:17:46 AM
That explains obama i guess, the biggest TWINK of them all

says the only so called straight man that uses the word twink CONSTANTLY

Urban dictionary says this term is often used in homosexual circles
Is that where you picked it up?

Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: AndreaRyc on September 30, 2013, 10:28:12 AM
Commie? Dude, he put the commies outta business.
Really?  How?

How many Soviet ICBMs have been taken down by the Borax Spokesman?  http://www.conservativedailynews.com/2012/12/russias-huge-nuclear-arsenal-the-single-biggest-threat-to-the-us/

None?  Oh that's right.  President Reagan had East Germany tear down a wall.

Same difference.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: WOOO on October 01, 2013, 07:13:08 AM
That explains obama i guess, the biggest TWINK of them all

 :)
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: chadstallion on October 01, 2013, 04:21:20 PM
says the only so called straight man that uses the word twink CONSTANTLY

Urban dictionary says this term is often used in homosexual circles
Is that where you picked it up?


my buddy, 333386, is in denial.
I'm working with him and getting him to accept his true self
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Soul Crusher on October 01, 2013, 06:01:03 PM
my buddy, 333386, is in denial.
I'm working with him and getting him to accept his true self

This is how I roll - sorry there bud
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on October 01, 2013, 07:15:10 PM
This is how I roll - sorry there bud

Jesus, she's hot.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: Soul Crusher on October 01, 2013, 08:07:10 PM
Jesus, she's hot.

Gina Carano - in a normal state
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: The Ugly on October 01, 2013, 08:10:50 PM
Gina Carano - in a normal state

I know it's Gina. She's fucking beautiful.
Title: Re: Which President Raised the Debt Ceiling the Most?
Post by: whork on October 02, 2013, 05:36:57 AM
Jesus, she's hot.

We disagree on Reagan but we all love Gina :D