Predict the debt in 2016

[tonymctones]

So we all know the debt has doubled in the first term of obama to what 16 trillion now?

what do you think the debt will be at the end of his second term?

Im going to say 23 trillion

[tbombz]

i thnk the debt was 10 trillion when obama took office. so he hasnt doubled it, but increased it by 60%.

debt in 2016? meh.. 19-20 trillion.. unless something big happens

[Roger Bacon]

debt in 2016? meh.. 19-20 trillion.

Is that okay?

[tonymctones]

i thnk the debt was 10 trillion when obama took office. so he hasnt doubled it, but increased it by 60%.

debt in 2016? meh.. 19-20 trillion.. unless something big happens

I believe it was 8 but either way its splitting hairs, he has added a mountain of debt either way.

[tonymctones]

i thnk the debt was 10 trillion when obama took office. so he hasnt doubled it, but increased it by 60%.

debt in 2016? meh.. 19-20 trillion.. unless something big happens

do you know how interest works drizzle?

or did you just forget to factor that in?

[tbombz]

as i understand it the vast majority of the increase in debt is due to budget expenditures that were put into place long before he came into office.

[tonymctones]

as i understand it the vast majority of the increase in debt is due to budget expenditures that were put into place long before he came into office.

please do link these sources of yours dizzle I would very much like to examine them.

[tbombz]

please do link these sources of yours dizzle I would very much like to examine them.

im just speaking off the top of my head bro.  our yearly budget is about 4 trillion if i recall correctly. it is a budget that is centuries in the making. the biggest expenditures, defense, medicare, social security.. these werent put in place by obama. and they have built in increases to compensate for inflation i believe.   our yearly revenues are about 3 trillion i think.  that means no matter who was president, 4 trillion in debt in 4 years.

[magikusar]

8T 2008
17T 2012   +9 by obama


x+(x+1)

17+(17+1)

37T

[tonymctones]

im just speaking off the top of my head bro.  our yearly budget is about 4 trillion if i recall correctly. it is a budget that is centuries in the making. the biggest expenditures, defense, medicare, social security.. these werent put in place by obama. and they have built in increases to compensate for inflation i believe.   our yearly revenues are about 3 trillion i think.  that means no matter who was president, 4 trillion in debt in 4 years.

hahah thats what I thought, you should educate yourself drizzle you might find it useful in life.

[tonymctones]

8T 2008
17T 2012   +9 by obama


x+(x+1)

17+(17+1)

37T

LOL that would be 35T bro...where did you get that formula from now?

[avxo]

8T 2008
17T 2012   +9 by obama


x+(x+1)

17+(17+1)

37T

MATH! HOW DOES IT WORK?!? 

But seriously, what the fuck is this magic formula you pulled out of your cloaka and what is it supposed to represent?

[whork]

So we all know the debt has doubled in the first term of obama to what 16 trillion now?

what do you think the debt will be at the end of his second term?

Im going to say 23 trillion

Thats BS Tony much of the debt is from politics before he became president

But please name the things that Obama has spent money on and increased the debt

Then compare them to 2 wars and tax cuts

[whork]

So we all know the debt has doubled in the first term of obama to what 16 trillion now?

what do you think the debt will be at the end of his second term?

Im going to say 23 trillion

You are a pathetic hyp Tony

If Romney had been elected the debt would be far bigger

[tonymctones]

Thats BS Tony much of the debt is from politics before he became president

But please name the things that Obama has spent money on and increased the debt

Then compare them to 2 wars and tax cuts

stimulus and obama care increase the debt immensly, you should do some research.

[tonymctones]

Thats BS Tony much of the debt is from politics before he became president

But please name the things that Obama has spent money on and increased the debt

Then compare them to 2 wars and tax cuts

please cite your source whork, I wont be holding my breath as youre a gimmick but yea go right ahead.

[whork]

stimulus and obama care increase the debt immensly, you should do some research.

Compared to 2 wars and tax cuts

Yeah right

[whork]

please cite your source whork, I wont be holding my breath as youre a gimmick but yea go right ahead.

If you think all the debt was created by Obama you have no business posting on this board

Maybe you should have thought about the debt when you gave tax breaks and started wars

But the debt is only an issue when there is a non-repub in the white house

[whork]

So we all know the debt has doubled in the first term of obama to what 16 trillion now?

what do you think the debt will be at the end of his second term?

Im going to say 23 trillion

Oh yeah like tax cuts and increased military spending would have done anything other than increase the debt

Move a long you stupid sheep

You lost just like you have in life deal with it loser

[tbombz]

hahah thats what I thought, you should educate yourself drizzle you might find it useful in life.

if you would care to do so yourself, id love to hear where you think i went wrong in my reasoning.

[OzmO]

Does anyone believe  the debt would have shrunk under Romney?

[whork]

Does anyone believe  the debt would have shrunk under Romney?

It would have been increased much faster

Tax breaks, military spending etc...

[Dos Equis]

Does anyone believe  the debt would have shrunk under Romney?

Yes.  No stimulus or tarp.  One less war.  An actual attempt to cut spending. 

[OzmO]

Yes.  No stimulus or tarp.  One less war.  An actual attempt to cut spending. 

Are you saying there wasn't going to be a need for a stim or tarp or are you saying if there was Romeny wouldn't have done it?

[Dos Equis]

Are you saying there wasn't going to be a need for a stim or tarp or are you saying if there was Romeny wouldn't have done it?

Both.