Ronald Reagan: Added $1.86 trillion, 186% increase in the $998 billion debt level at the end of Carter's last budget, FY 1981
George H.W. Bush: Added $1.554 trillion, a 54% increase in the $2.8 trillion debt level at the end of Reagan's last budget, FY 1989.
Bill Clinton: Added $1.396 trillion, a 32% increase to the $4.4 trillion debt level at the end of Bush's last budget, FY 1993.
George W. Bush: Added $5.849 trillion, a 101% increase to the $5.8 trillion debt level at the end of Clinton's last budget, FY 2001.
Barack Obama: Added $6.494 trillion, a 56% increase in the $11.657 trillion debt level attributable to President Bush by the end of his last budget, FY 2009.
Thanks for passing that along. It almost wants to make you yell, "A plague on both your houses!"Sent from my Verizon LG Smartphone------ Original message------From: Gary tweet_pa@yahoo.com [TSP_Strategy]Date: Tue, Oct 25, 2016 10:35 AMCc:Subject:Re: [TSP_Strategy] Election time.
Nice article on national dept by President..
https://www.thebalance.com/
deficit-by-president-what- budget-deficits-hide-3306151
On 10/25/2016 6:45 AM, Daryl.L.Bentley@faa.gov [TSP_Strategy] wrote:
Disagree. The president (who, currently, is NO cinc) is responsible for making trade deals and signing treaties.
There is a school of thought that the 2008 burst of the housing bubble was caused by the Clinton's when they demanded that Fannie Mae and Freddie Mac loosen up its lending policies to allow "the American Dream" to more people, regardless of credit risk, ability to pay, etc.
Regarding jobs, I think it was Reagan who extended "most favored nation" trading status to China. That's fine, except for the trade deals that followed (NAFTA) started the snowball of trade deficits. Next you have companies that can no longer compete by manufacturing here, so those jobs go overseas. So the guy making twenty dollars an hour pushing a broom, is suddenly left with nowhere to go but McDonald's. And when he can't hold on to his house AND his toys on seven fifty an hour he jumps on the democratic and liberal media bandwagon and starts screaming about wage disparity.
My two cents.
From: TSP_Strategy@yahoogroups.com [mailto:TSP_Strategy@
yahoogroups.com ]
Sent: Monday, October 24, 2016 11:49 PM
To: TSP_Strategy@yahoogroups.com
Subject: Re: [TSP_Strategy] Election time.
our economic condition is bigger than any sitting President can change. Please America! Quit putting everything on the CINC. He is not God. The economy is the gorilla in the closet. It will do what it will do regardless of a Republican or Democrat sitting in the Oval office. The biggest issue as I see it though, is this austerity of the middle class that we are living in. The rich have been making the biggest gains of history in this while our wages have stagnated for way too long. And as such, I tend to agree with Democrat tactics of increasing their taxes again, just like the old days. If you want to blame a President for our economic woes, then blame Ronald Reagan.
From: "Matt G socalinsd@hotmail.com [TSP_Strategy]" <TSP_Strategy@yahoogroups.com>
To: "TSP_Strategy@yahoogroups.com" <TSP_Strategy@yahoogroups.com>
Sent: Monday, October 24, 2016 6:54 PM
Subject: Re: [TSP_Strategy] Election time.
Agreed, are we still 100% F here? 8-)
From: TSP_Strategy@yahoogroups.com <TSP_Strategy@yahoogroups.com> on behalf of robert winfield winfield100@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com>
Sent: Monday, October 24, 2016 6:46 PM
To: TSP_Strategy@yahoogroups.com; TSP_Strategy@yahoogroups.com
Subject: Re: [TSP_Strategy] Election time.
Moderator!!!
Where is the hammer of God?!
TSP only please
Classic tactic to try and change the argument.
We are taking about economic growth and the proven lack thereof for the past 8 years. My statistics speak for themselves. If you think the current track we are are on is a successful one; well 70% of Americans think differently.
Posted by: Paul <ur12bfriend@gmail.com>
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