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Old 02-24-2013, 08:01 AM   #1
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Default How much per person had Federal spending gone up Since 2008
$822.90 per person

http://cnsnews.com/news/article/real...-american-2008

of course we all know it was Bush's fault
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Old 02-24-2013, 04:36 PM   #2
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But we all know it's a revenue problem not a spending issue!!!!
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Old 02-24-2013, 05:30 PM   #3
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$200/year? Seems pretty slow really. Barely outpacing inflation, most likely. Hardly outrageous. Definitely not thread worthy. Going down $2,000/year would be better, but I'm not seeing anything noteworthy here.
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Old 02-24-2013, 05:39 PM   #4
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while were at it, lets forget there was a massive recession that forced Gov to spend and reduce its revenue to offset it by artificially creating demand, since the private sector is no where to be found
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Old 02-24-2013, 05:49 PM   #5
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while were at it, lets forget there was a massive recession that forced Gov to spend and reduce its revenue to offset it by artificially creating demand, since the private sector is no where to be found
In your opinion would this recession have occurred regardless of who was in office? You have to ask yourself if the only course pursued just happened to be the easiest but not necessarily the best.



Still not sure how much slack to cut Obama here.
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Old 02-24-2013, 07:03 PM   #6
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while were at it, lets forget there was a massive recession that forced Gov to spend and reduce its revenue to offset it by artificially creating demand, since the private sector is no where to be found
I thought it was the Bush tax cuts that crushed the revenue stream to the Feds?

You know the ones that stole from the poor to give to millionaires and billionaires.
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Old 02-24-2013, 07:11 PM   #7
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In your opinion would this recession have occurred regardless of who was in office? You have to ask yourself if the only course pursued just happened to be the easiest but not necessarily the best.



Still not sure how much slack to cut Obama here.
i have to think if there were a more competent individual in the WH between 00-08, they may have not allowed it to get to the point of coming down like it did

but he started and ended his presidency with a bang justifying it by "events that nobody could foresee"
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Old 02-24-2013, 07:13 PM   #8
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I thought it was the Bush tax cuts that crushed the revenue stream to the Feds?

You know the ones that stole from the poor to give to millionaires and billionaires.
bush tax cuts have never helped, but those were already in place....the reasons for the reduced revenue during the recession are obvious
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Old 02-24-2013, 07:20 PM   #9
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Seems like it's a low ball # considering 20+ Million more are on food stamps!
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Old 02-24-2013, 07:21 PM   #10
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bush tax cuts have never helped, but those were already in place....the reasons for the reduced revenue during the recession are obvious
That's not the story commonly passed around here by some of the resident lefties.
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Old 02-24-2013, 07:29 PM   #11
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That's not the story commonly passed around here by some of the resident lefties.
i don't know what you are talking about, but ok

bush tax cuts never paid for themselves though
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Old 02-24-2013, 07:32 PM   #12
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i have to think if there were a more competent individual in the WH between 00-08, they may have not allowed it to get to the point of coming down like it did

but he started and ended his presidency with a bang justifying it by "events that nobody could foresee"
LOL

Well I hate to think what your thoughts on Obama's competence are.
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Old 02-24-2013, 07:46 PM   #13
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i have to think if there were a more competent individual in the WH between 00-08, they may have not allowed it to get to the point of coming down like it did

but he started and ended his presidency with a bang justifying it by "events that nobody could foresee"
Wasn't it Obama who said 6-9 months after the crash in 08 "It was much worse than we knew"?

Even with that much hindsight his greatness had trouble seeing it......
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Old 02-24-2013, 07:49 PM   #14
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i don't know what you are talking about, but ok

bush tax cuts never paid for themselves though
It is commonly extolled here that the Bush tax cuts led to less revenue to the Fed Gov and thus the debt explosion, with the help of two wars.

You've been here long enough to see that version right?
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Old 02-24-2013, 08:09 PM   #15
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$200/year? Seems pretty slow really. Barely outpacing inflation, most likely. Hardly outrageous. Definitely not thread worthy. Going down $2,000/year would be better, but I'm not seeing anything noteworthy here.
You obviously don't understand economics too well. Two hundred dollars a year per person is a lot of money. But its not really about the amount of money, its the fact that each person has less money to spend on something they'd like to have. Basically the government has redirected trillions of dollars into things that people wouldn't wanted to buy for themselves. In other words, government has forced inefficiency in goods and services market. Think about what you could have bought for yourself for 200 in any given year. A new toaster? Microwave? Car tires? Instead, you got nothing for your $200/year, at least not something you wanted anyway. The bottom line here is that there are unseen unintended consequences. Other industries that have now sold sell goods and services because they aren't getting people's $200 anymore are going to get hurt.
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Old 02-24-2013, 10:05 PM   #16
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Originally Posted by urg8rbait

You obviously don't understand economics too well. Two hundred dollars a year per person is a lot of money. But its not really about the amount of money, its the fact that each person has less money to spend on something they'd like to have. Basically the government has redirected trillions of dollars into things that people wouldn't wanted to buy for themselves. In other words, government has forced inefficiency in goods and services market. Think about what you could have bought for yourself for 200 in any given year. A new toaster? Microwave? Car tires? Instead, you got nothing for your $200/year, at least not something you wanted anyway. The bottom line here is that there are unseen unintended consequences. Other industries that have now sold sell goods and services because they aren't getting people's $200 anymore are going to get hurt.
Thanks for the economics lesson, professor.

The US laid out $3.7T in 2012. With 138 million taxpayers, pardon me if I don't get my panties in a wad over 200 bucks.
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Old 02-24-2013, 10:27 PM   #17
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Wasn't it Obama who said 6-9 months after the crash in 08 "It was much worse than we knew"?

Even with that much hindsight his greatness had trouble seeing it......
tell me, what would you have done different than what all administrations have done to try to offset a recession?
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Old 02-25-2013, 01:46 AM   #18
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Thanks for the economics lesson, professor.

The US laid out $3.7T in 2012. With 138 million taxpayers, pardon me if I don't get my panties in a wad over 200 bucks.
You don't get it and you never will.
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Old 02-25-2013, 06:36 AM   #19
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You don't get it and you never will.
If "it" is whatever you're talking about, I don't want it.
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Old 02-25-2013, 07:13 AM   #20
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The citizens have less money that is worth a lot less. But hey at least Uncle Sam gets to pay off his irresponsible debt that has gotten us squat with increasingly worthless dollars
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