Facts and Real Numbers About The Debt

The thing you overlooked is that each president leaves a lasting legacy for future presidents. President Roosevelt (FDR) left us with welfare and Social Security which we have to take care of the increasing cost and decrease revenue. President Truman and Eisenhower left the cost of the Korean War and the start of the cold war costs. President Kennedy left us the involvement in Vite Nam. President Johnson gave us the Great Society and the War on Poverty Programs and their costs. And on it goes new presidents and new programs with new recurring costs. Each President has all of these programs to contend with and fund. This is now our problem because every president can only think of one thing and that is to create something to be remember by. You add the new program and the old programs and you have out of control government spending. There is never a real attempt to eliminate outdated government programs. You also get different agencies duplicating services and people double dipping which leads to abuse and fraud. A good example is the Food Stamp Program. Money is given to people who help buying food. You have the School Lunch Program to provide meals to children in school. The cost of food goes up so does the cost of food stamps and the Hot Lunch program now feed children breakfast, lunch and dinner in some communities year round. A family (mother and 3 children) of four gets $600 a month in food stamps. The children get their meals during the week so in a typical month the mother has to provide 162 meals out of 360 meals a month. The programs are a duplication. The Milk Marking System set up in the 1930 was designed to provide fresh milk to all areas of the country. The price was established based upon the distance from Eau Claire Wisconsin, the further from there the more the government subsidized the production costs. That was fine in the 1930 when raw milk could be hauled a few miles to the Dairy before it started to spoil. Now farmers in Wisconsin and Minnesota can produce milk cheaper and ship it to California than it can be produced in California but the law will not allow it and the government is paying farmers to produce milk so that it can be sold to the consumer at a higher cost. We have many programs that are supposed to help the public that cost the public more and their main purpose now is to keep the government jobs and the bureaucracy alive and controlling the lives of people. What we need is a top to bottom review of all government programs and to change or eliminate those that are not doing what they were intended to do. We need to eliminate duplication of programs so that a person goes one place to get information on purchasing a house rather than 25 or 30 different departments. We also have to educate the public that anytime the Government is paying for something that money is coming out of their pocket and about 1/2 of the money goes to pay the workers and feed the every growing bureaucracy.

Part of the problem is paying for Bush's two wars, one of which was not needed and paying for the interest on all the debt that Bush ran up. You can't just borrow money and not pay interest on it.

What I Would like to see that Obama stops blaming Bush for every thing also would like to see that obama gives credit to bush for things he did instead of obama takign credit for these things even tho Bush started them Obama should get the credit for them going thro . WHat do you think?

Hard to argue against the numbers considering they are right there in front of people and the left still continues to disagree. President Obama has spent quite a lot more than what Bush spent on two wars. Let's forget a couple of things. 1) There has been a dramatic draw down in the number of forces overseas. 2) President Obama has moved to a less hands on approach to the Wars. 3) The number of people on food stamps increased dramatically. 4) The number of people on unemployment is still unacceptably high. 4) That the amount of people on SS, Medicare, etc. has dramatically increased due to the Baby Boomer generation. (Remember, the first of that generation retired at the end of the Bush administration.) 5) That it was President Obama who signed the Stimulus package into law. 6) Obamacare I guess if you ignore those spending items, then he must be spending all of that money on trips to Hawaii, California and whatever European country is cool at the moment. Sorry, but all the spending in all the bills that bare President Obama's signature is his spending. He signed it. It is his spending regardless of who, what, when, where or why. A credit card company doesn't accept excuses on what you spent your money. They only expect you to pay back the money that you have signed. You signed it. It is your responsibility to pay the debt. It doesn't matter that you bought that furniture for your girlfriend and then broke up with her three months later. The money is still due. President Obama is still RESPONSIBLE for the stuff that he signed. No, ifs ands or buts. You can't excuse it away saying well it was the past President's fault. Well guess what? There are wars throughout American History that Presidents weren't responsible for but they still shouldered the responsibility of what the past President's have done. STOP THE EXCUSES. President Obama has been President for FOUR years. Guess what? HE SPENT LOTS AND LOTS OF MONEY. He is RESPONSIBLE for his recklessness regarding the debt and his lack of addressing it. No more excuses. No more free passes. He gets well deserved criticism on his continuing lack of spending control by himself and Congess. Yes, it is his fault.

The obamderthal had a choice...clean up the mess the government was in or let the mess go viral...He chose viral. He could have pulled out of the mideast, he could have close cuba, he could have reduced entitlement, he could have sent advisers into the businesses and banks that were in trouble instead of throwing tax dollars at the problem and compounding it....Banks are still folding and the businesses mostly moved offshore or want more bailout money. No one needed the bailouts if they truly wanted to succeed. Look at Ford...they were in trouble too, but they got themselves out of trouble even though the economy sucks... We are to the point that we owe more than the country is worth. In 2012, the government borrowed money to pay part of the interest owed...NONE of the principle has been paid off. NO ONE is going to lend us money for our entitlement programs this year much less money to pay the interest again this year... I did not vote for Bush, and I did not vote for the obamderthal the first time or the second time...I am disgusted with what he is doing to MY country!

You do realize that Bush policies leave Obama over one trillion dollars in debt each year before he even decides to do anything. I have made this point before and that is if you want to criticize him do it because Obama he never stopped those Bush policies. He finally ended the Bush tax cuts on the rich. I know Obama has done some things to cut that down like ending the Iraq war but now it is kind of hard for him because what he wants to cut what the right wing hates like cutting defense. As I have said before many on the right is not worried about spending as long as they are spending it on things the right likes. That is why you never heard any complaints during the Bush administration while they were racking up the debt because they were spending it on things the right wing likes for the most part.

It doesn't matter what stats you post, the stupid libs have been trained to blame Bush. They will never take responsibility for anything and that makes them sub human in my book. I do not care what they say, its all lies, I do not care what they try to do, its only for themselves. They will never own up to anything and will continually blame everyone. Don't waste your time Fatcatt44, focus on yourself and how to make your family strong.

Obama claims to be bipartisan and working for the good of the country. IF that were so, he'd not be blaming the previous administration, nor would the responders here on this discussion. By parroting the narrative Obama spews, they are helping divide the country and adding to the crisis we are in right now because they support and vote for this administration. IF all of them truly cared about the situation we are in, they'd hold the man who TOLD US HE COULD FIX IT, to account. The fact that they won't, and that Obama doesn't tells us that it is PARTY they support, not America.