In response to:

The Debt Star We're Building

scJazz Wrote: Jan 27, 2013 12:45 AM
Pretty neat how Mr. Jacob skipped Prez Bush in the whole Obama has tripled the debt that Bush inherited comment. Lest we forget Bush lowered taxes, increased the debt, and threw two wars funneling 1 trillion dollars of debt money to Wars and Homeland security. That was fiscally responsible how? Not that I'm a Democrat or like the way Obama is handling things. Far from it! But right now my political choice is for a party who massively overspends "trying to help people" and a party who massively overspends "trying to kill people". Guess which one the average American supports!
jimmylynn Wrote: Jan 27, 2013 6:24 AM
scJazz,
You seem to read only what you want to see into Paul Jacob's column. Perhaps you should go back and read it again.

"The federal government stands $16.4 trillion in debt, three times the debt level inherited by George W. Bush just twelve years ago."

I would think you should take this comment to mean that Bush and Obama increased the debt.


"A Republican House majority, a Democrat-controlled Senate and President Obama spending us deeper into these dangerous red-ink depths..."

Doesn't these comments reflect that both Democrats and Republicans are responsible for spending. Maybe you should read the column for it's actual content and not just what you want to see.
scJazz Wrote: Jan 27, 2013 3:11 PM
"The federal government stands $16.4 trillion in debt, three times the debt level inherited by George W. Bush just twelve years ago." *** This phrasing obfuscates the debt that Bush added by himself.

"A Republican House majority, a Democrat-controlled Senate and President Obama spending us deeper into these dangerous red-ink depths..." *** This phrasing obfuscates by mentioning Democrats twice and Republicans once. It does nothing to point out that full or partial control by Republicans or Democrats has essentially zero effect on deficit spending.

The only obvious element to either parties approach is what I mentioned, either guns or welfare.
jimmylynn Wrote: Jan 27, 2013 7:18 PM
scJazz,
I'm convenced now that you have a problem with interpretation of the English language.

"This phrasing obfuscates the debt that Bush added by himself."

No it didn't, it included Bush's terms in the total outstanding debt buildup, it did not give him a pass. It basically says that the debt has risen to $16.4 trillion since Bush took over the White House.

"This phrasing obfuscates by mentioning Democrats twice and Republicans once."

No it doesn't. It lays out the facts. Democrats are mentioned twice because the writer points out three branches of legislation, the House, the Senate, and the President that are responsible for excessive spending. Democrats control two of those branches and Republicans one. Facts are facts.
Kibitzer Wrote: Jan 27, 2013 7:22 PM
"I would think you should take this comment to mean that Bush and Obama increased the debt."

Neither Bush nor Obama created the debt, the Congresses enabled them to spend too much which created the debt, but it is the Congress not the President that is principally responsible for the debt. Yes the Presidents are to a degree co-conspirators, but it is the responsibility of the Congress to determine authorized spending levels.

January 27, 2013

“No,” said the Obama Administration.

The cold, curt, cruel answer no doubt stung the tens of thousands of Americans who had petitioned the White House to support their idea for a new and important job-creating federal program. But as far as President Barack Obama is concerned, the federal government shan’t build a Death Star.

So, why not? Paul Shawcross, a budget official, noted the prohibitive cost, estimated at $850,000,000,000,000,000. (I wonder how much the estimate cost.)

“We’re working hard to reduce the deficit, not expand it,”...

Related Tags: Debt