What would Reagan do? - Page 2
Originally Posted by 6SpeedTA95 http://www.data360.org/dsg.aspx?Data_Set_Group_Id=230 there you go brother That chart scares me...it looks like it's going parabolic....
Originally Posted by 6SpeedTA95 http://www.data360.org/dsg.aspx?Data_Set_Group_Id=230 there you go brother That chart scares me...it looks like it's going parabolic....
07-17-2007, 12:00 PM
| #21 | ||||
| Common Sense Conservative  Realist 
| Originally Posted by 6SpeedTA95 That chart scares me...it looks like it's going parabolic.   | ||||
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07-17-2007, 12:03 PM
| #22 | ||||
| Administrator  libertarian Oklahoma
| Originally Posted by Thorgrim Ummm if you read the data you'll see there were numerous slumps in the data set. Just copy the numbers to an excel spreadsheet and graph it if you dont believe me.
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07-17-2007, 12:04 PM
| #23 | ||||
| Banned  Progressive Philadelphia, PA
| Originally Posted by 6SpeedTA95 a slump is a slump
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07-17-2007, 12:11 PM
| #24 | ||||
| Administrator libertarian Oklahoma
| Originally Posted by Thorgrim Yeah I agree
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07-17-2007, 12:23 PM
| #25 | ||||
| Master Debator Election Moderator  Democrat Omaha, NE
| Originally Posted by 6SpeedTA95 We started with about 1 trillion and when he left there was 4.5. After GHWB there was 5.5. After 8 years of clinton it was to 6.5. Now it is 8.8 trillion and counting with GWB.
I am rounding some what also. Either way dude ran up debt with wreckless military spending. | ||||
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07-17-2007, 12:24 PM
| #26 | ||||
| Administrator libertarian Oklahoma
| Originally Posted by DosEquis When he left there was 2.8T not 4.5
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07-17-2007, 12:25 PM
| #27 | ||||
| Banned Progressive Philadelphia, PA
| Funny, how its the democrat (Clinton) who has to come in and clean up the mess | ||||
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07-17-2007, 12:28 PM
| #28 | ||||
| Administrator libertarian Oklahoma
| Originally Posted by Thorgrim His admin did a good job with the debt and worked well with hte republican congress on this issue.
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07-17-2007, 12:35 PM
| #29 | ||||
| Master Debator Election Moderator Democrat Omaha, NE
| Oh, i was referring to numbers that were adjusted for inflation. On February 5, 1981, two weeks after taking office, in his "Address to the Nation on the Economy," Reagan said: "By 1960 our national debt stood at $284 billion. ... Today the debt is $934 billion. ... We can leave our children with an unrepayable massive debt and a shattered economy."  | ||||
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07-17-2007, 12:38 PM
| #30 | ||||
| Administrator libertarian Oklahoma
| Originally Posted by DosEquis Reagan took office with 900B in debt, left with 2.7T in debt, Bush 41 left with 4.0T in debt, Clinton left with 5.64T in debt and it looks like Bush will leave with somewhere between 9.6 and 10.0T.
Edit: Just checked the numbers looks more like it will be between 9.3 and 9.6. Edit2: Dos those numbers you have are just wrong they're not adjusted for inflation they're just flat wrong. Not sure where you got them. Last edited by 6SpeedTA95; 07-17-2007 at 06:52 PM. | ||||
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07-17-2007, 06:46 PM
| #31 | ||||
| Political Genius  Republican Yorba Linda Ca.
| Originally Posted by thomez
Give the Dems in Congress some credit will ya! 
__________________ Sock It To Me!  "Bureaucracy is a Parasite that Preys on Free Thought and Suffocates Free Spirit!" - Douglas Adams | ||||
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07-17-2007, 06:49 PM
| #32 | ||||
| tyop speicalist Religion Moderator  Capitalist California
| Reagan was a promising dude until he actually became President.  | ||||
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07-17-2007, 06:50 PM
| #33 | ||||
| Political Genius Republican Yorba Linda Ca.
| Originally Posted by DosEquis
Like there was not massive wasteful entitlement spending in the 80's? Baseline budget trickery by the congress?  | ||||
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07-17-2007, 07:22 PM
| #34 | ||||
| Administrator libertarian Oklahoma
| Since inflation was brought up earlier, I've adjusted the debt levels and GDP to year 2000 dollars. I will do this at the end of each presidential term. I'm getting as close to Jan1 of each year as I can find. Debt 1981: 1849.65B Nominal 918B Debt 1989: 3789.67B Nominal 2,700B Debt 1993: 4913.36B Nominal 4140B Debt 2001: 5464.22B Nominal 5650B Debt as of today: 7592.63B Nominal 8890B **Adjusted using 2006 inflation data. GDP 1981: 5307.50B Nominal 3052.70B 1989: 6918.10B Nominal 5367.10B 1993: 7459.70B Nominal 6542.70B 2001: 10021.50B Nominal 9875.60B 2007: 13620.20B Nominal 11532.80B | ||||
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guess again
