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Topic Title: Reagan's recovery
Topic Summary: Morning in America due to Big Government Spending
Created On: 04/06/2012 12:00 PM
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 04/06/2012 12:00 PM
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WG

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Joined: 03/10/2005

like most of them.



except this one.
 04/06/2012 12:15 PM
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somebodyelse

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Reagans guvment spending was on Military Hardware and software,...

NOT on Welfare like most of Guvment speding is today....



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We, the people of the State of Florida, being grateful to Almighty God for our constitutional liberty, in order to secure its benefits, perfect our government, insure domestic tranquility, maintain public order, and guarantee equal civil and political rights to all, do ordain and establish this constitution.

 04/06/2012 12:47 PM
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WG

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Nope.
Obama is spending more on defense than reagan.

Spending changes From Reagan to Obama

The U.S. federal budget was last balanced in FY2001. Spending was 18.2% of GDP. It has since risen to 24.7% of GDP, a change of 6.5%.

The major change categories, according to the CBO historical tables:[1]
Medicare & Medicaid: +1.7% GDP.
Increases were driven by demographic shifts of an aging population and annual healthcare cost increases in the 7-9% range.

Defense: +1.6% GDP.
Increases were driven by a doubling of defense spending in dollar terms, for both the baseline defense budget and Iraq/Afghanistan Wars.[2]

Social Security: +0.6% GDP. Increases are driven by demographic shifts of an aging population creating more beneficiaries and annual cost of living adjustments

Income Security: +1.4% GDP. This includes food stamps, unemployment compensation, foster care, other retirement and disability. This has increased significantly due to the subprime mortgage crisis.

Other: +1.2% GDP. This includes non-defense discretionary spending increases (e.g., Cabinet Departments) and other mandatory spending (e.g., stimulus, bailouts) due to the crisis.
 04/06/2012 12:49 PM
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tpapablo

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Originally posted by: somebodyelse Reagans guvment spending was on Military Hardware and software,...

NOT on Welfare like most of Guvment speding is today....

Which was much needed after the dems gutted our military. And Reagan created a booming economy to support the spending as well.



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Brujo, gdudewe, martinA and WG - the white Al Sharptons of NSR.

 04/06/2012 12:53 PM
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WG

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Reagan's big legacy is deficits.
 04/06/2012 01:01 PM
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tpapablo

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Originally posted by: WG Reagan's big legacy is deficits.

Not by most people. He is generally seen as having revived the country from the Carter-induced torpor. We need him again now, actually.



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Brujo, gdudewe, martinA and WG - the white Al Sharptons of NSR.

 04/06/2012 01:07 PM
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WG

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Not by most people.
Just everyone inside your bubble.

Many more are waking up to the damage he did.
 04/06/2012 02:34 PM
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WG

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Bullshit.
You can't have been alive then and still be in the 4h grade now.
 04/06/2012 04:14 PM
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Cole

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The numbers.

When Barack Obama ran for president four years ago, he appalled some Democrats by saying Ronald Reagan had been a transformational president.

Three years into his presidency, he has exceeded Reagan in one area: reductions in government jobs.

Over all - including a decline of 12,000 public sector jobs in the Labor Department report for December - government employment is down 2.6 percent over the last three years, compared to a decline of 2.2 percent in the early Reagan years. That is a record.


http://economix.blogs.nytimes....ne-in-government-jobs/

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"Born fine the first time."
 04/06/2012 05:36 PM
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gdudewe

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The Repupgs of today, believe in a magical unicorn Reagan. Not the real one.
 04/07/2012 10:39 AM
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somebodyelse

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Nope.
Obama is spending more on defense than reagan.

 

 

quib·ble(kwbl)

intr.v. quib·bled, quib·bling, quib·bles
1. To evade the truth or importance of an issue by raising trivial distinctions and objections.
2. To find fault or criticize for petty reasons; cavil.
n.
1. A petty distinction or an irrelevant objection.
Revenue  2.6 TRillion dollar
Spending 3.7 TRillion dollar
Defense 703 Billion          + %30 in dollars spent since 1981
Social security 770 Billion              + %110
Income Security FTF? 546 Billion   +%110
Medicare 493 Billion                      + %420
Health WTF again??? 369 Billion   +%520
2.178 TRillion dollars on Welfare Guvment....


-------------------------

We, the people of the State of Florida, being grateful to Almighty God for our constitutional liberty, in order to secure its benefits, perfect our government, insure domestic tranquility, maintain public order, and guarantee equal civil and political rights to all, do ordain and establish this constitution.

 04/07/2012 03:24 PM
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Cole

Posts: 20855
Joined: 07/22/2003

Originally posted by: somebodyelse












Nope.
Obama is spending more on defense than reagan.




 




 




quib·ble(kwbl)


intr.v. quib·bled, quib·bling, quib·bles
1. To evade the truth or importance of an issue by raising trivial distinctions and objections.

2. To find fault or criticize for petty reasons; cavil.


n.
1. A petty distinction or an irrelevant objection.

Revenue  2.6 TRillion dollar

Spending 3.7 TRillion dollar

Defense 703 Billion          + %30 in dollars spent since 1981

Social security 770 Billion              + %110

Income Security FTF? 546 Billion   +%110

Medicare 493 Billion                      + %420

Health WTF again??? 369 Billion   +%520

2.178 TRillion dollars on Welfare Guvment....



What's the current baby-boomer retirement numbers of today compared to those during Reagan's term?

And how do you quantify a $3.7 trillion budget if it was never passed?


-------------------------
"Born fine the first time."
 04/07/2012 11:12 PM
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follydude

Posts: 5349
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Originally posted by: WG

Reagan's big legacy is deficits.


... and Iran/Contra & Alzheimer's


 04/08/2012 11:18 AM
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somebodyelse

Posts: 3199
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What's the current baby-boomer retirement numbers of today compared to those during Reagan's term?

And how do you quantify a $3.7 trillion budget if it was never passed?

 

 

 

By numbers if you are asking how many or what % of baby boomers thought in Reagans Era  that they could eventually retire it was close to %100

And if you are comparing it to how many or what % of baby boomers NOW think that they can eventually retire... It is a much smaller %,

 BUT How do you Quantify the number of people saving enough to retire when the Budget which is One TRillion !00Billion In the RED Has not passed so you can't know how much money the Baby Boomer will have to repay and be taxed on in their retirement years???



-------------------------

We, the people of the State of Florida, being grateful to Almighty God for our constitutional liberty, in order to secure its benefits, perfect our government, insure domestic tranquility, maintain public order, and guarantee equal civil and political rights to all, do ordain and establish this constitution.

 04/08/2012 11:20 AM
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somebodyelse

Posts: 3199
Joined: 06/29/2006

... and Iran/Contra & Alzheimer's

 

 

 

And Clintons Is???

 

A Lewinski...



-------------------------

We, the people of the State of Florida, being grateful to Almighty God for our constitutional liberty, in order to secure its benefits, perfect our government, insure domestic tranquility, maintain public order, and guarantee equal civil and political rights to all, do ordain and establish this constitution.

 04/08/2012 11:25 AM
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Cole

Posts: 20855
Joined: 07/22/2003

Trading with an enemy nation and oral? Yep they are the same.

-------------------------
"Born fine the first time."
 04/08/2012 12:14 PM
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gdudewe

Posts: 1964
Joined: 11/09/2011

Originally posted by: somebodyelse

... and Iran/Contra & Alzheimer's




 




 




 




And Clintons Is???




 




A Lewinski...



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