Posted on 11/26/2016 4:47:43 PM PST by Lorianne
Wouldn’t it be crazy rad if, after one giant hiccup, the picture started reversing under Donald Trump???
We’ll see how President Trump does.
No matter how you slice it, Obastard has to be the very worst. Especially after promising MANY times to balance the budget and shrink the debt on his watch.
It surely can’t be any worse than any of our modern presidents (even Ronald with the rayguns he had to buy... for a good reason maybe, but he still did).
So according to this methodology Reagan, 168% increase; is the third worst president in history behind F.D.R., 1048% incease; & Wilson, 727% increase; for physcal responsibility.
This also makes Coolidge the best with a 26% decrease in the National debt.
Reagan bought rayguns. That’s how he showed the Russkys their world domination pursuit was vain, but still we put quite a hunk on the national charge card and made it look OK to keep doing so, by comparison.
I recall one of Obama's budgets that actually got NO votes in Congress.
In fact, correct me if I'm wrong, but didn't Obama sail through both terms Budget-Free?
Just deem it. Deem it so.
Lost me at, “Obama’s budget included increased defense spending to between $700 billion and $800 billion a year.”
Not sure what he was spending it on unless it was retrofitting bathrooms, paying for leotards, and panty-waste awareness meetings.
The business end of the military sure wasn’t getting it.
Oh, perhaps arming al Qaeda, the Muslim Brotherhood, and ISIS cost more than I realized.
If no budget is passed the government operates via continuing resolutions.
In the United States, a continuing resolution is a type of appropriations legislation. An appropriations bill is a bill that appropriates (gives to, sets aside for) money to specific federal government departments, agencies, and programs. The money provides funding for operations, personnel, equipment, and activities.
So, does this mean the 800 billion for shovel ready projects in 2009 got be respent every year since? For a total of over 5 trillion extra.
Iquiring minds want to know.
I think I read that was the case. Nut I could be mistaken.
A stack of one trillion dollar bills is over 6,700 miles high.
That is why baseline budgeting needs to go away. The budget is automatically increased every year. If congress can’t get their job done then there should be no increase.
The problem with the article is that presidential budgets are always dead on submission. This needs to be written from the perspective of who is in power in congress.
Bttt.
Gonna be hard to beat Calvin Coolidge...Mr. Trump would have to do a $1 trillion cut to the budget to go from a $500+ billion budget deficit to a $867 billion budget surplus. A $1 trillion cut would be about a 28.5% budget cut...not sure if there is even 28% in “discretionary” spending in the current budget?
You are both right and wrong.
A dollar bill is .0043 inches thick.
100,000,000 dollar bills would be 6.79 miles tall
1 billion dollars would be 67.9 miles tall
1 trillion dollars would be 67,900 miles tall
Our current national debt of approximately 20 trillion dollars would reach from the Earth to the moon approximately 6 times (1.38 million miles tall)
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