- Fri Feb 19, 2016 10:13 am
#68836
We should change the title of this message board from the Political Forum to the Bashing Section. It seems obvious to me that some of our members have very little knowledge of the facts about our government; they just recite what the "leaders" tell them. Any serious subject quickly sinks to a bashing section which to me indicates hat the bashers have a limited knowledge of the facts. Let's look at a few of those facts.
Wealth http://www.mybudget360.com/percent-of-t ... ed-states/" onclick="window.open(this.href);return false;
1. 88.9% of the wealth of this country is held by the top 20% of the population.
2. 9.4% of the wealth is owned by the second 20% of the population.
3. 2,6% of the wealth is owned the the next 20% of the population.
4. -0.9% of the wealth is owned by the bottom 40% of the population..
Why must we give the farm away to be Conservative? How long do we expect the bottom 40% to put up with this? Remember that King George was kicked out of the Colonies because he taxed them at 3%.
National DebtCBO.gov
1. When Reagen took office, the national debt was about one trillion dollars. He decreased the top rate from 70% to 50% to 25%. When he left office the national debt had increased by three trillion dollars, a 300% increase.
2. Bill Clinton was a piker; he only increased the national debt by 689 BILLION dollars.
3. Now comes good old George W. In his eight years in office he increased the national debt by 10 trillion dollars. with his Prescription Drug Plan (unfunded), The tax cuts for the top 1% (unfunded), The Iraq War (unfunded), The Afghanistan War (unfunded), The War On Terror (unfunded.)
4. To be fair, much of the increase in the debt under Obama was inherited from George W. and the effects of the recession on the economy without the required cuts in spending. (Policies under one Presidential Administration usually have an effect on the debt for 10 years or more after that President leaves office,) This is not let Obama off the hook, he has presided of an increase to over 18 trillion dollars without him decreasing spending or raising taxes to pay off some of the debt. The Congressional Budget Office also states that ObamaCare, that plan to save us money, will increase the national debt.
Now the bad news...The CBO says that the national debt will increase to 22.667 trillion dollars by 2022.
Wealth http://www.mybudget360.com/percent-of-t ... ed-states/" onclick="window.open(this.href);return false;
1. 88.9% of the wealth of this country is held by the top 20% of the population.
2. 9.4% of the wealth is owned by the second 20% of the population.
3. 2,6% of the wealth is owned the the next 20% of the population.
4. -0.9% of the wealth is owned by the bottom 40% of the population..
Why must we give the farm away to be Conservative? How long do we expect the bottom 40% to put up with this? Remember that King George was kicked out of the Colonies because he taxed them at 3%.
National DebtCBO.gov
1. When Reagen took office, the national debt was about one trillion dollars. He decreased the top rate from 70% to 50% to 25%. When he left office the national debt had increased by three trillion dollars, a 300% increase.
2. Bill Clinton was a piker; he only increased the national debt by 689 BILLION dollars.
3. Now comes good old George W. In his eight years in office he increased the national debt by 10 trillion dollars. with his Prescription Drug Plan (unfunded), The tax cuts for the top 1% (unfunded), The Iraq War (unfunded), The Afghanistan War (unfunded), The War On Terror (unfunded.)
4. To be fair, much of the increase in the debt under Obama was inherited from George W. and the effects of the recession on the economy without the required cuts in spending. (Policies under one Presidential Administration usually have an effect on the debt for 10 years or more after that President leaves office,) This is not let Obama off the hook, he has presided of an increase to over 18 trillion dollars without him decreasing spending or raising taxes to pay off some of the debt. The Congressional Budget Office also states that ObamaCare, that plan to save us money, will increase the national debt.
Now the bad news...The CBO says that the national debt will increase to 22.667 trillion dollars by 2022.
- By johnforbes
- By brandon