0
warpedskydiver

Obama's spending and the National Debt

Recommended Posts

It would take 31688 years 32 days 1 hour 46 minutes 40 seconds to equal 1 Trillion seconds.

If you spent 20 billion a day for 50 years, you would get to one trillion.

If you spent 20 billion a day, the time it would take for you to spend the current national debt of

$11,530,221,982,526.25 as of 23:08CST

would be 575 years.

If you take into account the proposed Obama expenditures you would easily have well over 20 trillion in the national debt.

Now won't you sleep well knowing hope and change are doing such a good thing for all of us?

Share this post


Link to post
Share on other sites
Quote

It would take 31688 years 32 days 1 hour 46 minutes 40 seconds to equal 1 Trillion seconds.

If you spent 20 billion a day for 50 years you would get to one trillion.

If you spent 20 billion a day the time it would take for you to spend the current national debt of;

$11,530,221,982,526.25 as of 23:08CST

would be 575 years.

If you take into account the proposed Obama expenditures you would easily have well over 20 trillion in the national debt.

Now won't you sleep well knowing hope and change are doing such a good thing for all of us?



Did you worry about it as much when Reagan and Bush were doubling it?
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites
Quote

What they did was a drop in the bucket.

You are good with numbers, please explain how Obama is helping all of us.

You voted for him, I guess you are happy with the results?



I am not in favor of debt now, nor during Reagan's reign, nor during Bush's.

However, since you are a johnny-come-lately to fiscal responsibility you might consider that even now RR and GWB are responsible for most of the debt.
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites
Quote

Quote

If you spent 20 billion a day for 50 years, you would get to one trillion.



20 billion times 365 days in a year times 50 years = 365 trillion. If you spend 20 billion a day it would takes less than 2 years to spend 11.5 trillion!



Let's hope Obama never sees this thread, then... he doesn't need any more ideas.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

Share this post


Link to post
Share on other sites
Quote

Quote

And in just one term in office Obama will outspend them both.

In eight years he will make that number seem trivial



It's ok - he's a Dem, and Dems can do no wrong



Well, they've certainly been outspent by the GOP up to this point.
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites
Quote

Obama plans to spend more than the current national debt.



Taking a cue from Reagan then?

Your conversion to fiscal conservatism, although late, is admirable.
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

And in just one term in office Obama will outspend them both.

In eight years he will make that number seem trivial



It's ok - he's a Dem, and Dems can do no wrong



Well, they've certainly been outspent by the GOP up to this point.



So your response to all of this is "well the GOP spent money too?"

--------------------------------------------------
Stay positive and love your life.

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

Quote

And in just one term in office Obama will outspend them both.

In eight years he will make that number seem trivial



It's ok - he's a Dem, and Dems can do no wrong



Well, they've certainly been outspent by the GOP up to this point.



So your response to all of this is "well the GOP spent money too?"



No, my response was (and still is):

"Your conversion to fiscal conservatism, although late, is admirable."

The Republicans' attitude to Obama's spending is rather like their attitude to sexual peccadillos - "do as I say and not as I do."

Fact is, under Reagan the debt nearly TRIPLED.
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites
Quote

Well, they've certainly been outspent by the GOP up to this point.



It depends on who you think does the spending. Congress? The President?

The GOP does need to look in the mirror a bit and realize that the most fiscally responsible president of modern times was actually Bill Clinton--and it pains me to say that.

The problem is that there is no incentive for Congress to actually balance the budget, and huge incentives for them to continue spending all of us into massive debt. It's not so much a problem with this or that party (since both parties are very guilty), as a systemic problem with the way our government is financed, how it spends money, and how decisions are made.

This is the ultimate case of the government being shortsighted. "Long term" planning for government finance means more than one presidential term, because your party's guy is still in his first term. After that, it's a free for all, because hey, someone else will deal with the mess, right?
-- Tom Aiello

Tom@SnakeRiverBASE.com
SnakeRiverBASE.com

Share this post


Link to post
Share on other sites
Quote

For all the faux-outraged GOPers, I think this kind of says it all.



Do you happen to have one that shows control of Congress?

I have a theory that spending is greatest when the same party controls Congress and the White House, but I haven't actually looked into the numbers,
-- Tom Aiello

Tom@SnakeRiverBASE.com
SnakeRiverBASE.com

Share this post


Link to post
Share on other sites
I think you are confused that I was never concerned about fiscal responsibility.

Spending needs to occur, sometimes that number is quite high.

Reagan's spending was largely on the military which was woefully lacking in very department.

When I joined during Carter we still had equipment from the WWII era.

We had flak vests instead of kevlar.

Steel pots which were useful for wasking up or boing water.

Crappy boots.

Lousy gear, worn out weapons.

Awful vehicles.

I guess you were ok with all that.

Share this post


Link to post
Share on other sites
Quote

I think you are confused that I was never concerned about fiscal responsibility.

Spending needs to occur, sometimes that number is quite high.

Reagan's spending was largely on the military which was woefully lacking in very department.

When I joined during Carter we still had equipment from the WWII era.

We had flak vests instead of kevlar.

You don't suppose the fact that the kevlar vest development program didn't end until 1976 and the Army didn't finish its approval process until 1978 had anything to do with that, do you?
Quote



Steel pots which were useful for wasking up or boing water.

Crappy boots.

Lousy gear, worn out weapons.

Awful vehicles.

I guess you were ok with all that.



Right now we have crappy roads

Crappy schools

Crappy bridges

A crappy recession that started under Bush and was denied by the GOP for nearly a year.

I guess you are OK with that.
...

The only sure way to survive a canopy collision is not to have one.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

0