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Size of US Debt Year By Year

Posted on 07/28/2012 10:56:39 AM PDT by MNDude

Does anyone know where I can find what the US budget was year by year? I've been told by a liberal at work that we are spending less than ever now.


TOPICS: Your Opinion/Questions
KEYWORDS: vanity
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1 posted on 07/28/2012 10:56:44 AM PDT by MNDude
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To: MNDude

Heritage is a good place to start.


2 posted on 07/28/2012 11:00:51 AM PDT by 1rudeboy
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To: MNDude

http://www.treasurydirect.gov/NP/BPDLogin?application=np

I think libs like to parse “spending” by referring to spending as a percentage of GDP, which generally increases

However the GDP increases are shrinking more than spending!


3 posted on 07/28/2012 11:03:26 AM PDT by silverleaf (Every human spent about half an hour as a single cell)
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To: MNDude
Re: I've been told by a liberal at work...

Gadzooks, dude, if a Liberal told you anything, then why do you expect them to accept any facts you reply with as truth? Watch Bob Beckel... on "The Five" to see how well Liberal accept facts--

4 posted on 07/28/2012 11:03:34 AM PDT by Bender2 ("I've got a twisted sense of humor, and everything amuses me." RAH Beyond this Horizon)
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To: MNDude

5 posted on 07/28/2012 11:03:41 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: MNDude
You may want to bookmark the following U.S. National Debt Clock site. You can go back each four years as you will see on the top right window (Debt Clock Machine), to give you and others you may share the site with, a good idea as how the GND (Gross National Debt), as well as tax revenues and major discretionary spending has bloomed over the years.
Bookmark it for causal reference.
6 posted on 07/28/2012 11:05:19 AM PDT by Marine_Uncle (Honor must be earned.)
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To: MNDude

They are taking in less than in the recent past (but not ‘less than ever’!), but borrowing more to make up the difference between that and INCREASING spending.


7 posted on 07/28/2012 11:06:02 AM PDT by expat2
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To: MNDude

8 posted on 07/28/2012 11:07:07 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: MNDude

Liberals use “shoe store math” to make these kind of claims.

What is shoe store math? Imagine that your wife goes to a shoe store to buy a pair of shoes. She finds them for $70, but they are having a “buy one pair, get a second pair for half off”, so she gets a second pair for $35 for a total of $105.

Then, she takes the “$35 saved” and buys a purse for $50 and comes home and tell you that she got the purse for only $15 (because the $35 was like found money) and the first pair of shoes for only $52.50 (a savings of $17.50 over the list price) so she actually came home with $2.50 more than she started with.


9 posted on 07/28/2012 11:07:36 AM PDT by Bryanw92 (Sic semper tyrannis)
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To: MNDude
B.S. to your lib associate (really a "friend" like Croats and Serbs before the Bosnian war).

Federal spending as a function of GDP is at least 23 percent now, compared to a historical 18 percent average since WWII.

In fiscal 2009, 2010 and 2011, according to the White House Office of Management and Budget, federal spending was 25.2 percent, 24.1 percent, and 24.1 percent of GDP, respectively. In fiscal 2012, which will end on Sept. 30, the OMB estimates federal spending will be 24.3 percent of GDP.....Since 1945, taxation has gone as high as 20 percent of GDP only once, reaching 20.6 percent in 2000.

http://cnsnews.com/news/article/obama-fiscal-responsibility-co-chair-reduce-spending-21-gdp-1-point-higher-highest

10 posted on 07/28/2012 11:16:39 AM PDT by zipper (espions sur les occupants)
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To: Bryanw92
What is shoe store math? Imagine that your wife goes to a shoe store to buy a pair of shoes.

I heard that same story but it was about a husband going to Bass Pro Shop.

11 posted on 07/28/2012 11:20:52 AM PDT by ladyjane
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To: Bryanw92

I appreciate the illustration/explanation. A friend is a liberal academic political economist who obviously manipulates figures. What I can’t understand is, why would a mathematician manipulate figures to create smoke and mirrors, when the the end result is unsustainable debt?


12 posted on 07/28/2012 11:23:19 AM PDT by freeagle
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To: Bryanw92

Dear lord........my wife never told me she had been married before......please tell me you and she were legally divorced before I met her.........


13 posted on 07/28/2012 11:26:41 AM PDT by Castlebar
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To: ladyjane

>>I heard that same story but it was about a husband going to Bass Pro Shop.

My wife heard the same one, but I asked when I’ve ever taken advantage of a buy one, get one half off deal when I set out to only buy one in the first place? She reluctantly agreed.


14 posted on 07/28/2012 11:28:54 AM PDT by Bryanw92 (Sic semper tyrannis)
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To: MNDude
Obama Deficits

FY 2013*: $901 billion

FY 2012*: $1,327 billion

FY 2011: $1,300 billion

FY 2010: $1,293 billion

Bush Deficits

FY 2009: $1,413 billion*

FY 2008: $459 billion

FY 2007: $161 billion

*NOTE: Although 2009 spending was set in place before Obama took office, he was nevertheless in office during that year, and he INCREASED the deficit for that year with additional spending via both his omnibus spending bill and his stimulus bill.

Here's a good article for you: http://www.humanevents.com/2012/06/12/president-obama-spender-in-chief/

Obama is the No. 1 biggest spending president of the past 60 years, spending on average more than $3 trillion per year, almost $700 billion more per year than Bush.

15 posted on 07/28/2012 11:29:06 AM PDT by MrChips (MrChips)
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To: freeagle

>>What I can’t understand is, why would a mathematician manipulate figures to create smoke and mirrors, when the the end result is unsustainable debt?

Because the DESIRED result is unsustainable debt. It’s Cloward-Piven and the clock is ticking down to the end. They only have to distract us and hide their intentions for few more years and the damage will be irreversible (and that timeline is being very optimistic).


16 posted on 07/28/2012 11:32:26 AM PDT by Bryanw92 (Sic semper tyrannis)
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To: Bryanw92

Thank you, again. I researched Cloward-Piven. If you will please answer another question, if the eventual result is the elimination of wealth and guaranteed income for the masses.... who pays the guaranteed income? If it hasn’t worked anywhere else on earth, how do these geniuses predict it will work here?


17 posted on 07/28/2012 11:42:43 AM PDT by freeagle
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To: MNDude
National Debt Charts

Posted by me on FR. Everything you could possibly want to know with all data.

18 posted on 07/28/2012 12:12:30 PM PDT by CodeToad (History says our end is near.)
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To: freeagle

You have reached your A-HA moment.
It NEVER has worked.
It NEVER will work.

Both for one SIMPLE reason - it is CONTRARY to the Laws of Nature.


19 posted on 07/28/2012 12:12:41 PM PDT by CanuckYank
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To: MNDude
I've been told by a liberal at work that we are spending less than ever now.

Maybe this is what your coworker was referring to: Obama said recently that the rate of spending has slowed under his administration.

I don't even know if that's the case, but the key word here is "rate", and it is included to deliberately confuse the issue.

Suppose (for the sake of argument) that spending rose 15% per year under Bush. That is, each year the federal budget was 15% more than the year before.

Now comes Obama, and spending rises, say, 12% each year. Then Obama can claim he has slowed the rate at which the government is increasing its spending.

That is nothing to brag about! Obama is still spending more than he has taken in, and so he is adding even more to the federal deficit.

Besides that, 12% of a larger number can actually be more than 15% of a smaller number.

20 posted on 07/28/2012 12:20:31 PM PDT by Leaning Right (Why am I carrying this lantern? you ask. I am looking for the next Reagan.)
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