| Posted by | Message |
TN Bhoy  USA Fan Philly Member since Apr 2010 33584 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 3:28 pm to EthanL)
LBJ ETA: If I'm understanding your question correctly.
This post was edited on 1/26 at 3:29 pm
|
| Back to top | |
Tyrusrex  LSU Fan Member since Jul 2011 303 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 3:34 pm to EthanL)
G HW Bush. Reagan's tax cuts exploded the deficit, but he did raise taxes afterwards. George W. Bush was the worse, tax cuts piled on top of unfunded prescription drugs, two endless wars, the crashing of the economy.
|
| Back to top | |
90proofprofessional  LSU Fan Member since Mar 2004 6120 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 3:56 pm to EthanL)
quote:
Which one of these guys ( I give up Navy) spent 'the least', based on these aforementioned 'fair' conditions?
quote:
Here are the ratios of deficit to GDP for the past five presidents: Ronald Reagan 1981-88 4.2 % 1982-89 4.2 Average 4.2 George H. W. Bush 1989-92 4.0 1990-93 4.3 Average 4.2 Bill Clinton 1993-2000 0.8 1994-2001 0.1 Average 0.5 George W. Bush 2001-08 2.0 2002-09 3.4 Average 2.7 Barack Obama 2009-12* 9.1 2010-12 8.7 Average 8.9

|
| Back to top | |
TN Bhoy  USA Fan Philly Member since Apr 2010 33584 posts

|
quote:
90proofprofessional
EthanL's about to call you a racist.
|
| Back to top | |
CITWTT  LSU Fan baton rouge Member since Sep 2005 25080 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 4:08 pm to EthanL)
frick the facts is what you seem to have as a modus operandi, your OPINION is all that seems to matter, so you might want to stock up on toilet paper to wipe your a-hole. Why is there no inclusion of your savior in the set of Presidents for a truer(facts) picture of spending by a President?
|
| Back to top | |
Porky  Arkansas Fan Member since Aug 2008 9271 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 5:30 pm to EthanL)
Spending on the military industrial complex and wars will always lead to huge deficits. Consider the presidents who pushed it the most, if that's what you mean by "deficit hawk".
|
| Back to top | |
Porky  Arkansas Fan Member since Aug 2008 9271 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 5:31 pm to TN Bhoy)
quote:
LBJ ETA: If I'm understanding your question correctly.
Thug POS FWIW...I still blame that sorry !#*% and his "alleged" connections with organized crime for enabling 90% of the problems we are having in our country today.
This post was edited on 1/26 at 5:44 pm
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 6:38 pm to CITWTT)
quote:
frick the facts is what you seem to have as a modus operandi, your OPINION is all that seems to matter, so you might want to stock up on toilet paper to wipe your a-hole. Why is there no inclusion of your savior in the set of Presidents for a truer(facts) picture of spending by a President?
What the HECK are you talking about lol?
|
| Back to top | |
CITWTT  LSU Fan baton rouge Member since Sep 2005 25080 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 6:42 pm to EthanL)
Take a look at your very own post that started the thread, and a few of the others. You operate on your opinion as the rule and think it doesn't stink
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 6:52 pm to CITWTT)
... Anyway. The point was obviously ( as Navy pointed out earlier) that none of these guys come close to being related to a true 'Deficit Hawk.' Runaway spending has been in force, and the norm for quite sometime now. If you look at the rate of how some of these guys piled on, whether we had a surplus (never), was balanced (once), or knee-deep in red ink, the next to 'succeed the throne' was like 'frick it, I have an agenda, I got shite I wanna do,' etc. My question was basically, who did it at a slower rate. If we did a percentage at which the deficit accelerated to infinitesimal proportions, who, admittedly very faintly, more closely resembled a 'Hawk'?
This post was edited on 1/26 at 6:53 pm
|
| Back to top | |
HempHead  Alabama Fan Appalachia Member since Mar 2011 10139 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 6:56 pm to EthanL)
quote:
My question was basically, who did it at a slower rate.
90proof's post did a pretty good job of answering this.
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:03 pm to HempHead)
quote:
90proof's post did a pretty good job of answering this.
Possibly. But Reagan spent money under the premise that it was 'ok to spend' because the economy was booming/GDP could keep up. That's like taking out a cc with a 5,000 balance, because u know you will get a bonus in a few months. Just save the money?
|
| Back to top | |
HempHead  Alabama Fan Appalachia Member since Mar 2011 10139 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:08 pm to EthanL)
It is misguided to attribute/peg spending to the executive - it is, after all, the responsibility of the legislature to create and pass a budget. It is also laughable to expect government to behave with taxpayer/borrowed money as if it were an individual.
This post was edited on 1/26 at 7:08 pm
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:14 pm to HempHead)
I get that. It is more responsible to spend when you can, than when you can't. But that doesn't justify more than doubling the deficit (180% actually). And it definitely doesn't put you at the 'head of the class' of modern-day 'Deficit Hawks'. Here is another way to look at it: Who has been more stingy out of these 5?
|
| Back to top | |
HempHead  Alabama Fan Appalachia Member since Mar 2011 10139 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:19 pm to EthanL)
quote:
It is more responsible to spend when you can, than when you can't.
How is this determined? Most mainstream economists will suggest the opposite, not that I am inclined to agree with them.
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:26 pm to HempHead)
quote:
How is this determined?
Reagan lovers will tell you the economy was booming, he created jobs, single handedly destroyed the USSR... ...he has a free pass to spend. No?
|
| Back to top | |
HempHead  Alabama Fan Appalachia Member since Mar 2011 10139 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 7:28 pm to EthanL)
That wasn't an answer. How does one determine when it is prudent for government to spend (when it can afford it?) and when it shouldn't (when it can't afford it?). I am curious as to your understanding of how and why this is the case.
|
| Back to top | |
EthanL  LSU Fan Harvey LA Member since Oct 2011 2182 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 8:53 pm to HempHead)
quote:
How does one determine when it is prudent for government to spend (when it can afford it?) and when it shouldn't (when it can't afford it?). I am curious as to your understanding of how and why this is the case.
Ah...good question, and closely related to this one...but still not related to THIS question.
|
| Back to top | |
HempHead  Alabama Fan Appalachia Member since Mar 2011 10139 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 8:59 pm to EthanL)
You are obviously trying to make a point in regards to deficit spending. Go ahead and share your convictions. A previous poster has already added some statistical additions. Why not add the ones that will validate your 'opinion'?
|
| Back to top | |
DaGarun  Northwestern St. Fan NashVegas Member since Nov 2007 15753 posts

| re: Who was the biggest 'Deficit Hawk?' (Posted on 1/26/13 at 9:34 pm to HempHead)
It looks like he's hitching his wagon to the ""rate of growth" star without acknowledging that if you start with a higher baseline, you can do more actual damage at a slower % rate. But whatever...
|
| Back to top | |