Who was the biggest 'Deficit Hawk?' - Page 2 - TigerDroppings.com

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TN Bhoy
USA Fan
Sketty, Wales
Member since Apr 2010
41190 posts

re: Who was the biggest 'Deficit Hawk?'


LBJ


ETA: If I'm understanding your question correctly.



This post was edited on 1/26 at 3:29 pm


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Tyrusrex
LSU Fan
Member since Jul 2011
329 posts

re: Who was the biggest 'Deficit Hawk?'


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.






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90proofprofessional
LSU Fan
Member since Mar 2004
8598 posts

re: Who was the biggest 'Deficit Hawk?'


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







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TN Bhoy
USA Fan
Sketty, Wales
Member since Apr 2010
41190 posts

re: Who was the biggest 'Deficit Hawk?'


quote:

90proofprofessional



EthanL's about to call you a racist.






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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: Who was the biggest 'Deficit Hawk?'


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?





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Porky
Arkansas Fan
Member since Aug 2008
12239 posts
 Online 

re: Who was the biggest 'Deficit Hawk?'


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".





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Porky
Arkansas Fan
Member since Aug 2008
12239 posts
 Online 

re: Who was the biggest 'Deficit Hawk?'


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


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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


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?






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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: Who was the biggest 'Deficit Hawk?'


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





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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


...

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


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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
13801 posts

re: Who was the biggest 'Deficit Hawk?'


quote:

My question was basically, who did it at a slower rate.


90proof's post did a pretty good job of answering this.






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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


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?






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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
13801 posts

re: Who was the biggest 'Deficit Hawk?'


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


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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


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?






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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
13801 posts

re: Who was the biggest 'Deficit Hawk?'


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.






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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


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?






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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
13801 posts

re: Who was the biggest 'Deficit Hawk?'


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.






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EthanL
LSU Fan
Auburn,AL
Member since Oct 2011
2981 posts

re: Who was the biggest 'Deficit Hawk?'


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.






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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
13801 posts

re: Who was the biggest 'Deficit Hawk?'


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'?





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DaGarun
Northwestern St. Fan
NashVegas
Member since Nov 2007
17316 posts
 Online 

re: Who was the biggest 'Deficit Hawk?'


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...





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