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USA national debt as a percent of GDP

Posted on 5/22/20 at 2:56 pm
Posted by hubertcumberdale
Member since Nov 2009
7894 posts
Posted on 5/22/20 at 2:56 pm
Thanks a bunch, boomers.

Posted by Cosmo
glassman's guest house
Member since Oct 2003
132704 posts
Posted on 5/22/20 at 2:57 pm to
Thanks obama
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
48895 posts
Posted on 5/22/20 at 2:58 pm to
quote:

Thanks a bunch, Obama.


FIFY

Posted by BestBanker
Member since Nov 2011
19726 posts
Posted on 5/22/20 at 2:58 pm to
That 08-16 bump looks monumental. Needs a statue.
Posted by Pat Sajak
New Orleans
Member since May 2009
755 posts
Posted on 5/22/20 at 2:58 pm to
Wait, what happened in 2008?
Posted by TT9
Seychelles
Member since Sep 2008
91793 posts
Posted on 5/22/20 at 2:59 pm to
quote:

Thanks obama


Posted by OweO
Plaquemine, La
Member since Sep 2009
122548 posts
Posted on 5/22/20 at 3:00 pm to
Did he have a choice? He took over during one of the worst economic downfalls this country ever experienced.

Also, look where it is headed right now.

And what about 81 - 96? I am just saying.. If you are going to call out one, you have to call out all.
This post was edited on 5/22/20 at 3:03 pm
Posted by TDsngumbo
Member since Oct 2011
51656 posts
Posted on 5/22/20 at 3:00 pm to
That is terrifying. I'm a huge fan of Trump but let's be honest here - just like Bush, he's no real conservative. I don't think there are any actual conservatives left in the republican party.
Posted by hubertcumberdale
Member since Nov 2009
7894 posts
Posted on 5/22/20 at 3:00 pm to
Thanks credit default swaps
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132704 posts
Posted on 5/22/20 at 3:00 pm to
Pretty sure barry was president during the biggest jump there baw
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 5/22/20 at 3:01 pm to
thanks, obama
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132704 posts
Posted on 5/22/20 at 3:01 pm to
quote:

I'm a huge fan of Trump but let's be honest here - just like Bush, he's no real conservative.


Chart was flat under trump until China fricked us with a virus and we went full retard
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 5/22/20 at 3:01 pm to
quote:


Wait, what happened in 2008?



First big bailout bill.

Signed by Bush.
Posted by IAmNERD
Member since May 2017
24519 posts
Posted on 5/22/20 at 3:02 pm to
Just look at that climb starting in 2008...
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53839 posts
Posted on 5/22/20 at 3:02 pm to
quote:

That is terrifying. I'm a huge fan of Trump but let's be honest here - just like Bush, he's no real conservative. I don't think there are any actual conservatives left in the republican party.

There are some but they never come close to winning. I think someone like Rand Paul would try to curtail federal spending. And we might get legal weed.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
48895 posts
Posted on 5/22/20 at 3:02 pm to
quote:

Did he have a choice? He took over during one of the worst economic downfalls this country ever experienced.


Posted shitty economic numbers over his entire 8 years, all the while blaming Bush's presidency until he left office, only to claim that Trump's economy is his.

Oh.. and downvoting an Oweo post.
This post was edited on 5/22/20 at 3:03 pm
Posted by BestBanker
Member since Nov 2011
19726 posts
Posted on 5/22/20 at 3:02 pm to
This post was edited on 6/1/20 at 7:24 am
Posted by hubertcumberdale
Member since Nov 2009
7894 posts
Posted on 5/22/20 at 3:02 pm to
quote:

Pretty sure barry was president during the biggest jump there baw


Did Obama crash the economy in 2008?
This post was edited on 5/22/20 at 3:03 pm
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11987 posts
Posted on 5/22/20 at 3:02 pm to
Thank Congress and the Fed for taking bankruptcy out of the equation.
Posted by TDsngumbo
Member since Oct 2011
51656 posts
Posted on 5/22/20 at 3:03 pm to
quote:

Thanks obama

Like Trump, Obama didn't really have a choice at the time. Also, if you remember correctly, Bush actually started the stimulus crap back then just before he left office. Obama accelerated it bigly.

If you ask me, neither should've ever happened. The 2008 bailouts were mostly (if not all - I don't remember 100%) for corporations. This time it's spread out across workers and corporations. The 2008 bailouts should've been more focused on workers and this time we never should've even closed up in the first place.
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