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Interesting that the beginnings of the deficit spending and debt burden almost exactly coincide with the development and implementation of Roosevelt's New Deal.

The New Deal represented a significant shift in political and domestic policy in the USA, its more lasting changes being increased federal government regulation of the economy. It also marked the beginning of complex social programs and growing power of labor unions.

Looks like the chickens came home to roost in about 1970. 35 years of living on the government teet hit the fan in 1970 and we've never really been able to recover. Obama's election really just expedited the inevitable.

We're fucked.

AZGrizFan wrote:Interesting that the beginnings of the deficit spending and debt burden almost exactly coincide with the development and implementation of Roosevelt's New Deal.

The New Deal represented a significant shift in political and domestic policy in the USA, its more lasting changes being increased federal government regulation of the economy. It also marked the beginning of complex social programs and growing power of labor unions.

Looks like the chickens came home to roost in about 1970. 35 years of living on the government teet hit the fan in 1970 and we've never really been able to recover. Obama's election really just expedited the inevitable.

We're fucked.

/takes off partisan hat

that graph corresponds directly to rise of television and other mass communication mediums. has nothing to do with the new deal - or even the war... but rather the policies and decisions that came after - that were a result of having to campaign via mass communications... the military industrial complex arose because no pol anywhere wanted to be "soft on defense" domestic spending rose because nobody wanted to be accused of "turning their back on the children"

and sure as shit nobody wanted to raise revenues for this because to be a dreaded "tax raiser" is electoral suicide... not for nothing... but voters are reaping what they've sewn, they want everything but not to pay for it... and, not to be a total dick about it - but the debt has EXPLODED as the Baby Boomers have become the ones making the decisions... the same boomers who never could live within their means...

/puts partisan hat back on

TwinTownBisonFan wrote:

AZGrizFan wrote:Interesting that the beginnings of the deficit spending and debt burden almost exactly coincide with the development and implementation of Roosevelt's New Deal.





Looks like the chickens came home to roost in about 1970. 35 years of living on the government teet hit the fan in 1970 and we've never really been able to recover. Obama's election really just expedited the inevitable.

We're fucked.

/takes off partisan hat

that graph corresponds directly to rise of television and other mass communication mediums.

Exactly. As the government leech-sucking ne'er-do-wells figured out better and faster ways to get their word out, the deficit rose faster and faster. Look how it explodes after the advent of the internet. It's like a snowball rolling downhill.

AZGrizFan wrote:

TwinTownBisonFan wrote:


/takes off partisan hat

that graph corresponds directly to rise of television and other mass communication mediums.

Exactly. As the government leech-sucking ne'er-do-wells figured out better and faster ways to get their word out, the deficit rose faster and faster. Look how it explodes after the advent of the internet. It's like a snowball rolling downhill.

Gosh, AZGF, your nice graph invites a counter-graph by Jellybelly in 4-3-2-....

Ivytalk wrote:

AZGrizFan wrote:
Exactly. As the government leech-sucking ne'er-do-wells figured out better and faster ways to get their word out, the deficit rose faster and faster. Look how it explodes after the advent of the internet. It's like a snowball rolling downhill.

Gosh, AZGF, your nice graph invites a counter-graph by Jellybelly in 4-3-2-....

Hey, buttnugget. Could you be quiet here? I'm fishing....

AZGrizFan wrote:

Ivytalk wrote:
Gosh, AZGF, your nice graph invites a counter-graph by Jellybelly in 4-3-2-....

Hey, buttnugget. Could you be quiet here? I'm fishing....

and since I didn't bite way he wanted...

TwinTownBisonFan wrote:

AZGrizFan wrote:
Hey, buttnugget. Could you be quiet here? I'm fishing....

and since I didn't bite way he wanted...

No, you're helping.

looks like it was in check until the 1980's

This graph proves that Bill Clinton was the greatest president since 1939

Skjellyfetti wrote:looks like it was in check until the 1980's

Yeah, it's Reagan's fault. I don't suppose you noticed the rate of increase. Between 1970 and 19801, the national debt more than doubled. Have you thought about comparing the levels of national debt with GDP? That's what really matters.

Skjellyfetti wrote:looks like it was in check until the 1980's

Really? 1980's? Try 1968.

Chizzang wrote:This graph proves that Bill Clinton was the greatest president since 1939

kalm wrote:

Chizzang wrote:This graph proves that Bill Clinton was the greatest president since 1939

Either that or it proves that the terrorists are applying our "bankrupt the Russians" philosophy from the 1980's against us.

TwinTownBisonFan wrote:

AZGrizFan wrote:Interesting that the beginnings of the deficit spending and debt burden almost exactly coincide with the development and implementation of Roosevelt's New Deal.





Looks like the chickens came home to roost in about 1970. 35 years of living on the government teet hit the fan in 1970 and we've never really been able to recover. Obama's election really just expedited the inevitable.

We're fucked.

/takes off partisan hat

that graph corresponds directly to rise of television and other mass communication mediums. has nothing to do with the new deal - or even the war... but rather the policies and decisions that came after - that were a result of having to campaign via mass communications... the military industrial complex arose because no pol anywhere wanted to be "soft on defense" domestic spending rose because nobody wanted to be accused of "turning their back on the children"

and sure as shit nobody wanted to raise revenues for this because to be a dreaded "tax raiser" is electoral suicide... not for nothing... but voters are reaping what they've sewn, they want everything but not to pay for it... and, not to be a total dick about it - but the debt has EXPLODED as the Baby Boomers have become the ones making the decisions... the same boomers who never could live within their means...

/puts partisan hat back on

Fuck yes.

Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

That, or he's going to claim that he signed a federal budget with the largest spending cuts in history.

kalm wrote:

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

That, or he's going to claim that he signed a federal budget with the largest spending cuts in history.

Fuck Obama.

kalm wrote:

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

That, or he's going to claim that he signed a federal budget with the largest spending cuts in history.

I thought it was tax cuts?

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

if you can find more than a handful of voters who will decide their vote on the debt... I'll buy you a cigar.

not happening.

that kind of stuff makes voters go a big rubbery one.

TwinTownBisonFan wrote:

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

if you can find more than a handful of voters who will decide their vote on the debt... I'll buy you a cigar.

not happening.

that kind of stuff makes voters go a big rubbery one.

Really? I could name 30 right now. Does that count as a "handful"?

The gear shifts came at:

1. Reagan
2, Dumbya
3. Messiah (not even reflected on the graph)

Those last two coming back to back are causing the engine to lug.

93henfan wrote:The gear shifts came at:

1. Reagan
2, Dumbya
3. Messiah (not even reflected on the graph)

Those last two coming back to back are causing the engine to lug.

Transmission's in 5th gear, but we're only doing 15.

D1B wrote:

kalm wrote:
That, or he's going to claim that he signed a federal budget with the largest spending cuts in history.

**** Obama.

Barry's counting the days until he can quit being POTUS and teach El Tigre how to putt.

TwinTownBisonFan wrote:

Bronco wrote:Should make a good campaign commercial
--

President Obama said today that he is going to cut the federal deficit in half by 2013.

“I refuse to leave our children with a debt they cannot repay,” he said in remarks opening the one-day summit at the White House. “We cannot and will not sustain deficits like these without end. ... We cannot simply spend as we please.” (source: CNN)

if you can find more than a handful of voters who will decide their vote on the debt... I'll buy you a cigar.

not happening.

that kind of stuff makes voters go a big rubbery one.

I can name several hundred. Had dinner with em a couple weeks ago.

AZGrizFan wrote:

TwinTownBisonFan wrote:
if you can find more than a handful of voters who will decide their vote on the debt... I'll buy you a cigar.

not happening.

that kind of stuff makes voters go a big rubbery one.

Really? I could name 30 right now. Does that count as a "handful"?

not in electoral politics...

polling continuously tells us that voters don't give a shit about the debt (and considering something like 70% is owned by American bond holders... that might even make some sense)