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<blockquote data-quote="The Other Side" data-source="post: 865388" data-attributes="member: 17969"><p>Youre not serious with this post? Your own article stated this "<span style="color: #800080">Finally, there's the national debt. When Bush took office in January 2001, the debt was about $5.7 trillion, according to Treasury Department figures. When Bush was sworn in for his second term in January 2005, the debt stood at about $7.6 trillion. When Bush left office in January 2009, the debt was $10.6 trillion. He had increased the national debt almost $2 trillion in his first term and $3 trillion in his second, for a total increase of nearly $5 trillion over both terms. (Of that $3 trillion increase in Bush's second term, $2 trillion came under a Democratic Congress.) The debt stood at $10.6 trillion when Barack Obama took office in January 2009. Now, it's about $14.4 trillion. The president has increased the national debt nearly $4 trillion in his first two and a half years in office. By the time Obama finishes his first term, he will have increased the national debt by somewhere in the $5 trillion-to-$6 trillion range -- more than Bush did in two terms</span>.""</p><p></p><p>Here's a fact for you Moreluck: In a February 28, 2001, message to the Congress, Bush estimated that there would be a $5.6 trillion surplus over the next ten years.[SUP]<span style="font-size: 10px"><span style="color: #0645ad">[94]</span></span>[/SUP] Facing opposition in Congress, Bush held town hall-style public meetings across the U.S. in 2001 to increase public support for his plan for a $1.35 trillion <span style="color: #0645ad">tax cut program</span>—one of the largest tax cuts in U.S. history.[SUP]<span style="font-size: 10px"><span style="color: #0645ad">[54]</span></span>[/SUP] Bush argued that unspent government funds should be returned to taxpayers, saying "the surplus is not the government’s money. The surplus is the people’s money."[SUP]<span style="font-size: 10px"><span style="color: #0645ad">[54]</span></span>[/SUP] With reports of the threat of recession from Federal Reserve Chairman <span style="color: #0645ad">Alan Greenspan</span>, Bush argued that such a tax cut would stimulate the economy and create jobs.[SUP]<span style="font-size: 10px"><span style="color: #0645ad">[95]</span></span>[/SUP] Others, including the Treasury Secretary at the time <span style="color: #0645ad">Paul O'Neill</span>, were opposed to some of the tax cuts on the basis that they would contribute to budget deficits and undermine <span style="color: #0645ad">Social Security</span>.[SUP]<span style="font-size: 10px"><span style="color: #0645ad">[96]</span></span>[/SUP] O'Neill disputes the claim made in Bush's book "Decision Points" that he never openly disagreed with him on planned tax cuts</p><p></p><p>Dont even attempt at posting that BUSH increased anything other than DEBT.</p><p></p><p>Nice try, but Im afraid I cannot provide you with a cracker this time.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 865388, member: 17969"] Youre not serious with this post? Your own article stated this "[COLOR=#800080]Finally, there's the national debt. When Bush took office in January 2001, the debt was about $5.7 trillion, according to Treasury Department figures. When Bush was sworn in for his second term in January 2005, the debt stood at about $7.6 trillion. When Bush left office in January 2009, the debt was $10.6 trillion. He had increased the national debt almost $2 trillion in his first term and $3 trillion in his second, for a total increase of nearly $5 trillion over both terms. (Of that $3 trillion increase in Bush's second term, $2 trillion came under a Democratic Congress.) The debt stood at $10.6 trillion when Barack Obama took office in January 2009. Now, it's about $14.4 trillion. The president has increased the national debt nearly $4 trillion in his first two and a half years in office. By the time Obama finishes his first term, he will have increased the national debt by somewhere in the $5 trillion-to-$6 trillion range -- more than Bush did in two terms[/COLOR]."" Here's a fact for you Moreluck: In a February 28, 2001, message to the Congress, Bush estimated that there would be a $5.6 trillion surplus over the next ten years.[SUP][SIZE=2][COLOR=#0645ad][94][/COLOR][/SIZE][/SUP] Facing opposition in Congress, Bush held town hall-style public meetings across the U.S. in 2001 to increase public support for his plan for a $1.35 trillion [COLOR=#0645ad]tax cut program[/COLOR]—one of the largest tax cuts in U.S. history.[SUP][SIZE=2][COLOR=#0645ad][54][/COLOR][/SIZE][/SUP] Bush argued that unspent government funds should be returned to taxpayers, saying "the surplus is not the government’s money. The surplus is the people’s money."[SUP][SIZE=2][COLOR=#0645ad][54][/COLOR][/SIZE][/SUP] With reports of the threat of recession from Federal Reserve Chairman [COLOR=#0645ad]Alan Greenspan[/COLOR], Bush argued that such a tax cut would stimulate the economy and create jobs.[SUP][SIZE=2][COLOR=#0645ad][95][/COLOR][/SIZE][/SUP] Others, including the Treasury Secretary at the time [COLOR=#0645ad]Paul O'Neill[/COLOR], were opposed to some of the tax cuts on the basis that they would contribute to budget deficits and undermine [COLOR=#0645ad]Social Security[/COLOR].[SUP][SIZE=2][COLOR=#0645ad][96][/COLOR][/SIZE][/SUP] O'Neill disputes the claim made in Bush's book "Decision Points" that he never openly disagreed with him on planned tax cuts Dont even attempt at posting that BUSH increased anything other than DEBT. Nice try, but Im afraid I cannot provide you with a cracker this time. Peace. [/QUOTE]
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