United States Austerity: Government now spending less nominally than Bush

[wabashwonders]

I'll tell you what I'll do for you, I won't require the $6K minimum that Vit did in the poker bet. How about a $500 minimum? Is that reasonable? And we can go as high as you like.

Let's do this. OK Fraud?

Lol, zit pounding his chest like Superman just because he has some degrees.

 

[SheriffJoe]

When conservatives examine spending records that's what they use. When normal people examine Government expenditures they simply use increases and decreases to Government expenditures. Basic math says during a recession Spending to GDP will go up. You can either reduce spending to try to drive spending down and spending to GDP up or you can increase spending (what Reagan did) to drive GDP up which can also result in lowering the spending to GDP.

It's really basic math that you are not understanding, lol.

Reagan didn't increase spending and government spending doesn't drive up GDP.

Stop lying.

 

[akphidelt]

Reagan didn't increase spending and government spending doesn't drive up GDP.

Stop lying.

Is this guy serious? Lmao!!

 

[SheriffJoe]

Is this guy serious? Lmao!!

Prove me wrong.

As you can see, generally speaking, the problem really isn't what one president does to the next (well, except for the Kenyan who's spending is out of control). The problem is the massive welfare state imposed on Americans when Democrats enjoyed large majorities, and the interest on that monster which will haunt the country for generations to come. Ultimately, it will be the economy's undoing.

Those are the no-spin facts.

The rest is political bullshit...especially the garbage you're spewing.

 

[Acebb]

Let me ask you a question...

Year 1:
Spending 100
GDP 1000
Spending to GDP 10%

Year 2:
Spending 90
GDP 800
Spending to GDP 11.25%

Get out your Conservative Calculator. Did Govt spending go up or down? Lol

Un-freakin-believable

The only other years since 1946 in which federal spending exceeded 23 percent of GDP came in 1982 and 1983, with 23.1 percent and 23.5 percent, respectively. That was during and immediately after the 1981-82 recession -

Do you want to guess why that is?

 

[akphidelt]

Un-freakin-believable

The only other years since 1946 in which federal spending exceeded 23 percent of GDP came in 1982 and 1983, with 23.1 percent and 23.5 percent, respectively. That was during and immediately after the 1981-82 recession -

Do you want to guess why that is?

So did spending go up or down in my example? Let's start there.

 

[Acebb]

"Austerity" would be returning to the FY 2000 budget which had outlays of 18% of GDP

 

[SheriffJoe]

Reagan knew better than the Kenyan Manchild Marxist occupying the White Hut, and left the American people alone.

 

[Acebb]

So did spending go up or down in my example? Let's start there.

Your example is neither realistic or relevant.

Remember when I said you don't understand how this is calculated or why it is used?

Start there.

As I said, you don't know a whole lot about this topic.

 

[akphidelt]

Prove me wrong.

As you can see, generally speaking, the problem really isn't what one president does to the next (well, except for the Kenyan who's spending is out of control). The problem is the massive welfare state imposed on Americans when Democrats enjoyed large majorities, and the interest on that monster which will haunt the country for generations to come. Ultimately, it will be the economy's undoing.

Those are the no-spin facts.

The rest is political bullshit...especially the garbage you're spewing.

Just a basic understanding of GDP is all you need to know you are wrong, lol.

 

[akphidelt]

Your example is neither realistic or relevant.

Remember when I said you don't understand how this is calculated or why it is used?

Start there.

Once again, did spending go up or down in my example?

 

[Acebb]

If you think this is "Austerity" you need your head examined

 

[akphidelt]

If you think this is "Austerity" you need your head examined

What does this have to do with austerity? Lol. You still don't get it. Let's start from square one. In my example did spending go up or down?

 

[SheriffJoe]

Just a basic understanding of GDP is all you need to know you are wrong, lol.

Nope. I'm not. You are.

And I can sum up your own thread that is crushing you in one sentence:

"All too often when liberals cite statistics, they forget the statisticians' warning that correlation is not causation."

You're not a statistician, you're a hardline Big Government spenda-holic Keynesian who believes in some fictitious correlation between government spending and GDP.

You're just wrong.

Nothing you have posted proves otherwise.

End of story.

 

[akphidelt]

Nope. I'm not. You are.

And I can sum up your own thread that you are getting crushed in with one sentence:

"All too often when liberals cite statistics, they forget the statisticians' warning that correlation is not causation."

You're a hardline Big Government spenda-holic Keynesian, so you believe there is some fictitious correlation between spending and GDP.

You're just wrong.

Nothing you have posted proves otherwise.

End of story.

Nah, you are in fact very dumb. I think everyone can come to that conclusion.

 

[Acebb]

Once again, did spending go up or down in my example?

It doesn't matter because your example isn't relevant to the conversation.

For example, US GDP was $6,468 B in Q1 1982
It was then $6,486 B in Q4 and by Q11983 it was $6,571 B

 

[Acebb]

What does this have to do with austerity? Lol. You still don't get it. Let's start from square one. In my example did spending go up or down?

There is no austerity

That's what.

 

[akphidelt]

It doesn't matter because you example isn't relevant to the conversation.

For example, US GDP was $6,468 B in Q1 1982
It was then $6,486 B in Q4 and by Q11983 it was $6,571 B

And what did Reagan do with spending? Did he cut spending or increase spending?

 

[Acebb]

Isn't it funny how the left loves to cite the Jobs record of Clinton?

Note the decline in federal spending in the chart in post #412 and the resulting job growth.

Every year from 1992 through 2000 federal spending as a % of GDP shrank and almost 20 million jobs were added during that time.

Government spending creating jobs is a laughable suggestion.

 

[SheriffJoe]

Nah, you are in fact very dumb. I think everyone can come to that conclusion.

LOL

People are pissing their pants laughing how stupid you look in this thread.

You should have just ridden off quietly into the sunset with vtard lol