How much has Obamacare saved the American people?

Superfreak said:
LMAO... Reagan inherited double digit inflation, high interest rates and high unemployment. The recession of 82-83 was forced to kill the Carter inflation. Volcker led that charge.
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As you can see, even from your own dating of the recession, Reagan inherited a growing economy from Carter.... he also inherited a falling inflation rate. The rate had been as high as 17.0% in January 1980, and, thanks to Carter's inflation-busting pick to head the Fed, it had fallen to around 11.2% in Reagan's first month, and was heading still lower (6.8% in Reagan's fourth month). But, then the Reagan recession started that summer.

You continue to ignore this fact on Obama. 2008 deficit was under $460B the highest in history to that point. Obama was OVER that amount all but one year of his Presidency.
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What's your point? He inherited a massive deficit and an epic economic meltdown from Bush. He brought the deficit down as fast as could reasonably have been expected. Any faster and we almost surely would have double-dipped into a second recession, like much of Europe.
 
cawacko said:
You stated it as fact and I'm having a difficult time understanding it as such. It was called the dot com bubble for a reason.
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I never even mentioned the dot com bubble, or the Y2K scare, so this isn't something I stated as a fact. It's something you've injected into the debate. So, what point are you trying to make?
 
Oneuli said:
As you can see, even from your own dating of the recession, Reagan inherited a growing economy from Carter.... he also inherited a falling inflation rate. The rate had been as high as 17.0% in January 1980, and, thanks to Carter's inflation-busting pick to head the Fed, it had fallen to around 11.2% in Reagan's first month, and was heading still lower (6.8% in Reagan's fourth month). But, then the Reagan recession started that summer.



What's your point? He inherited a massive deficit and an epic economic meltdown from Bush. He brought the deficit down as fast as could reasonably have been expected. Any faster and we almost surely would have double-dipped into a second recession, like much of Europe.
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Liar


National Debt Under Obama

Depending on who you ask, President Obama added anywhere from $983 billion to $9 trillion to the national debt. Who's lying? None of them. There are three ways to look at the debt added by any president.

Obama's debt contribution was $983 billion between 2009 and 2017.

https://www.thebalance.com/national-debt-under-obama-3306293
 
Truth Detector said:
You moron; where else would they go if not for the massive record of $1.4 trillion he racked up. They didn't go down as a result of less spending you incoherent dumbass; they went down as a result of higher revenues. Spending INCREASED over that time period not decreased.
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Spending has increased over every significant period in US history, as have revenues. What makes the difference between eras with rising deficits (e.g., Reagan, Bush, Bush, Trump), and eras with falling deficits (e.g., Clinton, Obama) is whether the rate of revenue increase or the rate of spending increase is greater. You should read more about economics so you can engage on the topic intelligently. Good luck!
 
Oneuli said:
I never even mentioned the dot com bubble, or the Y2K scare, so this isn't something I stated as a fact. It's something you've injected into the debate. So, what point are you trying to make?
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Your quote:

""Even when the economy eventually slipped into recession, during Bush's first term, it was an unusually short and shallow recession, because the fundamentals were strong. It was basically just an engineered recession from Greenspan raising rates to try to get Bush into office... and even then, it may have been avoidable if not for the 9/11 attacks.""

The economy went into recession before 9/11 and went into recession because of the dot com bubble. And Greenspan didn't drive it into recession. The dot com bubble was unsustainable. You're young, are you familiar with the companies at the time that were getting funded?
 
Oneuli said:
As you can see, even from your own dating of the recession, Reagan inherited a growing economy from Carter.... he also inherited a falling inflation rate. The rate had been as high as 17.0% in January 1980, and, thanks to Carter's inflation-busting pick to head the Fed, it had fallen to around 11.2% in Reagan's first month, and was heading still lower (6.8% in Reagan's fourth month). But, then the Reagan recession started that summer.



What's your point? He inherited a massive deficit and an epic economic meltdown from Bush. He brought the deficit down as fast as could reasonably have been expected. Any faster and we almost surely would have double-dipped into a second recession, like much of Europe.
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Debunking Obama's Fiscal Record

https://www.google.com/amp/s/www.us...-real-economic-record-isnt-pretty?context=amp
 
Truth Detector said:
Moron; the deficit didn't decrease as a result of LOWER spending. Damn you are dense.https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
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fed_receipt_sum_2.png


All she can say in response is "that's not how semicolons work"?
 
Oneuli said:
No, the goal posts are right where they started. It's just that you're half a mile away from the football field, hitting undefended layups on an abandoned basketball court, and whining that I'm not trying to stuff your shot. This was never about whether or not Obama's sales pitch was honest. That's an argument you're having with yourself. Have fun with it. Or, when you find your testicles and are ready to talk about the actual issue I brought up, the goal posts will still be waiting for you here.
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IDIOT Translation:

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Jonathan Gruber Videos: Oneuli "Too Stupid to Understand" Obamacare
 
Obamacare is not only unconstitutional , but on a path to insolvency,
please stop defending it

it was built ona lie, sold on a lie, and is going to die a slow death
 
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