Could Ronald Reagan still get the Republican nomination?

Does all the surplus from a fiscal year HAVE TO BE APPLIED TO THE DEBT?

Again, learn the difference between an ACTUAL surplus and a BUDGET surplus.

A BUDGET surplus can either go to pay down the debt OR it can be spent on other things.

Realizing an ACTUAL surplus occurs ONLY if the DEBT GOES DOWN year over year. If the debt goes UP, you obviously do not have an ACTUAL surplus.

Now... How many times does this have to be explained to you before you get it?
 
Again, learn the difference between an ACTUAL surplus and a BUDGET surplus.

A BUDGET surplus can either go to pay down the debt OR it can be spent on other things.

Realizing an ACTUAL surplus occurs ONLY if the DEBT GOES DOWN year over year. If the debt goes UP, you obviously do not have an ACTUAL surplus.

Now... How many times does this have to be explained to you before you get it?

I understand your use of 'actual', now that you framed it in this post. I thought you were claiming Clinton didn't have budget surpluses.

If debt is your hot button, then I find it hard to understand why Reagan would be a hero, or any modern Republican...

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White House 2002

‘You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.’
VP Dick Cheney to Treasury Secretary Paul O'Neill

George W. Bush: ‘Haven't we already given money to rich people? This second tax cut's gonna do it again’

His advisers: ‘Well Mr. President, the upper class, they're the entrepreneurs. That's the standard response.’

George W. Bush: ‘Well, shouldn't we be giving money to the middle, won't people be able to say, ‘You did it once, and then you did it twice, and what was it good for?’

Karl Rove: ‘Stick to principle. Stick to principle.’ He says it over and over again, 'Don’t waver.'

In the end, the president didn't. And nine days after that meeting in which O'Neill made it clear he could not publicly support another tax cut, the vice president called and asked him to resign.

Bush Sought ‘Way’ To Invade Iraq - 60 Minutes - CBS News

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When Ronald Reagan took office, the gross national debt sat at 33.4 percent of the annual GDP. The public debt stood at 26.1 percent. That was the total accumulated national debt — the New Deal, World War II, Vietnam, all of it.

During the cheery Decade of the Gipper, gross debt skyrocketed to 55.9 percent and public debt increased to 42 percent.

Enter Bill Clinton. When he left office in 2000, that 55.9 percent had risen only slightly to 58 percent, and, amazingly, the public debt had actually dropped to 35.1 percent. An increase in the gross debt of only 2.1 percent (in eight years!) combined with a public debt decrease of 6.9 percent.

In comes George W. Bush, and whoosh — so much for the trend line. Eight years later, 55.9 percent had risen to a whopping 86.1 percent, the public debt had risen to 54.6 percent … and then came the meltdown of the summer and fall of 2008.

The spin at the Republican National Committee, when you bring all this up, is “OK, we learned our lesson and won’t make the same mistakes again. This time we mean business.”

You conservatives are calling for smaller government and apparently the idea is winning you votes. So, OK, here’s an idea: How about a statute that limits the amount of federal money going to states to the amount of taxes paid out by residents of those same states? That would have the effect not only of saving money, but making government smaller.

Before you answer, consider: America has its “productive states,” and, well, all the rest. States that aren’t so, er … productive. The bad news for you conservatives is that almost every one of the states on the public dole is a red state — your states, the “Real America” states.

As a result, “Real Americans” are relying for their survival on the godless, socialist, perversion-on-every-block blue states, such as — egads! — California (which receives only 78 cents back for every dollar its residents pay in) and New York (only 79 cents back on the every tax dollar sent to Washington). And all the while, these liberal citizens have to put up with nonstop rants directed at them by your cadre of mindless pundits.

As you might imagine, this arrangement isn’t going down well in Blueland.

You see, the 18 bluest-of-the-godless-blue states receive on average only 87 cents in federal tax dollars for every tax dollar paid. On the other hand, the 18 reddest states average a tidy $1.37 for every dollar mailed off to the IRS. Such a deal!

Let’s get specific: California, which we know is broke, subsidizes that sanctimonious buckeroo state, Alaska ($1.84 on the dollar), and doesn’t get so much as a howdy-doo for their trouble.

My guess? Even should you “conservatives” win back temporary control of the Congress and finally face the reality of governing, when push comes to shove you will resist any cuts to most of the so-called social safety net (and related sources of federal largess). You pretty much have to because if you don’t, what’s going to happen back home?

Indeed, if past is prologue, your new red state members of Congress will use those same arcane Senate rules to keep the “good times” coming, while voting against all social and economic policy proposals that smack of “secular humanism” — you know, godless things, like energy legislation, health care reform, Wall Street reform, regulation of Big Oil, Big Tobacco and Big Agriculture, etc.
Subsidizing the red states
 
I understand your use of 'actual', now that you framed it in this post. I thought you were claiming Clinton didn't have budget surpluses.

Go back and read post 41 and then explain how it is that you were so inept to think I was claiming Clinton didn't have budget surpluses. I was perfectly clear and I was perfectly clear in each subsequent post that I was talking about ACTUAL numbers.

You are just embarrassed and trying to spin your way out of it.
 
They are in surplus for that fiscal year instead of in deficit for that fiscal year. BUT...the debt accumulates from previous years.
Total rubbish. Surplus is surplus. If they actually realized a surplus they would not have to borrow money (as they did in each of those years) to pay the bills.

Again, I can produce a budget that puts my company in "surplus" every year, but if I outspend that budget every year I never have an actual surplus.

Plus, this "surplus" was created by simply robbing the Social Security "trust fund" the rest of the way. Pretending that debt owed to people in the US isn't debt doesn't change the reality either.

The reality, Bfgrn, is that they borrowed money to cover the bills for each of those years. Budgeting a surplus did not a surplus make. During a surplus the debt would not increase, regardless of whether the money went to paying the debt or it didn't the debt would not increase if we realized a surplus rather than just budgeting for one then surpassing the budgeted spending to the point where we borrowed money and increased the debt.
 
Total rubbish. Surplus is surplus. If they actually realized a surplus they would not have to borrow money (as they did in each of those years) to pay the bills.

Again, I can produce a budget that puts my company in "surplus" every year, but if I outspend that budget every year I never have an actual surplus.

Plus, this "surplus" was created by simply robbing the Social Security "trust fund" the rest of the way. Pretending that debt owed to people in the US isn't debt doesn't change the reality either.

The reality, Bfgrn, is that they borrowed money to cover the bills for each of those years. Budgeting a surplus did not a surplus make. During a surplus the debt would not increase, regardless of whether the money went to paying the debt or it didn't the debt would not increase if we realized a surplus rather than just budgeting for one then surpassing the budgeted spending to the point where we borrowed money and increased the debt.

The fact that the only way you can claim a surplus is to ignore the money "borrowed" from Social Security makes the claim nonsense.
 
The fact that the only way you can claim a surplus is to ignore the money "borrowed" from Social Security makes the claim nonsense.

the truly funny part is Bfgrn tried lecturing me because he felt I didn't know the difference between debt and deficit.

Bottom line: he has no clue when it comes to this topic. He is stuck spouting left wing talking points that his masters fed to him. He is in way over his head on this topic.
 
the truly funny part is Bfgrn tried lecturing me because he felt I didn't know the difference between debt and deficit.

Bottom line: he has no clue when it comes to this topic. He is stuck spouting left wing talking points that his masters fed to him. He is in way over his head on this topic.

The bottom line is I know the difference between deficits and debt, which many people confuse. But what you are trying to do is either totally moronic or totally ideological. You are trying to deflect blame and protect Reagan. If deficits and debt are your hot buttons, then you are ignoring the 800 lb elephant in the room...

It took the United States 200 years to accumulate it's first 1 trillion dollars in debt. It took Reagan only 5 years to double it. Let me say that again...it took Reagan only 5 years to double it. Put another way, EVERY president who preceded Reagan, from George Washington to Jimmy Carter, including the million of hardships and events America faced; a Civil War, westward expansion, two world war, a great depression, the Korean War, the Vietnam War, the implementation of massive government work projects, social programs like Social Security, Medicare and Medicaid ALL cost the SAME as Ronald Reagan's first 5 years...

Only a REAL MORON would look anywhere else than Ronald Reagan, the biggest socialist in American history.
 
democrats almost always take a knife to a gun fight when it's economics.

Carter is thier Icon - and he's blamed for the worst economy ever, Clinton besides getting lucky to reign during the tech boom also was forced to do what republicans in congress demanded ie welfare reform.
It's fucking comical, please don't stop.
 
democrats almost always take a knife to a gun fight when it's economics.

Carter is thier Icon - and he's blamed for the worst economy ever, Clinton besides getting lucky to reign during the tech boom also was forced to do what republicans in congress demanded ie welfare reform.
It's fucking comical, please don't stop.

When it comes to economics, ANYONE who votes Republican is a MORON. The most egregious debt creators were Reagan who took 200 years of accumulated wealth and gave it to the elite and opulent and George W. Bush, who started two wars that will cost America 3 trillion dollars without any way to pay for it. The cocksucker didn't even include the wars in his budget.

You right wing pea brains should be in padded cells.
 
The bottom line is I know the difference between deficits and debt, which many people confuse.

No. You clearly do not understand. I have spelled it out for you many times and you STILL don't get it.

But what you are trying to do is either totally moronic or totally ideological. You are trying to deflect blame and protect Reagan. If deficits and debt are your hot buttons, then you are ignoring the 800 lb elephant in the room...

You truly are an idiot. I point out to you that the national debt increased every year since Ike and you say that is 'trying to protect Reagan'. you pretend that Clinton had actual surpluses. I corrected you many times on that and you still don't get it.


It took the United States 200 years to accumulate it's first 1 trillion dollars in debt. It took Reagan only 5 years to double it. Let me say that again...it took Reagan only 5 years to double it. Put another way, EVERY president who preceded Reagan, from George Washington to Jimmy Carter, including the million of hardships and events America faced; a Civil War, westward expansion, two world war, a great depression, the Korean War, the Vietnam War, the implementation of massive government work projects, social programs like Social Security, Medicare and Medicaid ALL cost the SAME as Ronald Reagan's first 5 years...

You are quite the riot. I am well aware of what the debt has done. Now take a look at the percentage increases in debt. That will give you a better apples to apples comparison.

Reagan initially ramped up spending to help our dilapidated military regain its form after Carter let it dwindle. He also faced the disaster of the economy in shambles that Carter left him. Carter's one saving grace was the appointment of Volcker.

Your above comment is also comical in stating that the debt prior to Reagan included the costs of SS, Medicare, Medicaid and other social safety nets constructed in the past under Roosevelt and Johnson. It is comical because those components of our national spending have escalated at far faster paces than 'projected' by the 'experts' in government under Roosevelt and Johnson. Take a look at our budget sometime. Those social programs you mention STILL eat huge chunks of our budget each year.

Only a REAL MORON would look anywhere else than Ronald Reagan, the biggest socialist in American history.

That truly made me laugh. Tell us oh wise one... WHO created the socialistic safety programs in place today? Who just created yet another one?
 
When it comes to economics, ANYONE who votes Republican is a MORON. The most egregious debt creators were Reagan who took 200 years of accumulated wealth and gave it to the elite and opulent and George W. Bush, who started two wars that will cost America 3 trillion dollars without any way to pay for it. The cocksucker didn't even include the wars in his budget.

You right wing pea brains should be in padded cells.

It is comical calling Toppy a right winger. He is anything but.

Total debt creation under Reagan... $1.6 Trillion
Clinton $1.7 trillion
Bush Sr. $1.2 Trillion (4 years)
Bush Jr. $5.8 trillion
Obama $2 Trillion (<2 years)

So out of the above group... the worst are Obama and Bush Jr. then Bush Sr., then Reagan, then Clinton.

Though the fact that Clinton raised so much debt in a time where he cut the military and had the luxury of a booming economy should be duly noted.
 
No. You clearly do not understand. I have spelled it out for you many times and you STILL don't get it.



You truly are an idiot. I point out to you that the national debt increased every year since Ike and you say that is 'trying to protect Reagan'. you pretend that Clinton had actual surpluses. I corrected you many times on that and you still don't get it.




You are quite the riot. I am well aware of what the debt has done. Now take a look at the percentage increases in debt. That will give you a better apples to apples comparison.

Reagan initially ramped up spending to help our dilapidated military regain its form after Carter let it dwindle. He also faced the disaster of the economy in shambles that Carter left him. Carter's one saving grace was the appointment of Volcker.

Your above comment is also comical in stating that the debt prior to Reagan included the costs of SS, Medicare, Medicaid and other social safety nets constructed in the past under Roosevelt and Johnson. It is comical because those components of our national spending have escalated at far faster paces than 'projected' by the 'experts' in government under Roosevelt and Johnson. Take a look at our budget sometime. Those social programs you mention STILL eat huge chunks of our budget each year.



That truly made me laugh. Tell us oh wise one... WHO created the socialistic safety programs in place today? Who just created yet another one?

Looks like some more myth busting is in order.

http://www.huppi.com/kangaroo/L-carterreagan.htm
 
Looks like some more myth busting is in order.

http://www.huppi.com/kangaroo/L-carterreagan.htm

what myth exactly are you busting???

Looking at your chart, inflation was at 5.8% when Carter took over (yes, that was high).... but each year of Carter's reign inflation increased. Not saying it was his fault as the oil crisis certainly was a large contributor. But until late 1979, Carter showed no signs of knowing what to do. Appointing Volcker in the fall of 79 was the saving grace for Carter (in terms of not being among the worst Presidents ever). Reagan keeping Volcker also played a large part in why the economy rocked.

Bottom line though.... America under Carter was a horrid place. High inflation, high unemployment and little to no faith by the American public that Carter knew what to do to lead us out of it. Not all of it was his fault, but it was his lack of leadership capabilities that cost him the election in 1980.

Whether a President is handed a crappy economy or not, they are expected to LEAD us out of it. Carter did not do so. Reagan did. Bush Jr. did not. Thus far, Obama has not.
 
U.S. president Increase debt/GDP

U.S. president/ Term years/ Increase debt/GDP
George W. Bush /2005–2009 /+20.0%
George H. W. Bush/ 1989–1993/ +15.0%
Ronald Reagan / 1981–1985/ +11.3%
Ronald Reagan / 1985–1989/ +9.3%
George W. Bush/ 2001–2005/ +7.1%
Nixon/Ford/ 1973–1977/ +0.2%
Bill Clinton/ 1993–1997/ -0.7%
Richard Nixon/ 1969–1973/ -3.0%
Jimmy Carter/ 1977–1981/ -3.3%
Dwight Eisenhower/ 1957–1961/ -5.2%
Kennedy/Johnson/ 1961–1965/ -8.3%
Lyndon Johnson/ 1965–1969/ -8.3%
Bill Clinton/ 1997–2001/ -9.0%
Dwight Eisenhower/ 1953–1957/ -11.0%
Harry Truman/ 1949–1953/ -21.7%
Roosevelt/Truman/ 1945–1949/ -24.4%

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
 
what myth exactly are you busting???

Looking at your chart, inflation was at 5.8% when Carter took over (yes, that was high).... but each year of Carter's reign inflation increased. Not saying it was his fault as the oil crisis certainly was a large contributor. But until late 1979, Carter showed no signs of knowing what to do. Appointing Volcker in the fall of 79 was the saving grace for Carter (in terms of not being among the worst Presidents ever). Reagan keeping Volcker also played a large part in why the economy rocked.

Bottom line though.... America under Carter was a horrid place. High inflation, high unemployment and little to no faith by the American public that Carter knew what to do to lead us out of it. Not all of it was his fault, but it was his lack of leadership capabilities that cost him the election in 1980.

Whether a President is handed a crappy economy or not, they are expected to LEAD us out of it. Carter did not do so. Reagan did. Bush Jr. did not. Thus far, Obama has not.

Stagflation had plagued the US since the mid 60s, Carter not only inherited that, he also had the second oil crisis to deal with. I contend that if he had been re-elected in 1980, then he would now be lauded as one of the greatest Presidents of all time.

Reagan should have been impeached several times over for his crimes, how the fuck he got away with it is still a total mystery to me. They wanted to impeach Clinton for a blowjob for Christ's sake, when Reagan's admin operated like the Mafia, I suppose that implies that he was the capo di tutti capi but he was such a bad manager that he didn't seem to know what was going on most of the time.
 
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And the vote from our delegate in North Carolina has just been declared.

Reagan should have been impeached several times over for his crimes, how the fuck he got away with it is still a total mystery to me. They wanted to impeach Clinton for a blowjob for Christ's sake, when Reagan's admin operated like the Mafia, I suppose that implies that he was the capo di tutti capi but he was such a bad manager that he didn't seem to know what was going on most of the time.
 
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I've never heard anyone, even a liberal, declare admiration for Jiminy like that before. You are truly a dumb bastard.
 
Stagflation had plagued the US since the mid 60s, Carter not only inherited that, he also had the second oil crisis to deal with. I contend that if he had been re-elected in 1980, then he would now be lauded as one of the greatest Presidents of all time.

Reagan should have been impeached several times over for his crimes, how the fuck he got away with it is still a total mystery to me. They wanted to impeach Clinton for a blowjob for Christ's sake, when Reagan's admin operated like the Mafia, I suppose that implies that he was the capo di tutti capi but he was such a bad manager that he didn't seem to know what was going on most of the time.

You are incorrect on your timeline for stagflation. Inflation had plagued the US since the early 1970's. But we were at full employment (5%) or better from 1965-1970 and remained under 6% until 1975. Ford lost because of the combo of high inflation and rising unemployment. You are correct to state that Carter inherited the situation, but Carter was elected on the expectations that he would combat the issue.

It is similar to the situation Obama inherited. People know he inherited a mess. But he will lose the election in 2012 if the economy is not back on track by then (barring a really stupid nomination from the Reps... which could happen).

lol.... your bitterness towards Reagan is duly noted. You didn't like him. We get it. You don't understand why so many Americans did like his leadership (this is not to say they liked every single decision he made)... we get that too.

As for Carter.... even if he had been re-elected, he would not have been seen as a great President. He was always considered weak when it came to foreign policy. He was perceived by the world as a push over.... and he did nothing to dispel that image. He MIGHT have been seen in a better light given that Volcker's tactics dramatically helped the economy in the long run. The problem Carter would have had is enduring 81/82. Reagan was new and thus given the benefit of the doubt. Plus Reagan was masterful at conveying 'hope' in the future of the country which provided reassurance to the masses. Carter would have been in years 5 & 6 of his Presidency. It would have been the 5th and 6th years of misery for the country under his leadership. Obviously we can only speculate as to what 'might have been', but somehow I doubt his image would have been able to come back from 6 years of pain, no matter what the final two years brought.
 
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