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From | To | Subject | Date/Time | |||
BOB ACKLEY | AARON THOMAS | Re: Primary Planning |
March 27, 2019 4:29 PM * |
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> MP> necessarily say that for the rest of the field. It is probably too early > MP> to tell, but there could be other candidates who emerge that would not be > MP> as radical as the ones making the most noise right now. > > But doesn't it seem like it's our destiny to get a radical who will double or > triple our debt? I hope not - but they're all trying to outdo each other. Most of that problem is the automatic "entitlement" spending. It took about 210 years and 41 presidencies to run up a national debt of one trillion dollars. That period included the Civil War, the Spanish-American War, World Wars one and two, Korea and most of Vietnam. It took until about 1992 - roughly 20 more years - to add another trillion dollars to that debt. Clinton inherited that two trillion dollar debt and in eight years he doubled it to four trillion (which puts the lie to the claim that he balanced the federal budget). Bush minor inherited Clinton's four trillion dollar debt and doubled it to eight trillion. Obama took that eight trillion debt and more than doubled it to nearly eighteen trillion. Today it's up somewhere around 22 trillion. 73 percent of all national government spending is on the Corruptocrats' vote-buying "entitlement" programs. Defense gets 15% and interest on the debt is a bit more than six percent, which leaves about six percent for the whole rest of the government. > > I guess Biden could be a bit more secure. Let's see how they debate in their > primaries and we'll revisit this question. > > --- Mystic BBS v1.12 A39 2018/04/21 (Raspberry Pi/32) > * Origin: Alcoholiday / Est. 1995 / alco.bbs.io (1:123/525) --- Platinum Xpress/Win/WINServer v3.0pr5 * Origin: Fido Since 1991 | QWK by Web | BBS.FIDOSYSOP.ORG (1:123/140) |
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