Yes I am talking about Obama's DEBT.
Just from the time he has been in office till now his own personal debt responsibility is higher than all previous presidents COMBINED. That is an astronomical stat when you think about it and being in debt doesn't allow you to put up the numbers that this guy has in so little time.
That is the problem he is making NO attempt at all at trying to clean up the mess. He is just making it even worse! You people need to stop treating him with kiddie gloves and realize he was never equipped to be president to begin. Being a crappy senator for a very short time and a community organizer is hardly qualifications for being a President.
And actually in the case of Detroit there is nobody else to blame but the Democrats, they have had solid majority control since the 1960s and it is now a Ghost town. You can keep trying to shift the blame away but it is undisputed fact that they were party who put in place policies that ruined Detroit. We wouldn't even get into all the corrupt Detroit Democratic mayors because that would be too easy.
Debt, as in what they spent so far?
Obama $6 trillion
Reagan $3 trillion
Now, here's where inflation comes in, that funny concept that everyone seems to ignore. In 1980 dollars, $3 trillion = $8.49 trillion. In 1988 dollars, $3 trillion = $5.91 trillion. Since I don't believe Reagan increased it all at once, I'm taking a middle number of 1984 dollars, $3 trillion = $6.74 trillion.
Before talking to me about kid gloves, take off your rosy "Reagan is fiscally responsible model for all" glasses.
As for Detroit, who's really shifting the blame here? It's easy to blame politicians. But if you look at the attitudes of the car-makers and their employees, it is patently obvious they were lazy and complacent. And the unwillingness to compete(i.e., work HARD) is an attitude you still see today, every time people say "buy local," or "buy American."
If Democratic policies were really to blame, don't you think something like the 2008 election would have occurred, and a Republican would have won by now? I suppose you could argue that Democratic policies let people sink into a culture of dependency. That's fair, but then we're entering a chicken-egg problem. I would argue that American laziness is the reason for their voting the way they do, and you're arguing the policies made them lazy.
But then I see the people who argue for higher minimum wages (liberals) and people who argue for protectionist trade and immigration policies (conservatives), so since I see BOTH sides arguing for something that lets them work LESS, I'm going to say the laziness isn't political. It's just how people are. And the only thing politics does is change HOW they argue for their laziness.
Don't kid yourself. Conservatives funnel money to the rich and the military. Liberals funnel money to the poor. But BOTH are lazy. Since I don't think I'll get any argument from you about the poor being lazy, here's an example of the rich: Just look at any defense contractor's project. Like the F23. Riddled with problems. Massively over-budget. There is no desire to work hard or make a quality project. It's like the car manufacturers in Detroit in the 70's, only without a foreign competitor. (And of course, even if there WAS, the military can argue: "we can't trust foreign weapons, they could have traps in them." They used that argument for Chinese computers, and while they are right about the Chinese, you can bet good money they will use the same argument no matter what, so that the military is forced to "buy American.")