4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected

1. Gas was supposed to cost $6.05 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.05 per gallon by the start 2015. Lee said that gas prices would rise 5 cents for every month Obama was in office, ultimately reaching $6.60 per gallon.

Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.”

2. Unemployment was supposed to be stuck at over 8%
In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1%and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.

3. The stock market was supposed to crash
Immediately after Obama won reelection in November 2012, many commenters predicted that the stock market was toast.

Charles Bilderman, the author of the “Intelligent Investing” column at Forbes, wrote that the “market selloff after Obama’s re-election [was] no accident,” predicting “stocks are dropping with no bottom in sight.” Bilderman said that the policies the Obama administration would pursue in his second term would “crash stocks.”

Donald J. Trump

✔@realDonaldTrump

The stock market and US dollar are both plunging today. Welcome to @BarackObama’s second term.

On Bloomberg TV, investor Marc Faber predicted that, because of Obama’s reelection, the stock market would drop at least 20%.

4. The entire U.S. economy was supposed to collapse
Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” Limbaugh was confident in his prediction: “There’s no if about this. And it’s gonna be ugly. It’s gonna be gut wrenching, but it will happen.”

Obamageddon585.jpg

CREDIT: RUSHLIMBAUGH.COM

The economic freefall would begin, according to Limbaugh, because “California is going to declare bankruptcy” and Obama would force states like Texas to “bail them out.” California currently has a $4 billion budget surplus.

Limbaugh added, “I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.”

Limbaugh said the economic apocalypse could take “a year and a half, two years, three years.” It’s been three years and two months since Limbaugh’s prediction.

4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR
 
1. Gas was supposed to cost $6.05 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.05 per gallon by the start 2015. Lee said that gas prices would rise 5 cents for every month Obama was in office, ultimately reaching $6.60 per gallon.

Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.”

2. Unemployment was supposed to be stuck at over 8%
In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1%and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.

3. The stock market was supposed to crash
Immediately after Obama won reelection in November 2012, many commenters predicted that the stock market was toast.

Charles Bilderman, the author of the “Intelligent Investing” column at Forbes, wrote that the “market selloff after Obama’s re-election [was] no accident,” predicting “stocks are dropping with no bottom in sight.” Bilderman said that the policies the Obama administration would pursue in his second term would “crash stocks.”

Donald J. Trump

✔@realDonaldTrump

The stock market and US dollar are both plunging today. Welcome to @BarackObama’s second term.

On Bloomberg TV, investor Marc Faber predicted that, because of Obama’s reelection, the stock market would drop at least 20%.

4. The entire U.S. economy was supposed to collapse
Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” Limbaugh was confident in his prediction: “There’s no if about this. And it’s gonna be ugly. It’s gonna be gut wrenching, but it will happen.”

Obamageddon585.jpg

CREDIT: RUSHLIMBAUGH.COM

The economic freefall would begin, according to Limbaugh, because “California is going to declare bankruptcy” and Obama would force states like Texas to “bail them out.” California currently has a $4 billion budget surplus.

Limbaugh added, “I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.”

Limbaugh said the economic apocalypse could take “a year and a half, two years, three years.” It’s been three years and two months since Limbaugh’s prediction.

4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR

Your mistake is you're chasing the wrong rabbit. Like most of the idiots who don't know the difference between deficit...and debt. Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama. Point of fact, his first 4 fiscal years all dwarfed anything Dubya did. That's how you get 9 trillion or so added to the debt during one presidency, and 4.9 in the prior one.

Hint: Debt's how much you actually spent more than you took in.

Oct 1, 2015 debt. 18,150,616,066,342.53
Jan 1, 2016 debt 18,825,061,664,535.94

Can you do that math, or do I need to do that for you too?
 
1. Gas was supposed to cost $6.05 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.05 per gallon by the start 2015. Lee said that gas prices would rise 5 cents for every month Obama was in office, ultimately reaching $6.60 per gallon.

Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.”

2. Unemployment was supposed to be stuck at over 8%
In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1%and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.

3. The stock market was supposed to crash
Immediately after Obama won reelection in November 2012, many commenters predicted that the stock market was toast.

Charles Bilderman, the author of the “Intelligent Investing” column at Forbes, wrote that the “market selloff after Obama’s re-election [was] no accident,” predicting “stocks are dropping with no bottom in sight.” Bilderman said that the policies the Obama administration would pursue in his second term would “crash stocks.”

Donald J. Trump

✔@realDonaldTrump

The stock market and US dollar are both plunging today. Welcome to @BarackObama’s second term.

On Bloomberg TV, investor Marc Faber predicted that, because of Obama’s reelection, the stock market would drop at least 20%.

4. The entire U.S. economy was supposed to collapse
Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” Limbaugh was confident in his prediction: “There’s no if about this. And it’s gonna be ugly. It’s gonna be gut wrenching, but it will happen.”

Obamageddon585.jpg

CREDIT: RUSHLIMBAUGH.COM

The economic freefall would begin, according to Limbaugh, because “California is going to declare bankruptcy” and Obama would force states like Texas to “bail them out.” California currently has a $4 billion budget surplus.

Limbaugh added, “I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.”

Limbaugh said the economic apocalypse could take “a year and a half, two years, three years.” It’s been three years and two months since Limbaugh’s prediction.

4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR

Your mistake is you're chasing the wrong rabbit. Like most of the idiots who don't know the difference between deficit...and debt. Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama. Point of fact, his first 4 fiscal years all dwarfed anything Dubya did. That's how you get 9 trillion or so added to the debt during one presidency, and 4.9 in the prior one.

Hint: Debt's how much you actually spent more than you took in.

Oct 1, 2015 debt. 18,150,616,066,342.53
Jan 1, 2016 debt 18,825,061,664,535.94

Can you do that math, or do I need to do that for you too?



You have made a huge mistake.

I know the difference between deficit and debt. My education is in accounting.

Your post was about the DEFICIT You said it was around 800 billion or so.

I posted the truth that you're wrong so you change the subject.

If you want to talk about apples and oranges fine, I won't debate you.

You also ignored my post that said the debt keeps increasing but it can't be decreased until the deficit is eliminated.

You see I actually know about economics and finance. Which is why I put in the part about the debt and it can't be eliminated until the deficit is eliminated.

Deficit is the difference between expenses and revenue when the expenses exceed the revenues.

You picked the wrong person to lie to.

Oh and the debt was nearly 13 trillion when Obama took office but you don't have any problem with the bush boy more than doubling the debt and creating a deficit when we didn't have one and had a surplus.

And don't give me that lie that the deficit wasn't eliminated and there was no surplus. It was the republican's excuse for their first round of tax cuts. Not pay off the debt but create more debt and a new deficit by giving a huge tax cut to people who didn't need it.
 
Not to mention unemployment is over 8%

Or do you actually believe the U2 numbers as much as they've been corrupted to paint as rosy a picture as possible?

U6 is a far better judge.
U6 numbers are used by those that oppose the administration. U2 numbers by those who support it. However, U2 is the mostly cited measure of unemployment by economist and financial writers. It doesn't matter which measure you use as long as you're consistent.

U6 which includes unemployment for almost any reason is always much larger than U2 and thus more dramatic. U6 is currently 9.9% down from it's high of 17.4% in Oct. 2009 and is approximately where it was when Obama took office.

http://www.ritholtz.com/blog/wp-content/uploads/2012/11/attachment.png
All those U charts, graphs and statistics are a joke. The best indicator of unemployment is the WE factor. WE: If they ain't Workin', they ain't Eatin'. See how simple that is?
So we should measure unemployment by the number of people that aren't eating? :cuckoo:
 
1. Gas was supposed to cost $6.05 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.05 per gallon by the start 2015. Lee said that gas prices would rise 5 cents for every month Obama was in office, ultimately reaching $6.60 per gallon.

Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.”

2. Unemployment was supposed to be stuck at over 8%
In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1%and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.

3. The stock market was supposed to crash
Immediately after Obama won reelection in November 2012, many commenters predicted that the stock market was toast.

Charles Bilderman, the author of the “Intelligent Investing” column at Forbes, wrote that the “market selloff after Obama’s re-election [was] no accident,” predicting “stocks are dropping with no bottom in sight.” Bilderman said that the policies the Obama administration would pursue in his second term would “crash stocks.”

Donald J. Trump

✔@realDonaldTrump

The stock market and US dollar are both plunging today. Welcome to @BarackObama’s second term.

On Bloomberg TV, investor Marc Faber predicted that, because of Obama’s reelection, the stock market would drop at least 20%.

4. The entire U.S. economy was supposed to collapse
Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” Limbaugh was confident in his prediction: “There’s no if about this. And it’s gonna be ugly. It’s gonna be gut wrenching, but it will happen.”

Obamageddon585.jpg

CREDIT: RUSHLIMBAUGH.COM

The economic freefall would begin, according to Limbaugh, because “California is going to declare bankruptcy” and Obama would force states like Texas to “bail them out.” California currently has a $4 billion budget surplus.

Limbaugh added, “I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.”

Limbaugh said the economic apocalypse could take “a year and a half, two years, three years.” It’s been three years and two months since Limbaugh’s prediction.

4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR

Your mistake is you're chasing the wrong rabbit. Like most of the idiots who don't know the difference between deficit...and debt. Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama. Point of fact, his first 4 fiscal years all dwarfed anything Dubya did. That's how you get 9 trillion or so added to the debt during one presidency, and 4.9 in the prior one.

Hint: Debt's how much you actually spent more than you took in.

Oct 1, 2015 debt. 18,150,616,066,342.53
Jan 1, 2016 debt 18,825,061,664,535.94

Can you do that math, or do I need to do that for you too?



You have made a huge mistake.

I know the difference between deficit and debt. My education is in accounting.

Your post was about the DEFICIT You said it was around 800 billion or so.

I posted the truth that you're wrong so you change the subject.

If you want to talk about apples and oranges fine, I won't debate you.

You also ignored my post that said the debt keeps increasing but it can't be decreased until the deficit is eliminated.

You see I actually know about economics and finance. Which is why I put in the part about the debt and it can't be eliminated until the deficit is eliminated.

Deficit is the difference between expenses and revenue when the expenses exceed the revenues.

You picked the wrong person to lie to.

Oh and the debt was nearly 13 trillion when Obama took office but you don't have any problem with the bush boy more than doubling the debt and creating a deficit when we didn't have one and had a surplus.

And don't give me that lie that the deficit wasn't eliminated and there was no surplus. It was the republican's excuse for their first round of tax cuts. Not pay off the debt but create more debt and a new deficit by giving a huge tax cut to people who didn't need it.

Ah yes, you are correct. 800 billion in debt. My mistake, is currently about 675 billion or so for the current fiscal year though (I did the math for you since it seemed to be a problem)

You can have a "surplus" in deficit spending (see Clinton) and do nothing at all to reduce the debt. Hence the fact the US government has added debt every year since 1957. That's not a lie, that's called a fact. See US Treasury for the numbers.

Since you're talking about surplus you have to be talking about Eisenhower...since the last one was in 1957.

BTW, debt as of 1/21/2009, day one of Barrack Hussein Obama's presidency.....10,625,053,544,309.79. Way off 13 trillion isn't it?
debt as of 1/21/2001, day one of Dubya's presidency....5,727,776,738,304.64

Now if my math is right, and it usually is 5.7 x 2 is 11.4, so more than doubling would require the debt to be a lot higher than.....10.6? Just a guess.......

Hint: If you spent the money....you spent it. If your education is in Accounting...you might want to get a refund.
 
Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama.
Yet another GOP scripted and Hate Radio spread lie. All but about $200 billion of the $1.47 trillion fiscal 2009 spending deficit was signed by Bush.
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise
 
1. Gas was supposed to cost $6.05 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.05 per gallon by the start 2015. Lee said that gas prices would rise 5 cents for every month Obama was in office, ultimately reaching $6.60 per gallon.

Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.”

2. Unemployment was supposed to be stuck at over 8%
In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1%and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.

3. The stock market was supposed to crash
Immediately after Obama won reelection in November 2012, many commenters predicted that the stock market was toast.

Charles Bilderman, the author of the “Intelligent Investing” column at Forbes, wrote that the “market selloff after Obama’s re-election [was] no accident,” predicting “stocks are dropping with no bottom in sight.” Bilderman said that the policies the Obama administration would pursue in his second term would “crash stocks.”

Donald J. Trump

✔@realDonaldTrump

The stock market and US dollar are both plunging today. Welcome to @BarackObama’s second term.

On Bloomberg TV, investor Marc Faber predicted that, because of Obama’s reelection, the stock market would drop at least 20%.

4. The entire U.S. economy was supposed to collapse
Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” Limbaugh was confident in his prediction: “There’s no if about this. And it’s gonna be ugly. It’s gonna be gut wrenching, but it will happen.”

Obamageddon585.jpg

CREDIT: RUSHLIMBAUGH.COM

The economic freefall would begin, according to Limbaugh, because “California is going to declare bankruptcy” and Obama would force states like Texas to “bail them out.” California currently has a $4 billion budget surplus.

Limbaugh added, “I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.”

Limbaugh said the economic apocalypse could take “a year and a half, two years, three years.” It’s been three years and two months since Limbaugh’s prediction.

4 Things That Were Supposed To Happen By 2016 Because Obama Was Reelected
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR

Your mistake is you're chasing the wrong rabbit. Like most of the idiots who don't know the difference between deficit...and debt. Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama. Point of fact, his first 4 fiscal years all dwarfed anything Dubya did. That's how you get 9 trillion or so added to the debt during one presidency, and 4.9 in the prior one.

Hint: Debt's how much you actually spent more than you took in.

Oct 1, 2015 debt. 18,150,616,066,342.53
Jan 1, 2016 debt 18,825,061,664,535.94

Can you do that math, or do I need to do that for you too?



You have made a huge mistake.

I know the difference between deficit and debt. My education is in accounting.

Your post was about the DEFICIT You said it was around 800 billion or so.

I posted the truth that you're wrong so you change the subject.

If you want to talk about apples and oranges fine, I won't debate you.

You also ignored my post that said the debt keeps increasing but it can't be decreased until the deficit is eliminated.

You see I actually know about economics and finance. Which is why I put in the part about the debt and it can't be eliminated until the deficit is eliminated.

Deficit is the difference between expenses and revenue when the expenses exceed the revenues.

You picked the wrong person to lie to.

Oh and the debt was nearly 13 trillion when Obama took office but you don't have any problem with the bush boy more than doubling the debt and creating a deficit when we didn't have one and had a surplus.

And don't give me that lie that the deficit wasn't eliminated and there was no surplus. It was the republican's excuse for their first round of tax cuts. Not pay off the debt but create more debt and a new deficit by giving a huge tax cut to people who didn't need it.


So much bullshit, where to start?

the national debt was around 10,6 T when Obama took office, it will be over 20T when he leaves office. That is basically a doubling using old math, new math, or even liberal math.

You want to hold Bush responsible for the debt growth from day one of his terms but not Obama, typical lib bullshit.

tax cuts----the Bush tax cuts cut the tax rates for everyone who pays taxes, not just the rich. Obama continued those same tax rates so they are now the Bush/Obama tax cuts.

You are right about one thing, the debt can never be reduced as long as we continue deficit budgeting and spending. We are currently borrowing around 40% of what the government spends. The only possible end result of that is national bankruptcy and fiscal collapse.

Both parties are responsible, liberalism is not just in the democrat party.
 
Yes, and the American healthcare system was suppose to collapse and the country would be in bankruptcy. Today unemployment is 5% versus 7% when Obama entered office. The deficit today is no higher than when he became president and is down a trillion dollars from it's peak in 2009.

Well...the American healthcare system doesn't look too good. And the deficit in 2015 looks to be about 800 billion or so. A bit under Bush's last budget, but when you're going to add 9 trillion to the debt during your watch, is this all that good? Oh and the peak in 2009? Who signed that budget?



You need to do some research because the deficit has been slashed by Obama from what the bush boy left us to deal with.

The bush boy left us with 1.4 trillion in deficit.

As of the end of 2015 the deficit stands at 468 billion.

The bush boy took us to an historic high in deficit that I hope we will never see again.

Unfortunately the debt keeps rising but it can't be cut until the deficit is eliminated.

We are on track to have that deficit eliminated but only if don't get another republican president.

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit : The Two-Way : NPR

Your mistake is you're chasing the wrong rabbit. Like most of the idiots who don't know the difference between deficit...and debt. Oh and the highest addition to the debt, 2009, signatory of that year's budget....Barrack Hussein Obama. Point of fact, his first 4 fiscal years all dwarfed anything Dubya did. That's how you get 9 trillion or so added to the debt during one presidency, and 4.9 in the prior one.

Hint: Debt's how much you actually spent more than you took in.

Oct 1, 2015 debt. 18,150,616,066,342.53
Jan 1, 2016 debt 18,825,061,664,535.94

Can you do that math, or do I need to do that for you too?



You have made a huge mistake.

I know the difference between deficit and debt. My education is in accounting.

Your post was about the DEFICIT You said it was around 800 billion or so.

I posted the truth that you're wrong so you change the subject.

If you want to talk about apples and oranges fine, I won't debate you.

You also ignored my post that said the debt keeps increasing but it can't be decreased until the deficit is eliminated.

You see I actually know about economics and finance. Which is why I put in the part about the debt and it can't be eliminated until the deficit is eliminated.

Deficit is the difference between expenses and revenue when the expenses exceed the revenues.

You picked the wrong person to lie to.

Oh and the debt was nearly 13 trillion when Obama took office but you don't have any problem with the bush boy more than doubling the debt and creating a deficit when we didn't have one and had a surplus.

And don't give me that lie that the deficit wasn't eliminated and there was no surplus. It was the republican's excuse for their first round of tax cuts. Not pay off the debt but create more debt and a new deficit by giving a huge tax cut to people who didn't need it.

Ah yes, you are correct. 800 billion in debt. My mistake, is currently about 675 billion or so for the current fiscal year though (I did the math for you since it seemed to be a problem)

You can have a "surplus" in deficit spending (see Clinton) and do nothing at all to reduce the debt. Hence the fact the US government has added debt every year since 1957. That's not a lie, that's called a fact. See US Treasury for the numbers.

Since you're talking about surplus you have to be talking about Eisenhower...since the last one was in 1957.

BTW, debt as of 1/21/2009, day one of Barrack Hussein Obama's presidency.....10,625,053,544,309.79. Way off 13 trillion isn't it?
debt as of 1/21/2001, day one of Dubya's presidency....5,727,776,738,304.64

Now if my math is right, and it usually is 5.7 x 2 is 11.4, so more than doubling would require the debt to be a lot higher than.....10.6? Just a guess.......

Hint: If you spent the money....you spent it. If your education is in Accounting...you might want to get a refund.


That was so cute newperson. You start out with an apology about your lack of understanding the debt vs deficit situation.

Then want to disparage a person who very well understands what has happened.

You must be a Republican.

But I have seen this question asked repeatedly (asked by Dems and no Repub has ever answered it) on here about WHERE Obama spent all those billions of dollars.(other than paying for the Bush war debt and Medicare giveaways plus those tax cuts)

But with your vast knowledge of accounting, where did OBAMA SPEND ALL THOSE BILLIONS?
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise


That's really funny. Which of those failed programs did Obama offer to compromise on?

ACA? nope, written in the dark of night by dem staffers and passed using reconciliation by a dems only vote. no floor discussion allowed, no GOP amendments allowed---compromise? not even close

Iran deal? Did he ask congress for input, review, comments? Duh, no


Cuba, Keystone? phone and a pen. no compromise.

Your hero thinks he is a dictator or a king. But he is an incompetent clown.

I do agree that most of the GOP failed the people who sent them to DC to stop Obama.
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise

and Obama's agenda has been bad for the USA. We are a divided nation, divided by race, sex, age, location, religion, ethnicity, wealth, etc. Obama is responsible for that.

Yes, he got some of his hate-America agenda through, and should be impeached for doing it.
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise


That's really funny. Which of those failed programs did Obama offer to compromise on?

ACA? nope, written in the dark of night by dem staffers and passed using reconciliation by a dems only vote. no floor discussion allowed, no GOP amendments allowed---compromise? not even close

Iran deal? Did he ask congress for input, review, comments? Duh, no


Cuba, Keystone? phone and a pen. no compromise.

Your hero thinks he is a dictator or a king. But he is an incompetent clown.

I do agree that most of the GOP failed the people who sent them to DC to stop Obama.

The Republicans CHOSE not to particpate in the crafting of the ACA.

Why you want to lie and imply thay the Repubs were shut out by Dems choice instead of their choice?
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise

and Obama's agenda has been bad for the USA. We are a divided nation, divided by race, sex, age, location, religion, ethnicity, wealth, etc. Obama is responsible for that.

Yes, he got some of his hate-America agenda through, and should be impeached for doing it.



The only division that has happened under Obama is the division of the stupids (Republicans) dividing from those with a lot more common sense and less hatred. Which would be the rest of us.

It is you ignorant, hateful Republicans who have decided to "divide" yourselves from the rest of the country.

Mostly cause you are racists and failures.
 
Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise


That's really funny. Which of those failed programs did Obama offer to compromise on?

ACA? nope, written in the dark of night by dem staffers and passed using reconciliation by a dems only vote. no floor discussion allowed, no GOP amendments allowed---compromise? not even close

Iran deal? Did he ask congress for input, review, comments? Duh, no


Cuba, Keystone? phone and a pen. no compromise.

Your hero thinks he is a dictator or a king. But he is an incompetent clown.

I do agree that most of the GOP failed the people who sent them to DC to stop Obama.

The Republicans CHOSE not to particpate in the crafting of the ACA.

Why you want to lie and imply thay the Repubs were shut out by Dems choice instead of their choice?


Bullshit, Reid and Pelosi rammed it through with no GOP participation allowed. You need to go back and look at how that bill got through congress.
 
Obama failed to implement his agenda, whats your point?

Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise


That's really funny. Which of those failed programs did Obama offer to compromise on?

ACA? nope, written in the dark of night by dem staffers and passed using reconciliation by a dems only vote. no floor discussion allowed, no GOP amendments allowed---compromise? not even close

Iran deal? Did he ask congress for input, review, comments? Duh, no


Cuba, Keystone? phone and a pen. no compromise.

Your hero thinks he is a dictator or a king. But he is an incompetent clown.

I do agree that most of the GOP failed the people who sent them to DC to stop Obama.

The Conservative media has created a monster. They call it Obama. Nothing the monster does can be good for the country, that is why compromising with a monster cannot be tolerated

So, the monster went his own way without any support from the right. The monster got what he wanted and the conservatives got nothing.
 
Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise

and Obama's agenda has been bad for the USA. We are a divided nation, divided by race, sex, age, location, religion, ethnicity, wealth, etc. Obama is responsible for that.

Yes, he got some of his hate-America agenda through, and should be impeached for doing it.



The only division that has happened under Obama is the division of the stupids (Republicans) dividing from those with a lot more common sense and less hatred. Which would be the rest of us.

It is you ignorant, hateful Republicans who have decided to "divide" yourselves from the rest of the country.

Mostly cause you are racists and failures.


Bullshit

"the Cambridge cops acted stupidly"
"If I had a son he would look like Trayvon"
"The Ferguson cop was a racist"
"I want to redistribute the wealth"

The racist is sitting in the whitehouse finding ways to steal from the successful and give to losers like you.
 
Yup. Once the voters put all those Repubs in Washington, Obama had to rely on his pen and phone. Slowed him down.
Obama had to slow down his agenda
But he got Obamacare, Iran nuclear deal, Cuba, Keystone

Republicans got nothing


Obamacare = worst piece of legislation in the history of our nation. Failing miserably. But yeah, those getting it free like it, everyone else thinks it sucks

Iran deal = not a deal, a surrender. Iran got nukes, money, and credit for negotiating obozo out of his socks. the US got nothing

Cuba = The Castro brothers won, Obama lost. Cuba remains a dictatorial socialist gulag.

Keystone = Would have created thousands of American blue collar jobs and made the US more energy independent. The envirowackos won, the country lost.

Worst president in history,. bar none.
Conservatives don't like what Obama has done.....what we should expect isn't it?
Obama implemented his agenda......Conservatives got nothing

What happens when you go all or nothing and refuse to compromise


That's really funny. Which of those failed programs did Obama offer to compromise on?

ACA? nope, written in the dark of night by dem staffers and passed using reconciliation by a dems only vote. no floor discussion allowed, no GOP amendments allowed---compromise? not even close

Iran deal? Did he ask congress for input, review, comments? Duh, no


Cuba, Keystone? phone and a pen. no compromise.

Your hero thinks he is a dictator or a king. But he is an incompetent clown.

I do agree that most of the GOP failed the people who sent them to DC to stop Obama.

The Conservative media has created a monster. They call it Obama. Nothing the monster does can be good for the country, that is why compromising with a monster cannot be tolerated

So, the monster went his own way without any support from the right. The monster got what he wanted and the conservatives got nothing.


Actually the monster you call Obama was created by the left wing media. They created him because of the leg tingles they got from saying "first black president". They refused to vet him and find out who and what he really is.
 
Hey Red. The Senate finance commitee met for over 60 hours, 31 meetings over 3 months. 3 democrats and 3 republicans. What they discussed became the basis for the Senate version of overhauling health care.

Mitch the bitch McConnell DECIDED that to help with the overhaul wouldnt be in the Repubs interest and from then on the Repubs CHOSE not to participate.

Cant you use Google either? What is up with your kind that cant do a basic Google search and use that info to not make your selves look so stupid.
 

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