teapartysamurai
Gold Member
- Mar 27, 2010
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- #21
BS. The debit ceiling crisis was manufactored and brought by the Teabaggers. They won. Now live with the concequences. Well, lie as much as you can and blame the President and maybe some people will believe you.
BS. The crisis was brought on by the reckless spending of both parties and Obamas innept attitude towards addressing it until the last minute.
When assigning blame to both parties, I would like to address this fact that liberals don't want you to know:
US Federal Deficit As Percent Of GDP
2001 -1.25
2002 1.48
2003 3.39
2004 3.48
2005 2.52
2006 1.85
2007 1.14
2008 3.18
2009 9.91
2010 10.64
US Federal Deficit as percent of GDP - Charts Tables History
As bad as Bush and the Republicans were on spending, they NEVER went above 4% of GDP.
See that figure as of 2010? That's old. As of this new budget, Obama JUST DOUBLED that figure again. So, Obama quadrupled the size of spending (as compared to Bush) in 2010, and this new budget lets him take that quadrupled number of 10.64 AND DOUBLE THAT AGAIN!
Drudge report had it on their front page, that because of this new budget, we have now borrowed 100% of GDP!!!!!!!!!!!
You know that speech Obama gave today about how the rich need to "pay more" to balance the budget.
HE KNOWS AS OF NOW, THAT IF THE GOVERNMENT WERE TO CONFISCATE EVERY DIME IN THIS COUNTRY IT COULD NOT PAY OFF THE DEBT. Nor could it run this government over a few weeks.
This is how deep in trouble we are. It should scare the hell out of everyone.
There is no way a sane person can pin this on Bush. His spending was bad, but IT IS NO WHERE NEAR CLOSE TO OBAMA.
Comparing Bush spending to Obama spending is like comparing shoplifting to murder. One is bad, but ONE IS FAR, FAR WORSE.
Yes, the Republicans are equally to blame, but only in their UNWILLINGNESS to stand up to this crisis and do what's right. They care more about what the liberal media will say of them, than they care about the future of this country. In that, everyone in Washington is to blame.