If you spent 2,307% more then you proposed.. would you still have

But of course Obama's famous excuse in his OWN words...
On July 14 in Glenn Allen, Va., the president told a crowd, “After a decade of irresponsibility, where I inherited a trillion-dollar deficit, I’m ready to roll up my sleeves and get to work."
White House Says

Now it wouldn't be so bad that HE LIED "inherited a trillion-dollar deficit".. (Bush budget deficit was $482 billion
"This assertion is understandable, since the deficit jumped from about $450 billion in 2008 "
Don’t Blame Obama for Bush’s 2009 Deficit | Cato @ Liberty

BUT HE"S INCREASED by 2,000%

Obama did inherit, at the very least, a 900 billion dollar deficit. The last Bush deficit was about 450 billion, but tax revenues also fell by about the same amount in FY 2009, which makes for about a 900 billion dollar deficit,

that's without taking into account 2009 increases in mandatory spending programs pushed up by the Bush recession.

SO you agree TAX REVENUES FELL????

LET's see...
1) $5 trillion LOSSES due to the Dot.com busts that supposedly gave a Clinton surplus!
Do you understand that if there are long term losses IRS allows DEDUCTING these losses against tax payments.. $5 trillion over 30 years allowed $166 billion!
That means starting in 2003 there was $166 billion less in tax revenue due to the $5 trillion in losses!
2) $2 Trillion losses due oh some minor event known as 9/11!!! another $66 billion a year in loss tax revenue!
3) You may not acknowledge BUT THE WORST hurricane SEASONS (PLURAL) in history destroyed $1 trillion in losses! $33 billion a year in losses!

Then of course each of those events cost jobs!
400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.
===========================
845,000 jobs meaning NO Medicare/SS payments AND unemployment checks going out!

BUT YOU seem to forget that Over $267 billion in losses written off against tax liabilities!

Why then did Bush cut taxes TWICE when it was clear he was going to have to deal with all these extraordinary expenses?

Wasn't the argument that the Bush tax cuts would INCREASE REVENUES?? Wasn't that the LIE?
 
He naively thought the republicans actually loved America would work with him a least some of the time, boy you guys sure showed him different.

So not only is he a big spender, he's an incompetent leader, too. This is something you are proud of? A President who has been unable to work and play well with others as his predecessors have?

Clinton had an even more hostile Congress! They impeached him, for chrissakes. But he still found a way to work with them and came up with a balanced budget.

You people just keep coming up with more and more lame excuses for your limp dick incompetent messiah. You wonder where his mojo went, and if it is coming back. I have bad news for you. HE NEVER HAD IT!





.
Your republican assholes in congress have broken all records for blocks and filibusters, there has never been a more relentlessly and irrationally hostile congress in my lifetime. blame everything on Obama if you must but effective governance cannot happen when a political party will even sabotage the economy just to make the president look bad. Do you think Obama could have done anything to get those people on his side on anything? They are even voting against stuff they used to like and calling it fucking socialism.

Senate - Dem control 2008 to 2012
House - Dem control 2008 to 2010
Obama- Dem control 2008 to 2012.

Notice when during 2008 to 2010 ALL THREE BRANCHES were DEMs!

Please the issues were NEVER controlled by GOP in those first 2 years!
 
Gotta love the Republicans...

They block every initiative to help the economy and then giggle

"You didn't fix the economy like you said you would"

There has been NO Budget approved for 3 years WHY???
Senate controlled by Obama's party!

Senate/House/Executive all controlled by Democrats for two years and the prior two years the SENATE/HOUSE Democrat controlled!

AGAIN gotta figure out why people are so stupid as to think other people don't have access to the
FACTS!!!

Why?

Simple. Republicans have invoked 100% filibuster rules. They will not agree to the most simple legislation....you think they would agree on a budget?

Obama offered a budget that would half the deficit. Republicans refused to act

Then they giggle because Obama could not get his budget passed
 
Weren't the Bush tax cuts supposed to increase revenues?

Adjusted for inflation, revenues peaked 5 years ago.

FACTS...
The first conclusion from this table is that Federal Tax Revenues fell after the “Dot Com” bubble of 2000 and the tragedy of 9/11 in 2001.
Tax revenues peaked during the last year of the Clinton Presidency at $2.026 trillion. Had tax revenues just been flat during the first three years of the Bush Presidency, despite significant growth in spending (from $1.789 trillion in Clinton’s last year to $2.160 trillion in 2003), the cumulative net outcome for those first three Bush years would have resulted in a budget surplus of $212.7 billion.

http://www.forbes.com/sites/beltway/2012/02/22/after-bush-tax-cuts-payments-by-wealthy-actually-increased/

In PLAIN english the Dot.com bust and 9/11 had this affect:
Year Tax Revenue Increase or decrease in Revenue:
=== ======== ======================
2000 $2.026 Trillion $198 billion
2001 1.991 ( 35.1 billion less revenue then prior year)
2002 1.853 (138. billion less revenue then prior year)
2003 1.782 ( 70.8 billion less revenue then prior year)
2004 1.880 $ 97.8
2005 2.153 273.5
2006 2.406 253.3
2007 2.568 161.1
2008 2.524 ( 44.0 billion less revenue then prior year)
2009 2.105 (419.0 billion less revenue then prior year)
2010 2.162 57.7
2011 2.173 11.0


So Bush tax cuts INCREASED Tax Revenue.. it is a plain and simple FACT!

Now if you CARE to deal with the FACTS here are the DEFICITS or in simple language When MORE is Spent then comes in!!!

In PLAIN english the Dot.com bust and 9/11 had this affect:
Year Tax Revenue Expenditures Surplus or Deficit
=== ======== =========== ===========
2000 $2.026 Trillion $1.789 Trillion $236.2 billion
2001 1.991 1.862 126.6
2002 1.853 2.010 (157.8 billion deficit)
2003 1.782 2.159 (377.6 billion deficit)
2004 1.880 2.252 (412.7 billion deficit)
2005 2.153 2.472 (318.3 billion deficit)
2006 2.406 2.655 (248.2 billion deficit)
2007 2.568 2.728 (160.7 billion deficit)
2008 2.524 2.982 (458.6 billion deficit)
2009 2.105 3.517 (1.412 TRILLION deficit)
2010 2.162 3.456 (1.293 Trillion deficit)
2011 2.173 3.818 (1.645 Trillion Deficit


Bush Deficits in 8 years $2.133 Trillion after Dot.com bust, 9/11 and worst hurricane SEASONS in history
Obama Deficits in 3 years $4.351 Trillion after what????
 

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