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Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
What lefties would find wonderful is Trump doubling the national debt in 8 years, like their Messiah did. Well if they were consistent and not such hypocrites. Imagine how wealthy we all will be when the national debt is $40 Trillion. Obama certainly made the 1% even more wealthy. Great job!!!Half a trillion in two months.
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
This is the second lying bullshit thread on this - from the same NaziCon source. Don't you and Stevie communicate?
What lefties would find wonderful is Trump doubling the national debt in 8 years, like their Messiah did. Well if they were consistent and not such hypocrites. Imagine how wealthy we all will be when the national debt is $40 Trillion. Obama certainly made the 1% even more wealthy. Great job!!!Half a trillion in two months.
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
This is the second lying bullshit thread on this - from the same NaziCon source. Don't you and Stevie communicate?
TARP was in the FY2009 budget, not FY2008; and FY2008 produced a trillion dollar deficit.Show me the results of Obama's last year.
We are in BOs' last year until OCT 01, 2017.
This fact was made clear during the housing crash (TARP) all charged during GWB final year 2008. This "one time event" big spike is used to indicate how Obama reduced the deficit. What a freakin' joke.
Off top of my head the deficit was about $250Billion in FY 2007? Then they crashed housing. TARP was added into the disastrous 2008 numbers (but occuring in early 2009). Obama years were more like $1.25T avg over 8 years.
Your mis-remembering is noted. I have no keybosrd or I would lambaste you.
In 2008, George W. Bush ran a deficit of $485 billion. By the time the fiscal year started, on Oct. 1, 2008, it had gone up by another $100 billion due to increased recession-related spending and depressed revenues. So it was about $600 billion at the start of the fiscal crisis. That was the real Bush deficit. But when the fiscal crisis hit, Bush had to pass the Troubled Asset Relief Program (TARP) in the final months of his presidency, which cost $700 billion. Under the federal budget rules, a loan and a grant are treated the same. So the $700 billion pushed the deficit — officially — up to $1.3 trillion. But not really. The $700 billion was a short-term loan.
09/30/2007 ..... 9,007,653,372,262.48
09/30/2008 ... 10,024,724,896,912.49
Total deficit for FY2008: 1,017,071,524,650.01
Government - Historical Debt Outstanding - Annual 2000 - 2015
And TARP, which was in FY2009, had nothing to do with that.
If it's not Trump, it's Obama. Never did Obama show results like this.
Obama produced lots of good results. Too bad fox and breitbart spent so much time making up lies about him till they didn't have time to mention all the good.
Yea. "Lots of good results". That's why you ever so abundantly list them.
Here's a few
Within his first week, he signed an Executive Order ordering an audit of government contracts, and combating waste and abuse. http://1.usa.gov/dUvbu5
Created the post of Chief Performance Officer, whose job it is to make operations more efficient to save the federal government money. Obama Names Chief Performance Officer
On his first full day, he froze White House salaries for the duration of the Great Recession. Obama Freezes Pay For White House Employees, Limits Lobbyists
He appointed the first Federal Chief Information Officer to oversee federal IT spending and efficiency. http://www.cio.gov
He committed to phasing out unnecessary and outdated weapons systems and signed the Weapons Systems Acquisition Reform Act, in an attempt to limit waste, fraud and abuse in the defense procurement and contracting systems. Gates announces major Pentagon priority shifts - CNN.com
Established the Open Government Directive, which completely changed the government’s approach to technology at all levels. http://bit.ly/2iOTERn
He created the National Commission on Fiscal Responsibility and Reform. President orders debt panel, names chairmen - Feb. 18, 2010
Signed an Executive Order instructing federal agencies to review all federal regulations and remove any unnecessary and/or burdensome regulations from the books. Executive Order -- Identifying and Reducing Regulatory Burdens
Dismantled the Minerals Management Service, thereby cutting ties between energy companies and the government. Obama Officials Seek Better Policing of Oil Industry
Banned gifts from lobbyists to anyone in the Executive Branch. Updated - The Obameter: Ban lobbyist gifts to executive employees
Banned anyone from working in an agency they had lobbied in previous years and placed strict limits on lobbyists’ access to the White House. http://nyti.ms/gOrznV
Held the first-ever first online town hall from the White House, and took questions from the public. Townhall @ The White House
Became the first president to stream every White House event, live. Live Events
Established a central portal for Americans to find service opportunities. http://www.serve.gov
Restored the 30-day time frame for former presidents to review records and eliminated the right for the vice president or family members of former presidents to do the reviews, giving the public greater access to historic White House documents, and curtails the use of executive privilege to shield them. http://1.usa.gov/gUetLb
Improved the Freedom of Information Act and issued new guidelines to make FOIA more open and transparent when processing FOIA requests. http://1.usa.gov/gjrnp2
Streamlined the Department of Education’s procurement policies and made them more transparent. http://bit.ly/1r9oQvh
Provided the first voluntary disclosure of the White House Visitors Log in history. http://1.usa.gov/hQ7
Signed a law to completely reform NSA Data Collection program and keep phone records in the hands of the phone company. Obama signs overhauled NSA phone-records bill into law
Improved access and data available to Inspectors General throughout the federal governments and elsewhere, thus improving investigative quality.
Sought to improve project management and accountability throughout the federal government. Obama Signs Program Management Improvement & Accountability Act - Executive Gov
Enjoyed a virtually scandal-free Administration for eight solid years. Chief of staff: Obama administration 'historically free of scandal'
Prevented a Bush Depression, Improved the Economy
Pushed through and signed the American Recovery and Reinvestment Act, also known as “the stimulus package.” He also launched recovery.gov, a website that allows taxpayers to track spending from the Act. White House Rankled by Recovery.gov
By the end of his first year, the economy created and sustained 2.1 million jobs and the ARRA stimulated the economy by 3.5%. UPDATE 2-US stimulus added up to 2.1 mln jobs in Q4 2009-CBO
He guided the massive TARP financial and banking rescue plan and forced financial organizations to pay back virtually all bailout money. Barack Obama says banks paid back all the federal bailout money
Established the Making Home Affordable home refinancing plan. Home
In 2010 alone, more jobs were created than had been created during Bush’s eight years. http://bit.ly/hrrnjY
He pushed through and implemented an auto industry rescue plan that saved as many as 1 million jobs and possibly the entire auto industry. http://bit.ly/ibhpxr http://bit.ly/gj7mt5
Through his investment in GM, returned to the company to its place as the premiere car company in the world. http://lat.ms/zIJuQx
In February 2016, GM was in such good financial shape, they gave a share of the profit to each worker, with checks up to $11,000. http://detne.ws/1mk7Jry
Doubled funding for the Manufacturing Extension Partnership, to improve manufacturing efficiency. http://bit.ly/eYD4nf
Increased infrastructure spending after years of neglect. http://bit.ly/f77aOw
Signed the Helping Families Save Their Homes Act, which helped millions of Americans avoid preventable foreclosures and provided $2.2 billion to combat homelessness and stabilize the housing market. http://bit.ly/2aiFCbi
Signed an Executive Order creating jobs immediately by reducing the time needed for review and permitting of infrastructure projects. http://1.usa.gov/GHxaYt
Through the Worker, Homeownership, and Business Assistance Act of 2009, he and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery. http://bit.ly/dZgXXw http://bit.ly/2aOGmVM
Played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis. http://nyti.ms/gHlgp5
Signed new rules making it easier for home buyers to get a loan to buy a condominium. http://bit.ly/2c4VPDl
Through the American Recovery and Reinvestment Act, saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost. http://1.usa.gov/ez30D
Provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession. http://bit.ly/g0IKWR
Signed bill to provide extra training for local police forces, especially with regard to active shooter situations. http://bit.ly/2cvFlRf
China’s largest manufacturer, Foxconn, is building a large plant in Pennsylvania http://cnnmon.ie/1k7LT4S
Worked with Apple Computer to get them to build more product here, and the company is building two large plants to manufacture products here; one in Texas http://zd.net/1nkpt2O and one in Arizona http://bit.ly/1mXY5Vg
Created an institute to invest in more manufacturing jobs in the technology fields of the future. http://nyti.ms/1egyXrV
Ordered all federal contractors to pay a minimum wage of $10.10 per hour, leading the way to a national increase. http://wapo.st/1iaU5kd As a result of this decision, a number of large employers, including Disney and Walmart, have increased their minimums. http://bit.ly/2c3iwF5
Ordered the completion of the International Trade Data System, a digital trade record book, by 2016. This move will streamline and simplify the process through which small- and medium-sized businesses set up the export of US goods. http://bit.ly/1nwSRF4
Signed bill to expand opportunities and to promote greater Native American tourism. http://bit.ly/2dTIQmo
Specific Examples of Economic Improvement
As of December 2016, a record 75 consecutive months of overall job growth, a record. http://on.msnbc.com/1TKFCPQ
As of August 2016, Unemployment drops below 5% for the first time in eight years and without a significant bubble, remains below 5% until he leaves office. 4.9% http://on.msnbc.com/1TKFCPQ
As of December 2016, there have been 82 consecutive months of private sector job growth, a record. http://1.usa.gov/1Xhizho
In April 2016, new unemployment claims hit their lowest level since Nov. 1973. As of September 2016, they remain at 43-year lows. That means lower than at any time during Saint Reagan’s Administration. http://yhoo.it/2eaIPbf http://nyti.ms/1YhZEBk
Since February 2010, when unemployment peaked, 16 million non-farm private sector jobs have been created. http://1.usa.gov/1Xhizho
Contrary to GOP rhetoric, most of the new jobs created have been full-time, not temporary. http://bit.ly/2dF7pjO
Oversaw a reduction in the federal budget deficit by two-thirds since taking office. http://bit.ly/1xKMmjY
Reduced the federal budget deficit from 9.8% of GDP in Fiscal Year 2009 under Bush, to 2.5% of GDP in FY 2015. http://bit.ly/2cI4ABV
Scolds Congress and gets a $305 billion highways bill passed. This bill has the added benefit of created hundreds of thousands of new jobs and creating incentives for green cars. http://bit.ly/1NsL2Zq
Wages have risen more in 2015 and 2016 than at any time in almost 20 years, without the aid of an economic bubble. http://theatln.tc/2iX24JK
For the first time in 15 years, the lowest income demographic is seeing a rise in income. http://theatln.tc/2iX24JK
Addressed Wrongdoing in the Financial Sector
Signed the Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system, and create a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown. http://abcn.ws/g18Fe7
Ordered 65 executives who took bailout money to cut their own pay until they paid back all bailout money. http://huff.to/eAi9Qq
Along with Congressional Democrats, pushed through and got passed Dodd-Frank, one of the largest and most comprehensive Wall Street reforms since the Great Depression. http://bit.ly/hWCPg0http://bit.ly/geHpcD
Created and implemented rules to reduce the influence of speculators in the oil market. http://bit.ly/MDnA1t
Created and implemented rules so banks can no longer use depositors’ money to invest in derivatives and other high-risk financial instruments that work against depositors’ interests. http://bit.ly/fnTayj
Supported the concept of allowing stockholders to vote on executive compensation. http://bit.ly/fnTayj
Endorsed and supported the Foreign Account Tax Compliance Act of 2009 that would close offshore tax avoidance loopholes. http://bit.ly/esOdfB http://bit.ly/eG4DPM
Negotiated a deal with Swiss banks permitting the US government to gain access to bank records of criminals and tax evaders. http://bit.ly/2aAwUS5
Signed the American Jobs and Closing Tax Loopholes Act, closing many of the loopholes that allowed companies to send jobs overseas, and avoid paying US taxes by moving money offshore. http://1.usa.gov/bd1RTq
Thanks to the Patient Protection and Affordable Care Act, inflation in the healthcare sector dropped to its lowest point in 50 years. http://on.wsj.com/1E6cYjF
Improved Conditions for Consumers and Small Businesses
Signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, to protect consumers from unfair and deceptive credit card practices. http://1.usa.gov/gIaNcS
Guided the housing market all the way back from total collapse, which led to a rally for housing starts. http://reut.rs/1NTAOVU
Spent unprecedented amounts of money on technology, to move the country well into the 21st Century, after eight years of lag. http://bit.ly/2jCTwsA
Brought airline industry back to their highest profitability since before the recession. http://lat.ms/1O8H1iE
Like a true paid poster, you have the data base ready.
All those things were reported when they happened, but fox must have forgot to mention them to you. Feel free to click the links. They are all well documented. Obama did a lot of great things for our country. I could list a few hundred more if you doubt it.
You make Obama sound like a straight arrow. I know that's a big load of sh**.
As I said, each one has a verifying link from a credible source. Feel free to click on any you doubt to be true.Obama produced lots of good results. Too bad fox and breitbart spent so much time making up lies about him till they didn't have time to mention all the good.
Yea. "Lots of good results". That's why you ever so abundantly list them.
Here's a few
Within his first week, he signed an Executive Order ordering an audit of government contracts, and combating waste and abuse. http://1.usa.gov/dUvbu5
Created the post of Chief Performance Officer, whose job it is to make operations more efficient to save the federal government money. Obama Names Chief Performance Officer
On his first full day, he froze White House salaries for the duration of the Great Recession. Obama Freezes Pay For White House Employees, Limits Lobbyists
He appointed the first Federal Chief Information Officer to oversee federal IT spending and efficiency. http://www.cio.gov
He committed to phasing out unnecessary and outdated weapons systems and signed the Weapons Systems Acquisition Reform Act, in an attempt to limit waste, fraud and abuse in the defense procurement and contracting systems. Gates announces major Pentagon priority shifts - CNN.com
Established the Open Government Directive, which completely changed the government’s approach to technology at all levels. http://bit.ly/2iOTERn
He created the National Commission on Fiscal Responsibility and Reform. President orders debt panel, names chairmen - Feb. 18, 2010
Signed an Executive Order instructing federal agencies to review all federal regulations and remove any unnecessary and/or burdensome regulations from the books. Executive Order -- Identifying and Reducing Regulatory Burdens
Dismantled the Minerals Management Service, thereby cutting ties between energy companies and the government. Obama Officials Seek Better Policing of Oil Industry
Banned gifts from lobbyists to anyone in the Executive Branch. Updated - The Obameter: Ban lobbyist gifts to executive employees
Banned anyone from working in an agency they had lobbied in previous years and placed strict limits on lobbyists’ access to the White House. http://nyti.ms/gOrznV
Held the first-ever first online town hall from the White House, and took questions from the public. Townhall @ The White House
Became the first president to stream every White House event, live. Live Events
Established a central portal for Americans to find service opportunities. http://www.serve.gov
Restored the 30-day time frame for former presidents to review records and eliminated the right for the vice president or family members of former presidents to do the reviews, giving the public greater access to historic White House documents, and curtails the use of executive privilege to shield them. http://1.usa.gov/gUetLb
Improved the Freedom of Information Act and issued new guidelines to make FOIA more open and transparent when processing FOIA requests. http://1.usa.gov/gjrnp2
Streamlined the Department of Education’s procurement policies and made them more transparent. http://bit.ly/1r9oQvh
Provided the first voluntary disclosure of the White House Visitors Log in history. http://1.usa.gov/hQ7
Signed a law to completely reform NSA Data Collection program and keep phone records in the hands of the phone company. Obama signs overhauled NSA phone-records bill into law
Improved access and data available to Inspectors General throughout the federal governments and elsewhere, thus improving investigative quality.
Sought to improve project management and accountability throughout the federal government. Obama Signs Program Management Improvement & Accountability Act - Executive Gov
Enjoyed a virtually scandal-free Administration for eight solid years. Chief of staff: Obama administration 'historically free of scandal'
Prevented a Bush Depression, Improved the Economy
Pushed through and signed the American Recovery and Reinvestment Act, also known as “the stimulus package.” He also launched recovery.gov, a website that allows taxpayers to track spending from the Act. White House Rankled by Recovery.gov
By the end of his first year, the economy created and sustained 2.1 million jobs and the ARRA stimulated the economy by 3.5%. UPDATE 2-US stimulus added up to 2.1 mln jobs in Q4 2009-CBO
He guided the massive TARP financial and banking rescue plan and forced financial organizations to pay back virtually all bailout money. Barack Obama says banks paid back all the federal bailout money
Established the Making Home Affordable home refinancing plan. Home
In 2010 alone, more jobs were created than had been created during Bush’s eight years. http://bit.ly/hrrnjY
He pushed through and implemented an auto industry rescue plan that saved as many as 1 million jobs and possibly the entire auto industry. http://bit.ly/ibhpxr http://bit.ly/gj7mt5
Through his investment in GM, returned to the company to its place as the premiere car company in the world. http://lat.ms/zIJuQx
In February 2016, GM was in such good financial shape, they gave a share of the profit to each worker, with checks up to $11,000. http://detne.ws/1mk7Jry
Doubled funding for the Manufacturing Extension Partnership, to improve manufacturing efficiency. http://bit.ly/eYD4nf
Increased infrastructure spending after years of neglect. http://bit.ly/f77aOw
Signed the Helping Families Save Their Homes Act, which helped millions of Americans avoid preventable foreclosures and provided $2.2 billion to combat homelessness and stabilize the housing market. http://bit.ly/2aiFCbi
Signed an Executive Order creating jobs immediately by reducing the time needed for review and permitting of infrastructure projects. http://1.usa.gov/GHxaYt
Through the Worker, Homeownership, and Business Assistance Act of 2009, he and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery. http://bit.ly/dZgXXw http://bit.ly/2aOGmVM
Played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis. http://nyti.ms/gHlgp5
Signed new rules making it easier for home buyers to get a loan to buy a condominium. http://bit.ly/2c4VPDl
Through the American Recovery and Reinvestment Act, saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost. http://1.usa.gov/ez30D
Provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession. http://bit.ly/g0IKWR
Signed bill to provide extra training for local police forces, especially with regard to active shooter situations. http://bit.ly/2cvFlRf
China’s largest manufacturer, Foxconn, is building a large plant in Pennsylvania http://cnnmon.ie/1k7LT4S
Worked with Apple Computer to get them to build more product here, and the company is building two large plants to manufacture products here; one in Texas http://zd.net/1nkpt2O and one in Arizona http://bit.ly/1mXY5Vg
Created an institute to invest in more manufacturing jobs in the technology fields of the future. http://nyti.ms/1egyXrV
Ordered all federal contractors to pay a minimum wage of $10.10 per hour, leading the way to a national increase. http://wapo.st/1iaU5kd As a result of this decision, a number of large employers, including Disney and Walmart, have increased their minimums. http://bit.ly/2c3iwF5
Ordered the completion of the International Trade Data System, a digital trade record book, by 2016. This move will streamline and simplify the process through which small- and medium-sized businesses set up the export of US goods. http://bit.ly/1nwSRF4
Signed bill to expand opportunities and to promote greater Native American tourism. http://bit.ly/2dTIQmo
Specific Examples of Economic Improvement
As of December 2016, a record 75 consecutive months of overall job growth, a record. http://on.msnbc.com/1TKFCPQ
As of August 2016, Unemployment drops below 5% for the first time in eight years and without a significant bubble, remains below 5% until he leaves office. 4.9% http://on.msnbc.com/1TKFCPQ
As of December 2016, there have been 82 consecutive months of private sector job growth, a record. http://1.usa.gov/1Xhizho
In April 2016, new unemployment claims hit their lowest level since Nov. 1973. As of September 2016, they remain at 43-year lows. That means lower than at any time during Saint Reagan’s Administration. http://yhoo.it/2eaIPbf http://nyti.ms/1YhZEBk
Since February 2010, when unemployment peaked, 16 million non-farm private sector jobs have been created. http://1.usa.gov/1Xhizho
Contrary to GOP rhetoric, most of the new jobs created have been full-time, not temporary. http://bit.ly/2dF7pjO
Oversaw a reduction in the federal budget deficit by two-thirds since taking office. http://bit.ly/1xKMmjY
Reduced the federal budget deficit from 9.8% of GDP in Fiscal Year 2009 under Bush, to 2.5% of GDP in FY 2015. http://bit.ly/2cI4ABV
Scolds Congress and gets a $305 billion highways bill passed. This bill has the added benefit of created hundreds of thousands of new jobs and creating incentives for green cars. http://bit.ly/1NsL2Zq
Wages have risen more in 2015 and 2016 than at any time in almost 20 years, without the aid of an economic bubble. http://theatln.tc/2iX24JK
For the first time in 15 years, the lowest income demographic is seeing a rise in income. http://theatln.tc/2iX24JK
Addressed Wrongdoing in the Financial Sector
Signed the Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system, and create a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown. http://abcn.ws/g18Fe7
Ordered 65 executives who took bailout money to cut their own pay until they paid back all bailout money. http://huff.to/eAi9Qq
Along with Congressional Democrats, pushed through and got passed Dodd-Frank, one of the largest and most comprehensive Wall Street reforms since the Great Depression. http://bit.ly/hWCPg0http://bit.ly/geHpcD
Created and implemented rules to reduce the influence of speculators in the oil market. http://bit.ly/MDnA1t
Created and implemented rules so banks can no longer use depositors’ money to invest in derivatives and other high-risk financial instruments that work against depositors’ interests. http://bit.ly/fnTayj
Supported the concept of allowing stockholders to vote on executive compensation. http://bit.ly/fnTayj
Endorsed and supported the Foreign Account Tax Compliance Act of 2009 that would close offshore tax avoidance loopholes. http://bit.ly/esOdfB http://bit.ly/eG4DPM
Negotiated a deal with Swiss banks permitting the US government to gain access to bank records of criminals and tax evaders. http://bit.ly/2aAwUS5
Signed the American Jobs and Closing Tax Loopholes Act, closing many of the loopholes that allowed companies to send jobs overseas, and avoid paying US taxes by moving money offshore. http://1.usa.gov/bd1RTq
Thanks to the Patient Protection and Affordable Care Act, inflation in the healthcare sector dropped to its lowest point in 50 years. http://on.wsj.com/1E6cYjF
Improved Conditions for Consumers and Small Businesses
Signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, to protect consumers from unfair and deceptive credit card practices. http://1.usa.gov/gIaNcS
Guided the housing market all the way back from total collapse, which led to a rally for housing starts. http://reut.rs/1NTAOVU
Spent unprecedented amounts of money on technology, to move the country well into the 21st Century, after eight years of lag. http://bit.ly/2jCTwsA
Brought airline industry back to their highest profitability since before the recession. http://lat.ms/1O8H1iE
Like a true paid poster, you have the data base ready.
All those things were reported when they happened, but fox must have forgot to mention them to you. Feel free to click the links. They are all well documented. Obama did a lot of great things for our country. I could list a few hundred more if you doubt it.
Your pivot is noted and discarded.TARP was in the FY2009 budget, not FY2008; and FY2008 produced a trillion dollar deficit.Show me the results of Obama's last year.
We are in BOs' last year until OCT 01, 2017.
This fact was made clear during the housing crash (TARP) all charged during GWB final year 2008. This "one time event" big spike is used to indicate how Obama reduced the deficit. What a freakin' joke.
Off top of my head the deficit was about $250Billion in FY 2007? Then they crashed housing. TARP was added into the disastrous 2008 numbers (but occuring in early 2009). Obama years were more like $1.25T avg over 8 years.
Your mis-remembering is noted. I have no keybosrd or I would lambaste you.
In 2008, George W. Bush ran a deficit of $485 billion. By the time the fiscal year started, on Oct. 1, 2008, it had gone up by another $100 billion due to increased recession-related spending and depressed revenues. So it was about $600 billion at the start of the fiscal crisis. That was the real Bush deficit. But when the fiscal crisis hit, Bush had to pass the Troubled Asset Relief Program (TARP) in the final months of his presidency, which cost $700 billion. Under the federal budget rules, a loan and a grant are treated the same. So the $700 billion pushed the deficit — officially — up to $1.3 trillion. But not really. The $700 billion was a short-term loan.
09/30/2007 ..... 9,007,653,372,262.48
09/30/2008 ... 10,024,724,896,912.49
Total deficit for FY2008: 1,017,071,524,650.01
Government - Historical Debt Outstanding - Annual 2000 - 2015
And TARP, which was in FY2009, had nothing to do with that.
List 2009-2017 while you're at it. Don't pretend you have a leg to stand on.
Your pivot is noted and discarded.TARP was in the FY2009 budget, not FY2008; and FY2008 produced a trillion dollar deficit.We are in BOs' last year until OCT 01, 2017.
This fact was made clear during the housing crash (TARP) all charged during GWB final year 2008. This "one time event" big spike is used to indicate how Obama reduced the deficit. What a freakin' joke.
Off top of my head the deficit was about $250Billion in FY 2007? Then they crashed housing. TARP was added into the disastrous 2008 numbers (but occuring in early 2009). Obama years were more like $1.25T avg over 8 years.
Your mis-remembering is noted. I have no keybosrd or I would lambaste you.
In 2008, George W. Bush ran a deficit of $485 billion. By the time the fiscal year started, on Oct. 1, 2008, it had gone up by another $100 billion due to increased recession-related spending and depressed revenues. So it was about $600 billion at the start of the fiscal crisis. That was the real Bush deficit. But when the fiscal crisis hit, Bush had to pass the Troubled Asset Relief Program (TARP) in the final months of his presidency, which cost $700 billion. Under the federal budget rules, a loan and a grant are treated the same. So the $700 billion pushed the deficit — officially — up to $1.3 trillion. But not really. The $700 billion was a short-term loan.
09/30/2007 ..... 9,007,653,372,262.48
09/30/2008 ... 10,024,724,896,912.49
Total deficit for FY2008: 1,017,071,524,650.01
Government - Historical Debt Outstanding - Annual 2000 - 2015
And TARP, which was in FY2009, had nothing to do with that.
List 2009-2017 while you're at it. Don't pretend you have a leg to stand on.
As I said, each one has a verifying link from a credible source. Feel free to click on any you doubt to be true.Yea. "Lots of good results". That's why you ever so abundantly list them.
Here's a few
Within his first week, he signed an Executive Order ordering an audit of government contracts, and combating waste and abuse. http://1.usa.gov/dUvbu5
Created the post of Chief Performance Officer, whose job it is to make operations more efficient to save the federal government money. Obama Names Chief Performance Officer
On his first full day, he froze White House salaries for the duration of the Great Recession. Obama Freezes Pay For White House Employees, Limits Lobbyists
He appointed the first Federal Chief Information Officer to oversee federal IT spending and efficiency. http://www.cio.gov
He committed to phasing out unnecessary and outdated weapons systems and signed the Weapons Systems Acquisition Reform Act, in an attempt to limit waste, fraud and abuse in the defense procurement and contracting systems. Gates announces major Pentagon priority shifts - CNN.com
Established the Open Government Directive, which completely changed the government’s approach to technology at all levels. http://bit.ly/2iOTERn
He created the National Commission on Fiscal Responsibility and Reform. President orders debt panel, names chairmen - Feb. 18, 2010
Signed an Executive Order instructing federal agencies to review all federal regulations and remove any unnecessary and/or burdensome regulations from the books. Executive Order -- Identifying and Reducing Regulatory Burdens
Dismantled the Minerals Management Service, thereby cutting ties between energy companies and the government. Obama Officials Seek Better Policing of Oil Industry
Banned gifts from lobbyists to anyone in the Executive Branch. Updated - The Obameter: Ban lobbyist gifts to executive employees
Banned anyone from working in an agency they had lobbied in previous years and placed strict limits on lobbyists’ access to the White House. http://nyti.ms/gOrznV
Held the first-ever first online town hall from the White House, and took questions from the public. Townhall @ The White House
Became the first president to stream every White House event, live. Live Events
Established a central portal for Americans to find service opportunities. http://www.serve.gov
Restored the 30-day time frame for former presidents to review records and eliminated the right for the vice president or family members of former presidents to do the reviews, giving the public greater access to historic White House documents, and curtails the use of executive privilege to shield them. http://1.usa.gov/gUetLb
Improved the Freedom of Information Act and issued new guidelines to make FOIA more open and transparent when processing FOIA requests. http://1.usa.gov/gjrnp2
Streamlined the Department of Education’s procurement policies and made them more transparent. http://bit.ly/1r9oQvh
Provided the first voluntary disclosure of the White House Visitors Log in history. http://1.usa.gov/hQ7
Signed a law to completely reform NSA Data Collection program and keep phone records in the hands of the phone company. Obama signs overhauled NSA phone-records bill into law
Improved access and data available to Inspectors General throughout the federal governments and elsewhere, thus improving investigative quality.
Sought to improve project management and accountability throughout the federal government. Obama Signs Program Management Improvement & Accountability Act - Executive Gov
Enjoyed a virtually scandal-free Administration for eight solid years. Chief of staff: Obama administration 'historically free of scandal'
Prevented a Bush Depression, Improved the Economy
Pushed through and signed the American Recovery and Reinvestment Act, also known as “the stimulus package.” He also launched recovery.gov, a website that allows taxpayers to track spending from the Act. White House Rankled by Recovery.gov
By the end of his first year, the economy created and sustained 2.1 million jobs and the ARRA stimulated the economy by 3.5%. UPDATE 2-US stimulus added up to 2.1 mln jobs in Q4 2009-CBO
He guided the massive TARP financial and banking rescue plan and forced financial organizations to pay back virtually all bailout money. Barack Obama says banks paid back all the federal bailout money
Established the Making Home Affordable home refinancing plan. Home
In 2010 alone, more jobs were created than had been created during Bush’s eight years. http://bit.ly/hrrnjY
He pushed through and implemented an auto industry rescue plan that saved as many as 1 million jobs and possibly the entire auto industry. http://bit.ly/ibhpxr http://bit.ly/gj7mt5
Through his investment in GM, returned to the company to its place as the premiere car company in the world. http://lat.ms/zIJuQx
In February 2016, GM was in such good financial shape, they gave a share of the profit to each worker, with checks up to $11,000. http://detne.ws/1mk7Jry
Doubled funding for the Manufacturing Extension Partnership, to improve manufacturing efficiency. http://bit.ly/eYD4nf
Increased infrastructure spending after years of neglect. http://bit.ly/f77aOw
Signed the Helping Families Save Their Homes Act, which helped millions of Americans avoid preventable foreclosures and provided $2.2 billion to combat homelessness and stabilize the housing market. http://bit.ly/2aiFCbi
Signed an Executive Order creating jobs immediately by reducing the time needed for review and permitting of infrastructure projects. http://1.usa.gov/GHxaYt
Through the Worker, Homeownership, and Business Assistance Act of 2009, he and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery. http://bit.ly/dZgXXw http://bit.ly/2aOGmVM
Played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis. http://nyti.ms/gHlgp5
Signed new rules making it easier for home buyers to get a loan to buy a condominium. http://bit.ly/2c4VPDl
Through the American Recovery and Reinvestment Act, saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost. http://1.usa.gov/ez30D
Provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession. http://bit.ly/g0IKWR
Signed bill to provide extra training for local police forces, especially with regard to active shooter situations. http://bit.ly/2cvFlRf
China’s largest manufacturer, Foxconn, is building a large plant in Pennsylvania http://cnnmon.ie/1k7LT4S
Worked with Apple Computer to get them to build more product here, and the company is building two large plants to manufacture products here; one in Texas http://zd.net/1nkpt2O and one in Arizona http://bit.ly/1mXY5Vg
Created an institute to invest in more manufacturing jobs in the technology fields of the future. http://nyti.ms/1egyXrV
Ordered all federal contractors to pay a minimum wage of $10.10 per hour, leading the way to a national increase. http://wapo.st/1iaU5kd As a result of this decision, a number of large employers, including Disney and Walmart, have increased their minimums. http://bit.ly/2c3iwF5
Ordered the completion of the International Trade Data System, a digital trade record book, by 2016. This move will streamline and simplify the process through which small- and medium-sized businesses set up the export of US goods. http://bit.ly/1nwSRF4
Signed bill to expand opportunities and to promote greater Native American tourism. http://bit.ly/2dTIQmo
Specific Examples of Economic Improvement
As of December 2016, a record 75 consecutive months of overall job growth, a record. http://on.msnbc.com/1TKFCPQ
As of August 2016, Unemployment drops below 5% for the first time in eight years and without a significant bubble, remains below 5% until he leaves office. 4.9% http://on.msnbc.com/1TKFCPQ
As of December 2016, there have been 82 consecutive months of private sector job growth, a record. http://1.usa.gov/1Xhizho
In April 2016, new unemployment claims hit their lowest level since Nov. 1973. As of September 2016, they remain at 43-year lows. That means lower than at any time during Saint Reagan’s Administration. http://yhoo.it/2eaIPbf http://nyti.ms/1YhZEBk
Since February 2010, when unemployment peaked, 16 million non-farm private sector jobs have been created. http://1.usa.gov/1Xhizho
Contrary to GOP rhetoric, most of the new jobs created have been full-time, not temporary. http://bit.ly/2dF7pjO
Oversaw a reduction in the federal budget deficit by two-thirds since taking office. http://bit.ly/1xKMmjY
Reduced the federal budget deficit from 9.8% of GDP in Fiscal Year 2009 under Bush, to 2.5% of GDP in FY 2015. http://bit.ly/2cI4ABV
Scolds Congress and gets a $305 billion highways bill passed. This bill has the added benefit of created hundreds of thousands of new jobs and creating incentives for green cars. http://bit.ly/1NsL2Zq
Wages have risen more in 2015 and 2016 than at any time in almost 20 years, without the aid of an economic bubble. http://theatln.tc/2iX24JK
For the first time in 15 years, the lowest income demographic is seeing a rise in income. http://theatln.tc/2iX24JK
Addressed Wrongdoing in the Financial Sector
Signed the Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system, and create a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown. http://abcn.ws/g18Fe7
Ordered 65 executives who took bailout money to cut their own pay until they paid back all bailout money. http://huff.to/eAi9Qq
Along with Congressional Democrats, pushed through and got passed Dodd-Frank, one of the largest and most comprehensive Wall Street reforms since the Great Depression. http://bit.ly/hWCPg0http://bit.ly/geHpcD
Created and implemented rules to reduce the influence of speculators in the oil market. http://bit.ly/MDnA1t
Created and implemented rules so banks can no longer use depositors’ money to invest in derivatives and other high-risk financial instruments that work against depositors’ interests. http://bit.ly/fnTayj
Supported the concept of allowing stockholders to vote on executive compensation. http://bit.ly/fnTayj
Endorsed and supported the Foreign Account Tax Compliance Act of 2009 that would close offshore tax avoidance loopholes. http://bit.ly/esOdfB http://bit.ly/eG4DPM
Negotiated a deal with Swiss banks permitting the US government to gain access to bank records of criminals and tax evaders. http://bit.ly/2aAwUS5
Signed the American Jobs and Closing Tax Loopholes Act, closing many of the loopholes that allowed companies to send jobs overseas, and avoid paying US taxes by moving money offshore. http://1.usa.gov/bd1RTq
Thanks to the Patient Protection and Affordable Care Act, inflation in the healthcare sector dropped to its lowest point in 50 years. http://on.wsj.com/1E6cYjF
Improved Conditions for Consumers and Small Businesses
Signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, to protect consumers from unfair and deceptive credit card practices. http://1.usa.gov/gIaNcS
Guided the housing market all the way back from total collapse, which led to a rally for housing starts. http://reut.rs/1NTAOVU
Spent unprecedented amounts of money on technology, to move the country well into the 21st Century, after eight years of lag. http://bit.ly/2jCTwsA
Brought airline industry back to their highest profitability since before the recession. http://lat.ms/1O8H1iE
Like a true paid poster, you have the data base ready.
All those things were reported when they happened, but fox must have forgot to mention them to you. Feel free to click the links. They are all well documented. Obama did a lot of great things for our country. I could list a few hundred more if you doubt it.
As I said, each one has a verifying link from a credible source. Feel free to click on any you doubt to be true.Here's a few
Within his first week, he signed an Executive Order ordering an audit of government contracts, and combating waste and abuse. http://1.usa.gov/dUvbu5
Created the post of Chief Performance Officer, whose job it is to make operations more efficient to save the federal government money. Obama Names Chief Performance Officer
On his first full day, he froze White House salaries for the duration of the Great Recession. Obama Freezes Pay For White House Employees, Limits Lobbyists
He appointed the first Federal Chief Information Officer to oversee federal IT spending and efficiency. http://www.cio.gov
He committed to phasing out unnecessary and outdated weapons systems and signed the Weapons Systems Acquisition Reform Act, in an attempt to limit waste, fraud and abuse in the defense procurement and contracting systems. Gates announces major Pentagon priority shifts - CNN.com
Established the Open Government Directive, which completely changed the government’s approach to technology at all levels. http://bit.ly/2iOTERn
He created the National Commission on Fiscal Responsibility and Reform. President orders debt panel, names chairmen - Feb. 18, 2010
Signed an Executive Order instructing federal agencies to review all federal regulations and remove any unnecessary and/or burdensome regulations from the books. Executive Order -- Identifying and Reducing Regulatory Burdens
Dismantled the Minerals Management Service, thereby cutting ties between energy companies and the government. Obama Officials Seek Better Policing of Oil Industry
Banned gifts from lobbyists to anyone in the Executive Branch. Updated - The Obameter: Ban lobbyist gifts to executive employees
Banned anyone from working in an agency they had lobbied in previous years and placed strict limits on lobbyists’ access to the White House. http://nyti.ms/gOrznV
Held the first-ever first online town hall from the White House, and took questions from the public. Townhall @ The White House
Became the first president to stream every White House event, live. Live Events
Established a central portal for Americans to find service opportunities. http://www.serve.gov
Restored the 30-day time frame for former presidents to review records and eliminated the right for the vice president or family members of former presidents to do the reviews, giving the public greater access to historic White House documents, and curtails the use of executive privilege to shield them. http://1.usa.gov/gUetLb
Improved the Freedom of Information Act and issued new guidelines to make FOIA more open and transparent when processing FOIA requests. http://1.usa.gov/gjrnp2
Streamlined the Department of Education’s procurement policies and made them more transparent. http://bit.ly/1r9oQvh
Provided the first voluntary disclosure of the White House Visitors Log in history. http://1.usa.gov/hQ7
Signed a law to completely reform NSA Data Collection program and keep phone records in the hands of the phone company. Obama signs overhauled NSA phone-records bill into law
Improved access and data available to Inspectors General throughout the federal governments and elsewhere, thus improving investigative quality.
Sought to improve project management and accountability throughout the federal government. Obama Signs Program Management Improvement & Accountability Act - Executive Gov
Enjoyed a virtually scandal-free Administration for eight solid years. Chief of staff: Obama administration 'historically free of scandal'
Prevented a Bush Depression, Improved the Economy
Pushed through and signed the American Recovery and Reinvestment Act, also known as “the stimulus package.” He also launched recovery.gov, a website that allows taxpayers to track spending from the Act. White House Rankled by Recovery.gov
By the end of his first year, the economy created and sustained 2.1 million jobs and the ARRA stimulated the economy by 3.5%. UPDATE 2-US stimulus added up to 2.1 mln jobs in Q4 2009-CBO
He guided the massive TARP financial and banking rescue plan and forced financial organizations to pay back virtually all bailout money. Barack Obama says banks paid back all the federal bailout money
Established the Making Home Affordable home refinancing plan. Home
In 2010 alone, more jobs were created than had been created during Bush’s eight years. It’s Official: More Private Sector Jobs Created In 2010 Than During Entire Bush Years | NEWS JUNKIE POST
He pushed through and implemented an auto industry rescue plan that saved as many as 1 million jobs and possibly the entire auto industry. Obama unveils plan to help U.S. auto industry_English_Xinhua The Bailout That Worked
Through his investment in GM, returned to the company to its place as the premiere car company in the world. General Motors is world's sales leader
In February 2016, GM was in such good financial shape, they gave a share of the profit to each worker, with checks up to $11,000. http://detne.ws/1mk7Jry
Doubled funding for the Manufacturing Extension Partnership, to improve manufacturing efficiency. http://bit.ly/eYD4nf
Increased infrastructure spending after years of neglect. http://bit.ly/f77aOw
Signed the Helping Families Save Their Homes Act, which helped millions of Americans avoid preventable foreclosures and provided $2.2 billion to combat homelessness and stabilize the housing market. http://bit.ly/2aiFCbi
Signed an Executive Order creating jobs immediately by reducing the time needed for review and permitting of infrastructure projects. http://1.usa.gov/GHxaYt
Through the Worker, Homeownership, and Business Assistance Act of 2009, he and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery. http://bit.ly/dZgXXw http://bit.ly/2aOGmVM
Played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis. http://nyti.ms/gHlgp5
Signed new rules making it easier for home buyers to get a loan to buy a condominium. http://bit.ly/2c4VPDl
Through the American Recovery and Reinvestment Act, saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost. http://1.usa.gov/ez30D
Provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession. http://bit.ly/g0IKWR
Signed bill to provide extra training for local police forces, especially with regard to active shooter situations. http://bit.ly/2cvFlRf
China’s largest manufacturer, Foxconn, is building a large plant in Pennsylvania http://cnnmon.ie/1k7LT4S
Worked with Apple Computer to get them to build more product here, and the company is building two large plants to manufacture products here; one in Texas http://zd.net/1nkpt2O and one in Arizona http://bit.ly/1mXY5Vg
Created an institute to invest in more manufacturing jobs in the technology fields of the future. http://nyti.ms/1egyXrV
Ordered all federal contractors to pay a minimum wage of $10.10 per hour, leading the way to a national increase. http://wapo.st/1iaU5kd As a result of this decision, a number of large employers, including Disney and Walmart, have increased their minimums. http://bit.ly/2c3iwF5
Ordered the completion of the International Trade Data System, a digital trade record book, by 2016. This move will streamline and simplify the process through which small- and medium-sized businesses set up the export of US goods. http://bit.ly/1nwSRF4
Signed bill to expand opportunities and to promote greater Native American tourism. http://bit.ly/2dTIQmo
Specific Examples of Economic Improvement
As of December 2016, a record 75 consecutive months of overall job growth, a record. http://on.msnbc.com/1TKFCPQ
As of August 2016, Unemployment drops below 5% for the first time in eight years and without a significant bubble, remains below 5% until he leaves office. 4.9% http://on.msnbc.com/1TKFCPQ
As of December 2016, there have been 82 consecutive months of private sector job growth, a record. http://1.usa.gov/1Xhizho
In April 2016, new unemployment claims hit their lowest level since Nov. 1973. As of September 2016, they remain at 43-year lows. That means lower than at any time during Saint Reagan’s Administration. http://yhoo.it/2eaIPbf http://nyti.ms/1YhZEBk
Since February 2010, when unemployment peaked, 16 million non-farm private sector jobs have been created. http://1.usa.gov/1Xhizho
Contrary to GOP rhetoric, most of the new jobs created have been full-time, not temporary. http://bit.ly/2dF7pjO
Oversaw a reduction in the federal budget deficit by two-thirds since taking office. http://bit.ly/1xKMmjY
Reduced the federal budget deficit from 9.8% of GDP in Fiscal Year 2009 under Bush, to 2.5% of GDP in FY 2015. http://bit.ly/2cI4ABV
Scolds Congress and gets a $305 billion highways bill passed. This bill has the added benefit of created hundreds of thousands of new jobs and creating incentives for green cars. http://bit.ly/1NsL2Zq
Wages have risen more in 2015 and 2016 than at any time in almost 20 years, without the aid of an economic bubble. http://theatln.tc/2iX24JK
For the first time in 15 years, the lowest income demographic is seeing a rise in income. http://theatln.tc/2iX24JK
Addressed Wrongdoing in the Financial Sector
Signed the Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system, and create a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown. http://abcn.ws/g18Fe7
Ordered 65 executives who took bailout money to cut their own pay until they paid back all bailout money. http://huff.to/eAi9Qq
Along with Congressional Democrats, pushed through and got passed Dodd-Frank, one of the largest and most comprehensive Wall Street reforms since the Great Depression. http://bit.ly/hWCPg0http://bit.ly/geHpcD
Created and implemented rules to reduce the influence of speculators in the oil market. http://bit.ly/MDnA1t
Created and implemented rules so banks can no longer use depositors’ money to invest in derivatives and other high-risk financial instruments that work against depositors’ interests. http://bit.ly/fnTayj
Supported the concept of allowing stockholders to vote on executive compensation. http://bit.ly/fnTayj
Endorsed and supported the Foreign Account Tax Compliance Act of 2009 that would close offshore tax avoidance loopholes. http://bit.ly/esOdfB http://bit.ly/eG4DPM
Negotiated a deal with Swiss banks permitting the US government to gain access to bank records of criminals and tax evaders. http://bit.ly/2aAwUS5
Signed the American Jobs and Closing Tax Loopholes Act, closing many of the loopholes that allowed companies to send jobs overseas, and avoid paying US taxes by moving money offshore. http://1.usa.gov/bd1RTq
Thanks to the Patient Protection and Affordable Care Act, inflation in the healthcare sector dropped to its lowest point in 50 years. http://on.wsj.com/1E6cYjF
Improved Conditions for Consumers and Small Businesses
Signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, to protect consumers from unfair and deceptive credit card practices. http://1.usa.gov/gIaNcS
Guided the housing market all the way back from total collapse, which led to a rally for housing starts. http://reut.rs/1NTAOVU
Spent unprecedented amounts of money on technology, to move the country well into the 21st Century, after eight years of lag. http://bit.ly/2jCTwsA
Brought airline industry back to their highest profitability since before the recession. http://lat.ms/1O8H1iE
Like a true paid poster, you have the data base ready.
All those things were reported when they happened, but fox must have forgot to mention them to you. Feel free to click the links. They are all well documented. Obama did a lot of great things for our country. I could list a few hundred more if you doubt it.
Window dressing govt. links. Obama was all about cronyism. That's the simple fact.
Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
Those of us who know what we're talking about are not confused.Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
You are on to something? If one searches for 2007 or 2008 deficit it shows $161bil and 4459bil (but not numbers over $1T). I don't know the true answers? Looks like this data is much different? $1T...07-08, $2T...08-09 etc.
I think some of the confusion is due to the Fiscal year starting during the previous year. hence.......the 09 debt started in 08 budget?
View attachment 118575
Those of us who know what we're talking about are not confused.Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
You are on to something? If one searches for 2007 or 2008 deficit it shows $161bil and 4459bil (but not numbers over $1T). I don't know the true answers? Looks like this data is much different? $1T...07-08, $2T...08-09 etc.
I think some of the confusion is due to the Fiscal year starting during the previous year. hence.......the 09 debt started in 08 budget?
View attachment 118575
Umm... I gave you the link to the total deficit for all years.Those of us who know what we're talking about are not confused.Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
You are on to something? If one searches for 2007 or 2008 deficit it shows $161bil and 4459bil (but not numbers over $1T). I don't know the true answers? Looks like this data is much different? $1T...07-08, $2T...08-09 etc.
I think some of the confusion is due to the Fiscal year starting during the previous year. hence.......the 09 debt started in 08 budget?
View attachment 118575
Well aren't you something. I can't find it for all the years yet? But it seems they borrow a lot more than they budget for.......during that next fiscal year?
Thursday, January 19, 2017
Spending Details page. To Recap:
View attachment 118576
Other Borrowings = (Increase in Federal Debt) - (Official Deficit)
They don't match because you are conflating the budget with the total deficit.Those of us who know what we're talking about are not confused.Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
You are on to something? If one searches for 2007 or 2008 deficit it shows $161bil and 4459bil (but not numbers over $1T). I don't know the true answers? Looks like this data is much different? $1T...07-08, $2T...08-09 etc.
I think some of the confusion is due to the Fiscal year starting during the previous year. hence.......the 09 debt started in 08 budget?
View attachment 118575
Well aren't you something. I can't find it for all the years yet? But it seems they borrow a lot more than they budget for.......during that next fiscal year?
Thursday, January 19, 2017
Spending Details page. To Recap:
View attachment 118576
Other Borrowings = (Increase in Federal Debt) - (Official Deficit)
They don't match because you are conflating the budget with the total deficit.Those of us who know what we're talking about are not confused.Holyfuckingshit!Each fiscal year begins on October 1st The numbers you so do not match fed data I will have to deal with that later In addition 2007 deficit Was shown as 161 billion by fed data 2008 Was a huge deficits but as I said it included tarp + billions stimulus Return to taxpayers not to government union workersI need to get to a PC later
a) The link I posted goes to federal data...
Government - Historical Debt Outstanding - Annual 2000 - 2015
b) The dates I provided include all of FY2008, from 9.30.2007 through 9.30.2008
c) The debt for FY2008 increased by $1.02 trillion.
d) TARP was signed into law on 10.3.2008 -- after FY2008 ended. No part of TARP had any impact on the trillion dollar deficit we had in FY2008 since TARP started in FY2009.
e) You're probably thinking of the budget deficit and not the total deficit. The total deficit for FY2008 was over a trillion dollars.
You are on to something? If one searches for 2007 or 2008 deficit it shows $161bil and 4459bil (but not numbers over $1T). I don't know the true answers? Looks like this data is much different? $1T...07-08, $2T...08-09 etc.
I think some of the confusion is due to the Fiscal year starting during the previous year. hence.......the 09 debt started in 08 budget?
View attachment 118575
Well aren't you something. I can't find it for all the years yet? But it seems they borrow a lot more than they budget for.......during that next fiscal year?
Thursday, January 19, 2017
Spending Details page. To Recap:
View attachment 118576
Other Borrowings = (Increase in Federal Debt) - (Official Deficit)
