Largest monthly federal deficit in history

Discussion in 'Current Events' started by DiamondDave, Mar 11, 2010.

  1. DiamondDave
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    DiamondDave Army Vet

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    But... but.. but Obama is IMPROVING things :rolleyes:

    U.S. Monthly Budget Deficit Balloons to a Record - WSJ.com

    WASHINGTON—Even as government receipts posted a rare increase in February, soaring outlays pushed the country's year-to-date deficit up to a record $651.60 billion.

    The government's fiscal 2010 year-to-date deficit is up 10.5% from fiscal year 2009.

    The government in February alone ran its largest ever monthly deficit—$221 billion, the U.S. Treasury said in releasing its monthly budget statement Wednesday. The government in February 2009 ran a budget deficit of nearly $194 billion.
     
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  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Historic!

    Obama's historic legacy continues!
     
  3. DiamondDave
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    DiamondDave Army Vet

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    I guess that IS considered 'change'
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Remember kids, Reagan deficits = bad; Booooooosh deficits = badder and Obama is the Messiah
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Reagan ANNUAL average deficit = 216 B.

    So in one month, Obama eclipsed any average 1 year Reagan deficit.

    Hope? Change? Yes he can!
     
  6. editec
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    editec Mr. Forgot-it-All

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    Oh yeah, we're fucked, no doubt about it.

    Blame the last ten presidents (that goes back to FDR, BTW) and their Congresses.
     
  7. DiamondDave
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    DiamondDave Army Vet

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    This spending and budget is not on the last 10 Presidents

    His hope and change was for exactly what you are getting... massive government spending
     
  8. editec
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    editec Mr. Forgot-it-All

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    DD, you are aware, are you not, that Bush II doubled the national debt, right?

    So if your point is that Obama is doing something much different, you'll need to do more than just whine about it.

    Right now your post makes you look like a clueless partisan.

    I think you must be smarter than that.
     
  9. DiamondDave
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    DiamondDave Army Vet

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    But... but.. but... BOoooooooooooooooooooooooooosssssssssshhhhhhhhhh
    And you claim someone as looking partisan?

    I did not support Bush's out of control spending.. but nice try

    No back to the subject at hand

    What he is doing so different is drastically spending even more at an accelerated rate over what even he did last year

    I am not in support of his huge spending nor the fact that he is accelerating that spending... bringing about the largest deficits ever
     
  10. editec
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    editec Mr. Forgot-it-All

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    Oh did I hit a nerve?

    Yes of course Bush II doubled the debt and now Obama is doubling it again.

    Odd that you complain that Obama is doing it, but fail to admit that this problem is one that Bush II also contributed to.

    One would think if you were REALLY conservative, you'd be pissed at BOTH of these guys.

    Are you angry at Bush II for doubling the national debt or not?

    My guess is that I have faulted Obaman policies on this board more ccitically based on what he is doing than you ever can or will.

    Why?

    Because unlike you, my nation is more important to me than some stupid policial affiliation.

    A curse on both your houses, says I.

    If you don't understand somebody like me?

    That's your problem, sport, not mine.
     

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