Liberals - Time to Rise, Shine and Blame President Bush !!!

Discussion in 'Economy' started by Warrior102, Feb 11, 2012.

  1. Warrior102
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    Warrior102 Gold Member

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    President Obama's proposed 2013 budget will forecast a $901 billion deficit for next year, falling far short of his goal to halve the deficit in four years.

    The budget, an outline of which was released by the White House Friday night, will show a higher deficit this year than in 2011, up from $1.3 trillion to $1.33 trillion.

    -$1,330,000,000,000.00... ! ! ! !


    Obama budget to miss deficit goal
     
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    Last edited: Feb 11, 2012
  2. Norman
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    Norman Gold Member

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    Just as I was cheering here about the deficit shrinking hugely according to forecasts in the following years.

    If this is true it should be huge news.


    Sometime soon washington is going to have to have a serious shift in atmosphere.



    Wait, actually next year is still "only" 900 billion. It sure is up from 700 but at least it's not 1.3. We will see what happens though.
     
    Last edited: Feb 11, 2012
  3. Warrior102
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    Warrior102 Gold Member

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    Liberals? Care to chime in on behalf of the Messiah In Chief?
     
  4. Zander
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    Zander Platinum Member

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    The saddest part of this is the sheer stupidity of the left- they believe we can solve the "spending problem" by taxing the "rich". If Congress imposed a 100 percent tax, taking all earnings above $250,000 per year, it would raise only $1.4 trillion - barely enough to cover this years deficit...it's the "spending", stupid.
     
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  5. DSGE
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    DSGE VIP Member

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    I'll have to get around to looking through the CBO site to find the composition of government expenditures.
     
  6. Warrior102
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    Warrior102 Gold Member

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    But.... But.... Boooooooooooosh......

    And his "War for Oil" !!!!!

    Excuse me while I go fill up for $4/gallon.
     
  7. waltky
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    waltky Wise ol' monkey Supporting Member

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    Obama gonna fix it...
    :eusa_eh:
    White House: US Deficit To Rise, Then Fall
    February 11, 2012 - President Barack Obama’s proposed government budget calls for a slightly higher U.S. deficit for the remainder of this year, then a smaller deficit next year. The president will unveil his budget plan on Monday.
     
  8. sealybobo
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    sealybobo Diamond Member

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    Righties are funny. In the 90's they said the economy sucked even though it was great, all so they could beat Clinton. Then the GOP stole the White House and had control of both houses and they demolished our economy. But they pointed to corporate profits and said things were good.

    Remember right up until the 2008 election, Romney said Michigan was in a one state recession and McCain said the fundamentals of our economy were strong. Both were either lying or dumb. Take your pick.

    Then the Dems took over both houses because the GOP ruined the economy and immediately the GOP start blaming Pelosi and Reed for the bad economy. Refusing to admit that Pelosi and Reid were elected in the first place because the GOP drove our economy off a cliff. Not to mention they had to deal with record filabusters and Bush's veto pen.

    So America votes Bush out of office and Bush leaves but before he leaves, he pulls off the biggest bank robbery in world history. He goes on tv and tells America that the top 1% are holding up America and we either give them control of our country or they will crash it. We give in.

    So Obama wins office and has to now deal with the mess the GOP created, the tea party, record number of filabusters, lobbyists, super pacs, the corporate controlled media, the military industrial complex,

    The GOP will tell you Obama isn't doing a good job. He's doing a great job. I love him. And his family. Republicans don't realize the GOP have been waging class warfare on us since we won the American revolution. Our founding fathers warned us. But with citizens united, seems the corporations now control everything.
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Then the Dems took over both houses and ruined the economy...

    there, fixed
     
  10. sealybobo
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    sealybobo Diamond Member

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    Obama has given in to lots of cuts. Nothing would be enough for the GOP shy of ending social security and medicare and defunding the EPA and Public education, post office, FEMA, etc. Everything but the bloated military. That they will increase spending on. Bombs not Mail.

    And if they really want to balance the budget they would know we need the Bush tax cuts to end. But instead they are going after social programs that help the poor and middle class. And instead of balancing the budget, anytime they find some savings they give it to corporations in the form of tax breaks.

    They will never shrink the debt. Only Ron Paul talks about the debt. Notice that? Not deficit, but debt. Difference. The GOP aren't talking about paying down the $14 trillion dollar debt. If they are, show me Romney's plan. He doesn't have one. Only Ron Paul does. WHich is why he doesn't have a chance. Not with the corporations controlling the entire process.

    The only thing they don't control is our vote. Thank God the internet is there to counter the now corporate controlled media. Its a lot harder for them to lie to us when we have the world at our finger tips.

    Remember when there was no internet and only 3 channels? I do. We thought Reagan was great! Meanwhile he was the beginning of the end. Breaking unions, sending jobs overseas, letting 10 million illegals in to do "jobs Americans won't do", and eventually jobs we will do, at a decent wage.
     

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