New Obama Record-$1.2T 2012 budget deficit

[Nova78]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

 

[Norman]

I am sure he can beat the predictions.

 

[Rshermr]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

View attachment 20207

I hate to burst your con bubble, but the record budget deficit was W's last budget, at $1.41T. Here is the link to actual numbers. Your link goes to an article with no author, and no footnotes. Not sure where those numbers and statements came from. As you will note in the referenced article, That number was not adjusted for inflation, which would be over $1.5T in today's dollars.
Really, if you are trying to make a point based on untruth, you should try something easier to disprove.

http://www.davemanuel.com/history-of-deficits-and-surpluses-in-the-united-states.php

 

[Nova78]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

View attachment 20207

I hate to burst your con bubble, but the record budget deficit was W's last budget, at $1.41T. Here is the link to actual numbers. Your link goes to an article with no author, and no footnotes. Not sure where those numbers and statements came from. As you will note in the referenced article, That number was not adjusted for inflation, which would be over $1.5T in today's dollars.
Really, if you are trying to make a point based on untruth, you should try something easier to disprove.

History of Deficits and Surpluses In The United States

The only con is Obama, and What does that have to do with you licking Obamas ball sack ?

 

[Toddsterpatriot]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

View attachment 20207

I hate to burst your con bubble, but the record budget deficit was W's last budget, at $1.41T. Here is the link to actual numbers. Your link goes to an article with no author, and no footnotes. Not sure where those numbers and statements came from. As you will note in the referenced article, That number was not adjusted for inflation, which would be over $1.5T in today's dollars.
Really, if you are trying to make a point based on untruth, you should try something easier to disprove.

History of Deficits and Surpluses In The United States

but the record budget deficit was W's last budget, at $1.41T.

How can you call it Bush's budget?
Blame Bush for Obama's stimulus which was spent in fiscal 2009?
Or for the bank portion of TARP that was repaid in fiscal 2010 or 2011?
Sounds untruthful.

 

[Joe Steel]

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

Second, spending is the only way out of the mess the Republicans created. In fact, if were spending now, that is, if the stimulus hadn't already run it's course, we wouldn't be experiencing the bad GDP performance.

Spend. Spend. Spend. It's the only way out.

 

[Toddsterpatriot]

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

Second, spending is the only way out of the mess the Republicans created. In fact, if were spending now, that is, if the stimulus hadn't already run it's course, we wouldn't be experiencing the bad GDP performance.

Spend. Spend. Spend. It's the only way out.

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

And yet, all of these were in place in 2007, when the deficit was $162 billion.

 

[Joe Steel]

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

Second, spending is the only way out of the mess the Republicans created. In fact, if were spending now, that is, if the stimulus hadn't already run it's course, we wouldn't be experiencing the bad GDP performance.

Spend. Spend. Spend. It's the only way out.

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

And yet, all of these were in place in 2007, when the deficit was $162 billion.

Certainly. However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy. The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

 

[hortysir]

Booooooosh!!!!!!!

 

[Wiseacre]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

View attachment 20207

The WH predicts a lot of things, with the rosiest of assumptions. A $1.2 trillion debt this year? Gonna be more than that, easy.

A 2.6% GDP growth rate this year? Bullshit, it won't get above 2%. Half the year is already over and we're struggling at around 1.75%, right? So we'll climb back up to 2.6%? Based on what? Some think we'll be in a recession by year's end, maybe a 30-35% probability.

The UE rate will average 8%? Not a chance in hell, unless they seriously lean on the BLS over the next 6 months. Which they will undoubtedly do.


The truth is Obama spent money like it was water and it didn't work. face it: he fucked up and his economic policies of fairness failed. He does not deserve a 2nd term, simple as that.

 

[hortysir]

Administration projects $1.2T 2012 budget deficit | Political Headlines | Comcast

The White House predicts this year's federal budget deficit will end up at $1.2 trillion, marking the fourth consecutive year of trillion dollar-plus deficits during President Barack Obama's administration.

The bleak figures, while expected, are sure to add fuel to the already heated presidential campaign, in which Obama's handling of the economy and the budget is a main topic. Friday's release came as the government announced that U.S. economic growth slowed to an annual rate of just 1.5 percent in the second quarter of this year, as consumers cut back sharply on spending.

The White House budget office also predicts for this year that the economy will grow at a modest 2.6 percent annual rate and that the jobless rate will average 8 percent. It forecasts modest growth of 2.6 percent next year — down from the 3.0 percent it predicted in February — before rising to 4.0 percent in 2014. Unemployment would remain above 7 percent through the end of 2014, registering at 7.3 percent, the report predicts.

Obama keeps breaking records, what a guy ........and we continue to spend , spend , spend.......

View attachment 20207

The WH predicts a lot of things, with the rosiest of assumptions. A $1.2 trillion debt this year? Gonna be more than that, easy.

A 2.6% GDP growth rate this year? Bullshit, it won't get above 2%. Half the year is already over and we're struggling at around 1.75%, right? So we'll climb back up to 2.6%? Based on what? Some think we'll be in a recession by year's end, maybe a 30-35% probability.

The UE rate will average 8%? Not a chance in hell, unless they seriously lean on the BLS over the next 6 months. Which they will undoubtedly do.


The truth is Obama spent money like it was water and it didn't work. face it: he fucked up and his economic policies of fairness failed. He does not deserve a 2nd term, simple as that.

But, if re-elected, he wants to spend MORE.

That will definitely work

 

[Toddsterpatriot]

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

Second, spending is the only way out of the mess the Republicans created. In fact, if were spending now, that is, if the stimulus hadn't already run it's course, we wouldn't be experiencing the bad GDP performance.

Spend. Spend. Spend. It's the only way out.

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

And yet, all of these were in place in 2007, when the deficit was $162 billion.

Certainly. However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy. The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy.

Those Republican things had been in place for many years and yet the deficit had been declining since 2004.

It might be more accurate to say the full effect of the Democrat takeover of the House and Senate hadn't yet taken effect.

The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

Yes, Obama has certainly done that. Don't worry, things will improve when he leaves in January.

 

[Rshermr]

First of all, this budget deficit is the Republicans' fault. They are responsible for the Bush Tax cuts, the Bush Wars and the Bush Unfunded Medicare Part D benefit. Those are the big reasons for our deficits.

And yet, all of these were in place in 2007, when the deficit was $162 billion.

Certainly. However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy. The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy.

Those Republican things had been in place for many years and yet the deficit had been declining since 2004.

It might be more accurate to say the full effect of the Democrat takeover of the House and Senate hadn't yet taken effect.

The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

Yes, Obama has certainly done that. Don't worry, things will improve when he leaves in January.

Of course, as a con, you never have the integrity to take credit for those things that do not work. Like the Bush economy. Which was an unmitigated disaster. But, you as a true con can not admit that we ended up in the worst recession since 1929 because of repub policies.
Instead, you blame Obama for the deficit. Consider:
Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree….

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Even hapless Herbert Hoover managed to increase spending more than Obama has.

Here are the facts, according to the official government statistics:

• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.

• In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

• In fiscal 2011, spending rose 4.3% to $3.60 trillion.

• In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.

• Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook.…

There has been no huge increase in spending under the current president, despite what you hear…
Obama Lowest Spending President in Recent Memory » Jeff Wartman

Then there is the national debt, which cons continue to blame obama for, in its entirety. So, consider:
When Reagan took office, the national debt was $930B
Under Reagan, natl debt ended at $2700B $1770B increase
Under Bush1 $4170B $1470B increase
Under Clinton $5662B $1492B increase
Under Bush2 $10,700B $5,038B increase
Under Obama $15,126B $4,426B increase, As of 1/12
(from National Debt by Presidential Term - per Capita and as Percentage of GDP
Since Reagan's presidency, the national debt has increased by $14,196B. Of that
$4,918 came under Democratic presidents. So, republican presidents are responsible
for $9.2T in national debt.
So, why do the cons forget about the national debt under Republicans?? Republicans have followed the two santa clause plan since it was espoused by jude wanniski in 1976. It says, spend for what people want when republicans are in power. Then blame the dems for the deficit and espouse tax decreases and cutting spending when out of power. Deficits go up when repubs are in power but. Has been happening since Reagans term.

So, what would cons have us do?? Why, they push the con dogma. Decrease taxes. decrease spending. That will fix things, right??
Well, no. That policy has never worked. Drove the economy into the ground for Reagan, causing him to borrow to the point he tripled the national debt. then he did the rational thing. Deficit spending, which worked.

 

[hortysir]

As a percentage of GDP?????

Obama = 86.4, 95.1, and 99.7

 

[Toddsterpatriot]

Certainly. However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy. The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy.

Those Republican things had been in place for many years and yet the deficit had been declining since 2004.

It might be more accurate to say the full effect of the Democrat takeover of the House and Senate hadn't yet taken effect.

The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

Yes, Obama has certainly done that. Don't worry, things will improve when he leaves in January.

Of course, as a con, you never have the integrity to take credit for those things that do not work. Like the Bush economy. Which was an unmitigated disaster. But, you as a true con can not admit that we ended up in the worst recession since 1929 because of repub policies.
Instead, you blame Obama for the deficit. Consider:
Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree….

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Even hapless Herbert Hoover managed to increase spending more than Obama has.

Here are the facts, according to the official government statistics:

• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.

• In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

• In fiscal 2011, spending rose 4.3% to $3.60 trillion.

• In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.

• Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook.…

There has been no huge increase in spending under the current president, despite what you hear…
Obama Lowest Spending President in Recent Memory » Jeff Wartman

Then there is the national debt, which cons continue to blame obama for, in its entirety. So, consider:
When Reagan took office, the national debt was $930B
Under Reagan, natl debt ended at $2700B $1770B increase
Under Bush1 $4170B $1470B increase
Under Clinton $5662B $1492B increase
Under Bush2 $10,700B $5,038B increase
Under Obama $15,126B $4,426B increase, As of 1/12
(from National Debt by Presidential Term - per Capita and as Percentage of GDP
Since Reagan's presidency, the national debt has increased by $14,196B. Of that
$4,918 came under Democratic presidents. So, republican presidents are responsible
for $9.2T in national debt.
So, why do the cons forget about the national debt under Republicans?? Republicans have followed the two santa clause plan since it was espoused by jude wanniski in 1976. It says, spend for what people want when republicans are in power. Then blame the dems for the deficit and espouse tax decreases and cutting spending when out of power. Deficits go up when repubs are in power but. Has been happening since Reagans term.

So, what would cons have us do?? Why, they push the con dogma. Decrease taxes. decrease spending. That will fix things, right??
Well, no. That policy has never worked. Drove the economy into the ground for Reagan, causing him to borrow to the point he tripled the national debt. then he did the rational thing. Deficit spending, which worked.

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Liberal math, I love it!

In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

Why would you count Obama's stimulus and other 2009 spending on Bush?
Why would you blame spending bank TARP on Bush in fiscal 2009 and then credit Obama in fiscal 2010 when hundreds of billions of that bank TARP were repaid?
That's dishonest, so of course, as a liberal, you embrace it.

So, why do the cons forget about the national debt under Republicans??

I don't know about other conservatives, but I think Bush spent way way too much.
In 8 years, he increased the national debt by about $5 trillion.
Obama did the same in less than 3.5 years. I never thought it was possible to make Bush look like a responsible spender, but Obama has done it.

 

[Rshermr]

However, the full effect of the Republicans' devastation of the economy hadn't yet had an effect on the economy.

Those Republican things had been in place for many years and yet the deficit had been declining since 2004.

It might be more accurate to say the full effect of the Democrat takeover of the House and Senate hadn't yet taken effect.

The combination of the two, destruction of the economy and bad policies, have created deficits as far into the future as we can see.

Yes, Obama has certainly done that. Don't worry, things will improve when he leaves in January.

Of course, as a con, you never have the integrity to take credit for those things that do not work. Like the Bush economy. Which was an unmitigated disaster. But, you as a true con can not admit that we ended up in the worst recession since 1929 because of repub policies.
Instead, you blame Obama for the deficit. Consider:
Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree….

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Even hapless Herbert Hoover managed to increase spending more than Obama has.

Here are the facts, according to the official government statistics:

• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.

• In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

• In fiscal 2011, spending rose 4.3% to $3.60 trillion.

• In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.

• Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook.…

There has been no huge increase in spending under the current president, despite what you hear…
Obama Lowest Spending President in Recent Memory » Jeff Wartman

Then there is the national debt, which cons continue to blame obama for, in its entirety. So, consider:
When Reagan took office, the national debt was $930B
Under Reagan, natl debt ended at $2700B $1770B increase
Under Bush1 $4170B $1470B increase
Under Clinton $5662B $1492B increase
Under Bush2 $10,700B $5,038B increase
Under Obama $15,126B $4,426B increase, As of 1/12
(from National Debt by Presidential Term - per Capita and as Percentage of GDP
Since Reagan's presidency, the national debt has increased by $14,196B. Of that
$4,918 came under Democratic presidents. So, republican presidents are responsible
for $9.2T in national debt.
So, why do the cons forget about the national debt under Republicans?? Republicans have followed the two santa clause plan since it was espoused by jude wanniski in 1976. It says, spend for what people want when republicans are in power. Then blame the dems for the deficit and espouse tax decreases and cutting spending when out of power. Deficits go up when repubs are in power but. Has been happening since Reagans term.

So, what would cons have us do?? Why, they push the con dogma. Decrease taxes. decrease spending. That will fix things, right??
Well, no. That policy has never worked. Drove the economy into the ground for Reagan, causing him to borrow to the point he tripled the national debt. then he did the rational thing. Deficit spending, which worked.

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Liberal math, I love it!

In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

Why would you count Obama's stimulus and other 2009 spending on Bush?
Why would you blame spending bank TARP on Bush in fiscal 2009 and then credit Obama in fiscal 2010 when hundreds of billions of that bank TARP were repaid?
That's dishonest, so of course, as a liberal, you embrace it.

You say it is liberal math. Which it is not. It is simply math, based on CBO numbers. So do you have additional issues???

In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

Why would you count Obama's stimulus and other 2009 spending on Bush?
For several reasons:

1. It happened during Bush's final budget year.
2. It was a stimulus meant to offset the downturn caused by the bush policies during his presidency.
3. The spending did not occur primarily in 2009, but primarily in later years. In fact, spending was still happening this year.
4. About 1/3 of the stimulus was in tax decreased demanded by the republican congress. Per the CBO, those tax decreases had almost no impact

Why would you blame spending bank TARP on Bush in fiscal 2009 and then credit Obama in fiscal 2010 when hundreds of billions of that bank TARP were repaid?

That's dishonest, so of course, as a liberal, you embrace it.
Dishonest?? Looks to me like another con attempt to misplace economic blame. So, again, it was part of the 2009 Bush budget. And it asked for by Bush to stave off a depression created by his own policies. So, what do you want, to suggest that Bush's successor should pay for his mess??

So, why do the cons forget about the national debt under Republicans?? *

I don't know about other conservatives, but I think Bush spent way way too much.
In 8 years, he increased the national debt by about $5 trillion.
Obama did the same in less than 3.5 years. I never thought it was possible to make Bush look like a responsible spender, but Obama has done it.

So, again the con effort to dodge the problem that they created.
1.Had the biggest recession since 1929 coming out of the bush presidency.
2. Bush Created the worst unemployment situation since Reagan in 2002.
3.Then blame obama because he looses revenue on a huge scale because the unemployed do not pay taxes..
4. Then republicans refuse to allow any deficit spending. The only spending that got through was with a democratic house, and every single republican voted against it in the Senate.
5.Repubs all sign a pledge to not increase any taxes, and proceed to vote against any tax increases.
So you wonder why the Deficit has increased? Or do you? Maybe you actually do understand but simply continue to push that good old repub dogma.


And by the way, Reagan tripled the national debt. Borrowed more than all the presidents before him combined. Kinda forgot that one, eh.
And Bush 1 was on a course to beat Reagan's record, but did not have a second term to continue it.

 

[freedombecki]

http://www.usmessageboard.com/5705299-post16.html Yesterday at 8:07 PM

Last edited by Rshermr; Yesterday at 10:03 PM.

Oh, my from a concessionary speech to a blast from talking points. Nothing like the shifting sands of omission errors among some posters, and I'm not going to forget this one! What a 180-degree turnaround!

 

[Nova78]

Whole point is obama is unfit for office, he is a one man wrecking crew,he has financially destroyed this Country, and it will only get worst......

 

[freedombecki]

Whole point is obama is unfit for office, he is a one man wrecking crew,he has financially destroyed this Country, and it will only get worst......

He gets bad advice because he avoids the construct to get Congressional approval by waiting for them to go on vacation, then appointing whoever the hell he wishes, bypassing Congress. He implements his own edicts also bypassing the Congress.

Some traditions should be continued. This trampling all over the Constitution needs to see the door. Since that's not gonna happen, we need to shove His Royal Eminence back out the door. He is putting all caps on the phrase "not qualified to be president."

And you are so correct. We've now been downgraded twice due to democrats trying to run mortgage lending into the ground with freebies for Democrats that Republicans have no access to. They choose the least fair thing for the American people and call it something like "Fairness Act," which is a misnomer to conceal hidden loopholes for Democrat Congress to lather goodies on their families like the Pelosi Solyndra scam that guaranteed her relative $535 million in bad loan recovery a year after Obama made threatening calls to the Treasury to write a check right there on the spot for $535 million to those relatives and collaborators, then they jerked the rug out from under 1100 employees with pink slips with no notice whatever. I've never really felt like slugging someone before Fancy Nancy sunk her talons into the treasury at our expense ...

 

[Rshermr]

Whole point is obama is unfit for office, he is a one man wrecking crew,he has financially destroyed this Country, and it will only get worst......

Wow, how con can you get. No stats, no links, just con opinion. Just part of believing what you want to believe.
Check this out, and you will find out why you believe what you believe:
New Study Reveals That Stupidity Can Make You Conservative And Racist