Obama claims he is NOT a big spender???

Discussion in 'Politics' started by clevergirl, May 25, 2012.

  1. clevergirl
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    clevergirl Gold Member

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    How can this president think this new whopper will be believed? Well, just read some of his defenders on this very board! BTW in case you don't read the entire artricle or check out the embedded links- at least check this one "Federal Budget In Pictures" out. There are like 6 charts- just hit "next chart" to go through each of them.


    There are some things that are so apparent that they’re not even worth mentioning. What goes up must come down. The earth is round. President Barack Obama is a big spender. But this week, some in the media and in the White House are denying one of these totally obvious truths. It shouldn’t be a big surprise which one it is.

    On Tuesday, MarketWatch’s Rex Nutting wrote that claims of Obama’s big spending ways are overblown and that the “Obama spending binge never happened.” In a press gaggle on Wednesday, White House spokesman Jay Carney picked up on the argument and claimed that “this President has been–has demonstrated significant fiscal restraint and acted with great fiscal responsibility.”

    But sure as the sun rises in the east, not in the west, claims of Obama’s supposed “fiscal restraint” are just plain wrong. Heritage’s J.D. Foster explains:

    Federal spending as a share of the economy will average over 24 percent during Obama’s term, and each and every year of that term will see a higher share than during any year since the Second World War. That apparently qualifies as ‘significant fiscal restraint’ Obama-style.

    Fiscal responsibility? Obama has had by far the largest budget deficits, driven in large part by the eruption in spending.

    Heritage’s Alison Fraser and Emily Goff thoroughly dismantle of the Nutting-Carney claim and point out that President Obama’s near-trillion-dollar stimulus “drove spending to a record 25.2 percent of the economy in 2009 and deficits topped $1 trillion for the first time in the nation’s history.”

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  2. Truthmatters
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    Truthmatters BANNED

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    [ame=http://www.youtube.com/watch?v=T6bmEv2-rFA]President Bush's speech on the financial crisis 9/24/08 (1) - YouTube[/ame]
     
  3. nodoginnafight
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    nodoginnafight No Party Affiliation

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    Don't try to inerject truth.
    The radical right would much preffer we just assume their delusions are truth and move on.
     
  4. nodoginnafight
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    nodoginnafight No Party Affiliation

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    New Spending - Bush $5.07 Trillion
    Obama - $1.44 Trillion (includes estimates through 2017)
     
  5. Truthmatters
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    Truthmatters BANNED

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    hey that unfair your using facts
     
  6. healthmyths
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    healthmyths Gold Member Supporting Member

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    Did the $5 trillion in Dot.com bust happen or not.
    Did 9/11 happen at a cost of $2 trillion?
    Did worst hurricane seasons happen 2003-2008?

    Obviously it did!
    But almost NO ONE seems to recognize that the $8 trillion in losses means the US treasury
    is NOT collecting $300 billion in tax revenue!
    These are FACTS...
    Yet idiots blame Bush for events he HAD no control over!
    Blame Bush for spending like a Drunken sailor .. WITH NO FACTS to substantiate that!

    BUT Obama??? WE know as a Senator he approved the spending! Approved Tarp.
    So if he says it's all Bush's fault... THEN how can Obama take CREDIT if any for the recovery that he
    says was Bush's spending???
     
  7. DiamondDave
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    DiamondDave Army Vet

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    Completely debunked in numerous threads...
     
  8. Sokar
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    Sokar Yippiekiyay, mother****er

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    But... he typed it! It must be true!
     
  9. Katzndogz
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    Katzndogz Diamond Member

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    Democrats believe that if obama says it, it's true. Most people aren't that gullible. They know better.
     
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  10. Sokar
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    Sokar Yippiekiyay, mother****er

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    I don't believe jack shit any politician says. If one told me the sky was blue, I would start looking for conformation.

    This is why I would make a poor Democrat.
     
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