Obama: Debt Man Walking?

[The T]

2011 was a disastrous year for our debt. Yes, the Republican Congress prevented Obama from passing his budget, which would have added $1.6 trillion in new deficit spending. Instead, they passed a budget that added an additional $1.3 trillion to the national debt. Overall, federal outlays in FY 2011 (which ended September 30) were $141 billion more than the previous year. For FY 2012, thanks to the disastrous omnibus bill, we are on pace to spend at least an additional $55 billion, including $10 billion more in discretionary spending. With welfare programs skyrocketing out of control, and as unemployment continues to remain abnormally high, those mandatory spending estimates will ineluctably be revised upwad.

This president is so pathetic that after just three years in office he has accrued $4.5 trillion in debt, worth 30% of our current GDP. That’s more debt than Bush’s compassionate conservatism left us with after eight years in office.

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SOURCE

There is no room for any Statist to talk. Going al lthe way back to Reagan...and before.

Obama is the KING of debt. And wants more. We will not survive it.

Heritage SITE​

 

[EdwardBaiamonte]

2011 was a disastrous year for our debt.

yes BO's debt will be more than all other American Presidents combined

 

[The T]

2011 was a disastrous year for our debt.

yes BO's debt will be more than all other American Presidents combined

This is true...from the Founding of the Country to present.

 

[Zoom-boing]

2011 was a disastrous year for our debt. Yes, the Republican Congress prevented Obama from passing his budget, which would have added $1.6 trillion in new deficit spending. Instead, they passed a budget that added an additional $1.3 trillion to the national debt. Overall, federal outlays in FY 2011 (which ended September 30) were $141 billion more than the previous year. For FY 2012, thanks to the disastrous omnibus bill, we are on pace to spend at least an additional $55 billion, including $10 billion more in discretionary spending. With welfare programs skyrocketing out of control, and as unemployment continues to remain abnormally high, those mandatory spending estimates will ineluctably be revised upwad.

This president is so pathetic that after just three years in office he has accrued $4.5 trillion in debt, worth 30% of our current GDP. That’s more debt than Bush’s compassionate conservatism left us with after eight years in office.

​

SOURCE

There is no room for any Statist to talk. Going al lthe way back to Reagan...and before.

Obama is the KING of debt. And wants more. We will not survive it.

Heritage SITE​

That's the plan.

 

[CrusaderFrank]

And he says he needs one more term to "Finish the job"

Doesn't that sound a lot like Hannibal Lecter saying he'd like to "make you something for dinner"?

 

[AquaAthena]

And he says he needs one more term to "Finish the job"

Doesn't that sound a lot like Hannibal Lecter saying he'd like to "make you something for dinner"?

Great equation...lol.