OK Dems.. If per Nutting Bush responsible for 2009 DEBT..

Discussion in 'Politics' started by healthmyths, May 24, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    then Bush is responsible for the recession that ended in June 2009!

    Per Rex Nutting, MarketWatch
    WASHINGTON (MarketWatch)
    Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.

    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.


    Obama spending binge never happened - Rex Nutting - MarketWatch

    OKEY DOKEY! Bush's fault means his reckless spending ENDED the recession
    Congratulations Bush... OBAMA... you had NOTHING to do with it!!!

    However, the National Bureau of Economic Research indicated the the trough of the downturn occurred in June of 2009

    Again.. can't have it both ways Dems!!!
     
  2. SniperFire
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    SniperFire Senior Member

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    This budget was authored and passed by Pelosi-Reid-Obama.


    President Obama Signs FY 2009 Omnibus Budget Bill
    Written by Michael Wero
    Friday, 13 March 2009 14:29

    Navajo Nation Washington Office &view=article&id=66:president-obama-sign s-fy-2009-omnibus-budget-bill-&catid=35:fy20 09&Itemid=45

    'It was supposed to have been completed last fall, but Democrats opted against election-year battles with Republicans and former President George W. Bush.'


    Obama signs massive, 'imperfect' spending bill - politics - White House - msnbc.com



    'Feb 26, 2009
    OBAMA 2009 BUDGET PROJECTS DEFICIT OF $1.75 TRILLION

    President calls for fiscal responsibility and hard choices, but not yet.

    Washington, DC - President Obama’s $3.5 trillion 2009 budget will spend money today and burden taxpayers for generations. Under the Presidents proposal, spending will increase to nearly 35 percent of GDP, far from the historical norm of 20 percent, and the deficit will soar to 12.3 percent of GDP, levels not seen since the height of World War II.'

    http://www.freedomworks.org/press-releases/obama -2009-budget-projects-deficit-of-175-trillion
     
  3. healthmyths
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    healthmyths Gold Member Supporting Member

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    I agree all the way!!! But I'm pointing out the hypocrisy of the Dems!

    PLUS please would you agree with me did:
    1 ) Dot com bust occur in 2000- 2001?
    2) Did 9/11 occur?
    3) Did hurricanes worst in history occur in 2003 - 2008?

    Would you agree with the above???
     
  4. Big Fitz
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    Big Fitz User Quit *****

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    So it was Clinton's fault for W's financial problems then.

    :eusa_think:
     
  5. SniperFire
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    SniperFire Senior Member

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    Of course. America has all sorts of problems, and Republicans are far from perfect.

    But Leftists won't simply get away with lying about how Pelosi-Reid-Obama took complete control of the 2009 budget blow-out and are now trying to rewrite history to pin it on Bush.
     
  6. The T
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    The T George S. Patton Party Supporting Member

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    Been thier plan all along...also to nail Republicans.

    Republicans have been given a golden oppritunity here...will they blow it?
     
  7. The T
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    The T George S. Patton Party Supporting Member

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    Hell? Why not the pop of the dotcom bubble heaped on?
     
  8. bitterlyclingin
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    bitterlyclingin Silver Member

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    Yeah, like George Bush was responsible for the $130,000 that went to Omaha City for pamphlets telling the little shool kiddies that "White culture was evil and reprehensible, and that if you knew someone that still clung to white culture's values you were to report them to the authorities." I can just imagine somebody in the Bush Administration responsible for that. Or for Solyndra, Beacon Power, Light Squared, Fisker etc..
    The people of the United States are not Meshuganeh.
     
  9. healthmyths
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    healthmyths Gold Member Supporting Member

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    Now obviously those 3 events occurred..BUT where both Dems and conservatives does ANYONE recognize that over $9 trillion in REAL property, market, business losses are being used against taxable income?

    IRS allows 30 years to write off losses. This means for the next 30 years after 2002 when dot com bust losses of $5 trillion occurred, PLUS $2 trillion 9/11 occurred ..remember airlines didn't fly for 3 days and wall street was closed 10 days! Then from 2003 to 2008 worst hurricanes seasons occurred passing on over $1 trillion in losses!
    So every year for next 30 years over $300 billion a year will NOT be paid in taxes!
    Starting in 2002 the IRS did not collect at least $266 billion a year!
    Anyone add that up in the "drunken sailor spending" of Bush???
    Plus over $600 billion in unplanned expenses.. i.e. Homeland Security! New agency needed by the country i.e. 90% of people fearful of another attack!
    Remember the Anthrax attacks???
     

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