President Obama Has Outspent Last Five Presidents

[Sallow]

The Myth Goes On (Sung to the tune of "The Beat Goes On")

The Myth goes on, the Myth goes on
Drums keep pounding a rhythm to the brain
La de da de de, la de da de da

Dubya was once the rage, uh huh
His spending was on a different page, uh huh
The Tea baggers are engaged in the blaming thing, uh huh
Their upset that Bush is not the king, uh huh

Chorus

Bush thought military spending was like buying beer on credit in the super mart, uh huh
He left the wars to Obama to break their hearts, uh huh
And men still keep on marching off to war
Republican think its like a baseball score

Chorus

Grandmas sit in chairs and reminisce
Boys keep chasing girls to get a kiss
The cars keep going faster all the time
Tea Baggers still cry "hey buddy, have you got a dime"

 

[Cammmpbell]

Someone in another thread was repeating the old line that Reagan's deficit spending could be blamed on Tip O'Neill.

Using that reasoning, should we not be blaming 2011 and 2012 on John Boehner?

What they don't want us to know is that seven out of eight budgets submitted by Reagan received approval for less than he requested. Only once did the congress approve everything he asked for.

 

[Erand7899]

The 2009 fiscal year, which Republicans count as part of Obama’s legacy, began four months before Obama moved into the White House. The major spending decisions in the 2009 fiscal year were made by George W. Bush and the previous Congress.

Another lie: Bush only signed three of the fiscal year 2009 spending bills. He threatened to veto the rest. Those bills were signed into law by Obama and a Democrat congress in the first three months of 2009.

The left wing attempts to portray Obama in a favorable light by pretending that 2009 never happened. That is the year when the Obama administration and a Democrat congress jacked spending through the roof, and has kept it there ever since. Smoke and mirrors, the Democrat method of governing.

 

[Dick Tuck]

what, can't be
links and chart with article at site..
By Elizabeth Flock
June 1, 2012 RSS Feed Print



President Obama has shelled out more in federal spending than the five presidents that came before him.

A new chart by the Comeback America Initiative (CAI), a non-partisan group dedicated to promoting fiscal responsibility by policymakers, shows federal spending by president as a percentage of GDP, and it doesn't reflect well on Obama.

"There has been a dramatic increase in spending under the Obama administration," David Walker, Founder and CEO of CAI, told Whispers. "Most of it is attributable to year one of his presidency and the stimulus... but President Obama has continued to take spending to a new level."

Federal spending was close to 20 percent under the Carter administration, dropped to 18 percent under Clinton, and is currently at an incredible 24 percent of GDP. According to the Congressional Budget Office, federal spending may hover around 22 percent for the next decade.

Federal spending is also higher this year than any year since 1949. The last time spending was higher—in 1946, it was 24.8—the country was just coming down from the exorbitant rates of spending during World War II.

all of it here with comments.

President Obama Has Outspent Last Five Presidents - Washington Whispers (usnews.com)

A lie of omission is a lie. Failing to account the free fall of GDP, due to the Bush financial collapse, is a lie of omission. How far did GDP fall due to the Bush recession?

 

[Cammmpbell]

The 2009 fiscal year, which Republicans count as part of Obama’s legacy, began four months before Obama moved into the White House. The major spending decisions in the 2009 fiscal year were made by George W. Bush and the previous Congress.

Another lie: Bush only signed three of the fiscal year 2009 spending bills. He threatened to veto the rest. Those bills were signed into law by Obama and a Democrat congress in the first three months of 2009.

The left wing attempts to portray Obama in a favorable light by pretending that 2009 never happened. That is the year when the Obama administration and a Democrat congress jacked spending through the roof, and has kept it there ever since. Smoke and mirrors, the Democrat method of governing.

The whole deal will become academic when the numbers are counted in November. We're going to kick your wingnut asses.

 

[candycorn]

Obama spending binge never happened - MarketWatch

Oops.

you really don't care if you're honest, do you?

When you start caring about your honesty (remember, you're on record as being a birther as of last month), maybe he will too.

 

[Stephanie]

Obama spending binge never happened - MarketWatch

Oops.

you really don't care if you're honest, do you?

When you start caring about your honesty (remember, you're on record as being a birther as of last month), maybe he will too.

this again, yawn boring dumb stupid..
see ya

 

[Neotrotsky]

Everyone knows that Papa Obama is thrifty

 

[AmericanFirst]

Obama spending binge never happened - MarketWatch

Oops.

you really don't care if you're honest, do you?

When you start caring about your honesty (remember, you're on record as being a birther as of last month), maybe he will too.

If believing that obamaturd is not a born American citizen, then I am a birther also. Just because idiots call those who believe that names doesn't mean it is not true. Obamaturd hasn't proven otherwise yet, and he is scared to.

 

[AmericanFirst]

honesty stephanie???

From your link:

Update, 5:19 p.m.:

Some readers have pointed out that although obama passed the stimulus plan, federal spending under his administration has risen at a very slow pace -- the slowest pace, in fact, "since dwight eisenhower brought the korean war to an end in the 1950's," marketwatch reported last month.

obama spending binge never happened

commentary: Government outlays rising at slowest pace since 1950s

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.

Over obama’s four budget years, federal spending is on track to rise from $3.52 trillion to $3.58 trillion, an annualized increase of just 0.4%.

There has been no huge increase in spending under the current president, despite what you hear.

Why do people think obama has spent like a drunken sailor? It’s in part because of a fundamental misunderstanding of the federal budget.

What people forget (or never knew) is that the first year of every presidential term starts with a budget approved by the previous administration and congress. The president only begins to shape the budget in his second year. It takes time to develop a budget and steer it through congress — especially in these days of congressional gridlock.

the 2009 fiscal year, which republicans count as part of obama’s legacy, began four months before obama moved into the white house. The major spending decisions in the 2009 fiscal year were made by george w. Bush and the previous congress.

like a relief pitcher who comes into the game with the bases loaded, obama came in with a budget in place that called for spending to increase by hundreds of billions of dollars in response to the worst economic and financial calamity in generations.

and?

Don't worry.....they don't have an answer. The facts are that about 20% of Obama's annual budgets went to pay the interest on the Reagan-Bushes debt:

Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

ou wouldn't know a fact is it bit you on your fat a^%.

 

[AmericanFirst]

Obama spending binge never happened - MarketWatch

Oops.

Don't expect rw's to care about facts. We're seeing this a lot right now and well see a hell f a lot more in coming months because the R can't win without lies.

It is the left that can't win without lies. And those so called facts in the original post are lies, as usual.

 

[The Infidel]

Obama spending binge never happened - MarketWatch

Oops.

Don't expect rw's to care about facts. We're seeing this a lot right now and well see a hell f a lot more in coming months because the R can't win without lies.

This debunked graph has already been discussed in NUMEROUS other threads... keep up children.

 

[elvis]

Oops.

Yes you are an oops.

 

[NYcarbineer]

[
Adjusted for inflation, Bush spent 19.2 trillion during his presidency.

What is Obama's number? Want to guess?

Time's up. About 11 trillion,

so no, Obama has not outspent Bush.

jeezus

 

[Sallow]

Obama spending binge never happened - MarketWatch

Oops.

Don't expect rw's to care about facts. We're seeing this a lot right now and well see a hell f a lot more in coming months because the R can't win without lies.

This debunked graph has already been discussed in NUMEROUS other threads... keep up children.

Except it hasn't been debunked.

A. Most of the "spending" was the result unpaid expenses ran up during the Bush administration ( 2 wars, Homeland Security, Medicare Drug Benefit, 2 Tax cuts, No Child Left Behind, Missile Defense, TARP, GM Bailout ).

B. The stimulus came in the form of tax cuts and direct payment to states..who used the money to plug holes made by tax cuts put through by Republicans.

C. Spending from 2009 - 2011 has remained flat..unlike what happened from 2001 - 2008.

 

[rdean]

Costs money to avert the SECOND Pub WORLD GREAT DEPRESSION, and help 10million unemployed....great job pubbies- and thanks for paralyzing gov't since 2/2010....Pub dupes!!

People today have no clue about hard times. Hoover and the bankers put the entire nation in despair in the late 1920's and early 1930's. There were no social security benefits, no pensions, no unions with any clout, no time off from a job for any reason. People went door to door begging until the second world war started. Before social security people who were crippled or poor ended up in county poor farms where they were left to fend for themselves. This nation is covered with unmarked graves from those old "Poorhouses" and the Republicans would love to take us back to those times. Their idea of cutting costs is by taking a couple of hundred billions away from the benefits of the poor and continuing to turn over a trillion to big contractors who are funded through the defense budget. Oh well....General Dynamics and Halliburton have to eat too.

Looks like a description of what Republican consider "paradise".

They have convinced themselves this is the definition of "freedom" and ending these terrible situations is "socialism". American helping American is a "no no" to the Republicans. How they have fallen so low I simply don't understand. They will call you a liar for pointing this out, but when you ask them why it's a lie, they run off.

 

[rdean]

Costs money to avert the SECOND Pub WORLD GREAT DEPRESSION, and help 10million unemployed....great job pubbies- and thanks for paralyzing gov't since 2/2010....Pub dupes!!

People today have no clue about hard times. Hoover and the bankers put the entire nation in despair in the late 1920's and early 1930's. There were no social security benefits, no pensions, no time off from a job for any reason. People who were crippled or poor ended up in county poor farms where they were left to fend for themselves. This nation is covered with unmarked graves from those old "Poorhouses" and the Republicans would love to take us back to those times. Their idea of cutting costs is by taking a couple of hundred billions away from the benefits of the poor and continuing to turn over a trillion to big contractors who are funded through the defense budget. Oh well....General Dynamics and Halliburton have to eat too.

good grief..
when you have more poor than taxpayers, than what are you bleeding hearts going to do?
wish you had a magic money tree?
OUR defense is the most IMPORATNAT responsibility of this bloated ass government

So what do we do? Kill them or let the starve? We can't give them birth control because that would be "immoral". Helping people is "socialism" so we can't do that. So what's left? I mean besides cutting education, school lunches, daycare and health care. I know, let's cut food stamps, that'll teach 'em.

 

[skookerasbil]

Holy shit.........the k00ks will say anything.........post up any gay graphs to try and distract.

Ummm...........this is a POLITICS forum s0ns...........so what matters is the perception and you know what they say..........reality is 95% perception.

Guys like RDean spend about 16 hours a day falling all over himself trying to post up this destraction shit. But come November, it wont make a damn bit of a difference.

These people are going to be the most miserable mofu's come November.........and I'll be in here laughing my balls off at them. And they'll still be saying they are winnning!!!

 

[HomeInspect]

The 2009 fiscal year, which Republicans count as part of Obama’s legacy, began four months before Obama moved into the White House. The major spending decisions in the 2009 fiscal year were made by George W. Bush and the previous Congress.

Another lie: Bush only signed three of the fiscal year 2009 spending bills. He threatened to veto the rest. Those bills were signed into law by Obama and a Democrat congress in the first three months of 2009.

The left wing attempts to portray Obama in a favorable light by pretending that 2009 never happened. That is the year when the Obama administration and a Democrat congress jacked spending through the roof, and has kept it there ever since. Smoke and mirrors, the Democrat method of governing.

The whole deal will become academic when the numbers are counted in November. We're going to kick your wingnut asses.

There are enough mindless Libs along with the mindless media, to make it close... but wingnuts aren't thrilled with Romney. He is anything but a conservative. Like most elections, one has to pick the better of two evils. And you don't get much more evil than the current mistake in the white house.

 

[rdean]

The 2009 fiscal year, which Republicans count as part of Obama’s legacy, began four months before Obama moved into the White House. The major spending decisions in the 2009 fiscal year were made by George W. Bush and the previous Congress.

Another lie: Bush only signed three of the fiscal year 2009 spending bills. He threatened to veto the rest. Those bills were signed into law by Obama and a Democrat congress in the first three months of 2009.

The left wing attempts to portray Obama in a favorable light by pretending that 2009 never happened. That is the year when the Obama administration and a Democrat congress jacked spending through the roof, and has kept it there ever since. Smoke and mirrors, the Democrat method of governing.

The whole deal will become academic when the numbers are counted in November. We're going to kick your wingnut asses.

There are enough mindless Libs along with the mindless media, to make it close... but wingnuts aren't thrilled with Romney. He is anything but a conservative. Like most elections, one has to pick the better of two evils. And you don't get much more evil than the current mistake in the white house.

Obama has been a really good president. Right wingers are simply too fucking stupid and racist to see it. If he hadn't pulled the bacon out of the fire, we would be in a deep depression.
Mitt and the Republicans will take us back to Bush policies. How do we know? They told us. How did it work out the first time? Uh, not so good. Think it will work a second time? There is a very good chance we'll find out.