President Obama Sees First Budget Surplus Of Presidency

[You are absolutely correct. It does take more tax revenue to balance a budget, but less spending is also necessary as well. A little news out of the ideal Obama model state of the Northeast, Maine, where 51 % of the state's residents are on the dole, while the other 49% labor mightily to support them and themselves. Once you find your way onto the dole, you don't vote yourself off. See Greece and France where the electorate on the dole, because there are more of them, found it more comfortable to steal the means to sustain their dole from the rich, who are always outnumbered. Why do you think after meeting with Obama re the BP oil spill, James Cameron renounced his US citizenship and fled to New Zealand in the same manner the Jews fled Germany after Hitler came to power?]

"Maine GOP Governor Tells Unemployed: “Get Off The Couch And Get Yourself A Job!”…

Via Fox Nation:

“Maine’s welfare program is cannibalizing the rest of state government. To all you able-bodied people out there get off the couch and get yourself a job. I understand welfare because I lived it,” he added. “I understand the difference between a want and a need. The Republican Party promised to bring welfare change."

Weasel Zippers » Blog Archive » Maine GOP Governor Tells Unemployed: “Get Off The Couch And Get Yourself A Job!”…
 
No demand equals less jobs, because with a low demand there will not be lots of jobs for people to fill to produce the product, so why tell people to gte a job whne most are looking at a time when demand is low? Retarded facking Repugs!
 
Total%20Debt%20April.jpg


So, one month of deficit spend reduction during tax season and suddenly their is a surplus? No. First, there has to be a budget in order to have a budget surplus. Temporal adjustments to certain payments a surplus does not make. You also can not call surplus while adding 100 billion dollars tot he debt.

Read the damn article dumbass, it never said the whole country was out of debt, the country has been in debt for decades and you want Obama to fix everyone else's shat?

I did. Then i read zero hedge which in detail, describes how this supposed "budget surplus" happened. Being horrible at math is no excuse. If you add 110 billion dollars to the debt in the same month you claim budget surplus without a budget, you only mitigated a portion of deficit spending. That is not a surplus. Only in the minds of LOLberal, economically inept baffoons can such an oximoron occur.
 
Total%20Debt%20April.jpg


So, one month of deficit spend reduction during tax season and suddenly their is a surplus? No. First, there has to be a budget in order to have a budget surplus. Temporal adjustments to certain payments a surplus does not make. You also can not call surplus while adding 100 billion dollars tot he debt.

Read the damn article dumbass, it never said the whole country was out of debt, the country has been in debt for decades and you want Obama to fix everyone else's shat?

I did. Then i read zero hedge which in detail, describes how this supposed "budget surplus" happened. Being horrible at math is no excuse. If you add 110 billion dollars to the debt in the same month you claim budget surplus without a budget, you only mitigated a portion of deficit spending. That is not a surplus. Only in the minds of LOLberal, economically inept baffoons can such an oximoron occur.

So the CBO is liberal? You facking rightwingers always come up with some lame ass partisan excuse about liberal thinking and ignore your own facked up thinking or don't think at all.
 
Total%20Debt%20April.jpg


So, one month of deficit spend reduction during tax season and suddenly their is a surplus? No. First, there has to be a budget in order to have a budget surplus. Temporal adjustments to certain payments a surplus does not make. You also can not call surplus while adding 100 billion dollars tot he debt.

Read the damn article dumbass, it never said the whole country was out of debt, the country has been in debt for decades and you want Obama to fix everyone else's shat?
The Obama has run up more debt than any other President.
It'd be nice if he'd just fix His shat.
 
Total%20Debt%20April.jpg


So, one month of deficit spend reduction during tax season and suddenly their is a surplus? No. First, there has to be a budget in order to have a budget surplus. Temporal adjustments to certain payments a surplus does not make. You also can not call surplus while adding 100 billion dollars tot he debt.

Read the damn article dumbass, it never said the whole country was out of debt, the country has been in debt for decades and you want Obama to fix everyone else's shat?
The Obama has run up more debt than any other President.
It'd be nice if he'd just fix His shat.

That's a facking lie, steal eating out of rightwing garbage cans?
 
Read the damn article dumbass, it never said the whole country was out of debt, the country has been in debt for decades and you want Obama to fix everyone else's shat?
The Obama has run up more debt than any other President.
It'd be nice if he'd just fix His shat.

That's a facking lie, steal eating out of rightwing garbage cans?

CBO is lying about the debt now?

Really?
 
So, will we see another surplus come the end of May when payments for the expenditures temporal adjustments made in April come due? The answer is no. This is simply the result of moving items and payments around to make it appear as though more inflow occurred than outflow. Even still, and again, there can not be a budget surplus without a budget. One must have a guideline on spending and revenue in order to claim budget surplus.

This is what we call "cooking the books". Next month we go right back to deficit spending.

Congrats to the Obama Admin. for the book cook to make one month of deficit spending nullified. Next month we will reap the "benefits" of this political pander.
 
Total Debt Outstanding 1/20/09 was 10.6T
Total Debt Outstanding 4/30/12 was 15.7T

Obama Debt = 5.1T
 
Less workers means less are paying taxes. Raising taxes forces employee cut-backs. Higher taxes means less money in consumer's pockets which decreases demand.

Obama is causing the debt to increase, not decrease, and you cannot figure a deficit or a surplus unless you first find out how much you're spending over or under budget.
 
from your link...
As the CBO admits: "This April, the Treasury realized a surplus of $58 billion, CBO estimates, in contrast with the $40 billion deficit reported for the same month last year. The results in both years were influenced by timing shifts of certain payments; adjusted for those shifts, the surplus in April 2012 would have been $27 billion, compared with a deficit of $13 billion in April 2011.... The federal government incurred a budget deficit of $721 billion in the first seven months of fiscal year 2012, $149 billion less than the shortfall reported during the same period last year. Without shifts in the timing of certain payments, however, the deficit so far this year would have been only $92 billion smaller." In other words, without various temporal adjustments, the April surplus of $58 billion would have been completely netted out by the cumulative $57 billion in deficit time shifts. However, in an election year, every beneficial item such as this is an extended talking point as the president will gladly take the praise for a number which is indicative of anything but the underlying US financial "health." After all, others can bother with the explanations.


we are still in the shitter.
 
How does an ass clown that hasn't signed a budget into law in the last 3 years have a budget surplus? Sounds like typical Democratic horse shit to me.

It's easy to have a surplus without a budget. But the idiot left don't think, they just read and accept what is written.
 
How is this even good news for Libs when they insist that Government deficits stimulate the economy?
 
More Obama Administration propaganda.

Obama's honest campaign slogan:

"We can't dazzle 'em with brilliance, but can we baffle 'em with bullshit?...YES WE CAN!"
 
So the GOP that blocked every spending bill they could finally made Obama look good.

Nice job guys. Had you let Obama have his way this joke of a milestone would never have happened.
 

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