President Obama: The Biggest Government Spender In World History

[Peach]

As history proceeds, the next President will spend more than the last; the cost of Bush's war alone is at least 1.3 TRILLION; medical care, death benefits, and retirement will add to that. The most expensive campaign commercial ever devised; and the money spent isn't the tragedy. The health care act has cost little THUS far, but will run up a huge expense soon. The two wars, and tax cut money that went straight out of the US has drained us TODAY.

 

[Quantum Windbag]

As history proceeds, the next President will spend more than the last; the cost of Bush's war alone is at least 1.3 TRILLION; medical care, death benefits, and retirement will add to that. The most expensive campaign commercial ever devised; and the money spent isn't the tragedy. The health care act has cost little THUS far, but will run up a huge expense soon. The two wars, and tax cut money that went straight out of the US has drained us TODAY.

History tells me that is not always true.

 

[francoHFW]

"The first TWO YEARS of the kenyan's REIGN, he had FULL CONTROL of BOTH HOUSES with DEM MAJORITIES."

More LYING Pubcrappe YOU believe: Obama had supermajority for less than 6 monthsin his first 2 years. ONLY Pubcrappe says ACA will cost a lot. The CBO doesn't count possible savings, Romneycare saved 15% immediately, now has lowest cost growth by far of any state 2%...and ACA is better....

 

[Cammmpbell]

good op/ed piece on Obama's spending. Here are some highlights, but much more in the piece.

President Obama: The Biggest Government Spender In World History - Forbes

The analysis by Internet commentator Rex Nutting on which Obama based his claim begins by telling us “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.” Not exactly.

The previous administration, or President, proposes a budget. The previous Congress approves a budget. And what Congress approves can be radically different from what the President proposes.

But for fiscal year 2009, President Bush in February, 2008 proposed a budget with just a 3% spending increase over the prior year. Fiscal year 2009 ran from October 1, 2008 until September 30, 2009. President Obama’s term began on January 20, 2009.

Recall, however, that in 2008 Congress was controlled by Democrat majorities, with Nancy Pelosi as Speaker of the House, and the restless Senator Obama already running for President, just four years removed from his glorious career as a state Senator in the Illinois legislature. As Hans Bader reported on May 26 for the Washington Examiner, the budget approved and implemented by Pelosi, Obama and the rest of the Congressional Democrat majorities provided for a 17.9 percent increase in spending for fiscal 2009!

After just one year of the Obama spending binge, federal spending had already rocketed to 25.2% of GDP, the highest in American history except for World War II. That compares to 20.8% in 2008, and an average of 19.6% during Bush’s two terms.

President Obama’s own 2013 budget shows that as a result federal debt held by the public will double during Obama’s four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined.

This doesn't even include the effect of the annual interest of nearly half a trillion dollars which must be paid on the Reagan'Bush debts:

 

[nitroz]

So Congress that okays the budget and allocates funds for such are the reason that Obama spends monies. So what you are saying that obama is the Congress?

OMG, THANK YOU!

I can't believe the ignorance on this forum who blames Obama for what Congress approves and funds!



+rep for you.

 

[nitroz]

.

President Obama’s own 2013 budget shows that as a result federal debt held by the public will double during Obama’s four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined.

Total public debt was 10.9 trillion as of 1/20/2009.

It is currently 15.7 trillion.

You're claiming that in the next 7 months we will add 6.1 trillion to the debt????

Congress is the one who approves the funding to happen and enacts the financial plan.

 

[Dick Tuck]

Perhaps the Republican congress will grow a spine and do away with Social Security and Medicare and Food Stamps and Medicaide. Obama hasn't really done much to effect the discretionary budget.

 

[Rozman]

This link is bullshit, the country was mired in two wars plus a recession, the cure is less spending?

Works for me....
We tried the other way with a Stimulus that was a slush fund
to pay back union workers who voted for The Obama...

When do we ever get to the point where we stop spending money we don't have.
Aren't we in debt enough?
Do you have any idea what the interest payments are like on money we owe now...
And the Libs answer as always is we need to spend more.

 

[Stephanie]

Remember folks, nothing is the fault of Obama, they will tell you it's Congress's fault

But everything was the fault of President Bush, I guess we didn't have a Congress then.

 

[Dick Tuck]

Remember folks, nothing is the fault of Obama, they will tell you it's Congress's fault

But everything was the fault of President Bush, I guess we didn't have a Congress then.

Since discretionary spending has been going down, doesn't it take an act of congress to overturn non-discretionary spending? Did you ever take high school civics?

 

[Stephanie]

Remember folks, nothing is the fault of Obama, they will tell you it's Congress's fault

But everything was the fault of President Bush, I guess we didn't have a Congress then.

Since discretionary spending has been going down, doesn't it take an act of congress to overturn non-discretionary spending? Did you ever take high school civics?

lol, everything was the FAULT of Booooooooooooooooooooooooooosh, don't forget

 

[Rozman]

Remember folks, nothing is the fault of Obama, they will tell you it's Congress's fault

But everything was the fault of President Bush, I guess we didn't have a Congress then.

Was listening to a Lib radio host recently.
He stated flat out that Obama has not increased our countries debt
by so much as a dime.

the caller was saying that Obama has increased our debt in three + years
more then any President before him.

Thom Hartman responded that was not true.Obama hadn't increased our debt at all.

Where have these Libs been the last few years.

 

[Dick Tuck]

Remember folks, nothing is the fault of Obama, they will tell you it's Congress's fault

But everything was the fault of President Bush, I guess we didn't have a Congress then.

Since discretionary spending has been going down, doesn't it take an act of congress to overturn non-discretionary spending? Did you ever take high school civics?

lol, everything was the FAULT of Booooooooooooooooooooooooooosh, don't forget

So you don't know shit about civics, and what the responsibility of congress is regarding cuts in non-discretionary spending. If I were a moron, like you, I'd try to learn more before making idiotic posts.

 

[Bfgrn]

good op/ed piece on Obama's spending. Here are some highlights, but much more in the piece.

President Obama: The Biggest Government Spender In World History - Forbes

The analysis by Internet commentator Rex Nutting on which Obama based his claim begins by telling us “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.” Not exactly.

The previous administration, or President, proposes a budget. The previous Congress approves a budget. And what Congress approves can be radically different from what the President proposes.

But for fiscal year 2009, President Bush in February, 2008 proposed a budget with just a 3% spending increase over the prior year. Fiscal year 2009 ran from October 1, 2008 until September 30, 2009. President Obama’s term began on January 20, 2009.

Recall, however, that in 2008 Congress was controlled by Democrat majorities, with Nancy Pelosi as Speaker of the House, and the restless Senator Obama already running for President, just four years removed from his glorious career as a state Senator in the Illinois legislature. As Hans Bader reported on May 26 for the Washington Examiner, the budget approved and implemented by Pelosi, Obama and the rest of the Congressional Democrat majorities provided for a 17.9 percent increase in spending for fiscal 2009!

After just one year of the Obama spending binge, federal spending had already rocketed to 25.2% of GDP, the highest in American history except for World War II. That compares to 20.8% in 2008, and an average of 19.6% during Bush’s two terms.

President Obama’s own 2013 budget shows that as a result federal debt held by the public will double during Obama’s four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined.

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.

 

[Stephanie]

Since discretionary spending has been going down, doesn't it take an act of congress to overturn non-discretionary spending? Did you ever take high school civics?

lol, everything was the FAULT of Booooooooooooooooooooooooooosh, don't forget

So you don't know shit about civics, and what the responsibility of congress is regarding cuts in non-discretionary spending. If I were a moron, like you, I'd try to learn more before making idiotic posts.

lol
Obama didn't spend a dime, don't forget

 

[Rozman]

Do Libs have a short memory or are they as stupid as this.
When Bush was President with a Dem congress it was all Bush's fault.

Obama as President will not be held accountable for our situation
by anyone in the Lib media.
You would think at some point Libs would realize that Obama
is the President and all this is happening on his watch.

 

[Bfgrn]

lol, everything was the FAULT of Booooooooooooooooooooooooooosh, don't forget

So you don't know shit about civics, and what the responsibility of congress is regarding cuts in non-discretionary spending. If I were a moron, like you, I'd try to learn more before making idiotic posts.

lol
Obama didn't spend a dime, don't forget

 

[NYcarbineer]

Again, the thread is based on a lie.

Since the public debt was 10.9 trillion as of January 2009, then 10.9+ trillion would have to be added to the debt under Obama's presidency in order to add more to it than all other presidencies combined. That would be over 2.7 trillion a year for 4 years.

Is that happening???????

 

[Cammmpbell]

Do Libs have a short memory or are they as stupid as this.
When Bush was President with a Dem congress it was all Bush's fault.

Obama as President will not be held accountable for our situation
by anyone in the Lib media.
You would think at some point Libs would realize that Obama
is the President and all this is happening on his watch.

The Republicans had a majority in the congress from Jan. 1995 till Jan 2007. What is your problem...are you naive or just don't pay attention:

 

[Dick Tuck]

lol, everything was the FAULT of Booooooooooooooooooooooooooosh, don't forget

So you don't know shit about civics, and what the responsibility of congress is regarding cuts in non-discretionary spending. If I were a moron, like you, I'd try to learn more before making idiotic posts.

lol
Obama didn't spend a dime, don't forget

I never said that. But you're the punk who wants to lay non-discretionary spending on him, when even a high school civics "C" student knows that it would take an act of congress. You really are dumber than a doorknob.