The Debt / Deficit: it is all bush's fault....................

Discussion in 'Politics' started by manu1959, Nov 12, 2010.

  1. manu1959
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    manu1959 Left Coast Isolationist

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    sent to me in an e-mail.....

    The Washington Post babbled again today about Obama inheriting a huge deficit from Bush. Amazingly enough, a lot of people swallow this nonsense.
    So once more, a short civics lesson.

    Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party.

    Furthermore, the Democrats controlled the budget process for FY 2008 and FY 2009 as well as FY 2010 and FY 2011.

    In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

    For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.

    And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009.

    If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

    If Obama inherited anything, he inherited it from himself.

    In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.

    There is no way this will be widely publicized, Unless each of us sends it on! This is your chance to make a difference.

    Stay Focused, Connected, Informed & Inspired...
     
  2. skookerasbil
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    skookerasbil Gold Member

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    yeah......but only the lefty internet nuts think that asshole.....................


    Check it out s0n.............there was an election last week in this country...................


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    Informed fAiL:boobies::funnyface::boobies::funnyface::fu:












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    Last edited: Nov 12, 2010
  3. Oddball
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    Oddball BANNED Supporting Member

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  4. BlindBoo
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    BlindBoo Gold Member

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    Here's a list of the nation debit in billions (results from deficit spending) since 1960. So which president did not have a deficit? None.

    The Republican have been the biggest spenders in modern time. Presient Bush II leads the way. So far President Obama is set to beat his record however.

    1960 526.4
    1961 544.8
    1962 585.7
    1963 617.8
    1964 663.6
    1965 719.1
    1966 787.7
    1967 832.4
    1968 909.8
    1969 984.4
    1970 1038.3
    1971 1126.8
    1972 1237.9
    1973 1382.3
    1974 1499.5
    1975 1637.7
    1976 1824.6
    1977 2030.1
    1978 2293.8
    1979 2562.2
    1980 2788.1
    1981 3126.8
    1982 3253.2
    1983 3534.6
    1984 3930.9
    1985 4217.5
    1986 4460.1
    1987 4736.4
    1988 5100.4
    1989 5482.1
    1990 5800.5
    1991 5992.1
    1992 6342.3
    1993 6667.4
    1994 7085.2
    1995 7414.7
    1996 7838.5
    1997 8332.4
    1998 8793.5
    1999 9353.5
    2000 9951.5
    2001 10286.2
    2002 10642.3
    2003 11142.1
    2004 11867.8
    2005 12638.4
    2006 13398.9
    2007 14077.6
    2008 14441.4
    2009 14258.2
    2010 14623.9
     

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