The democrats really fudged us good

Discussion in 'Politics' started by ihopehefails, Oct 28, 2009.

  1. ihopehefails
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    ihopehefails BANNED

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    The deficit under the Bush administration was already bad enough but the minute the democrats take full control of the federal government they passed the point of no return with the deficit, tarp, and stim bill. How easy it would have been for them to cut the deficit at 400 billion vs 1.5 trillion. Now I fear that the deficit and accumulating debt is so large that the only solution is bankruptcy of our federal government because I really don't see any way out of this because the alternative to the democrats haven't proven they can balance a budget either.

    Can anyone here tell me of any politician either democrat or republican that is seriosly talking balancing the budget this year?
     
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  2. Wry Catcher
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    Wry Catcher Diamond Member

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    Thanks for sharing a partisan piece . Why don't you grow up and go to school?
     
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  3. Si modo
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    Si modo Diamond Member

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    Yup. GWB's spending was ugly and now BHO is going to triple our debt. Ugly does not excuse ugly-times-three.
     
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  4. rightwinger
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    Current debt is $11.9 trillion, up from $11.1 trillion when Obama took office

    Bush raised the deficit from $5.5 trillion to $11 trillion

    Nice try though
     
  5. Wry Catcher
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    Wry Catcher Diamond Member

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    Consider, You buy a house and discover the prior owner did not maintain the roof. It needs to be replaced. Rain will destroy your possessions unless the roof is replaced. You do not have the money to replace the roof.
    Do you borrow?

    Or, you buy a house in good repair. You want a new roof to impress the neighbors, but can't afford it. You quit your job, spend your savings and borrow the money to replace the roof.
     
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    Last edited: Oct 28, 2009
  6. rightwinger
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    Lets see how the republicans fudged us

    News N Economics: Record wealth loss in 2008; saving rises

    George Bush lost us $11.2 trillion in ONE year

    You complain because Obama spent $800 billion?
    (By the way, personal wealth is UP $4.4 trillion under Obama)
     
  7. Oddball
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    but....but....but...but....GEORGE BOOOOOOOSH!!!

    Nope, never saw that coming! :lol:
     
  8. Dr Grump
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    Dr Grump Gold Member

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    Nor your deflection...:lol:
     
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  9. Si modo
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    Si modo Diamond Member

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    :lol: I don't borrow myself into an unsustainable debt.
     
    Last edited: Oct 28, 2009
  10. SFC Ollie
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    SFC Ollie Still Marching

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    This must be some of that infamous fuzzy math. Personal wealth up $4.4 trillion and unemployment is nearly doubled? Why is this so difficult to actually believe? And Bush lost $11.2 trillion in one year? I'm sorry but that seems to be some more fuzzy math.
     

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