The Incredible Shrinking Obama Deficit.

[LoneLaugher]

Tough news for nutbags.

 

[Kosh]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

Wonder if TARP had something to do with that?

You mean the bailout the far left wanted, but did not care if it was paid back?

Well that was until Bush said their must be some way to pay back that money before he would sign the bill..

If it was up to the far left they would have just bailed out Wall street and the banks without making sure the money was paid back.

 

[Siete]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

The stimulus became law in Feb of 2009, dumbass. That was a massive spending bill.

The CBO has projected that if the president's first budget had been enacted as is, the national debt would have increased to $17.1 trillion by 2019, about triple the $5.8 trillion level at the end of 2008. In comparison,
the CBO said that the debt would have doubled to $11.7 trillion if the president's first budget had not been enacted and if the CBO's baseline economic assumption had instead been in place for the next 10 years.

- The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, before the costs for any new economic stimulus plans or new legislation were factored in.

 

[Kosh]

Tough news for nutbags.

It is tough news for you far left drones..

Reality and the truth are never close to you far left drones..

 

[easyt65]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

As usual Liberals completely IGNORE that with taking over Congress with only 3 seats shy of having a Super majority control of Congress with 2 years of the Bush administration left to go, that meant the Democrats - Liberals - took over the Federal Government's spending.

Liberals also agree usually that the economy started to decline during those 2 years...that LIBERALS CONTROLLED SPENDING. They also controlled spending the 1st 2 years of Obama's Presidency....which means...

...that 'bad economy' Obama whined about and continues to whine about having 'inherited' was an economy he inherited from his own DEMOCRATIC PARTY / LIBERALS!

 

[Kosh]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

The stimulus became law in Feb of 2009, dumbass. That was a massive spending bill.

The CBO has projected that if the president's first budget had been enacted as is, the national debt would have increased to $17.1 trillion by 2019, about triple the $5.8 trillion level at the end of 2008. In comparison,
the CBO said that the debt would have doubled to $11.7 trillion if the president's first budget had not been enacted and if the CBO's baseline economic assumption had instead been in place for the next 10 years.

- The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, before the costs for any new economic stimulus plans or new legislation were factored in.

You mean like how the CBO predicted that after full implementation of Obamacare that 30 million people would still be without insurance at the cost of trillions of dollars. That same CBO?

 

[Siete]

RW's never deal in reality ..facts are not their forte'.

 

[boedicca]

Only a certified loon would think the Obama deficits (still historically high), are "progress". The only reasons the deficit has dropped is because the GOP has not supported Obama's spending programs and because Obama jacked the deficit up in the first place.

 

[Kosh]

RW's never deal in reality ..facts are not their forte'.

And so it begins..

The far left and their irony impaired posts!

 

[easyt65]

You mean like how the CBO predicted that after full implementation of Obamacare that 30 million people would still be without insurance at the cost of trillions of dollars. That same CBO?

12.9% of Americans still do not have insurance (Uninsured rate down from 13.4% in the third quarter of 2014, down from 17.1% in 2013).

It's amazing how many people will sign up for health care when the Federal Government threatens them with punitive action if they fail to obey to do so.

Most of the people who signed up for the ACA were the ones who already HAD health insurance but lost it due to the fact that the ACA specifically dictated to insurance companies & the American people the minimum every policy had to contain. The Federal Government had to FORCE the young / healthy Americans to buy this insurance, though, because they needed their money - knowing they would not be using their insurance - to pay for those who would (elderly / illegals / etc)
... thus the ACA being a huge 'Ponzi' scheme.

 

[Sallow]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

 

[TNHarley]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

Bush was a fuckin idiot and spent like a lefty.

 

[HappyJoy]

you mean he brought it back to where it was when he started? Wow. What an accomplishment. In the meantime he racked up 10 trillion in debt.

You want to explain how that chart coincides with your comment?

 

[Sallow]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

And it was passed by the far left house and senate..

Go figure that one..

But then again Obama has accumulate more debt than any president in history..

Thanks to the horrid far left policies..

Well no.

Obama's been paying down debt left over by the Bush administration when he put two wars on the National Credit card by getting rid of Paygo and implementing Emergency Supplemental Funding (Meaning, let the other guy pay for it).

 

[Sallow]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

Bush was a fuckin idiot and spent like a lefty.

Was Reagan a fucking Idiot and spent like a lefty?

It took Clinton to pay off his debt.

 

[bripat9643]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

The stimulus became law in Feb of 2009, dumbass. That was a massive spending bill.

Feb 09 numbers don't go on the books until 2010 dumbass ...

ROFL, yes they do. The traditional argument for letting Dims off the hook is that the budget doesn't get passed until August. Of course, Congress never passed a budget, and Obama passed his huge spending bill in February. He could have put anything he wanted in there, so he took responsibility for the budget the day he signed it.

 

[Siete]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

it's impossible to explain anything to people who refuse to learn.

 

[TNHarley]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

Bush was a fuckin idiot and spent like a lefty.

Was Reagan a fucking Idiot and spent like a lefty?

It took Clinton to pay off his debt.

Fuck Reagan. I made a thread about him yesterday. Check it out
It also took Clinton to cut back on all of his big government bullshit too.

 

[bripat9643]

The CBO released a projection in January 2009 that the deficit would reach $1.2 trillion in 2009, BEFORE Obama took office. Not one single piece of legislation that led to the trillion dollar deficit had his signature on it.

Thanks W ..

And it was passed by the far left house and senate..

Go figure that one..

But then again Obama has accumulate more debt than any president in history..

Thanks to the horrid far left policies..

Well no.

Obama's been paying down debt left over by the Bush administration when he put two wars on the National Credit card by getting rid of Paygo and implementing Emergency Supplemental Funding (Meaning, let the other guy pay for it).

Yeah, right, it's all BOOOOOSSSSHHHHH's fault.

 

[TNHarley]

Conservative Creedo: Reality Sucks!

"lets just raise the shit out of taxes instead of actually trying to fix anything"
yea, reality is a bitch. Isnt it?

Lowering taxes did what?

Blew up the deficit.

it's impossible to explain anything to people who refuse to learn.

Learn what? Maybe you could teach me. Ill wait.