Time to pwn another brainwashed, flaming, National Socialist wacko lib troll.
Attention edthecynic. You continue to embarrass yourself to nit picking my posts, YOU HAVE YET TO ATTEMPT TO TRY to refute the other 90% Perhaps cuz you know you can't.
The whole forum is 
@ you right now troll. Last chance for your lil waste of bandwith self to post something of remote credibility, or else make your home on my pwned belt.
(Newsroom America) -- Though it is being hailed as the most productive legislature in a generation, the 111th Congress was also one of the hardest on the U.S. Treasury, having added more red ink to the nation's debt than the country's first 100 congresses combined, a report said Tuesday.
Cybercast News Service said an analysis of the 111th Congress' fiscal legislation found that lawmakers added more than $3.2 trillion to the nation's debt, or $10,429.64 more per person.
http://www.newsroomamerica.com/story/88460/report:_111th_congress_added_more_debt_than_first_100_congresses.html
then also show me how the bush years stack up to this congress, then again you also have to add in the wars, which he doesnt do. once again, nice fuzzy math.
These are the true deficits: Bush $800B, Obama $1.4T
By Dick Morris - 02/02/10 06:37 PM ET
President Barack Obama is being disingenuous when he says that the budget deficit he faced “when I walked in the door” of the White House was $1.3 trillion. He went on to say that he only increased it to $1.4 trillion in 2009 and was raising it to $1.6 trillion in 2010.
Rep. Joe Wilson (R-S.C.) might have said, “You lie,” but we’ll settle for “You distort.”
(As Mark Twain once said, there are three kinds of lies: “lies, damn lies and statistics.”
Here are the facts:
In 2008, George W. Bush ran a deficit of $485 billion. By the time the fiscal year started, on Oct. 1, 2008, it had gone up by another $100 billion due to increased recession-related spending and depressed revenues. So it was about $600 billion at the start of the fiscal crisis. That was the real Bush deficit.
But when the fiscal crisis hit, Bush had to pass the Troubled Asset Relief Program (TARP) in the final months of his presidency, which cost $700 billion. Under the federal budget rules, a loan and a grant are treated the same. So the $700 billion pushed the deficit — officially — up to $1.3 trillion. But not really. The $700 billion was a short-term loan. $500 billion of it has already been repaid.
So what was the real deficit Obama inherited? The $600 billion deficit Bush was running plus the $200 billion of TARP money that probably won’t be repaid (mainly AIG and Fannie Mae and Freddie Mac). That totals $800 billion. That was the real deficit Obama inherited.
These are the true deficits: Bush $800B, Obama $1.4T - TheHill.com
A REAL EYE OPENER ! Bush debt vs Obama debt
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. They 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. Let’s remember what the deficits looked like during that period:
After beginning with a Clinton-era surplus of $128 billion in fiscal year 2001, the Bush administration racked up deficits of $158 billion in 2002, $378 billion in 2003, $413 billion in 2004, $318 billion in 2005, $248 billion in 2006, $162 billion in 2007, and $410 billion in 2008.
The current administration would kill to have such small numbers. President Barack Obama is unveiling his budget this week, and, in addition to the inherited Bush deficit, he’s adding his own spending at an astonishing pace, projecting annual deficits well beyond $1 trillion in the near future, and, in the rosiest possible scenario, a $533 billion deficit in fiscal year 2013, the last year of Obama’s first term.
And what about the national debt? It increased from $5 trillion to $10 trillion in the Bush years, leading to dramatically higher interest costs. “We pay in interest four times more than we spend on education and four times what it will cost to cover 10 million children with health insurance for five years,” Pelosi said in 2007. “That’s fiscal irresponsibility.”
Now, under Obama, the national debt — and the interest payments — will increase at a far faster rate than during the Bush years.
“We thought the Bush deficits were big at the time,” Senate Minority Leader Mitch McConnell, told me this week as he prepared to attend Obama’s Fiscal Responsibility Summit. “But this is going to make the previous administration look like rank amateurs. We could be adding multiple trillions to the national debt in the first year.”
At some point last week, the sheer velocity of Obama’s spending proposals began to overwhelm even experienced Washington hands.
In the span of four days, we saw the signing of the $787 billion stimulus bill, the rollout of a $275 billion housing proposal, discussion of Congress’s remaining appropriations bills (about $400 billion) and word of a vaguely-defined financial stabilization plan that could ultimately cost $2 trillion. When representatives of GM and Chrysler said they might need $21 billion more to survive, it seemed like small beer.
The numbers are so dizzying that McConnell and his fellow Republicans are trying to “connect the dots” — that is, to explain to the public how all of those discrete spending initiatives add up to a previously unthinkable total.
Obama’s current spending proposals, Republicans point out, will cost more than the United States spent on the wars in Iraq and Afghanistan, the general war on terror and Hurricane Katrina in the last seven years. And that’s before you throw in the $2 trillion fiscal stabilization plan.
Obama's trillions dwarf Bush's 'dangerous' spending | Washington Examiner
