healthmyths
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- Sep 19, 2011
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when Obama said: "cut our deficit in half by the end of my first term."
DID anyone ask Obama how he planned to do that as they are asking Romney about his tax cutting plans?
But more importantly DID Obama lie when Obama indeed made the pledge on Feb. 23, 2009, following a "Fiscal Responsibility Summit" one month after his inauguration.
His words:
"Today I am pledging to cut the deficit we inherited in half by the end of my first term in office. Now, this will not be easy. It will require us to make difficult decisions and face challenges we've long neglected. But I refuse to leave our children with a debt that they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control."
PolitiFact | Romney says Obama promised to cut deficit in half
NOW for the REALITY!!!
Year Tax Revenue Expenditures Surplus or Deficit
=== ======== =========== ===========
2000 $2.026 Trillion $1.789 Trillion $236.2 billion
2001 1.991 1.862 126.6
2002 1.853 2.010 (157.8 billion deficit)
2003 1.782 2.159 (377.6 billion deficit)
2004 1.880 2.252 (412.7 billion deficit)
2005 2.153 2.472 (318.3 billion deficit)
2006 2.406 2.655 (248.2 billion deficit)
2007 2.568 2.728 (160.7 billion deficit)
2008 2.524 2.982 (458.6 billion deficit)
2009 2.105 3.517 (1.412 TRILLION deficit)
2010 2.162 3.456 (1.293 Trillion deficit)
2011 2.173 3.818 (1.645 Trillion Deficit
Bush Deficits in 8 years $2.133 Trillion after Dot.com bust, 9/11 and worst hurricane SEASONS in history.
Obama Deficits in 3 years $4.351 Trillion after what???? Any dot.com bust? Any 9/11? Any worst hurricane SEASONS??? Nothing happened that cost
AND JOBS LOST???
400,000 jobs due to Hurricanes Katrina/Rita again NOTHING Bush could do to prevent! After all he is definitely not the Messiah as Obama is considered!
145,000 jobs in NYC alone due to 9/11.... so of course because of the Gorelick Memo the CIA was not allowed to share with the FBI the 9/11 terrorists in country!
300,000 jobs lost due to dot.com busts....
===========================
845,000 jobs LOST WAS THIS THE FAULT OF Bush causing the Dot.com, 9/11 and worst hurricanes??
DID anyone ask Obama how he planned to do that as they are asking Romney about his tax cutting plans?
But more importantly DID Obama lie when Obama indeed made the pledge on Feb. 23, 2009, following a "Fiscal Responsibility Summit" one month after his inauguration.
His words:
"Today I am pledging to cut the deficit we inherited in half by the end of my first term in office. Now, this will not be easy. It will require us to make difficult decisions and face challenges we've long neglected. But I refuse to leave our children with a debt that they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control."
PolitiFact | Romney says Obama promised to cut deficit in half
NOW for the REALITY!!!
Year Tax Revenue Expenditures Surplus or Deficit
=== ======== =========== ===========
2000 $2.026 Trillion $1.789 Trillion $236.2 billion
2001 1.991 1.862 126.6
2002 1.853 2.010 (157.8 billion deficit)
2003 1.782 2.159 (377.6 billion deficit)
2004 1.880 2.252 (412.7 billion deficit)
2005 2.153 2.472 (318.3 billion deficit)
2006 2.406 2.655 (248.2 billion deficit)
2007 2.568 2.728 (160.7 billion deficit)
2008 2.524 2.982 (458.6 billion deficit)
2009 2.105 3.517 (1.412 TRILLION deficit)
2010 2.162 3.456 (1.293 Trillion deficit)
2011 2.173 3.818 (1.645 Trillion Deficit
Bush Deficits in 8 years $2.133 Trillion after Dot.com bust, 9/11 and worst hurricane SEASONS in history.
Obama Deficits in 3 years $4.351 Trillion after what???? Any dot.com bust? Any 9/11? Any worst hurricane SEASONS??? Nothing happened that cost
AND JOBS LOST???
400,000 jobs due to Hurricanes Katrina/Rita again NOTHING Bush could do to prevent! After all he is definitely not the Messiah as Obama is considered!
145,000 jobs in NYC alone due to 9/11.... so of course because of the Gorelick Memo the CIA was not allowed to share with the FBI the 9/11 terrorists in country!
300,000 jobs lost due to dot.com busts....
===========================
845,000 jobs LOST WAS THIS THE FAULT OF Bush causing the Dot.com, 9/11 and worst hurricanes??