The same way as if you divorce and your ex spouse has left you bills that are now coming in and that spouse has subtracted from income by a tax cut so you have a double whammy to deal with...that is how that happens.. It is not that you are spending heavily and irresponsibily
Hate to burst your bubble since you've really grown attached to your nice colored graph, but let's start things off with just ONE concrete fact that should help bring things into their proper perspective.
After the eight year term of President George W. Bush was up, the Iraq War cost taxpayers $820 BILLION dollars.
SOURCE -
http://www.dpc.senate.gov/docs/fs-112-1-36.pdf
Now we look to the Obama stimulus bill which has the CBO estimate of $821 BILLION dollars.
SOURCE -
CBO raises its stimulus cost estimate, again - Washington Times
Then to that you include the Fannie Mae and Freddie Mac blank checks, the Chevy Volt incentives, the prolonged unemployment extensions which brings in no federal revenue ( had this president use some intelligence to look to the pipeline construction from Canada for jobs instead of insisting on more unemployment checks ), oh we must not forget all those tax dollars wasted on green corporations that fell towards bankruptcy - Solyndra, US Geothermal, etc. You know ....... it's not really looking good for President Barrack Obama at this point, I think you should take the time to find a better graph.
So the 800 billion you're saying that the stimulus cost, that the stimulus added to the defict?
Yes, I'm sure the stimulus was all about job creation to help boost the economy. There is no way this President would even THINK of wasting our taxpayer dollars like he did with Solyndra, right?
• $2 billion earmark to restart FutureGen, a near-zero emissions coal power plant in Illinois that the Dept. of Energy defunded last year because the project was inefficient
• $246 million tax break for Hollywood movie producers to buy motion picture film.
• $650 million for the digital television converter box coupon program.
• $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).
• $600 million to buy hybrid vehicles for federal employees.
• $75 million for “smoking cessation activities.”
• $25 million for tribal alcohol and substance abuse reduction.
• $500 million for flood reduction projects on the Mississippi River.
• $10 million to inspect canals in urban areas.
• $650 million for wildland fire management on forest service lands.
• $1.2 billion for “youth activities,” including youth summer job programs.
• $160 million for “paid volunteers” at the Corporation for National and Community Service.
If they are paid they are not volunteers, they are called employees.
• $5.5 million for “energy efficiency initiatives” at the Department of Veterans Affairs
National Cemetery Administration. Electric hearses?? .. or are we talking about electric lawn mowers here?
• $100 million for reducing the hazard of lead-based paint.
Are you serious? This is what we need to be spending our money on to improve our economy?
• $75M to construct a new "security training" facility for State Dept Security officers when they can be trained at existing facilities of other agencies.
• $110 million to the Farm Service Agency to upgrade computer systems.
• $88 Million - for renovating the headquarters of the Public Health Services.
I wouldn't think of renovating my OWN house until I knew I could afford it
• $200 million in funding for the
lease of alternative energy vehicles for use on military installations.
They are soldiers who march from building to building, and Michelle Obama has also been promoting the need for MORE people to be physically fit.
• Unspecified assistance for "nonambulatory cattle"
SOURCES:
GOP Reveals Obama Stimulus Plan Waste: Stimulus Plan Is Full Of Pork Projects » Right Pundits
Newsweek's Hirsh on Stimulus: Don't Worry About Pork, This is an 'Emergency' | NewsBusters
What GOP Leaders deem wasteful in Senate stimulus bill - CNN.com
Then there is the repeated attempts to pour more money into Fannie Mae and Freddie Mac
June 23, 2010
The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.
So you want to blame the 2009 and 2010 deficits on the Democratic House,
but 2011, 2012, and 2013, those deficits you want to blame on Obama because the Republicans took the House in 2010?
lol, do you consider yourself one of the smarter inmates around here?
Obama may pout and cry all he wants, over what he wants to see in HIS idea of another stimulus plan. However, any plans of what this President wants to see has to meet the approval of the House. I thought you understood the basics of how our Governmet works? Do you honestly believe the Republicans are going to allow ANOTHER stimulus bill like that one above to pass the House? Come on NYCarbineer, I thought you would have more common sense than this? You don't appear to be the most intelligent liberal in the bunch.
The Iraq war is still going up in cost due to the medical care costs for vets, disability payments to veterans , the borrowing costs of the war which was not funded....the greatest deficit of all times was in Bush's last budget a $1.85 trillion deficit , the last JOKER left behind by huge failure 43...there had to be stimulus spending because Failure 43 left a steaming smoky pile of crap on the economy..then there were his tax cuts adding to the deficit...IT SIMPLY HAS NOT BEEN OBAMA INITIATIVES OR SPENDING DRIVING DEFICITS
When are you going to start providing me with some concrete figures you can actually back up, instead of simply pulling your own figures right out of your ass?