You mean Democrat Congress spent like drunken sailors. Oh and one Obama deficit is bigger than Reagan's entire budget. Reagan ran the entire government on less than an Obama deficit
Again, another half-brained right winger steps up showing stupidity and baseless hatred.....
Hey, dingbat.......How did Obama predecessor start two wars (estimated costs $3 TRILLION) gave tax CUTS and unpaid Medicare part D????
WHO PAID FOR THOSE CONSERVATIVE ADVENTURES?
Yes, W clearly spent like a drunken sailor. The guy who never saw a spending bill he vetoed. Then there was the bridge to nowhere, part of a $250 billion Xmas tree with the word "transportation" written on it. W was born with a silver spoon in his mouth and made a career on his daddy's connections. He had no concept people actually worked to earn the money that flowed through is hands like water. And Republicans after finding out what he was ... voted him in again
PROVE with FACTS W spent like a drunken Sailor"!!!!!
HERE are the FACTS you dumb shits who conveniently FORGET WHAT HAPPENED from 2001 to 2008!!
NO other president in history EVER EVER FACED these events and YET the deficit was declining TAX REVENUE was increasing people were working!!!
1) Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Source:
USATODAY.com - It s official 2001 recession only lasted eight months
A Major $5 trillion market loss
2) Are you aware that the dot.com bust occurred and cost $5 trillion in losses?
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
Source:
The dot-com bubble How to lose 5 trillion Anderson Cooper 360 - CNN.com Blogs
The worst attacks on the USA in History.. 3,000 deaths!!!
3)Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets.
Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone. Airlines didn't fly for 3 days!
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
Source:
The Top 10 Financial Events of the Decade
Year 2001...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others. According to the FBI, the ensuing investigation became "one of the largest and most complex in the history of law enforcement".[1]
4) $1 trillion in losses due to the WORST Hurricane SEASONS in history.
The worst, Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters Weather Underground
THESE events OCCURRED!
YET in SPITE of
a) 400,000 jobs due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:
AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details Federal State Local for 2008 - Charts
WHAT about THESE FACTS!!!
FACTS not fiction! Deficits of Presidents Obama/Bush
Federal deficit falling to lowest in Obama presidency
Total deficits Obama will have left DEFICITS totaling ($6.3 trillion)
Total Deficits BUSH $3.294 trillion! Obama will have increased DEFICITS by 207%!!!
FY 2017 - $458 billion
FY 2016 - $531 billion
FY 2015 - $564 billion
FY 2014 - $649 billion
FY 2013 - $680 billion.
FY 2012 - $1.087 trillion.
FY 2011 - $1.299 trillion.
FY 2010 - $1.546 ($1.293 trillion plus $253 billion from the Obama Stimulus Act that was attached to the FY 2009 budget).
President George W. Bush: Total = $3.294 trillion.
FY 2009 - $1.16 trillion. ($1.416 trillion minus $253 billion from Obama's Stimulus Act)
FY 2008 - $458 billion.
FY 2007 - $161 billion.
FY 2006 - $248 billion.
FY 2005 - $318 billion.
FY 2004 - $413 billion.
FY 2003 - $378 billion.
FY 2002 - $158 billion.
THESE Are the FACTS not f...king guesses ENOUGH of this Drunken sailor charges!!! YOU are idiots that continue EVEN you stupid uninformed conservatives that spout that same stupid phrase! GWB had wars, hurricanes, recessions all occurring in his administration THAT no other president faced!!!!