Republicans fall quiet in face of Obama deficit success

[M14 Shooter]

2013 deficit projection is less than half of the 2009 deficit.

It's projected to be over 900B. That's twice what it was in 2008. Some accomplishment. And that includes abandoning two wars.

If subtract the cost of TARP, the prescription drug benefits, two wars and the Bush tax cuts then you'll figure out why the deficit increased so much.

Amazing, the exucses you people come up with in an attempt to deflect blame away from your secular messiah.

 

[Eric Cartman]

It's projected to be over 900B. That's twice what it was in 2008. Some accomplishment. And that includes abandoning two wars.

If subtract the cost of TARP, the prescription drug benefits, two wars and the Bush tax cuts then you'll figure out why the deficit increased so much.

congress passes and funds the budget, dems controlled congress during Bush's last two years---when everything turned to shit.

both parties voted for the medicare drug benefit, both parties authorized and funded the wars.

your partisan bullshit just makes you look stupid.

You're the only one to mention any parties .... stupid

 

[Redfish]

If subtract the cost of TARP, the prescription drug benefits, two wars and the Bush tax cuts then you'll figure out why the deficit increased so much.

congress passes and funds the budget, dems controlled congress during Bush's last two years---when everything turned to shit.

both parties voted for the medicare drug benefit, both parties authorized and funded the wars.

your partisan bullshit just makes you look stupid.

You're the only one to mention any parties .... stupid

hmmm, don't think so

 

[M14 Shooter]

The US were running trillion plus deficit BEFORE Obama took the office.

This is a lie.

No, moron, this was deficit projection by Congressional Budget Office.
1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

Better check that again.
FY2008 deficit was $458.6B
FY2009 deficit - under the budget Obama signed into law - was $1412.6B
Historical Tables | The White House
Table 1.1

 

[ilia25]

This is a lie.

No, moron, this was deficit projection by Congressional Budget Office.

1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

national debt when obama took office 9T, national debt today 16.5T. (almost doubled in 5 years). those are the facts, spin all you like, the facts will eat your lunch.

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

 

[M14 Shooter]

No, moron, this was deficit projection by Congressional Budget Office.

1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

national debt when obama took office 9T, national debt today 16.5T. (almost doubled in 5 years). those are the facts, spin all you like, the facts will eat your lunch.

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

 

[PMZ]

Public debt is caused by policies, not dates.

The policies of conservative business executives, added to Bush's policies designed to pay for his holy wars, and his reluctance to tax his friends and family, caused the bottom of 2009. Recovery by US government from that Great Recession has exceeded the performance of virtually all other global economies.

What has been slow, is business recovering from their lack of recognition that American workers are also American consumers. Laying off a worker and giving his job to cheap foreign labor imported here, or sending the job there, lowers demand more than it cuts labor cost.

While most of the country has learned a lot from our flirtation with conservatism, there are many unable to learn from mistakes. The GOP hopes to keep them hooked on conservative entertainment media to retain their votes. 2012 demonstrated the failure of that strategy, however Reuplicans have found no alternative to it.

End of story.

 

[ilia25]

This is a lie.

No, moron, this was deficit projection by Congressional Budget Office.
1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

Better check that again.

Check it all you want, January 2009 CBO projection says at least 1.2 trillion dollar deficit in 2009 FY:
CBO | The Budget and Economic Outlook: Fiscal Years 2009 to 2019

"CBO projects that the deficit this year will total
$1.2 trillion, or 8.3 percent of GDP. Enactment of an
economic stimulus package would add to that deficit." -- that was written BEFORE Obama took the Office.

 

[Redfish]

No, moron, this was deficit projection by Congressional Budget Office.

1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

national debt when obama took office 9T, national debt today 16.5T. (almost doubled in 5 years). those are the facts, spin all you like, the facts will eat your lunch.

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

Oh, really? then I guess Bush and Clinton and all the previous presidents had nothing to do with it either.

why is only obama exempt from being responsible for anything?

 

[Redfish]

Public debt is caused by policies, not dates.

The policies of conservative business executives, added to Bush's policies designed to pay for his holy wars, and his reluctance to tax his friends and family, caused the bottom of 2009. Recovery by US government from that Great Recession has exceeded the performance of virtually all other global economies.

What has been slow, is business recovering from their lack of recognition that American workers are also American consumers. Laying off a worker and giving his job to cheap foreign labor imported here, or sending the job there, lowers demand more than it cuts labor cost.

While most of the country has learned a lot from our flirtation with conservatism, there are many unable to learn from mistakes. The GOP hopes to keep them hooked on conservative entertainment media to retain their votes. 2012 demonstrated the failure of that strategy, however Reuplicans have found no alternative to it.

End of story.

You are so full of shit that your eyes must be brown. Nothing you said is true. Are you really that ignorant?

 

[M14 Shooter]

No, moron, this was deficit projection by Congressional Budget Office.
1.2 trillion deficit as of January 2009, not counting any stimulus legislation.

Better check that again.

Check it all you want, January 2009 CBO projection says at least 1.2 trillion dollar deficit in 2009 FY:
CBO | The Budget and Economic Outlook: Fiscal Years 2009 to 2019

"CBO projects that the deficit this year will total
$1.2 trillion, or 8.3 percent of GDP. Enactment of an
economic stimulus package would add to that deficit." -- that was written BEFORE Obama took the Office.

-You're- aguing with projections.
-I'm- arguing with sourced, verified facts.

FY2008 deficit was $458.6B
FY2009 deficit - under the budget Obama signed into law - was $1412.6B

You lose.

 

[theHawk]

Oh my, the deficit reduced $800 Billion under Obama ... more than predicted.
My comment ^^
Rachel Maddow Show

I love it, Obama was forced to do cuts by the Republicans and you try to give all the credit to Obama.

You scream and rant and rave about spending cuts, yet want to gloat about a small dent in the deficit.

I take it this means you liberals are going to call for more spending cuts.

 

[ilia25]

national debt when obama took office 9T, national debt today 16.5T. (almost doubled in 5 years). those are the facts, spin all you like, the facts will eat your lunch.

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

Sure Obama signed those deficits -- what else could he have done? Running the deficits was the only sane choice -- the other would be a total economic collapse. Starting with the US government defaulting on its obligations -- it simply was not collecting enough tax revenue to pay its bills!

 

[ilia25]

Better check that again.

Check it all you want, January 2009 CBO projection says at least 1.2 trillion dollar deficit in 2009 FY:
CBO | The Budget and Economic Outlook: Fiscal Years 2009 to 2019

"CBO projects that the deficit this year will total
$1.2 trillion, or 8.3 percent of GDP. Enactment of an
economic stimulus package would add to that deficit." -- that was written BEFORE Obama took the Office.

-You're- aguing with projections.
-I'm- arguing with sourced, verified facts.

Those projections WERE based on facts, you moron. That is why they turned out to be true.

And those facts were present BEFORE Obama took the office.

 

[PMZ]

Public debt is caused by policies, not dates.

The policies of conservative business executives, added to Bush's policies designed to pay for his holy wars, and his reluctance to tax his friends and family, caused the bottom of 2009. Recovery by US government from that Great Recession has exceeded the performance of virtually all other global economies.

What has been slow, is business recovering from their lack of recognition that American workers are also American consumers. Laying off a worker and giving his job to cheap foreign labor imported here, or sending the job there, lowers demand more than it cuts labor cost.

While most of the country has learned a lot from our flirtation with conservatism, there are many unable to learn from mistakes. The GOP hopes to keep them hooked on conservative entertainment media to retain their votes. 2012 demonstrated the failure of that strategy, however Reuplicans have found no alternative to it.

End of story.

You are so full of shit that your eyes must be brown. Nothing you said is true. Are you really that ignorant?

I see you are unable to refute anything that I've claimed. Most would learn from that. You clearly have rejected any notion that you are either capable of, or have need to, learn anything. You are stuck where you are.

 

[M14 Shooter]

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

Sure Obama signed those deficits...

... and therefore had something - indeed, a HUGE something - to do wth them, in direct opposition to your previous statement.
So, was your statement "that Obama has nothing to do with raising debt" a lie, or simple ignorance?

 

[M14 Shooter]

Check it all you want, January 2009 CBO projection says at least 1.2 trillion dollar deficit in 2009 FY:
CBO | The Budget and Economic Outlook: Fiscal Years 2009 to 2019
"CBO projects that the deficit this year will total
$1.2 trillion, or 8.3 percent of GDP. Enactment of an
economic stimulus package would add to that deficit." -- that was written BEFORE Obama took the Office.

-You're- aguing with projections.
-I'm- arguing with sourced, verified facts.

Those projections WERE based on facts, you moron. That is why they turned out to be true.

This is a lie, as I have shown.
Please do not bother responding until you can muster at least a -little- intellectual honesty.

 

[Soggy in NOLA]

The fact is that Obama has nothing to do with raising debt. He had inherited bad economy and trillion+ dollar deficits that came with it.

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

Sure Obama signed those deficits -- what else could he have done? Running the deficits was the only sane choice -- the other would be a total economic collapse. Starting with the US government defaulting on its obligations -- it simply was not collecting enough tax revenue to pay its bills!

And there ya have it folks.... from 2001 - 2008 it was a spending problem, now it is a not enough taxes problem.

 

[ilia25]

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

Sure Obama signed those deficits -- what else could he have done? Running the deficits was the only sane choice -- the other would be a total economic collapse. Starting with the US government defaulting on its obligations -- it simply was not collecting enough tax revenue to pay its bills!

And there ya have it folks.... from 2001 - 2008 it was a spending problem, now it is a not enough taxes problem.

In this particular case, "not enough taxes" means a lower govt. income due to weak economy, not low tax rates.

 

[ilia25]

This is either ajbect ignorance or a bold-faced lie.
Obama signed every spendng bill that came across His desk, including the F2009 budget.
Therefore, every cent spent, and thus, every cent of deficit added to the debt, is His direct responsibility.

Sure Obama signed those deficits...

... and therefore had something - indeed, a HUGE something - to do wth them, in direct opposition to your previous statement.
So, was your statement "that Obama has nothing to do with raising debt" a lie, or simple ignorance?

What are you doing here? Obviously you are not here to learn what really happened. And you don't need anyone else to keep your convictions intact. So why are you here?

It really baffles me when people behave like that.