oreo
Gold Member
The Washington Post babbled again today about Obama inheriting a huge deficit from Bush, blah blah blah. Amazingly enough, a lot of people swallow this nonsense.
Here is 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 Democrat 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--while sticking nonsense spending bills (last minute or middle of the night earmarks & other goodies into bills.)
At that time, they passed a massive 450 BILLION dollar omnibus spending bill to complete the FY 2009 budgets which Bush refused to sign. Obama gleefully signed that which had over 9000 earmarks & political pay-backs included in it. Obama referred to this bill as "last years" business-- The very week after Obama signed off on the 787 BILLION dollar stimulus bill that wasn't--which included 64 million in bonuses for AIG & 200+ million for Fannie/Freddie bonuses--gratitude of the American taxpayer. This the bill that no one read before signing off on it.
And where was Barack Obama during the 2007--2008 full year budget? He was a member of that very Senate that passed all of these massive spending bills.
Let's remember what the deficits looked like during that period:
If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is--"I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since I took office on January 20 2009." This President in one single year has spent more--than the cost of ALL WARS combined in United States History!
It is estimated that each & every household in America today is in debt $100,000 to the Federal Government's tab.
How's all that hopey & changey workin for ya?--
450 BILLION for 9000 earmarks that Bush refused to sign--
Here is 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 Democrat 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--while sticking nonsense spending bills (last minute or middle of the night earmarks & other goodies into bills.)
At that time, they passed a massive 450 BILLION dollar omnibus spending bill to complete the FY 2009 budgets which Bush refused to sign. Obama gleefully signed that which had over 9000 earmarks & political pay-backs included in it. Obama referred to this bill as "last years" business-- The very week after Obama signed off on the 787 BILLION dollar stimulus bill that wasn't--which included 64 million in bonuses for AIG & 200+ million for Fannie/Freddie bonuses--gratitude of the American taxpayer. This the bill that no one read before signing off on it.
And where was Barack Obama during the 2007--2008 full year budget? He was a member of that very Senate that passed all of these massive spending bills.
Let's remember what the deficits looked like during that period:
If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is--"I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since I took office on January 20 2009." This President in one single year has spent more--than the cost of ALL WARS combined in United States History!
It is estimated that each & every household in America today is in debt $100,000 to the Federal Government's tab.
How's all that hopey & changey workin for ya?--
450 BILLION for 9000 earmarks that Bush refused to sign--
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