- Sep 19, 2011
- 28,729
- 10,269
- 900
Ok, we're done. You're simply too fucking insane to converse with. You have to have your head so far up your ass that you can see what you had for lunch to make the mind-numbing claim that Obama had "NO EVENTS" as big as Bush as though the Great Recession either didn't happen or as though it wasn't as big as every other event under George Bush combined.Again Obama had NO EVENTS ever equal to what happened during GWB that contributed to the GWB's deficits.You're lying again.... quote me saying Obama's expenditures did not exceed revenue or expose you have a reading comprehension problem.Oh, and I forgot, you're lying again claiming TARP expenditures were $620 billion. As you were shown with your one link, TARP appropriations were capped at $475 billion and the total amount dispersed was $439 billion.So Obama then BENEFITTED from TARP Payback making his deficits even worse!
And I agree with you regarding Bush own vast majority of deficit!
Do you remember this event?
I'm sure you don't!
9/18/08 economic attack that caused the TARP expenditure of $620B all has been paid back PLUS a $70B profit.
If they had not done that, their estimation was that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed.
It would have been the end of our economic system and our political system as we know it...
How the World Almost Came to an End on September 18, 2008 | Seeking Alpha
Hence THIS budget deficit INCREASE. BUT guess what happened to dummy Obama ? HE spent even more with NO events equal to any that occurred during GWB!
But you just can't stop lying about that, can you?
Hey... no more then you are lying about Obama's expenditures exceeded revenue!
I would think you would understand that I'm showing Obama MORE money in revenue and you are arguing against THAT!
OK... NOT a problem. Sure... ONLY $475 Billion paid out. THEN WHY even with then LESS money used by GWB then I'm saying Obama continued to run up
MORE spending?
Hey I have NO problem in reducing TARP expenditures CHARGED against Bush!
This just makes Obama looking even WEAKER! As now he has even less money spent on TARP then I was stating.
So fine... LET's use your figures. $439 billion dispersed under Obama and ALL of it paid back under Obama PLUS $70B in profit!
GEEZ that makes it even worse! Thanks!
And again, no, TARP did not shell out $475 billion. I just fucking told you, total outlays equaled $439 billion. And that is in your own link. Did you not bother to read your own link or did you not understand it?
![]()
So 5,000 people killed in 9/11 and worst hurricane SEASONS equal one minor recession?
So tell me about the "GREAT RECESSION" countering these experts observations!
BREAKING DOWN 'The Great Recession'
The term "Great Recession" is a play on the term "Great Depression."
The latter occurred during the 1930s and featured gross domestic product (GDP) decline in excess of 10% and an unemployment rate that at one point reached 25%.
While no explicit criteria exists to differentiate a depression from just a bad recession,
there is near-consensus among economists that the late-2000s downturn, during which the U.S. GDP declined by 0.3% in 2008 and 2.8% in 2009, and unemployment briefly touched 10%, did not reach depression status.
However, the event being unquestionably the worst economic downturn in the intervening years,
the term accurately conveyed its severity by invoking such a well-known economic calamity.
The Great Recession
BUT no ONE died!
How much property and market value was tossed in
The events that occurred?
Well let's see again the statements by experts:
The Worst Disasters In US History
HMMM... don't see ANYTHING from 2009 to 2016!
BUT no other presidency in HISTORY except GWB had more then 1 event... GWB had the 4th worst and the 8th worst...all in a span of just 7 years!
NO president had ever faced these disaster and YOU laughingly want to consider the phony "great depression" equal???
GEEZ how sad