Another Obama Record!… Four Straight Years of Trillion Dollar Deficits (Congress, Barack Obama)

[jt800]

Barack Obama is the first US president in history to run four straight years of trillion dollar deficits.

No one has even ever come close to that record.



The Washington Times reported:

The federal government notched a $1.1 trillion deficit in fiscal year 2012 — the fourth straight year over $1 trillion — according to a preliminary estimate that the Congressional Budget Office released Friday.


That’s still an improvement over 2011, when the deficit reached $1.3 trillion, and it marks the lowest deficit of President Obama’s four years in office.


The CBO report said the better picture was due to higher revenue from taxes. Spending was about the same in 2012 as it was a year earlier.


The government ended the fiscal year on a very positive note, posting a $75 billion surplus for the month of September — just the second monthly surplus since the Wall Street collapse in September 2008, when President George W. Bush was still in office.

Barack Obama is the worst jobs president since the Great Depression.

Barack Obama owns the largest four deficits in history.

Barack Obama added $5 trillion to the US debt in just over three years – another record.

The GDP is sliding each quarter – this last quarter the GDP slid to 1.5%.

[jt800]

Remember when running up huge deficits and putting it on a "credit card" was UNPATRIOTIC????



Just one more example of Obama's words having an expiration date on them

[bluesjuke]

If it was unpatriotic then at this extent it's treasonous.

[jt800]

Originally Posted by bluesjuke

If it was unpatriotic then at this extent it's treasonous.

+1 LOL

[jt800]

GEE...another thread that Liberals won't go near...I wonder why?

[revrandy]

Originally Posted by jt800

GEE...another thread that Liberals won't go near...I wonder why?

Because it gets tiring responding to a paid Romney poster.

[Arus]

because its utter nonsense, when half of the issues is taking care of the GOP's mess

[JimRom]

Originally Posted by Arus

because its utter nonsense, when half of the issues is taking care of the GOP's mess

Isn't that the job he supposedly signed up for? I seem to remember Obama saying he was going to fix things. But I guess it's easier to blame it on the other guys than it is to admit that Obama didn't follow through.

[jt800]

Originally Posted by Arus

because its utter nonsense, when half of the issues is taking care of the GOP's mess

Ummmm.......how did Bush or the GOP cause Obama to spend over a trillion dollars in 2012?

PS: Voters Blame Obama For Economy - Not Bush

[jt800]

Originally Posted by JimRom

Isn't that the job he supposedly signed up for? I seem to remember Obama saying he was going to fix things. But I guess it's easier to blame it on the other guys than it is to admit that Obama didn't follow through.

I doubt it will happen, but just imagine if Obama won re-election.....

Will he and the Liberals blame Obama for the mess he left himself?