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They are money, taxes that were collected from you and me, that were used my the general fund to pay the bills. That doesn't mean the money you and I paid in vanished. It's the same as putting money in a bank. They don't hire chickens to roost on that money, they put it to work, earn interest and wait for the borrower to repay it. The general fund owes that money.
Yep. YOU do the math...
2010 federal revenue = $2.1 trillion
2010 federal spending = $3.4 trillion (includes SS and Medicare)
Obama has presided over an additional $6 trillion added to the national debt in less than 4 years.
Your fuzzy math is bogus for many reasons, but just a few, that $6T you're hanging on Obama includes the FY 2009 which is in fact bush's budget. Next that $6T includes much of the costs of bush's wars, his unfunded tax cuts, his recession, and his policies like Medicare part D, a huge taxpayer payout to the insurance industry.
Your fuzzy math is bogus for many reasons, but just a few, that $6T you're hanging on Obama includes the FY 2009 which is in fact bush's budget. Next that $6T includes much of the costs of bush's wars, his unfunded tax cuts, his recession, and his policies like Medicare part D, a huge taxpayer payout to the insurance industry.
Your fuzzy math is bogus for many reasons, but just a few, that $6T you're hanging on Obama includes the FY 2009 which is in fact bush's budget.
Sorry, no. Obama took the credit and responsibility for the bailout.
Quote:
"For two weeks, I was on the phone every day with [Treasury] Secretary Paulson and the congressional leadersmaking sure that the principles that have ultimately been adopted were incorporated in the bill," Obama said.
Sorry, no. Obama took the credit and responsibility for the bailout. Candidates say they'll probably support bailout bill - CNN
Which Obama could have ended but didn't.Which Obama could have ended but didn't. Which Obama could have ended but didn't because he was too busy cramming ObamaCare that the majority DIDN'T want down our throatsWhich Obama could have ended but didn't.
Hence... Obama's $6 Trillion increase to the national debt in less than 4 years DWARFS 14 years worth of costs of Bush's wars.
Obama isn't a dictator, he cannot wave his hand and change laws or end program. Congress write laws, Obama can only approve or veto.
What has been the GOP mantra for the last four years, "we cannot raise taxes during a recovery". Hence, extending the tax cuts was your policy.
Obama ends one war but it will take years of spending to re-equip and resupply depleted ammo and equipment. VA medical costs from bush's wars well carry on for decades. If Obama tried to defund troops in the field what would you loons be saying?
Medicare part D??? You got nothing? It created a huge hole in the budget.
You guys are funny, blaming Obama for the costs tied to the recovery from bush's recession is like blaming the mechanic for the damage YOU caused by driving your car without oil.
And finally, FY 2009 belongs to bush, your $6T claim shifts FY2009 into Obama's column.
I was merely expressing my complete and utter frustration at the hyperbole you repeatedly spew. Shirley you aren't trying to limit my freedom of expression, are you?
Maybe you should turn off faux and rush and get yourself an education. You are wrong so often, it is agonizing reading the uninformed nonsense you post ever day.
You do know the election is over, your looney agenda was voted out, you guys lost. And don't call me Shirley.
The rich generate a lot of anger in America. Most feel that they skirt by without paying the price to be an American.
Do you feel that they need to pay a lot more in taxes to fix our economy?
And just what is that price..90% of everything you own ? Would that make the libs happy ?
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