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Old 06-06-2009, 02:40 PM
 
Location: Chicagoland
41,314 posts, read 39,488,977 times
Reputation: 7107

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Right. Cuz you say so. I think I'll believe the CBO and obama's very own economic team.

Of course, you can continue to call him and his team liars in order to mount your lame defense of his humongous deficit spending.
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Old 06-06-2009, 02:41 PM
 
2,659 posts, read 2,568,516 times
Reputation: 366
Quote:
Originally Posted by mhouse2001 View Post
So, to sum things up between you two, Obama's deficit is only slightly worse than Bush's. How would anyone have thought it would be different? Or how would anyone have expected it to be zero? It's very hard to turn this racing train of an economy around, it needs a lot of track.

Even the unemployment figures from the Bush years were calculated differently. Every administration seems to tweak the numbers to their advantage. Why are we wasting out time, as in sanrene's case, placing blame on only one head of this two-headed monster? The situation sucks. People are out of work. We are broke as a nation and were broke before Bush left office. Anyone got any ideas or do you just want to stroke your ego and say "I told you so" and "I hate Obama"?
I wouldn't say Obama's budget is worse.
I support the increased transparency and the stimulus.
It's better in fact, if you want a subjective account.

But yeah, you've got a fairly decent summary.
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Old 06-06-2009, 02:45 PM
 
2,659 posts, read 2,568,516 times
Reputation: 366
Quote:
Originally Posted by sanrene View Post
Right. Cuz you say so. I think I'll believe the CBO and obama's very own economic team.
What does Obama's economic team have to do with Bush's false deficit figure.

If you really want to prove me wrong, you can actually LOOK AT BUSH'S BUDGET.
http://www.gpoaccess.gov/usbudget/fy...get/tables.pdf

Find me the cost of the wars.

Or are you trying to make the claim that the war's cost is new?
Your graphic makes that claim by accepting the fake deficit number.

Here, this will help:
Quote:
Why is a supplemental request the budget vehicle of choice? Because as an emergency measure, it doesn't count against the budget ceiling that Congress adopts to guide spending, and therefore isn't figured into government estimates of our annual budget deficit. So, for the last four years, these emergency spending bills have helped President Bush obscure the true cost of the war.
http://www.boston.com/news/globe/edi...r_of_disguise/

Last edited by compJockey; 06-06-2009 at 03:28 PM..
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Old 06-06-2009, 05:20 PM
 
Location: Texas...and proud of it.
746 posts, read 845,270 times
Reputation: 164
Quote:
Originally Posted by sanrene View Post
Employment Situation Summary





Check out this chart; Take note - this chart was used by obama's economic team to market the stimulus. The "dots" are the actual numbers, which clearly show how wrong they are/were.



The obama-media is in full spin mode.

Hot Air » Blog Archive » Unemployment up to 9.4%
How do you prove "saved jobs"? Can't be done. Just another bogus leftist lie by the left. The unemployment numbers do not show the people that are dropped off the list since they can not get benefits now. The real number is probably closer to 18%.
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Old 06-06-2009, 06:30 PM
 
69,372 posts, read 55,334,093 times
Reputation: 9358
Quote:
Originally Posted by compJockey View Post
What does Obama's economic team have to do with Bush's false deficit figure.

If you really want to prove me wrong, you can actually LOOK AT BUSH'S BUDGET.
http://www.gpoaccess.gov/usbudget/fy...get/tables.pdf

Find me the cost of the wars.

Or are you trying to make the claim that the war's cost is new?
Your graphic makes that claim by accepting the fake deficit number.

Here, this will help:

On war costs, Bush is master of disguise - The Boston Globe
We already know that the budgets did not include the "wars", no need to keep repeating it over and over again. But tell me how adding a couple of hundred billion onto the budget you get TRILLIONS in new deficits. Answer, because of OTHER spending IN ADDITION to the war..
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Old 06-06-2009, 06:49 PM
 
Location: AL
2,477 posts, read 2,268,162 times
Reputation: 1007
He out sourced them to his peaceful Muslim friends in Egypt
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Old 06-06-2009, 08:34 PM
 
554 posts, read 2,023,759 times
Reputation: 299
Quote:
Originally Posted by LIS123 View Post
Good post. Economics is a Science where there are policy measures that promote growth and policy measures that impede growth. (D) party policies impede growth: higher taxes, more unions, bigger Government, more regulation, restricted trade, etc.

Obama is promoting the classic anti-growth policies and I predict that his anti growth policies will lead to a weaker Economy (as they already have thus far).
A weaker economy is one thing, however, I believe we are heading for a depression. The entire world resisted the huge budget that he passed and where is all this money coming from? This is one question the libs can't wrap their minds around. It bothers me as I see our future prosperity slipping away. Even Obama himself said our country was broke. Well no wonder dude, you overspent like some mindless boob with a stolen credit card.
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Old 06-06-2009, 08:38 PM
 
4,176 posts, read 5,467,458 times
Reputation: 1849
Quote:
Originally Posted by SouthernBelle3 View Post
A weaker economy is one thing, however, I believe we are heading for a depression. The entire world resisted the huge budget that he passed and where is all this money coming from? This is one question the libs can't wrap their minds around. It bothers me as I see our future prosperity slipping away. Even Obama himself said our country was broke. Well no wonder dude, you overspent like some mindless boob with a stolen credit card.
Great post. While funny (yet sad), it was frustrating to see Obama lamenting deficits and debt in light of the fact that HE just QUADRUPLED the 2009 deficit and is increasing the national debt to unseen levels. The 2009 debt was estimated to be around $ 570 Billion in Inauguration day (1-20-09) and the estimate now is near $ 2 Trillion.

It's scary to see people (including the media) cheerlead for this stuff while it is going to hurt ALL of us. It's frustrating to listen to people defend an Administration that is hurting their own lives.
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Old 06-06-2009, 08:44 PM
 
Location: a bar
2,563 posts, read 5,034,044 times
Reputation: 2640
Quote:
Originally Posted by SouthernBelle3 View Post
Well no wonder dude, you overspent like some mindless boob with a stolen credit card.
Unfortunately we're a nation of mindless boobs, spending like there's no tomorrow. Our 'buy now, pay later' mentality is one of the reasons we're in the mess we're in.
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Old 06-06-2009, 08:51 PM
 
Location: Chicagoland
41,314 posts, read 39,488,977 times
Reputation: 7107
Quote:
Unfortunately we're a nation of mindless boobs, spending like there's no tomorrow.
Um, no. People have STOPPED spending, that is the problem. And they are not likely to rev the spending back up when they are unsure of how many new taxes obama is going hit them with - health care, cap and trade. There is just no way to pay for all his ideas - taxing the "rich" will get him nowhere close to closing the gap. That means his "promise" of taxes will go down the shi**er as well as the economy.
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