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Old 10-17-2010, 01:25 PM
 
Location: Unperson Everyman Land
38,642 posts, read 26,374,838 times
Reputation: 12648

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The United States racked up a $1.29 trillion deficit in fiscal year 2010, the federal government said Friday. While that is historically high, it's not as high as the $1.42 trillion registered for 2009, which was the largest on record as a percentage of the economy since 1945. In real dollar terms, the 2009 gap was the largest ever.


FY2010 deficit: $1.3 trillion, Treasury says - Oct. 15, 2010
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Old 10-17-2010, 01:45 PM
 
Location: Chicagoland
41,325 posts, read 44,940,832 times
Reputation: 7118
Shhhh, shhhhhh. Obama and his supporters would like this little piece of news to go bye-bye.
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Old 10-17-2010, 01:47 PM
 
45,226 posts, read 26,437,203 times
Reputation: 24980
It's all good when Obama does it.
Obama and his Dem led congress are spending us out of economic destruction.

Last edited by Frank DeForrest; 10-17-2010 at 01:57 PM..
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Old 10-17-2010, 01:49 PM
 
5,341 posts, read 6,521,646 times
Reputation: 6107
Quote:
Originally Posted by sanrene View Post
Shhhh, shhhhhh. Obama and his supporters would like this little piece of news to go bye-bye.
The liberal mindset in this country is the biggest problem today. Not one person from the left has been able to discuss and debate the actual points that the moderates and conservatives have made about the actions and policies of the current administration. They can't because they know that Obama is the single worst president in the history of the country and his policies have failed and are actually making things worse. Unemployment is just one example. So all the left can do is start name calling, which is exactly what has happened.

This is why the left only gets a brief bit of power and then the country snaps back to reality and votes in a moderate or conservative and just plain common sense.
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Old 10-17-2010, 01:50 PM
 
Location: Raleigh, NC
20,054 posts, read 18,281,090 times
Reputation: 3826
Bush's fault?
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Old 10-17-2010, 01:52 PM
 
Location: Unperson Everyman Land
38,642 posts, read 26,374,838 times
Reputation: 12648
Quote:
Originally Posted by Mouser View Post
The liberal mindset in this country is the biggest problem today. Not one person from the left has been able to discuss and debate the actual points that the moderates and conservatives have made about the actions and policies of the current administration. They can't because they know that Obama is the single worst president in the history of the country and his policies have failed and are actually making things worse. Unemployment is just one example. So all the left can do is start name calling, which is exactly what has happened.

This is why the left only gets a brief bit of power and then the country snaps back to reality and votes in a moderate or conservative and just plain common sense.

That's only because Teabaggers are all on welfare.
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Old 10-17-2010, 01:56 PM
 
Location: La lune et les étoiles
18,258 posts, read 22,530,120 times
Reputation: 19593
Quote:
Originally Posted by Mouser View Post
The liberal mindset in this country is the biggest problem today. Not one person from the left has been able to discuss and debate the actual points that the moderates and conservatives have made about the actions and policies of the current administration. They can't because they know that Obama is the single worst president in the history of the country and his policies have failed and are actually making things worse. Unemployment is just one example. So all the left can do is start name calling, which is exactly what has happened.

This is why the left only gets a brief bit of power and then the country snaps back to reality and votes in a moderate or conservative and just plain common sense.
Maybe if the Right Wingers would have conversations instead of spewing blatant falsehoods and hate speech we could have a real discussion about the issues.
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Old 10-17-2010, 02:38 PM
 
Location: Chicagoland
41,325 posts, read 44,940,832 times
Reputation: 7118
Quote:
Originally Posted by calipoppy View Post
Maybe if the Right Wingers would have conversations instead of spewing blatant falsehoods and hate speech we could have a real discussion about the issues.
Ok, I'll bite for once. What is blatantly false about this thread and the article?

Do you realize that obama's budget for last will create $1 Trillion dollar deficits every year for the next ten?

Is that false? Can you debate just that one point?
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Old 10-17-2010, 03:07 PM
 
5,341 posts, read 6,521,646 times
Reputation: 6107
Quote:
Originally Posted by calipoppy View Post
Maybe if the Right Wingers would have conversations instead of spewing blatant falsehoods and hate speech we could have a real discussion about the issues.
Well maybe if Obama did the job he was elected to do

Let's look at a few things he has done


OBAMA doubled the national debt, which had taken more than two centuries to accumulate, in one year

OBAMA has proposed to double the debt again within 10 years

OBAMA criticized a state law that he admitted he never even read

OBAMA joined the country of Mexico and sued a state in the United States to force that state to continue to allow illegal immigration

OBAMA put 87000 workers out of work by arbitrarily placing a moratorium on offshore oil drilling on companies that have one of the best safety records of any industry because one company had an accident


OBAMA is the first President to need a TelePrompter installed to be able to get through a press conference, this is more proof of how inept he is on his own and is really controlled by smarter men behind the scenes

OBAMA reduced retirement plan's holdings of GM stock by 90% and given the unions a majority stake in GM


OBAMA gave Gordon Brown a set of inexpensive and incorrectly formatted DVDs, when Gordon Brown had given him a thoughtful and historically significant gift

OBAMA gave the Queen of England an iPod containing videos of his speeches

OBAMA bowed to the King of Saudi Arabia

OBAMA filled his cabinet and circle of advisers with people who cannot seem to keep current in their income taxes

OBAMA burned 9,000 gallons of jet fuel to go plant a single tree on Earth Day

OBAMA okayed Air Force One flying low over millions of people followed by a jet fighter in downtown Manhattan causing widespread panic

OBAMA failed to send relief aid to flood victims throughout the Midwest with more people killed or made homeless than in New Orleans

OBAMA has created the position of 32 Czars who report directly to him, bypassing the House and Senate on much of what is happening in America

OBAMA ordered the firing of the CEO of a major corporation, even though he had no constitutional authority to do so

So, tell me again, what is it about Obama that makes him so brilliant and impressive? Can't think of anything? Don't worry. He's done all this in a very short time -- so you'll have some time to come up with an answer.

Every statement is factual and directly attributable to Barrack Hussein Obama. Every bumble is a matter of record and completely verifiable.

He clearly does not have Americas best interest at heart
his Character and his Policies have proven this with out a doubt !
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Old 10-17-2010, 03:41 PM
 
29,939 posts, read 39,461,121 times
Reputation: 4799
Quote:
The Obama administration is projecting that the deficit for the 2011 budget year, which began on Oct. 1, will climb to $1.4 trillion. Over the next decade, it will total $8.47 trillion.
Government to Report on $1 Trillion-Plus Deficit - ABC News
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