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Old 11-25-2009, 10:31 AM
 
Location: Chicagoland
41,325 posts, read 44,966,939 times
Reputation: 7118

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Obama Shatters Spending Record for First-Year Presidents - FOXNews.com

Quote:
The federal government spent $3.5 trillion during President Obama's first year in office. This far exceeds the spending for any other first-year president.


In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison.

But compared with other presidents' first years in office, Obama is running circles around them.
Truly amazing. Isn't this the guy that promised fiscal restraint? That promised that he wouldn't be spending our kids and grandkids futures?

Last edited by sanrene; 11-25-2009 at 11:06 AM..
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Old 11-25-2009, 10:38 AM
 
23,838 posts, read 23,138,171 times
Reputation: 9409
Quote:
Originally Posted by sanrene View Post
Obama Shatters Spending Record for First-Year Presidents - FOXNews.com



Truly amazing. Isn't this the guy that promised fiscal restraint? That promised that he wouldn't be spending our kids and grandkids futures?
"You never want a serious crisis to go to waste." - Rahm Emanuel, November 2008

Fast forward a year, and there is certainly no denying that this was the mantra carried forward by the Obama Administration. One could argue that some sort of stimulus was necessary (targeted, and specific, not the stimulus Obama pushed forward), but it in utter contempt for the nation, this Administration continues spend money on other issues that don't have to be resolved by tomorrow. In other words, Obama and his cronies felt that they had a political mandate to do whatever they wanted, and our grandkids will be paying immensely because of it. This is the reason Democrats will get the boot in 2010/2012. Bet on it.
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Old 11-25-2009, 10:38 AM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,316,883 times
Reputation: 4894
You beat me to this one Sanrene.

His promise was to run the government like you run your household budget.

He stated this in many debates over and over again that he would be fiscally responsible.

The label "Spender in Chief" applies to him.

And to think all that spending has not fixed a single thing, only has made things worse.

He is setting one record after another.

I have asked for a single major accomplishment from his followers here and of course never get any answers other then the DOW is looking good.

Obama is the gift that keeps on giving.
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Old 03-05-2010, 11:26 AM
 
938 posts, read 1,231,034 times
Reputation: 185
hey Clarence, do you think ANY of Obama's policies have taken affect yet? he can't take credit for any job growth then because it will take YEARS before his decisions take affect right? .,
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Old 03-05-2010, 11:30 AM
 
Location: On Top
12,373 posts, read 13,201,005 times
Reputation: 4027
He didn't take office with a 200 BILLION surplus and turn it into a disaster....BUSH did that.
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Old 03-05-2010, 11:35 AM
 
Location: Raleigh, NC
20,054 posts, read 18,293,964 times
Reputation: 3826
Quote:
Originally Posted by meson View Post
He didn't take office with a 200 BILLION surplus and turn it into a disaster....BUSH did that.
Damn, you beat me to Bush's fault
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