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Thread: Breaking: Agreement has been reached on raising the debt limit....

  1. #221
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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    You mean Liberal spending like we had during these years of Republican budgets which generated these deficits?

    2004: 595,821,633,587
    2005: 553,656,965,393
    2006: 574,264,237,492

    2007: 500,679,473,047
    Yes, both parties have overspent. That's why we need a balanced budget amendment. I'm sure you'll agree that the amendment would be a good thing. Right?

  2. #222
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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    think any of those deficits matter today with Obama's trillion dollar deficits?
    WTF?? You whine daily about the debt but you don't think that $2.2T added by Republican budgets matter today?

    Oops, forgot I was talking to a devout partisan. Never mind.

    Quote Originally Posted by Conservative View Post

    no matter how you spin it, Obama is making Bush look good.
    Only to Bush cultists.

    After 29 months in office, Obama lost 2.4 million jobs; Bush lost 3.4 million jobs.

    That makes Bush look good, right?

  3. #223
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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    WTF?? You whine daily about the debt but you don't think that $2.2T added by Republican budgets matter today?

    Oops, forgot I was talking to a devout partisan. Never mind.


    Only to Bush cultists.

    After 29 months in office, Obama lost 2.4 million jobs; Bush lost 3.4 million jobs.

    That makes Bush look good, right?
    Bush isn't on the ballot in 2012 but you keep bringing him up. It will be the Obama record that matters not what Bush did or didn't do. Bush didn't spend over a trillion dollars in a stimulus and TARP spending to create a net job loss but that is ok, keep drinking the kool-aid.

    Recession ended June 2009 and yet fiscal year 2011 first qtr GDP .4% and second qtr. 1.3% which is the preliminary number. Those are a success in the liberal world?

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

  4. #224
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    Re: Obama: We have a deal

    Quote Originally Posted by LesGovt View Post

    Yes, both parties have overspent. That's why we need a balanced budget amendment. I'm sure you'll agree that the amendment would be a good thing. Right?
    No, I don't. What happens in years like 2008 and 2009 when a recession wreaks havoc on the budget? We're supposed to be forced by the Constitution to cut much needed spending during a recession? That would surely doom the economy.

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    Re: Obama: We have a deal

    Get with the program, man! We're supposed to pretend that the world was created the day Obama took office. And look what he did! His first month the economy lost over 700,000 jobs!!

  6. #226
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    Get with the program, man! We're supposed to pretend that the world was created the day Obama took office. And look what he did! His first month the economy lost over 700,000 jobs!!
    We lost a lot of jobs in 2008 and yet Bush still had a net job gain. Obama's employment and unemployment record today is worse than when he took office and before he implemented his stimulus plan. You want to judge Bush simply by 2008 but ignore what Obama has done over two years after the end of the recession he inherited.

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    No, I don't. What happens in years like 2008 and 2009 when a recession wreaks havoc on the budget? We're supposed to be forced by the Constitution to cut much needed spending during a recession? That would surely doom the economy.
    Oh, I think there could be emergency escape hatches in the amendment. If there were, would you now support it?

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    Re: Obama: We have a deal

    Quote Originally Posted by LesGovt View Post
    Oh, I think there could be emergency escape hatches in the amendment. If there were, would you now support it?
    The exceptions would have to be specific, rather than general - in a time of declared war, for example.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    We lost a lot of jobs in 2008 and yet Bush still had a net job gain. Obama's employment and unemployment record today is worse than when he took office and before he implemented his stimulus plan. You want to judge Bush simply by 2008 but ignore what Obama has done over two years after the end of the recession he inherited.
    Not at all. I want to focus on what Obama has done under the circumstances that he was facing. If you think he could have done better, I'm very curious to know what you think he SHOULD have done differently?

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    Re: Obama: We have a deal

    Quote Originally Posted by LesGovt View Post

    Oh, I think there could be emergency escape hatches in the amendment. If there were, would you now support it?
    No, because there are to many "emergency escape hatches" which render it pretty useless. Could be anything from a recession, to a war, to extreme weather conditions, to a stock market crash.

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