The ghost of Jack Kevorkian for President's Physician: 2016
<The U.S. federal government's fiscal year begins on October of the previous calendar year and ends on 30 September of the year with which it is numbered>
<The United States federal budget for fiscal year 2009 began as a spending request submitted by President George W. Bush to the 110th Congress. The final resolution was approved by the House on June 5, 2008.]>
Last edited by Donc; 01-02-13 at 08:31 PM.
The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say
Meanwhile Hollywood gets their tax break, meant to encourage filming in the US, extended for another year costing the gov't $430 mil in revenue. I wonder how that happened?
Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger. ― Ron Paul
Timid men prefer the calm of despotism to the tempestuous sea of Liberty. Thomas Jefferson
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
But the majority of the American electorate apparently don't mind being trillions of dollars in debt, where the slightest increase in interest rates will quicken the pace of decline and where the only remedy is a sudden stop. People will always have to pay for their ignorance.
Dems wanted those increases and more, they just didnt want the blame for the spending.
Here's yet another Right wing think tank who also agrees the deficits were "baked in the cake" before Obama even took office.
The fact that this comes as some kind of shock to you makes it clear you haven't examined the economic policies of all GOP Presidents since Reagan. They leave HUGE defcits.
Having said that, it is impossible to look at the chart and not to see a large ramp up in outlays under George W. Bush the president who reversed the direction of federal outlays, which had been falling. Indeed, it is perfectly reasonable to argue that much of the responsibility for 2009s 25.2 percent rests with President Bush, and not with President Obama; in January 2009, before President Obama took office, the CBO released its forecast that fiscal year 2009 would see outlays of 24.9 percent of GDP based on pre-Obama policies.
Yep, Obama's a Big Spender...Just Like His Predecessors - Forbes
Romney would have had to break a 100 year "curse" of Republican Presidents to make good on his employment pledge. Every single newly elected GOP President has had a recession in his 1st term throughout the ENTIRE 20th and 21th century. I'm glad we didn't decide to take that chance.
Thats the passive agressive of the liberal argument on budgeting: they want spending increases, but they dont want the responsibility for them. Who had control of the house and senate? Who passed the budget? Who increased the budget Bush submitted by 400 billion? Who signed that budget?
Appeals to authority where you let someone else do your thinking for you arent going to sway me. Quit trying to frame the debate and try answering the questions Im asking. That will give you answers you dont like so your interest in answering them is pretty low.