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Thread: Obama Shatters Spending Record for First-Year Presidents

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    Obama Shatters Spending Record for First-Year Presidents

    I'm not posting this to rake Obama over the coals, because I realize that President Bush also had a hand in this. The reason I posted this is because this kind of government spending must come to a halt now, before it's too late.


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

    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.

    President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.

    In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.

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

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    Re: Obama Shatters Spending Record for First-Year Presidents

    What is scary is that government seems to be saying, "You ain't seen nothin' yet."

    Let them take over healthcare, and see what spending looks like then.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Quote Originally Posted by Erod View Post
    What is scary is that government seems to be saying, "You ain't seen nothin' yet."

    Let them take over healthcare, and see what spending looks like then.
    Then throw in the Cap & Trade bill, and you've got a government spending bonanza of epic proportions.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    What will Obama Cost the Nation? - HUMAN EVENTS

    They already had this clown pegged in 2008.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Want to know not how much he's spending but why?
    http://www.discoverthenetworks.org/g...asp?grpid=6967

    And watch; Interview - [ame="http://www.youtube.com/watch?v=yTbdnNgqfs8"]YouTube- Interview - Confessions of an Economic Hit Man - Part I[/ame]

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Why blame him? He inherited from Bush 8 years of screw-ups and he had to jump-start before matters got worse.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Quote Originally Posted by RDS View Post
    Why blame him? He inherited from Bush 8 years of screw-ups and he had to jump-start before matters got worse.
    This is a tired uninformed typical Obama disciple reark that ignores the truth.
    Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.

    Omams is not trying to fix anything hes all bout destruction of the economy because it's part of the Cloward and Piven strategy for Socialism.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    What happen to RDS?





    *crickets*
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Quote Originally Posted by Grim17 View Post
    I'm not posting this to rake Obama over the coals, because I realize that President Bush also had a hand in this. The reason I posted this is because this kind of government spending must come to a halt now, before it's too late.
    This pains me to say...but I agree with this pretty much entirely. No president has been serious enough about deficit and debt reduction, and that needs to change, now. Spending needs to be cut, and it needs to be cut everywhere. Nothing sacred, nothing exempt. When the economy improves and we can do it, we need to look at ways to raise revenue until the deficit and debt are under control.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama Shatters Spending Record for First-Year Presidents

    Quote Originally Posted by Redress View Post
    This pains me to say...but I agree with this pretty much entirely. No president has been serious enough about deficit and debt reduction, and that needs to change, now. Spending needs to be cut, and it needs to be cut everywhere. Nothing sacred, nothing exempt. When the economy improves and we can do it, we need to look at ways to raise revenue until the deficit and debt are under control.
    Congress is blameless? Who controls taxing and spending on the federal govt?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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