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Thread: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Quote Originally Posted by Conservative View Post
    You seem very confused about the stimulus plan that was needed vs. the one that Obama signed. The only thing Obama stimulated was the growth of govt. and that is unsustainable and did not stimulate the right kind of economic growth.

    Like far too many you confuse TARP and the Stimulus. TARP was spent and most paid back. The stimulus is a Democrat slush fund that has stimulated debt and greater unemployment.

    Liberals haven't a clue as to how our economy works. Stimulus should have gone to the private sector which creates new taxpayers. Govt. spending created new taxpayers that were offset by taxes on the American people who pay their salaries.

    I doubt you will ever understand that reality.
    People with PHDs in economics on both sides of the isle disagree with you.

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Quote Originally Posted by NoJingoLingo View Post
    Of course but you missed the point. The repubs here keep saying that this spending is Obama's but really it's just fixing what their guy broke.

    The problem is that Obama can't fix it because he can't shut down the corporate interests that rule our government. He can't make the repubs come to the table and work in a bipartisan fashion. He can't force the corpracongress to pass regulations.

    The only argument on this I could agree with is that he should have tackled small business and small bank issues at the same time instead of waiting so long to get on that part.
    What exactly did "our" guy break? What legislation or initiative did "our" guy implement that led to the economic problems we have today?

    Obama's Party had a super majority in Congress and passed legislation that hasn't accomplished a thing, yet you blame Bush. It was the Obama Budget in 2010 that will create a 1.6 trillion deficit. Where is your outrage?

    It is the Obama economic plan that caused 1.1 million people to drop out of the labor market, where is your outrage?

    It is the Obama economic plan that led to 15 million unemployed Americans, where is your outrage?

    The only thing you can do is divert to the past simply to run from the Obama agenda.

    Still waiting for exactly what it is that Obama has done that has improved this country?

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Quote Originally Posted by Conservative View Post
    Of course Govt. policies have influence over the private sector. Reagan knew that thus cut taxes and unleased the American initiative and spirit. You weren't old enough to even understand.

    What exactly is corporate welfare? What part of this private sector is made up of corporations? The vast majority of this country is small businesses NOT corporations that you hate although corporations employ people, corporations pay taxes, corporations fund charities. You want to focus on the bad that some PEOPLE inside corporations do but overall our system works.

    It isn't working now because Obama doesn't understand what drives the U.S. economy. He is building the public sector and that is unsustainable. The affects of the Obama stimulus plan are evidence that you don't have a clue. GDP has grown but not govt. revenue, explain? Unemployment is worse now than before the stimulus. The deficits are setting records and Obama will double the debt to over 21 trillion.

    Better wake up, Disneydude, that the education you received or are receiving is making you look foolish.
    If you think the failed Republican economic policies are the model that we should follow....then it is YOU who is looking foolish.
    Reagonomics left this Country with Huge deficits. Bush took that to a whole other level.
    The reality that you guys don't understand is that giving money to big companies and "hoping" that they will pass it on down the line...." doesn't work. Corporations are not altruistic entitites.
    But I think that the GOP actually DOES understand this....they and you just don't care. Let the rich get rich and screw everyone else. That is is the foundation of the Republican party.
    You say that investment in the public sector doesn't work? Take a look at the new deal...it is what brought us out of great depression. Do you not know that? Or is it convenient to overlook it.

    Oh...and BTW...you keep insinuating that I am too young to understand Reaganomics? Sorry Dude....but I voted for Reagan. The one political mistake that I've always regretted.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    critics of obama talk about obama

    "supporters" of obama talk about bush

    "supporters" of obama can't talk about obama

    if you talk about obama, the only stuff you can say is bad

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    disneydude;1058604948]If you think the failed Republican economic policies are the model that we should follow....then it is YOU who is looking foolish.
    Reagonomics left this Country with Huge deficits. Bush took that to a whole other level.
    Get off the Reagan bashing and pay attention to what is happening today. Obama will create more debt than Bush and Reagan combined. Where is your outrage?


    The reality that you guys don't understand is that giving money to big companies and "hoping" that they will pass it on down the line...." doesn't work. Corporations are not altruistic entitites.
    Corporations are a small part of the U.S. Economy but easy to bash because you think they are faceless. Corporations employ people that drive the U.S. Economy. Govt. creates employees that the taxpayer pays for. You don't seem to understand the difference.

    But I think that the GOP actually DOES understand this....they and you just don't care. Let the rich get rich and screw everyone else. That is is the foundation of the Republican party.
    Conservatives don't care how much money even you make. When you make money do you screw someone else?

    You say that investment in the public sector doesn't work? Take a look at the new deal...it is what brought us out of great depression. Do you not know that? Or is it convenient to overlook it.
    How easy it is for you to ignore what the New Deal Did. It created SS which was never intended to be collected. It created massive entitlement programs that we are paying for today and because of changes to those programs are bankrupting the country. Medicare for example was added to SS.


    Oh...and BTW...you keep insinuating that I am too young to understand Reaganomics? Sorry Dude....but I voted for Reagan. The one political mistake that I've always regretted.
    If you truly voted for Reagan then tell me how the Reagan economic policy hurt you or your family?

    Reagan took over an economy much worse than anything we have today, rising unemployment, double digit interest rates, double digit inflation, and a malaise that we are starting to see again today. Obama has done nothing to stimulate the private sector and generate enthusiasm from the public. He has grown the size of govt. to levels never seen before and his rhetoric brainwashes some very good people, you included.

    Your tag line is interesting, tell me what Obama has done that has returned respect to the WH?

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Let's just be realistic for a moment... reality is this will be much higher than the 1.2 Trillion ... probably 2x to 4x that amount. Since when did anything the Government touch come in UNDER the estimate?

    We're ****ered boyo's...
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Quote Originally Posted by Conservative View Post
    Where is your outrage?
    There never was any outrage, C. All political poppycock and game playing. Like so many issues both here and abroad, the Left deafens us with their silence, their outrage was engineered, media inspired, and thus selective.

    tell me what Obama has done that has returned respect to the WH?
    He's about as Presidential as my Golden Retriever. He's an amateur at best. His Blair House Summit so telling, THAT is Obama's role. The mediator. The liason. The Community Organizer. The man who can pull the talent together, he's not the talent, no far from it. He's the moderator. The compromiser, The cheer leader. He's not a decision maker, not a leader. He's the clown at the rodeo........just kind of making sure noone gets hurt, swerving the bull's attention from the fallen rider, entertaining the public with his dog and pony shows, and the most important analogy, many observers less experienced, less knowledgable, believe the clown is real....that the clown is the entertainment...that the clown is running the show. Cause to the less aware, it does seem like the clown is in charge. Like he knows what he's doing. Or doing next. Like he's got a plan rather than reacting or improvisation as so many clowns do so well.
    It was the Austrasians, that hewed on bravely through the thick of the fight, it was they who found and cut down the Saracen King.

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    he'd be nowhere without that damned CHIN

    he's at least 80% CHIN

    problem is, america is getting puke-sick of that CHIN

    he's used it way too much

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    Quote Originally Posted by Conservative View Post
    What exactly did "our" guy break? What legislation or initiative did "our" guy implement that led to the economic problems we have today?
    It's been played out in many threads... it started with Reagan.

    Obama's Party had a super majority in Congress and passed legislation that hasn't accomplished a thing, yet you blame Bush. It was the Obama Budget in 2010 that will create a 1.6 trillion deficit. Where is your outrage?
    Again, people with an education in economics disagree with you, but I understand if you can't bear to believe those elitists.

    It is the Obama economic plan that caused 1.1 million people to drop out of the labor market, where is your outrage?

    It is the Obama economic plan that led to 15 million unemployed Americans, where is your outrage?
    No it's not, that train left the station under Bush and it's the current admin that has been slowing it down.
    Besides, it's the policies carried forward from Reagan that has caused the unraveling of our economy.

    The only thing you can do is divert to the past simply to run from the Obama agenda.
    It's no diversion, it's an arrow to draw your attention to the root of the problem but of course, you don't want to see the root of the problem because the seed was sewn by the conservatives.

    Still waiting for exactly what it is that Obama has done that has improved this country?
    Saved us from another great depression.

    And if he brings down unemployment and starts reducing the deficit your ilk will be in big trouble... for a little while at least, the American public has a memory as short as a repubs honesty.

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    Re: US deficit tops Obama forecast by 1.2 trillion dollars: CBO

    critics of obama talk about obama

    "defenders" of obama talk about bush

    and ilks

    LOL!

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