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National Debt Up $3 Trillion on Obama's Watch

Whovian said:
S-T-I-M-U-L-U-S

O-B-A-M-A-C-A-R-E

Blame those on Dubbya.
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About 1/3 of the Stimulus was tax cuts for 95% of Americans and most of Obamacare hasn't kicked in yet. Nice try though.

If you read the link at the OP, you will learn that Obama was handed a deficit of $1.3 trillion from Bush. And unless the policies were drastically changed that was due to be repeated.

(actually the CBS story is proof positive the media isn't liberal)
 
megaprogman said:
When something is actually his fault :shrug:
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You -really- mean to argue that -none- of the deficit/debt he's run up so far is his fault?
How partisan of you.
 
Goobieman said:
You -really- mean to argue that -none- of the deficit/debt he's run up so far is his fault?
How partisan of you.
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I don't see him blaming Bush for the stimulus or lower tax revenues due to the recession.

The lower revenue can't be helped and the stimulus was a good thing :shrug:
 
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pbrauer said:
If you read the link at the OP, you will learn that Obama was handed a deficit of $1.3 trillion from Bush. And unless the policies were drastically changed that was due to be repeated.
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In the first independent analysis, the nonpartisan Congressional Budget Office concluded that President Obama's budget would rack up massive deficits even after the economy recovers, forcing the nation to borrow nearly $9.3 trillion over the next decade.


We await the spin.
 
pbrauer said:
About 1/3 of the Stimulus was tax cuts for 95% of Americans and most of Obamacare hasn't kicked in yet. Nice try though.

If you read the link at the OP, you will learn that Obama was handed a deficit of $1.3 trillion from Bush. And unless the policies were drastically changed that was due to be repeated.

(actually the CBS story is proof positive the media isn't liberal)
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Did you miss this

The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion.

The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012. That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
 
megaprogman said:
I don't see him blaming Bush for the stimulus or lower tax revenues due to the recession.
The lower revenue can't be helped and the stimulus was a good thing
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I'm sorry - you didn't asnwer the question
Do you -really- mean to argue that -none- of the deficit/debt He's run up so far is His fault?
 
I seriously would've preferred that we were the only country without a bailout. Depressions are good for people's characters.
 
Befuddled_Stoner said:
This is purely Obama’s fault and the only way to fix the problem is with MASSIVE tax cuts for the richest 1% of the nation (Vote Republican, it‘ll fix everything!)
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sarcasm alert on...
NO !!! HELL NO !!! make it the richest 10%, I want to be included...
sarcasm alert off...
 
Goobieman said:
I'm sorry - you didn't asnwer the question
Do you -really- mean to argue that -none- of the deficit/debt He's run up so far is His fault?
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I pointed out the ones he is responsible for (except the fault for lower tax revenue is only partially his). I guess initiatives like the new health care law and race to the top should be added to the list.

Race to the top is a waste of money too :(
 
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megaprogman said:
I pointed out the ones he is responsible for (except the fault for lower tax revenue is only partially his). I guess initiatives like the new health care law and race to the top should be added to the list.
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Good to see you will, grudgling, blame The Obama for at least part of debt.
:roll:
 
Goobieman said:
Good to see you will, grudgling, blame The Obama for at least part of debt.
:roll:
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I bit of it yes, but I really wouldn't call it blame as almost all of the spending was necessary. To me, blame implies that he did something wrong (really the biggest blame I have for him, is he hasn't done enough)
 
megaprogman said:
the stimulus was a good thing
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why can't the president pronounce the s-word, why is it suddenly so obscene?

Echo Chamber: The new S-word? - Alexander Trowbridge - POLITICO.com

Just don't call it a 'stimulus' - Alexander Burns - POLITICO.com

why did obtuse obama tell the ny times sunday mag that he only recently discovered THERE'S NO SUCH THING AS A SHOVEL READY JOB?

Obama admission inspires GOP - Scott Wong - POLITICO.com

why are dem incumbents coast to coast desperately trying to distance themselves from obama, reid, pelosi, health care, the "stim" (as bitchy barbara boxer calls it), cap and trade, reg reform...

it is what it is

all told, a disaster, both economically and POLITICALLY

live it, libs, love it, it's all YOURS!
 
megaprogman said:
I bit of it yes, but I really wouldn't call it blame as almost all of the spending was necessary.
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Ah. The "I think it's OK because I think it was necessary" excuse.
Given that, there's no blame for GWB for any of his deficts because all the spending was necessary.
 
The Prof said:
why can't the president pronounce the s-word, why is it suddenly so obscene?

Echo Chamber: The new S-word? - Alexander Trowbridge - POLITICO.com

Just don't call it a 'stimulus' - Alexander Burns - POLITICO.com

why did obtuse obama tell the ny times sunday mag that he only recently discovered THERE'S NO SUCH THING AS A SHOVEL READY JOB?

Obama admission inspires GOP - Scott Wong - POLITICO.com

why are dem incumbents coast to coast desperately trying to distance themselves from obama, reid, pelosi, health care, the "stim" (as bitchy barbara boxer calls it), cap and trade, reg reform...

it is what it is

all told, a disaster, both economically and POLITICALLY

live it, libs, love it, it's all YOURS!
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None of that changes my view that it was a good thing.
 
Goobieman said:
Ah. The "I think it's OK because I think it was necessary" excuse.
Given that, there's no blame for GWB for any of his deficts because all the spending was necessary.
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I don't disagree, if one believes what he did was necessary. Its all opinion of course.
 
megaprogman said:
I don't disagree, if one believes what he did was necessary. Its all opinion of course.
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Wow.. you'll go a -long- way to avoid holding The Obama responsible.
 
Goobieman said:
Wow.. you'll go a -long- way to avoid holding The Obama responsible.
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I think you are under the assumption that I am not speaking from what I believe to be true (at least that's the only perspective I can come up with that would create the context necessary for your comment to make sense). I doubt you and I have the same perspective or gut feelings about this.
 
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Obama is not responsible for causing the deficit he inherited from Bush.

However, Obama IS responsible for the causing the deficit has has added AFTER he took office.

Also, Obama is now responsible for ADDRESSING the deficit, regardlees of who CAUSED it.

Seems fairly simple to me.
 
Whovian said:
Obama is not responsible for causing the deficit he inherited from Bush. However, Obama IS responsible for the causing the deficit has has added AFTER he took office.
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The Obama is responsible for every dime that was spent in the time he took office. That a budget may have been passed before He took office is meaningless -- the Buck Stops Here, I recall somone once said.
 
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