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Thread: US deficit up 15.7% in first half of fiscal 2011

  1. #11
    Pragmatic Idealist
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    Re: US deficit up 15.7% in first half of fiscal 2011

    Quote Originally Posted by Badmutha View Post
    The Most Expensive President in History----Barack HusSame Obama----



    Because the Democrat Party cant even cut a Cowboy Poetry Contest........because they were kicking and screaming as the 60 Billion dollar mouse fart was cut from the 4 Trillion dollar hurricane........because the sole role of any and every Democrat Politician is to think of new ways to spend our money........

    ......is why all Democrat Roads lead to Bankruptcy, USA and only Bankruptcy, USA.......
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    Sorry, your guy wrecked the economy and stuck Obama with the bill. Sorry he could not undo the Bush economy in two years.....

    Bush was running a $700B annual deficit, then cratered the economy chopping $400B in annual tax revenue and costing an additional $100B in unemployment benefits... Let's see: 700+400+100 = $1.2T.... the running deficits were left by Bush.
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  2. #12
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    Re: US deficit up 15.7% in first half of fiscal 2011

    This pretty well says it all.Thru Sept. 2010.

    (654,000: The net gain in jobs since the national job number hit a 10-year low of 129.6 million in December 2009, seasonally adjusted. The latest estimate of 130.2 million jobs for September is subject to possible revision as more data is collected by the Bureau of Labor Statistics..)

    (54.2 million: The number of jobs created during the nearly 30 years in which Democrats have held the presidency, beginning with President Truman in April 1945.

    (Comparable BLS data is not available for full presidencies before then.)
    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

  3. #13
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    Re: US deficit up 15.7% in first half of fiscal 2011

    -chuckles- well this must be some kinda record for liberals..... . It took them 11 posts to get back to blaming Bush. I swear, in 5 or 6 more years, it might take them 25 posts to blame Bush. The liberal mantra has always been, and from what I'm seeing will always be …. blame someone else for your own ineptness.

  4. #14
    Sage

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    Re: US deficit up 15.7% in first half of fiscal 2011

    65000 jobs a month doesn't even keep up with population, not even half

    meanwhile, the federal deficit for february alone exceeds total borrowing under w-stands-for-what's-his-name in all of 2007

    U.S. sets $223B deficit record - Washington Times

    Deficit for Fiscal 2007 Slides - Real Time Economics - WSJ

    leadership, anyone?

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