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Thread: Obama State of the Union

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    Re: Obama State of the Union

    Quote Originally Posted by donc View Post
    It’s odd that you’re shrieking about a record deficit while conveniently forgetting that Obama inherited a $1.3 trillion deficit from the previous misadministration. As for your question. “What shrinking deficit?

    Here ya go; enjoy.

    < In other areas of the economy, today’s report showed a smaller trade deficit, which contributed 0.3-percentage point to fourth-quarter growth. >

    BEA National Economic Accounts
    Please stop embarrassing yourself. the Trade deficit is larger not smaller in the fourth qtr and that reduces the GDP not increases it. That so called 5.9% increase in GDP is all about govt. spending which is unsustainable. The private sector is sitting this recession out and that isn't good news for Obama or this country.

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    Re: Obama State of the Union

    [QUOTE Conservative;

    You are kidding, right? You really aren't that poorly informed? Stop posting data that you do not understand.

    I have posted over and over again but obviously the Obama cult is incapable of understanding reality. Let's try again.

    Deficits are yearly, debt is cumulative. Ok so far?

    Fiscal year of the U.S. is October to September so fiscal year 2009 ran from October 1, 2008 to Sept. 30, 2009. With me so far?

    GW Bush submitted the 2009 budget and there wasn't a 1.3 trillion deficit in that budget but then came TARP, the 700 billion bank bailout. That had to be added to the deficit but Bush didn't spend all of TARP. He spent 350 billion and left 350 billion for Obama. With me so far?

    Bush Budget had to be approved by Congress of which Obama was part of. Obama voted FOR all the Bush spending including the TARP funding. I guess only in the liberal world do you vote for something but take no responsibility for it. Is that right?

    Anyway a little off on a tangent. Bush was in office from Oct. to January 20, 2009. Obama ran on the premise that he would go through the budget line by line and remove unnecessary spending and that would include the budget he started office under.

    There is no way that Bush created a 1.3 trillion deficit in 4 months. Still with me? Obama not only kept the Bush budget but added to it. Remember the 800+ billion Stimulus Plan that Obama signed in February? Where did that deficit go and whose was it? How about the GM/Chrysler bailout? Did GW Bush have anything to do with that? That spending was added to the fiscal year 2009 deficit thus it is intellectual dishonesty to claim that deficit is Bush's and thus it is a lie that it was the Bush deficit as it was the Bush/Obama/and Congressional deficit. Can you admit that?

    Ok, then comes fiscal year 2010 when Bush was back in TX, out of office. The Obama budget which Bush had nothing to do with is projected to have a 1.6trillion dollar deficit for fiscal year 2010 which is from Oct. 1, 2009 to Sept. 30, 2010. Then Obama submitted the 2011 budget which has a 1.3 trillion deficit and again Bush had nothing to do with it.

    So you can blame Bush and ignore Obama's deficits but to do so shows you to be the partisan Obama cult follower that you are.
    Oh god, here comes the Bull S***and hoping to pass up pure lies with more bs. It doesn’t take a whole of understanding of data to take a calculator and figure this is pure s***. Hell, even a truck driver managed to do it between sips out of his coffee mug. Note the bolded part.

    < The federal government recorded a total budget deficit of $1.4 trillion in fiscal year 2009, about $960 billion more than the deficit incurred in 2008. The federal deficit rose as a share of the nation’s gross domestic product (GDP) from 3.1 percent in 2008 to 9.9 percent in 2009—the highest deficit as a share of GDP since 1945.>

    Monthly Budget Review
    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

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    Re: Obama State of the Union

    Quote Originally Posted by donc View Post
    Oh god, here comes the Bull S***and hoping to pass up pure lies with more bs. It doesn’t take a whole of understanding of data to take a calculator and figure this is pure s***. Hell, even a truck driver managed to do it between sips out of his coffee mug. Note the bolded part.

    < The federal government recorded a total budget deficit of $1.4 trillion in fiscal year 2009, about $960 billion more than the deficit incurred in 2008. The federal deficit rose as a share of the nation’s gross domestic product (GDP) from 3.1 percent in 2008 to 9.9 percent in 2009—the highest deficit as a share of GDP since 1945.>

    Monthly Budget Review
    Uh, yeah, no one is disputing that, what I proved to you was that it was the Bush/Obama deficit thus he inherited his own deficit and is making it worse in 2010. Where is the outrage?

    Are you drinking this early because it appears that you are having a problem with comprehension.

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    Re: Obama State of the Union

    Quote Originally Posted by donc View Post
    Oh god, here comes the Bull S***and hoping to pass up pure lies with more bs. It doesn’t take a whole of understanding of data to take a calculator and figure this is pure s***. Hell, even a truck driver managed to do it between sips out of his coffee mug. Note the bolded part.

    < The federal government recorded a total budget deficit of $1.4 trillion in fiscal year 2009, about $960 billion more than the deficit incurred in 2008. The federal deficit rose as a share of the nation’s gross domestic product (GDP) from 3.1 percent in 2008 to 9.9 percent in 2009—the highest deficit as a share of GDP since 1945.>

    Monthly Budget Review
    What happened, Donc, did the lightbulb go off in your head? "by God he has a point there and got it right?" Wonder how someone inherited something that he helped create?

    Stop being a cheerleader for what Obama is doing and recognize that there is no way his economic policy makes any sense and can be paid for long term. that is what is a failure, that economic policy is what I want to fail for there is no way this country can pay for the debt it is creating and the fall will be greater than any short term gain.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Uh, yeah, no one is disputing that, what I proved to you was that it was the Bush/Obama deficit thus he inherited his own deficit and is making it worse in 2010. Where is the outrage?

    Are you drinking this early because it appears that you are having a problem with comprehension.
    You haven't proven anything,except you inability to use a calculator.Try deducting $960 billion,from $1.4 trillion,that will get you into the ballpark of the deficit that was on Obamas desk the day he was sworn in.
    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

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    Re: Obama State of the Union

    Quote Originally Posted by donc View Post
    You haven't proven anything,except you inability to use a calculator.Try deducting $960 billion,from $1.4 trillion,that will get you into the ballpark of the deficit that was on Obamas desk the day he was sworn in.
    LOL, I call people like you hopeless. You really need to take a civics class. The President doesn't spend a dime without the Congressional approval and Congress approved the Bush spending and Obama voted for that spending. You cannot blame someone else for a deficit that you helped create.

    Don't know what you do for a living if anything but you really need to learn to think instead of feeling.

    There was absolutely nothing preventing Obama from asking Congress to cut the budget and there was nothing to prevent Obama from putting the payback of the TARP money back into the treasury to reduce the deficit.

    Further it is absolutely impossible for Bush to spend enough money in 3 1/2 months to create the 960 billion deficit you want to blame Bush for.

    Also, nice diversion, but the fiscal year 2010 deficit is projected to be 1.6 trillion and that is all Obama's and the Congress's. Stop buying the Obama rhetoric as it makes you look foolish.

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    Re: Obama State of the Union

    QUOTE=ConservativeYou really need to take a civics class. The President doesn't spend a dime without the Congressional approval and Congress approved the Bush spending and Obama voted for that spending. You cannot blame someone else for a deficit that you helped create.
    Where was the veto?



    There was absolutely nothing preventing Obama from asking Congress to cut the budget and there was nothing to prevent Obama from putting the payback of the TARP money back into the treasury to reduce the deficit.
    I guess he was worrying about the bush depression.

    Further it is absolutely impossible for Bush to spend enough money in 3 1/2 months to create the 960 billion deficit you want to blame Bush for.
    No, you got it all wrong, I put that $960 billion on Obama, the $13 trill is what was left over from eight years of ineptitude. What I want to get straight is that the wingers keep putting out bull s*** like this, on Obamas one year in office. This is a shared deficit/debt (eight years bush$13 TRILL) Obama is working on his legacy now. All of a sudden the wingers have discovered fiscal responsibility, the height of hypocrisy.

    Also, nice diversion, but the fiscal year 2010 deficit is projected to be 1.6 trillion and that is all Obama's and the Congress's. Stop buying the Obama rhetoric as it makes you look foolish.
    You’re the only one that keeps trying to divert on a thread that has already been derailed from its original intent. Who knows, this thread might be here for the next state of the union.
    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

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    Re: Obama State of the Union

    donc;1058590251]Where was the veto?
    What veto, Bush was in office from October 1, 2008 to January 20, 2009. What did you want him to veto?

    Where was Obama's line by line cutting of the budget after he took office? Are you one of those that hasn't a clue how business works? A budget is a guideline and can be cut at any time. Where were the Obama budget cuts?




    I guess he was worrying about the bush depression.
    What Bush depression and what legislation did Bush generate that caused the financial meltdown? You seem to have a very distorted view of reality. Congress is an equal branch of govt. Obama was part of that Congress but it is easier to place blame on Bush instead of admitting you screwed up in voting for Obama.



    No, you got it all wrong, I put that $960 billion on Obama, the $13 trill is what was left over from eight years of ineptitude. What I want to get straight is that the wingers keep putting out bull s*** like this, on Obamas one year in office. This is a shared deficit/debt (eight years bush$13 TRILL) Obama is working on his legacy now. All of a sudden the wingers have discovered fiscal responsibility, the height of hypocrisy.
    When Bush took office the debt was 5.6 trillion and when he left it was over 10 trillion. Where do you get your 13 trillion dollars. In his first budget Obama created more debt than Reagan did in 8 years and in 3 years Obama will match the Bush debt for 8 years. You need to wake up.



    You’re the only one that keeps trying to divert on a thread that has already been derailed from its original intent. Who knows, this thread might be here for the next state of the union
    this thread is about Obama and the state of the Union. You and your ilk want to blame Bush but ignore the fact that Congress was under Obama and Democrat control since January 2007. The recession began in December 2007. Obama has made it worse, not better as 15 million Americans will atest. You need to wake up because all I see here is an Obama lapdog out of touch with reality.

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    Re: Obama State of the Union

    QUOTE=Conservative

    What veto, Bush was in office from October 1, 2008 to January 20, 2009. What did you want him to veto?

    Where was Obama's line by line cutting of the budget after he took office? Are you one of those that hasn't a clue how business works? A budget is a guideline and can be cut at any time. Where were the Obama budget cuts?
    Hhm …better take some memory meds, it seems your forgetting what you post.

    From post #866
    <. The President doesn't spend a dime without the Congressional approval and Congress approved the Bush spending and Obama voted for that spending. You cannot blame someone else for a deficit that you helped create. >
    Why didn’t he veto some of the almost $11 trillion debt he handed Obama? Instead he kept the veto stamp in his back pocket and let the Medicare Part D gift to big Pharma and its $3.5 trillion unfounded tab pass on to the next President. Of course we can’t forget about the $2.5 trillions tax-cuts (while engaged in two wars).

    What Bush depression and what legislation did Bush generate that caused the financial meltdown? You seem to have a very distorted view of reality. Congress is an equal branch of govt. Obama was part of that Congress but it is easier to place blame on Bush instead of admitting you screwed up in voting for Obama.
    This is rich, in your first sentence your implying that a President doesn’t have s*** to do when a depression/recession starts on his watch, while in the same post,last sentance blame a junior senator(Obama) from Illinois for being part of the congress that didn’t stop some of the s***.



    When Bush took office the debt was 5.6 trillion and when he left it was over 10 trillion. Where do you get your 13 trillion dollars. In his first budget Obama created more debt than Reagan did in 8 years and in 3 years Obama will match the Bush debt for 8 years. You need to wake up.
    Here’s a start. Not only did bush leave office with a needless war, that cost not only lives of Americas finest, but at a cost of $12 bill per month, a goodly part of it into the coffers of the military industrial complex.

    He handed Obama the tab for an unfunded Medicare Part D and its $3.5 billion dead-weight annual loss. Then you add in the fact that the median income declined of 4.2 per cent during bushes eight years in office.

    Hhmm…kinda makes one wonder it there was another President that had that dubious honor doesn’t it?

    Yea, I don’t have to even take out my calculator to come up with $13 trill; just find any numbers that aren’t from “the onion” and start adding.





    this thread is about Obama and the state of the Union.
    Yet you keep derailing it.


    You and your ilk want to blame Bush but ignore the fact that Congress was under Obama and Democrat control since January 2007.
    us ilks have a nasty habit of putting the blame where it rightfully belongs.

    The recession began in December 2007. Obama has made it worse, not better as 15 million Americans will atest. You need to wake up because all I see here is an Obama lapdog out of touch with reality.
    The seeds of it go back to the time that the republican had control…again an unnecessary war that cost $12 bill a month while taking $2.5 trillions out of the economy with tax-cuts.
    Last edited by Donc; 02-28-10 at 05:01 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

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    Re: Obama State of the Union

    donc;1058591670]Hhm …better take some memory meds, it seems your forgetting what you post.



    Why didn’t he veto some of the almost $11 trillion debt he handed Obama? Instead he kept the veto stamp in his back pocket and let the Medicare Part D gift to big Pharma and its $3.5 trillion unfounded tab pass on to the next President. Of course we can’t forget about the $2.5 trillions tax-cuts (while engaged in two wars).
    It really serves no purpose to discuss issues with those that lack the basic understanding of debt and deficits nor how our economy works. Debt is cumulative and deficit is yearly. Bush inherited a 5.6 trillion debt and added 5 trillion to it. Included in that debt was the cost of 9/11, Hurricane's Katrina, Floyd, Rita, and Ike which is over a trillion of that debt. The cost of the wars were 100 billion per year according to the GAO so go back to school and get an education on how to do research. You now want to blame Bush for the debt he inherited?


    This is rich, in your first sentence your implying that a President doesn’t have s*** to do when a depression/recession starts on his watch, while in the same post,last sentance blame a junior senator(Obama) from Illinois for being part of the congress that didn’t stop some of the s***.
    That "Junior" Senator was running for President and that "junion" Senator was part of the Democrat Majority that controlled Congress. Congress is an equal branch of the govt. thus is responsible just like the President for any deficits. Please get a civics education.



    Here’s a start. Not only did bush leave office with a needless war, that cost not only lives of Americas finest, but at a cost of $12 bill per month, a goodly part of it into the coffers of the military industrial complex.

    He handed Obama the tab for an unfunded Medicare Part D and its $3.5 billion dead-weight annual loss. Then you add in the fact that the median income declined of 4.2 per cent during bushes eight years in office.
    LOL, nice revisionist history and again something that diverts from my post. what has the cost of the Medicare Part B program been? Not sure where you get your information but Moveon.org would be proud as most of the information you post is false.

    Hhmm…kinda makes one wonder it there was another President that had that dubious honor doesn’t it?
    Actually if I were you I would be embarrassed about posting lies, distortions, and diversions. Have you no pride?

    Yea, I don’t have to even take out my calculator to come up with $13 trill; just find any numbers that aren’t from “the onion” and start adding.
    Stop making a fool out of yourself. BEA.govt, BLS.gov, and the U.S. Treasury site shows different data that yours and those are the official sites. You really need to get a clue.


    The seeds of it go back to the time that the republican had control…again an unnecessary war that cost $12 bill a month while taking $2.5 trillions out of the economy with tax-cuts.
    I suggest you actually get data from non partisan sites. It would make you look smarter than you do by posting the false information you are posting.

    Those waves you are posting are actually waves to all those brain cells that have left your head.

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