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Thread: Obama Deficits Continue to rise

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    Obama Deficits Continue to rise

    Where is the outrage? Over and over again I have heard the people here complaining about how much money Bush spent and how bad the deficit was and how Bush doubled the debt.

    Now we have Obama who will create more debt in three years than Bush created in 8 and not a word. Record deficit in the shortest month of the year has the Obama Administration on track to blow the 2009 deficit out of the water setting again another record.

    Although some here want to continue to blame Bush solely for the 2009 deficit there is no way anyone can blame Bush for the 2010 deficits.

    U.S. Monthly Budget Deficit Balloons to a Record - WSJ.com

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by Conservative View Post
    Where is the outrage? Over and over again I have heard the people here complaining about how much money Bush spent and how bad the deficit was and how Bush doubled the debt.

    Now we have Obama who will create more debt in three years than Bush created in 8 and not a word. Record deficit in the shortest month of the year has the Obama Administration on track to blow the 2009 deficit out of the water setting again another record.

    Although some here want to continue to blame Bush solely for the 2009 deficit there is no way anyone can blame Bush for the 2010 deficits.

    U.S. Monthly Budget Deficit Balloons to a Record - WSJ.com
    There's been no outrage... a slight simmering concern only. A few comments... but hey, the outrage is saved for Republicans usually. Unlike some of us who were upset back then and are just as upset now, the REAL partisan hacks reserve outrage only for those they disagree with. Otherwise it's a silent protest.
    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: Obama Deficits Continue to rise

    Quote Originally Posted by Conservative View Post
    Where is the outrage?
    Maybe those people believe that there will be benefit to the cost, when there wasn't one before.

    It's not a matter of amount only, it's how it is being used.
    http://www.debatepolitics.com/image.php?type=sigpic&userid=3227&dateline=1247527  127

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    Why so serious?

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    Re: Obama Deficits Continue to rise

    It's Bush's fault. or maybe Sarah Palin's. Depends on what day of the week it is.
    "I believe in a Spinoza's God who reveals himself in the harmony of all that exists, but not in a God who concerns himself with the fate and actions of human beings."

    --Albert Einstein, 1929

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by niftydrifty View Post
    Maybe those people believe that there will be benefit to the cost, when there wasn't one before.

    It's not a matter of amount only, it's how it is being used.
    Yeah, that is it, wonder how those people are benefiting from all this Obama spending and massive expansion of govt? Last I checked there are still over 15 million people unemployed and all we have to show for it is debt.

    Some people will continue to drink the Kool-Aid but both Reagan and Bush got it right, it is the private sector that will grow the economy and create the meaningful jobs, not the public sector.

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    Why so serious?

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by Conservative View Post
    Yeah, that is it, wonder how those people are benefiting from all this Obama spending and massive expansion of govt? Last I checked there are still over 15 million people unemployed and all we have to show for it is debt.

    Some people will continue to drink the Kool-Aid but both Reagan and Bush got it right, it is the private sector that will grow the economy and create the meaningful jobs, not the public sector.
    I've been saying that from the beginning of this recession. If government really wants to get out of this mess, then they need to cut corporate taxes and make a friendlier environment for businesses to expand, and for entrepreneurs to start up new ventures.
    "I believe in a Spinoza's God who reveals himself in the harmony of all that exists, but not in a God who concerns himself with the fate and actions of human beings."

    --Albert Einstein, 1929

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by Conservative View Post
    Yeah, that is it, wonder how those people are benefiting from all this Obama spending and massive expansion of govt? Last I checked there are still over 15 million people unemployed and all we have to show for it is debt.

    Some people will continue to drink the Kool-Aid but both Reagan and Bush got it right, it is the private sector that will grow the economy and create the meaningful jobs, not the public sector.
    first your analysis doesn't rely upon cost/benefit, but cost only. now you reveal that you believe nothing takes time, that results should be immediate. keep flailing.
    http://www.debatepolitics.com/image.php?type=sigpic&userid=3227&dateline=1247527  127

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by niftydrifty View Post
    first your analysis doesn't rely upon cost/benefit, but cost only. now you reveal that you believe nothing takes time, that results should be immediate. keep flailing.
    Oh, I don't know, you tell me what happens when you get to keep more of what you earn? What do you think the cost/benefit is of keeping this country safe especially after having to spend over a trillion dollars for 9/11?

    You buy the social rhetoric in spite of the fact that over 60% of our budget is entitlement/social spending so what is the cost/benefit of that?

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    Re: Obama Deficits Continue to rise

    Quote Originally Posted by Conservative View Post
    Oh, I don't know, you tell me what happens when you get to keep more of what you earn?
    I'm glad I've prompted you to begin thinking this way. conclusions ought to be things we come to, not what we start with. but I'm just one person. if I "keep more" of what I earn, it's irrelevant, it's the experiences of 300 million + people we're concerned about. and regardless, what they keep and what they earn is meaningless in a discussion of spending, if policy isn't sound. it's the policy that's important. your question is an abstract, pointless deflection.


    Quote Originally Posted by Conservative View Post
    What do you think the cost/benefit is ...
    cost/benefit analysis is what we do to arrive at conclusions. it's not a thing that is this or that, or the other. and it is possible to be somewhat objective about these things ...

    Quote Originally Posted by Conservative View Post
    of keeping this country safe especially after having to spend over a trillion dollars for 9/11?
    ... but I see that objectivity is something that is difficult for you. because to you, some priorities are valid and others aren't. "having to spend" ... and "keeping this country safe" ...that's an interesting way to describe the worldwide ire that escalated between 2002-2008.

    So, basically, you are the very same as what you complain about. where is the outrage? we believe what we want to. we've already made our minds up. the invasion of Iraq was either necessary, or not. current government spending is either necessary, or not, depending up on your point of view.

    Hopefully there will be another POTUS that overlooks domestic issues in order to doggedly pursue a personal grievance, disguised as something else, despite all evidence to the contrary, so that you can feel complacent again.
    Last edited by niftydrifty; 03-11-10 at 04:13 PM.
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    Re: Obama Deficits Continue to rise

    niftydrifty;1058613092]I'm glad I've prompted you to begin thinking this way. conclusions ought to be things we come to, not what we start with. but I'm just one person. if I "keep more" of what I earn, it's irrelevant, it's the experiences of 300 million + people we're concerned about. and regardless, what they keep and what they earn is meaningless in a discussion of spending, if policy isn't sound. it's the policy that's important. your question is an abstract, pointless deflection.
    Hardly, you are an example of an "average" American and if you get to keep more of what you earn multiply that by the number of Americans just like you. That is the impact of the tax cuts and that is what grew economic growth and created the almost 20 million jobs during the 80's. It also doubled govt. revenue as new taxpayers were created. Compare that to now where govt. revenue is dropping as jobs haven't been created.

    cost/benefit analysis is what we do to arrive at conclusions. it's not a thing that is this or that, or the other. and it is possible to be somewhat objective about these things ...
    Stop trying to make this complicated, it is very simple, allow the people to keep more of their money, stimulate and grow the economy, create jobs, and reduce govt. dependence.

    ... but I see that objectivity is something that is difficult for you. because to you, some priorities are valid and others aren't. "having to spend" ... and "keeping this country safe" ...that's an interesting way to describe the worldwide ire that escalated between 2002-2008.
    What worldwide recession from 2002-2008. Show me any reputable site that showed a worldwide recession during those years and then go to BEA.gov to see what the economic growth in this country was during those years. Stop buying the rhetoric.

    So, basically, you are the very same as what you complain about. where is the outrage? we believe what we want to. we've already made our minds up. the invasion of Iraq was either necessary, or not. current government spending is either necessary, or not, depending up on your point of view.
    My outrage is over Obama claiming he inherited a deficit that he helped create and has taken Bush spending and put it on steroids without generating anything other than debt. Govt. jobs have been created but govt. jobs are paid for by taxpayers. There is no economic growth other than govt. growth and that is unsustainable.

    Hopefully there will be another POTUS that overlooks domestic issues in order to doggedly pursue a personal grievance, disguised as something else, despite all evidence to the contrary, so that you can feel complacent again.
    Now there you go again, acting like a leftwing kook. Domestic issues were not overlooked as evidenced by consumer spending and thus economic growth. Stop making a fool out of yourself. Non partisan sites like BEA.gov paint a different picture.

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