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Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt

volsrock said:
It equals nearly twice as much as the $4,889,100,310,609.44 in additional debt that piled up during the eight years George W. Bush served as president.

Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt
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Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

But hey, let's have fun lying! Poopies on Obama, the poopiest poopoo face libral ever!

/sigh





Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.

Pretty please?
 
volsrock said:
It equals nearly twice as much as the $4,889,100,310,609.44 in additional debt that piled up during the eight years George W. Bush served as president.

Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt
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We should have raised taxes five points across the board for all Americans earning dollar one on up as well as giving favorable reattempt to different ways to earn money and simply tax all money coming in a persons pocket as income. That debt would now be a lot less.

And the same will be true under Trump. Projections of experts indicate it will be even worse.
 
volsrock said:
Projections of experts said Clinton would win :lamo
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The polls measure support among American voters for one candidate or another. The Real Clear Politics average of polls had Clinton ahead 3.2 points on election day. She actually finished ahead by 2.1 points. That is amazingly accurate.

And you do realize the experts with the debt numbers based on the Trump programs ARE NOT the Gallup poll....


don't you? :roll::doh
 
truthatallcost said:
Obama calling himself 'unpatriotic'. That's the only transparency he's exhibited in 8 years.
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A person who is dedicated to "truth" at "allcost" should observe some facts. Here are some statements, which are about facts:


Mr Person said:
Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

But hey, let's have fun lying! Poopies on Obama, the poopiest poopoo face libral ever!

/sigh





Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.

Pretty please?
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Perhaps you would like to counter this post with a video of Reverend Wright?
 
The problem with Americans is that they want more government services but nobody wants to pay for them.

Tax cuts?

If your paycheck was cut, would you be better able to pay your bills?

No? I didn't think so.

I'm get tickled with all these 'tards that want to cut taxes (the government's paycheck,) yet think our debt will diminish.

Here's your sign!
 
Mr Person said:
Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.
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So how do you want to play this? As you know, Congress passes the budget and forwards it to the President. The FY2009 budget was not signed by Bush (although it should have been) but by Obama in March, 2009. Some people want to put the FY2009 deficit on Bush, which is fine-he was president at the start of the period. But that would also mean giving Bush some credit for passing the budget that ended the recession in June, 2009. Obama is in this group-he brags about reducing the deficit every year in office. Others want to blame Obama, like this post. Which would seem to give Obama some credit for ending the recession. But if you do that, then you have to give Obama responsibility for the $1.4 trillion deficit in FY2009.
Seems unfair to give Obama credit for ending the recession while also blaming Bush on the FY2009 budget deficit. Let's be consistent.
And, FYIW, Congress was controlled by Democrats from Jan 2007 to Dec 2010 which covers the entire recession period as well as 3 of the 4 trillion $ deficit years.
 
Mr Person said:
Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

But hey, let's have fun lying! Poopies on Obama, the poopiest poopoo face libral ever!

/sigh





Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.

Pretty please?
Click to expand...

You liberals are interesting people. Perhaps you have missed the numerous threads here that credit Obamas deficit spending with saving all of mankind. Now here you come to blame all that debt on Bush. How bout you guys get your stories straight
 
Mr Person said:
Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

But hey, let's have fun lying! Poopies on Obama, the poopiest poopoo face libral ever!

/sigh





Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.

Pretty please?
Click to expand...

Had there been no $800 billion off budget TARP voted in 2008--I believe all Democrats and most Republicans voted for it and it was with the full consent, approval, and vote of then President-elect Obama--and $400 billion would be spent immediately in 2008 and $400 billion carried over for Obama to spend in 2009, the deficit in 2008 would have been near or under $1 billion and would have been wiped out in the 2009 budget. The $400 over budget TARP did increase the 2008 deficit to a bit over $400 billion and the 2009 budget over $400 billion plus Obama added another near $1 trillion over budget to that in 2009 with his stimulus package.

So there's your $1.4 trillion deficit in 2009 and you can't hang that on Bush.

th
 
AlbqOwl said:
Had there been no $800 billion off budget TARP voted in 2008--I believe all Democrats and most Republicans voted for it and it was with the full consent, approval, and vote of then President-elect Obama--and $400 billion would be spent immediately in 2008 and $400 billion carried over for Obama to spend in 2009, the deficit in 2008 would have been near or under $1 billion and would have been wiped out in the 2009 budget. The $400 over budget TARP did increase the 2008 deficit to a bit over $400 billion and the 2009 budget over $400 billion plus Obama added another near $1 trillion over budget to that in 2009 with his stimulus package.

So there's your $1.4 trillion deficit in 2009 and you can't hang that on Bush.

th
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Let's be honest and acknowledge the economic crisis and the Republican obstructionism. What if now the Democrats started screaming and filibustering that, "no more borrowing." You Republicans behaved shamefully, but hey, you won. Do you think the Democrats are going to do the same thing?
 
volsrock said:
Projections of experts said Clinton would win :lamo
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The GOP congress has already increased the total accumulated debt limit by TEN trillion to 29 trillion for trump during the transition.

Think they would have done that for Clinton ?
 
Exquisitor said:
Let's be honest and acknowledge the economic crisis and the Republican obstructionism. What if now the Democrats started screaming and filibustering that, "no more borrowing." You Republicans behaved shamefully, but hey, you won. Do you think the Democrats are going to do the same thing?
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I haven't denied the economic crisis though I think that TARP and the stimulus package were both dumb. And I get tired of that all being placed on Bush as if Obama had nothing to do with it.

Obstructionism or opposition and stopping destructive legislation which is what those Republicans were mandated to do when we voted them back into power? Obama made it crystal clear he had no intention of being our President and that doesn't generate a lot of incentive to support him.
 
NIMBY said:
The GOP congress has already increased the total accumulated debt limit by TEN trillion to 29 trillion for trump during the transition.

Think they would have done that for Clinton ?
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No, they wouldn't even give her SCOTUS appointments.

And they won, it so burns me up, especially the SCOTUS.

Well, maybe we'll have a saner choice in 2020 and/or Trump will be so bad, (for them.)
 
Exquisitor said:
No, they wouldn't even give her SCOTUS appointments.

And they won, it so burns me up, especially the SCOTUS.

Well, maybe we'll have a saner choice in 2020 and/or Trump will be so bad, (for them.)
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You have some important elections coming up in your state and you live in the RED section.

The GOP would have started impeachment hearings next week on Clinton.

trump would be in court in all the close states because the election was rigged .
 
When will liberals understand that reducing the size of government will reduce government spending?

When will liberals understand that raising taxes doesn't equate to paying off government debt?

Obama had the greatest amount of tax revenues than any president in history. He also presided over greatest debt increase than any other president in history.

Collecting $20 trillion in taxes and still increasing the debt by more than $8.6 trillion. Thanks Obama...

If the Treasury succeeds in collecting the full $3,335,502,000,000 in reveneus that the White House Office of Management and Budget estimates it will collect in fiscal 2016 (which will end on Sept. 30), Obama will become the first American president whose Treasury collected more than $20,000,000,000,000 in taxes (in non-inflation adjusted dollars) during his time in office.
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Under Obama:

That is an increase in the debt of $8,632,933,372,906.10—or approximately $57,051 for each of the 151,320,000 people with jobs as of March (2016).
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http://http://www.cnsnews.com/news/article/terence-p-jeffrey/obama-has-collected-18764164000000-taxes-borrowed-8632933372906
 
AlbqOwl said:
I haven't denied the economic crisis though I think that TARP and the stimulus package were both dumb. And I get tired of that all being placed on Bush as if Obama had nothing to do with it.

Obstructionism or opposition and stopping destructive legislation which is what those Republicans were mandated to do when we voted them back into power? Obama made it crystal clear he had no intention of being our President and that doesn't generate a lot of incentive to support him.
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Was Obama supposed to be the hero heading off the crisis? Bush saw it coming, should he have been a hero? How can you say Tarp and stimulus was dumb? Would you have rather a great depression? A little more stimulus and Obama goes through the roof, well you probably need some of the filibustered measures too, to make Obama go through the roof. Tarp was all paid back with interest so net cost to the taxpayer is in the black.

I have a scolding for the people too, you have big crisis like this and you put a guy in there and if it's not fixed in three months he's **** for it so you go with the Republicans and their screaming, "failed stimulus," and, "Obamacare," which they gut so it won't work.

So good luck you #######, I'm so glad I gave you Trump.
 
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AlbqOwl said:
I haven't denied the economic crisis though I think that TARP and the stimulus package were both dumb. And I get tired of that all being placed on Bush as if Obama had nothing to do with it.

Obstructionism or opposition and stopping destructive legislation which is what those Republicans were mandated to do when we voted them back into power? Obama made it crystal clear he had no intention of being our President and that doesn't generate a lot of incentive to support him.
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Do you ever get tired of lying about Obama having no intention of being our President?

Yet now demand that the left give trump the chance never given to Obama ?
 
Mr Person said:
Know how budgets work? I'll tell you: it kind of sucks when the outgoing admin leaves you to deal with a $1,400,000,000 deficit (thanks to fiscal years vs. normal years) and a recession that's just a tad shy of the Great Depression to work with, but no massive World War to super-stimulate the economy AND, on top, you've got 40% of the opposition asserting that you lied about your place of birth and religion with a 20% "not sure" about either.

But hey, let's have fun lying! Poopies on Obama, the poopiest poopoo face libral ever!

/sigh





Please tell me you won't simultaneously give Trump credit for the outgoing Obama economy while blaming the outgoing Bush economy on Obama.

Pretty please?
Click to expand...

So you are saying that the first year is inherited. fair enough. still even if you give the 1.4 to bush there is less deficit under Bush than Obama.. even if you don't count the 2017 deficit which is expected to be half a trillion.
 
Μολὼν λαβέ;1066784070 said:
When will liberals understand that reducing the size of government will reduce government spending?

When will liberals understand that raising taxes doesn't equate to paying off government debt?

Obama had the greatest amount of tax revenues than any president in history. He also presided over greatest debt increase than any other president in history.

Collecting $20 trillion in taxes and still increasing the debt by more than $8.6 trillion. Thanks Obama...



Under Obama:



http://http://www.cnsnews.com/news/article/terence-p-jeffrey/obama-has-collected-18764164000000-taxes-borrowed-8632933372906
Click to expand...

Im sure you'd prefer trump receive the Bush economy rather than the Obama economy .
 
SocialD said:
So you are saying that the first year is inherited. fair enough. still even if you give the 1.4 to bush there is less deficit under Bush than Obama.. even if you don't count the 2017 deficit which is expected to be half a trillion.
Click to expand...

So today's GOP math gives Obama NINE years of debt.
 
Almost 100% gain in only one Presidency, even as the government was poorly run...

HECK OF A JOB OBAMA!

The Dark Side is partying.

banana_smiley_40.gif
 
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