The Republican addiction to tax cuts is going to mortgage this country into bankruptcy. Less than zero just six years ago, President Bush and the Republicans’ policies have pushed the exploding deficit into overdrive, threatening the very future of our nation. Visit the BI30 Blog: blog.bi30.org
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@Ray21C YOU ARE AN ABSOLUTE DICKBRAIN. HAHAHA YOU STUPID REPUBLICAN BAHAHAHA. OBAMA IS TRYING TO REFORM THE COUNTRY TO MAKE SURE THAT IT IS FAIR FOR EVERYONE. E>G PUBLIC HEALTHCARE AND FREE EDUCATION.
what he is doing is far from destroy your country. by the time he took office it was already destroyed. and you know what, you yanks have been given a chance with obama and now your complaining. you know what stuff it re-elect republicans like mindless palin and i wanna see your country buried
@BarbieGirlsism If you used something simpler than algerba BASIC reasoning and BASIC civics you would realise that the previous presidents budget is in place for the first Fyear. After inorgration the president does not instantly create a new budget.
So 1.1T of that is 100% Bushes. Another 0.3 Trillion again is arguably bushes as that’s how much tax revenue has been lost since he tanked the economy in sept 2008 in that year. So ANYONE who took office by default would have had to spend ~1.5T
@Esnip3 Why pick sides? Hate them all…
@ovensleeper,
.
Indeed! Apparently with Cap and Trade, the American Power Act, and Senate Bill 3217, he’s also poised to take over more of private industry.
@BarbieGirlsism
I guess in some ways I was right then… Obama’s on pace to spend far more than any other president in this era.
Screw the republicans
@ovensleeper
,
The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.018 Trillion. In approximately 490 days in office, he has accumulated $2.391 Trillion. Using simple algebra, you’ll find that Obama will have accumulated in 2.75 years (Sept 2011) what George W. did in 8 years.
@highwater03
His spending WAS on pace to top Bush’s within 2 years at the time. It’s hard to make a precise prediction, especially when you’re dealing with something as arbitrary as national spending. Now I was wrong, I’ll admit it, but who could honestly give an accurate prediction with Obama? You never know what he’s gonna pull…
I became a strong opponent of Bush’s spending and was strongly against his first bailout, but let’s not kid ourselves, 8 trillion in 8 years is far worse than 6..
@swani24
First, it’s “you’re”, not “your” retard. The debt was $11 trillion when Obama took office. In order for it to have tripled, it would have to be at least $33 trillion. Today it’s $13 trillion. How is $13 tripled of $11? Are you that dumb or do you simply play like it? How’d that conservative education work out for ya?
@ovensleeper
Spending will be $6 trillion in 2 years? lol
It’s been close to two years and Obama hasn’t spent $6 trillion. Spending unde Bush was $6 trillion.
@teron678
Bingo.
@Relugus
Cut the Pentagon’s budget, yea, like far right loons would go for that. lol
@Unclesamslair
Yep. The difference was that Bush had a skin color that was more to their liking………
notice how back in 2006 the tea partiers were just fine with bush’s debt. fox news didn’t even bat an eyelash
@Ray21C rewrites history like he’s got Alzheimers. Hey, moron, before criticizing Obama for trying to solve the economic mess he inherited from Bush, read what Republican FED chairman Bernanke and fiscal chief Paulson said. They agreed that Keynesian economics WAS ONLY WAY and LAST HOPE to save the nation from another Depression. We were days away. And it was Bush who birthed TARP, brainless. Plus, Bush added almost $8 trillion already to the Debt/Deficit, moron. Teabaggers get a brain.
All Ray21C has to do is look up the facts on wikipedia. But these Rebumblican hacks are too stupid to even google it. mef75baby is correct, Bush doubled the National Debt to almost $12 trillion in only 8 yrs. The Republican BORROW-and-BORROW-and-SPEND philosophy did just that. Not to mention trainwrecking the economy and financial sectors before he left office, and giving Obama a record $1.3 trillion deficit on Day 1. Did we forget the 2 failed, ongoing wars, and unemployment? GOP = terrorists.
Are you serious? Sti-mu-lus
When Obama was sworn in the budget deficit was 1.2 Trillion and the projected debt of 8 Trillion over 10 years. Today, the deficit stands at 1.3 Trillion with a projected debt of 9 trillion over 10 years!
Conservatives always say Obama is tripling the debt and he is such a BIG spender but the numbers don’t support this claim!
While he has added to the debt, his spending was no where close to Bush’s spending!
can you name these programs?
If Obama handed out “Stimulus checks” like Bush did, I’d be furious. Spending money to create jobs is brother #2. Handing out “stimulus checks” is Brother #1.
When unemployment topped 10% ten months into Reagan’s presidency, it was “Carter’s fault”. When unemployment topped 10% ten months into Obama’s presidency, it’s “Obama’s fault”? Reagan’s solution? Massive deficit spending.
That’s your take huh? I find it funny that all the Liberals were beside themselves about how terrible Bush was for sending out those $600 stimulus checks, and yet Obama passes the multi-trillion dollar economic stimulus package? Hmmm. By the way, unemployment is the worse it’s been in over 20 years. Seems like he really found jobs for those “deadbeat friends.”
I’m not necessarily a fan of Bush either, but Obama is destroying our country faster than any politician before him ever has.
(Oops, that should read “leaving them $2,000 in debt”. My goof.)
A short story: two brothers have $1,000 each.
The first brother spent $2,000 buying each of his friends dinner, going $1,000 into debt.
The second brother, rather than just pay off the first brothers’ debt and be left with nothing to show for it, instead finds jobs for all his brothers deadbeat friends at a cost of $2,000 but with a promise to repay him later, leaving the two brothers $4,000 in debt.
Q: Were the two brothers equally wasteful?
Obama has spent more money on new programs in nine months than Bill Clinton did in eight years, pushing the annual deficit to $1.4 trillion.
The solution is to cut the Pentagon’s budget by at least 25% (they waste 25%).
Welfare spongers like Lockheed and Northrop Grumman should be told to pay for themselves.
Making Corporate Welfare and tax breaks illegal would also help.
Obama’s programmes are at least designed to help the AMERICAN people, whereas Bush’s tax cuts for the rich and handouts to the corporations are designed to benefit greedy bankers and war profiteers.
Bush encouraged US companies to employ foreigners.