Obama yearly deficit exceeds Bush deficit by a factor of 3.5

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_bcspace
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Obama yearly deficit exceeds Bush deficit by a factor of 3.5

Post by _bcspace »

With the Bush victory winding down in Iraq, what does Obama do?

Obama unveils 2011 budget with $3.83T in spending

The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year's then-unprecedented $1.41 trillion gap, a number which had dwarfed the previous record of $454.8 billion set in 2008 under former President George W. Bush.

The administration is forecasting that deficits over the next decade will add an additional $8.5 trillion to the national debt,


He buys votes, rewards his cronies, and raises taxes.

Obama budget would impose host of tax increases

Of course the taxes are designed to hamstring the economy which is part of the left wing playbook to create a series of crisis in order to justify more nationalization of the economy.
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_zzyzx
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Re: Obama yearly deficit exceeds Bush deficit by a factor of 3.5

Post by _zzyzx »

He is stuck spending in trying to get the US out of the craphole Bush put us in. Bush, attacking a country that posed no threat to the US. What a murderous bastard.
Before you criticize someone, walk a mile in their shoes. That way when you do criticize them you'll be a mile away and you'll have their shoes.
_richardMdBorn
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Re: Obama yearly deficit exceeds Bush deficit by a factor of 3.5

Post by _richardMdBorn »

He is stuck spending in trying to get the US out of the craphole Bush put us in. Bush, attacking a country that posed no threat to the US. What a murderous bastard.
So it's Bush's fault that Obama signed the Stimulus Package which costs $800B and does little but prop up Democrats. It's Bush's fault that the Panty bomber was questioned for less than an hour and then given Miranda rights. Yea, right.
_Brackite
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Re: Obama yearly deficit exceeds Bush deficit by a factor of 3.5

Post by _Brackite »

From that Article:

Obama also kills his predecessor's signature space program to return astronauts to the moon. NASA had already spent $9.1 billion on the program, which was projected to cost $100 billion by 2020. Obama's new budget said NASA will be "launching a bold new effort" with an extra $1.2 billion annually for five years, money expected to be used to encourage private companies to build, launch and operate their own spacecraft for the benefit of NASA and others. NASA would pay the private companies to carry U.S. astronauts.


Interesting!



richardMdBorn wrote: So it's Bush's fault that Obama signed the Stimulus Package which costs $800B and does little but prop up Democrats. It's Bush's fault that the Panty bomber was questioned for less than an hour and then given Miranda rights. Yea, right.


Hi Richard,

I do have mixed feelings about the stimulus Package, However, I do fully agree that the Federal Government should Not have Given Miranda rights to the "Panty" bomber, less than an hour after he was arrested and questioned.
"And I've said it before, you want to know what Joseph Smith looked like in Nauvoo, just look at Trump." - Fence Sitter
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