Deficit vs. Deficit

[tnt440]

Repost?

[nutsy54]

Not a Repost, just Ignored by the Bush Haters / Obama Lovers.

I even had one reply that basically said "Well, how can anyone know what's going to happen in the future?"

[nutsy54]

This one has a lot more colors. Brought to you by that fringe organization, the "Congressional Budget Office":

[againstall0dds]

If Bush/conservatives DID NOT allow the Financial Crisis to unravel, DID NOT tout the bubble as economic prosperity, then MAYBE just MAYBE we wouldn't have to spend such ridiculous amounts to get out of recession.

Parents can really mess up a kids life. When those kids grow up to be nobody, people usually blame the kids. It is common thinking. Common thinking is not always the right one.

[Steak_n_Taters]

If Bush/conservatives DID NOT allow the Financial Crisis to unravel, DID NOT tout the bubble as economic prosperity, then MAYBE just MAYBE we wouldn't have to spend such ridiculous amounts to get out of recession.

Parents can really mess up a kids life. When those kids grow up to be nobody, people usually blame the kids. It is common thinking. Common thinking is not always the right one.

Come on man.

Do you EVER post anything in defense of Obama that doesn't contain a "well it's Bush's fault" argument?

Take your own advice: Common thinking is not always the right one.

[againstall0dds]

Come on man.

Do you EVER post anything in defense of Obama that doesn't contain a "well it's Bush's fault" argument?

Take your own advice: Common thinking is not always the right one.

Gotta give credit where its due. Of course Bush is to be mentioned. Look what kinda country he gave back after 8 years. Better? Hardly.

[jackamo2887]

Gotta give credit where its due. Of course Bush is to be mentioned. Look what kinda country he gave back after 8 years. Better? Hardly.

So..can Obama EVER take credit for the amount of damage he caused?

Or 10 years from now when we are in this same position, or worse, it wont be Obama's fault, it will be because Bush forced him to do it?

[tnt440]

If Bush/conservatives DID NOT allow the Financial Crisis to unravel, DID NOT tout the bubble as economic prosperity, then MAYBE just MAYBE we wouldn't have to spend such ridiculous amounts to get out of recession.

Parents can really mess up a kids life. When those kids grow up to be nobody, people usually blame the kids. It is common thinking. Common thinking is not always the right one.

That sir is an oxymoron

[Dogbreath]

There ya go, stick your head in the sand and blame one man for the actions of many.

[Steak_n_Taters]

Gotta give credit where its due. Of course Bush is to be mentioned. Look what kinda country he gave back after 8 years. Better? Hardly.

Branch out a little - expand your horizons. Your one-dimensional thinking will get you in a hole one day.

Keep in mind there were literally hundreds of liberal congressman in office those 8 years. They even had a majority the last two of them.

[Dogbreath]

This one has a lot more colors. Brought to you by that fringe organization, the "Congressional Budget Office":

How do we pay off almost 916 billion in 2 years?

[tnt440]

How do we pay off almost 916 billion in 2 years?

Print it

[Steak_n_Taters]

How do we pay off almost 916 billion in 2 years?

We don't.

Probably we don't ever pay it off.

We'll either say "sorry, **** you" to all the nations we borrowed from, or we'll wait till the dollar is so worthless even the illegal alien standing outside of home depot would have no problem paying it off.

[ripper6]

If Bush/conservatives DID NOT allow the Financial Crisis to unravel, DID NOT tout the bubble as economic prosperity, then MAYBE just MAYBE we wouldn't have to spend such ridiculous amounts to get out of recession.

Parents can really mess up a kids life. When those kids grow up to be nobody, people usually blame the kids. It is common thinking. Common thinking is not always the right one.

Wake UP !!

If the government has overspent, no matter who started it, and overspent (including guarantees for overspending, e.g., Fannie and Freddie, etc..) then the solution is NOT to massively overspend more to get out of the problem.

The hole was there, but the Obama administration is digging that hole much much deeper, to the point that the country will NOT be able to get out of it. Don't just look at the current deficit and national debt. LOOK LOOK LOOK how this GROWS and GROWS into the future. The country is going to be ruined!!!!

This is getting insane, and even the liberal media are starting to murmur their worries, but still won't attack Obama on what he/Pelosi/Frank/Reid/et al are doing.

[tnt440]

Wake UP !!

If the government has overspent, no matter who started it, and overspent (including guarantees for overspending, e.g., Fannie and Freddie, etc..) then the solution is NOT to massively overspend more to get out of the problem.

The hole was there, but the Obama administration is digging that hole much much deeper, to the point that the country will NOT be able to get out of it. Don't just look at the current deficit and national debt. LOOK LOOK LOOK how this GROWS and GROWS into the future. The country is going to be ruined!!!!

This is getting insane, and even the liberal media are starting to murmur their worries, but still won't attack Obama on what he/Pelosi/Frank/Reid/et al are doing.

X2 man with the trade deficits the US has how could they ever pay it back

[againstall0dds]

So..can Obama EVER take credit for the amount of damage he caused?

Or 10 years from now when we are in this same position, or worse, it wont be Obama's fault, it will be because Bush forced him to do it?

What damage?

He just started. All he's doing is damage control

What we have now is all Bush effect.

If 4 years from now the country is still in recession then Obama is to blame for not cleaning up Bush's mess.

[Morbid_Mind]

That is exactly how we will pay it off. With money that is worth less than the paper it is printed on. Hell, we'll even get a massive bull run in the stock market, we could see DOW 19,000....too bad that's just nominal and not any sort of real value. Obama will inflate a stock market recovery!

[againstall0dds]

Branch out a little - expand your horizons. Your one-dimensional thinking will get you in a hole one day.

Keep in mind there were literally hundreds of liberal congressman in office those 8 years. They even had a majority the last two of them.

and you forgot mention who has the final say on bills: Bush.

[Dogbreath]

Spending 1.36 Trillion is damage control???

[tnt440]

What damage?

He just started. All he's doing is damage control

What we have now is all Bush effect.

If 4 years from now the country is still in recession then Obama is to blame for not cleaning up Bush's mess.

Oh I'd say 1.85 trillion dollars worth this year alone

[againstall0dds]

Wake UP !!

If the government has overspent, no matter who started it, and overspent (including guarantees for overspending, e.g., Fannie and Freddie, etc..) then the solution is NOT to massively overspend more to get out of the problem.

The hole was there, but the Obama administration is digging that hole much much deeper, to the point that the country will NOT be able to get out of it. Don't just look at the current deficit and national debt. LOOK LOOK LOOK how this GROWS and GROWS into the future. The country is going to be ruined!!!!

This is getting insane, and even the liberal media are starting to murmur their worries, but still won't attack Obama on what he/Pelosi/Frank/Reid/et al are doing.

Yes. But the job of the President is to lead the country out of this mess as painlessly as possible. U think sudden financial system halt would be pain-free? Either way is painful.

[Morbid_Mind]

and you forgot mention who has the final say on bills: Bush.

And when Bush vetoed a spending bill, the liberals blasted him. They would include their pork projects into a rational bill and when Bush vetoed, he was "veto crazy" and "didn't care about the poor." With the absence of a line item veto, there's only so much a President can do, even less when he's a lame duck.

Bush is not in office, Obama is our President, you cannot blame Bush for all of Obama's failures. It makes you liberals seem very immature when you are not willing to blame Obama for all of his wrongdoings and with 70 days he's already had quite a few.

[dabbmw2002]

If Bush/conservatives DID NOT allow the Financial Crisis to unravel, DID NOT tout the bubble as economic prosperity, then MAYBE just MAYBE we wouldn't have to spend such ridiculous amounts to get out of recession.

Parents can really mess up a kids life. When those kids grow up to be nobody, people usually blame the kids. It is common thinking. Common thinking is not always the right one.

How do you spend money you don't have?

[tnt440]

Yes. But the job of the President is to lead the country out of this mess as painlessly as possible. U think sudden financial system halt would be pain-free? Either way is painful.

A worthless dollar will be a lot more painful

[ripper6]

The OBAMA budget will create a deficit 4 TIMES AS LARGE AS THE BUSH DEFICIT !!!!!!!!!


Do you REALLY think, after having that budget that they'll later cut it in half???

He's planned to spend/print his way through his administration, and leave the country in bankruptcy, once he is out of office. The USA can NOT recover from this budget. This is turning into a nightmare.

Compound it with the fact that the GDP is declining, AND the obligations to SS and Medicaide, etc., are escalating enormously, and that the rest of the world can't/won't be buying up our debt, and we have a perfect storm in place in a few years.

Everyone had better look for some farmland to buy or work on because getting a meal might actually become an issue by the end of the Obama administration.

[againstall0dds]

That is exactly how we will pay it off. With money that is worth less than the paper it is printed on. Hell, we'll even get a massive bull run in the stock market, we could see DOW 19,000....too bad that's just nominal and not any sort of real value. Obama will inflate a stock market recovery!

Then I guess smart thing would be hoarding gold, and buying commodity stocks. Isn't it? If you are SO sure. Instead of sucking your thumb and complaining.

[Morbid_Mind]

How do you spend money you don't have?

Then I guess smart thing would be hoarding gold, and buying commodity stocks. Isn't it? If you are SO sure. Instead of sucking your thumb and complaining.

I guess you know my investment strategy and holdings.

[againstall0dds]

And when Bush vetoed a spending bill, the liberals blasted him. They would include their pork projects into a rational bill and when Bush vetoed, he was "veto crazy" and "didn't care about the poor." With the absence of a line item veto, there's only so much a President can do, even less when he's a lame duck.

Bush is not in office, Obama is our President, you cannot blame Bush for all of Obama's failures. It makes you liberals seem very immature when you are not willing to blame Obama for all of his wrongdoings and with 70 days he's already had quite a few.

Bush inherited a budget with surplus and turned it around 180 degrees. That is what I call a failure.

Obama inherited record deficit, record trade deficit, worldwide recession, unnecessary war that cost billions, auto industry meltdown, health care crises etc. And its not even first year of his term. Too early to judge.

[againstall0dds]

The OBAMA budget will create a deficit 4 TIMES AS LARGE AS THE BUSH DEFICIT !!!!!!!!!


Do you REALLY think, after having that budget that they'll later cut it in half???

He's planned to spend/print his way through his administration, and leave the country in bankruptcy, once he is out of office. The USA can NOT recover from this budget. This is turning into a nightmare.

Compound it with the fact that the GDP is declining, AND the obligations to SS and Medicaide, etc., are escalating enormously, and that the rest of the world can't/won't be buying up our debt, and we have a perfect storm in place in a few years.

Everyone had better look for some farmland to buy or work on because getting a meal might actually become an issue by the end of the Obama administration.

It is easy to blame the doctor for administering medicine when all you got to offer is NO medicine and let poor bastard live or die.

[againstall0dds]

I guess you know my investment strategy and holdings.

Then you're set. Whats with all the whining? You know you're actually pitching against your holdings when you bash Obama, right?