posted October 11, 2013 11:53 PM            

Yes, O'Bomber promised to cut the deficits in half...by the end of his first term.

Well Marxist Messiah O'Bomber, the end of your first term has come and gone and you broke another promise to America because YOU DID NOT CUT THE DEFICITS IN HALF...or even come close!

Some people know when O'Bomber started infesting the White House and some don't. The 2009 budget deficit was way, way, way over A TRILLION DOLLARS and all but 19 days of 2009 was on the Marxist Messiah's watch.

Yeah acoustic, those Republicans were just dying to pass O'Bomber's Crapulus bill. Right! Check!

Stimulus Package Passes With Zero Republican Support
02/28/09 05

A nearly $820 billion stimulus package passed the House of Representatives Wednesday without a single Republican vote.

http://www.huffingtonpost.com/2009/01/28/obama-im-confident-stimul_n_161654.html

posted October 15, 2013 01:16 PM            

That's five years. Merely one year over schedule.

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Some people know when O'Bomber started infesting the White House and some don't. The 2009 budget deficit was way, way, way over A TRILLION DOLLARS and all but 19 days of 2009 was on the Marxist Messiah's watch.

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The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House.

I already posted the above on the previous page. I don't know why you're trying to spin a yarn with some nonsense.

There is no getting around the financial disaster that was YOUR guy.

posted October 15, 2013 02:16 PM            

Oh and don't even bother trying to spin this issue by connecting the deficits to a percentage of the GDP. That's not going fly in the real world.

We're talking about real dollars of deficits here...not in relation to Gross Domestic Product.

posted October 15, 2013 02:43 PM            

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The Crapulus Bill...so called stimulus was not in place on January 20, 2009. That was passed in February 2009 and that bill added about 1 TRILLION DOLLARS to the deficit...over and above what was already passed. That's on the Marxist Messiah and his Socialist comrades in Congress.

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The whole deficit for 2009 was $1.41 trillion. The stimulus didn't add "about 1 TRILLION DOLLARS" to the deficit in 2009. The CBO estimated that ARRA increased the deficit by $200 billion for 2009:

The substantial increase in the deficit resulted from both declining revenues and increased spending. Revenues in 2009 were almost $420 billion (or 17 percent) below receipts in 2008 and totaled about 15 percent of GDP, the lowest level in over
50 years. At the same time, outlays increased by over $530 billion (or 18 percent) in 2009, to nearly 25 percent of GDP,
the highest level in over 50 years. Those estimates are based on data from the Daily Treasury Statements and CBO’s projections; the Treasury Department will report the actual deficit later this month.

Almost half of the spending increase—$245 billion—resulted from outlays for the Troubled Asset Relief Program (TARP) and net payments to Fannie Mae and Freddie Mac. In addition, CBO estimates that spending increases and revenue reductions stemming from the American Recovery and Reinvestment Act of 2009 (ARRA) totaled almost $200 billion this year (excluding the impact on the budget from ARRA’s effects on the economy). http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/106xx/doc10640/10-2009-mbr.pdf

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Oh and don't even bother trying to spin this issue by connecting the deficits to a percentage of the GDP. That's not going fly in the real world.

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That's hilarious. The guy that tries to spin numbers isn't going to allow me to spin the numbers. First of all, I didn't:

The dollar difference is even more damning. $1.413 trillion to $642 billion this year. -Me, just last post!

I clearly stated the dollar amount, illustrating that it wasn't merely as a percentage of the GDP, but in real dollars showed the deficit decreasing by MORE than half.

Here's former YOU trying to post percentage of GDP as the only means of measurement in a previous bout of this very same discussion: http://www.linda-goodman.com/ubb/Forum26/HTML/001220-2.html

posted October 16, 2013 01:20 PM            

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Let me know what year O'Bomber reduced the real budget deficit by half

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I already did, and your numbers are off. The deficit was $1.41 trillion, and now it's $642 billion, for a reduction of $768 billion.

Just so we stay on track here, here's a reminder of where this thread started, a Republican stating:

"For the first time since the Korean War, total federal spending has gone down for two years in a row."

posted October 17, 2013 10:30 AM            

The simple truth is that O'Bomber promised to cut the federal deficits in half by the end of his first term.

The simple truth is that O'Bomber hasn't done that..or even come close.

The simple truth is that whatever reductions in the federal deficits exist are because of the election of Republican majority in the House who have refused to continue to blow up the US budget deficits and have keep the "Sequester" in place over the screams, howls, screeches and shrieking of O'Bomber and his Socialist comrades in congress.

posted October 17, 2013 01:15 PM            

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The simple truth is that O'Bomber promised to cut the federal deficits in half by the end of his first term.

The simple truth is that O'Bomber hasn't done that..or even come close.

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To the first sentence I say, "Yeah. So?"

To the second, I say, "Five years is pretty damn close."

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The simple truth is that whatever reductions in the federal deficits exist are because of the election of Republican majority in the House who have refused to continue to blow up the US budget deficits and have keep the "Sequester" in place over the screams, howls, screeches and shrieking of O'Bomber and his Socialist comrades in congress.

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This may indeed be partially correct. If Democrats were left to their own devices, they may have indeed spent much more on restoring our economy. They wouldn't have been wrong to have done so, either. Austerity doesn't work. More stimulus would have lead to a more robust recovery. That's part of the reason the Fed continues with QE. By sabotaging spending, Republicans have slowed economic recovery. Way to go! Way to show love to the free markets!

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Simple truths win the day acoustic, not spin.

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