Capitol Hill Blue Forums Political Issues Finance, the economy & Economics Obama leads the US into economic DOOM

As just a guy, I am not sure of a lot of things, but I do know that $2T f'ing dollars is a lot of money, money that we do not have to spend.



Nice! So the fiscal watchdog only grew the deficit by 80%! I guess it could be worse, it could have been 100%!



How's that working out for you Mr President? I do have question for you though, have you ever balanced a checkbook? I know that you never had to pay student loans and only ever collected a government sponsored paycheck, but I mean did you ever attend your macro econ 101 class?



And this is the legacy we will leave our children and their children? How are we ever going to grow our economy to that level when we keep giving our money away and funding a pyramid scheme to pay the people who are going to retire today?

But this statement is the most surreal:


Hey Tim, if you paid your taxes maybe you would have the moral authority to tell that bald faced lie, but alas, you have no morals to go along with your authority.

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Yes, MaR, and it is all because the Vast Right-Wing Conspiracy which you support.

Nah, I choose myself because nobody else deserves to be chosen. I have decided to follow the ideals of all previous generations of Americans, "If it is good for me, it is good for America". The idea of shared sacrifce is nuts, sacrifice isn't shared it is applied. Washington does not sacrifice and what is worse, when Washington declares that we must sacrifice the most, the people who add nothing to America get the most from Washington.

The current fiscal situiation we are in has been caused, established and executed by Washington. GW may have been the President, but the Dems controlled the purse strings, and they were not shy about opening the purse when they decided that some needy layabout needed another handout, or some remote outpost in PA needed a new airport, or some liberal politician needed a few hundred billion in handouts to make himself look good, or some god fearing conservative decided that his district needed to get a piece of the gravy train. Let me tell you something, bailout money was used to put a sidewalk on a bridge that crosses to the cape. There is no walkway leading up to the walkway, and nothing on the other side of the bridge to walk to, but they had to use the money.

The vast right-wing conspiracy is a joke, it has become the vast less left-wing conspiracy. Money has become manopoly money, everybody is getting $200 but can never pass GO. Obama is a failure, Boehner is just another in a long line of stooges and the only thing that will fix our problem is a plane crash during a joint session of Congress with Obama and Biden in attendence. Short of starting from scratch, there is nothing we can do a country to avoid the comming default. But, you know what is worse, is the fact that some very smart people here will blow smoke up Obama's ass and tell the world that everything is OK, tell people that HCR will save America money, that Social Security is solvent and that Congress hasn't done exactly what Bernie Maddof did.

I choose myself, and until I am convinced otherwise, everybody else comes in a very distant third on my list of top two priorities.

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If the Democrats are to be criticized, it should be for giving to President Bush what he demanded and pressured them to give.

The books were balanced, and more than balanced, under President Clinton.

Isn't that why the right-wing bottom feeders hated him so much?

Thread title: Obama leads the US into economic DOOM

Oh that's rich! Nothing partisan about that title!

Let's conveniently forget the facts:

• Glass-Stegall repeal of 1999 (Initiated by a Republican Congress, signed into law by Bill Clinton)
• The National Intelligence Commission Report (2008) stating that GW Bush's ill-advised foray into Iraq in 2003 lead to today's massive federal deficit
• GW Bush's initiation of TARP in 2008

Wigga, pleeeeze.

I wonder how many people know that it was Bush that initiated the bailout of GM as well?

Not that it was an entirely bad idea...

but anyway, the title is indeed inaccurate... anyone who didn't know that we were already IN economic doom times, even before the 2008 election, was either unconscious or wearing some really stupendous blinders!

Well...well...well...

It turns out that this thread is today's Republican talking point. All of the Republican talking heads talked about this very topic last night on their individual Faux News show.

Figures!

...a broken clock is correct twice a day, as well.

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Obviously, Ma R. can foresee the future, and we should pay close attention to what he says. · ·

Hey Ma...
I have a challenge for you....
we all agree that Obama has spent more than Bush

My challenge.....
How much more has Obama spent than Bush when comparing year 2008 to year 2009?

If you get with in 100 billion I will bow down and kiss your Repunbli-can

My guess is that you will not get within 100% margin of error

Ardy