Re: So Obama can stop the oceans from rising but..
Quote:
Originally Posted by Ferd
he cant figure out how much debt we have?
a few months ago he said it was 7 trillion over 10 years now the number has been "revised" to 9 trillion.
that means he was off by nearly 30%
and some people still think he is doing a great job?
Ferd,
Was the deficit accumulated in the last 8 months alone?
Bernanke the Republican is staying put-- could it be that his Republican prescription for the American economy that was at the brink of collapse is working, slowly, but working?
Spend now is better than economic collapse now.
Harldy anyone on the right was screaming about government spending when the Bush White House was giving out government contracts with neglible oversight to control the spending of those private companies on the tax payers dime.
This was done in the name of "Suporting Our Troops" and we still did not have the proper body armor or protection for our vehicles into very, very late in the game.
If the economy had collapsed, then Obama would be blamed for not being experienced enough to handle the national crisis.
The economy didn't collapse, so the Republicans blame him for the multi-trillion dollar deficit that he accumulated in little over 8 months of being in office.
This the pot calling the kettle black.
__________________
"The choices we make reveal the true nature of our character."
Re: So Obama can stop the oceans from rising but..
Quote:
Originally Posted by Jermyn Davidson
Ferd,
Was the deficit accumulated in the last 8 months alone?
Bernanke the Republican is staying put-- could it be that his Republican prescription for the American economy that was at the brink of collapse is working, slowly, but working?
Spend now is better than economic collapse now.
Harldy anyone on the right was screaming about government spending when the Bush White House was giving out government contracts with neglible oversight to control the spending of those private companies on the tax payers dime.
This was done in the name of "Suporting Our Troops" and we still did not have the proper body armor or protection for our vehicles into very, very late in the game.
If the economy had collapsed, then Obama would be blamed for not being experienced enough to handle the national crisis.
The economy didn't collapse, so the Republicans blame him for the multi-trillion dollar deficit that he accumulated in little over 8 months of being in office.
This the pot calling the kettle black.
Jermyn, your question doesnt address the problem Obama and his crack team miss stated the deficit by 30%! They didnt revise numbers up by some paultry amount, this is HUGE.
It indicates that they are either inept or were dishonest about the amount of debt they were wracking up! either way this is very bad!
and by the way to answer your question, when Barak Obama took office, the estimated deficit spending level over 10 years was around 1 trillion dollars. Barak has spent like a drunken sailor.
as for the stimulus package passed this year, NO economist has stated that it has done a blessed thing to impact the economy. better than 85% of the money in that bill wont be spent until 2010 - 2012. It isnt a stimulus bill.
Obama isnt doing things to help the economy. He is doing things to push America towards a top down government system. A system where government is in control of ever expanding aspects of an idividuals life.
We are seeing all the things we said would happen before the election. You said he would do those things then, now you are saying he isnt doing them when we see it every day.
I dont get it.
__________________ If I do something stupid blame the Lortab!
Re: So Obama can stop the oceans from rising but..
German,
To equate spending in the Bush years with the stimulus boondoggle Obama put forward is ludicrous and if you were honest about it you would admit it.
I opposed the initial bailout that President Bush did and greatly opposed the $725 billion dollar pork barrell spending Obama rammed through. Look me in my cyber eyes and tell me that the approximately 2/3 of the $725 billion that is not even going to be spent until at least 2011 is going to help us out of the current recession.
Obama took what was already a bad trend of deficit spending and has multiplied it many times over to the point we will be owing the Chinese interest payments to keep the country going for the next one hundred years.
__________________ "I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
Re: So Obama can stop the oceans from rising but..
Quote:
Originally Posted by CC1
German,
To equate spending in the Bush years with the stimulus boondoggle Obama put forward is ludicrous and if you were honest about it you would admit it.
I opposed the initial bailout that President Bush did and greatly opposed the $725 billion dollar pork barrell spending Obama rammed through. Look me in my cyber eyes and tell me that the approximately 2/3 of the $725 billion that is not even going to be spent until at least 2011 is going to help us out of the current recession.
Obama took what was already a bad trend of deficit spending and has multiplied it many times over to the point we will be owing the Chinese interest payments to keep the country going for the next one hundred years.
Did this multi trillion dollar defict occur in the little over 8 months that President Obama has been in office?
On January 20, were we at $0.00 debt and today August 26 were trillions of dollars in debt?
So if economists say that the stimulus was the right decision, and if the decision for the stimuls packages was largely influenced by the Republican Bernanke, where is the Democrat President Obama at fault?
He is not at fault-- he acted with the best intentions for the country, under the advice of the smartest economists in the country.
If the government did not act the way it sis, most educated folks will tell you that we would have went over the brink.
It's foolish to blame our current President for the economic mess-- most folks don't.
__________________
"The choices we make reveal the true nature of our character."
Last edited by Jermyn Davidson; 08-26-2009 at 05:57 PM.
Re: So Obama can stop the oceans from rising but..
Quote:
Originally Posted by Jermyn Davidson
Did this multi trillion dollar defict occur in the little over 8 months that President Obama has been in office?
On January 20, were we at $0.00 debt and today August 26 were trillions of dollars in debt?
Quote:
a few months ago he said it was 7 trillion over 10 years now the number has been "revised" to 9 trillion.
So if economists say that the stimulus was the right decision, and if the decision for the stimuls packages was largely influenced by the Republican Bernanke, where is the Democrat President Obama at fault?
He is not at fault-- he acted with the best intentions for the country, under the advice of the smartest economists in the country.
If the government did not act the way it sis, most educated folks will tell you that we would have went over the brink.
It's foolish to blame our current President for the economic mess-- most folks don't.
Please try to read. This was in the opening post,
You are not honest. He did not act under the "smartest economists in the country"
He even lied about getting them together and having a meeting. Then he never followed up. He also would have ignored them.
Just remember, i have more economics hours than you obama, Mike in Ar and Joe biden all put together.
Hybrid Mode
