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4 Comments:

bobbya said...

4 MORE YEARS! 4 MORE YEARS! 4 MORE YEARS! 4 MORE YEARS! 4 MORE YEARS 4 MORE YEARS! 4 MORE YEARS! 4 MORE YEARS!

Despite ALL the CONservatives and RepubliCons being afflicted by the brain cell destruction of their brains by
"Obama Derangement Syndrome"!

6:35 PM

sully16 said...

That can be fixed with a nice cup of TEA PARTY !
NUGENT/PALIN Thats the ticket.

6:58 PM

MADDOG10 said...

@bobbya

When are you going to come up with some facts not fiction hopeless.

7:17 PM

MADDOG10 said...

Here's another fact for yah Hopeless:

Who Spent More? Average Bush Vs. Average Obama Spending Per Day Proves Obama Most Reckless And Irresponsible EVER
From NPR via the Weekly Standard:

In his State of the Union address tonight, President Obama will reportedly issue a call for “responsible” efforts to reduce deficits (while simultaneously calling for new federal spending). In light of the President’s expected rhetorical nod to fiscal responsibility, it’s worth keeping in mind his record on deficits to date. When President Obama took office two years ago, the national debt stood at $10.626 trillion. It now stands at $14.071 trillion — a staggering increase of $3.445 trillion in just 735 days (about $5 billion a day).

To put that into perspective, when President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush’s record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama’s presidency to date, the national debt has risen by an average of $1.723 trillion a year — or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.

How much in deficit spending did Bush spend on average per day during his presidency? It’s pretty easy to figure out: $607 billion/365 days = $1.66 billion per day. That’s a lot of spending, Georgie. Shame on you!

But compared to Obama’s $5 BILLION of deficit spending per day? Obama spent well over three times more per day every single day than did Bush.

If you want to argue that Bush looks bad, fine. Bush looks bad. But Obama looks positively vile.

The article proceeds to present another way to calculate deficit spending by going a little deeper into the weeds:

In fairness, however, Obama can’t rightly be held accountable for the 2009 budget, which he didn’t sign (although he did sign a $410 billion pork-laden omnibus spending bill for that year, which is nevertheless tallied in Bush’s column). Rather, Obama’s record to date should really be based on actual and projected spending in fiscal years 2010 and 2011 (plus the $265 billion portion of the economic “stimulus” package, which he initiated and signed, that was spent in 2009 (Table S-10), while Bush’s should be based on 2002-09 (with the exception of that same $265 billion, which was in no way part of the 2009 budgetary process).

How do Bush and Obama compare on closer inspection? Just about like they do on an initial glance. According to the White House’s Office of Management and Budget, during his eight fiscal years, Bush ran up a total of $3.283 trillion in deficit spending (p. 22). In his first two fiscal years, Obama will run up a total of $2.826 trillion in deficit spending ($1.294 trillion in 2010, an estimated $1.267 trillion in 2011 (p. 23), and the $265 billion in “stimulus” money that was spent in 2009). Thus, Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year — or $1.003 trillion a year more than Bush.
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So much for your homeboy hopeless...!

9:49 PM

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