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Adjusted for inflation, federal government spending PEAKED in FY 2009 (note that FY 2009 includes 3 months of 2008)
and has been lower than that peak year ever since.
No Republican president since Eisenhower has numbers like that.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
And they leave out the fact that Obama put the wars on-budget, when Bush had been hiding that spending.
Why didn't you mention that in your made-up calculations?
I love how Republicans gridlock Congress and then gloat that a budget can't be passed
stupid Obama never passed a budget
I love how Republicans gridlock Congress and then gloat that a budget can't be passed
stupid Obama never passed a budget
When was the last time a budget was either filibustered or voted down in committee? We know there was one actual vote in the Senate a number of years ago which the democrats voted no for Obama's budget. So just tell me how the party that has not held power since 2006 is obstructing a budget and why.
I love how Republicans gridlock Congress and then gloat that a budget can't be passed
stupid Obama never passed a budget
When was the last time a budget was either filibustered or voted down in committee? We know there was one actual vote in the Senate a number of years ago which the democrats voted no for Obama's budget. So just tell me how the party that has not held power since 2006 is obstructing a budget and why.
LOL I can't wait for the answer.
right, and as the debt gets larger the interest payments get larger. you do realize that we are ONLY paying the interest on the debt, nothing on the principal, right?
Do you libs think this can go on forever? Every time congress increases the debt ceiling, the problem gets worse. Why do you dem/libs support increasing the debt ceiling?
Adjusted for inflation, federal government spending PEAKED in FY 2009 (note that FY 2009 includes 3 months of 2008)
and has been lower than that peak year ever since.
No Republican president since Eisenhower has numbers like that.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
I love how Republicans gridlock Congress and then gloat that a budget can't be passed
stupid Obama never passed a budget
When was the last time a budget was either filibustered or voted down in committee? We know there was one actual vote in the Senate a number of years ago which the democrats voted no for Obama's budget. So just tell me how the party that has not held power since 2006 is obstructing a budget and why.
right, and as the debt gets larger the interest payments get larger. you do realize that we are ONLY paying the interest on the debt, nothing on the principal, right?
Do you libs think this can go on forever? Every time congress increases the debt ceiling, the problem gets worse. Why do you dem/libs support increasing the debt ceiling?
Adjusted for inflation, federal government spending PEAKED in FY 2009 (note that FY 2009 includes 3 months of 2008)
and has been lower than that peak year ever since.
No Republican president since Eisenhower has numbers like that.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
And they leave out the fact that Obama put the wars on-budget, when Bush had been hiding that spending.
Why didn't you mention that in your made-up calculations?
explain why if Bush did something wrong, it makes it OK for obama to do the same thing.
Why is it Ok for obama to get us into stupid wars because Bush did it?
Why is it OK for obama to increase the debt because Bush did it?
I don't understand liberal logic.
seems to me that the celebrating has all been on your side of the aisle. As long as there is no budget Obozo can rule by dictate.
BTW, what gives him the right to delay implementation of part of the ACA? What gives him the right to waive it for congress, the administration, and his big business cronies?
What gives him the right to ignore the provisions of a bill that he signed into law?
Republicans filibuster every significant piece of legislation in the Senate yet expect their "kill Obamacare" budgets to be voted on
Bizzaro world
the repeal obamacare votes have been separate from budget bills until now. The next one MAY fund all govt functions except obamacare. None of the other budget bills did that.
But, again, why hasn't Reid allowed senate debate on even one of the house passed budget bills? the only budget vote in the senate was on an obama budget that was voted down in the senate 98-1.
Reid is the gridlock, he has been for 5 years. Is he afraid that the senate might pass a budget and then obozo would have to veto it? WTF?
Republicans filibuster every significant piece of legislation in the Senate yet expect their "kill Obamacare" budgets to be voted on
Bizzaro world
the repeal obamacare votes have been separate from budget bills until now. The next one MAY fund all govt functions except obamacare. None of the other budget bills did that.
But, again, why hasn't Reid allowed senate debate on even one of the house passed budget bills? the only budget vote in the senate was on an obama budget that was voted down in the senate 98-1.
Reid is the gridlock, he has been for 5 years. Is he afraid that the senate might pass a budget and then obozo would have to veto it? WTF?
Another Dead on Arrival. My way or he Highway GOP budget bill
And you wonder why we call them TeaTards?
Adjusted for inflation, federal government spending PEAKED in FY 2009 (note that FY 2009 includes 3 months of 2008)
and has been lower than that peak year ever since.
No Republican president since Eisenhower has numbers like that.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
And they leave out the fact that Obama put the wars on-budget, when Bush had been hiding that spending.
Why didn't you mention that in your made-up calculations?
Adjusted for inflation, federal government spending PEAKED in FY 2009 (note that FY 2009 includes 3 months of 2008)
and has been lower than that peak year ever since.
No Republican president since Eisenhower has numbers like that.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
FY2009 started in October 2008.
The bank bailout bill passed on Oct. 3, 2008.
This and the liberals are more worried about Global Warming.
It?s Official: 2012 Deficit Was $1.087T; $1T+ All 4 Yrs of Obama?s 1st Term | CNS News
Congressional Budget Office last week released updated historical budget data for the federal government, reporting a deficit of $1.087 trillion in fiscal 2012. 2012 marked the fourth straight yearand the only four years in the history of the nation--when the federal governments deficit topped $1 trillion. - See more at: It?s Official: 2012 Deficit Was $1.087T; $1T+ All 4 Yrs of Obama?s 1st Term | CNS News
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
FY2009 started in October 2008.
The bank bailout bill passed on Oct. 3, 2008.
What is your point? That is FY09 which is what we were discussing as that is the baseline that is used. The one that includes the bank bailouts.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
And they leave out the fact that Obama put the wars on-budget, when Bush had been hiding that spending.
Why didn't you mention that in your made-up calculations?
Because that is a bullshit excuse and a farce. No one here is talking about budget in that sense and you damn well know it. I look directly at spending (as every other reference to actual numbers has also done) which means nothing is off budget. The annual spending and deficit numbers take everything into account, period. Again, claiming that the wars being off budget has changed the impact to the deficit under Obamas numbers as compared to Bushs numbers is completely dishonest.
By the way where are my made up calculations?
Quit lying.
FY2009 started in October 2008.
The bank bailout bill passed on Oct. 3, 2008.
What is your point? That is FY09 which is what we were discussing as that is the baseline that is used. The one that includes the bank bailouts.
The point is..that most of this stuff was "ordered" before Obama even took power.
And they left him with the check.
Fed Releases Discount-Window Loan Records During Crisis Under Court Order - Bloomberg
With little more than a phone call to one of 12 Federal Reserve banks, a bank anywhere in the country can ask for cash from the discount window. Banks typically have already given the Fed a list of unencumbered collateral that they use to pledge against the loans. The Fed gives the banks less than 100 cents on each dollar of collateral to protect itself from credit risk.
Discount-window lending was not the largest source of the Feds backstop aid during the crisis. Bernanke also devised programs to loan to U.S. government bond dealers, and to support the short-term debt financing of U.S. corporations.
comment
Bail out my ass. The ones who destroyed our economy got 9 Trillion in loans from the Federal Reserve at pennies on the dollar, aka Derivatives basically, from the Federal Reserve. Then paid off the loans from the Gov't and said, SEE WE PAID IT BACK, using the loans from the Federal Reserve to pay it.
GIANT SMOKE SCREEN and America bought the BS.
Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress - Bloomberg
No Clue
Lawmakers knew none of this.
They had no clue that one bank, New York-based Morgan Stanley (MS), took $107 billion in Fed loans in September 2008, enough to pay off one-tenth of the countrys delinquent mortgages. The firms peak borrowing occurred the same day Congress rejected the proposed TARP bill, triggering the biggest point drop ever in the Dow Jones Industrial Average. (INDU) The bill later passed, and Morgan Stanley got $10 billion of TARP funds, though Paulson said only healthy institutions were eligible.
Mark Lake, a spokesman for Morgan Stanley, declined to comment, as did spokesmen for Citigroup and Goldman Sachs.
Getting Bigger
Instead, the Fed and its secret financing helped Americas biggest financial firms get bigger and go on to pay employees as much as they did at the height of the housing bubble.
Total assets held by the six biggest U.S. banks increased 39 percent to $9.5 trillion on Sept. 30, 2011, from $6.8 trillion on the same day in 2006, according to Fed data.
That only works when you completely disregard the fact that the government increased spending damn near 20% in 2009 in what was supposed to be temporary spending in order to combat the coming crash. I notice that every single bullshit comparison ALWAYS rests on 2009n because the left here is being completely dishonest about what happened that year.
It is asinine to demand that the year that we authorized damn near a trillion dollars to be used for bank bailouts is somehow the benchmark for Obamas base spending. That is completely dishonest. They also leave out the fact that it was the left calling for most of that spending as well.
Obama has spent more than anyone previous by a pretty large margin that is a simply fact.
FY2009 started in October 2008.
The bank bailout bill passed on Oct. 3, 2008.
What is your point? That is FY09 which is what we were discussing as that is the baseline that is used. The one that includes the bank bailouts.
