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For starters, the bailout of the auto industry started in the waning weeks of President George W. Bush's tenure. It continued during the early months of the Obama administration. All told, the Treasury Department reported that the program cost taxpayers $79.7 billion, of which $70.4 billion was recovered.Jan 22, 2015

So we lost 9.3 billion, thanks for confirming it. Also Bush only started because Obama wanted it done, Bush was against it and did it for Obama.

Bush never did anything he didn't want to do. Is that it? Is that all you can come up with? Obama continued the auto bailouts that Bush started, and saved the auto industry and all those jobs, so you claim Obama was bad for us financially? Pretty pathetic effort on your part.

I was against bailouts then and now. Too big to fail are dangerous for our nation. Your partisan BS is pathetic.

The auto bailouts worked. You're pathetic, and trying to blame Obama for all your imagined troubles is proof.

I don't blame Obama for my troubles, never did I say that. It is your way of personalizing the argument, it is an old and shitty tactic when you are losing an argument. The bailouts didn't need to be granted. Bankruptcy would have put the pressure on the business sector instead of increasing our debt.

Got it. You don't have a valid reason for all the whining about Obama's effect on our finances.
 
True, but the deficit had a steady decline

Yeah, added $9 trillion in 8 years. Good thing he made it decline so much.

Yes, it is good that he did. Imagine what the debt would have been if he had maintained the republican levels.

It's a good thing the Republicans took the House in 2010.
He'd have added $15 trillion if they hadn't stopped him.

So you're finally admitting that we are, and have been, making great strides getting our finances in order after your republican president crashed the economy. That's good.

Yes, a sure sign that Obama got our finances is order is a $9 trillion increase in the debt. DERP!

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending. Sorry if he didn't clean up your mess as fast as you wanted.
Yeah, he sure changed the way Republicans were spending. He pushed down on the spending gas pedal.

BTW, your graph of Obama's deficit spending is fake news since Obama because responsible for the budget when the "stimulus" was passed. That happened early in 2009, which means he gets the credit for most of the steep incline.
 
So, is Obama responsible for repayment of all student loans now? Exactly what did he do to cause that?

It wasn't his idea for the government to take over the student loan business?
If he puts the government on the hook, massively expands student loans and then
defaults end us costing the taxpayers big bucks.....who would you say was responsible?

So it's his fault that education costs are rising so fast?
13938480_10154476489168958_4333640835660590416_n.png

So it's his fault that education costs are rising so fast?

When the government throws tons of money at something, the price goes up.
They should stop.


Of course. Right wingers don't care much for education, even if it is the only way to keep America as the major power that it is.

Education is great. Why don't we have the government spend even more money on it,
so it can be even more expensive?

Back to the original point, when hundreds of billions in defaults occur, will Obama get any of the blame?

Nope. He has tirelessly worked to reduce the cost of education, but the right has fought him every step of the way.
 
Yes, a sure sign that Obama got our finances is order is a $9 trillion increase in the debt. DERP!

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending. Sorry if he didn't clean up your mess as fast as you wanted.

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending.

He spent much, much more than Bush. How can you claim that was an improvement?

The much larger part of spending is based on the debt that has already been acquired. The much larger part of Obama's spending is based on debt that was acquired before he was president.

The much larger part of spending is based on the debt that has already been acquired.


I could explain how wrong you are, but based on your weak math skills, it'd be a waste of time.

I do pretty good with my plusses and minuses, and my timesing ain't bad. Please explain.

You don't do a good job at filtering out propaganda and fake news.
 
Yes, it is good that he did. Imagine what the debt would have been if he had maintained the republican levels.

It's a good thing the Republicans took the House in 2010.
He'd have added $15 trillion if they hadn't stopped him.

So you're finally admitting that we are, and have been, making great strides getting our finances in order after your republican president crashed the economy. That's good.

Yes, a sure sign that Obama got our finances is order is a $9 trillion increase in the debt. DERP!

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending. Sorry if he didn't clean up your mess as fast as you wanted.
Yeah, he sure changed the way Republicans were spending. He pushed down on the spending gas pedal.

BTW, your graph of Obama's deficit spending is fake news since Obama because responsible for the budget when the "stimulus" was passed. That happened early in 2009, which means he gets the credit for most of the steep incline.

Early in 2009 before any of his programs were even in effect. Nope. That was all Bush.
 
It wasn't his idea for the government to take over the student loan business?
If he puts the government on the hook, massively expands student loans and then
defaults end us costing the taxpayers big bucks.....who would you say was responsible?

So it's his fault that education costs are rising so fast?
13938480_10154476489168958_4333640835660590416_n.png

So it's his fault that education costs are rising so fast?

When the government throws tons of money at something, the price goes up.
They should stop.


Of course. Right wingers don't care much for education, even if it is the only way to keep America as the major power that it is.

Education is great. Why don't we have the government spend even more money on it,
so it can be even more expensive?

Back to the original point, when hundreds of billions in defaults occur, will Obama get any of the blame?

Nope. He has tirelessly worked to reduce the cost of education, but the right has fought him every step of the way.

He has tirelessly worked to reduce the cost of education

How?

but the right has fought him every step of the way.

The right wanted to spend more money than Obama? What are you smoking?
 
It's a good thing the Republicans took the House in 2010.
He'd have added $15 trillion if they hadn't stopped him.

So you're finally admitting that we are, and have been, making great strides getting our finances in order after your republican president crashed the economy. That's good.

Yes, a sure sign that Obama got our finances is order is a $9 trillion increase in the debt. DERP!

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending. Sorry if he didn't clean up your mess as fast as you wanted.
Yeah, he sure changed the way Republicans were spending. He pushed down on the spending gas pedal.

BTW, your graph of Obama's deficit spending is fake news since Obama because responsible for the budget when the "stimulus" was passed. That happened early in 2009, which means he gets the credit for most of the steep incline.

Early in 2009 before any of his programs were even in effect. Nope. That was all Bush.
His budget was in effect, moron. He signed the "stimulus" in February, a massive spending bill. Hence, the deficit shoots up dramatically. You're trying to blame the stimulus on Bush.
 
So you're finally admitting that we are, and have been, making great strides getting our finances in order after your republican president crashed the economy. That's good.

Yes, a sure sign that Obama got our finances is order is a $9 trillion increase in the debt. DERP!

Like I said before, imagine what it would have been if he didn't change the way republicans had been spending. Sorry if he didn't clean up your mess as fast as you wanted.
Yeah, he sure changed the way Republicans were spending. He pushed down on the spending gas pedal.

BTW, your graph of Obama's deficit spending is fake news since Obama because responsible for the budget when the "stimulus" was passed. That happened early in 2009, which means he gets the credit for most of the steep incline.

Early in 2009 before any of his programs were even in effect. Nope. That was all Bush.
His budget was in effect, moron. He signed the "stimulus" in February, a massive spending bill. Hence, the deficit shoots up dramatically. You're trying to blame the stimulus on Bush.

He also signed several sections of the 2009 budget that the Dems held up so they could pack in more pork that Bush would have vetoed.
 
So we lost 9.3 billion, thanks for confirming it. Also Bush only started because Obama wanted it done, Bush was against it and did it for Obama.

Bush never did anything he didn't want to do. Is that it? Is that all you can come up with? Obama continued the auto bailouts that Bush started, and saved the auto industry and all those jobs, so you claim Obama was bad for us financially? Pretty pathetic effort on your part.

I was against bailouts then and now. Too big to fail are dangerous for our nation. Your partisan BS is pathetic.

The auto bailouts worked. You're pathetic, and trying to blame Obama for all your imagined troubles is proof.

I don't blame Obama for my troubles, never did I say that. It is your way of personalizing the argument, it is an old and shitty tactic when you are losing an argument. The bailouts didn't need to be granted. Bankruptcy would have put the pressure on the business sector instead of increasing our debt.

Got it. You don't have a valid reason for all the whining about Obama's effect on our finances.

No, you said I blamed him for all my troubles. I gave you the reason we didn't need the bailout, we lost billions, that you can't accept the fact is your issue not mine.

How you twist what others say is pretty pathetic and a very weak argument style but when you are mentally disabled, I guess that is all you got. Good luck with that.
 
So how many of that 40% are still in school, and are not even due to start paying their loans yet? That is a good point for another discussion though. The student loan program is much better than it was, but education is still way too expensive.

You don't start repaying on a school loan until you are out of school either by graduating or dropping out.
 
Much of his spending was done in his first couple of years when he had the power. Yes, the Congress does control the spending, but in this instance, when the Congress cuts spending, the President threatens to veto and the government shuts down. When that happens, the Democrat machine kicks in and MSM reports it's the Republicans fault.

However if you look at the deficit chart, the deficit went on a decline after the Republicans gained leadership in Congress. Without DumBama, we may have had a balanced budget if Republicans had control of the Senate as well.

Well make up your mind. Either the economy is vastly improved during the Obama presidency, or it has not. You can't have it both ways.

We were discussing the deficit and not the economy. As far as the economy goes, it is better, but you can't pin that on Obama just because he happened to be there. The economy will always bounce back like it always does. If you want to credit somebody for the improvement, you have to show what they did exactly that created a better economy. Given the fact DumBama is the most anti-business President in our lifetime, you can't give him any credit at all.

So the deficit is in great shape. What are you whining about? Point out where you think Obama caused a bad economy, caused the big increase in the debt, or prevented the improvement in the deficit. You and the entire AltRight keep claiming Obama hurt us financially. Show me where and how.

For one was his tax increases. He increased taxes on our job creators and the wealthy. Two of course was Commie Care. Because there was so much air in the bill, job creators didn't know what was going to happen next. This person will be in charge of deciding this--that person will be in charge of deciding that, nobody knew what to think. Then there was the 50 employee limit. If you had under 50 employees, you were not subject to provide them healthcare. So businesses on that brink made sure to keep their staff under 50 even if it meant hiring foreigners (that don't count as employees), hiring part-time, and investments in automation which is the biggest threat to jobs in our country. There was absolutely no reason to encourage it.

Even today health insurance is costing an arm and a leg partly due to Commie Care. So employers that were not subject to providing healthcare insurance because they have smaller companies now find themselves in a very precarious position if they are currently giving their employees that benefit. In Arizona, the rates for next year will increase 110%.

Obama closed down the Gulf, he closed down cigarette shops across the country and put heavy restrictions on the Indians who made their living selling tobacco products. He closed down electric companies and forced the remaining open ones to invest millions of dollars in clean technology. He closed down auto dealerships when he first got in and threatened to close down Gibson Guitar which is one of the top guitar manufacturers in the country. He closed down coal mines. He placed a tax on medical devices which caused some to leave the country.

Then he decided to get into the banking industry. He made new restrictions on credit card and debit card companies costing them a fortune. He had the government takeover school loans which is a disaster now.

I could go on and on, but the point is he is the most anti-business President we've ever had. His actions did more to slow the economy than help it. And to be honest, we would still be in trouble today if not for our lower energy costs. Thanks to fracking (which Democrats are against) we now have an abundance of fuel and that puts a lot of money in the pockets of Americans between their gasoline, natural gas, and propane bills.

Try to stick to the subject. Shutting down the Gulf for the cleanup wasn't a tax, and Gibson Guitar being caught illegally importing banned material wasn't a tax either. Student loans actually saved us money and wasn't a tax .Credit card regulation protects the consumer, and is not a tax either. I guess the ACA can be considered a tax, but it has slowed the increase in premiums quite a lot.
Figures from the CBO and the Tax Policy Center show that average tax rates have risen under Obama, but part of the reason is that Obama also allowed some special tax cuts enacted during the recession to expire. If you go back to CBO figures before the recession and compare them with figures after it ended, the average household tax rate was about the same in 2006 as it was in 2013.
Now, Try again, and this time show how taxes are higher now than when he came into office.

Here is your question that I replied to:

Point out where you think Obama caused a bad economy

And I listed several items.

When DumBama first took office, one of his first issues was to increase taxes on cigarettes. This was after he promised that nobody making less than 250K would see a tax increase OF ANY KIND! Statistics show that tobacco users are mostly middle to lower-class groups. Later he increased taxes on those making over 450K a year, a higher corporate tax, and a higher capital gains tax. This is not to mention that under Commie Care, many people lost their employer sponsored healthcare which is a benefit and therefore not subject to taxation. Now that those people have to buy their own plan, it's with after-tax money.

So yes, he did raise taxes several times. The only tax he lowered was SS tax which did nothing more than rob our already disastrous system. That's the only tax break that he gave and then allowed to expire.
 
Again, uninformed voter. Don't you even know what Trump did for a living before he ran for the presidency? Yes, he has a mountain of negotiating skills. That's how he became a billionaire.

He has a mountain of bankruptcy filing skills.

What's Obama up to? $10 trillion in deficit spending? Yeah, this is obviously a standard to you ..
View attachment 103485

Funny how with that chart, Obama's deficit was so much higher than W's. You sure don't see that in the chart ...

That's because you don't know the difference between the deficit and the debt. The deficit is the difference between what we bring in and what we spend. The debt is the cumulation of that difference. The only way to reduce the debt is to reduce the deficit. We cut the deficit by 2/3 under Obama, but it is taking a while for the debt to catch up. Finances always work that way.

Your typical idiotic babble. Obama doubled the debt, he ran deficits totalling W and every other President in history combined, which you call cutting "the deficit by 2/3." What a tool.

So how was your last meeting with your minister where you cried about those immoral Republicans allowing their women to parade around in sexy clothing making you hot? Obviously the holidays didn't help you pull the stick out
 
Again, uninformed voter. Don't you even know what Trump did for a living before he ran for the presidency? Yes, he has a mountain of negotiating skills. That's how he became a billionaire.

He has a mountain of bankruptcy filing skills.

What's Obama up to? $10 trillion in deficit spending? Yeah, this is obviously a standard to you ..
View attachment 103485

Debt the day Bush left office....$10.626 trillion.
Debt yesterday....$19.878 trillion

So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

Because that he reduced the deficit is a lie. Large parts of deficit spending weren't counted. A CEO who did what Obama did would be in jail now
 
What's Obama up to? $10 trillion in deficit spending? Yeah, this is obviously a standard to you ..
View attachment 103485

Debt the day Bush left office....$10.626 trillion.
Debt yesterday....$19.878 trillion

So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

So how did Obama increase the debt that much and still decrease the deficit that much?

You understand that a single dollar of deficit will add a dollar to the debt? I guess not.

True, but the deficit had a steady decline, and was cut by 2/3, making the massive increase due to previous administrations.

You're ignoring again off book spending. You're also only counting the last year of W and the last year of O. And you're ignoring that O signed off on a bunch of W spending you're not counting.

No wonder they call you BULLSHIT, you're pegged
 
He has a mountain of bankruptcy filing skills.

What's Obama up to? $10 trillion in deficit spending? Yeah, this is obviously a standard to you ..
View attachment 103485

Funny how with that chart, Obama's deficit was so much higher than W's. You sure don't see that in the chart ...

That's because you don't know the difference between the deficit and the debt. The deficit is the difference between what we bring in and what we spend. The debt is the cumulation of that difference. The only way to reduce the debt is to reduce the deficit. We cut the deficit by 2/3 under Obama, but it is taking a while for the debt to catch up. Finances always work that way.

Your typical idiotic babble. Obama doubled the debt, he ran deficits totalling W and every other President in history combined, which you call cutting "the deficit by 2/3." What a tool.

So how was your last meeting with your minister where you cried about those immoral Republicans allowing their women to parade around in sexy clothing making you hot? Obviously the holidays didn't help you pull the stick out

I'm sorry that you and math disagree, but that is not my problem.
 
He has a mountain of bankruptcy filing skills.

What's Obama up to? $10 trillion in deficit spending? Yeah, this is obviously a standard to you ..
View attachment 103485

Debt the day Bush left office....$10.626 trillion.
Debt yesterday....$19.878 trillion

So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

Because that he reduced the deficit is a lie. Large parts of deficit spending weren't counted. A CEO who did what Obama did would be in jail now

You just can't accept facts. Good luck with that.
 

Debt the day Bush left office....$10.626 trillion.
Debt yesterday....$19.878 trillion

So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

So how did Obama increase the debt that much and still decrease the deficit that much?

You understand that a single dollar of deficit will add a dollar to the debt? I guess not.

True, but the deficit had a steady decline, and was cut by 2/3, making the massive increase due to previous administrations.

You're ignoring again off book spending. You're also only counting the last year of W and the last year of O. And you're ignoring that O signed off on a bunch of W spending you're not counting.

No wonder they call you BULLSHIT, you're pegged

The economy was in free fall when Obama was elected. It took a while to stop that fall and reverse direction. Every economic chart ever made during that time shows that. Nothing but steady improvement since then. Bush's mid east wars were mostly off the books. That might be the biggest reason the economy crashed.
 
Debt the day Bush left office....$10.626 trillion.
Debt yesterday....$19.878 trillion

So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

So how did Obama increase the debt that much and still decrease the deficit that much?

You understand that a single dollar of deficit will add a dollar to the debt? I guess not.

True, but the deficit had a steady decline, and was cut by 2/3, making the massive increase due to previous administrations.

You're ignoring again off book spending. You're also only counting the last year of W and the last year of O. And you're ignoring that O signed off on a bunch of W spending you're not counting.

No wonder they call you BULLSHIT, you're pegged

The economy was in free fall when Obama was elected. It took a while to stop that fall and reverse direction. Every economic chart ever made during that time shows that. Nothing but steady improvement since then. Bush's mid east wars were mostly off the books. That might be the biggest reason the economy crashed.

Nothing but steady improvement since then.

Weakest recovery since WWII.

Bush's mid east wars were mostly off the books.

What does that even mean?
 
So how did Obama increase the debt that much and still decrease the deficit that much? If it was debt he caused, the deficit would have had to have gone up. Please explain how that could happen?

So how did Obama increase the debt that much and still decrease the deficit that much?

You understand that a single dollar of deficit will add a dollar to the debt? I guess not.

True, but the deficit had a steady decline, and was cut by 2/3, making the massive increase due to previous administrations.

You're ignoring again off book spending. You're also only counting the last year of W and the last year of O. And you're ignoring that O signed off on a bunch of W spending you're not counting.

No wonder they call you BULLSHIT, you're pegged

The economy was in free fall when Obama was elected. It took a while to stop that fall and reverse direction. Every economic chart ever made during that time shows that. Nothing but steady improvement since then. Bush's mid east wars were mostly off the books. That might be the biggest reason the economy crashed.

Nothing but steady improvement since then.

Weakest recovery since WWII.

Bush's mid east wars were mostly off the books.

What does that even mean?

The recovery could have been a lot better if the right hadn't blocked every effort to improve it. Infrastructure spending, blocked by the right, would have made a drastic difference. Trump is now trying to act like infrastructure spending is a new idea he came up with.
Off the books means it was not included in the budget. The cost was not considered when planning how much money the country needed to bring in.
 

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