Screw "Tax The Poor" Capitalism.

[Toddsterpatriot]

He spent like a mutha fucka.....added moronic regulations.
Tried his hardest to cripple our economy.
Would have over-spent and over-regulated, even more, if the voters hadn't spanked him in 2010.
We're resilient. We outlasted him.

Your inability to point to specific laws and policies noted Bubs

May 22, 2012

Obama spending binge never happened

Government outlays rising at slowest pace since 1950s
Obama spending binge never happened


Charts: What if Obama spent like Reagan?


January 31, 2013

In 10 of the past 12 quarters, total government spending and investment has fallen, dragging down the Obama economy.

....Or, to put it differently, over Obama's first term, falling government spending and investment snipped, on average, .11 percentage points of GDP off of (annualized) quarterly growth. During Reagan's first term, it added .68 percentage points, and during Bush's first term, it added .52 percentage points.

...The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Moreover, these numbers are, in large part, functions of the economies the three men inherited. Each saw a recession in their first term, but Obama's was by far the worst, and so it led to much more severe cutbacks in state and local spending.

Rather, these graphs simply establish a basic fact about Obama's term: While deficits have indeed been high, government spending and investment has been falling since 2010. This is, in recent presidential administrations, a simply unprecedented response to a recession.


Just for fun, I took Obama's GDP growth, netted out the effect of government spending and investment, and then added the total government spending and investment numbers — which include state and local government — from Reagan's first term. The result is a significantly better economy, with growth since 2010 averaging 3.2 percent rather than 2.4 percent.
Charts: What if Obama spent like Reagan?

Obama spending binge never happened

Sure it did. It's right there in 2009.
The Treasury spent at least $560 billion on TARP by October 2009, plus all the "stimulus" spending.
Subtract out the TARP spending in 2008/2009, and then add it back into the spending in 2010 and 2011, as it was repaid, to get a truer look at Obama's spending binge.

REALLY? BY OCT 2009? LINKIE?

TARP? OH RIGHT DUBYA'S THING



Jan 7, 2009

$1.2 trillion deficit looms

The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

CBO projects record $1.2 trillion deficit - Jan. 7, 2009


BUT AFTER 8 YEARS OF DUBYA/GOP "JOB CREATOR" POLICIES SOMEONE HAD TO KEEP US FROM GOING INTO THE SECOND GOP GREAT DEPRESSION BUBBA!



TARP? Oh right because Dubya had 7 years of "don't need no stinking regulators on the beat" BS going on as he cheered on the Banksters bubble

REALLY? BY OCT 2009? LINKIE?

Bailout Timeline: Another Day, Another Bailout | Eye on the Bailout | ProPublica

TARP? OH RIGHT DUBYA'S THING

Yup.

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

 

[Toddsterpatriot]

He spent like a mutha fucka.....added moronic regulations.
Tried his hardest to cripple our economy.
Would have over-spent and over-regulated, even more, if the voters hadn't spanked him in 2010.
We're resilient. We outlasted him.

Your inability to point to specific laws and policies noted Bubs

May 22, 2012

Obama spending binge never happened

Government outlays rising at slowest pace since 1950s
Obama spending binge never happened


Charts: What if Obama spent like Reagan?


January 31, 2013

In 10 of the past 12 quarters, total government spending and investment has fallen, dragging down the Obama economy.

....Or, to put it differently, over Obama's first term, falling government spending and investment snipped, on average, .11 percentage points of GDP off of (annualized) quarterly growth. During Reagan's first term, it added .68 percentage points, and during Bush's first term, it added .52 percentage points.

...The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Moreover, these numbers are, in large part, functions of the economies the three men inherited. Each saw a recession in their first term, but Obama's was by far the worst, and so it led to much more severe cutbacks in state and local spending.

Rather, these graphs simply establish a basic fact about Obama's term: While deficits have indeed been high, government spending and investment has been falling since 2010. This is, in recent presidential administrations, a simply unprecedented response to a recession.


Just for fun, I took Obama's GDP growth, netted out the effect of government spending and investment, and then added the total government spending and investment numbers — which include state and local government — from Reagan's first term. The result is a significantly better economy, with growth since 2010 averaging 3.2 percent rather than 2.4 percent.

WAPO:

Charts: What if Obama spent like Reagan?

The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Yeah, thanks for being so thrifty, Obama. LOL!

Unlike the GOP who just cuts revenues AS they blow up spending ala Ronnie/Dubya

Unlike the GOP who just cuts revenues

Yup. Cut revenues so much that the FY 2007 deficit was $161 billion.

When was Obama's that low after all the jobs he created and the taxes he hiked on those nasty rich people?

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

 

[Tehon]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

 

[JonKoch]

Your inability to point to specific laws and policies noted Bubs

May 22, 2012

Obama spending binge never happened

Government outlays rising at slowest pace since 1950s
Obama spending binge never happened


Charts: What if Obama spent like Reagan?


January 31, 2013

In 10 of the past 12 quarters, total government spending and investment has fallen, dragging down the Obama economy.

....Or, to put it differently, over Obama's first term, falling government spending and investment snipped, on average, .11 percentage points of GDP off of (annualized) quarterly growth. During Reagan's first term, it added .68 percentage points, and during Bush's first term, it added .52 percentage points.

...The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Moreover, these numbers are, in large part, functions of the economies the three men inherited. Each saw a recession in their first term, but Obama's was by far the worst, and so it led to much more severe cutbacks in state and local spending.

Rather, these graphs simply establish a basic fact about Obama's term: While deficits have indeed been high, government spending and investment has been falling since 2010. This is, in recent presidential administrations, a simply unprecedented response to a recession.


Just for fun, I took Obama's GDP growth, netted out the effect of government spending and investment, and then added the total government spending and investment numbers — which include state and local government — from Reagan's first term. The result is a significantly better economy, with growth since 2010 averaging 3.2 percent rather than 2.4 percent.
Charts: What if Obama spent like Reagan?

Obama spending binge never happened

Sure it did. It's right there in 2009.
The Treasury spent at least $560 billion on TARP by October 2009, plus all the "stimulus" spending.
Subtract out the TARP spending in 2008/2009, and then add it back into the spending in 2010 and 2011, as it was repaid, to get a truer look at Obama's spending binge.

REALLY? BY OCT 2009? LINKIE?

TARP? OH RIGHT DUBYA'S THING



Jan 7, 2009

$1.2 trillion deficit looms

The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

CBO projects record $1.2 trillion deficit - Jan. 7, 2009


BUT AFTER 8 YEARS OF DUBYA/GOP "JOB CREATOR" POLICIES SOMEONE HAD TO KEEP US FROM GOING INTO THE SECOND GOP GREAT DEPRESSION BUBBA!



TARP? Oh right because Dubya had 7 years of "don't need no stinking regulators on the beat" BS going on as he cheered on the Banksters bubble

REALLY? BY OCT 2009? LINKIE?

Bailout Timeline: Another Day, Another Bailout | Eye on the Bailout | ProPublica

TARP? OH RIGHT DUBYA'S THING

Yup.

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

 

[JonKoch]

Your inability to point to specific laws and policies noted Bubs

May 22, 2012

Obama spending binge never happened

Government outlays rising at slowest pace since 1950s
Obama spending binge never happened


Charts: What if Obama spent like Reagan?


January 31, 2013

In 10 of the past 12 quarters, total government spending and investment has fallen, dragging down the Obama economy.

....Or, to put it differently, over Obama's first term, falling government spending and investment snipped, on average, .11 percentage points of GDP off of (annualized) quarterly growth. During Reagan's first term, it added .68 percentage points, and during Bush's first term, it added .52 percentage points.

...The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Moreover, these numbers are, in large part, functions of the economies the three men inherited. Each saw a recession in their first term, but Obama's was by far the worst, and so it led to much more severe cutbacks in state and local spending.

Rather, these graphs simply establish a basic fact about Obama's term: While deficits have indeed been high, government spending and investment has been falling since 2010. This is, in recent presidential administrations, a simply unprecedented response to a recession.


Just for fun, I took Obama's GDP growth, netted out the effect of government spending and investment, and then added the total government spending and investment numbers — which include state and local government — from Reagan's first term. The result is a significantly better economy, with growth since 2010 averaging 3.2 percent rather than 2.4 percent.

WAPO:

Charts: What if Obama spent like Reagan?

The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Yeah, thanks for being so thrifty, Obama. LOL!

Unlike the GOP who just cuts revenues AS they blow up spending ala Ronnie/Dubya

Unlike the GOP who just cuts revenues

Yup. Cut revenues so much that the FY 2007 deficit was $161 billion.

When was Obama's that low after all the jobs he created and the taxes he hiked on those nasty rich people?

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

Good for you Bubs, you'll stick with the bubble economy on Dubya for EVERYTHING? lmaorog


Dubya lost 600,000+ jobs with his "job creator policies" Bubs, even stopping at the peak of the Dubya bubble in 2007, Obama tears his "job creation" BS apart!

 

[danielpalos]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

Why should it be a problem as long as they circulate capital to ensure liquidity in our markets?

 

[Tehon]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

Why should it be a problem as long as they circulate capital to ensure liquidity in our markets?

Who is going to supply the unemployment compensation?

 

[danielpalos]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

Why should it be a problem as long as they circulate capital to ensure liquidity in our markets?

Who is going to supply the unemployment compensation?

Firms; a general tax on firms will be less expensive than our current regime.

 

[EdwardBaiamonte]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

Why should it be a problem as long as they circulate capital to ensure liquidity in our markets?

Who is going to supply the unemployment compensation?

when you have capitalism supply equals demand so there is no unemployment

 

[Toddsterpatriot]

Obama spending binge never happened

Sure it did. It's right there in 2009.
The Treasury spent at least $560 billion on TARP by October 2009, plus all the "stimulus" spending.
Subtract out the TARP spending in 2008/2009, and then add it back into the spending in 2010 and 2011, as it was repaid, to get a truer look at Obama's spending binge.

REALLY? BY OCT 2009? LINKIE?

TARP? OH RIGHT DUBYA'S THING



Jan 7, 2009

$1.2 trillion deficit looms

The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

CBO projects record $1.2 trillion deficit - Jan. 7, 2009


BUT AFTER 8 YEARS OF DUBYA/GOP "JOB CREATOR" POLICIES SOMEONE HAD TO KEEP US FROM GOING INTO THE SECOND GOP GREAT DEPRESSION BUBBA!



TARP? Oh right because Dubya had 7 years of "don't need no stinking regulators on the beat" BS going on as he cheered on the Banksters bubble

REALLY? BY OCT 2009? LINKIE?

Bailout Timeline: Another Day, Another Bailout | Eye on the Bailout | ProPublica

TARP? OH RIGHT DUBYA'S THING

Yup.

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

 

[Toddsterpatriot]

The point isn't that Reagan and Bush were big spenders while Obama favors austerity. If it were up to Obama, the federal government would have spent much more since 2010.


Yeah, thanks for being so thrifty, Obama. LOL!

Unlike the GOP who just cuts revenues AS they blow up spending ala Ronnie/Dubya

Unlike the GOP who just cuts revenues

Yup. Cut revenues so much that the FY 2007 deficit was $161 billion.

When was Obama's that low after all the jobs he created and the taxes he hiked on those nasty rich people?

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

Good for you Bubs, you'll stick with the bubble economy on Dubya for EVERYTHING? lmaorog


Dubya lost 600,000+ jobs with his "job creator policies" Bubs, even stopping at the peak of the Dubya bubble in 2007, Obama tears his "job creation" BS apart!

Yeah, Obama was awesome with his $9.3 trillion in added debt.
You'd think with all those extra jobs, and ending the wars and stopping the rise of the oceans, he should have half of Bush's addition to the debt, instead of nearly double, eh comrade?

 

[Toddsterpatriot]

Labor should be able to quit their day job if they simply no longer have any will to work there, and collect unemployment compensation.

Indefinitely?

lol. capitalism has a "natural" rate of unemployment.

Yes, the reserve army of labour. How long do you think you can sustain the reserve army of labour on an at-will basis?

Why should it be a problem as long as they circulate capital to ensure liquidity in our markets?

Who is going to supply the unemployment compensation?

He wants to tax companies, to pay bums to not work.

He thinks that somehow helps GDP.

I'd always read that weed fries your brain, he's the proof.

 

[JonKoch]

REALLY? BY OCT 2009? LINKIE?

TARP? OH RIGHT DUBYA'S THING



Jan 7, 2009

$1.2 trillion deficit looms

The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

CBO projects record $1.2 trillion deficit - Jan. 7, 2009


BUT AFTER 8 YEARS OF DUBYA/GOP "JOB CREATOR" POLICIES SOMEONE HAD TO KEEP US FROM GOING INTO THE SECOND GOP GREAT DEPRESSION BUBBA!



TARP? Oh right because Dubya had 7 years of "don't need no stinking regulators on the beat" BS going on as he cheered on the Banksters bubble

REALLY? BY OCT 2009? LINKIE?

Bailout Timeline: Another Day, Another Bailout | Eye on the Bailout | ProPublica

TARP? OH RIGHT DUBYA'S THING

Yup.

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

HEY DUMMY, NOTE I GAVE YOU A LINK??? LOL

Here let's spank you again Bubba:


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO. So the one-time bump in spending amounted to about 4 percent of fiscal 2009 spending.

It’s true that money recovered since then is recorded as negative spending rather than as increased revenues. And that does artificially reduce Obama’s spending figures — but not by much.

Obama's Spending: 'Inferno' or Not? - FactCheck.org


TOTAL OUTLAYS F/Y 2009 -$154 BILLION BUBBA
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf


Aren't you getting embarrassed yet Bubs?

 

[JonKoch]

Unlike the GOP who just cuts revenues AS they blow up spending ala Ronnie/Dubya

Unlike the GOP who just cuts revenues

Yup. Cut revenues so much that the FY 2007 deficit was $161 billion.

When was Obama's that low after all the jobs he created and the taxes he hiked on those nasty rich people?

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

Good for you Bubs, you'll stick with the bubble economy on Dubya for EVERYTHING? lmaorog


Dubya lost 600,000+ jobs with his "job creator policies" Bubs, even stopping at the peak of the Dubya bubble in 2007, Obama tears his "job creation" BS apart!

Yeah, Obama was awesome with his $9.3 trillion in added debt.
You'd think with all those extra jobs, and ending the wars and stopping the rise of the oceans, he should have half of Bush's addition to the debt, instead of nearly double, eh comrade?

Weird you don't understand POLICY inherited caused debt yet, unlike Dubyas/GOP "job creator" period, Obama saw a record string of 83 straight months of private sector jobs growth, 16 million jobs Bubba


Are you EVER going to show policies Obama started that created the debt??? lol

 

[Toddsterpatriot]

REALLY? BY OCT 2009? LINKIE?

Bailout Timeline: Another Day, Another Bailout | Eye on the Bailout | ProPublica

TARP? OH RIGHT DUBYA'S THING

Yup.

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

HEY DUMMY, NOTE I GAVE YOU A LINK??? LOL

Here let's spank you again Bubba:


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO. So the one-time bump in spending amounted to about 4 percent of fiscal 2009 spending.

It’s true that money recovered since then is recorded as negative spending rather than as increased revenues. And that does artificially reduce Obama’s spending figures — but not by much.

Obama's Spending: 'Inferno' or Not? - FactCheck.org


TOTAL OUTLAYS F/Y 2009 -$154 BILLION BUBBA
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf


Aren't you getting embarrassed yet Bubs?

You think that the Feds only spent $154 billion on TARP?
DERP!

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.

The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

https://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx#Bank

I am embarrassed. Wasting so much time on someone as stupid as you.

Tell me again about that 40% SS tax hike. LOL!

 

[Toddsterpatriot]

Unlike the GOP who just cuts revenues

Yup. Cut revenues so much that the FY 2007 deficit was $161 billion.

When was Obama's that low after all the jobs he created and the taxes he hiked on those nasty rich people?

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

Good for you Bubs, you'll stick with the bubble economy on Dubya for EVERYTHING? lmaorog


Dubya lost 600,000+ jobs with his "job creator policies" Bubs, even stopping at the peak of the Dubya bubble in 2007, Obama tears his "job creation" BS apart!

Yeah, Obama was awesome with his $9.3 trillion in added debt.
You'd think with all those extra jobs, and ending the wars and stopping the rise of the oceans, he should have half of Bush's addition to the debt, instead of nearly double, eh comrade?

Weird you don't understand POLICY inherited caused debt yet, unlike Dubyas/GOP "job creator" period, Obama saw a record string of 83 straight months of private sector jobs growth, 16 million jobs Bubba


Are you EVER going to show policies Obama started that created the debt??? lol

I love that a guy can be President for 8 years and have no policies that spent a single dollar.
Is it because he was black....ish?

 

[JonKoch]

So by the end of Dubya's final F/Y budget they spent half of Dubya's TARP money he authorized? So the other half was "credited" to Obama???

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

HEY DUMMY, NOTE I GAVE YOU A LINK??? LOL

Here let's spank you again Bubba:


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO. So the one-time bump in spending amounted to about 4 percent of fiscal 2009 spending.

It’s true that money recovered since then is recorded as negative spending rather than as increased revenues. And that does artificially reduce Obama’s spending figures — but not by much.

Obama's Spending: 'Inferno' or Not? - FactCheck.org


TOTAL OUTLAYS F/Y 2009 -$154 BILLION BUBBA
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf


Aren't you getting embarrassed yet Bubs?

You think that the Feds only spent $154 billion on TARP?
DERP!

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.

The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

View attachment 128066

View attachment 128067

https://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx#Bank

I am embarrassed. Wasting so much time on someone as stupid as you.

Tell me again about that 40% SS tax hike. LOL!

So NOW you throw out a different number Bubs?

NOW WHO TO BELIEVE? LMAOROG


Your first link is BS, It's just a graph with nothing


YOUR SECOND LINK BUBS, THE CBO?

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.
The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

LET'S SEE WHAT CBO SAID IN 2011 IN HIND SITE WHEN THEY DID THE ACCOUNTING SHALL WE BUBBA?


November 7, 2011


MONTHLY BUDGET REVIEW Fiscal Year 2011 A Congressional Budget Office Analysis


TOTAL OUTLAYS- F/Y 2009 (DUBYA'S FINAL F/Y BUDGET) - TARP $154 BILLION


NOW DO YOU WANT TO CONTINUE TO BE A LYING POS OR ACCEPT REALITY BUBBA?
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

 

[JonKoch]

How about 2008 and 2009 Bubs? Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Taxes he hiked on the "job creators"??? Hint he created MILLIONS more than were created under Dubya

How about 2008 and 2009 Bubs?

How about 2008 and 2009?
You can just admit Obama never got close to a $161 billion deficit.
And as your own link admitted, If it were up to Obama, the federal government would have spent much more since 2010.


Hint 2007 budged was built on Dubya's Bankster ponzi scheme "home ownership" society BS

Yup, just as Clinton's "surplus" years were based on the BS Internet Bubble.

Hint he created MILLIONS more than were created under Dubya

Yup, he was such a tough budget hawk, raised taxes on the rich and created so many millions of jobs that his best annual deficit was still more than 2.7 times the 2007 deficit.

Good for you Bubs, you'll stick with the bubble economy on Dubya for EVERYTHING? lmaorog


Dubya lost 600,000+ jobs with his "job creator policies" Bubs, even stopping at the peak of the Dubya bubble in 2007, Obama tears his "job creation" BS apart!

Yeah, Obama was awesome with his $9.3 trillion in added debt.
You'd think with all those extra jobs, and ending the wars and stopping the rise of the oceans, he should have half of Bush's addition to the debt, instead of nearly double, eh comrade?

Weird you don't understand POLICY inherited caused debt yet, unlike Dubyas/GOP "job creator" period, Obama saw a record string of 83 straight months of private sector jobs growth, 16 million jobs Bubba


Are you EVER going to show policies Obama started that created the debt??? lol

I love that a guy can be President for 8 years and have no policies that spent a single dollar.
Is it because he was black....ish?

No Bubs, I'm sure MANY of his policies spent money, but unlike you, I was able to show how Ronnie/Dubya gutting revenues AS they blew up spending WAS the result of policies that Obama inherited that drove the VAST majority of debt!!!

 

[Toddsterpatriot]

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

HEY DUMMY, NOTE I GAVE YOU A LINK??? LOL

Here let's spank you again Bubba:


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO. So the one-time bump in spending amounted to about 4 percent of fiscal 2009 spending.

It’s true that money recovered since then is recorded as negative spending rather than as increased revenues. And that does artificially reduce Obama’s spending figures — but not by much.

Obama's Spending: 'Inferno' or Not? - FactCheck.org


TOTAL OUTLAYS F/Y 2009 -$154 BILLION BUBBA
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf


Aren't you getting embarrassed yet Bubs?

You think that the Feds only spent $154 billion on TARP?
DERP!

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.

The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

View attachment 128066

View attachment 128067

https://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx#Bank

I am embarrassed. Wasting so much time on someone as stupid as you.

Tell me again about that 40% SS tax hike. LOL!

So NOW you throw out a different number Bubs?

NOW WHO TO BELIEVE? LMAOROG


Your first link is BS, It's just a graph with nothing


YOUR SECOND LINK BUBS, THE CBO?

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.
The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

LET'S SEE WHAT CBO SAID IN 2011 IN HIND SITE WHEN THEY DID THE ACCOUNTING SHALL WE BUBBA?


November 7, 2011


MONTHLY BUDGET REVIEW Fiscal Year 2011 A Congressional Budget Office Analysis


TOTAL OUTLAYS- F/Y 2009 (DUBYA'S FINAL F/Y BUDGET) - TARP $154 BILLION


NOW DO YOU WANT TO CONTINUE TO BE A LYING POS OR ACCEPT REALITY BUBBA?
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

So NOW you throw out a different number Bubs?

Well, ya moron, if you said $154 billion and I show you a source that shows they spent more than that in 2008 alone...that should be enough to show the idiocy of your claim.

But you are an idiot.........

 

[Toddsterpatriot]

The Treasury spent at least $560 billion on TARP by October 2009....DERP.

Got it Bubs you'll continue your lying *shaking head*


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

Bubba, you REALLY need to work on that math

Can you even fucking read?

The Treasury spent at least $560 billion on TARP by October 2009

Add up the numbers, ya tard.

HEY DUMMY, NOTE I GAVE YOU A LINK??? LOL

Here let's spank you again Bubba:


Actual outlays for TARP in fiscal 2009 totaled $154 billion, according to the CBO. So the one-time bump in spending amounted to about 4 percent of fiscal 2009 spending.

It’s true that money recovered since then is recorded as negative spending rather than as increased revenues. And that does artificially reduce Obama’s spending figures — but not by much.

Obama's Spending: 'Inferno' or Not? - FactCheck.org


TOTAL OUTLAYS F/Y 2009 -$154 BILLION BUBBA
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf


Aren't you getting embarrassed yet Bubs?

You think that the Feds only spent $154 billion on TARP?
DERP!

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.

The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

View attachment 128066

View attachment 128067

https://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx#Bank

I am embarrassed. Wasting so much time on someone as stupid as you.

Tell me again about that 40% SS tax hike. LOL!

So NOW you throw out a different number Bubs?

NOW WHO TO BELIEVE? LMAOROG


Your first link is BS, It's just a graph with nothing


YOUR SECOND LINK BUBS, THE CBO?

This is the first of CBO’s statutory reports on the TARP’s transactions. Through December 31, 2008, those transactions totaled $247 billion. Valuing those assets using procedures similar to those specified in the Federal Credit Reform Act (FCRA), but adjusting for market risk as specified in the EESA, CBO estimates that the subsidy cost of those transactions (broadly speaking, the difference between what the Treasury paid for the investments or lent to the firms and the market value of those transactions) amounts to $64 billion.
The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008

LET'S SEE WHAT CBO SAID IN 2011 IN HIND SITE WHEN THEY DID THE ACCOUNTING SHALL WE BUBBA?


November 7, 2011


MONTHLY BUDGET REVIEW Fiscal Year 2011 A Congressional Budget Office Analysis


TOTAL OUTLAYS- F/Y 2009 (DUBYA'S FINAL F/Y BUDGET) - TARP $154 BILLION


NOW DO YOU WANT TO CONTINUE TO BE A LYING POS OR ACCEPT REALITY BUBBA?
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011_Nov_MBR.pdf

As of the end of December, the Treasury had spent $247 billion of the first $350 billion (see Table 1) and had plans in place for most of the rest of that half of the funds. Although CBO believes that the budget should record only the subsidy cost of those purchases (an estimated $64 billion through December 31), the Treasury has had to borrow the full amount disbursed, thereby increasing debt held by the public by $247 billion. Disbursements and commitments so far fall into three categories: capital purchases, loans, and other actions.


https://www.cbo.gov/sites/default/files/111th-congress-2009-2010/reports/01-16-tarp.pdf

DERP!