- Thread starter
- #121
The biggest mis conception of Obama is that he inherited a Government that was in shambles. The banking sector and the housing sector was in shambles but the U.S. govt. Was not in that bad of shape.
In fact:
2007 we were within 163 billion of a balanced budget
2008 we signed the peace treaty with Iraq that today we see has came to pass, all troops will be gone in 8 weeks or so
Tarp and the 250 billion that GWB Admin used stopped the banking collapsed and that sector was turned around in months. Not like it was in 07, but also not collapsing either. Most of that money we got back in months
So exactly what was it that Obama inherited that forced him to spend over 4 trillion dollars we did not have?
Fucking idiot. Bush never included the cost of either war or the cost of his tax cuts in his budgets. What is wrong with these right wingers. The economy was losing 750,000 jobs a MONTH when Obama was sworn in. From 2001 to 2008, Republicans, working with China and the Chamber of Commerce moved MILLIONS of jobs to China. MILLIONS!
Just stop it already. We know what happened. We were there.
The dificit numbers reflected the cost of the wara, tax wealth is MY money to start with you idiot
we know you do not work for a living
Bush Deficit vs. Obama Deficit in Pictures
I hate to call any-one names but the US govt cutting our taxes did not cost them a dime, they just collect less welath
By the way look how close we got to a balanced budget in 2007
http://en.wikipedia.org/wiki/United_States_federal_budget,_2007
Last edited: