Toddsterpatriot
Diamond Member
Again as far as Obama's spending versus Bush.... wow!!!
Now a true comparison should be what is the total 8 years for Obama.
The estimate for 2016 is this: $3.525 trillion in Receipts..... $3.999 trillion in spending or a $.474 trillion.
Add that deficit to the total deficit Obama has rung up of $6.696 plus the 2016E of $.474 is $7.170 trillion total for 8 years.
Compare $7.170 trillion in deficit spending by Obama over 8 years to Bush's $2.005 deficit spending how much of an increase in the deficit spending?
Obama's deficit are 358% more then Bush's deficit spending.... i.e. nearly 400% deficit spending INCREASE by Obama!
You are right. I was wrong. it 347% not 400%.
You also forgot though to add to Obama's deficit the following:
TARP paid back $672B and Obama spent THAT!...
Add that to his $7.170 billion and you get $7.842 Billion or 391% more then Bush.
REMEMBER the deficits start at Zero each year. Bush started at Zero in 2001,Obama started at zero 2009!
If Bush spent exactly as much as came in the deficit would be zero. Therefore Obama started at ZERO deficit but spent each year more then Bush did!
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REMEMBER the deficits start at Zero each year.
Bush ran up the National Debt from $5.7 trillion to $10.6 trillion, he added $4.9 trillion.
Obama ran up the National Debt from $10.6 trillion to $19.1 trillion, so far, for an addition of $8.5 trillion.
8.5 is 73% more than 4.9
You are right. I was wrong. it 347% not 400%.
You should probably stop posting math, because you suck at it, seriously.
And once you are talking about the DEBT!
NOT deficit spending do you understand the difference???
The national debt is when there is a deficit the US borrows to pay the deficit. That borrowing adds to the DEBT!
The deficit spending by Obama WAS 400% more then Bush and remember NOTHING adverse has happened during Obama's terms!
NO hurricanes. NO 9/11... No dot.com bust that cost $8 trillion in market losses. NOTHING of those gigantic events.
So why is that hard to admit? THEY happened! Nothing like that has happened to obama. And in spite of NO major events that costs TAX revenues
ObAMA has spent 400% more then BUSH!
And once you are talking about the DEBT!
Yes, that's what you get when you spend more than revenues.
NOT deficit spending do you understand the difference???
The deficit spending adds to the debt, that's why I'm showing how much was added to the debt.
The deficit spending by Obama WAS 400% more then Bush
Nope. Obama's deficit spending is $8.5 trillion, so far, compared to $4.9 trillion, for Bush.
ObAMA has spent 400% more then BUSH!
You should stop posting your math errors, they make you look stupid.