Quote:
Originally Posted by Adak
When you overspend by a Trillion dollars in EVERY YEAR, and still can't restore a robust economy.
Time for you to go. You've done all the good you could do, clearly.
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That ultra liberal newspaper (sarcasm), the
Wall Street Journal, says you are full of shit. Why do you lie so much?
Quote:
• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.
• In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.
• In fiscal 2011, spending rose 4.3% to $3.60 trillion.
• In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.
• Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook.
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What's that you say? Oh, I see, you said "overspend" not "spend". You don't care that Obama has increased the budget less than any president since Ike in the 1950s? You still think that when the economy is weak and tax revenue is lower, the government should spend within its means? Don't you realize that when times get tough, that's when you get more people who are unemployed and you need the government to come in and pay for services that weren't needed so much during the boom years.
It like a family, saving up for a rainy day during the good times, and then spending some of that rainy day fund to get through the bad times.