Obama administration is an abject failure?

in support of my previous statement... when you add up each of Obamas deficits... you get trillions.

http://www.cbsnews.com/8301-250_162-57572177/national-debt-up-$6-trillion-since-obama-took-office/

Contributing to the National Debt, the federal deficit has topped $1 trillion four years running. Mr. Obama has routinely blamed his predecessor for policies that has sent the debt soaring on his watch.

--

Any recent decrease in the deficit spending is likely due to the sequester.
Ak should be asking for another sequester. .
 
Quote from jem:

in support of my previous statement...

http://www.cbsnews.com/8301-250_162-57572177/national-debt-up-$6-trillion-since-obama-took-office/

Any decrease in the deficit spending is likely due to the sequester.
Ak should be asking for another one.

Its easy to add 6 trillion in debt when you come into office with a trillion dollar deficit.If Obama had come into office with a balanced budget like Bush did he would not have added 6 trillion in debt.

The sequester cuts are only around 100 billion a year a jem
 
Quote from jem:

in support of my previous statement... when you add up each of Obamas deficits... you get trillions.

http://www.cbsnews.com/8301-250_162-57572177/national-debt-up-$6-trillion-since-obama-took-office/

Contributing to the National Debt, the federal deficit has topped $1 trillion four years running. Mr. Obama has routinely blamed his predecessor for policies that has sent the debt soaring on his watch.
And he is correct, to a degree. Cutting government income (taxes) while increasing government spending was Bush's action. Along comes Obama and inherits lowered revenue because of the tax cuts, falling revenue because of the recession, rising non-discretionary spending because of the recession, and still inflated spending because of the wars.
 
Quote from AK Forty Seven:

The value of a dollar today isn't the same as it was in 1982.The value of a dollar changes,percentages don't
Ok, Change the chart from percent to dollars , then use 1982 dollars as your base.

Then see the disaster Obama is.
 
Quote from Mercor:

Ok, Change the chart from percent to dollars , then use 1982 dollars as your base.

Then see the disaster Obama is.

Its much easier to just use % merc since that doesn't change but feel free to post it if you wish
 
Quote from AK Forty Seven:

Its much easier to just use % merc since that doesn't change but feel free to post it if you wish
Its much easier because a percent bar chart contours the facts to give you a visual chart that misleads the truth.

I hope you don't manipulate statistics like this and then try to trade from them. Your charts are phoney.
 
Okay...I got one for you (anybody).

1. What was the national debt when Bush left office?

2. What is the national debt now, under Obama?

Either side, don't spin, just state the numbers to questions 1 & 2.
 
Quote from BSAM:



1. What was the national debt when Bush left office?



Don't know but the deficit was a trillion dollars when Bush left office.I know if you come into office with a trillion dollars a year more in bills then revenue you're going to add trillions to the debt pretty quickly
 
Quote from AK Forty Seven:

Don't know but the deficit was a trillion dollars when Bush left office.I know if you come into office with a trillion dollars a year more in bills then revenue you're going to add trillions to the debt pretty quickly

innnnk...wrong answer.
 
Quote from BSAM:

innnnk...wrong answer.

If you're going to bring up Obamas debt its only fair to bring up Bushs part in that debt,the part where Bush left Obama a trillion dollars a year more in bills then revenue.
 
Back
Top