tschmath Loc: Los Angeles

Now we find out that the deficit will hit a five-year low. Exactly where is all that unconstitutional out-of-control spending that right wing crazies always claim is driving this country into the ground? Since 2009 the deficit had come down every single year. Yet righties still believe the lies their tin foil hat leaders tell them and continue to spew at us every time they can. Even the # 2 Republican in the House Eric Cantor repeated the lie this past weekend in spite of the truth that had been released by the CBO. Simply amazing.

TrainNut Loc: Ridin' the rails

Voodoo economics.



It may be going down but it is still not lower than when he took over.

TrainNut Loc: Ridin' the rails

Obama Deficits....................Bush Deficits
2014: $744 billion............2008: $458 billion
2013: $973 billion............2007: $161 billion
2012: $1,087 billion
2011: $1.300 billion
2010: $1,294 billion
2009: $1,413 billion

It is easy to reduce the deficit if you start so high.

PrairieSeasons Loc: Red River of the North

Particularly when he promised to cut it in half by the end of his first term. I blame that more on naivety than on dishonesty, but in either case Obama has been in over his head since the beginning of his first term. If you hire incompetent rookies, the outcome is quite predictable.

Cragzop Loc: NYC

All bets are off once obamacare hits the ground.

tschmath Loc: Los Angeles

Another right wing lie. Every study, including those by the CBO, has shown that Obamacare will have a significant impact on reducing the deficit. That's one reason why Republicans will never repeal it. They KNOW they'll get creamed by Democrats on this one fact alone.

RixPix Loc: Miami, Florida

Bush budget deficits DO NOT include the costs of waging the wars in Iraq and Afghanistan...the Obama DO include theses costs. Therein lies that wonderful REPUBLICAN MATH...you know that math that makes you feel good but is totally inaccurate!

Cragzop Loc: NYC

Significant impact? How, by raising our taxes?

1) I will be forced to pay more for my health care through my employer, as well as eventually having my health bennies taxed at the federal level as income....you think not? Did you notice that extra line on your w2 in 2012 that just for "educational purposes" shows how much your health care benefits are worth...if you don't believe that will eventually be taxed, there's this glorious bridge right outside my window I'd like to sell you.

2) "Cadillac" health care plans will be taxed too. I guess this won't have any impact on the economy. What this implies is, like I have been saying all along, there will be a 2 tier health care delivery system.: I can go to my doc in the box at the local mall for my chemotherapy?...so what does obamacare change?

You guys on the left won't be happy until you take hard working people's money, yeah, even those making obscene amounts in your eyes, and redistributing it to the down trodden and oppressed....how long does that paradigm last? We all are NOT equal...and all attempts at social engineering have failed.....

orindaman

When the deficit is zero write back again.

orindaman

If you believe that I have this bridge here in SF I want to sell you.

Past Pro Loc: Spring Hill, Florida

I've been lurking & reading every day for about three months. It took this post for me to create an acct.

You speak of the "deficit" as being under control and dropping. Well, I think you're speaking of the "annual budget," and not the total debt of this once great country. The total debt is now around 17 TRILLION, and rising! God knows what will happen with those numbers once Obummercare gets fully underway!

Very sorry my first post has to be so negative, but I just couldn't let this totally brainless post go unanswered!

Captryan Loc: Massachusetts

The national debt has increased every year under Obama and Bush, the next president that significantly reduces the total debt of the country will get my respect : Until then they are all A holes.

TrainNut Loc: Ridin' the rails

Please give documentation.

Blurryeyed Loc: NC Mountains.

Hahaha... This is truly funny, so he will run the smallest deficit of his administration, yet still higher by almost double of any annual deficit of any president who preceded him.... and dems find reason to call attention to it as if he is some kind of financial genius, that you of all people, a school math teacher would want to call attention to this is dumbfounding.... The five years that you are counting all fell under Obama's administration during a period in which he set record deficits the enormity of which few have the capacity to conceive.

Hey Tschmath, I have a math problem for you, Obama has racked up about 6 trillion in debt, now if a $100 bill is .0043 inches thick, if you stacked up Obama's new debt in $100 bills laying flat as you would naturally put a bill on a counter top, how high would that stack reach?

Haahahaha you won't answer Tschmath because that number is a very scary number... now, stack that same debt in $1 bills...

Blurryeyed Loc: NC Mountains.

That's crap, his budgets did not include those wars as they were considered to be emergency spending but they were included in off budget expenditures, the reconciled budget reporting did, when you look up the historical deficits those wars are accounted for.... If you look at budgets at the CBO website or a host of others you will see exactly what I am talking about.

HOPE you feel good about yourself because you are dead wrong! We're still waiting to see if Democrats can do math at all!