Blurryeyed wrote:
You did miss something, in fact you missed plenty. The Tarp program was started under Bush but you will recall that the bulk of the spending was done under the Obama administration, Bush's original request was peanuts to the package that the Obama administration finalized, it is good to see that your memory is at least good enough to parrot liberal talking points without missing a beat....
As far as your economic lesson, yes, aggregate demand, but what you sorely miss is that our economic model has drastically changed, we are not producing the jobs that the federal printing press is funding, those jobs are being created in BRIC countries where the environment much more condusive to attracting investment instead of moving it offshore.... Capital has no chains to bind it my friend, it finds its home in the most inviting neighborhood. So yes, Obama is creating jobs and lots of them, in Brazil, China, India, in Central and South American agriculture.... yes, pumping all that money out is greatly appreciated by Wall Street and those manufacturing in China..... good job!
Ha! You somehow find the cojones to speak of the Bush deficits, which I agree were outrageous as you call for more spending under the current feckless occupant of the White House, now that is true humor.
Yes, the dems still crying about Medicare Part D while low and behold it is coming in well under projected budgets and was a far lessor burden on our national budget than was the democratic plan which was defeated before the republican plan passed... You guys seem to have a very selective memory.
Yes, Bushes deficits.... I am still laughing at your arrogance..... you are a funny fellow...
2013 - $901 trillion budget deficit (projected)
2012 - $1.1 trillion budget deficit
2011 - $1.3 trillion budget deficit
2010 - $1.3 trillion budget deficit
2009 - $1.4 trillion budget deficit
2008 - $455 billion budget deficit
2007 - $162 billion budget deficit
2006 - $248.2 billion budget deficit
2005 - $319 billion budget deficit
2004 - $412.7 billion budget deficit
2003 - $377.6 billion budget deficit
2002 - $157.8 billion budget deficit
2001 - $128.2 billion budget surplus
Now Bush's 2008 spending included the initial TARP funding, even so..... BHO is truly amazing..... Bushes 2007 deficit 162 billion, Obama has still yet to see a year with under a trillion dollar budget...
And no, I do not see sufficient improvement in the economy, economies always rebound after a recession, our recovery under president Obama is one of the worst on record, he could have done nothing and we would have been in better shape than we are today... You can take your talking points somewhere else, I have looked at these problems with some consideration and nothing you have said has any meaning for the topic you are trying to address, you are throwing out statements as if you have made some kind of point when you have said nothing at all..
You did miss something, in fact you missed plenty.... (
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2013--901 trillion? A 900x increase? The fact is the rate of deficit growth is slowing...someone who slings insults and sarcasm so easily should be a little more careful with basic fact-checking.