The Deficit

[Calcountry]

Has Obama Increased the deficit or decreased it?

[J Diddy]

Short term he increased it. Long term I think he'll decrease it.

I didn't find an option in the poll that represented that sentiment.

[Reaper16]

<a href="http://s37.photobucket.com/albums/e57/Thereaper16/?action=view&current=2vjso51jpg.gif" target="_blank"><img src="http://i37.photobucket.com/albums/e57/Thereaper16/2vjso51jpg.gif" border="0" alt="bronshame"></a>

[Direckshun]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.

[Calcountry]

Short term he increased it. Long term I think he'll decrease it.

I didn't find an option in the poll that represented that sentiment.So, that would be a yes, since, "in the long run, we are all dead", Keynes

[Calcountry]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.ROFL That is why the rest of the world wants off the dollar as reserve currency. That's a good one.

[Calcountry]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.Not too long ago, you may have been right. ;)

[J Diddy]

So, that would be a yes, since, "in the long run, we are all dead", Keynes



nah, I don't think we're all dead.

[Direckshun]

ROFL That is why the rest of the world wants off the dollar as reserve currency. That's a good one.

Why?

The numbers, so far, back me up.

[SBK]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.

There was a day when it came to Obama you were insightful and rational. That day passed long ago, and there is no logic or reason to the stuff you say about the guy.

[headsnap]

http://i37.photobucket.com/albums/e57/Thereaper16/2vjso51jpg.gif (http://s37.photobucket.com/albums/e57/Thereaper16/?action=view&current=2vjso51jpg.gif)

your cute

[BucEyedPea]

Short term he increased it. Long term I think he'll decrease it.

I didn't find an option in the poll that represented that sentiment.

Yeah, that one could be called "naivete"

[BucEyedPea]

There was a day when it came to Obama you were insightful and rational. That day passed long ago, and there is no logic or reason to the stuff you say about the guy.

Boy this should be quoted for truth. Direckshun is naive as hell.

[BucEyedPea]

Why?

The numbers, so far, back me up.

Why do you need numbers for that? Don't you read any financial news? Haven't you heard what China has been saying?

[SBK]

For what it's worth, with the economy stinking it up I decided to get out of debt. I figured it'd be a smart thing to do for my family. So I went to the bank and borrowed $250,000,000.

Believe it or not, my asset statement looks better today than it did yesterday.

[BucEyedPea]

For what it's worth, with the economy stinking it up I decided to get out of debt. I figured it'd be a smart thing to do for my family. So I went to the bank and borrowed $250,000,000.

Believe it or not, my asset statement looks better today than it did yesterday.

ROFL

[SBK]

For what it's worth, with the economy stinking it up I decided to get out of debt. I figured it'd be a smart thing to do for my family. So I went to the bank and borrowed $250,000,000.

Believe it or not, my asset statement looks better today than it did yesterday.

I used the money to buy some commemorative plates, lottery tickets, and oops, I seemed to have misplaced some of it. Now that it's all gone I can rest well at night knowing my kids and grand kids future is more secure because of my wise financial choices.

[patteeu]

Short term he increased it. Long term I think he'll decrease it.

I didn't find an option in the poll that represented that sentiment.

I was proud of my young daughter a couple of years ago when she said that she suspected that retail stores sometimes inflate their prices so that they can then put them "on sale" without really making less money.

Obama might reduce the annual deficit from the insanely high level that he's created by the end of his term, but his own economic team doesn't predict that he'll reduce them to levels that are low by comparison to such renowned champions of fiscal restraint* as GWBush.


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* sarcasm

[patteeu]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.

Translation: I think the people who read this are morons who will believe anything they find on the internet. ROFL

[Direckshun]

You do realize that Obama has tripped the national debt in just over 100 days don't you? Bush did damage, but not to the extent that Obama has to date. In all reality there is nothing to make anyone believe that the debt will do nothing but keep multiplying during his presidency.

The national debt was $10 trillion before he came into office.

Are you claiming that the national debt is $30 trillion dollars?

There was a day when it came to Obama you were insightful and rational. That day passed long ago, and there is no logic or reason to the stuff you say about the guy.

Stop blowing smoke up my ass, SBK.

There was never a day when I was insightful when it came to anything on this board. I am simply a liberal albatross around the shoulders of every poster here who is trying to have an intellectually honest conversation, including yourself.

Boy this should be quoted for truth. Direckshun is naive as hell.

Because?

Translation: I think the people who read this are morons who will believe anything they find on the internet.

So your argument is that Obama has drastically increased the deficit?

[HonestChieffan]

I believe he balanced the budget but Im scared to say so or people will make fun of me here.

[Calcountry]

Boy this should be quoted for truth. Direckshun is naive as hell."Oh gracious, gaaaaaawwd, thanks for taking time out of your day,uuuuhhhhgasp. "

[Calcountry]

For what it's worth, with the economy stinking it up I decided to get out of debt. I figured it'd be a smart thing to do for my family. So I went to the bank and borrowed $250,000,000.

Believe it or not, my asset statement looks better today than it did yesterday.LMAO

[Calcountry]

Were there executive bonuses involved?He made sure that he bought some Kobe beef, and a new date night flight to NYC on that dime.

[Calcountry]

I was proud of my young daughter a couple of years ago when she said that she suspected that retail stores sometimes inflate their prices so that they can then put them "on sale" without really making less money.

Obama might reduce the annual deficit from the insanely high level that he's created by the end of his term, but his own economic team doesn't predict that he'll reduce them to levels that are low by comparison to such renowned champions of fiscal restraint* as GWBush.


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* sarcasmMark it up to mark it down, yes, I know this trick. Tell your daughter she is a retailer in the making.

:thumb:

[KC Dan]

There should be a poll as to who was the one person that voted for the second choice. jaz, banyon, direckshun, jenson, ???

[Calcountry]

I may have mispoke or did not express my sentiment correctly:

Bush had increased the debt by $x dollars in 8 years. Obama has increased the debt (including signed legislation to increase spending) by $3x in a little over 100 days. At this rate your great great great great grandchildren will still be paying the debt.MY EYESQ!! That's just too much math for me to comprehend dude. I'm voting for CHANGE, and HOPE!

[Calcountry]

There should be a poll as to who was the one person that voted for the second choice. jaz, banyon, direckshun, jenson, ???I love it when people want to spin the poll words.

Basically, this is a SI or NO type of poll

SI=Barack Hussein Obama, HAS IN FACT raised the actual deficicit and the rate of increase(second derivitive for you math fiends) of the deficit. The fuggin graph of his deficits are now exponential, although he and his drones are claiming it is more like a sin curve and will flatten out over the long term.

No= I am completely and utterly hoplessly disconnected with reality, and am willing to turn a completely and unabashidly blind mothafuggin eye to what is empiracly happening right before that same eye. I must give Obama a chance to continue on the exponential path that he has put this country on, after all, it's his honeymoon.

[KC Dan]

I love it when people want to spin the poll words.
No, I understand your poll and I don't want to spin it at all. I am just curious who the (1) "No" person was.

[Calcountry]

No, I understand your poll and I don't want to spin it at all. I am just curious who the (1) "No" person was.I was talking to you, not about you in my response to your query. I agree, it would be fun to find out who fits into the description that I put as a definition of no, wouldn't it?

[KC Dan]

I was talking to you, not about you in my response to your query. I agree, it would be fun to find out who fits into the description that I put as a definition of no, wouldn't it?
We know who it is. Come on jAZ or Banyon.... Admit it... :D

[SHTSPRAYER]

Short term he increased it. Long term I think he'll decrease it.


ROFL

[BucEyedPea]

I was talking to you, not about you in my response to your query. I agree, it would be fun to find out who fits into the description that I put as a definition of no, wouldn't it?

I am studying the French Revolution with my daughter. Did you know Marie Antoinette was called Madam Deficit? Perhaps we'll get to call Obama the "Deficit Czar."

[Calcountry]

I am sorry to report, that the American people get it. THE DEFICIT, as an issue, belongs to President Barack Hussein Obama. It is his now, he owns it.

Just wait until the cost of servicing that debt comes due.

[SBK]

The national debt was $10 trillion before he came into office.

Are you claiming that the national debt is $30 trillion dollars?



Stop blowing smoke up my ass, SBK.

There was never a day when I was insightful when it came to anything on this board. I am simply a liberal albatross around the shoulders of every poster here who is trying to have an intellectually honest conversation, including yourself.



Because?



So your argument is that Obama has drastically increased the deficit?

I'm serious, you used to be rational, now you're like a school girl in love with her first boyfriend.

[Velvet_Jones]

I had a thread about this not too long ago.

Obama's immediate plans will cause a relatively small increase in the deficit.

But nothing compared to the Bush administration. At least so far.

OK - so we now know that you are not good at math. 1 + 2 = chair. What an idiot.

[Velvet_Jones]

There should be a poll as to who was the one person that voted for the second choice. jaz, banyon, direckshun, jenson, ???

What about Dirk Dingleberry?

[Amnorix]

Has Obama Increased the deficit or decreased it?

What's the point of asking such an obvious question? Obviously he increased it. Might as well ask if the sun rose in the East this morning.

The question is why, whether it was necessary, whether we can tame the deficit and debt in future years, etc.

Let me start a thread asking if we invaded Iraq in the last decade or so. Inquiring minds want to know.

[BucEyedPea]

The question is why, whether it was necessary, whether we can tame the deficit and debt in future years, etc.

Well, that's nearly as delusional and naive as thinking Obama didn't increase it. You lefties have blind faith and hope that politicians will change and things will revert on this. Unbelievable.

[patteeu]

So your argument is that Obama has drastically increased the deficit?

Yes.

http://www.jsharf.com/view/images/obamaDebtMedical.JPG

The blue sections represent the CBO's preliminary scoring for the Senate's healthcare bill.

[FishingRod]

Actually neither option is correct. Congress runs up the bills. So I guess a more accurate question would be, who pissed away more money the Republican controlled congress during Bush's fist 6 years or the Democratic controlled one since then? The poll results would remain the same.

[Calcountry]

Actually neither option is correct. Congress runs up the bills. So I guess a more accurate question would be, who pissed away more money the Republican controlled congress during Bush's fist 6 years or the Democratic controlled one since then? The poll results would remain the same.At least you acknowledge that it has been the Dems pissing since 06. Bush signed onto almost all of their proposals, including the first stimulous, TARP, etc.

Frankly, one might be able to hypothesise, that the Dem takover of Congress had a lot to do with the banking blowup that happened in 07.

The Bucks stop with the pres though, and dumb ass Bush couldn't articulate his way out of a paper bag with a Schlitze malt liquor in it.

[Calcountry]

What's the point of asking such an obvious question? Obviously he increased it. Might as well ask if the sun rose in the East this morning.

The question is why, whether it was necessary, whether we can tame the deficit and debt in future years, etc.

Let me start a thread asking if we invaded Iraq in the last decade or so. Inquiring minds want to know.We have at least one intelligent liberal here. ;)

The answer to that question, is why I am becoming optimistic for '10 midterm elections. :D

[Direckshun]

I'm serious, you used to be rational, now you're like a school girl in love with her first boyfriend.

I was absolutely never rational. I think you're full of shit.

[Direckshun]

The answer to that question, is why I am becoming optimistic for '10 midterm elections. :D

Don't be.

You're playing WAAAAY more defense than you are offense in 2010.

If the economy miraculously makes a swift comeback by then, you're talking 60+ seats for the Dems easy.

[patteeu]

Don't be.

You're playing WAAAAY more defense than you are offense in 2010.

If the economy miraculously makes a swift comeback by then, you're talking 60+ seats for the Dems easy.

Why didn't you and Barack tell us before the election that any economic improvement over the course of four full years would amount to a "miraculous" and "swift" comeback? Any dolt ought to be able to ride the ebb and flow of the natural business cycle to a comeback within four years. How long are you left wingers planning to keep the nation on it's knees?

[Saul Good]

I used the money to buy some commemorative plates, lottery tickets, and oops, I seemed to have misplaced some of it. Now that it's all gone I can rest well at night knowing my kids and grand kids future is more secure because of my wise financial choices.

It sounds like your household's economy got a much needed stimulus.

[BigChiefFan]

Yes.

http://www.jsharf.com/view/images/obamaDebtMedical.JPG

The blue sections represent the CBO's preliminary scoring for the Senate's healthcare bill. Looks like we've been in the red for SIX years PRIOR to Obama coming into office. Pot meet kettle.

[Saul Good]

Looks like we've been in the red for SIX years PRIOR to Obama coming into office. Pot meet kettle.

Excellent observation. Jews died every day in Germany before the Holocaust, too. Why does everybody give that Hitler guy such a hard time?

[BigChiefFan]

Excellent observation. Jews died every day in Germany before the Holocaust, too. Why does everybody give that Hitler guy such a hard time?So I'm getting slammed for stating the obvious. Mmkay.

[Saul Good]

So I'm getting slammed for stating the obvious. Mmkay.

Really? That's what you took away from that analogy?

Let me try another one. If I spill a glass of water, and the carpet gets wet, that doesn't make it okay for my wife to then plug the drains in the bathtubs and then leave the faucets on full blast while I go to work the next day.

Yes, the carpet was already wet, but that would make the situation exponentially worse.

[BigChiefFan]

Really? That's what you took away from that analogy?

Let me try another one. If I spill a glass of water, and the carpet gets wet, that doesn't make it okay for my wife to then plug the drains in the bathtubs and then leave the faucets on full blast while I go to work the next day.

Yes, the carpet was already wet, but that would make the situation exponentially worse.
How about two wrongs, don't make a right? I already KNOW THAT and why I'm holding BOTH parties responsible-something you seem to be missing. Hence the pot meet kettle comment.

[Saul Good]

How about two wrongs, don't make a right? I already KNOW THAT and why I'm holding BOTH parties responsible-something you seem to be missing. Hence the pot meet kettle comment.

So I guess that, in my analogy, you think that I would be a hypocrite for being mad at my wife because I had already caused the carpet to get wet.

[BigChiefFan]

So I guess that, in my analogy, you think that I would be a hypocrite for being mad at my wife because I had already caused the carpet to get wet.How about not using analogies and sticking to the topic at hand?

I called out Pat, because contrary to what some think, Bush STARTED this downfall and some don't want to own up. It's very simple... BOTH PARTIES are at fault and need to be held accountable, that INCLUDES, the precious Republicans, but I digress.

[SHTSPRAYER]

http://brillig.com/debt_clock/

The Moonbat response:

"Like, I know $37,000 is like, alot of money but, like, there is somebody who is really rich, who like, can pay $84,000 so I don't like, have to pay anything, like, ya know? Grody! Grody to the max!"

[SHTSPRAYER]

... BOTH PARTIES are at fault and need to be held accountable.


But that's not the tune you were singing during the campaign. All we heard from you is how awesome B.O. was gonna be.

[BucEyedPea]

http://brillig.com/debt_clock/

The Moonbat response:

"Like, I know $37,000 is like, alot of money but, like, there is somebody who is really rich, who like, can pay $84,000 so I don't like, have to pay anything, like, ya know? Grody! Grody to the max!"

Left wing greed. Commie-style.

[SHTSPRAYER]

Left wing greed. Commie-style.

Left wing greed creates a world in need.

[Direckshun]

Why didn't you and Barack tell us before the election that any economic improvement over the course of four full years would amount to a "miraculous" and "swift" comeback? Any dolt ought to be able to ride the ebb and flow of the natural business cycle to a comeback within four years. How long are you left wingers planning to keep the nation on it's knees?

I'm pretty sure the midterms take place after two years, dumbass.

[patteeu]

Looks like we've been in the red for SIX years PRIOR to Obama coming into office. Pot meet kettle.

More like thimble meet cauldron. :rolleyes:

[patteeu]

How about not using analogies and sticking to the topic at hand?

I called out Pat, because contrary to what some think, Bush STARTED this downfall and some don't want to own up. It's very simple... BOTH PARTIES are at fault and need to be held accountable, that INCLUDES, the precious Republicans, but I digress.

You didn't call me out. You called yourself out with that lame attempt to draw an equivalence between the Bush deficits and the Obama deficits. :shake:

[patteeu]

I'm pretty sure the midterms take place after two years, dumbass.

My mistake, but I'm not the guy who bought what Obama was selling.

[alanm]

Looks like we've been in the red for SIX years PRIOR to Obama coming into office. Pot meet kettle.It won't matter. Democrats will be held accountable for the economy since that's what they ran on.

[BucEyedPea]

It won't matter. Democrats will be held accountable for the economy since that's what they ran on.

That's right.

[Direckshun]

My mistake, but I'm not the guy who bought what Obama was selling.

I'm not the guy who bought what SARAH PALIN was selling, so consider us even.

[Direckshun]

It won't matter. Democrats will be held accountable for the economy since that's what they ran on.

I agree. Although poll suggest they won't begin to hold Obama, at least, himself accountable until approximately 18 months into his Presidency.

That puts him at about a year from now. According to polls NOW, that's when that stuff will start to weigh in on him publicly.

[BucEyedPea]

I agree. Although poll suggest they won't begin to hold Obama, at least, himself accountable until approximately 18 months into his Presidency.

That puts him at about a year from now. According to polls NOW, that's when that stuff will start to weigh in on him publicly.

Who's "they?" I hold him and Geithner accountable right now.

[Direckshun]

Who's "they?" I hold him and Geithner accountable right now.

A series of polls towards the beginning of the administration were conducted to see how soon Obama would essentially own this mess. Average out the responses and it generally comes out to about a year and a half. Most people understand that the economy doesn't turn sharp corners.

[patteeu]

I'm not the guy who bought what SARAH PALIN was selling, so consider us even.

What was she selling and why do you think I bought it?

[BucEyedPea]

A series of polls towards the beginning of the administration were conducted to see how soon Obama would essentially own this mess. Average out the responses and it generally comes out to about a year and a half. Most people understand that the economy doesn't turn sharp corners.

Look, even I think something needs to be done about healthcare, I just don't agree with his fix. Most Americans know they don't like what's happening. Few are economically savvy enough to know how it became what it is. Hence, they feel hemmed into thinking there's no other solution than a govt system. Bottom line, is if it was fixed without a govt system they'd probably still be fine about it if it was reasonably affordable. So they don't know. This is why the people don't make the laws in this country, like they would in a democracy. Of course this bars out one group, the hard line lefty socialists that have wanted a govt system for 30 years, winning incrementally more govt intrusion which has brought about our current crisis. Nothing will change their minds.

I wanna ask you something? Why has plastic surgery, once very expensive, gone one regularly in price? Why has keratology gone done in price? But other healthcare up... Why?

[Direckshun]

See I keep thinking it was a lack of government intrusion in business that led to this current crisis.

Black is white, apparently, and up is down.

[patteeu]

I agree. Although poll suggest they won't begin to hold Obama, at least, himself accountable until approximately 18 months into his Presidency.

That puts him at about a year from now. According to polls NOW, that's when that stuff will start to weigh in on him publicly.

According to Rasmussen (http://www.rasmussenreports.com/public_content/politics/obama_administration/june_2009/39_now_blame_bad_economy_on_obama_s_policies), the portion of people blaming Bush for the economy is down to 54% (down 8% from last month) and it is up to 39% for those blaming Obama (up 12% from last month). At that rate, the crossover would happen a lot sooner than 18 months. Let's go ahead and split the difference and say 1 year. ;)

[Direckshun]

According to Rasmussen (http://www.rasmussenreports.com/public_content/politics/obama_administration/june_2009/39_now_blame_bad_economy_on_obama_s_policies), the portion of people blaming Bush for the economy is down to 54% (down 8% from last month) and it is up to 39% for those blaming Obama (up 12% from last month). At that rate, the crossover would happen a lot sooner than 18 months. Let's go ahead and split the difference and say 1 year. ;)

I'm not one to believe that things like this go in a straight line. But I think we can both agree that drop seems pretty natural and understandable.

[patteeu]

I'm not one to believe that things like this go in a straight line. But I think we can both agree that drop seems pretty natural and understandable.

We can agree on all of that.