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The Mad Crapper
01-18-2010, 07:27 AM
Barack Obama has the worst budget record of any president in American history. White House budget office spokesman Tom Gavin claimed "a very strong beginning" for the president's purported first-year attempts at controlling spending - for example, zeroing out a $17 million program for work incentive grants. But such paltry efforts are round-off numbers compared to the gush of red ink created by President Obama and congressional Democrats. This government is setting the United States on an inevitable path to permanent debtor status.

The White House entitled Mr. Obama's first budget "A New Era of Responsibility," which essayist Roger Kimball observed should have been called "Gone with the Wind." Mr. Obama's budget, coupled with the $787 billion stimulus slush fund, was the most irresponsible in history. The effects of his ruinous policies can already be measured. The 2009 budget deficit tripled over 2008. The deficit as a percentage of gross domestic product went from 3.1 percent in 2008 to 9.9 percent in 2009. The deficit for the first month of fiscal year 2010 was $176 billion, which was greater than the $161 billion deficit for the entire 2007 fiscal year.

The hits keep coming. Public debt as a percentage of GDP was an already-high 40.8 percent in 2008. The Congressional Budget Office - which is run by Democrats - estimates this figure would more than double to 81.7 percent by 2019. That's a rate not seen since the end of World War II. This figure is likely to be revised upward; between June and August 2009, budget scorers had to raise their estimate for the fiscal 2011 deficit by 33 percent. CBO projects a softening but still brisk increase in future debt based on reduced growth in government spending, which is highly unrealistic, and a trillion dollars in new taxes, which is frighteningly likely.

Back in February 2009, at the beginning of the fiscal bloodletting, White House Budget Director Peter Orszag preached that "elevated budget deficits are beneficial." But by November, Mr. Obama warned that, "if we keep on adding to the debt... people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession."

People certainly have lost confidence in the president. A CNN poll from the second week in January showed that 62 percent of the public disapproves of Mr. Obama's handling of the budget deficit, and 54 percent disapprove of his economic policies in general. In a January Quinnpiac poll, 53 percent said Mr. Obama is fiscally irresponsible. A Bloomberg poll from the first week of December showed that 60 percent believe that chronically high deficits constitute a high threat to economic performance, and 57 percent disapprove of Mr. Obama's handling of the issue. An October 2009 NBC News poll showed that 62 percent believed controlling the federal deficit was more important than boosting the economy.

The debt outlook is increasingly bleak. Congress shows no desire to rein in spending, and is debating a heath care bill that will add even more red ink. The amount of debt owned by foreign countries is increasing, confidence in the dollar is dropping, gold prices are soaring, energy costs are rising, the trade deficit is widening and Mr. Obama's first year Gallup approval rating has fallen faster than any president since records have been kept. Connect the dots. The Obama administration is an unmitigated economic disaster for this country, and most Americans are worried about that.


http://www.washingtontimes.com/news/2010/jan/18/obama-is-killing-the-economy/

petegz28
01-18-2010, 07:42 AM
We just need another "jobs stilmulis bill"

Bill Parcells
01-18-2010, 07:50 AM
But but...Ultra Peanut and uh Direckshun said ''Crickets''

Amnorix
01-18-2010, 07:51 AM
:rolleyes:

The Mad Crapper
01-18-2010, 07:54 AM
The Obama administration is an unmitigated economic disaster for this country.

Chief Henry
01-18-2010, 08:40 AM
The Obama administration is an unmitigated economic disaster for this country.

QFT

Norman Einstein
01-18-2010, 08:56 AM
:rolleyes:

You seem to be in disagreement with the thread.

What do you see that Obama is doing that can be classified as good?

petegz28
01-18-2010, 08:59 AM
You seem to be in disagreement with the thread.

What do you see that Obama is doing that can be classified as good?

The worst thing that could have happened to Obama was he was handed a super majority in Congress. I think that really put a false sense of super mandate in his head to where he thought he could just speak and the People would do.

Chiefshrink
01-18-2010, 09:35 AM
It's on purpose and I think some of the American people are starting to see this the more they learn about Progressivism and the Radical Left.

But I think a larger sect who are actually questioning their vote for him still want to believe either this is still all Bush's fault and it was just too deep to get out of even for the Big O or he is just incompetent and way over his head or both.

But as the facts come out and the legislative actions by the Dems and WH are done more and more "Obama voters" from 08 are realizing this is NOT "accidental incompetence" and O's polls are proving it.

Chiefshrink
01-18-2010, 09:52 AM
The worst thing that could have happened to Obama was he was handed a super majority in Congress. I think that really put a false sense of super mandate in his head to where he thought he could just speak and the People would do.

Agreed. Unchecked narcissism in a "radical lefty" always leads to an "unbridled sense of entitlement and more importantly "condescension" to the masses(we know best, no debate, now get out of the way) which "always" leads to the "closed IVORY TOWER" of Lefty zealots who continue to push their radical agenda with absolutely "no checks and balances" which ultimately leads to..................................:shake:

CoMoChief
01-18-2010, 11:44 AM
Obama lives in a fantasy world. There lies the whole problem with his entire staff and presidency up to this point.

Chief Henry
01-18-2010, 11:57 AM
shhh...is that cricketts from the democrates ?

Rooster
01-18-2010, 12:05 PM
He did bring peace to the cop and the professor over beers at the white house. That was something I suppose.......... :doh!:

Chiefshrink
01-18-2010, 12:45 PM
He did bring peace to the cop and the professor over beers at the white house. That was something I suppose.......... :doh!:

Hey, and if you will remember they decided to bring Joe Biden to the table last minute for symbolic reasons. You know, you don't want it to look like 2 bruthas "castagating" a lone "honky". So they bring in Joe to make it look civil, just 2 black guys talkin to two white guys:rolleyes:

Saul Good
01-18-2010, 01:18 PM
He did bring peace to the cop and the professor over beers at the white house. That was something I suppose.......... :doh!:http://www.massmpc.com/index.cfm?zone=/unionactive/view_article.cfm&homeID=150036

Cambridge Police Patrol Officers endorse State Senator Scott Brown for United States Senator
Updated On: Jan 15, 2010 (14:04:00) Print or Save this ArticlePRINT/SAVE Email Article to FriendEMAIL

The 212 member Cambridge Police Patrol Officers Association voted to endorse State Senator Scott Brown for United States Senator in next Tuesday's election against Attorney General Martha Coakley. CPSOA's President released the following letter today:
All Members,

Members of our Association have inquired and requested that we endorse Scott Brown in the upcoming election against Martha Coakley. Ms. Coakley along with some of her campaign workers have talked publicly about how her husband is a retired Cambridge Police Officer, giving appearances that she is being endorsed by the Cambridge Police. This may be an innocent insinuation but most do take this as our giving her our support and endorsement. Yesterday, the CPPOA Executive Board voted to endorse State Senator Scott Brown in the upcoming election for US Senate. In an 11 to 2 vote, the Executive Board voted overwhelmingly in favor of the endorsement. We do not endorse anyone who advocates changes in the health care that take away any bargaining rights or increases our cost along with our contributions. Senator Brown does not support the Comprehensive Healthcare Reform Bill and promises to be the 41st vote to ensure its defeat. The current leadership at the state house, as we all know and have seen over the past two years, have an agenda to dismantle all of our hard earned bargained benefits and they will continue to dismantle these until there is a complete change from the top down. Martha Coakley is part of this Massachusetts leadership and she will continue with this agenda, only now it will be at the capital level and we need to stop it. So today, we the members of the Cambridge Police Patrol Officers Association endorse Scott Brown for the senate seat vacated by Senator Kennedy.

Fraternally,

Stephen Killion
President Cambridge Police

Patrol Officers Association.

The Cambridge Police Patrol Officers Association is a founding member of the MMPC

The Mad Crapper
01-22-2010, 09:49 AM
Pennsylvania UI in the red by $2 billion:

http://billlawrenceonline.com/

:eek:

The Mad Crapper
01-22-2010, 09:49 AM
:rolleyes:

I know, everything is super dooper in Obamaland.