Barack Obama has repeatedly insisted that he inherited the current economic problems and budget deficit from the George Bush deficit. Is that true or is the Obama budget insane? Here is a chart to help clarify where the truth lies. Read about it below and see a video.
Bush Deficit vs Obama Deficit
Last night at his prime time press conference, Barack Obama looked straight into his big screen teleprompter and told the American people that he had inherited the Bush budge deficit and was doing all he could to reduced it. As has been his pattern since his inauguration, he has asked the American people for patience while he sorts out the numerous messes left to him by the previous administration.
Of course, the stock market reached never before seen heights, unemployment was at all time lows and we were rocking along just fine under the Bush administration. That is up until 2006 when the democrats took control of Congress. But why let the facts get in the way of a good repetitive dose of propaganda for the masses?
In much the same way that Obama stands in front of the cameras and tells the American people that ‘the buck stops’ with him and then turns around immediately and spends his time assigning blame to everyone but himself, he declares that he is doing everything he can to fix the economy while at the very same time, increasing the federal budget to levels few of us could have imagined. He has actually succeeded in having American people talk in terms of trillions of dollars as though those are reasonable sums of money.
The budget Obama proposes for this year increases federal spending by a fiscally insane 34% over the budget adopted for last year, with a total of $4 trillion in federal spending, the highest EVER.
But hey, why worry about spending money and incurring trillions of dollars in debt? He can always get more out of working Americans and when he’s bled us all dry, he can just print more money. Its like free money. Doesn’t the government have a big ol’ money printing press deep in the bowels of Fort Knox somewhere? Isn’t it great to have that kind of power!
The democrats were in an uproar over the national deficit when Ronald Reagan was President. The Obama deficit, in the first year of his presidency, will be 4 times higher than the highest deficit ever reached while Reagan was President. But there’s nary a peep from the howling democrats over this. In fact, on the contrary, they are applauding it. At least the far left democrats are.
As is apparent from the Bush deficit vs Obama deficit graph above, in the first two months of Obama’s administration, the stimulus package has already contributed to quadruple the deficit. Of course, when Obama claims he’s going to half it by 2013, it could be the sort of sale we find at some of our finer department stores. You know, raise the price, then half it and come off like a hero. Maybe that’s his ultimate plan. Unfortunately, there are people who would actually fall for that. After all, there ARE people who answer the Nigerian email scams.
There is no question that President George W. Bush did increase the federal deficit to a historic $700 billion through 2008. However, Obama is adding another $1 Trillion to that already historic level. Whatever increases Bush did during his administration, Obama is matching and raising to almost unimaginable levels.
And we would be remiss not to mention that Bush’s administration had to deal with the budget busting terrorists attacks of 9/11/2001 and the subsequent costly Global War on Terrorism.
Obama’s budget insanity will increase the public debt by $4.9 Trillion. Staggering. Incomprehensible numbers.
Regardless of the clearly identifiable facts, Obama persist in insisting that he inherited the deficit and pleads with the public to be patient while he fixes all these problems that have been laid at his feet. Meanwhile, we are being robbed blind.
Its all about smoke and mirrors and a bit of slight of hand.
One just wonders how far it will go before the people stand up and demand that it stop and if, by then, it will be too late.
Obama Budget Insane? - Video
March 25th, 2009 at 11:19 pm
michelle wanted embroidered on panties and bra
a message that told him that he’d gone too far.
she wanted a message that stated when read
“you have borrowed too much, please go to bed”
“certainly madame,” the saleslady said.
“in what kind of script would you like it read?
copperplate? san serif? bold wouldn’t fail.”
michelle thought for a moment and then she said… “braille.”
March 25th, 2009 at 11:30 pm
There was a budget SURPLUS when Clinton left office. We don’t want to talk about that, though, do we.
So, we went from sugar with Clinton, to sh** with Bush. Now the bottom is falling out, and the poor dude who’s only been pres. for two months, it’s all his fault!
Poppycock! Boy I sure am glad that I am able to think.
March 25th, 2009 at 11:47 pm
Poppycock! lmao!
March 25th, 2009 at 11:50 pm
Hey Arch - I bet you were one of those people that blamed Bush for 9/11. You said that the years of terrorist attacks during the Clinton administration didn’t have anything to do with it. Right?
Democrats have been in charge of Congress since 2006. Barny Frank has been Chair of the Finance committee since that time and his little friend was the CEO of Fannie Mae. It was during those years that banks were being pressured by Congress to give loans to people who couldn’t afford them.
Now, we have a president who seems hell bent on completely destroying our financial system and devaluing the dollar to the point we are going to have to start printing zillion dollar bills.
Are you interested in the well being of our country or just in defending Obama?
March 26th, 2009 at 12:18 am
Beth, thank you for this piece. Facts are stubborn things aren’t they ?
March 26th, 2009 at 12:20 am
arch is just another kool aid drinker. whatever commrade obama says,it must be true. people like arch don’t think, they just go to daily kos to be told what to think.
March 26th, 2009 at 5:31 am
Obama’s is clearly higher. However Bush’s is just downright deceiving. He doesn’t include spending for two wars in his budget. Similar deceptive accounting tactics that portrayed a rosier than reality picture were removed.
March 26th, 2009 at 5:57 am
Arch;
“There was a budget SURPLUS when Clinton left office. We don’t want to talk about that, though, do we.”
Sure, I talk about it all the time.
Ya know Arch, its really easy to save money when you’re NOT doing around the house what needs to be done.
I would of rathered Clinton spent that money the way he should of and left us with a deficit if it meant that 3000 Americans would still be alive today.
Thats SOB let us be attacked numerous times, even on American soil and instead of doing something about it decided it was more important to bomb Bosnia and shrink our military to practicaly nothing.
” and the poor dude who’s only been pres. for two months, it’s all his fault!”
No one said its “all” his fault, read the post, Bushs leaving us with a deficit is clearly mentioned.
What Obama does not mention is how him and his party hold a huge majority of the blame for this crisis that pales in comparison to Bushs deficit.
Go all the way back as far as the CRA insituted by Carter which was given even greater reach by Clinton, that reach only to be topped by the efforts of this congress in 06 to the point that we hadreal estate bubble ready to collapse like we’d never seen before.
Bush is on record for years trying to warn congress and everyone to pass legislation that would of avoided the potential disaster. Similar efforts were made by McCain shortly after that also.
Congress told both of em to get screwed.
“Poppycock! Boy I sure am glad that I am able to think.”
I’m glad you think that.
Rob, deceptive accounting ? Bush ?
How ccan you look at Obamas numbers and statements and even try to compare.
Please, give us all a break.
March 26th, 2009 at 6:09 am
Disclaimer: I am not defending Obama’s stimulus or any other excessive government spending.
That being said, Rob L is absolutely right here. Let’s not defend Bush just because Obama is also a pariah. The Bush administration made lies and misrepresentations an art form — with the country’s finances, public policies, national defense/security, and plenty of other areas.
They are both deceitful, writhing slime balls, also known as politicians.
March 26th, 2009 at 7:50 am
arch said: There was a budget SURPLUS when Clinton left office. We don’t want to talk about that, though, do we.
So, we went from sugar with Clinton, to sh** with Bush. Now the bottom is falling out, and the poor dude who’s only been pres. for two months, it’s all his fault!<<<
Yes Tim, he is a kool-aid drinker, if there was a surplus, why was there a recession in 1999, can you explain that? Clinton refused to use the CBO for his numbers, he used an outside firm with questionable practices.
I was disappointed in Bush during his last 5 to 6 months and his immigration policies…he did nothing about illegals, but he gave us five years of record highs in the Stock Market, lowest unemployment in history.
Under Obama, all of the EU, China, and Russia are disappointed (as are most Americans) with his spending, government growth, terrible policies. Bush only spent $350 Billion of the $700 B, the other $350 B went to Obama, add that to his $787 B to the $350, plus the $410 and you have $1.547 Billion, then he printed a Trillion Dollars we do not have, and another Trillion upcoming = $3.547 Trillion Dollars. Next years Budget so far is $3.6 Trillion, in ten years, which is $9.3 Trillion owed.
http://news.yahoo.com/s/ap/20090320/ap_on_go_pr_wh/obama_budget
March 26th, 2009 at 9:40 am
FYI Beth, the term is “sleight of hand”.
March 26th, 2009 at 10:06 am
Rob, Rahyader.
I want to know how Bush hid or did not include the cost of two wars in his budget and just exactly what lies and misrepresentations were there in regards to national defense/security ?
March 26th, 2009 at 10:29 am
How about justifying unconstitutional invasions of privacy, calling water boarding something other than torture, saying Gitmo was only for the “hard cases”, and showing us over and over again how well the Iraq war was going?
He abused executive power like no other president for seven and a half years under the guise of “national security”. That’s a lie if I ever heard one.
Again, I am not defending Obama here. Just pointing out that Bush wasn’t exactly an upstanding model of governmental transparency and thoughtful consideration.
March 26th, 2009 at 11:11 am
“How about justifying unconstitutional invasions of privacy,”
Give me an example.
“calling water boarding something other than torture”
Why should he have to call it anything other than waterboarding and during the time I dont believe it was categorized as torture.
It was used on KSM with no eluding to believe it was anything other tham legal.
“saying Gitmo was only for the “hard cases”,”
Define “hard case”
” and showing us over and over again how well the Iraq war was going?”
As well as the constant denegration by others such as Reid saying the war was lost
There are plenty of successes as well as failures to mention during the coarse of the war that wouldnt be considered lying or decietful just because you dont mention every little instance.
The CIC has to keep morale high so it really wouldnt serve his purpose to mention every failure as we already had the liberal MSM doing that for us.
“He abused executive power like no other president for seven and a half years under the guise of “national security”. That’s a lie if I ever heard one.”
Again, I’d like an example.
“Again, I am not defending Obama here.”
In a sense you are if anyone thinks that theres really any comparison between the finacial shenanegens we see in this admin compared to Bush.
Bush was pretty much as vague, alluding, call it what you want as any president ever so far.
Obama in a short 3 months is off the chart to another page.
“Just pointing out that Bush wasn’t exactly an upstanding model of governmental transparency and thoughtful consideration.”
Thoughtful consideration is really an ethics and morals issue that can never really be legislated
March 26th, 2009 at 11:22 am
Hey Rahyader, where did Beth attempt to say “sleight of hand” or even prestidigitation? It was not in her correct post.
Is there even an honest Democrat/Liberal who pays their taxes, or is not already under investigation? He has lost seven so far. Chairman Frank had a nine year live in affair with the CEO of Freddie Mae, plus he and Chris Dodd both benefited from sub prime mortgages. Now you have Turbo Tax Tim Geithner, who two days ago was crucified by both parties in his hearing. Then he had the gall to ask for permission to nationalize ANY Firm he wanted, just another move towards socialism, and a step closer to Communism. Pelosi and Reid are both liberal loons who just want to spend money, and demanding a Gulf Stream 5 Jet.
Another thing about B. Clinton, not only did he have sex in the oval office and lie about it, lets not forget his fall in which he hurt his knee. At 1:20 a.m. on March 14, President Clinton slipped on a dimly lit wooden step outside the home of Greg Norman in Hobe Sound, Fla. trying to break 80 playing on Norman’s private golf course…At 1:30am??? Norman eventually admitted Clinton was so drunk, he didn’t know where he was.
And Micky, all of Bush’s war costs were approved by both parties, are you kidding me, or just fooling yourself?
March 26th, 2009 at 11:26 am
My example of justification of unconstitutional invasions of privacy is pretty easy: PATRIOT Act. And yeah, I know was approved by Congress. It was the Bush administration’s baby though.
Water boarding absolutely is torture. It wasn’t “categorized” as torture because the feds wanted to keep doing it. To consider it a valid interrogation technique is laughable.
http://en.wikipedia.org/wiki/Water_boarding#Classification_as_torture
“Hard cases” was how the pentagon described Gitmo inhabitants. Here is just one example of their total lack of justification:
Haji Bismullah, one of the men freed just before Obama’s inauguration, fought against the Taliban and later served as a regional official in Afghanistan’s pro-American government. After members of a rival clan who coveted Bismullah’s position accused him of terrorist connections, he was held at Guantanamo for nearly six years until a military panel, belatedly heeding witnesses who vouched for him, decided he “should no longer be deemed an enemy combatant.”
More here:
http://www.reason.com/news/show/131948.html
I am not comparing Bush’s financial shenanigans to Obama’s, but finance is not the only facet over which a president has influence. He did possibly irreparable harm to public policy during his two terms, both domestically and internationally. I would consider that at least as egregious as Obama’s mess-ups (which, again, I am not defending).
March 26th, 2009 at 11:34 am
@Micky: I posted a reply to you that is being held for moderation for some reason (do all posts with links in them get moderated?). I’ll check back and see if it gets posted, but I wanted to leave the links in since you were looking for supporting evidence.
@wlennon: In the article itself, in the penultimate sentence: “Its all about smoke and mirrors and a bit of slight of hand.”
March 26th, 2009 at 12:15 pm
“And Micky, all of Bush’s war costs were approved by both parties, are you kidding me, or just fooling yourself?”
I dont know where you got that I said that but its pretty much common knowledge that congress voted to go to war on both of em and although there were dems who didnt vote for funding ( unless they got something out of it) at times the majority did.
March 26th, 2009 at 12:16 pm
Yea, links will slow things down.
Usually only if you submit more than one.
March 26th, 2009 at 12:30 pm
OK cool, here’s another whack at it. I removed one of the two links:
My example of justification of unconstitutional invasions of privacy is pretty easy: PATRIOT Act. And yeah, I know was approved by Congress. It was the Bush administration’s baby though.
Water boarding absolutely is torture. It wasn’t “categorized” as torture because the feds wanted to keep doing it. To consider it a valid interrogation technique is laughable.
[Had a link here to the wikipedia page on water boarding, for the section called "Classification as Torture"]
“Hard cases” was how the pentagon described Gitmo inhabitants. Here is just one example of their total lack of justification:
Haji Bismullah, one of the men freed just before Obama’s inauguration, fought against the Taliban and later served as a regional official in Afghanistan’s pro-American government. After members of a rival clan who coveted Bismullah’s position accused him of terrorist connections, he was held at Guantanamo for nearly six years until a military panel, belatedly heeding witnesses who vouched for him, decided he “should no longer be deemed an enemy combatant.”
More here:
http://www.reason.com/news/show/131948.html
I am not comparing Bush’s financial shenanigans to Obama’s, but finance is not the only facet over which a president has influence. He did possibly irreparable harm to public policy during his two terms, both domestically and internationally. I would consider that at least as egregious as Obama’s mess-ups (which, again, I am not defending).
March 26th, 2009 at 1:56 pm
My example of justification of unconstitutional invasions of privacy is pretty easy: PATRIOT Act. And yeah, I know was approved by Congress. It was the Bush administration’s baby though.”
Okay, you say its unconstitutional yet the laws are still on the books after all this time. Bush’s baby or not Obama himself is keeping renditions and electronic surveillance active. (he did vote for the over seas wire taps, online monitoring) So I don’t see where you’re proving anything.
One example I’ll give you would be the way Padilla was treated and the courts actually decided in his favor.
I don’t know all the exact details but him being a citizen was the cornerstone of it all.
That would be a better and more defined argument in your favor instead of just saying “patriot act”
“Water boarding absolutely is torture. It wasn’t “categorized” as torture because the feds wanted to keep doing it. To consider it a valid interrogation technique is laughable.”
You cant just call things that you think are illegal “illegal”
When the definition of torture includes that of water boarding you’ll have a case.
Besides that, we used it on KSM and it rendered provable, valid and viable info that lead to arrests and foiled active plots to kill Americans.
“Had a link here to the wikipedia page on water boarding, for the section called “Classification as Torture”
No offense but either you or I can go in an edit wiki to our liking.
“Hard cases” was how the pentagon described Gitmo inhabitants. Here is just one example of their total lack of justification:
Haji Bismullah, one of the men freed just before Obama’s inauguration, fought against the Taliban and later served as a regional official in Afghanistan’s pro-American government. After members of a rival clan who coveted Bismullah’s position accused him of terrorist connections, he was held at Guantanamo for nearly six years until a military panel, belatedly heeding witnesses who vouched for him, decided he “should no longer be deemed an enemy combatant.”
Uh yea, so what kind of criminal does that make Bush ?
Ya know, this is war, not a DEA sting where different rights are applied.
From another approach , how much did we really know about Haji ? Was there one thing that justified concern ? Was he acting in two conflicting capacities ?
More here:
http://www.reason.com/news/show/131948.html
“I am not comparing Bush’s financial shenanigans to Obama’s, but finance is not the only facet over which a president has influence.”
Well, it is the topic on this thread.
“He did possibly irreparable harm to public policy during his two terms, both domestically and internationally.”
Yea well “possibly” leaves a lot of room for interpretation or perspective depending on your political convictions.
I could really say the same thing about any president.
“I would consider that at least as egregious as Obama’s mess-ups (which, again, I am not defending).”
Nah, I don’t think so.
Bush’s didn’t sell himself as hard as Obama did on projecting a certain set of values, hopes, policies and promises as Obama did only to turn around and flip and as many.
Really ,with the political climate out there right now and the argument being all the promises Obama did not stick to , if Bush broke half as many we would be hearing about it all over the place from the radical left.
If I were part of Obamas far left base I’d be really f*ckin pi$$ed right now because without a doubt he lead that base to believe one thing and did the exact opposite in his maintaining renditions, Iraqi withdrawals were not really his plan as Bush had the same agreement with Maliki just one day before Obamas last visit there, and then he’s still leaving 50,000 there til god know when. He’s bombed Pakistan a couple times now and as far as him signing Gitmo to be closed a year from now that was just pageantry to pacify far leftist because we really have no clue what to do with these guys yet. That’s probably why renditions were left in place.
Keeping renditions also allows us to ship to other countries that do allow enhanced interrogation.
I would love to just call it torture and make it that.
Fight the damn fight the way a fight should be fought
March 26th, 2009 at 2:57 pm
“Water boarding absolutely is torture.”
Thanks for the comment Rhayader. Now I can sue my college fraternity. The bast*rds actually water boarded me…the evil torturing SOB’s. Not only that but on more than one occasion I had a pair of panties on my head.
March 26th, 2009 at 4:28 pm
Now I’m just going to ask everyone one question. Did anyone actually believe he was going to reduce the deficit and give tax cuts.
March 26th, 2009 at 11:10 pm
Charles - of course not. But I think his followers actually believed some of the things he said during his campaign. I’ve talked with ppl who actually believe he’s going to pay their mortgages, get them jobs and pay off all their debts. Kind of scary that those ppl vote, isn’t it.
March 26th, 2009 at 11:15 pm
Hondo - isn’t that just normal fraternity stuff? Don’t they whip ppl with paddles and the like. Fraternities are obviously just an organization whose function is to train Americans to be insensitive to torture! Its a vast conspiracy to brainwash American males, blah, blah, blah.