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Inherited Deficit

 
Anonymous Coward
User ID: 3538082
United States
06/14/2012 04:51 PM
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Inherited Deficit
Amazingly enough,...... a lot of people swallow this nonsense.

So once more, a short civics lesson.


1. Budgets do not come from the White House.

2. They come from Congress,and the party that controlled Congress since January 2007 is the Democrat Party.

3. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011.

4. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.


5. For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office.

6. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.

7. (And where was Barack Obama during this time?) He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009.



If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets.

That deficit was the lowest in five years, and the fourth straight decline in deficit spending.

After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

If Obama inherited anything, he inherited it from himself.


In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.
eT
User ID: 2391560
United States
06/14/2012 09:48 PM
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Re: Inherited Deficit
The deficit is a lie...
Just lake the false fiat/money it is printed on...

This was planned for quite some time...
Fact of the matter most of the populace is slaves/sheep, not just in the U.S.

The banking intelligence agencies decided along time ago you were way to easy to manage. Once they realised they were using the same technologies (hardware/and software) , it became pretty evident they were all working for the same families.

Plasma/Radio Inputs? you also have eyes, ears, and smell.
You are the computer.





GLP