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President Obama: The Biggest Government Spender In World History

 
Anonymous Coward
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06/16/2012 11:18 PM
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President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
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06/16/2012 11:25 PM
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Re: President Obama: The Biggest Government Spender In World History
Peggy Noonan aptly summarized in last weekend’s Wall Street Journal the take away by the still holding majority of Americans living in the real world:


The Ongoing Disgrace That Is Obamanomics

“There is, now, a house-of-cards feel about this administration. It became apparent some weeks ago when the President talked on the stump – where else? – about an essay by a fellow who said spending growth [under Obama] is actually lower than that of previous Presidents. This was startling to a lot of people, who looked into it and found the man had left out most spending from 2009, the first year of Mr. Obama’s Presidency. People sneered: The President was deliberately using a misleading argument to paint a false picture! But you know, why would he go out there waiving an article that could immediately be debunked? Maybe because he thought it was true. That’s more alarming, isn’t it, the idea that he knows so little about the effects of his own economic program that he thinks he really is a low spender.”
Anonymous Coward
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06/17/2012 09:35 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


he is unable to control his wife's spending either...

[link to www.dailymail.co.uk]

huffy
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06/17/2012 09:54 AM
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Re: President Obama: The Biggest Government Spender In World History
that there Obama is bad! vote republican! bring back the golden age of 2002-2008!
Anonymous Coward
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06/17/2012 10:00 AM
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Re: President Obama: The Biggest Government Spender In World History
what did you expect from them? they hated the usa and said so all their lives leading up to the white house.
Anonymous Coward
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06/17/2012 10:04 AM
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Re: President Obama: The Biggest Government Spender In World History
Right after the election I remember reading an article written by a college professor. He said that Obama wasn't even qualified to run a Dairy Queen. His is so right.

As James Rawles said the other day. It will all collapse within 24 months.....
magonia

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06/17/2012 10:08 AM
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Re: President Obama: The Biggest Government Spender In World History
He is made for life, he became a part of the elite before he became president and no doubt a part of The Skulls order.

He is so far from the average American as you can be.

Last Edited by magonia on 06/17/2012 10:08 AM
Never believe what you see, never believe what you hear. Both can be fooled.
Anonymous Coward
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06/17/2012 10:34 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


Why is this an Issue? What is wrong with you people is whats stopping you from getting it right. President Spending? Any President are you serious? You people campaign of Lies and Ignorance just doesnt stop. Hate is a river no man can swim and survive.
Anonymous Coward
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06/17/2012 10:35 AM
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Re: President Obama: The Biggest Government Spender In World History
Huge federal spending was required to stop the 08 economic plunge under Bush. This isn't ancient history. The numbers don't lie. Bush was visibly scared in his bailout speech. Things looked grim. Obama had no choice, even Republican economists agreed to spend to keep the ship floating.
Munsoned
The name's not boy, it's Roy!

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06/17/2012 10:35 AM

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Re: President Obama: The Biggest Government Spender In World History
that there Obama is bad! vote republican! bring back the golden age of 2002-2008!
 Quoting: Anonymous Coward 17897608


Well at least I had money back then. My boss too.
Freedom requires breathing room, the Constitution presupposes that there will be some crazies among us so that the rest of us can enjoy freedom. - Judge Andrew Napolitano

A huge shit cloud is coming!
Anonymous Coward
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06/17/2012 10:44 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.
Anonymous Coward (OP)
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06/17/2012 10:45 AM
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Re: President Obama: The Biggest Government Spender In World History
ohappyotrike

It certainly appears that the man is in over his head. I hope the election comes before it is too late...
Anonymous Coward
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06/17/2012 10:47 AM
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Re: President Obama: The Biggest Government Spender In World History
Biased and skewed perspective of the situation

The appearance of more money being spent is because the money is worthless and you have to use 'more' to continue the tirade..This is why gold is so high, anyone? i'm not for or against the current establishment, but i am a proponent of common-fucking-sense..
yoda

As for the poster who refers to 2002-2008 being a golden age:
wtf
Anonymous Coward (OP)
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06/17/2012 10:47 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.
 Quoting: Anonymous Coward 1507079



No need to blame me for the state of the country - I don't believe Bush was any better…
Anonymous Coward
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06/17/2012 10:49 AM
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Re: President Obama: The Biggest Government Spender In World History
that there Obama is bad! vote republican! bring back the golden age of 2002-2008!
 Quoting: Anonymous Coward 17897608


Screw the two party system, vote Libertarian in 2012!
Anonymous Coward
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06/17/2012 10:51 AM
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Re: President Obama: The Biggest Government Spender In World History
The economy collapsed while Bush was president. Obama's policies are prolonging the pain. If you want real change don't vote for a Democrat or Republican.
Anonymous Coward
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06/17/2012 10:52 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.
 Quoting: Anonymous Coward 1507079



No need to blame me for the state of the country - I don't believe Bush was any better…
 Quoting: Anonymous Coward 2257547


really OP you seem pretty sure that Obama is the worst. "The U.S. has never before had a President who thinks so little of the American people"

Just be careful whe you pass judgement sometimes you miss some facts...
pigchef I was the best President.
rcnrngr
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06/17/2012 10:52 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


What people are missing is that the TARP funds $ 700 BILLION has almost ALL been repaid by the banks, WITH interest. Where is the accounting for this money? That means about $ TRILLION repaid and spent! So add that to the $ 5 Trillion Obama has spent.
Lex2012

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06/17/2012 10:54 AM
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Re: President Obama: The Biggest Government Spender In World History
Perhaps you will find few answers here:
Does Obama Have a Winning Wildcard?
[link to blog.world-mysteries.com]
Lex2012
Anonymous Coward
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06/17/2012 10:57 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


he is unable to control his wife's spending either...

[link to www.dailymail.co.uk]

huffy
 Quoting: Anonymous Coward 17888201


Face it. Parties and personalities are a hangup to be overcome.
Bush engineered 'I've got political capital and I'm going to spend it' trillions in the hole after a surplus '01.

Now tell me what alternative we have. There is no BETTER to be had until this gov't is dismantled altogether.
I'm sure you know this.
Anonymous Coward (OP)
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06/17/2012 10:57 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.
 Quoting: Anonymous Coward 1507079



No need to blame me for the state of the country - I don't believe Bush was any better…
 Quoting: Anonymous Coward 2257547


really OP you seem pretty sure that Obama is the worst. "The U.S. has never before had a President who thinks so little of the American people"

Just be careful whe you pass judgement sometimes you miss some facts...
pigchef I was the best President.
 Quoting: Anonymous Coward 1507079



really idiot…


That was a quote from the story, not from me. Has reading comprehension always been a challenge for you?
Anonymous Coward
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06/17/2012 10:59 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


What people are missing is that the TARP funds $ 700 BILLION has almost ALL been repaid by the banks, WITH interest. Where is the accounting for this money? That means about $ TRILLION repaid and spent! So add that to the $ 5 Trillion Obama has spent.
 Quoting: rcnrngr 17389107



You cant keep up with whats been going on in Congress Spending for decades. You only have the intell they want you to have. Does bitching give you validity? Its all a lie go have another cup of coffee. We all have been screwed the same. Just stop it never been "A President" its been Congress with The TrickyDick the entire Time!
Anonymous Coward
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06/17/2012 10:59 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


What people are missing is that the TARP funds $ 700 BILLION has almost ALL been repaid by the banks, WITH interest. Where is the accounting for this money? That means about $ TRILLION repaid and spent! So add that to the $ 5 Trillion Obama has spent.
 Quoting: rcnrngr 17389107



You cant keep up with whats been going on in Congress Spending for decades. You only have the intell they want you to have. Does bitching give you validity? Its all a lie go have another cup of coffee. We all have been screwed the same. Just stop it never been "A President" its been Congress with The TrickyDick the entire Time!
Anonymous Coward (OP)
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06/17/2012 11:00 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


he is unable to control his wife's spending either...

[link to www.dailymail.co.uk]

huffy
 Quoting: Anonymous Coward 17888201


Face it. Parties and personalities are a hangup to be overcome.
Bush engineered 'I've got political capital and I'm going to spend it' trillions in the hole after a surplus '01.

Now tell me what alternative we have. There is no BETTER to be had until this gov't is dismantled altogether.
I'm sure you know this.
 Quoting: Anonymous Coward 18087259


I couldn't agree more. We can only hope that Romney is better. We don't have any other realistic choice in this election.
Justalittlebad

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06/17/2012 11:02 AM
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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


he is unable to control his wife's spending either...

[link to www.dailymail.co.uk]

huffy
 Quoting: Anonymous Coward 17888201


This needs it's own thread.
Justalittlebad/more or less
Anonymous Coward
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06/17/2012 11:03 AM
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Re: President Obama: The Biggest Government Spender In World History
Yep, 4 more years is gonna suck, but the GOP has no one to blame but themselves.
Anonymous Coward
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06/17/2012 11:11 AM
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Re: President Obama: The Biggest Government Spender In World History
I sometimes wonder if Obama's plan is to spend the US into bankruptcy and bring down the empire that way, similar to the way Reagan caused the downfall of the USSR by forcing it to overspend on military weapons in order to match the US.
telling it straight

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06/17/2012 11:19 AM

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Re: President Obama: The Biggest Government Spender In World History
Thanks, OP. Great thread.
JDSGUAM2

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06/17/2012 11:21 AM
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Re: President Obama: The Biggest Government Spender In World History
Just read this quote from Romney: "I am tired of a President who wakes up every morning, looks across America and is proud to announce, “It could be worse.”"

Have no linky - so may not be Romney's quote - so, if not his - can it be mine??
Anonymous Coward
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06/17/2012 11:28 AM
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Re: President Obama: The Biggest Government Spender In World History
Yep, 4 more years is gonna suck, but the GOP has no one to blame but themselves.
 Quoting: Anonymous Coward 17857460


They are both weak superficial people. Puppeteers won't have it any other way.

Come to your senses, stock up, take care of your own, save your energy when it comes to the concept of ballots until a giant tongue of fire from a CME licks d.c. off the planet and peace reigns once more.
FubarMan

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06/17/2012 11:29 AM

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Re: President Obama: The Biggest Government Spender In World History
The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

1dunno1
 Quoting: Anonymous Coward 2257547


I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.
 Quoting: Anonymous Coward 1507079


LOL the president does not create the budget...Since 2006 the communist deomorats have ran the budget, no one else...

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