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Old 11-22-2012, 10:39 AM   #23
Direckshun Direckshun is offline
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Quote:
Originally Posted by Brainiac View Post
The deficits for the last 6 years:
Obama's been in office four years.

Quote:
Originally Posted by Brainiac View Post
2009: $1.4 Trillion
2010: $1.3 Trillion
2011: $1.3 Trillion
2012: $1.1 Trillion (estimated)

I know it's fashionable for the Obots to call the 2009 deficit a "Bush deficit" so that they can argue that Obama is some kind of awesome deficit cutter.

But the fact is Obama was elected President in November of 2008. He was inaugurated as President on January 20th, 2009. To try to claim that the $1.4 Trillion deficit in 2009 is a "Bush deficit" is patently ridiculous, and it's typical of the spin that is being applied these days in an attempt to portray Obama as a fiscally responsible President.
All due respect, but this is not a very well educated argument.

But regardless -- Obama and the government spent more at the outset due to the argument I made earlier in the thread:

Quote:
The truth is, austerity in a bad economy has been proven again, and again, and again, to be reckless.

Europe, four years ago, as in a similar situation to us. Europe embraced the conservative solution -- austerity.

The United States embraced the liberal solution -- deficit-fueled demand injected into the economy by the government.

Now, one entity is headed in the right direction. The other is at 12% unemployment and rising.
Quote:
Originally Posted by Brainiac View Post
His first year in office he added a TRILLION dollars to the deficit, and now he's simply maintaining it.
This is hilariously wrong.

The Great Recession occurred that walloped tax receipts. This isn't new news.

And the idea that Obama is "simply maintaining it" is undercut by the OP.
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