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Obama budget could bring $9.3 trillion in deficits
Will somebody please wake up!?
http://news.yahoo.com/s/ap/20090320/...h/obama_budget Quote:
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Re: Obama budget could bring $9.3 trillion in deficits
Wonder what that number will look like after his 2nd hundred days? We might as well disband the military. We'll never be invaded, we'll just be foreclosed on...
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Re: Obama budget could bring $9.3 trillion in deficits
Wow! I seem to remember that when Clinton left the office there was a surplus, what the hell happened???? Oh yea....Bush.
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Re: Obama budget could bring $9.3 trillion in deficits
Yes, Bush indeed. Took him long enough to come out of hiding huh? :D
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Re: Obama budget could bring $9.3 trillion in deficits
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@VR; Yep, another headline is where he is giving Iran a clean start option! @SW; Barrack Hussein Obama was never in hiding, well not to me, surely to you and others, but I'm glad you can see clearly now. Two years, then we can put enough Republicans in office to stop the madness. Heck as some Dems are talking now, they may join with Mitch and the boys. |
Re: Obama budget could bring $9.3 trillion in deficits
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Re: Obama budget could bring $9.3 trillion in deficits
Since all parties seem intent on dodging what has been stated, I'll spell it out clearly.
The idea of the article is that Obama's present budget presents a much larger deficit than Bush's ever did. At least, that's how Felix has presented the information. I'm not sure how much impact Bush was capable of having on this, my guess is little since he fell out of favor with even the Republican party during his last term. I also read an article awhile ago (due to the long span since, I have no link to direct you so take my word, or don't.) where Obama stated that he signed the spending budget through mostly because they needed to have a budget, even an "imperfect" budget. So a crapload of earmarks were stuck in the spending plans. My personal ideals, pet projects have no place in government spending, but that's not the way our gov't. tends to work. |
Re: Obama budget could bring $9.3 trillion in deficits
From the article I get the impression most of it is inherited debts, and that the white house experts don't seem to be in agreement with the dire predictions cited in the article.
In short, it's just politics as usual. I would take both sides with a grain of salt. Unless it suits your agenda of course. http://www.ironworksforum.com/forum/...ons/icon15.gif |
Re: Obama budget could bring $9.3 trillion in deficits
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Re: Obama budget could bring $9.3 trillion in deficits
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These are current administration numbers, not inherited. Quote:
The issue lies with my daughter element, who at 17 cannot get a part time job or even a simple summer hire job due to the amount of our elderly going back to work to help support their children. Lastly; Quote:
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