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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (294052)2/26/2009 4:55:48 PM
From: Brumar89  Read Replies (1) | Respond to of 793955
 
....In one month Democrats have already nearly tripled the national deficit and will likely quadruple the deficit this year.

The deficit they have racked up represents 12.3 percent of the U.S. economy-- its largest share since World War II.

3.bp.blogspot.com

Democrats have already spent twice as much as the total cost of the War in Iraq.
They are likely to spend 6 times as much as the total cost of the Iraq War before they are through with their bailouts.


Obama will also announce tax hikes and more government programs in his talk today.
And, he will blame Bush for the deficit he's tripled.
Reuters reported, via Free Republic:

President Barack Obama will forecast a 2009 deficit of $1.75 trillion on Thursday in a budget that covers big goals including reforming the health care system and stabilizing the U.S. economy, an administration official said.

The huge deficit figure, to be published in the president's budget later on Thursday, would represent 12.3 percent of the U.S. economy -- its largest share since World War II.
..
gatewaypundit.blogspot.com



To: Oral Roberts who wrote (294052)2/26/2009 11:45:03 PM
From: greenspirit6 Recommendations  Read Replies (2) | Respond to of 793955
 
Shame on fringe leftists who pretend to be centrist for piling up trillions of dollars of debt for generations to come to deal with. Their irresponsibility and selfishness is disgraceful.

And shame on those who believe spending money like a fool is the only way to deal with a recession. Black and white thinkers who see no gray areas except those described by the Messiah Obama are coolaid drinking overeducated nitwits.