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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (85192)6/3/2010 5:31:38 PM
From: FJB1 Recommendation  Read Replies (1) | Respond to of 224713
 
RE:I have to disagree about it being Obama's legacy. Everyone (esp. the party out of power and its supporters), wants to blame everything bad that happens on the president currently in power

You could not be more wrong. I think almost any President we have had in the past would have been more effective in reacting to this spill. Obama's laziness and incompetence in reacting to this will most definitely be what he is most remembered for. Bush would have nuking the well on the table for sealing it.

The destruction of the Gulf and Obama will be forever linked.



To: TimF who wrote (85192)6/3/2010 5:43:54 PM
From: FJB  Read Replies (1) | Respond to of 224713
 
Here is the other and no less important half of Obama's legacy - the bankrupting of the country.

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Federal debt tops $13 trillion mark
GOP sounds 'alarm' on red ink

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Calculated down to the exact penny, the debt totaled $13,050,826,460,886.97 as of Tuesday, leaping nearly $60 billion since Friday, the previous day for which figures were released.

At $13 trillion, that figure has risen by $2.4 trillion in about 500 days since President Obama took office, or an average of $4.9 billion a day. That's almost three times the daily average of $1.7 billion under the previous administration, and led Republicans on Wednesday to place blame squarely at the feet of Mr. Obama and his fellow Democrats....

washingtontimes.com