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Title: After 3 Years of Failure After Failure, the Kenyan Says Bachmann’s Policies Will Devastate the Middle Class (Worst. President. Ever.)
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URL Source: http://www.thegatewaypundit.com/201 ... ll-devastate-the-middle-class/
Published: Jun 28, 2011
Author: Jim Hoft
Post Date: 2011-06-28 09:19:49 by no gnu taxes
Keywords: None
Views: 1143
Comments: 11
Barack Obama increased the national debt by over $3 trillion in just over 2 years. Obama tripled the deficit in one year with his failed stimulus plan. The Obama deficit this year may reach $1.65 trillion. (The Captain’s Comments) Barack Obama and Democrats also added over One Trillion Dollars to the Federal Budget in the last 4 years. That’s at least a 30% increase in federal spending in just 3 years. ** Real US GDP has risen 0.8% over the 13 quarters since the current recession began, compared to an average increase of 9.9% in past recoveries. ** Obama’s trillion dollar stimulus failed. ** The unemployment rate is still above a 9%. ** Obama is the worst jobs president since the Great Depression overseeing the worst housing downturn since the Great Depression and the worst slide in home prices since the Great Depression. But since when do facts matter to this bunch? After two and a half years of failure after failure, the Obama Administration today had the gall to say a Bachmann presidency would devastate the middle class. ABC reported: ABC News’ Devin Dwyer (@devindwyer) reports: Signaling its messaging operation has kicked into gear, the Obama campaign today directly responded to Republican Rep. Michele Bachmann’s bid for the presidency, saying her economic policies would devastate the middle class. “Congresswoman Bachmann talks about reclaiming the American Dream, but her policies would erode the path to prosperity for middle class families,” Obama campaign spokesman Ben LaBolt said in a statement. “She voted for a budget plan that would extend tax cuts for the richest Americans on the backs of seniors and the middle class while ending Medicare as we know it,” he said. “Congresswoman Bachmann introduced legislation to repeal Wall Street oversight — risking a repeat of the financial crisis — and while she voted to preserve subsidies for oil and gas companies, she opposes making the investments necessary to enhance America’s competitiveness and create the jobs of the future.” In case you haven’t noticed… Things can’t get much worse, Barack.
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#1. To: no gnu taxes (#0)
Any chart which claims "Obama tripled deficit in 2009" is suffering from a truth deficit. As of 1/19/09, the day before Obama took office, the deficit stood @ $1.2bln.
The United States federal budget for fiscal year 2009 was a spending request by President George W. Bush to fund government operations for October 2008-September 2009. With projected receipts less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately $400 billion dollars http://en.wikipedia.org/wiki/2009_United_States_federal_budget
#3. To: no gnu taxes (#2)
(Edited)
As has been pointed out to you several million times, that "budget" got blown out the water the very first month of the Fiscal Year, douche.
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#2. To: war (#1)
2009 United States federal budget
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