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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.)
Source:
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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: 1400
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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Begin Trace Mode for Comment # 6.
#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
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.
Bush never signed that budget, and it is not the one he presented.
Huh? You link me to the Budget that his OMB wrote and then offer up that he didn't submit it nor did he "sign" it... Here's a hint...what you linked me to is what he presented. A POTUS doesn't sign a "budget" he signs several appropriation bills that originate out of the spending priorities he's outlined in his budget and by the end of October he was already +~$800bln over what he had outlined.
Bush never signed the 2009 budget. The Dims just kept passing continuing resolutions and Obama signed the Omnibus bill.
#7. To: no gnu taxes (#6)
(Edited)
So what? Is that a "Get Out Of Jail Free" card for signing TARP?
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#2. To: war (#1)
2009 United States federal budget
#3. To: no gnu taxes (#2)
(Edited)
#4. To: war (#3)
#5. To: no gnu taxes (#4)
(Edited)
Bush never signed that budget, and it is not the one he presented.
#6. To: war (#5)
Replies to Comment # 6. Bush never signed the 2009 budget.
End Trace Mode for Comment # 6.
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