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Obama Shatters Spending Record for 1ST-Year Presidents OUT SPENDS BUSH & CLINTON  email this discussion to a friend?

myLot reputation of 22/100. kennyrose (5047) 3 years ago

President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.

In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.

That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.

Click here to read FOXBusiness.com's Elizabeth MacDonald describe what the interest on the debt can buy.


http://www.foxnews.com/po...

 

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tags:  obama, sense, spending
 
1. myLot reputation of 79/100. clrumfelt (1908)   ranked 133 out of 3,986 in politics   3 years ago

Obama is trying to make the USA into a third world country, and spending us and our children into oblivion is one way to accomplish that.


myLot reputation of 22/100. kennyrose (5047)  3 years ago

with out question and polls clearly read the hand writing on the wall for barack obama he is the worst president in all of our history, jimmy carter comes in second,with all the moral flaws of bill clinton by far clinton was a better president then mr barack hussein obama.

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2. myLot reputation of 80/100. whiteheather39 (15574)   ranked 195 out of 3,986 in politics   3 years ago

It is pretty obvious that Obama intends to "shatter" everything and that includes the whole of the USA.

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3. myLot reputation of 67/100. anniepa (11669)   ranked 329 out of 3,986 in politics   3 years ago

.If you put aside your immense hatred for this President for one second, Rose, you'd realize that it's also a fact that no President has ever walked into a mess like this one has. I'm not even going to discuss whose "fault" it is that we're in the shape we're in but everyone knows it's pretty bad.

Annie


myLot reputation of 75/100. irishidid (3461)   ranked 840 out of 3,986 in politics  3 years ago

But, annie, you don't walk into a mess and start throwing in more mess. Adding water to the lake isn't going to save a drowning man and spending the country into more debt (does Obama play the fiddle, btw?) isn't going to get us out of debt!

While showing rose the "love for Obama", maybe you should be looking at the "realism of Obama".


myLot reputation of 67/100. anniepa (11669)   ranked 329 out of 3,986 in politics  3 years ago

Believe me, irishidid, I know Rose is never going to change her mind about Obama! Even if he suddenly started doing everything SHE thinks should be done she'd still hate him. I'd like to think I AM being realistic. I never said nor did I ever expect obama to be a "savior" and there have been things I've disagreed about and that have disappointed me. I think it certainly could be said that when you get into a big mess after doing certain things you don't try to clean up the mess by doing more of what got you there in the first place, as in tax cuts and deregulation. That pretty much is all the right ever talks about.

Annie


myLot reputation of 22/100. kennyrose (5047)  3 years ago

annie,
why do you have to make everything a personal attack on me at most all of my post hell it's clear your a obama's lover above the country i understand that but fact remains fact oabma has killed what he inherited out spending clinton and bush put together and i understand your very proud obama did it in less then 12 months.


myLot reputation of 67/100. anniepa (11669)   ranked 329 out of 3,986 in politics  3 years ago

Rose, if you think anything I've posted here constitutes a "personal attack" on YOU I sincere apologize because that was not my intent. It's interesting that you'd accuse me of that and then in the same sentence say "...it's clear your a obama's lover above the country...". I COULD take that as a personal attack! Voting for someone and then supporting SOME of what he or she does in office isn't the same thing as being a "lover". I really unsure of what you mean by "above the country". I think I care a great deal about my country which, to me, means the people in it. I'm not proud knowing that in my country 45,000 people die each year because they don't have health insurance or enough of it. I'm not proud that we have veterans who are homeless. There, simple dollar figures don't tell the whole story here, not by a long shot.

If you also take this as a personal attack I don't know what to tell you! I sure didn't think you'd be offended by someone acknowledging your feelings about the President since you make them known yourself in no uncertain terms on a daily basis.

Annie


myLot reputation of 90/100. scottcoleson (323)   ranked 259 out of 3,986 in politics  3 years ago

I find it funny that rose sees all of this as a personal attack against him, yet everytime he mentions Obama, it's usually a personal attack against him concerning his race and the fact that his mom is white. Why the double standard?

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4. myLot reputation of 63/100. nzinky (591)   ranked 447 out of 3,986 in politics   3 years ago

Your right there he has spent more money than Bush or Clinton ever thought of spending but he keeps blaming everyone but himself for the shape our country is in.
Today durning his speach he blamed bush again for all the trouble the country is in, when is he going to take blame for what he's done.....

Harry Truman said, "The Buck Stops Here..." Now Obama blames everyone else for the problems that he is causing by open up the wallet and letting the money fly out of it like there is no tomorrow.......He has been in Office for almost a year now and he hasn't said "I don't know what I'm doing.....Which anyone with half a brain can see that he's trying to fake it...." I'm sorry the the job of President of The Uniteed States needs to know when to talk and when to keep his mouth shut......But Obama doesn't have the good sences to do either.....

I hope he's impeached before much longer or we won't have a country to worry about.

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