Posted by Tina
If a picture is worth a thousand words this graph has to be worth a million…but I promise I won’t bore you with all of them!
The thing that’s immediately noticable is the explosion in the deficit following that big “hope and change” rally that sealed the deal of Democrat controll of DC. With a super majority they easily choose the path of massive stimulus spending to “fix” the economy and create jobs.
Look closely and you will see that deficit spending is high even without war spending. At this high rate the war spending is a drop inn the bucket. Obviously blaming a “costly war” for the trouble we find ourselves in is erroneous and misleading. (imagine that!)
Now look closely again and you will see that when Republican controlled Congress the deficit was coming down. Deficits began to rise sharply with the Reid/Pelosi budget under Bush and then shot into the stratosphere when Obama became President. Placing blame on Bush or the Republicans for the fix we are in just makes these greedy, incompetent Democrats look rediculous.
HT: FOX News
“The thing that’s immediately noticable is the explosion in the deficit following that big “hope and change” rally that sealed the deal of Democrat controll of DC.”
So totally cool. A President who can inflate the deficit BEFORE he becomes President!
Wonderous. Or Bogus. I go for bogus.
You can’t really be so very silly?
I have to admit I’m a little taken back by the figures shown. I expected the Iraq war to have more of an impact than this. We’ve heard almost daily about the billions upon billions that were’ve spent over there, but I was well aware of the dazngerous levels of spending the Obama administration engaged in. Did you know that right now one in six Americans are on the government dole? That means that only five are supporting one person on some sort of government assistance. That’s the lowest ratio we’ve ever had as far as I know.
Double dip recession is real possibility and mighht be stuck in recession for years, just like Japan and for the same reasons. Jack Lee
Libby: “A President who can inflate the deficit BEFORE he becomes President!”
Or a Pelosi/Reid/Frank/Dodd congress starting in 08…not so cool after all.
Try taking on the lies spewed by the left that the Republicans were not responsibly taking care of debt with the same synical sense of humor and I’ll back off.
Jack you’re right, Japan is the model that we’re following and it’s taking us into a lengthy period of death like recession if not depression…like idiots. There’s no way to explain or make sense of the blindness that grips this administration. We’re speeding with peddle to the metal on a highway to he**.