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Getbig Main Boards => Politics and Political Issues Board => Topic started by: James on February 03, 2010, 02:45:16 PM

Title: How does one spell government bankruptcy? O-B-A-M-A
Post by: James on February 03, 2010, 02:45:16 PM

If any CEO in the USA presented his board with a budget that was one-third unfunded, he would be fired and tossed out of the boardroom immediately.

President Barack Obama recently revealed a $3 trillion budget that had a $1.6 trillion deficit. The maximum deficit presented to Congress prior to this president was approximately a half-trillion dollars (in George W. Bush’s last year, $700 billion of his deficit was a loan, resulting in a net deficit of $500 billion).

Our president has made anemic gestures to reduce spending in his budget in certain non-discretionary areas. However, these are not to take place this fiscal year. If President Obama truly and sincerely wishes to reduce the deficit, he must take similar action that everyday U.S. corporations implement when confronted with huge losses.

http://thehill.com/blogs/pundits-blog/economy-a-budget/79469-how-does-one-spell-government-bankruptcy-o-b-a-m-a

Title: Re: How does one spell government bankruptcy? O-B-A-M-A
Post by: BodyProSite on February 03, 2010, 02:46:18 PM

HEY THATS HOW YOU SPELL COMMUNISM TOO

Title: Re: How does one spell government bankruptcy? O-B-A-M-A
Post by: Soul Crusher on February 03, 2010, 02:47:38 PM

Quote from: BodyProSite on February 03, 2010, 02:46:18 PM

HEY THATS HOW YOU SPELL COMMUNISM TOO

Title: Re: How does one spell government bankruptcy? O-B-A-M-A
Post by: saopl on February 04, 2010, 05:52:46 AM

Quote from: 333386 on February 03, 2010, 02:47:38 PM

rofl wtf