Obama's Spending Record: More Conservative Than Reagan's

[tu_holmes]

Lies?


http://andrewsullivan.thedailybeast.com/2012/03/obamas-spending-record-more-conservative-than-reagans.html


Obama's Spending Record: More Conservative Than Reagan's




This is the kind of reality that makes Sean Hannity's head explodes. So far, the GOP candidates have been running against a fictional president with a fictional record. Obama didn't campaign to increase government spending, but inheriting what was in the final quarter of 2008 an annulaized contraction of 9 percent of GDP, he opted for a stimulus. That accounts for much of the spending.

I know we are supposed - along with Fox News - to have total amnesia about the spending record of George W. Bush, wh had nothing like the recession Obama inherited to counter. But there it is. Along with the fact that of the last seven presidents, the top three are all Republicans.

One worry I have about a president Romney is exactly such a scenario. He has proposed to slash all taxes and increase defense spending by a stupendous amount. He has yet to identify the massive cuts in discretionary and entitlement spending he would need not to explode the debt as his GOP predecessors have done in the modern era.

But if you're going by the records, and want fiscal restraint, you'd be crazy at this point to back a Republican, without examining the fine print in extreme detail. Pity there isn't any for Romney yet. Which tells you something in itself.

[240 is Back]

cee-lo said the F word at a benefit.  I think that's way more important than facts like these.

[MCWAY]

Lies?


http://andrewsullivan.thedailybeast.com/2012/03/obamas-spending-record-more-conservative-than-reagans.html


Obama's Spending Record: More Conservative Than Reagan's




This is the kind of reality that makes Sean Hannity's head explodes. So far, the GOP candidates have been running against a fictional president with a fictional record. Obama didn't campaign to increase government spending, but inheriting what was in the final quarter of 2008 an annulaized contraction of 9 percent of GDP, he opted for a stimulus. That accounts for much of the spending.

I know we are supposed - along with Fox News - to have total amnesia about the spending record of George W. Bush, wh had nothing like the recession Obama inherited to counter. But there it is. Along with the fact that of the last seven presidents, the top three are all Republicans.

One worry I have about a president Romney is exactly such a scenario. He has proposed to slash all taxes and increase defense spending by a stupendous amount. He has yet to identify the massive cuts in discretionary and entitlement spending he would need not to explode the debt as his GOP predecessors have done in the modern era.

But if you're going by the records, and want fiscal restraint, you'd be crazy at this point to back a Republican, without examining the fine print in extreme detail. Pity there isn't any for Romney yet. Which tells you something in itself.

Of course, both you and Sullivan leave off a few facts.

Reagan had a Democrat Congress for both his terms; Bush I had it during his term. Reagan also made the colossal mistake of believing the Dems that, if he raised taxes, they'd lower spending. So did Bush I.

Clinton on the other hand, had a GOP congress for six of his eight years.

The only reason Obama's spending is limited is because THERE'S A GOP HOUSE that's stopping (or at least slowing down) his binge spending.

Nice try. But that proverbial dog don't hunt.

[Shockwave]

Fuck Bush, Fuck Obama, fuck them all. Its not "oh its ok cause Bush was worse", he took what Bush gave him and ran. They both suck and they both deserve a cold place in hell.

Oh and fuck Romney, and Santorum.
Santorum is a fucking psycho and Romney is Obama cleverly wrapped up as a white guy.

Why the fuck can we never get a decent candidate?!

[Soul Crusher]

Do these leftists understand debt to GDP ratio? 

[Soul Crusher]

cee-lo said the F word at a benefit.  I think that's way more important than facts like these.

Or Rick S weight.     F you and youR nonsense accusing everyone else ofwhat you do the most.   

[howardroark]

I'm not sure whether or not this is true, but I wouldn't be surprised if it were true. A major reason for the huge deficit we're having is that tax revenues have collapsed as people have become unemployed, dropped out of the labor force, or have been forced to take lower-paying jobs. Of course, less people earning less money means that those people will be paying less taxes in absolute terms, but also that they'll be paying lower tax rates.

In either case, the problem with the GOP is that it has routinely put forth candidates who like to talk the talk but never walk the walk. Reagan is a perfect example of this. This was true of George W. Bush as well. And Santorum, Mitt, and Newt are all modern day examples.

[tu_holmes]

Of course, both you and Sullivan leave off a few facts.

Reagan had a Democrat Congress for both his terms; Bush I had it during his term. Reagan also made the colossal mistake of believing the Dems that, if he raised taxes, they'd lower spending. So did Bush I.

Clinton on the other hand, had a GOP congress for six of his eight years.

The only reason Obama's spending is limited is because THERE'S A GOP HOUSE that's stopping (or at least slowing down) his binge spending.

Nice try. But that proverbial dog don't hunt.

What do I have to do with this?

I posted this and inquired if it was a lie... so I would pretty much start a discussion about why it would be false.

No need to act like I wrote it... Obviously I did not.

I didn't see where the GOP congress stopped Bush... So that argument seems a little silly.

Also, who makes the budget? Congress or the President?

I'll give you a hint... It's not congress.

[tu_holmes]

I'm not sure whether or not this is true, but I wouldn't be surprised if it were true. A major reason for the huge deficit we're having is that tax revenues have collapsed as people have become unemployed, dropped out of the labor force, or have been forced to take lower-paying jobs. Of course, less people earning less money means that those people will be paying less taxes in absolute terms, but also that they'll be paying lower tax rates.

In either case, the problem with the GOP is that it has routinely put forth candidates who like to talk the talk but never walk the walk. Reagan is a perfect example of this. This was true of George W. Bush as well. And Santorum, Mitt, and Newt are all modern day examples.

I agree with this.

[magikusar]

Massive lies. Debt 8T 2008 and now 16T in 3rd year.  thats +8T in 3 years.  now 8T was all presidents combined for 225 years

[Soul Crusher]

National Debt has increased more under Obama than under Bush


http://www.cbsnews.com/8301-503544_162-57400369-503544/national-debt-has-increased-more-under-obama-than-under-bush


By Mark Knoller Topics Campaign 2012 .

 (Credit: CBS) (CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.


The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.


The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush's last day in office, which coincided with President Obama's first day.


The National Debt also now exceeds 100% of the nation's Gross Domestic Product, the total value of goods and services.


Mr. Obama has been quick to blame his predecessor for the soaring Debt, saying Mr. Bush paid for two wars and a Medicare prescription drug program with borrowed funds.


The federal budget sent to Congress last month by Mr. Obama, projects the National Debt will continue to rise as far as the eye can see. The budget shows the Debt hitting $16.3 trillion in 2012, $17.5 trillion in 2013 and $25.9 trillion in 2022.


Federal budget records show the National Debt once topped 121% of GDP at the end of World War II. The Debt that year, 1946, was, by today's standards, a mere $270 billion dollars.


Mr. Obama doesn't mention the National Debt much, though he does want to be seen trying to reduce the annual budget deficit, though it's topped a trillion dollars for four years now.


As part of his "Win the Future" program, Mr. Obama called for "taking responsibility for our deficits, by cutting wasteful, excessive spending wherever we find it."


His latest budget projects a $1.3 trillion deficit this year declining to $901 billion in 2012, and then annual deficits in the range of $500 billion to $700 billion in the 10 years to come.


If Mr. Obama wins re-election, and his budget projections prove accurate, the National Debt will top $20 trillion in 2016, the final year of his second term. That would mean the Debt increased by 87 percent, or $9.34 trillion, during his two terms.

[Grape Ape]

cee-lo said the F word at a benefit.  I think that's way more important than facts like these.

That's the thread that all the left posters got involved in, thus it creates discussion.

They skip threads like this:  http://www.getbig.com/boards/index.php?topic=419323.0

[Fury]

That's the thread that all the left posters got involved in, thus it creates discussion.

They skip threads like this:  http://www.getbig.com/boards/index.php?topic=419323.0

Pwnt. Fact of the matter is that people on here (240, blacken, straw, every other leftist) would rather talk about Cee-Lo and Sarah Palin than economics and Obama's policies.

[whork]

Lies?
http://andrewsullivan.thedailybeast.com/2012/03/obamas-spending-record-more-conservative-than-reagans.html
Obama's Spending Record: More Conservative Than Reagan's

This is the kind of reality that makes Sean Hannity's head explodes. So far, the GOP candidates have been running against a fictional president with a fictional record. Obama didn't campaign to increase government spending, but inheriting what was in the final quarter of 2008 an annulaized contraction of 9 percent of GDP, he opted for a stimulus. That accounts for much of the spending.
I know we are supposed - along with Fox News - to have total amnesia about the spending record of George W. Bush, wh had nothing like the recession Obama inherited to counter. But there it is. Along with the fact that of the last seven presidents, the top three are all Republicans.
One worry I have about a president Romney is exactly such a scenario. He has proposed to slash all taxes and increase defense spending by a stupendous amount. He has yet to identify the massive cuts in discretionary and entitlement spending he would need not to explode the debt as his GOP predecessors have done in the modern era.
But if you're going by the records, and want fiscal restraint, you'd be crazy at this point to back a Republican, without examining the fine print in extreme detail. Pity there isn't any for Romney yet. Which tells you something in itself.

Republicans would not elect Reagan now. They have sunk so very low that party.

[240 is Back]

Republicans would not elect Reagan now. They have sunk so very low that party.

reagan would be huntsmann today.

[howardroark]

Republicans would not elect Reagan now. They have sunk so very low that party.

Reagan was a fucking disaster.

[Soul Crusher]

Reagan was a fucking disaster.

As you get older, you will realize that it's all a matter of proportion. 

[whork]

Reagan was a fucking disaster.

Im not a huge fan either but compared to Newt, Santorum and Romney he comes out on top.