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280 billion bailout of failed financial institutions
16 billion in toxic asset purchaces
nearly a trillion failed stimulus
from 2008 to 2014
medicare spending has increase 29%....... 386b to 598b
medicaid spending has increased 44%..... 201b to 339b.....medicare/ciad makes up over 900 billion of our spending and is INCREASED big time each year
ss spending has increased 17% ........ 612B to 820b
bush spent like a drunken sailor...obama and the liberals have spent like a whole platoon of drunken marines
All of those bank bailouts have been paid back and the TARP was initiated under Obama's predecessor, George Whatshisname.
You mentioned, "medicare spending has increase 29%" and "medicaid spending has increased 44%." What executive order did Obama sign that increased Medicare and Medicaid spending?
As for "our spending and is INCREASED big time each year," see below. Spending really increased under George Whatshisname. Not so much under Obama:
In closing of this ridiculous accusation that Obama caused the debt, revenues fell by $500 billion per year during the Great Recession and social spending increases because those are means tested programs. What we were seeing wasn’t Obama going on a spending spree; we were seeing the government we already had, responding to a terrible economic slump.
Apparently to a Republican, "Speaking the truth" == "Trolling".
Truth? In a round about way I guess. Obama raised the deficit a ton then reduced it back a little and you call this truth that he lowered it? He still raised it a ton more than where it was before he got elected even after lowering it 1T.
Truth? In a round about way I guess. Obama raised the deficit a ton then reduced it back a little and you call this truth that he lowered it? He still raised it a ton more than where it was before he got elected even after lowering it 1T.
S T O P ...you'd confuse them more if they stopped long enough to actually think about it.
My wife and I have enjoyd a $50,000 INCOME over the past three yaes
In 2012 we spent $120,000 to live putting $70,000 on our 24% Chase credit card giving us a $70,000 deficit.
In 2013 we tightened our belts and spent $115,000 putting $65,000 on our 24% Chase credit card.
In 2014 we really, really tightened our belts spendin only $112,000 putting only $62,000 on our Chase credit card.
We had great victory in that we reduced pur deficit in each of the three years.
What could possobly go wrong?
Good analogy, but to make it more correct, it wouldn't be you guys tightening your belts. It would be the Republicans taking away one of your credit cards while you stomped your feet and whined.
Then a couple of years later, you crow about how you "cut the deficit" while singling handedly increasing the debt more than every other president combined. Snort
Bill Clinton is responsible for the increase in China's GDP son.
Lol. It's cute you think China's rise could be stopped or was due to Clinton. The US is the 2nd largest manufacturer in the world here in 2015. Me thinks you don't have grasp on the situation.
The reason for the increase, doesn't mean the increase didn't exist. You cant on one breath justify an increase, and then in the next claim it didn't happen.
I'm saying this would have happened regardless of Obama or McCain being elected in 2008. The global economic crisis was very serious.
Have the banks and GM not paid us back in some capacity?
All of those bank bailouts have been paid back and the TARP was initiated under Obama's predecessor, George Whatshisname.
You mentioned, "medicare spending has increase 29%" and "medicaid spending has increased 44%." What executive order did Obama sign that increased Medicare and Medicaid spending?
As for "our spending and is INCREASED big time each year," see below. Spending really increased under George Whatshisname. Not so much under Obama:
In closing of this ridiculous accusation that Obama caused the debt, revenues fell by $500 billion per year during the Great Recession and social spending increases because those are means tested programs. What we were seeing wasn’t Obama going on a spending spree; we were seeing the government we already had, responding to a terrible economic slump.
They don't understand cause and effect. It's that simple.
Truth? In a round about way I guess. Obama raised the deficit a ton then reduced it back a little and you call this truth that he lowered it? He still raised it a ton more than where it was before he got elected even after lowering it 1T.
Lol. Cause and effect is hard for you to understand...
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