President Obama Has Outspent Last Five Presidents

R

RockX

Banned
http://www.usnews.com/news/blogs/wa...-has-outspent-last-five-presidents_print.html [h=1]President Obama Has Outspent Last Five Presidents[/h]

Federal_Spending425x283.jpg


President Obama has shelled out more in federal spending than the five presidents that came before him.


A new chart by the Comeback America Initiative (CAI), a non-partisan group dedicated to promoting fiscal responsibility by policymakers, shows federal spending by president as a percentage of GDP, and it doesn't reflect well on Obama.


"There has been a dramatic increase in spending under the Obama administration," David Walker, Founder and CEO of CAI, told Whispers. "Most of it is attributable to year one of his presidency and the stimulus... but President Obama has continued to take spending to a new level."


Federal spending was close to 20 percent under the Carter administration, dropped to 18 percent under Clinton, and is currently at an incredible 24 percent of GDP. According to the Congressional Budget Office, federal spending may hover around 22 percent for the next decade.


Federal spending is also higher this year than any year since 1949. The last time spending was higher—in 1946, it was 24.8—the country was just coming down from the exorbitant rates of spending during World War II.


GOP presidential candidate Mitt Romney has said he would cut federal spending down to just 17 percent of GDP.


President Obama is facing some heat over the economy Friday after a depressing job report showed the jobless rate climbed to 8.2 percent in May.

http://www.usnews.com/news/blogs/wa...ident-obama-has-outspent-last-five-presidents

images
 
Does the ongoing war in Afghanistan get put on Bush's watch or does it go on Obama's? Same with Iraq? Doesn't seem fair to include it in Obama's spending.

Also, revenues are down and Obama's spending has leveled off. Wasn't a lot of Obama's spending in the first few years due to the mess Bush left?
 
Last edited:
Rana said:
Does the ongoing war in Afghanistan get put on Bush's watch or does it go on Obama's? Same with Iraq? Doesn't seem fair to include it in Obama's spending.

Also, revenues are down and Obama's pending has leveled off. Wasn't a lot of Obma's spending in the first few years due to the mess Bush left?
Click to expand...
Bullshit Obama adopted Afghanistan as a just war, he's just as much a warhawk.
 
Rana said:
Does the ongoing war in Afghanistan get put on Bush's watch or does it go on Obama's? Same with Iraq? Doesn't seem fair to include it in Obama's spending.

Also, revenues are down and Obama's pending has leveled off. Wasn't a lot of Obma's spending in the first few years due to the mess Bush left?
Click to expand...
That argument worked for the first year, maybe the second. At this point You just have to accept that Obama is as bad as Bush. Different party, same policies.
 
Rana said:
Does the ongoing war in Afghanistan get put on Bush's watch or does it go on Obama's? Same with Iraq? Doesn't seem fair to include it in Obama's spending.

Also, revenues are down and Obama's pending has leveled off. Wasn't a lot of Obma's spending in the first few years due to the mess Bush left?
Click to expand...


Trying to provoke me again ?

Are you gonna blame FDR for the ongoing cost to taxpayers for Social Security ?
Does LBJ get the blame for Medicare's spending ?
How about the money and lives wasted on the Korean War....does Truman get that blame ?

You're a typical Obama stooge.....blame everyone but him....he blames Bush, he blames Republicans, he blames Congress. Nothing is his fault, its always someone elses.
The buck never seems to stop at his door, it just slows down to peek in.
 
bravo said:
Trying to provoke me again ?

Are you gonna blame FDR for the ongoing cost to taxpayers for Social Security ?
Does LBJ get the blame for Medicare's spending ?
How about the money and lives wasted on the Korean War....does Truman get that blame ?

You're a typical Obama stooge.....blame everyone but him....he blames Bush, he blames Republicans, he blames Congress. Nothing is his fault, its always someone elses.
The buck never seems to stop at his door, it just slows down to peek in.
Click to expand...

Are you going to blame Obama for the repeal of the Glass-Steagall Act and the implementation of the Gramm–Leach–Bliley Act? It was those two actions which have caused the horrendous shit that Obama faced from almost day one.
 
Aoxomoxoa said:
I suspect you will be able at last to see what happens when the world goes to shit and everybody stands back and watches.
Click to expand...

Maybe you can convince the US to send relief aid to the countries in Europe who are at civil war with each other, when this happens.
Is England preparing for the vikings to invade, again?
 
USFREEDOM911 said:
Maybe you can convince the US to send relief aid to the countries in Europe who are at civil war with each other, when this happens.
Is England preparing for the vikings to invade, again?
Click to expand...

I don't know why you feel the need to be such a prat all the time? You were the arseholes that started the whole process in the first place yet with typical Yank arrogance think you are above the fray!!
 
bravo said:
Trying to provoke me again ?

Are you gonna blame FDR for the ongoing cost to taxpayers for Social Security ?
Does LBJ get the blame for Medicare's spending ?
How about the money and lives wasted on the Korean War....does Truman get that blame ?

You're a typical Obama stooge.....blame everyone but him....he blames Bush, he blames Republicans, he blames Congress. Nothing is his fault, its always someone elses.
The buck never seems to stop at his door, it just slows down to peek in.
Click to expand...

Don't take offense to this - but it's time you stfu about you're "you'd better blame Dems too" routine. Seriously, it's repetitive, and it's BS. Because you never met a Republican you blamed for anything, ever.

Your posts are pure hackish projection.
 
Onceler said:
Don't take offense to this - but it's time you stfu about you're "you'd better blame Dems too" routine. Seriously, it's repetitive, and it's BS. Because you never met a Republican you blamed for anything, ever.

Your posts are pure hackish projection.
Click to expand...

Thats ludicrous.....Obama and Democrats and YOU have been blaming Bush for everything thats taken place since 2000.....hes been out of office, out of power, and out of politics for almost 4 years and Obama, Democrats and YOU are still blaming him for everything ......

Granted, Obama is blaming Congress, the House of Representatives and Republicans in general now for some variety, but its obviously nothing but singing a new verse of
the same tired old song named, "I Didn't Do Anything"....so get a fuckin' clue or just insert your head back up you ass where it normally is....

The fact is....when you're at the fuckin' helm, when you're in the drivers seat, when you're leading the United States of America, when you're the most powerful man in the world, you take responsibility....the buck stops in the Oval Office.
 
Last edited:
Are you gonna blame FDR for the ongoing cost to taxpayers for Social Security ?
Does LBJ get the blame for Medicare's spending ?
How about the money and lives wasted on the Korean War....does Truman get that blame ?

You're a typical Obama stooge.....blame everyone but him....he blames Bush, he blames Republicans, he blames Congress. Nothing is his fault, its always someone elses.
The buck never seems to stop at his door, it just slows down to peek in.
Click to expand...


This was and is obviously a post to high-light how ridiculous Rana's rant about Bush concerning the wars and everything that occurred in the last 13 years.....

Why end there if thats your logic....go back to FDR, LBJ and Harry....thats the same stupid logic at work.
 
You must log in or register to reply here.
Back
Top