Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

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optimusprime
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Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #1 by optimusprime » October 13th, 2015, 8:02 pm

:-bd Between 2009 and 2013, President Barack Obama achieved the improbable: he successfully eliminated the $1.4 trillion deficit legacy of the Bush administration, lowering it to $679 billion. That’s right: he cleaned up the mess cowboy George left behind, and things are looking up for America.

Obama has seen, and will continue to see strong opposition to his policies from Republicans despite this astonishing accomplishment. The deficit is normalizing for the first time since 1965. In addition to proving himself worthy in terms of economic recovery the president has also instituted federal healthcare reform. Even though Obama will leave office in early 2017, he will be able to set the budget for that year, so he has plenty of time for more even more reduction.

Obama’s fiscal responsibility will place a large burden on the Republican party if one of its candidates should win the presidency in 2016. There are fears that a Republican president could reverse the trend set by the Obama administration, and all the hard work done over the past eight years would be malevolently undone for no better reason than to smite Obama’s legacy.

The last time the country cleared a budget deficit was during the eight-year Clinton administration, which ran from 1993 to 2001. The trend reversed when President Bush decided to play war over in the Middle-East at the cost of FAR TOO MANY American lives, and trillions of dollars.
:cheer:
You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.
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Porque
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #2 by Porque » October 13th, 2015, 9:01 pm

Opes, you are so in love with Berry :-* if he announced the color of his daily turds you'd be beside yourself with glee.

Tell me, when President Bush was your boss, your commander in chief, did you call him Cowboy George? Or did you just accept his paychecks and head off to the bank like a good soldier? :point:

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optimusprime
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #3 by optimusprime » October 13th, 2015, 11:18 pm

Once again, we get a smear change-the-subject post of untruths and un-american troll points from someone so anti-american, one has to wonder what qualifies you to ask me any question concerning the character of THIS American Citizen who has served THIS country...MY country HONORABLY.

Kick rocks, Porque. :twoup:
You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.
~ Malcolm XImage

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Porque
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #4 by Porque » October 14th, 2015, 2:59 am

I understand tomorrow He's having one of those Halloween Burger Kings.


Maybe you'll tell us how that turned out. ;;)

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Porque
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #5 by Porque » October 14th, 2015, 3:48 am

(PS: I liked you better when you had a sense of humor.)

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Bill Bryan
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #6 by Bill Bryan » October 14th, 2015, 10:38 am

Hey yeah, lighten up on ol' Porky. He's going through a very tough time in his life.

This is a time in history when it's deeply shameful to be a Republican or to support the Republican Party in any way, shape, or form.

That poor feller. :point:
"My presidency is entering the fourth quarter. Interesting stuff happens in the fourth quarter."
- President Barack Obama

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Porque
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #7 by Porque » October 14th, 2015, 11:33 am

This is the time when we'd normally expect 7 to cut and paste something full of pith.

Image

He's heard his master's voice.

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optimusprime
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #8 by optimusprime » October 14th, 2015, 12:55 pm

:popcorn:
You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.
~ Malcolm XImage

pjhimself
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #9 by pjhimself » October 14th, 2015, 4:27 pm

I think a discussion on the deficit is incomplete without a reference to the debt.

A reduction in the deficit does not correspond with a reduction in the debt. Many politicians and analysts conflate the two terms. The deficit for 2014 was smaller than the deficit for 2013, which was $691 billion. It would be accurate to say that the deficit was cut by $212 billion from 2013 to 2014, yet it would be incorrect to say that the debt was cut by $212 billion during the same period. It would only be correct to say that the rate of growth for the debt declined from 2013 to 2014.


While deficits have some theoretical benefits – albeit highly disputed benefits – and their problems aggregate within the federal debt, it is fair to assume that federal debt is worse than fiscal deficits



Read more: What is the difference between fiscal deficit and federal debt, and which is worse? http://www.investopedia.com/ask/answers ... z3oZlgldBe

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Porque
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #10 by Porque » October 14th, 2015, 5:10 pm

Awright! What PJ said :-bd

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7rob7
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Re: Republicans Seething As President Obama Finally Erases Bush’s $1.4 Trillion Deficit

Post #11 by 7rob7 » October 18th, 2015, 2:31 pm

Here's a good list of GOP/TEAbagger lies that mesh nicely with their lies about Obama's lowering of the deficit each year of his presidency: http://historysdumpster.blogspot.com/2014/02/you-might-be-watching-too-much-fox-news.html

The seethier, the better! :D
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