Deficits Falling Under Obama (based on fact)

[SeekingTruth]

Originally Posted by WombRaider

Obama inherited the biggest deficit in our history. This is not up for debate. A president can't be held entirely responsible for the deficit in his first year. That budget was set the previous year under the previous administration. Fiscal year 2009 actually began in October of 2008. That's when it's all Obama's.

In fact, two pieces of legislation he signed make up a third of his total deficits run. The stimulus of 2009 and the Tax relief act of 2010 that extended the Bush tax cuts and cut SS for two years. The question we should be asking, instead of trying to play wack-a-mole is to figure out what the hell we are going to do next.

Amen! Rock on WombRaider!

[JD Barleycorn]

Originally Posted by SeekingTruth

Amen! Rock on WombRaider!

In this case you're both wrong. Obama signed off on both the TARP and the stimulus bills as the nominee and the president elect. That he squandered the money, that is on him. Bush also gave Obama a war that was won in Iraq and Obama blew that as well. Obama owns a large piece of that trillion dollar deficit and when the time came, he signed off on the tax cuts as well.

[WombRaider]

Originally Posted by JD Barleycorn

In this case you're both wrong. Obama signed off on both the TARP and the stimulus bills as the nominee and the president elect. That he squandered the money, that is on him. Bush also gave Obama a war that was won in Iraq and Obama blew that as well. Obama owns a large piece of that trillion dollar deficit and when the time came, he signed off on the tax cuts as well.

Oh JD, you dumbass bastard. BUSH signed TARP into law in 2008. Tarp was not among the two things I mentioned in my post if you go back and read it. I mentioned the stimulus of 2009, which of course was called the American Recovery and Reinvestment Act. TARP was the bank bailout. ARRA was the bailout for the rest of us.

[JD Barleycorn]

You either don't remember (which makes you an idiot) or you don't want to remember (which makes you a moron) or you're just lying (which makes you a lying moronic, idiot) but in 2008 Bush (who was president then) called both McCain and Obama to the White House to ask them both whether or not they would support the measures that he was about to take as one of them would have to follow though. Both agreed and both voted (as a senator) in favor of both bills. After the election (which Obama won) Bush called Obama to the White House for his blessing before Bush signed the bills. Obama gave it.

So Obama was consulted by Bush on the contents of the bills, Obama voted for the bills as senator, and Bush consulted with Obama after he had won the electoin and knew that he was going to be the one to carry out the recovery (which he fucked up). Facts are facts and history is history.

[WombRaider]

Originally Posted by JD Barleycorn

You either don't remember (which makes you an idiot) or you don't want to remember (which makes you a moron) or you're just lying (which makes you a lying moronic, idiot) but in 2008 Bush (who was president then) called both McCain and Obama to the White House to ask them both whether or not they would support the measures that he was about to take as one of them would have to follow though. Both agreed and both voted (as a senator) in favor of both bills. After the election (which Obama won) Bush called Obama to the White House for his blessing before Bush signed the bills. Obama gave it.

So Obama was consulted by Bush on the contents of the bills, Obama voted for the bills as senator, and Bush consulted with Obama after he had won the electoin and knew that he was going to be the one to carry out the recovery (which he fucked up). Facts are facts and history is history.

Bush signed TARP. That is a fact. How did he fuck up the recovery, exactly.

[JD Barleycorn]

Who distributed the money?