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KaskadskyjKozak

Obama is #1!

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“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.”

--Milton Friedman

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"How can we ever cut government down to size? I believe there is only one way: the way parents control spendthrift children, cutting their allowance. For the government, that means cutting taxes. Resulting deficits will be an effective – I would go as far as to say, the only effective – restraint on the spending propensities of the executive branch and the legislature.”

 

Milton Friedman

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CBO sees record $1.2 trillion '09 deficit

CBO: Economy will shrink by 2.2 percent, unemployment may hit 9 percent

The Associated Press

updated 4:16 p.m. PT, Wed., Jan. 7, 2009

 

WASHINGTON - The federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year and the U.S. economy will likely contract by more than 2 percent, according to a new Congressional Budget Office report.

 

The eye-popping estimates reflect plummeting tax revenues because of the recession and about $400 billion spent to bail out the financial industry and take over mortgage finance companies Fannie Mae and Freddie Mac. Last year's deficit was $455 billion.

 

The CBO estimate released Wednesday also sees the U.S. economy shrinking by 2.2 percent this year and recovering only slightly to grow by 1.5 percent in 2010. It foresees the unemployment rate eclipsing 9 percent early next year unless the Obama administration steps in.

 

"The recession — which began about a year ago — will last well into 2009," the CBO report says. The agency said that "ongoing turmoil in the housing and financial markets has taken a major toll on the federal budget."

 

The dismal figures come a day after President-elect Barack Obama warned of "trillion-dollar deficits for years to come."

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this graphic at that link would hardly paint the obama-lama as the prime scapegoat for the mess, no?

chart_deficit.03.gif

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this graphic at that link would hardly paint the obama-lama as the prime scapegoat for the mess, no?

 

Hee-hee. You weren't like expecting an answer, were you?

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Which part about two wars, tax cuts, the economic collapse, and a budget deficit predicted before Obama took office did you not understand? Or are you just playing devil's retard?

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He even thanked praised George Bush today. I heard President Obamas speech on the radio thanking Bush, in person it sounded like, for his service to the country. No kidding at all.

 

You know, thats the least he could do since Geo Bush and crew got us started way down this road to indebtedness hell.

 

I know, lets give everyone who buys a huge gas guzzler the size of a school bus a $8000 tax break! Wait - already been done by shit for brains. Thank the lord we don't have that kind of crap happening now.

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Which part about two wars, tax cuts, the economic collapse, and a budget deficit predicted before Obama took office did you not understand? Or are you just playing devil's retard?

fucking-A! kk, watcha thinking? :lmao:

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Which part about two wars, tax cuts, the economic collapse, and a budget deficit predicted before Obama took office did you not understand? Or are you just playing devil's retard?

fucking-A! kk, watcha thinking? :lmao:

 

No, the question is what are you dumb fucks thinking.

 

This is Barry's budget and reckless spending, not Bush's. Barry is the one choosing to send this country straight to the shitter with record breaking fiscal irresponsibility. Your attempts to blame Bush for this show the depths of your mental illness.

 

 

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Which part about two wars,

 

You mean the two wars that Barry and the Democunts told us we'd no longer be involved in as empty campaign promises, and for which they continue to willingly spend billions? Those two wars? These deficits are all on B-HO and the D's. Take responsiblity motherfuckers.

 

 

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This is all Bush's legacy. Dont be an idiot and think otherwise. All spending by the current admin has been in an effort to clean up that asshole's messes.

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No, the question is what are you dumb fucks thinking.

 

This is Barry's budget and reckless spending, not Bush's. Barry is the one choosing to send this country straight to the shitter with record breaking fiscal irresponsibility. Your attempts to blame Bush for this show the depths of your mental illness.

 

These posts would be more convincing in capital letters. Fix them, then we'll talk.

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...and can you decide whether you're going to go with "Barry" or "B-ho" and just stick with it? It's been over almost a year already. It's confusing.

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Which part about two wars,

 

You mean the two wars that Barry and the Democunts told us we'd no longer be involved in as empty campaign promises, and for which they continue to willingly spend billions? Those two wars? These deficits are all on B-HO and the D's. Take responsiblity motherfuckers.

 

for a man who so stringently hates commies, you have an amazing ability to be brainwashed into repeating idiotic political saws

 

all the deficits from 2000-9 are the dems? uh, what? :crazy: it was a rep president AND congress for 6 of those years and its been less than 1 year for a dem president.

 

campaign promises? 8-ball swore to end hte war in iraq but not precipitously and has to whit set a deadline for next year for removing all combat, and shortly therafter all-period, forces. it's still after that gonna be hard to turn off the tap of aid-money that bush so wisely set up. on afghanistan he was very hawkish, saying that's where the real fight was all the time. anyone who voted for the obama-lama and is suprised he's putting more chips into that shithole is a fool - he never was the perfect candidate, and this issue shows it clearly - he still was better than grandpa and the chick w/ the angry snatch.

 

hey, have some faith! i'm sure this tiger-woods feller will get things reasonably patched up in time for another republican to thoroughly fuck it all up again. :)

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This is all Bush's legacy. Dont be an idiot and think otherwise. All spending by the current admin has been in an effort to clean up that asshole's messes.
article-1162866-03F7B507000005DC-347_468x212.jpgncb_e_obama-bracket01_300.jpgNo-Pledge-Obama.jpg712b_1_b1.JPGicon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gificon_ThingyAmimation.gif

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Which part about two wars, tax cuts, the economic collapse, and a budget deficit predicted before Obama took office did you not understand? Or are you just playing devil's retard?

fucking-A! kk, watcha thinking? :lmao:

 

No, the question is what are you dumb fucks thinking.

 

This is Barry's budget and reckless spending, not Bush's. Barry is the one choosing to send this country straight to the shitter with record breaking fiscal irresponsibility. Your attempts to blame Bush for this show the depths of your mental illness.

 

Can you even read? Do you read anything besides headlines? From your brought up source:

"Tax receipts for the year fell 16.6% overall, while spending soared 18.2% compared to fiscal year 2008. The causes: rising unemployment, the economic slowdown and the extraordinary measures taken by lawmakers to stem the economic meltdown that hit in fall 2008."

Maybe not mental illness, but a complete lack of ability to comprehend- but what would you expect from republifuck?

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Be careful guys.

You are going to hurt kkk's feeling and he'll put you on ignore.

He did it to me and didn't even give me a carebear.

Now that is a double standard. He is "cruisin for a carebear" but won't pass any out.

Typical doublespeak from a right wing fanatic.

You just can't trust republicans.

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Which part about two wars,

 

You mean the two wars that Barry and the Democunts told us we'd no longer be involved in as empty campaign promises, and for which they continue to willingly spend billions? Those two wars? These deficits are all on B-HO and the D's. Take responsiblity motherfuckers.

 

for a man who so stringently hates commies, you have an amazing ability to be brainwashed into repeating idiotic political saws

 

all the deficits from 2000-9 are the dems? uh, what? :crazy: it was a rep president AND congress for 6 of those years and its been less than 1 year for a dem president.

 

campaign promises? 8-ball swore to end hte war in iraq but not precipitously and has to whit set a deadline for next year for removing all combat, and shortly therafter all-period, forces. it's still after that gonna be hard to turn off the tap of aid-money that bush so wisely set up. on afghanistan he was very hawkish, saying that's where the real fight was all the time. anyone who voted for the obama-lama and is suprised he's putting more chips into that shithole is a fool - he never was the perfect candidate, and this issue shows it clearly - he still was better than grandpa and the chick w/ the angry snatch.

 

hey, have some faith! i'm sure this tiger-woods feller will get things reasonably patched up in time for another republican to thoroughly fuck it all up again. :)

 

the left wing self delusional circle jerk continues

 

at least it's entertaining to watch you fucks go through contortions while your Lord and Savior proves himself a charlatan

 

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the left wing self delusional circle jerk continues

 

at least it's entertaining to watch you fucks go through contortions while your Lord and Savior proves himself a charlatan

good on topic response there, o-enligthtened one

 

would all the libtards 'round these parts who want to suck the First Cock raise their (limped wristed) hands? :)

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