The Mudcat Café TM
Thread #115883   Message #2830674
Posted By: Sawzaw
05-Feb-10 - 11:14 AM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
"more than half of the deficit was caused by the ongoing economic crisis"

Translation: The deficit has gone from $10,627,961,295,930.60 to $12,354,041,054,846.90 since Obama took office.

Up $1,726,079,758,916.30 and now he wants it to run it up another $1.6 trillion. see

To be honest, it went up by $1,417,373,851,868.13 in 2008 but a lot of that was TARP which was loans that were to be returned to the treasury when paid back.

Now where are the paybacks going? They are not going back to the treasury.

The TARP repayments are being spent on other pet projects by the Obama administration so that all of that can be blamed on the wicked bad BBBBBBUUUUUSSSSSHHHHH administration.

Obama took office but he did not take the responsibility of the office. He just whines like a little boy and blames someone else when his programs don't work.

Community organizing is not working for him.

He should go to these people he condemns for making too much money and ask them how to get the unemployment rate down instead of trying to work against them. Is he down on Soros or other fat cat elitists for making too much money?