How Barack Obama is destroying the American economy in two nauseating charts

Written By : Doug Ross

You don’t need to be a math major to understand President Obama has steered a fiscal course that will lead to more spending and deeper deficits and ultimately to vastly higher taxes…

…If you want to know the real cause of our deficits today, the answer lies primarily with Obama. If you want to know the real cause of our deficits in the near future, the answer lies in entitlement spending, which Obamacare increases.

That John Boehner, who was put into power by the same Tea Party conservatives he condemns, could ignore the so-called “emergency Stimulus” package — and leave it in all subsequent baseline budgets — is a freaking moral outrage!

Fight! Why won’t they fight? Because: (a) they’re cowards; or (b) they like big government. Either answer is un-freaking-acceptable. Has Barack Obama given an inch in his battle to Cloward-Piven-ize America? No! Did Stretch Pelosi? No! Did Harry “Chuck Schumer writes my speeches” Reid? Hell, no!

Boehner had two nuclear weapons at his disposal. And he chose to use neither. He had the debt ceiling and a threat of a downgrade by the rating agencies.

Cut, Cap & Balance addressed both issues.

If Republicans had united behind CCB, they could have forced a vote in the Senate — by putting massive pressure on the 20 Democrats who had earlier pledged to support a Balanced Budget Amendment — and send it to the President’s desk.

Boehner could then tell the American people: there’s only one plan that addresses the deficit and prevents a downgrade.

And let Obama deal with the fallout of a veto — if he has the guts.

Instead, we submit a plan that still results in downgrade and default.

Idiocy. Sheer, unmitigated idiocy.

We need to elect a boatload more conservatives in 2012, politically eradicate the RINOs, and jam true conservatives into leadership positions.

Because all of these pantywaists — put together — don’t have the cojones of Michele Bachmann.

They’re wimps who are selling out the American people — just a tad bit slower than the Marxist, Democrat Left. We’re headed for fiscal apocalypse and these feckless RINOs won’t even put up a fight.

Related: The question for the House Republican leadership: will you do what is politically expedient — or will you do what is right?

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Cheese Whiz

Of course, there is no Obama budget, according to people like William Teach elsewhere on this site.

gfchicago

William is right. Obama has laid out nothing on paper to be scored by the CBO.

That jackass just want’s us to blindly follow him and say Yes Mr. President Snippy Pants.
gfchicago

William is right. Obama has laid out nothing on paper to be scored by the CBO.

That jackass just want’s us to blindly follow him and say Yes Mr. President Snippy Pants.
Anonymous

Great defense there: it wasn’t his fault just because he’s in charge! You see he never had a plan in the first place.

Cheese Whiz

The fact is the deficit was inherited, two unpaid wars were put on the books by Obama where they were kept off the books by Bush, and the dire economy left by Bush is the biggest reason deficits have grown.

The stimulus kept the country from sinking into a depression up to this point, but now it’s likely to sink into a worse economy thanks to the republican goal of making Obama a one-term president, economy be damned.

Simply put, republicans want to bring our economy down in an effort to win the 2012 presidential election by demanding something never demanded before — reducing government expenditures in exchange for raising the debt ceiling. The same debt ceiling was raised 7 times under the previous administration without a peep from the teatard types. The same republicans demanded a decrease voted for every increase before a black man became president.

gfchicago

You are totally certifiably insane.

The fact is the deficit was inherited, two unpaid wars were put on the books by Obama where they were kept off the books by Bush, and the dire economy left by Bush is the biggest reason deficits have grown.

No all of this started when the Democraps took over congress in Jan of ’07. Things started to go down hill rather quickly, due Chris Dodd, Barney Franks, and Maxine Waters et al, to rein in Freddie & Fannie hence the Real estate bubble burst which sent the economy into a sprial. I will say that the Republicans did spend too much, but nothing on the level of the Democraps. As soon as they took over they raised the minimum wage, which destroyed jobs. Many business’s couldn’t afford to keep people on once Nancy Piglosi got her way on this.

The stimulus kept the country from sinking into a depression up to this point

Bullshit. Only 6% of that went to “shovel ready jobs” the rest went to pay off the union thugs and to keep state governments afloat for a year. Hows that working out? HMMMMMM. States are having to lay off teachers, and other state employees, because they don’t have the money. The only states that are not laying off teachers and such are states like Wisconsin & New Jersey.

Unemployment keeps going up and up and up and up and up.

The same debt ceiling was raised 7 times under the previous administration without a peep from the teatard types. The same republicans demanded a decrease voted for every increase before a black man became president.

And your hero President Snippy Pants voted against it in 2006 calling it a lack of leadership by the President.

It has absolutely not due to a black man taking office. The majority of us could give a rats ass whether or not the man is orange with purple poka dots. It is you that is the racist, you bring it up constantly, just because you jackasses are being thwarted at the moment.

We simply don’t like his tax and spend policies and the fact that he wants to be King Snippy Pants.

How would you know whether or not Tea Party types didn’t rail against the debt ceiling being raised during President Bushes tenure? That’s right you don’t know.

You don’t understand that there should be conditions to upping the debt limit. President Snippy Pants just wants a free pass so that we don’t have to have this debate again March, while he’s campaigning for reelection. Not that he’s ever stopped campaigning. He’s never lead he doesn’t know how too.

So STFU Cheese Dick and I call you that because you used the term Teatards and played the race card all in one post. So before you wine about name calling, those who live in glass houses shouldn’t throw stones.

Anonymous

We need to freeze spending at exactly where it is right now (maybe as a percentage of the GDP).

Then add 1% budget cuts across the board for all programs every year until the crises is resolved. That will give managers a chance to fire incompetent workers, get rid of unnecessary programs and otherwise get the same job done for less.

Some things can be cut even faster (foreign aid, any money going towards defense of a nation that doesn’t start with “United” and end with “of America”. Those can start with 100% cuts then see about getting refund checks)

Total spending would remain the same (25% of the GDP) with the amount cut from everywhere else going directly to the debt until it is gone. Then we can reduce it to a more manageable 15-20% and fix it there (temporary increases are tolerable during wars with 2/3s majority in both houses and paid down as soon as the crises is over).

Who Is Brett Kimberlin?

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