Originally posted by C_Cat:
As president he’s acted as the moderate which is where the majority of American’s fall. Once again he’s done his job representing his constituency.
Tell me you are kidding when you say the above - He is trying to bankrupt this country. The POTUS does not go to other countries and apologize for America. He is a POS that should have not been elected. No experience and it shows -- he has got this country in a mess and I can't wait to get him and his cronies out of office.
The American people are going to take this country back from all the liberals who are in the White House.
How is he trying to bankrupt this country? Continuing Bush tax cuts (which are now his). Not ending the wars in Iraq and Afghanistan (also Bush's, but now Obama's). And what about the Medicare Bill signed in by Bush which added $259 Billion in 2 years.
National Debt Increased 25% Under Obama:
Jan 31st 2009 = $10.569-Trillion
Jan 31st 2011 = $14.131-Trillion
But of the $3.56-trillion increase, 98% was CARRY OVER from Bush programs:
Bush: $1,012-billion = Interest on Debt 2009-2011 ($398/yr)
Bush: $174-billion = Iraq War Spending 2009-2011
Bush: $967-billion = Bush Recession Caused Drop in taxes
Bush: $136-billion = Bush Medicare Part-D (Drug) 2009-2011 ($60.8/yr)
Bush: $123-billion = Bush Meicare Advantage 2009-2011 ($54.9/yr)
Bush: $832-billion = Bush Tax Cuts 2009-2011
Total: $3.244-Trillion (2009-2011)
Bush's contributions:
2001 to 2008: $4.769-trillion
2009 to 2011: $3.244-trillion
Total: $8.013-trillion
Increase Since 2001 = $14.131 - $5.871 = $8.26-Trillion
Bush's contribution: $8.013-trillion / $8.26-Trillion
Obama only contribution: $580-billion = Stimulus Spending (as of Dec 2010).
Increase caused By Bush's Programs: 97%
Increase caused by Obama's Programs: 3%
Hopefully this will stop the nonsense that Obama wants to bankrupt this country. Or that he is far left liberal. As I have said all along. The two are similar in a lot of ways. You want to blame a side? Blame both parties.
http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
http://www.treasury.gov/initiatives/financial-stability/briefing-room/reports/105/Documents105/February%202011%20105(a)%20Report_Final.pdf
http://www.cbpp.org/cms/?fa=view&id=1018
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
http://www.treasurydirect.gov/govt/reports/pd/mspd/mspd.htm
http://www.cms.gov/ReportsTrustFunds/downloads/tr2009.pdf
https://www.cms.gov/ReportsTrustFunds/downloads/tr2010.pdf
http://projects.propublica.org/tables/stimulus-spending-progress
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=200
http://www.forbes.com/2009/11/19/republican-budget-hypocrisy-health-care-opinions-columnists-bruce-bartlett.html
http://www.nytimes.com/2009/06/10/business/economy/10leonhardt.html?_r=4&hp
http://www.cbpp.org/cms/index.cfm?fa=view&id=3036