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Federal deficit is $262 billion less than predicted (Obama Will Claim Credit...LOL...)
Star-Telegram.com ^ | 08/19/09

Posted on 08/20/2009 1:13:27 AM PDT by SoFloFreeper

WASHINGTON — The White House plans to announce that the federal deficit is about $262 billion less than officials predicted earlier this year — partly because the administration has provided less aid than expected to Wall Street.

(Excerpt) Read more at star-telegram.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: deficit; liar; monopolymoney; obama; spending
I guess we need to repeal TARP then. I wait for BO's proposal to hit Capitol Hill.

Watch Obama claim credit for this "good" news. What a pretender.

1 posted on 08/20/2009 1:13:28 AM PDT by SoFloFreeper
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To: SoFloFreeper

Did anyone Here get Their personal Bailout check from the Big O yet?


2 posted on 08/20/2009 1:17:36 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: SoFloFreeper

Call beyjing right away and notify them of our excess People’s currency so they can reallocate it to those in the motherland that are more pure communists.

We shame the politburo with our stubborn clinging to our own selfish need of scarce supplies.

Crap, I can’t even spell beyging. jing. baigheng. Oh you worthless capitalist pig !

Pig. Hmmm.. bacon would be good right now. Mmmm. Let me go ketch onna them pigs... heeerr piggy piggy.....


3 posted on 08/20/2009 1:21:22 AM PDT by PieterCasparzen (Huguenot)
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To: SoFloFreeper
US Federal obligations (GAAP) exceeds the entire world's GDP. It did last year before the spending frenzy kicked in. Wonder what kind of numbers they are manipulating to come up with this bs.
4 posted on 08/20/2009 1:30:43 AM PDT by allmost
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To: SoFloFreeper

5 posted on 08/20/2009 2:30:32 AM PDT by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: SoFloFreeper

FY09 isn’t over yet...


6 posted on 08/20/2009 3:29:57 AM PDT by mikey_hates_everything
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To: SoFloFreeper

Another way of looking at it is that, with the 262 billion in “savings” our deficit was only 3 times as large as the deficit last year.


7 posted on 08/20/2009 3:31:00 AM PDT by johncocktoasten (Practicing asymetrical thread warfare against anti-Palin Trolls)
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To: SoFloFreeper

Obama, you’re such a freaking genius. NOW, return the unused bailout money to US.


8 posted on 08/20/2009 4:01:34 AM PDT by Reagan69 (The only thing SHOVEL-READY since BO's stimulus has been MICHAEL JACKSON (tammy bruce))
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To: SoFloFreeper
Oh yeah, and unemployment dropped also.

Anyone want to buy a bridge from these '0bozo's'?

9 posted on 08/20/2009 4:30:54 AM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: SoFloFreeper

Like my Mom used to say, “figures don’t lie, but liars do figure.” When there is a single source for any information you have to take that information with a grain of salt. They can release any set of numbers they want. Or, they can make any claim they want about any set of figures they release. Remember how Clinton cooked the books for the last few months of his administration and left to Bush an economy in much worse shape than the numbers released by Slick Willy would indicate.


10 posted on 08/20/2009 5:21:11 AM PDT by jwparkerjr (God Bless America, and wake us up while you're about it!)
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To: SoFloFreeper
This is like that ooooold doctor joke.
The operation was a success but the patient died.
The deficit as a percentage, will be an all time high (non war)
11 posted on 08/20/2009 5:38:51 AM PDT by Condor51 (The difference between stupidity and genius is that genius has its limits)
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To: SoFloFreeper

More White House fudging and manipulation of numbers Ping.


12 posted on 08/20/2009 7:12:50 AM PDT by cranked
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