Skip to comments.Fantastic: Obama’s final budget explodes deficit to $590 billion
Posted on 08/29/2016 5:56:18 PM PDT by Sean_Anthony
That's a 35 percent increase, and it brings debt held by the public to the highest share of GDP since 1952
If I told you the deficit was soaring, economic growth was terrible and ObamaCare was collapsing, youd assume that Obamas approval ratings would be in the tank and the Democrats would have no hope of electing someone who basically promises to continue his policies.
Well, Im telling you. All this is happening. But these are not the major issues in the presidential campaign because one candidate is hopelessly corrupt and dishonest and the other one just really bothers people with his personal style. And while the media are fixated on these things, youre not hearing about the complete fiscal disaster Obama is getting ready to leave the country:
More deliberate damage to America.
Nothing to worry about Paul Rino is on the job!
I’m not worried. The TV says everything is A-OK!
Obama cut the budget and he is Christian!!
So im assuming we all get free cell phones this time.
Congress approves all of this.
And the Republicans in Congress are anxious to pass it all and maybe add some sweeteners to it, maybe 10-20-100 billion dollars more.
If I’m not mistaken all the QE - Quantitative Easing has never been included in the budget tallies and no one knows exactly how much was printed - spent - so all kinda a freakin hopeless mountain of cards.
I’m ashamed to say the man who
said, “Deficits don’t matter,”
was Dick Cheney.
What happen to the $6.7 Billion that the State Dept. cannot account for? Did that wind up in the Clinton Foundation & Money Laundering enterprise? Last year, the Dept. of Agriculture as well as the IRS itself were missing billions. The best way to top this shameful waste and corruption would be to close every agency that was not in operation in 1960. The government worked much better back then. The bigger the government has grown, the worse it performs and the more money they demand and then mismanage or steal.
The Feds quantitative easing policies have already pumped $2.8 trillion into the economy,
but a new Reuters poll finds that 73% of Americans do not even know what quantitative easing means. Quantitative easing is when the Federal Reserve buys securities to drive down interest rates and prop up the economy.
Actually it is $8.5 TRILLION that is missing.
all of Obama’s budgets were DOA even when the RATS had a majority in congress.
This will be DOA.
Just a few extra Bucks to give away when he ratifies the Paris Global Warming Bull
I know I heard it discussed on the radio the other day that the money spent on QE is not included in the debt even if there is an amount known. The discussion was in part due to QE ending and the soon disaster that is about to hit the US economy timed likely for the next President if it is Trump.
Reason Obama has good approval numbers is that congressional Republicans have basically gone silent. They used to be on TV 24/7 hammering his policies, sending out mail pieces. This election, nothing. Their silence is done to hurt Trump.
Log-rolling off a cliff!.....
Where is Ryano?
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