Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Gaffer
Valid point. So let's adjust, because the poster's original point is still valid.

09/30/2000 5,674,178,209,886.86
09/30/2008 10,024,724,896,912.49

That's a $4.350 Trillion increase over 8 years under Bush.
Compared to $15,950 trillion debt now. An increase under Obama of $5.926 Trillion in just under 4 years.

However, Obama inherited Bush's Drug Plan which wasn't really reflected in Bush's numbers. Obama also inherited a Financial crisis which dropped Gov't Revenues while driving outlays up. He inherited Tarp but that was paid back. Obama did not inherit the Stimulus program, that was all Obama.

And Obama's numbers for 4 years don't reflect most of the costs for Obamacare which won't really start hitting until next year.

42 posted on 08/30/2012 12:05:36 PM PDT by DannyTN
[ Post Reply | Private Reply | To 2 | View Replies ]


To: DannyTN

Okay, I’ll take your math....All I am ticked over is that this budget stuff is very politically subjective in nature and highlighting established budget numbers (for which there has not been an APPROVED budget since BHO was elected)and even before when Democrats gained control mid second term during Bush.

I have PLENTY to fault W for - none of that includes the WOT....he did PLENTY wrong, the GOPe did PLENTY wrong. But Obama did EVEN WORSE.

Obama doesn’t care about money; that money is somebody else’s; and they aren’t HIS constituents.


53 posted on 08/30/2012 12:10:56 PM PDT by Gaffer
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson