Who's To Blame for the Massive Deficit?

CATO ^ | 2009-12-29 | Daniel J. Mitchell

[rabscuttle385]

I fully expect that this thread will be swarming with RINO Party apologists after the Sun comes up.

[Always Right]

What about the so-called stimulus, they will ask, with its $787 billion price tag? Or the omnibus fiscal-year 2009 appropriations bill? And how about Cash for Clunkers and Obama's expansion of the children's health insurance program? Didn't these all boost spending in 2009? The answer is yes. But these boondoggles amounted to just a tiny percentage of FY2009 spending — about $140 billion out of a $3.5 trillion budget — as the pie chart nearby illustrates.

uummm, how does an $787 billion stimulus plus other programs only produce a $140 billion price tag? I think they need to re-examine a few things. And Bush's TARP, unlike the stimulus, was suppose to get paid back to the Treasury, but Obama is busy trying to spend it. So yes Bush was a problem, but this report is bull crap.

[ntmxx]

“…apologists…”

Hardly, look to the Constitution and you will find your answers; Congress and Congress alone is responsible! Now, let’s talk about the fraud and political corruption as having become all too common and pervasive as a norm among pop-culture, socialist and progressive democrats using all means to justify their ends.

[RedEyeJack]

What Happened in 2006 to cause the acceleration on deficit spending?

[MNJohnnie]

While this might make sense to a casual observer, it is largely untrue. The 2009 fiscal year began Oct. 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while President Bush was in the White House.

Technically true but an example of lying by omission.

YES, the budget was set by THE DEMOCRATIC CONTROLLED CONGRESS while Bush was still in office. THEN after Obama took over the Obama regime added 1.4 trillion IN ADDITONAL spending by passing such supplemental spending as the Stimulius bill etc

So the author is sliding right by the edge of the truth to manufacture a lie rather then hold is political god Dear Reader accountable for spending he engineered

[benewton]

More like we were in the toilet, and the RATS hit the flusher...

There will be hell to pay, for sure, and I hope that they pay the price.

But the reality says that the people are, and will, so they could at least SHUT UP!

[Venturer]

I guess it’s all Bush’s fault.

[missnry]

What Happened in 2006 to cause the acceleration on deficit spending?

[MNJohnnie]

No it is swarming with people pointing out how once again, the Obama apologists on this website are once again massaging data to manufacture a lie rather then ever actually have to hold their political godlet, Obama accountable for anything he has done.

This "report" simply ignores all $1.4 trillion in additional spending added by the Democrat Congress and Obama in 2009 by pointing out the irrelevant factoid "that the 2009 budget was set under the Bush regime". It also leaves out the little fact that the Democrats have controlled Congress since 2006 and thus have control the purse strings.

But then pro Obama activists like yourself have never allowed the truth to get in the way of a good Democrat Party directed propaganda attack line.

[MNJohnnie]

There are some subjective aspects to this estimate, to be sure — I didn't count $25 billion in extra defense spending, for example, because Bush would surely have asked for that as well; ditto bailout for car companies — but the net effect of all the judgment calls isn't to Bush's disadvantage.

So you Obama apologists simply ignored any spending Dear Reader engineered to avoid having to actually hold him accountable for his actions so you can pathetically cling to your Bush Derangement Syndrome instead.

[Paige]

CATO, the strickly Libertarian view??? This report is hogwash and NO I'm not a RINO apologist. Breaking down the spending and using the correct numbers are necessary. In addition, Congressional spending records that are factual will help. If not, the reserach can be done in order to obtain the correct data.

Now on another note since you had to add your little smart remarks about others who would disagree with this pile of rubbish. Let's see what pork did your district get and what did you do to stop the Pork from coming to your district? Another Ron Paul supporter?

To be honest, I'm tired of hypocrites and finger pointing. Use that energy to get Conservatives elected with a mandate to repeal this stuff, cut government and begin shrinking the debt. Pour money into the private sector to create jobs in order for revenue to be created and stop breaking the backs of the working Americans citizen. Oh yeah, and the major reason for the debt, build a wall along the Mexican border, round up the illegals and kick them out for good.

[ez]

Check the chart again with the overview that the Dems took back Congress in 2006.

[ez]

What Happened in 2006 to cause the acceleration on deficit spending?

Dems took hold of Congress.

[listenhillary]

The house of representatives = source of all spending bills. Yes?

[MNJohnnie]

You CINOS are awfully quite on this thread.

So you agree with this author that his simply ignoring the $1.4 trillion in additional spending engineered by the O regime in 2009 is a legitimate rational argument and not an example of rabid Bush Derangement Syndrome? Perhaps now you understand why no one here takes you CINOs seriously.

Just like the Leftists, you people habitual manufacture data to create fraudulent propaganda lines rather then ever have the simply decency to actually argue the facts in an intellectually honest, rational fashion.

[ez]

You are right. You will see an increase in spending after 9/11. This is probably War On Terror appropriations and stimulus money to save the airlines, but then you will see that they start to bring spending back in line until the DEMS are elected on ‘06.

[Carley]

CATO is a wholly owned subsidiary of the demonrat party.

Hard to believe they can get beyond their bias to make any cogent arguments.

[Wildbill22]

So it is all Bush’s fault, huh?

Was it Clinton’s fault prior to the 2000 election the US economy was in decline. So which is it?

I think it won’t matter for two reasons;

1). Congress plays a huge part in deficit spending.
2). The economy won’t be recovering anytime soon, and like Carter, the US voter will ultimately put two and two together.

As the saying goes, “...you can’t fool all of the people all of the time”.
The Obama supporters are just kidding themselves.
Let them kid themselves. The cold slap of reality is coming to them soon.

[M. Dodge Thomas]

Experience has taught me that he only thing worse for the nation’s fiscal health than “Tax and Spend Democrats” are “Spend but Don’t Tax Republicans”.