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Keyword: obamaspending

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  • President Obama: The Biggest Government Spender In World History

    06/16/2012 7:03:40 AM PDT · by Innovative · 19 replies
    Forbes ^ | June 14, 2012 | Peter Ferrera
    The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today. President Obama's own 2013 budget shows that as a result federal debt held by the public will double during Obama's four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined. But this 2012 election is defined for the voters by the...
  • Obama to outspend 8 years of Bush… by March

    08/25/2011 12:46:14 PM PDT · by opentalk · 8 replies
    The Blaze /NRO ^ | August 25, 2011 | Meredith Jessup
    Sobering news from NRO’s Jim Geraghty: In 946 days, Obama has increased the national debt by $4,022,412,621,434.77 or $4.02 trillion. That amounts to $4,252,021,798.56 per day ($4.25 billion). When the debt increases another $877,587,378,565.23 ($877.58 billion), the debt accumulated under Obama’s presidency will equal the debt accumulated under Bush’s two terms. Obviously, this can change, but barring some sudden shift in the federal government’s borrowing and spending habits, this milestone will be reached in 206 days from August 23, 2011. That would be March 15, 2012. But yeah, clearly Bush was the problem. If spending continues at the normal pace...
  • Obama: Public is 'sold' on tax increases in a debt-ceiling deal (Keep telling yourself that Barry)

    07/15/2011 10:29:24 AM PDT · by markomalley · 47 replies
    The Hill ^ | 7/15/11 | Sam Youngman and Alicia M. Cohn
    President Obama on Friday kept up the pressure on Republicans to agree to revenue increases in a deal to raise the debt ceiling, claiming 80 percent of the public supports Democrats' demand for tax increases. "The American people are sold," Obama said. "The problem is members of Congress are dug in ideologically." Throughout the press conference, Obama blasted Republicans for ignoring what he said is the will of the American people by rejecting tax increases that would balance out spending cuts in a debt package. "This is not an issue of salesmanship to the American people," Obama said. "I hope...
  • Obama Has a Listening Problem

    11/10/2010 10:30:00 PM PST · by SmartInsight · 17 replies
    Wall Street Journal ^ | Nov. 11, 2010 | KARL ROVE
    The idea that government can spend our way to prosperity doesn't make sense to voters. The rock star Sara Bareilles sang at President Barack Obama's Las Vegas rally for Sen. Harry Reid in October. Her biggest hit, "King of Anything," includes the lyrics, "You've got the talking down/Just not the listening." That pretty well sums up Mr. Obama's reaction to last week's midterm. The president rejects the idea that voters don't like his policies on jobs and the economy.
  • White House predicts record $1.47 trillion deficit

    07/23/2010 12:10:35 PM PDT · by Free ThinkerNY · 92 replies · 1+ views
    Associated Press ^ | July 23, 2010 | ANDREW TAYLOR
    WASHINGTON (AP) -- The White House says the government is now borrowing 41 cents of every dollar it spends. New estimates predict the unemployment rate will average 9 percent next year and the budget deficit will be $1.42 trillion - even bigger than previously expected.
  • Video-Obama At White House, Gonna Slash Spending By Purchasing Office Supplies In Bulk, No Kidding

    04/20/2009 12:01:37 PM PDT · by Talkradio03 · 21 replies · 846+ views
    hotairpundit ^ | 4/20/09 | Talkradio03
    Obama's comedy show circus at the White House invites reporters in to talk about slashing spending. But it's not what he says, it's how he says it...