The austerity imposed by sequestration was also really stupid. Almost like I’m not defending Obama and his pro-banker economic team. How novel!
Ah yes the "austerity."
Federal Spending in 2007 - $2.729 trillion
Federal Spending in 2008 - $2.902 trillion
Federal Spending in 2009 - Obama's first year in office - $3.518 trillion
Federal Spending in 2010 - $3.456 trillion
Federal Spending in 2011 - $3.603 trillion
Federal Spending in 2011 -$3.537 trillion
Federal Spending in 2013 - the first year of the "austerity" - $3.45 trillion
Federal Spending in 2014 - $3.506 trillion.
Feel the austerity!!!! Obama spent as much in 2013 or more in 2014 after sequestration and the supposed "austerity." Also note that Obama budgets all contain a nearly a $700 - $800 billion increase from Bush's reckless spending. The 2009 Budget contains what were supposedly "one time" costs from TARP and Obama's Stimulus fraud but as you can see, the budget barely dipped in 2010 and these "one time" expenditures were now baked into the budgetary pie. But Obama's recovery sucked, we're told because we just didn't "invest" enough.
Why do you lie? Obama was inaugurated almost 4 months into 09 and it was Bush's budget with a huge increase from TARP, a bill pushed by Bush.
Yes, and who can forget how Obama voted against TARP. Just because you're stupid Hondo doesn't mean what I said is a lie. Yes, it was Bush's budget but Obama also added to that spending with the Stimulus fraud part of which was also paid for out of the 2009 budget.
Both TARP and the stimulus fraud were said to be "one time" expenditures. So why is it that 2010 budget contains almost all of that very same increase in spending? TARP was a $700 Billion budget item for 2009. Why didn't the spending drop by that amount in 2010 Hondo?
Btw, I never said 2009 was Obama budget, I said it was his first year in office. Once again, statements of fact that make Hondo's Kunt hurt he likes to call "lies."
Yes, and who can forget how Obama voted against TARP. Just because you're stupid Hondo doesn't mean what I said is a lie. Yes, it was Bush's budget but Obama also added to that spending with the Stimulus fraud part of which was also paid for out of the 2009 budget.
Both TARP and the stimulus fraud were said to be "one time" expenditures. So why is it that 2010 budget contains almost all of that very same increase in spending? TARP was a $700 Billion budget item for 2009. Why didn't the spending drop by that amount in 2010 Hondo?
Btw, I never said 2009 was Obama budget, I said it was his first year in office. Once again, statements of fact that make Hondo's Kunt hurt he likes to call "lies."
Yes that's a lie.
Answer me this. How much of the stimulus bill was spent on the 09 budget year? Remember all the bagging on "shovel read projects"?
Please continue putting the words “future of the Democratic Party” and “Alexandria Ocasio-Cortez” in the same sentence.
if everything was the same but she looked like Hillary you wouldn't be posting about her at all
Do you wanna take the gloves off, Derek?
You can go back two years and you’ll find post after post of me gushing over Bernie Sanders. They have my support because they hold many of the same positions and, I will admit, there is something about both of them that I find inspiring. Something that gives me hope. It has nothing to do with who I want to stick my dick in.
That was, honestly, one of the nastiest things anyone has ever said to me. I can’t tell if you meant it in a general sense, like no one would be talking about her if she wasn’t attractive, but I took it as pointed and personal. So, I have, in recent months, grown increasingly frustrated with where we are politically as a country. That frustration has sometimes boiled over and resulted in me saying some pretty mean things on this board. If that’s what led to your comment then I apologize. I still have internet love for all of my fellow half brains. Even if I want you to hurry up and die so we can turn the country into Venezuela.
I appreciate your sensitivity and sincerity. Seriously
Not sure this is the place. Believe it or not I have doubts about my behavior here because of the half brain brotherhood
What's a lie Hondo? Did Obama vote against TARP Hondo? I don't how much of it was spent in 2009. I never claimed that all of it was spent in 2009 but I do know that the cost of it was covered in part by the 2009 budget that you claim Obama was in no way responsible for despite the fact that both he and his party vote in favor of it.
Now why didn't the budget drop by $700 Billion in 2010?
What's a lie Hondo? Did Obama vote against TARP Hondo? I don't how much of it was spent in 2009. I never claimed that all of it was spent in 2009 but I do know that the cost of it was covered in part by the 2009 budget that you claim Obama was in no way responsible for despite the fact that both he and his party vote in favor of it.
Now why didn't the budget drop by $700 Billion in 2010?
Why don't you look up how much of the stimulus was expended in 2009. You look silly.
Why don't you just tell me? I was talking specifically about how much of it was budgeted to 2009 not spent dumbfuck. Shocking how you once again dodge every question put to you like the Kunt you are Hondo.
Please continue putting the words “future of the Democratic Party” and “Alexandria Ocasio-Cortez” in the same sentence.
if everything was the same but she looked like Hillary you wouldn't be posting about her at all
Do you wanna take the gloves off, Derek?
You can go back two years and you’ll find post after post of me gushing over Bernie Sanders. They have my support because they hold many of the same positions and, I will admit, there is something about both of them that I find inspiring. Something that gives me hope. It has nothing to do with who I want to stick my dick in.
That was, honestly, one of the nastiest things anyone has ever said to me. I can’t tell if you meant it in a general sense, like no one would be talking about her if she wasn’t attractive, but I took it as pointed and personal. So, I have, in recent months, grown increasingly frustrated with where we are politically as a country. That frustration has sometimes boiled over and resulted in me saying some pretty mean things on this board. If that’s what led to your comment then I apologize. I still have internet love for all of my fellow half brains. Even if I want you to hurry up and die so we can turn the country into Venezuela.
I appreciate your sensitivity and sincerity. Seriously
Not sure this is the place. Believe it or not I have doubts about my behavior here because of the half brain brotherhood
But what the fuck I can't quit this place
Well I’m glad you still post here. And just think, in a year and half we can team up again to defeat Biden or whatever hack the idiot democrats run out there.
Federal Spending in 2009 - Obama's first year in office - $3.518 trillion
Federal Spending in 2010 - $3.456 trillion
Federal Spending in 2011 - $3.603 trillion
Federal Spending in 2011 -$3.537 trillion
Federal Spending in 2013 - the first year of the "austerity" - $3.45 trillion
Federal Spending in 2014 - $3.506 trillion.
Feel the austerity!!!! Obama spent as much in 2013 or more in 2014 after sequestration and the supposed "austerity." Also note that Obama budgets all contain a nearly a $700 - $800 billion increase from Bush's reckless spending. The 2009 Budget contains what were supposedly "one time" costs from TARP and Obama's Stimulus fraud but as you can see, the budget barely dipped in 2010 and these "one time" expenditures were now baked into the budgetary pie. But Obama's recovery sucked, we're told because we just didn't "invest" enough.
Federal Spending in 2009 - Obama's first year in office - $3.518 trillion
Federal Spending in 2010 - $3.456 trillion
Federal Spending in 2011 - $3.603 trillion
Federal Spending in 2011 -$3.537 trillion
Federal Spending in 2013 - the first year of the "austerity" - $3.45 trillion
Federal Spending in 2014 - $3.506 trillion.
Feel the austerity!!!! Obama spent as much in 2013 or more in 2014 after sequestration and the supposed "austerity." Also note that Obama budgets all contain a nearly a $700 - $800 billion increase from Bush's reckless spending. The 2009 Budget contains what were supposedly "one time" costs from TARP and Obama's Stimulus fraud but as you can see, the budget barely dipped in 2010 and these "one time" expenditures were now baked into the budgetary pie. But Obama's recovery sucked, we're told because we just didn't "invest" enough.
Hey look you’re being intelectually dishonest again by posting the raw expenditure totals.
In 2009 Fed spending as a % of GDP was about 25% and declined to 20% by 2013 and stayed flat until the end of Obama’s presidency. So when you consider even the slightest context your raw totals look stupid. Who could have guessed!?
Federal Spending in 2009 - Obama's first year in office - $3.518 trillion
Federal Spending in 2010 - $3.456 trillion
Federal Spending in 2011 - $3.603 trillion
Federal Spending in 2011 -$3.537 trillion
Federal Spending in 2013 - the first year of the "austerity" - $3.45 trillion
Federal Spending in 2014 - $3.506 trillion.
Feel the austerity!!!! Obama spent as much in 2013 or more in 2014 after sequestration and the supposed "austerity." Also note that Obama budgets all contain a nearly a $700 - $800 billion increase from Bush's reckless spending. The 2009 Budget contains what were supposedly "one time" costs from TARP and Obama's Stimulus fraud but as you can see, the budget barely dipped in 2010 and these "one time" expenditures were now baked into the budgetary pie. But Obama's recovery sucked, we're told because we just didn't "invest" enough.
Hey look you’re being intelectually dishonest again by posting the raw expenditure totals.
In 2009 Fed spending as a % of GDP was about 25% and declined to 20% by 2013 and stayed flat until the end of Obama’s presidency. So when you consider even the slightest context your raw totals look stupid. Who could have guessed!?
Not to mention he lies by trying to blame 2009 on Obama.
Cutting federal expenditures by 1/5 of its GDP% is a lot, and is, well, austerity
So the reason Obama's recovery sucked is because 4 years after the recession ended, spending was cut from $3.5 trillion to $3.45 trillion and this was after four years of trillion dollar a year budget deficits.
Yeah, you're fucking killing me on economics Kunt.
"Austerity" is the cool socialist term to describe the meltdown in Greece when they couldn't afford the free shit anymore
Socialism - is there any thing it can't do?
The crisis in Greece was mostly the fault of the Germans and the ECB. The so-called PIGS that didn’t give into the Euro austerity regime actually came through the recession better than austeirty countries, especially Portugal.
"Austerity" is the cool socialist term to describe the meltdown in Greece when they couldn't afford the free shit anymore
Socialism - is there any thing it can't do?
The crisis in Greece was mostly the fault of the Germans and the ECB. The so-called PIGS that didn’t give into the Euro austerity regime actually came through the recession better than austeirty countries, especially Portugal.
Everything is the fault of the Germans but it is interesting that socialism fails so much due to factors out of its control
I think our system of socialist capitalism is better and so do the countries we bail out and defend
Cutting federal expenditures by 1/5 of its GDP% is a lot, and is, well, austerity
So the reason Obama's recovery sucked is because 4 years after the recession ended, spending was cut from $3.5 trillion to $3.45 trillion and this was after four years of trillion dollar a year budget deficits.
Yeah, you're fucking killing me on economics Kunt.
Actually it probably wouldn’t have mattered if it was 3.45 million or 3.75 million, it needed to be much higher based on the scale of the recession. I was pointing out how dishonest you are by not putting yearly changes in the Fed expenditures as a % of GDP in context and pretending you’ve made some astute point. Moron.
Yes, yes, the recession was so HUGE that four years after it was over and despite the fact that Obama still ran a $680 Billion budget deficit in 2013 and Federal spending per year had increased by over $700 - $800 Billion a year since 2007 it had to be the "austerity" of this budget that caused Obama's economy to suck.
"Austerity" is the cool socialist term to describe the meltdown in Greece when they couldn't afford the free shit anymore
Socialism - is there any thing it can't do?
The crisis in Greece was mostly the fault of the Germans and the ECB. The so-called PIGS that didn’t give into the Euro austerity regime actually came through the recession better than austeirty countries, especially Portugal.
Everything is the fault of the Germans but it is interesting that socialism fails so much due to factors out of its control
I think our system of socialist capitalism is better and so do the countries we bail out and defend
Imagine if Greece had to have an army
The Germans made them do it.
In 2009, fueled by a three-year jump in government spending to 54% of gross domestic product from 45%, the Greek government was running a primary deficit equal to 10% of its GDP, according to IMF estimates. In other words, new borrowing equaled all principal and interest due, plus an extra 10% of GDP. When major accounting fraud was reported, private lending to the Greek government stopped and bailouts from the “troika” of the European Central Bank, European Commission and the IMF—to the tune of €240 billion—were needed.
Cutting federal expenditures by 1/5 of its GDP% is a lot, and is, well, austerity
So the reason Obama's recovery sucked is because 4 years after the recession ended, spending was cut from $3.5 trillion to $3.45 trillion and this was after four years of trillion dollar a year budget deficits.
Yeah, you're fucking killing me on economics Kunt.
Comments
Both TARP and the stimulus fraud were said to be "one time" expenditures. So why is it that 2010 budget contains almost all of that very same increase in spending? TARP was a $700 Billion budget item for 2009. Why didn't the spending drop by that amount in 2010 Hondo?
Btw, I never said 2009 was Obama budget, I said it was his first year in office. Once again, statements of fact that make Hondo's Kunt hurt he likes to call "lies."
Answer me this. How much of the stimulus bill was spent on the 09 budget year? Remember all the bagging on "shovel read projects"?
Not sure this is the place. Believe it or not I have doubts about my behavior here because of the half brain brotherhood
But what the fuck I can't quit this place
Now why didn't the budget drop by $700 Billion in 2010?
So what was my "lie" Kunt?
Federal Spending in 2007 - $2.729 trillion
Federal Spending in 2008 - $2.902 trillion
Federal Spending in 2009 - Obama's first year in office - $3.518 trillion
Federal Spending in 2010 - $3.456 trillion
Federal Spending in 2011 - $3.603 trillion
Federal Spending in 2011 -$3.537 trillion
Federal Spending in 2013 - the first year of the "austerity" - $3.45 trillion
Federal Spending in 2014 - $3.506 trillion.
Feel the austerity!!!! Obama spent as much in 2013 or more in 2014 after sequestration and the supposed "austerity." Also note that Obama budgets all contain a nearly a $700 - $800 billion increase from Bush's reckless spending. The 2009 Budget contains what were supposedly "one time" costs from TARP and Obama's Stimulus fraud but as you can see, the budget barely dipped in 2010 and these "one time" expenditures were now baked into the budgetary pie. But Obama's recovery sucked, we're told because we just didn't "invest" enough.
In 2009 Fed spending as a % of GDP was about 25% and declined to 20% by 2013 and stayed flat until the end of Obama’s presidency. So when you consider even the slightest context your raw totals look stupid. Who could have guessed!?
Socialism - is there any thing it can't do?
Yeah, you're fucking killing me on economics Kunt.
I think our system of socialist capitalism is better and so do the countries we bail out and defend
Imagine if Greece had to have an army
In 2009, fueled by a three-year jump in government spending to 54% of gross domestic product from 45%, the Greek government was running a primary deficit equal to 10% of its GDP, according to IMF estimates. In other words, new borrowing equaled all principal and interest due, plus an extra 10% of GDP. When major accounting fraud was reported, private lending to the Greek government stopped and bailouts from the “troika” of the European Central Bank, European Commission and the IMF—to the tune of €240 billion—were needed.