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(Investors Business Daily)   Obama's claim that he has a "balanced" $4 trillion deficit-cutting plan are completely debunked .. ... by Obama's own budget   (news.investors.com) divider line 18
    More: Fail, President Obama, deficits  
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797 clicks; posted to Politics » on 05 Oct 2012 at 9:13 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-05 09:32:27 AM
3 votes:
Republicans don't know math
2012-10-05 09:30:45 AM
3 votes:

MyRandomName: CPennypacker: I like how the Republicans are allowed to count eliminating loopholes that don't exist as part of their budget but Obama can't count savings that does exist as part of his.

Citation?

Obama is counting cuts that already exist as policy. The cbo has laughed at his budget multiple times for this.

If I finish paying off my car this year I don't count a budget savings equal to my payments next year.


Huh? If your car payment (let's say $3000/yr) adds $3k/yr to your $9k yearly deficit and you pay it off this year, you have just reduced your yearly deficit by $3k for subsequent years. That "counts" as deficit reduction, just as the money that will be saved when we vacate the Middle East wars will have a net reduction on the yearly deficit. By any objective measure, it still counts.
2012-10-05 10:11:12 AM
2 votes:

nomike1: holdmybones: nomike1: nyseattitude: So when Obama put the two wars in the budget it's a deficit increase, but when they are removed it's not a decrease?

Yah, that makes sense....

The guy who was to 1/2 the Deficit in 4 years instead spend more than all the other Presidents combined?

That guy?

Can you please go back to posting barely coherent sentences and lame cartoons, and then leaving the thread?
We have enough trolls in the "repeatedly pointing out debunked talking points" department, thanks!

Prove me wrong, and I will shut up?


Source for the following:

2013 United States federal budget - $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget - $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget - $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget - $3.6 trillion (submitted 2009 by President Obama)

Total spending: $14.9 trillion

2009 United States federal budget - $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget - $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget - $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget - $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget - $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget - $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget - $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget - $2.0 trillion (submitted 2001 by President Bush)

Total spending: $20.9 trillion

Obama hasn't managed to spend more than his immediate predecessor, much less all 43 of them combined.
2012-10-05 10:00:48 AM
2 votes:

nomike1: nyseattitude: So when Obama put the two wars in the budget it's a deficit increase, but when they are removed it's not a decrease?

Yah, that makes sense....

The guy who was to 1/2 the Deficit in 4 years instead spend more than all the other Presidents combined?

That guy?


Ah yes, the imaginary president Obama that the GOP is so very upset with.
2012-10-05 09:30:29 AM
2 votes:

MyRandomName: CPennypacker: I like how the Republicans are allowed to count eliminating loopholes that don't exist as part of their budget but Obama can't count savings that does exist as part of his.

Citation?

Obama is counting cuts that already exist as policy. The cbo has laughed at his budget multiple times for this.

If I finish paying off my car this year I don't count a budget savings equal to my payments next year.


Why? Your budget has been reduced by that much. You now have that money free.
2012-10-05 09:19:21 AM
2 votes:
I like how the Republicans are allowed to count eliminating loopholes that don't exist as part of their budget but Obama can't count savings that does exist as part of his.
2012-10-05 09:16:15 AM
2 votes:

Coolfusis: Wait, so he's not allowed to count things that are already happening as part of his budget plan?


You're allowed to not count anything you want, when you're doing troll math.
2012-10-05 10:56:13 AM
1 votes:
Its almost as if you have to look at what the money was spent on and why instead of just adding it together and comparing one number to the other.
2012-10-05 10:51:50 AM
1 votes:

sprawl15: Teufelaffe: Obama hasn't managed to spend more than his immediate predecessor, much less all 43 of them combined.

Your problem is that you know the difference between debt, deficit, and a budget.

Libtard.


You know what, you're right. I failed to include deficit spending. My bad. Here you go:

2002 United States federal budget + deficit - $2.1 trillion
2003 United States federal budget + deficit - $2.6 trillion
2004 United States federal budget + deficit - $2.7 trillion
2005 United States federal budget + deficit - $2.8 trillion
2006 United States federal budget + deficit - $3.0 trillion
2007 United States federal budget + deficit - $3.0 trillion
2008 United States federal budget + deficit - $3.4 trillion
2009 United States federal budget + deficit - $4.5 trillion

Total spending: $24.1 trillion


2010 United States federal budget + deficit - $5.0 trillion
2011 United States federal budget + deficit - $5.1 trillion
2012 United States federal budget + deficit - $5.0 trillion
2013 United States federal budget + deficit - $4.7 trillion

Total spending: $19.8 trillion

Oh, look at that, still less than his immediate predecessor. The "Obama spent more than all other presidents combined!" talking point is bullshiat, and you know it.
2012-10-05 10:11:12 AM
1 votes:

MyRandomName: If I finish paying off my car this year I don't count a budget savings equal to my payments next year.


Why not? If I was paying $200/month last year, and I'm not this year, that's $200/month extra I have to either spend or save, isn't it?
2012-10-05 10:10:26 AM
1 votes:

nomike1: holdmybones: nomike1: nyseattitude: So when Obama put the two wars in the budget it's a deficit increase, but when they are removed it's not a decrease?

Yah, that makes sense....

The guy who was to 1/2 the Deficit in 4 years instead spend more than all the other Presidents combined?

That guy?

Can you please go back to posting barely coherent sentences and lame cartoons, and then leaving the thread?
We have enough trolls in the "repeatedly pointing out debunked talking points" department, thanks!

Prove me wrong, and I will shut up?


Since you posed that as a question - NO, once I prove you wrong, you won't shut up.
2012-10-05 10:01:03 AM
1 votes:

nomike1: nyseattitude: So when Obama put the two wars in the budget it's a deficit increase, but when they are removed it's not a decrease?

Yah, that makes sense....

The guy who was to 1/2 the Deficit in 4 years instead spend more than all the other Presidents combined?

That guy?


Can you please go back to posting barely coherent sentences and lame cartoons, and then leaving the thread?
We have enough trolls in the "repeatedly pointing out debunked talking points" department, thanks!
2012-10-05 09:45:10 AM
1 votes:
So when Obama put the two wars in the budget it's a deficit increase, but when they are removed it's not a decrease?

Yah, that makes sense....
2012-10-05 09:38:19 AM
1 votes:

nomike1: He is truly a one term president.


Like you'e truly a one-account Farker.
2012-10-05 09:32:56 AM
1 votes:

MyRandomName: CPennypacker: I like how the Republicans are allowed to count eliminating loopholes that don't exist as part of their budget but Obama can't count savings that does exist as part of his.

Citation?

Obama is counting cuts that already exist as policy. The cbo has laughed at his budget multiple times for this.

If I finish paying off my car this year I don't count a budget savings equal to my payments next year.


However, your bank does.
2012-10-05 08:36:10 AM
1 votes:
Wait, so he's not allowed to count things that are already happening as part of his budget plan?

So, what, if I get a new job on my first week, I'm not allowed to budget with that new income in two weeks?
2012-10-05 08:35:38 AM
1 votes:
Aren't these the guys who said Stephen Hawking would never live if born in England? Ok. Got it.
2012-10-05 08:27:17 AM
1 votes:
Obama counts $800 billion saved from winding down the wars in Afghanistan and Iraq, savings that were going to occur anyway.

Yes, Presidential candidate McCain was just itching to get out of Iraq.

In a hundred years or so.
 
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