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(Barry Ritholtz)   Domestic spending outlays have fallen in seven of the last nine quarters. Damn you, Obama   (ritholtz.com) divider line 170
    More: Strange, employee compensation, straw man, spending, scientific methods  
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1726 clicks; posted to Politics » on 03 Mar 2013 at 8:33 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-03 04:41:43 PM
Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!
 
2013-03-03 04:47:50 PM

quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!


Don't worry, he's still the libiest lib that ever lived to lib. Nothing can ever change that.
 
2013-03-03 04:57:47 PM

St_Francis_P: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Don't worry, he's still the libiest lib that ever lived to lib. Nothing can ever change that.


*phew*

Thanks for that. At least my world view isn't totally rocked now.
 
2013-03-03 04:59:24 PM
I thought he was spending us into oblivion.

Source: Bloomberg

Bloomberg?  That's not FOX.  I don't trust this infromation.
 
2013-03-03 05:13:07 PM

Lionel Mandrake: I thought he was spending us into oblivion.

Source: Bloomberg

Bloomberg?  That's not FOX.  I don't trust this infromation.


Well, I get my political enlightenment from Glen Beck, and we know he tells the truth so pure, that Fox couldn't handle it!
 
2013-03-03 05:27:56 PM
Federal government spending has not stagnated/fallen at the rate it has under Obama as it has since WWII. This isn't news for anyone who's ben following reality.
 
2013-03-03 05:39:16 PM
That graph certainly shows a dramatic increase in spending under Obama, as compared to his predecessor.
 
2013-03-03 05:43:56 PM
Nothing is going to convince the Tea Party of anything.
 
2013-03-03 06:05:50 PM

SkinnyHead: That graph certainly shows a dramatic increase in spending under Obama, as compared to his predecessor.


i.imgur.com
 
2013-03-03 06:17:51 PM

St_Francis_P: Don't worry, he's still the libiest lib that ever lived to lib. Nothing can ever change that.


Until the next Democrat gets elected president.
 
2013-03-03 06:48:55 PM

SkinnyHead: That graph certainly shows a dramatic increase in spending under Obama, as compared to his predecessor.


Bush put a lot on the credit card, then skipped town before the bill came.
 
2013-03-03 06:56:50 PM

Lionel Mandrake: SkinnyHead: That graph certainly shows a dramatic increase in spending under Obama, as compared to his predecessor.

Bush put a lot on the credit card, then skipped town before the bill came.


Don't bother. He has to know that by now.
 
2013-03-03 07:01:46 PM

Mugato: Lionel Mandrake: SkinnyHead: That graph certainly shows a dramatic increase in spending under Obama, as compared to his predecessor.

Bush put a lot on the credit card, then skipped town before the bill came.

Don't bother. He has to know that by now.


I know - I'm launching an opening salvo against the rest of the Derp Army, once they show up to reinforce their General.
 
2013-03-03 07:05:27 PM

quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!


came here to say this ... larfed
 
2013-03-03 07:07:14 PM
Now his austerity is killing all the jobs that we need to build our economy! The man can't do anything right!
 
2013-03-03 07:08:49 PM
Seven quarters isn't even two dollars and that won't buy sh*t, so, thanks for nothing, Obamalamadingdong...
 
NFA [TotalFark]
2013-03-03 07:37:26 PM
Why do the Republicoonts refuse to acknowledge that George Bush doubled the national debt during a time of "economic prosperity".
 
2013-03-03 07:50:44 PM

NFA: Why do the Republicoonts refuse to acknowledge that George Bush doubled the national debt during a time of "economic prosperity".


but the wars were OFF BUDGET!!!!!
that doesnt count !!!

HAHAHA HAHAHA HAHAHAHAHAHA
 
2013-03-03 08:05:09 PM
I saved the VA $125,000 last month. Can I have a cookie?
 
2013-03-03 08:16:59 PM
when you plan to overspend and then you wind up not overspending as much as you thought you would, that is NOT a cut.

Well, it is in Washington.  But not in reality.
 
2013-03-03 08:22:29 PM

tenpoundsofcheese: when you plan to overspend and then you wind up not overspending as much as you thought you would, that is NOT a cut.

Well, it is in Washington.  But not in reality.


Tell that to the laid off and furloughed workers, asshat.
 
2013-03-03 08:30:33 PM
Outlays, inlays -- I've seen a massive reduction in all lays ever since Obama took office.

Thanks, Obama.
 
2013-03-03 08:40:14 PM

tenpoundsofcheese: when you plan to overspend



Define "overspend."

Or threadsh*t and leave, I'm sure that's what you'll do anyways.
 
2013-03-03 08:46:22 PM

James F. Campbell: Outlays, inlays -- I've seen a massive reduction in all lays ever since Obama took office.

Thanks, Obama.


Dude. Showers. Invest in them. It helps. Swears.
 
2013-03-03 08:49:27 PM
Shhhh.

Let's not have truth impinge on the groupthink that has overtaken the GOP.

They may accidentally get something right.
 
2013-03-03 08:56:08 PM

Mugato: Nothing is going to convince the Tea Party of anything.


Reality is not their strong suit.
 
2013-03-03 08:59:41 PM

Snarcoleptic_Hoosier: Now his austerity is killing all the jobs that we need to build our economy! The man can't do anything right!


I can't wait until we hear a GOP talking head try and roll that out. You know it's coming.
 
2013-03-03 09:04:11 PM

quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!


Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history
 
2013-03-03 09:15:59 PM
What are Obammler's deficits? $1,500,000,000,000 per year on average.

So he's the $6 trillion dollar man. So far. He's going to run up over $10 TRILLION DOLLARS of debt on his watch. I can't find one liberal anywhere that thinks that's a bad thing.
 
2013-03-03 09:17:27 PM

skullkrusher: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history


Which is a major reason we aren't recovering.  The second half is that businesses are no longer creating jobs, despite ever increasing profits.
 
2013-03-03 09:19:06 PM
Oh, and don't forget that Kerry just gave Egypt a quarter of a billion dollars.

http://hosted.ap.org/dynamic/stories/M/ML_KERRY?SITE=AP&SECTION=HOME &T EMPLATE=DEFAULT&CTIME=2013-03-03-14-30-49
 
2013-03-03 09:20:52 PM

shotglasss: Oh, and don't forget that Kerry just gave Egypt a quarter of a billion dollars.


That's just catsup money. We're cool.
 
2013-03-03 09:25:56 PM

shotglasss: What are Obammler's deficits? $1,500,000,000,000 per year on average.

So he's the $6 trillion dollar man. So far. He's going to run up over $10 TRILLION DOLLARS of debt on his watch. I can't find one liberal anywhere that thinks that's a bad thing.


FINE
you are completely correct
it is a bad thing

so um, riddle me this oh wise one, what will the GOP do to fix this problem?
The GOP has controlled the house for 2 years and control it now for 2 more years.

WHY has the House passed a budget with such a large deficit?
WHY didnt the WISE GOP HOUSE fix that problem?
WHY have the GOP voted for such HUGE budgets??
and finally
WHAT will the GOP do if the deficits are still so large when they next get into the White House?

/no, not going to waste time waiting for an actual answer ... other than cut taxes and reduce waste!!
/ROFL
 
2013-03-03 09:27:17 PM

shotglasss: Oh, and don't forget that Kerry just gave Egypt a quarter of a billion dollars.

http://hosted.ap.org/dynamic/stories/M/ML_KERRY?SITE=AP&SECTION=HOME &T EMPLATE=DEFAULT&CTIME=2013-03-03-14-30-49


KERRY did nothing.
The US released 1/4B in aid.
I have no problem with this.
 
2013-03-03 09:27:52 PM

NewportBarGuy: shotglasss: Oh, and don't forget that Kerry just gave Egypt a quarter of a billion dollars.

That's just catsup money. We're cool.


lolololol
 
2013-03-03 09:28:06 PM

shotglasss: What are Obammler's deficits? $1,500,000,000,000 per year on average.

So he's the $6 trillion dollar man. So far. He's going to run up over $10 TRILLION DOLLARS of debt on his watch. I can't find one liberal anywhere that thinks that's a bad thing.


I don't believe you understand the meaning of the word "average"
 
2013-03-03 09:31:05 PM
"Expenditures on goods, services, and employee compensation...." so, what the federal government's spending to keep itself in business, not counting the money it takes from one group to give to another.  Right?
 
2013-03-03 09:31:28 PM

GAT_00: skullkrusher: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history

Which is a major reason we aren't recovering.  The second half is that businesses are no longer creating jobs, despite ever increasing profits.


well.. yeah. Businesses are not expanding at the moment but that will come back
 
2013-03-03 09:31:59 PM

quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!


clane:
no we don't have a spending problem... no everything is just fine... go back to your kool aid

http://www.usdebtclock.org/
 
2013-03-03 09:34:55 PM

skullkrusher: GAT_00: skullkrusher: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history

Which is a major reason we aren't recovering.  The second half is that businesses are no longer creating jobs, despite ever increasing profits.

well.. yeah. Businesses are not expanding at the moment but that will come back


Not until they're forced to.  Business profits have been at all time highs for three years, and they aren't hiring.  The idea that we can simply trust businesses to do the right thing is now irrevocably broken.
 
2013-03-03 09:35:42 PM

GAT_00: skullkrusher: GAT_00: skullkrusher: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history

Which is a major reason we aren't recovering.  The second half is that businesses are no longer creating jobs, despite ever increasing profits.

well.. yeah. Businesses are not expanding at the moment but that will come back

Not until they're forced to.  Business profits have been at all time highs for three years, and they aren't hiring.  The idea that we can simply trust businesses to do the right thing is now irrevocably broken.


hehe businesses now have to be "forced" to expand to meet steadily increasing demand? Don't think so.
 
2013-03-03 09:38:05 PM

namatad: shotglasss: What are Obammler's deficits? $1,500,000,000,000 per year on average.

So he's the $6 trillion dollar man. So far. He's going to run up over $10 TRILLION DOLLARS of debt on his watch. I can't find one liberal anywhere that thinks that's a bad thing.

FINE
you are completely correct
it is a bad thing

so um, riddle me this oh wise one, what will the GOP do to fix this problem?
The GOP has controlled the house for 2 years and control it now for 2 more years.

WHY has the House passed a budget with such a large deficit?
WHY didnt the WISE GOP HOUSE fix that problem?
WHY have the GOP voted for such HUGE budgets??
and finally
WHAT will the GOP do if the deficits are still so large when they next get into the White House?

/no, not going to waste time waiting for an actual answer ... other than cut taxes and reduce waste!!
/ROFL


I'm waiting to see what Reid and Obama have in mind, other than spending trillions of China's dollars on unions, unions, and more government employees (unions). If they won't try to help, then nothing can get done. I'm hoping Boehner keeps the pressure on the liberals and goes for a full government shutdown so that Americans can see how little they are getting for their money.

Why does Obama let thousands of criminals out of jail before even ONE PENNY of sequester money is held back? I'll not waste time for an actual answer, you'll be telling me it's all the Republicans' fault for not raising taxes on THE RICHTMenough, like up to 114%.

While you're rolling around there on the floor, you might want to do something about all those roach carcasses.
 
2013-03-03 09:38:25 PM
The cool thing about numbers is they have no bias. As such you can abuse the crap out of them to make them say whatever you want them to say.

Always look at precisely is being attributed. It's not the full picture.
 
2013-03-03 09:40:35 PM

namatad: shotglasss: Oh, and don't forget that Kerry just gave Egypt a quarter of a billion dollars.

http://hosted.ap.org/dynamic/stories/M/ML_KERRY?SITE=AP&SECTION=HOME &T EMPLATE=DEFAULT&CTIME=2013-03-03-14-30-49

KERRY did nothing.
The US released 1/4B in aid.
I have no problem with this.


Kerry represents the US, and gave Egypt a hell of a lot of our money, all while Bobammy is crying that we have to let all the illegal aliens out of jail now cuz we can't afford to enforce the law any more because 'THE RICH'TM aren't paying 297% income tax.
 
2013-03-03 09:42:03 PM

clane: no we don't have a spending problem... no everything is just fine... go back to your kool aid

http://www.usdebtclock.org/


Oh look, another RWer who noticed the deficit existed sometime in January 2009.

Welcome to the club.

You have a bigger problem with reduced revenues due to reckless tax cuts during a made up war than you do with increased government spending.

You do realize there's more than one side to that equation, right?

Also the trade deficit needs to be addressed.
 
2013-03-03 09:43:12 PM

Mrbogey: The cool thing about numbers is they have no bias. As such you can abuse the crap out of them to make them say whatever you want them to say.

Always look at precisely is being attributed. It's not the full picture.


AKA you have no response because the numbers don't line up with your picture of Obama.
 
2013-03-03 09:43:42 PM
shotglasss: ...gave Egypt a hell of a lot of our money

I'm not sure if you realize this but America's two top recipients of US Aid have been Israel and Egypt for a couple of generations now.

Can you guess why?
 
2013-03-03 09:46:37 PM

GAT_00: skullkrusher: GAT_00: skullkrusher: quatchi: Wait, you mean RW media has been lying to me all this time about Obama's admin being the spendiest spenders in the history of government spending EVAR?

Well, I never!

Yep. In reality he's been cutting spending during the immediate afternath of one of the worst economic crises in history

Which is a major reason we aren't recovering.  The second half is that businesses are no longer creating jobs, despite ever increasing profits.

well.. yeah. Businesses are not expanding at the moment but that will come back

Not until they're forced to.  Business profits have been at all time highs for three years, and they aren't hiring.  The idea that we can simply trust businesses to do the right thing is now irrevocably broken.


Are you bad-mouthing capitalism?  I suppose you would prefer a Stalinist Soviet "Republic" complete with secret police, wide-spread famine and scores of labor camps?

I've been told those are the only two options.
 
2013-03-03 09:47:32 PM

quatchi: shotglasss: ...gave Egypt a hell of a lot of our money

I'm not sure if you realize this but America's two top recipients of US Aid have been Israel and Egypt for a couple of generations now.

Can you guess why?


Because Obama?
 
2013-03-03 09:49:19 PM
i.imgur.com
 
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