Republican myth debunked

Mott the Hoople said:
Yea cause the Government had to spend a nearly a trillion dollars socializing risk for greedy Wall Street Bankers who collapsed our economy so as to prevent a recession from becoming a depression. The real bitch was when we started to recover those same bastards who tanked out economy were able to privatize the profits that us tax payers paid for. Mission Control to Houston. We have a problem here!
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Because that is how Paulson designed it.


cant have the government making money by bailing out the corps.

We could have structured it that way.

Cons really didn't want that one.
 
Mott the Hoople said:
I've never ever put anyone on ignore since I've been with JPP. I simply don't read someone's post if they are a moron or offensive.
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I just cant do it.

I can ignore without the button.

every once in awhile posters like him make a point.

One that helps prove just how wrong they are for all to see.


that is when they come in handy
 
Mott the Hoople said:
While Republicans love to paint President Obama as someone who’s done nothing but spend, spend, spend—reality tells a different story.

Let’s get a few facts out of the way. Yes, we’ve spent a lot of money since 2008. Yes, we’re still currently running budget deficits. Yes, we still need to get spending under control. And yes, there’s still a lot of work to be done.

But this right-wing myth that President Obama has been some kind of “Spender in Chief” is completely absurd.

In 2008, our deficit was $458.6 billion. For 2013, it will be $680.3 billion. Is that still a lot of money? Absolutely. But it’s still down from 2012 when our deficit was $1.09 trillion, and it’s headed back towards the levels we had before the economic crash.

And let’s not forget that the 2009 budget, which President Obama gets saddled with, was actually passed by George W. Bush. How large was that deficit? $1.4 trillion. So, what does that mean exactly? That President Obama has cut deficits by more than half since he became president.


More at:
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LMAO... so you are going to pretend that the bill OBAMA signed into law in 2009 was not a part of the 2009 deficit? The fact that he ran insane levels of deficits and now has cut them down to half as insane, does not alter the FACT that it is still 50% higher than the INSANE levels of deficit spending in 2008.

Obama to the fools... I pump up the deficit from $400B to $1.4 trillion, then proclaim victory when after 4 years of trillion dollar deficits I get the deficit 'back down' to $600B. YEAH for ME!!

Fools... yeah Obama!!!
 
Superfreak said:
LMAO... so you are going to pretend that the bill OBAMA signed into law in 2009 was not a part of the 2009 deficit? The fact that he ran insane levels of deficits and now has cut them down to half as insane, does not alter the FACT that it is still 50% higher than the INSANE levels of deficit spending in 2008.

Obama to the fools... I pump up the deficit from $400B to $1.4 trillion, then proclaim victory when after 4 years of trillion dollar deficits I get the deficit 'back down' to $600B. YEAH for ME!!

Fools... yeah Obama!!!
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The FY09 deficit was projected to be in excess of $1T before Obama took office. Yes, there was some additional FY09 spending that is attributable to Obama, but the lion's share of the deficit pre-existed his innauguration.
 
aeprga said:
The FY09 deficit was projected to be in excess of $1T before Obama took office. Yes, there was some additional FY09 spending that is attributable to Obama, but the lion's share of the deficit pre-existed his innauguration.
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LMAO... ok apologist... keep pretending it wasn't Obama
 
aeprga said:
Do you deny that as of January 7, 2009 the CBO projected a FY09 deficit of approximately $1.2T?
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Oh, well if the CBO projected something that must make it so. How much of that $1.2 Trillion was a result of Bush policies and the budget passed by the Dems in Congress and how much of that projection was based on the downturn in housing? Keep pretending that it was all Bush.
 
Superfreak said:
Oh, well if the CBO projected something that must make it so. How much of that $1.2 Trillion was a result of Bush policies and the budget passed by the Dems in Congress and how much of that projection was based on the downturn in housing? Keep pretending that it was all Bush.
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Obama inherited a $1.2T deficit and has cut it in half. That's the reality.
 
aeprga said:
That's a very articulate and well-reasoned rebuttal, SF.
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LMAO... like you rebutted anything in your post? You simply chirped out the apologist line of 'he cut the deficit in half'

Guess what... that SAME CBO report projected it would automatically go back down... ALSO PRIOR TO OBAMA TAKING OFFICE.

yet Obama MAINTAINED the insanely high levels of deficit spending.

But I suppose you have an apology for that as well???
 
Superfreak said:
Oh, well if the CBO projected something that must make it so. How much of that $1.2 Trillion was a result of Bush policies and the budget passed by the Dems in Congress and how much of that projection was based on the downturn in housing? Keep pretending that it was all Bush.
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aeprga said:
Obama inherited a $1.2T deficit and has cut it in half. That's the reality.
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Tell me how great your rebuttal was...
 
Superfreak said:
LMAO... so you are going to pretend that the bill OBAMA signed into law in 2009 was not a part of the 2009 deficit? The fact that he ran insane levels of deficits and now has cut them down to half as insane, does not alter the FACT that it is still 50% higher than the INSANE levels of deficit spending in 2008.

Obama to the fools... I pump up the deficit from $400B to $1.4 trillion, then proclaim victory when after 4 years of trillion dollar deficits I get the deficit 'back down' to $600B. YEAH for ME!!

Fools... yeah Obama!!!
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Any, by the way, SF, my rebuttal was to the bold and it's a damn good one. Obama inherited a deficit of $1.2T and the deficit is now half of that.
 
aeprga said:
Any, by the way, SF, my rebuttal was to the bold and it's a damn good one. Obama inherited a deficit of $1.2T and the deficit is now half of that.
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Except that it isn't... he may have had an excuse for 2009, but he had no such excuse for running continual deficits like that. NONE.

Again... can't help but notice you ignored the rest of the post in your 'damn good' rebuttal. I wonder why your 'damn good' rebuttal was only a regurgitated talking point from your master Obama?
 
aeprga said:
Any, by the way, SF, my rebuttal was to the bold and it's a damn good one. Obama inherited a deficit of $1.2T and the deficit is now half of that.
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took a look... and NO dung... that is not the post you replied to... so now you resort to lying?

How sad.
 
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