Author Topic: Obama's out of control spending  (Read 1962 times)

Offline The Boo Man...

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Re: kram just posted 'graphs' in the other thread. did you speak to him?
« Reply #15 on: January 30, 2013, 06:09:49 PM »
er uh Mr Boo, I'm not "simply posting graphs". I'm posting the CBO Budget Outlooks and I'm cutting and pasting the spending and revenue data from the appropriate table.  I dont want any 'road blocks' in between you and the facts.  this will have to do until the 2013 Budget outlook comes out

"The federal government’s fiscal year 2012 has come to a close, and CBO estimates—in its latest Monthly Budget Review—that the federal budget deficit for the year was about $1.1 trillion, or 7.0 percent of gross domestic product (GDP). "

http://www.cbo.gov/publication/43657


Oh I see! It's just your opinion that a trillion dollar defect is not irresponsible spending.

Awesome.


Offline Vern

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why cant pubs argue what I post?
« Reply #16 on: January 30, 2013, 07:12:31 PM »
LOL no I am not in, you came just to bash Bush.  :lol:

er uh Mr Stall, so what you are saying is my clear straightforward posts and the solid factual links to back up my points are just a clever ploy?  sorry Mr Stall, I clearly stated that I'm shredding the false narratives I routinely hear from pubs that "Obama's spending is out of control" or " its only a spending revenue". and Mr Boo was kind enough to post another false narrative even after I'd already shredded it: "2009 belongs to Obama".

Mr stall, lets discuss this together. See how Mr Boo literally creates a false narrative right in front of us.  I've clearly shown and proven that the biggest cause of current deficits is revenue destruction. Somehow he interprets that as me sayin "trillion dollar deficit are responsible" .  He cant argue what I post so he has to create a false narrative to argue.  Facts seem to upset him so much he creates a fantasy world to retreat to. Can you believe I deal with all the time.
Oh I see! It's just your opinion that a trillion dollar defect is not irresponsible spending.

Awesome.

Offline The Boo Man...

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Re: Obama's out of control spending
« Reply #17 on: January 30, 2013, 07:13:59 PM »
Tell us Vera. What is your opinion of Obama's stimulus spending?


Offline Vern

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Re: Obama's out of control spending
« Reply #18 on: January 30, 2013, 07:25:12 PM »
Mr Boo, please please please quit thinking I'm here to validate your delusions.  Make a point and back it up.  Here are some tips I posted for solar

Here are some simple guidelines  to follow to make your make your learning process faster (and more fun)

Make clear simple points and back them up
Don’t ask questions (other than rhetorical)
Stop making it about me.


go ahead and add this to list
Respond to the actual posts (not the ones you imagine)

Offline The Boo Man...

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Re: Obama's out of control spending
« Reply #19 on: January 30, 2013, 07:26:15 PM »
Mr Boo, please please please quit thinking I'm here to validate your delusions.  Make a point and back it up.  Here are some tips I posted for solar

go ahead and add this to list
Respond to the actual posts (not the ones you imagine)

Don't troll or you will be flushed.

Once again what is your opinion of the stimulus?


Offline Solar

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Re: Obama's out of control spending
« Reply #20 on: January 30, 2013, 07:52:12 PM »
Don't troll or you will be flushed.

Once again what is your opinion of the stimulus?
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Offline Vern

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the stimulus prevented a depression, go ahead and start a thread about it
« Reply #21 on: January 31, 2013, 03:34:39 AM »
Get ready for a long song and dance, followed by a chorus of 100 gay men singing it's Kermit-It's Not Easy Being Green in acapella.

The stimulus is worthy of its own thread. In the meantime, why cant people respond to the actual facts I've posted.  Its always like that. I post facts that shred their comfortable narratives and they lash out, post insults and want to quickly want to change subjects. 

Did anybody find my clear straightforward posts informative? I did back them up with solid factual links.

Offline kramarat

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Re: Obama's out of control spending
« Reply #22 on: January 31, 2013, 05:44:05 AM »
I always thought that estimates from the CBO were estimates. :blink:

The only fact that exists, is that they made an estimate. How often have they been spot on?

Offline kramarat

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Re: Obama's out of control spending
« Reply #23 on: January 31, 2013, 05:57:20 AM »
When government itself is out of control, it doesn't make much sense to get into chicken and egg arguments over Clinton vs Bush, or Bush vs Obama. It's like telling a kid to choose between his alcoholic father and his crack addict mother.

Basing arguments on CBO estimates is also BS. All we can go by is what's already been done. It's unsustainable.

http://www.usgovernmentspending.com/us_20th_century_chart.html

Should we be singing Happy Days Are here Again?

Recent US Federal Deficit Numbers
Obama Deficits           Bush Deficits
FY 2013*: $901 billion FY 2009†: $1,413 billion 
FY 2012: $1,089 billion FY 2008: $459 billion
FY 2011: $1,300 billion FY 2007: $161 billion
FY 2010: $1,293 billion

Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget. See here.

Note:

* Federal Deficit is budgeted.
† Some people have emailed to insist that the FY 2009 deficit should be assigned to Obama. Good point.

« Last Edit: January 31, 2013, 06:05:17 AM by kramarat »

Offline Vern

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the actuals upset him more
« Reply #24 on: January 31, 2013, 09:40:39 AM »
I always thought that estimates from the CBO were estimates. :blink:

The only fact that exists, is that they made an estimate. How often have they been spot on?

uh kram, the estimates are estimates. the actuals are actuals.  Did your brain block out the actuals?

When government itself is out of control, it doesn't make much sense to get into chicken and egg arguments over Clinton vs Bush, or Bush vs Obama. It's like telling a kid to choose between his alcoholic father and his crack addict mother.

Basing arguments on CBO estimates is also BS. All we can go by is what's already been done. It's unsustainable.

kram, your doing that thing that everybody at this forum seems to do : argue things I havent posted.  And you're still whining about estimates.  If the estimates upset you so much, focus on the actuals.   In this thread, I've shown the cause of the trillion dollar deficits to be a result of revenue destruction from the Great Bush Recession. I'm not comparing  Clinton vs Bush, or Bush vs Obama. 

Its always funny the things people post in response to my facts. 

Offline kramarat

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Re: the actuals upset him more
« Reply #25 on: January 31, 2013, 09:46:44 AM »
uh kram, the estimates are estimates. the actuals are actuals.  Did your brain block out the actuals?

kram, your doing that thing that everybody at this forum seems to do : argue things I havent posted.  And you're still whining about estimates.  If the estimates upset you so much, focus on the actuals.   In this thread, I've shown the cause of the trillion dollar deficits to be a result of revenue destruction from the Great Bush Recession. I'm not comparing  Clinton vs Bush, or Bush vs Obama. 

Its always funny the things people post in response to my facts.

What do you mean I'm arguing things you haven't posted?

The thread title is Obama's Out Of Control Spending

Is the subject something other than that? I haven't read all of the posts.

Offline Solar

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Re: the stimulus prevented a depression, go ahead and start a thread about it
« Reply #26 on: January 31, 2013, 10:41:09 AM »
The stimulus is worthy of its own thread. In the meantime, why cant people respond to the actual facts I've posted.  Its always like that. I post facts that shred their comfortable narratives and they lash out, post insults and want to quickly want to change subjects. 

Did anybody find my clear straightforward posts informative? I did back them up with solid factual links.
Worthy of what? The stimulus is the worst thing any POTUS could do, letting the free mkt correct itself is the best medicine, but to further manipulate and micro manage such a behemoth is to think one has the power of God.
Oh wait, that's the image you have of the second coming you've placed on a pedestal. 
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Offline Vern

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EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #27 on: February 05, 2013, 05:45:10 PM »
President Obama continues to reduce the massive Bush deficits! Now that the CBO Budget Outlook is here, lets fill in 2012 actuals

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ 2449
Total Outlays____ 3,601___ 3,538

http://www.cbo.gov/publication/43907

I still dont see that "out of control spending" that cons screamed about so much.  Lets look at 2013 estimates (dont look kram, you know how estimates upset you)

Date of estimate___2/13____actuals
Total Revenues___ 2,708___ TBD
Total Outlays____ 3,553___ TBD

Offline Solar

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Re: EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #28 on: February 05, 2013, 06:01:55 PM »
President Obama continues to reduce the massive Bush deficits! Now that the CBO Budget Outlook is here, lets fill in 2012 actuals

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ 2449
Total Outlays____ 3,601___ 3,538

http://www.cbo.gov/publication/43907

I still dont see that "out of control spending" that cons screamed about so much.  Lets look at 2013 estimates (dont look kram, you know how estimates upset you)

Date of estimate___2/13____actuals
Total Revenues___ 2,708___ TBD
Total Outlays____ 3,553___ TBD

Wow, you really are wearing blinders.
All this is based on a Hell of a lot of "ifs", and the admin has proven he does not keep his word.
You just keep drinking the kool aid.
Koolaid is for kids, TEA is for adults

Offline Vern

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Re: EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #29 on: February 05, 2013, 06:14:19 PM »
Wow, you really are wearing blinders.
All this is based on a Hell of a lot of "ifs", and the admin has proven he does not keep his word.
You just keep drinking the kool aid.

again solar, I have no idea what point you are making.  I've shown the estimates and actuals for FY 2009-2012.  I'm now showing the estimates for 2013.  I'm sorry I cant show the actuals for 2013 but even you should understand why.

make a clear point. back it up.  tell ya what. just make a clear point.

 

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