Author Topic: Obama's out of control spending  (Read 2124 times)

Online Solar

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Re: EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #30 on: February 05, 2013, 06:44:08 PM »
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.
Read you damn link, I did, and it is full of "IFs" if this happens, then this would be the outcome, if the law doesn't change, then it could do this, but if, and on and on and on, it's nothing but a theory based on if.
Koolaid is for kids, TEA is for adults

Online The Boo Man...

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Re: Obama's out of control spending
« Reply #31 on: February 05, 2013, 09:25:51 PM »
Kids reading blogs are boring...


Offline Vern

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now "if" is his enemy.
« Reply #32 on: February 06, 2013, 06:40:41 AM »
Okay solar, so your point is the word “if” is used in the CBO Budget Outlook.  I bet the word "if" is used in all the CBO links I’ve posted in this thread.  Budget estimates require assumptions. they have to tell you "if current law.... ".  In 2008, their estimate was off because it didnt account the stimulus check Bush mailed out in Q2.  So if the "ifs" bother you, focus on the actuals.  Actuals dont have "ifs"

 this seems a perfectly good use of the word “if”.  (just read the first part solar)

“The federal budget deficit, which shrank as a percentage of GDP for the third year in a row in 2012, will fall again in 2013, if current laws remain the same.”

And don’t forget, its an estimate of the current FY.  (you do remember that the current FY starts 10/1 of the previous calendar year).  So if you look at the previous CBO  estimates I posted, I’d say they are in the ball park.  Now "if" we default on our debt I’m sure the numbers would change but nobody needs that explained to them do they?
 
 
Kids reading blogs are boring...

Honestly boo boo, why do you even bother to post?   


Online taxed

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Re: EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #33 on: February 06, 2013, 12:15:53 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


Vern, please post a link to the budget so I may look at it.
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

Online The Boo Man...

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Re: EXTRA! EXTRA! READ ALL ABOUT IT
« Reply #34 on: February 06, 2013, 03:22:56 PM »
Vern, please post a link to the budget so I may look at it.

If he does that he will see he is epically wrong with 2009...


Offline Vern

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maybe he is just that dumb and couldnt find it himself
« Reply #35 on: February 06, 2013, 05:15:38 PM »
here is the 2013 budget. who knows what point he will eventually never get around to making. (and who knows what budget he wanted. )

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf

If he does that he will see he is epically wrong with 2009...


I cant stress it enough. make a point.  Point out exactly what you think is wrong.



Online The Boo Man...

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Re: maybe he is just that dumb and couldnt find it himself
« Reply #36 on: February 06, 2013, 06:05:36 PM »
here is the 2013 budget. who knows what point he will eventually never get around to making. (and who knows what budget he wanted. )

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf

I cant stress it enough. make a point.  Point out exactly what you think is wrong.


You should know cupcake. if you have done your homework it would be jumping off the page.


Offline Vern

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yes, I know. he only pesters me
« Reply #37 on: February 07, 2013, 04:58:12 AM »
You should know cupcake. if you have done your homework it would be jumping off the page.

what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.

Online taxed

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Re: yes, I know. he only pesters me
« Reply #38 on: February 07, 2013, 10:36:13 AM »
what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.

Still waiting on that link to the budget.  You don't have to go all the way back... just post the last one Obama passed.
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

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Re: yes, I know. he only pesters me
« Reply #39 on: February 07, 2013, 02:26:44 PM »
what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.

 :lol: :lol: :lol:

Shred?

Grow up little boy.


Online The Boo Man...

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Re: yes, I know. he only pesters me
« Reply #40 on: February 07, 2013, 02:31:11 PM »
Still waiting on that link to the budget.  You don't have to go all the way back... just post the last one Obama passed.

It doesn't matter. According to Vera everything happened under Bush. Bush is to blame for everything. Even budgets he never signed. We are back to debating talking points from 2008.


Offline kramarat

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Re: Obama's out of control spending
« Reply #41 on: February 07, 2013, 03:41:44 PM »
I guess we can't shake that damned Bush. I think he might be still hiding in the Bushes..............and doing the same bad stuff. :rolleyes:

http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates

Online The Boo Man...

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Re: Obama's out of control spending
« Reply #42 on: February 08, 2013, 07:21:48 PM »
I guess we can't shake that damned Bush. I think he might be still hiding in the Bushes..............and doing the same bad stuff. :rolleyes:

http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates


Vera's ignorance was obvious from day one when he blamed Bush for 2009 spending. If he had done his homework he would have known that because Congress is so useless the budget for 2009 was not brought up until 2009 and Obama loaded it up and signed it with blame going to Bush.


Offline kramarat

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Re: Obama's out of control spending
« Reply #43 on: February 08, 2013, 07:31:46 PM »
Vera's ignorance was obvious from day one when he blamed Bush for 2009 spending. If he had done his homework he would have known that because Congress is so useless the budget for 2009 was not brought up until 2009 and Obama loaded it up and signed it with blame going to Bush.

When the Obama bubble bursts, it will change the dynamics of the entire planet. Just a wild guess, but I'm thinking that the US dollar will no longer be the global currency.

Offline supsalemgr

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Re: Obama's out of control spending
« Reply #44 on: February 09, 2013, 05:51:14 AM »
When the Obama bubble bursts, it will change the dynamics of the entire planet. Just a wild guess, but I'm thinking that the US dollar will no longer be the global currency.

I agree. This fiscal insanity is unsustainable and will have a global impact. I have been around long enough there are consequences to any action, good and bad. Personally, I would like to see the disaster come to a head sooner rather then later. Then we can go about the diffcult task of returning to reality.
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