Truth Is The Truth

[Guest]

No matter how you try to sugar coat it; the truth is the truth. There's no wiggle room on this one. It is what it is.

http://i921.photobucket.com/albums/ad51/wakytimes/390680_286776848024109_100000753872249_741577_8386 76136_n.jpg

[Guest]

All depends on where you looked, Richie.

http://www.cbsnews.com/8301-503544_162-20019931-503544.html

New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office.


The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion.


The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012. That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.

Mr. Obama frequently lays blame for soaring federal deficits on his predecessor.

"By the time I got into office we already had a $1.3 trillion deficit and we had exploded the national debt," he said last month during one of his backyard chats with Americans.

Just last Friday, the Treasury Department portrayed it as good news when it reported that the federal deficit in the fiscal year that ended September 30th was $1.294 trillion. That's less than the $1.416 trillion deficit accrued in 2009 - the largest federal deficit ever recorded. It was also less than the $1.556 trillion that had been initially projected for 2010.

The soaring deficit and Debt is one of the reasons Mr. Obama is adamantly opposed to extending tax cuts for Americans earning over $250,000 a year.

The ten year cost would total $700-billion and Mr. Obama says it would needlessly add to the deficit and Debt.

[Guest]

There is room to critize Bush because he was not the most fiscal conservative. However, and whether you agree or not, he did spend a lot for the protection of American citizen especially in view of 9/11. I personally was in agreement with Bush's over emphasis since we really did not know what to expect. Remember too Bush had a Democratic Congress which carried over to Obama

Obama's focus on the other hand has been to realize his European style nation. when he took office there were 1.875 workers in the executive branch minus military and postal workers. which was about constant since 9/11. However that number increased 2.128 million in just two years (2010) or a 13.5% increase.

As for his tax cuts and/or tax increases . Either way giving in on either is like giving Obama and congress the password to your ATM.

Obama needs your ATM password to finance his vision of an entitlement state and his ObamaCare

The Republicans are right by staying with "only cuts in spending" to get us back on track..only if they have the intestinal foritude.

I am a believer in having the president and congress in opposing parties because it ensures some checks and balances.

Do you remember when we had Dems who voted right and republicans whom voted left. This mix began disappearing after JFK. My dad would not recognize the Democratic party today. I suspect he woulld have moved to independent because he did not like republicans. so you an imagine the political conversation we had when Iregistered republican, shortly following JFK

[Guest]

I think I just heard Obama ask for another TRILLION DOLLARS Plus. Play with numbers all you want. The truth is the truth.

Ohhhhhhh, Obama's Treasury Dept. is reporting differently?..........who woulda guessed.

http://www.foxnews.com/politics/2012/01/12/obama-requests-12t-increase-in-debt-ceiling/?test=latestnews

[Guest]

The soaring deficit and Debt is one of the reasons Mr. Obama is adamantly opposed to extending tax cuts for Americans earning over $250,000 a year.

The ten year cost would total $700-billion and Mr. Obama says it would needlessly add to the deficit and Debt.

[Guest]

The soaring deficit and Debt is one of the reasons Mr. Obama is adamantly opposed to extending tax cuts for Americans earning over $250,000 a year.

The ten year cost would total $700-billion and Mr. Obama says it would needlessly add to the deficit and Debt.

The 250,000 figure applies to small business' which hire the majority of new hires. His plan stifles the recovery you claim he working towards.

The man who threw us in a hole of his own creation has the plan to climb out? I'll not listen while he still holding the shovel.

A Democrat wants to save me money? Wait a minute while I hide my wallet.

[Guest]

The 250,000 figure applies to small business' which hire the majority of new hires. His plan stifles the recovery you claim he working towards.

The man who threw us in a hole of his own creation has the plan to climb out? I'll not listen while he still holding the shovel.

A Democrat wants to save me money? Wait a minute while I hide my wallet.

:bigbow:

[Guest]

Yeah, we have seen how well the Junior Bush tax cuts worked. Let's try something that has a good chance of reducing debt.

[Guest]

Yeah, we have seen how well the Junior Bush tax cuts worked. Let's try something that has a good chance of reducing debt.

I know; they were soooooooo bad, that Obama kept them, rather than face getting booted in his skinny rear end.

Try another one. This boat ain't sailin'

[Guest]

when the fluff stops flying the only thing that will work to reduce the debt is to reduce spending. And it has been obvious for many years that is not going to happen.

Knowing it is not going to happen and no intents or efforts to reduce spending only equates to remaining in debt. But those that are so knowledgeable of the continued spending and no reductions continue to add programs that require ADDITIONAL spending. Like those before him but with bigger numbers, Obama continues to raise the debt ceiling.

The tax increases being proposed will not amount to a drop in the bucket. The impact on the CONTINUING rising deficit will get lost in the rounding of the numbers.

I believe the politicians do not really care. I believe they have it calculated how far they can go while they are in office and continue business as usual, when they know it will not go bust during their tenure....BUT THEY KNOW IT WILL BE GOING BUST.

Without reduced spending and a balanced budget the only accomplishment will be CONTINUED JACKJAWING!!!!

btk

[Guest]

I just debunked that bit on Facebook a few days ago.

When you go to the OBM, you get the truth.

It's not pretty for Obama, looks even worse for Bush (depending on your opinion) but there has NOT been $6.5T added to the debt since Obama took office and, in fact, Obama's budgets actually SHRANK the deficit (albeint not by much) that he inherited from Bush.