AT&T, Inc. Message Board
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It looks like Obama wants to bankrupt America
The evidence is clear. Just look at the budget Obama has proposed. One must either conclude that Obama is a complete idiot or he has the intention to bankrupt the United States. I don't think Obama is an idiot.
You can view the budget at whitehouse.gov office of management and budget. The summary at the bottom is the most revealing. It shows us 6.7 trillion further in debt at the end of 2022 and that is based on VERY optimistic estimates of growth in our economy.-
In case you didn't notice, Bush already did that. Where have you been? Now let's focus on the 4 dead in Benghazi for a while. The 5000+ U.S. soldiers killed in Iraq died for nothing, but those 4 Benghazi deaths really #$%$ you people off. And then you have the gall to complain about President Obama.
- 1 Reply to mdeare2001
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Which are you Tweedle Dee por Tweedle Dum? The idiots that think their are two sides to these issues are fools. The financial interests that run this country control BOTH sides of any major issue and use fools to keep us divided while they steal all they can get their hands on.
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what consequence came from the end of BUBBLE$?
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"It shows us 6.7 trillion further in debt at the end of 2022"
Sure it does. It also shows reduced spending in Discretionary spending--both defense (reduced $9 billion) and non defense (reduced $45 billion)-- over 2012 spending levels. Long term spending growth comes from Medicare, Social Security, Interest on the debt and Medicaid (most of which goes to elderly/disabled). This mandatory spending is written into the law. The president does not propose reductions to these programs in the budget proposal. This simply reflects what these programs will need under current law. Obama's proposed changes will be in the grand bargain.
But this is what we are dealing with if we don't get old age spending under control and/or raise the revenue to pay for them. This isn't "Obama". This is continuing policy. Look at page 208 in the Summary Tables. The Spending Totals 2013-2022 (10 yr total spending) are:
Discretionary (in billions):
Defense: $7,215
Non-Defense: $5,682
Mandatory:
Medicare: $7,065
Social Security: $10,702
Medicaid: $4,428
TARP: $30
Other mandatory: $6,930
Interest on the debt: $5,889
Disaster Estimates: $80
Sequester: -$490
It also reflects the discretionary spending cu- 1 Reply to ricky18201
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No comment from the peanut gallery?
None of the usual conservative cries to cut the . . . (total proposed spending, next 10 years in billions)?
Dept of Energy: $175
Education: $740
EPA: $92
International Aid: $1.3
Pg. 240 of the proposed budget.
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Didn't he campaign for re-election promising a $ 4 trillion reduction in the Federal deficit during his 2nd term? Seen a plan for that yet?
- 1 Reply to commishfree1
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"promising a $ 4 trillion reduction in the Federal deficit"
How ridiculous. The deficit has never come close to approaching $4 trillion. Americans aren't as dumb as you need them to be.
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"Obammy" is "buna" (!!)
- 1 Reply to zonbac89
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zombie69, is this really you?
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