The AUDACITY OF A DOPE

Barack Obama is attacking America and blaming Republicans again for the financial mess this country is in. Is the truth beyond this man or is he just totally convinced that records are not kept and the people are not capable of finding out on their own?

At a Labor Day speech in Milwaukee, Obama said Republicans are betting that between now and the Nov. 2 elections, Americans will forget the Republican economic policies that led to the recession. He said Republicans have opposed virtually everything he has done to help the economy, and have proposed solutions that have only made the problem worse.

“That philosophy didn’t work out so well for middle-class families all across America,” Obama told a cheering crowd at a labor gathering. “It didn’t work out so well for our country. All it did was rack up record deficits and result in the worst economic crisis since the Great Depression.” Obama is now blaming Republicans again for the deficit that HE and a democrat House and Congress quadrupled! (The Audacity of a Dope)

He said Repubicans have consistently opposed his economic proposals and seem to be running on a slogan of “No, we can’t,” playing off his 2008 presidential campaign mantra of “Yes we can.” “If I said fish live in the sea, they’d say no,” Obama said.

Obama babbled again today about inheriting a huge deficit from Bush. Amazingly enough,…… a lot of people swallow this nonsense. So once more, a short civics lesson.

Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

*For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009. Let’s remember what the deficits looked like during that period: (below)

If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is I inherited a deficit that I voted for. Below are US Department of Treasury statistics from the Bureau of the Public Debt. There are some liberals that claim Clinton left a surplus – To them I say, “produce it.”

Where was this mythical Clinton surplus?

Clinton
01/20/1993 – US Debt: $4,188,092,107,183.60
01/19/2001 – US Debt: $5,727,776,738,304.64

Bush
01/19/2001 – US Debt: $5,727,776,738,304.64
*01/20/2009 – US Debt: $10,626,877,048,913.08 (Nancy Pelosi and Harry Reid’s pile on help)

Obama
01/20/2009 – US Debt: $10,626,877,048,913.08
03/01/2010 – US Debt: $12,507,536,462,861.04

Source: U.S. Department of the Treasury, Bureau of the Public Debt

Draw your own conclusions!

Brian Gray

Leave a Reply

Your email address will not be published. Required fields are marked *