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Figures don’t lie

October 3, 2013

In arguing for bigger government, President Barack Obama is being more than a little dishonest. He insists he is reducing the spending deficit — but he is not....

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(37)

Auntydem

Oct-03-13 8:31 AM

Since the House Republicans already passed Paul Ryan's budget numerous times, and it calls for raising the debt ceiling for years, their public outrage over raising the debt ceiling is just another farce.

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deerhunt

Oct-03-13 10:25 AM

Aunty , are you saying full speed ahead with the spending? I am sure are kids will figure out how to pay for it.

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JReader

Oct-03-13 11:35 AM

Isn't funny how when on the extremely rare occasion a budget gets balanced the president takes credit for it yet when deficits rule the day and a debt ceiling needs to be raised it always the fault of congress ? Well it's certainly that way if you're President Obama, well not the part about a balanced budget. We won't ever see one of those during his presidency.

Obama has achieved the milestone of collecting a record amount of tax revenue for the federal government yet has still been able to outspend these record revenues to a tune of 700 billion. He has been the costliest president in history and he still has more than two years left in his term. His idea of hope and change is nothing more than dollar signs.

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deerhunt

Oct-03-13 12:19 PM

Very true.

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Zorromcgee

Oct-03-13 4:41 PM

of the last 5 presidents the 3 who raised the debt by the largest percentage were in order-reagan, bush 2, bush 1-according to business insider magazine

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JReader

Oct-03-13 5:40 PM

Reagan 1.412 trillion (2 terms) GHW Bush 1.03 trillion (1 term) GW Bush 3.294 trillion (2 terms) Obama 5.073 trillion (1 term)

Percentage increases do seem greater when you are dealing with smaller numbers. Nice try though - Zorro.

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Auntydem

Oct-03-13 7:07 PM

Deerhunt - Too difficult to comprehend that the GOP voted to raise the debt ceiling , or you just don't like hearing it?

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Auntydem

Oct-03-13 7:14 PM

Re: record amount of tax revenue.

Tax revenue collected in fiscal year 2013 revenue is, by a small margin, Uncle Sam's largest haul when measured in current dollars. But as a percentage of the total American economy, federal tax revenues remain well below historical averages. At less than 17 percent of U.S. GDP, federal revenue for FY 2013 is near historically lows. - Congressional Budget Office

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survivor

Oct-04-13 2:29 AM

deerhunt,

"Are kids." Did you even graduate from high school? Shouldn't it be "our kids?" If you don't even know basic grammar, well maybe you need to go back to school...

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deerhunt

Oct-04-13 7:51 AM

Auntydem, both parties are guilty of overspending in the past. I am concerned about what is happening today, how are our kids going to pay for it? ***************BEWARE - GRAMMAR POLICE ARE ON PATROL*************** I went to New Ulm public -and graduated - "B" student - maybe I just ain't got good grammar.

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Zorromcgee

Oct-04-13 9:16 AM

JR-percentages put it into perspective. ANd JR-where is the proof that everyones health care costs will go up "10 fold"? Are going to man up and admit that was a foolish statement or are you going to back it up with facts?

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Integrity

Oct-04-13 9:39 AM

How about next election, instead of the masses bickering like Congress about party lines, let's all agree to vote non-incumbent and start trying to get our voices heard that we don't want this complete disregard for constituents and complete dedication to one's party. If we, the public, can't realize that's exactly what's going on, then maybe you should be careful about voicing your opinions of "uneducated" about others.

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Integrity

Oct-04-13 9:41 AM

NEWS FLASH....this current government shutdown has NOTHING to do with health care. Obamacare is simply the scapegoat issue for Congress and the President to dig in and pit against each other instead of working together.

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JReader

Oct-04-13 10:21 AM

Zorro,

For starters the ten fold is for the average family of four. You know the ones that Obama promised to see a decrease of $2,500.00 ? If I didn't make that clear enough for you - my bad. Second, I said health care costs - not just premiums so you were confused on that point. To me health care costs include both premiums and out of pocket expenses that will increase directly due to Obamacare. Also, cafeteria plans are being eliminated under Obamacare which will also increase the tax burden for many families who now utilize them.

Ten-fold may ulimately be understated for many households.

You can choose to ignore any or all of it - that's your perogative. I see Obamacare as a bad law and there are many things that need to change with it. I'm all for healthcare reform but this law is just the wrong way to approach it. There is nothing affordable about the so-called Affordable Care Act.

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JReader

Oct-04-13 10:29 AM

Zorro,

Here is a little math word problem for you. President "A" has a national debt of 1 trillion dollars. While he's in office it increases by a whopping 50%.

President "B" has a national debt of 5 trillion dollars. While he's in office debt increases by only 20%. Which president has increased the debt more in total dollars ?

I'll help you out here - it's President "B". As a matter of fact his increase was twice as much as President "A" even though his percentage of increase was only 20% compared to 50% by President "A".

You don't have to worry - there own't be a quiz on this later. Our grandkids better understand this kind of math though; they will be the ones paying for it.

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Zorromcgee

Oct-04-13 5:06 PM

JR-you provide no proof-simply fear passed off as fact-where are these increases coming from in health care costs. provide some actual facts -not predictions, not fear-facts-show me a breakdown on how a average family of will see their healthcare costs increase 10 fold-because you have not done it yet.

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Zorromcgee

Oct-04-13 5:09 PM

JR-what is the point of your word problem other than to prove me right? I clearly asked in my post which of the previous 5 presidents had increased the greatest percentage. So thanks for confirming the facts I posted anyway

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Reason2Puke

Oct-04-13 5:43 PM

Zorro, you fail to understand, well, pretty much everything, but in this case, you don't get the fact that you don't pay interest on percentage of increase, you pay interest on the raw dollars. Reagan was a long ways from the financial tipping point. Unfortunately, this president has found it and we won't have to wait for our grandkids, we are all screwed now.

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middleclassworker

Oct-04-13 7:50 PM

Voting out all the incumbents will do no good since the same lobbyists and party insiders will still be in Washington like they have been for decades. Most of our legislators are merely puppets to their party leaders and are bought and paid for by lobbyists.

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Reason2Puke

Oct-04-13 8:56 PM

Middleclass, are you a closet Tea Party Patriot? I think you just articulated their platform.

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middleclassworker

Oct-05-13 2:23 PM

My comment also applies to the Tea Party. They are owned by lobbyists, too.

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Reason2Puke

Oct-05-13 3:07 PM

Name the lobbyist or government political elite organization that the Tea Party movement is associated with. They are a grass roots organization started by people who are sick of our overarching, overreaching federal government.

I am not a member, and I have never attended any of their events, but I do know that they are the exact opposite of what you think, and have been told they are.

People are starting to wake up to the fact that our country is being controlled by the elite political class, with not a nickel's worth of difference between the progressive democrats and the establishment republicans. LOSERS ALL!

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Auntydem

Oct-05-13 3:36 PM

A 2012 study funded by the National Cancer Institute of the National Institute of Health found that Freedomworks and Americans for Prosperity were once a single organization called Citizens for a Sound Economy. CSE was founded in 1984 by David and Charles Koch when tobacco companies began to invest in third party groups to fight excise taxes on cigarettes, as well as health studies finding a link between cancer and secondhand cigarette smoke.

In 2002, the Kochs and tobacco-backed CSE designed and made public the first Tea Party Movement website under the web address usteaparty dot com. In September 2011 the U.S. Tea Party site was taken offline. According to the DNS registry, the web address is now owned by Freedomworks.

The "grassroots" movement was created by billionaires and large corporations with little interest in fighting for the rights of the common person, but instead using the common person to fight for their own agenda.

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Reason2Puke

Oct-05-13 5:57 PM

The elites, establishment republicans and RINO's who tried to co-opt the movement have been flushed from the Tea Party. Sorry Auntydem, try to keep up, or quit doing selective research.

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Reason2Puke

Oct-06-13 2:53 PM

You are embarrassing yourself agitprop. Come back if you ever stumble upon a clue. Maybe you can start by Google searching who promoted and who filibustered the Civil Right Act. I'm sure you won't find what you would expect.

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