Tuesday, June 19, 2012

Obama’s budget—unprecedented deficits

Obama's Budget Continues Unprecedented Deficits

“The President is responsible for submitting an annual budget to Congress and has the authority to veto legislation, including irresponsible spending. Most Administrations have run small but manageable deficits, but President Obama's unprecedented budget deficits pose serious economic risks.”

http://www.heritage.org/federalbudget/budget-create-deficits#

It seems obvious the the Republicans, until Obama, were the big time spenders.

4 comments:

nancy g said...

Two un-funded wars, un-funded drugs for seniors, record number of people retiring (baby boomers), and tax cuts for all contribute to this. Your comment, 'small, but manageable' is interesting. This debt did not happen overnight, in fact it's been chatted up for years!!! So tell me why, then, is this all Obama's fault???

Norma said...

Actually, that's not my comment. Check the link. I believe Republican presidents were way too careless about deficits. The question is why does Obama blame it all on Bush? Did he not know demographics and amount committed to social programs when he told us all this phony baloney hope and change would fix it? Did he not understand (or didn't care) that you can't increase taxes coming in by threatening to close coal mines, tax medical technology, and have an AG who is corrupt. Really, Nancy, I can't imagine why you continue to support this total failure! But especially the killing of babies. That's just beyond my comprehension for a Christian mother and grandmother.

Nancy g said...

So you acknowledge the demographics. Seems like the hope and change was more directed at taking us to war and the starting to fail economy, and with that we all had hope for change. I know you beat the abortion drum, and from your posts have learned why it's so personal to you. President Obama had nothing to do with your personal issues, nothing,!!!! His parents could have aborted him,,, but chose not to do that. Sme of us who respond we're born with handicaps, and made the best of our lives. My own personal hope and adapting!

Norma said...

That his unwed teen mother chose not to abort him, and yet he is so pro-abortion, for any reason, even when the baby could live outside the womb, tells me a lot of his mixed thought on his own existence!