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#1 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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Here's what it says on Romney's website: "Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history."
Once again, Romney is lying. The truth? ![]() http://www.marketwatch.com/story/oba...2?pagenumber=1 I still can't believe Romney's capacity to lie. How can anybody back this guy? |
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#2 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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After adjusting for inflation, spending under Obama is falling at a 1.4% annual pace — the first decline in real spending since the early 1970s, when Richard Nixon was retreating from the quagmire in Vietnam.
In per capita terms, real spending will drop by nearly 5% from $11,450 per person in 2009 to $10,900 in 2013 (measured in 2009 dollars). (Ibid.) I guarantee you one thing, if Romney gets elected, spending will go up. |
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#3 | |
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Ring of Famer
Join Date: Apr 2005
Location: Boulder, the bastion of communism.
Posts: 3,663
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Quote:
*2009 stimulus assigned to Bush. $825Billion Stimulus. Uh, no. Obama signed that into law. It is NOT re-assigned to Bush. |
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#4 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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There can be disagreements about what to assign to whom, but Romney's statement is still bull****.
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#5 | |
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Ring of Famer
Join Date: Apr 2005
Location: Boulder, the bastion of communism.
Posts: 3,663
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Quote:
Spending under Obama? • 25.2% of GDP in 2009 • 24.1% of GDP in 2010 • 24.1% of GDP in 2011 • 24.3% (estimates by the White House ) in 2012 If Obama wins reelection, spending according to his budget would never be less than 22.3% of GDP. Under that forecast the AVG spending would be 23.6% of GDP for his 8 years in office. |
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#6 |
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It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
I support whom ever is going to give me the most free stuff.
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#7 | |
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Ring of Famer
Join Date: Nov 2006
Posts: 3,842
Adopt-a-Bronco: None |
Quote:
See: Drop in GDP. See Also: Recession |
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#8 | |
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Not a Chief's board
Join Date: Sep 2003
Posts: 5,387
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Quote:
Do you blame others for fixing your mistakes ? Guess so with this clueless response. Every bit of spending associated with fixing a recession that Bush created belongs on his plate. Pull your ignorant lying head out of your ass. Romney lying twin unable to grasp reality. |
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#9 |
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jungle
Join Date: Aug 2009
Location: Louisville, CO
Posts: 5,191
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#10 |
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jungle
Join Date: Aug 2009
Location: Louisville, CO
Posts: 5,191
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...and if so, what in the world has Obama done to deserve re-election?
If not, then continuing to spend 24% of GDP is preposterous, and still the man does not deserve re-election. |
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#11 | |
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Not a Chief's board
Join Date: Sep 2003
Posts: 5,387
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Quote:
You truly set the bar low. Everyone knows we are still recovering from the recession and I don't believe your 24% nonsense. How convenient of you to forget spending on two wars and a recession your party created.... Put all that on OBAMA's plate..............bet your good at blaming others for your problems because you aren't man enough to tell the truth. |
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#12 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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As I've documented before, the CBO reported in January, 2009 that the federal budget deficit for that fiscal year, which began on October 1, 2008, was already $1.2 trillion. President Obama's additional '09 spending added another $200 billion to the deficit, bringing the total to $1.412 trillion. Unprecedented and huge, but given the enormity of the financial crisis and the depth of the recession, there weren't many other options on the table. Add two wars into the mix and there you go.
But since then, deficit spending has dropped precipitously. Why? Chiefly because President Obama signed the Statutory Pay-As-You-Go Act in February, 2010, which mandates that new spending be offset with spending cuts or new revenue. Yes, a Democratic president and a Democratic Congress passed this legislation. Guess how many congressional Republicans voted for the law. Zero. Not one. Perhaps during this week's debate, Vice President Biden could ask Rep. Paul Ryan who voted against the bill. Consequently, the president is responsible for the lowest government spending growth in 60 years, according to the Wall Street Journal's Market Watch. http://www.huffingtonpost.com/bob-ce...b_1955561.html |
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#13 | |
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Franchise Poster
Join Date: Apr 2008
Location: Mid-Atlantic
Posts: 15,593
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Great post from Sullivan on Romney's latest lies/flip-flops:
http://andrewsullivan.thedailybeast....a-flopper.html Quote:
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#14 | |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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#15 | |
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Franchise Poster
Join Date: Apr 2008
Location: Mid-Atlantic
Posts: 15,593
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#16 | |
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Just hanging out.
Join Date: Aug 2005
Location: Denver
Posts: 11,072
Adopt-a-Bronco: The Team |
Quote:
Or do we just ignore the administration that created the mess we must now crawl out of? And crawl it will be until Europe and Asia also turn their economies around. Are exports to non-existent markets also the responsibility of the POTUS? |
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#17 | |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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Quote:
That is, until they get a Republican back in there. Then, all responsibility ceases. ![]() |
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#18 |
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Ring of Famer
Join Date: Sep 2002
Posts: 16,312
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You people are a bunch of idiots fighting one another defending or attacking romney, obama, bush etc.
They serve the same global interests/banks/elite. Why in the hell do you think they all united so hard against Ron Paul? Wake up you ****ing sheep. Keep on blaming someone else for the debt. The reality is it's YOUR debt no matter who spent it. It will be your tax burden, your children's tax burden and your grandchildren's tax burden. Last edited by Meck77; 10-11-2012 at 12:09 PM.. |
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#19 | |
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Ring of Famer
Join Date: Aug 2003
Location: The Boredom Capital of the Universe (Everett, WA)
Posts: 2,873
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#20 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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#21 |
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Ring of Famer
Join Date: Sep 2002
Posts: 16,312
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#22 | |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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Quote:
All you did during those years was attack anyone who criticized Daddy's Little War Criminal. |
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#23 | |
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Ring of Famer
Join Date: Mar 2006
Location: AZ
Posts: 5,683
Adopt-a-Bronco: Champ Bailey |
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#24 | |
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Ring of Famer
Join Date: Sep 2002
Posts: 16,312
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Quote:
Ron Paul has it right. Robama has you all fooled. |
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#25 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,856
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