How much did the deficit balloon in Obama's first full fiscal year?

[Freeper]

Soral Donating Member (58 posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Mon Oct-25-10 04:40 PM
Original message
How much did the deficit balloon in Obama's first full fiscal year?
   
I know the answer... Do you?

The U.S. government's fiscal year begins on October 1 (2009) of the previous calendar year and ends on September 30 (2010) of the year with which it is numbered.

That means, this last Fiscal Year... was actually Obama's first full fiscal year he was in control of.

Any guesses?

The answer is $122,000,000,000. 122 Billion dollars.

Oh........ Did I happen to mention thats NEGATIVE $122 BILLION??

________________

The US deficit shrank nine percent last fiscal year but still topped one trillion dollars, the government said Friday in a report seized on by Democrats' rivals weeks ahead of mid-term elections.

For the 2010 fiscal year that ended on September 30, the government had a budget shortfall down 122 billion dollars from the previous year's record-setting high.

Revenue rose and spending fell amid recovery from recession and as President Barack Obama's Democratic administration wound down some of the emergency measures taken to restore growth.

http://www.rawstory.com/rs/2010/10/democrats-shrank-spe... icit-fiscal-year-figures-show/

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9385663

They are really trying to spin all this.

Proud Liberal Dem Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Mon Oct-25-10 04:56 PM
Response to Original message
1. Whatever it is   Updated at 4:53 PM
   
it is surely FAR less than whatever the Republicans are claiming. In fact, I believe that Obama- in his finest hour to date- actually schooled the Republicans on this very topic when he attended their retreat last winter. Of course, I can only speak for what the reality-based community accepts as fact. I have absolutely no idea what it is in the bizarro world the Republicans live in. :eyes:

Uh huh keep lying to yourself.

girl gone mad Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Mon Oct-25-10 09:29 PM
Response to Original message
3. Not nearly enough.
   
To get the real economy back to work, the deficit needs to be much higher right now.

1+1= Potato.

 

The sad part is the people with the purse strings right now, think like these morons do.

[true_blood]

Here, we have an example of "EPIC FAIL"!

girl gone mad Donating Member (1000+ posts)  Mon Oct-25-10 09:29 PM
Response to Original message
3. Not nearly enough.
To get the real economy back to work, the deficit needs to be much higher right now.

You cannot be serious? 

[JohnnyReb]

1 potato, 2 potato, 3 potato 4. Please Mr. Obama we want more.

Democrat chant.

[Chris_]

[Ballygrl]

I'm really starting to wonder if so many of these kooky posts are started by moles to make the DU look bad LOL.

[Attero Dominatus]

girl gone mad Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Mon Oct-25-10 09:29 PM
Response to Original message
3. Not nearly enough.
  
To get the real economy back to work, the deficit needs to be much higher right now.

 

There's stupidity, and there's so stupid that its a wonder it knows how to talk. Girl Gone Mad is a perfect example of the latter.

[NHSparky]

These people are moles.  No other explanation fits.  But if they are real, we as a species are doomed.  Bring on the comet.

[SSG Snuggle Bunny]

So...

2009 deficit = $1400 billion

2010 deficit = $1200 billion and the ass crumbs swoon

Yet when Bush left office and Obama railed against the deficit it was

$400 billion

[NHSparky]

So...

2009 deficit = $1400 billion

2010 deficit = $1200 billion and the ass crumbs swoon

Yet when Bush left office and Obama railed against the deficit it was

$400 billion

Dude, don't bother trying to figure them out.  They're the ones who still try to claim that Clinton left us a surplus when even the GAO threw the bullshit flag on that over a decade ago.

[BlueStateSaint]

What the lurkers don't, or won't, acknowledge is that the Executive Branch doesn't spend the money.  The Legislative Branch does.  So, which party was in control of Congress? . . . hint--Barack Obama was in that party.

[thundley4]

What the lurkers don't, or won't, acknowledge is that the Executive Branch doesn't spend the money.  The Legislative Branch does.  So, which party was in control of Congress? . . . hint--Barack Obama was in that party.

Obama voted in favor of every spending bill that came before him except one.

[PatriotGame]

Oh........ Did I happen to mention thats NEGATIVE $122 BILLION??

YES!!!111

This is why unemployment is so-low, pre-0bama levels, and the value of the dollar is so high!

[PatriotGame]

I'm really starting to wonder if so many of these kooky posts are started by moles to make the DU look bad LOL.

You wonder???

[jukin]

I know I post this a lot but DUmpmonkeys 1+1 does not equal POTATO.

[BlueStateSaint]

I know I post this a lot but DUmpmonkeys 1+1 does not equal POTATO.

It equals RADISH . . .

[jukin]

It equals RADISH . . .

LOL. I never get that one right.

[Duke Nukum]

These people are moles.  No other explanation fits.  But if they are real, we as a species are doomed.  Bring on the comet.

Some might be moles but, really, do the people who voted for Obama actually think?  At all?

Many of us supported President Bush to various degrees but when he tried to appoint Harriet Miers to the SCOTUS or tried to ram amnesty through, many of us stood up and protested.  Loudly.

DUmmies really only care about getting special rights for various groups within their confederation but they are going to support Obama by twisting reality when it comes to things they don't care about, or even understand, like numbery thingees.

[USA4ME]

Spin won't work.  The deficit under Dear Leader has increased by almost 3 trillion dollars and expected to be even more in years to come if he gets his way, and the people know it.  And after all that, unemployment is still hovering in the 10% range, real unemployment is more in the 17-18% range, and inflation will be coming in a few years to a country near you.

.

[true_blood]

Spin won't work.  The deficit under Dear Leader has increased by almost 3 trillion dollars and expected to be even more in years to come if he gets his way, and the people know it.  And after all that, unemployment is still hovering in the 10% range, real unemployment is more in the 17-18% range, and inflation will be coming in a few years to a country near you.

Great post USA! Scary situation. And yet, DUmmies/libs love the way the direction this Country is going in. Comatose on the brain is all I can come up with. Why would anyone in their right mind say/think that all those listed above are good for any country?! And those listed above are just "some" of the negatives on the imposter and his policies.

[JohnnyReb]

Doing my DUmmie math here...subtract 7... bring down the 9 ... carry the 2... add 4.....A HELLAVA BUNCH.

Next problem.