You still believe the media myth that George Bush was the big spender compared to Obama? Go away Liberal troll.
The following chart shows the total Government debt from 2000 and beyond, expressed as a percentage of GDP:
Notice during the early George Bush years that debt rose in direct correlation to 9/11, hurricane disasters, and engagement in multiple massive wars. Incredible amounts of anti-terror infrastructure, CIA black sites, Guantanamo Bay, airport security, and military and defense build-up took place, including creating the highly successful drone program that Obama wishes he could take credit for. Stuxnet, which wiped out Iran’s centrifuge program with a super sneaky computer virus? Sorry, that is also thank you George Bush.
What stands out most is not how massively efficient George Bush’s accomplishments were compared to the debt incurred by Obama, it is what happens in 2007. Democrats took full control of Congress. A truly scary time in our history. By the time Obama takes office, the percentage of debt to GDP rises nearly 25%. Housing collapse you say? Well, sure. It was a huge factor. A Democrat factor. One that George Bush tried to prevent multiple times and was blocked each time by Democrats like Barney Frank, Franklin Raines, Barbara Boxer, and Maxine Waters screaming faux-racism. Truth be told, you should ask Bill Clinton who really started that Greek tragedy rolling.
Next, enter Obama. Debt rising astronomically. Economy on the cliff. Instead of pulling back or producing a rational solution, our faux-Nobel Peace Prize liberal decides he’s not going to let reality contain his arrogance. Off he goes with a liberal wink at jobs to foist Obamacare. Actually, there was the failed Chicago Olympic quest, Union Card Check, Global warming carbon scams, and a few other hiccups in road like giving GM to the Unions to get out of the way first.
Gasoline was $1.84 the day Obama took office. For the bulk of his first term and through today his anti-capitalism and faux-domestic energy
policies have contributed to one of the biggest generational thefts besides Obamacare, in the form of gasoline prices against the American people. Catalyzed by the suppression of oil drilling on the east, west, and Gulf coasts shortly after Obama took office. $100 Billion wasted on Solyndra-like green subterfuges. Pretend-stimulus programs that in reality were epic wealth transfers to blue State budget shortfalls and union jobs and pensions.
Even after adjusting for inflation and population growth, entitlement transfers to individuals have grown 727% over the past half-century, rising at an average rate of about 4% a year.
Don’t even think about taking a look at the capitalism-stifling regulations that have recently been announced or the FED’s program to spend $40 Billion each month, indefinitely, to prop up the stock market.
Nearly everything Obama says in public are lies. Carefully crafted and parsed words, directionally-correct, lawyered-up speeches designed to fool the entitlement class and the less fortunate who can’t discern the propaganda. But the debt Obama has created with help from the Democrats is very real, as is his army of palms-upturned supporters who, mostly by sheer ignorance, keep this disaster rolling.
Most of the things Obama has done in his first term should have cost him the second term election… jobs, wars, gas prices, Obamacare, green energy disasters, EPA overreach, foreign policy failures, eight embassy attacks, including Benghazi where four Americans were negligently sacrificed by the State Department. Not to mention 23 million real unemployed. History will be analyzing that list for years to come for it’s inability to hold him to account for his own actions and inactions. In the meantime, the American suffering and lies will continue. As will the skyrocketing and unsustainable debt.
Two and a quarter centuries of American experiment resisted putting a liberal minority in power. What was it they knew? What was it the public feared? What could be so absolutely dangerous that it was never done since the founders originally set us free?
Now he’s “more hopeful.” Now he tells us he “doesn’t think (he) has all the answers,” which he said he had four years ago. Suddenly, after four years, he is now aware of the magnitude of the nation’s challenges.
“If you turn away now, if you buy into the cynicism that the change we fought for isn’t possible … well, change will not happen,” Obama said. “If you give up on the idea that your voice can make a difference, then other voices will fill the void. … Only you can make sure that doesn’t happen.”
The president stressed that he still has the “hope.”
“As I stand here tonight, I have never been more hopeful about America. Not because I think I have all the answers. Not because I’m naive about the magnitude of our challenges,” he said. “I’m hopeful because of you … If you share that hope with me, I ask you tonight for your vote.”
One of the biggest lies on the Obama campaign trail is that the bailout of GM was successful. By that he means 20,000 Delphi workers ‘successfully’ lost their pensions while union worker pensions were propped up. In other words, theft.
via Michelle Malkin:
The claims that GM paid back its taxpayer-funded loans “in full” — a story peddled in campaign ads narrated by Hollywood actor Tom Hanks — were debunked by the Treasury Department’s TARP watchdog this summer. GM still owes nearly $30 billion of the $50 billion it received, and its lending arm still owes nearly $15 billion of the more than $17 billion it received. Bailout watchdog Mark Modica of the National Legal and Policy Center adds: “In addition to U.S. taxpayers anteing up, Canada put in over $10 billion, and GM was relieved of about $28 billion of bondholder obligations as UAW claims were protected. That’s an improvement of almost $90 billion to the balance sheet, and the company still lags the competition.”
via Michelle Malkin.
Who could have foreseen that a Senator who had
boldness arrogance to write a memoir before ever accomplishing anything, and who voted ‘present’ 129 times on critical legislation would go on to become President, let alone “President Incomplete?”
For his part, President Obama needs to change direction—immediately and decisively. His campaign strategy has been to divide the country on the basis of class, demonize the wealthy, call for higher taxes and unceasingly attack Mr. Romney. Yet poll after poll has shown that while voters embrace the idea of higher taxes on the rich, it does not translate into votes.
Imagine if Mitt Romney showed up the day before the Olympics were to start and says, “Sorry guys. My job is incomplete. You’ll just have to deal with it and should consider keeping me on for having done such a great job.” The response would have been, “You’re fired!”
November will not be kind to the Liberals.
Are you better off than 4 years ago?
U.S. manufacturing shrank at its sharpest clip in more than three years in August while U.S. construction spending in July fell by the most in a year, new reports showed on Tuesday.