Before and after Reid and Pelosi

The 2007 fiscal deficit was way more than $165 billion. And the 2008 fiscal deficit was just over $1 trillion. And I will not be surprised at all if the 2009 fiscal deficit is way over $1 trillion.

The information can be found by searching here:

www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm

 

2008 reached the trillion dollar mark under Reid and Pelosi after the recent round of bailouts they rammed through Congress.

Looks like right now , obama will preside over a 5 trillion dollar deficit or more in 2009.

I hope he understands what NO means. But by listening to him , it's not very likely.

 

I don't think so. The 2008 fiscal year ended on September 30. I don't know if the Republican Bush adminstration had spent any of the $700 billion it asked for by then.

 

That makes you a liar when you stated:

 

The Democratic Congress had a big part in the 700 billion, no 850 billion bailout. There is plenty of blame to go around. Since the Bush Administration is now history, it is time to focus forward and solve the problem. Raking the past over the coals serves no purpose.

 

1. Bush asked for the bailouts along with Republican supporters, why do you give all the credit to Pelosi?

2. Why is it Pelosi's deficit when Bush is in Office but Obama deficit when he takes over?

 

Bush is still president, the deficit isn't Obama's until he takes the oath of office.

 

Democrats don't support it, it doesn't happen.

Responsibility comes with being in the majority.

 

Not at all. The federal government has been running $500-600 billion budget deficits for several years before 2008.

It simply went up more during the recession this year that started in December 2007. I have no idea how much of the bailout money was spent by September 30. Do you? So how does that make me a liar? Can you explain your statement?

 

hen the Republican's didn't vote for the first package it didn't happen. So in the house the responsibility was shared.

Lastly, the legislation was signed into law by the president. Without the president it doesn't happen no matter what the Dem's wanted to do. There are not enough Dem's to override the presidents veto.

All the law did was allocate money, Hank is the one giving it out.

There is a lot of responsibility to be shared and you are unfairly putting it on one party. Each party is doing their job in this time of crises.

 

None, it passed the house on Sunday, September 28, 2008. Hank didn't give out a check for a few days after that.

 

[personal attack snipped]

The fiscal year 2008 deficit was $455 Billion, not over a $1 trillion as you stated here:

.

I assumed when you made such a stupid statement that you were referring to calender year instead of the fiscal year. You explained you knew the difference. [personal attack snipped]

 

The trouble with liberals is a decided bias against taking responsibility for their actions, including the responsibility of being in the majority in Congress.

Nothing...and I mean nothing, gets through Congress without the support of the majority party.

 

Do you have a link or are we to take your word for this?

 

I see it just the opposite, it is the GOP trying to dodge responsibility for their actions. Even if nothing can get through the house without the majority party, it doesn't negate the FACT that the minority party voted for the package.

Their president asked for the package, their treasury secretary begged on his knees for the package, their treasury secretary is the only one passing out checks from the package... Will the GOP take responsibility for their actions?

 

Take my word.

I haven't seen you question Kenh's statement and his source doesn't even mention fiscal year deficits.

Why don't you ask him for one that backs up his $trillion claim?

When he does that, I'll give you mine.:thumbs:

 

Gotcha... :thumbs:

 

Of course you do.

 

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