Deficit streak ends: Obama sees first monthly surplus

Discussion in 'Politics' started by Crabtownboy, May 7, 2012.

  1. Crabtownboy

    Crabtownboy
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    Republicans and Obama haters will absolutely hate this news. Could be the Washington Times did not like publishing this story ... but to their credit they do say since the "financial collapse at the end of the George W. Bush administration ........

     
  2. carpro

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    It's good to see that Republicans in Congress have slowed spending, at least a little.

    It won't last.
     
  3. mandym

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    Not seeing anyone else report this.
     
  4. Bro. Curtis

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    Soaking the taxpayers for government excess is good news ?
     
  5. Arbo

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    Why would any American who is concerned about the nation's fiscal state look at this as anything other than good news (assuming its accuracy)?



    Republicans and Obama haters. Your partisan bitterness is showing. Time to step away from the cool-ade.
     
  6. Crabtownboy

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    There are many who put politics ahead of what is good for the country IMHO. Remember when a talk show host said he hoped Obama would fail. Well, I am sure he does not like the news in this thread.

    Actually Arbo I am not bitter. There are so many anti-Obama threads started it just seems fair for a few threads showing that not all it bad and getting worse should be posted.
     
  7. Bro. Curtis

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    Sorry, I don't see confiscatory taxes being wasted to pay down government excess is good news. I'm crazy like that.
     
  8. Arbo

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    I agree. Three examples: Obama, Pelosi, and Reid (Health care, Stimulus, Stimulus II).

    I remember a recent period of eight years of much more than that.
     
  9. mandym

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    Which is questionable since it is not being reported by anyone else independently.
     
  10. Arbo

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    Thus my qualifier.
     
  11. InTheLight

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  12. TC

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    When the total national debt is going up every year, borrowing and spending a little less than projected does not a surplus make. If my bank will loan me $10,000 for a car and I find one for $8,000, I do not have a $2,000 surplus - my total debt to the bank went up by $8,000.
     
  13. Salty

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    Crabby, are you afraid to even type the name of Rush Limbaugh. But lets not take the comment out of context.
    What Rush wanted was for the POLICIES of Obama to fail - and rightfully so.


    TC, You realize that when you present such facts, as you did above, it is going to make it very hard for Crabby to prove his point.
     
  14. Robert Snow

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    This is a lie! Limbaugh wanted the country to suffer under Obama so the country would vote the idiot republicans back in that destroyed our economy in the first place.
     
  15. Crabtownboy

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    No, in his initial statement Rush did not just mean politics. He meant exactly what he said regardless of the harm to the nation. He backtracked when he saw the backlash to his statement.
     
  16. Salty

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    Quote slightly changed

    Read the statement

    Watch this video


    I do have a question for Crab and RS -

    Did you pray for President Bush when he was in office?
     
    #16 Salty, May 8, 2012
    Last edited by a moderator: May 8, 2012
  17. seekingthetruth

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    Actually, if Obama's policies were good for the country I would support him.

    But as it is:

    I want this so-called ObamaCare to fail because it was a joke from the very beginning. We need health care reform, but it should come from reigning in the costs of insurance and litigation, not socialized medicine.

    I want his immigration policies to fail because our borders need to be sealed. Our jobs need to be protected, and most of all, we need to know who is roaming our streets and neighborhoods.

    I want his policy on medical marijuana to fail because marijuana is an illegal recreational drug, not a medical one.

    I want his foreign policy to fail because pulling out of Iraq too soon was a political move to please the liberal voters, but it was bad for international peace. We will be back fighting in Iraq within a few years because the job was not finished. His top military advisors were against pulling out, but then, they aren't running for reelection.

    I want his energy policy to fail. Green energy is many years away from being practical. My truck runs on gas, not wind or solar power. Build the keystone pipeline and ease the restrictions on domestic drilling.

    I want his social policies to fail because unborn children do have rights, and we shouldn't reward immorality by changing the definition of marriage. There is no war on women or the poor, these are just lies made up to sway gullible voters. Besides, has a poor man ever provided a job with benefits for anyone?

    Yeah, I want him to fail, not because of who he is, but because of the direction he is taking this country.

    John
     
  18. Crabtownboy

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    Of course.
     
  19. seekingthetruth

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    Is that picture in your avatar you? Or is it Warren Buffett?

    John
     
  20. targus

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    From the OP article...

    “Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said."

    It may be a little too early to celebrate - it's simply a revenue recording timing thing...

    Not due to any spending cut backs.
     

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