Can our children afford to be forced to handle anymore Obama debt?
08-13-2012, 10:56 AM
#21
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lol ^WHS. But the last time I ran, was never.... I would, but I am not old enough...and I don't owe a bunch of rich people favors for getting me where I am today.... so I could never run.
I have seen Obama 'supporters' and Romney 'supporters', but if I am reading your post correctly, I think you are the first one that actually thinks they are a good candidate on a merrrit based onther than 'the least of the evil' logic? wow....
We need a guy who hasn't been corrupted and 'career politician' to run for president. They don't need to be a genious and know every statistic of everything that happens which you can really only get by being a career politician. That is what advisors and cabinet is for. Rather we need a stong willed leader with common sense. None of this spending others fortunes (that you will owe later) wishy washy trying to get elected nonsense. Show up to a debate, speak your mind, and move on. If you are good enough word of mouth will get around, there is no need to travel to extravagant balls or 'fundraising events' around the US again, building up that personal 'debt to the mob' and lying and trying to appease to get votes crap.
This is what I mean.....
http://www.hulu.com/watch/348496
But still I think this is the lesser of two evils....unfortunatly.
I have seen Obama 'supporters' and Romney 'supporters', but if I am reading your post correctly, I think you are the first one that actually thinks they are a good candidate on a merrrit based onther than 'the least of the evil' logic? wow....
We need a guy who hasn't been corrupted and 'career politician' to run for president. They don't need to be a genious and know every statistic of everything that happens which you can really only get by being a career politician. That is what advisors and cabinet is for. Rather we need a stong willed leader with common sense. None of this spending others fortunes (that you will owe later) wishy washy trying to get elected nonsense. Show up to a debate, speak your mind, and move on. If you are good enough word of mouth will get around, there is no need to travel to extravagant balls or 'fundraising events' around the US again, building up that personal 'debt to the mob' and lying and trying to appease to get votes crap.
This is what I mean.....
http://www.hulu.com/watch/348496
But still I think this is the lesser of two evils....unfortunatly.
08-13-2012, 11:32 AM
#23
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08-13-2012, 07:42 PM
#24
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OMG so much 
in this thread.
I am not Obama's biggest fan, I do not think of him as the savior of my people, and I do not think he is perfect, but....
Deficit Impact of "Obamacare"
The 2011 comprehensive CBO estimate projected a net deficit reduction of more than $200 billion during the period 2012–2021.[183][184] CBO estimated in March 2011 that for the 2012–2021 period, the law would result in net receipts of $813 billion, offset by $604 billion in outlays, resulting in a $210 billion reduction in the deficit.[183]
As of the bill's passage into law in 2010, CBO estimated the legislation would reduce the deficit by $143 billion[185] over the first decade, but half of that was due to expected premiums for the C.L.A.S.S. Act, which has since been abandoned.[186] Although the CBO generally does not provide cost estimates beyond the 10-year budget projection period (because of the great degree of uncertainty involved in the data) it decided to do so in this case at the request of lawmakers, and estimated a second decade deficit reduction of $1.2 trillion.[180][187] CBO predicted deficit reduction around a broad range of one-half percent of GDP over the 2020s while cautioning that "a wide range of changes could occur"
Source: Wikipedia
Read it or STFU
Federal debt held by the public as a percentage of GDP, historical data from 1790 to 2009, with projections until 2035. The extended-baseline scenario adheres closely to current law, following CBO’s 10-year baseline budget projections through 2020 (with adjustments for the recently enacted health care legislation) and then extending the baseline concept for the rest of the long-term projection period. The alternative fiscal scenario incorporates several changes to current law that are widely expected to occur or that would modify some provisions that might be difficult to sustain for a long period.
Source: Wikipedia
The U.S. budget situation has deteriorated significantly since 2001, when the CBO forecast average annual surpluses of approximately $850 billion from 2009–2012. The average deficit forecast in each of those years as of June 2009 was approximately $1,215 billion. The New York Times analyzed this roughly $2 trillion "swing", separating the causes into four major categories along with their share:
Recessions or the business cycle (37%);
Policies enacted by President Bush (33%);
Policies enacted by President Bush and supported or extended by President Obama (20%); and
New policies from President Obama (10%).
CBO data is based only on current law, so policy proposals that have yet to be made law are not included in their analysis. The article states that "President Obama's agenda ... is responsible for only a sliver of the deficits", but that he "...does not have a realistic plan for reducing the deficit...."[37] Presidents do not, acting alone, have constitutional authority to levy taxes or spend money; all such proposals must originate in Congress, but the President has a veto over new laws, and his priorities influence Congressional action.[38]
Again, I don't see him as being perfect, but please put down the Kool-Aid and read something based in fact before you go ranting away.
in this thread.I am not Obama's biggest fan, I do not think of him as the savior of my people, and I do not think he is perfect, but....
Deficit Impact of "Obamacare"
The 2011 comprehensive CBO estimate projected a net deficit reduction of more than $200 billion during the period 2012–2021.[183][184] CBO estimated in March 2011 that for the 2012–2021 period, the law would result in net receipts of $813 billion, offset by $604 billion in outlays, resulting in a $210 billion reduction in the deficit.[183]
As of the bill's passage into law in 2010, CBO estimated the legislation would reduce the deficit by $143 billion[185] over the first decade, but half of that was due to expected premiums for the C.L.A.S.S. Act, which has since been abandoned.[186] Although the CBO generally does not provide cost estimates beyond the 10-year budget projection period (because of the great degree of uncertainty involved in the data) it decided to do so in this case at the request of lawmakers, and estimated a second decade deficit reduction of $1.2 trillion.[180][187] CBO predicted deficit reduction around a broad range of one-half percent of GDP over the 2020s while cautioning that "a wide range of changes could occur"
Source: Wikipedia
Read it or STFU
Federal debt held by the public as a percentage of GDP, historical data from 1790 to 2009, with projections until 2035. The extended-baseline scenario adheres closely to current law, following CBO’s 10-year baseline budget projections through 2020 (with adjustments for the recently enacted health care legislation) and then extending the baseline concept for the rest of the long-term projection period. The alternative fiscal scenario incorporates several changes to current law that are widely expected to occur or that would modify some provisions that might be difficult to sustain for a long period.
Source: Wikipedia
The U.S. budget situation has deteriorated significantly since 2001, when the CBO forecast average annual surpluses of approximately $850 billion from 2009–2012. The average deficit forecast in each of those years as of June 2009 was approximately $1,215 billion. The New York Times analyzed this roughly $2 trillion "swing", separating the causes into four major categories along with their share:
Recessions or the business cycle (37%);
Policies enacted by President Bush (33%);
Policies enacted by President Bush and supported or extended by President Obama (20%); and
New policies from President Obama (10%).
CBO data is based only on current law, so policy proposals that have yet to be made law are not included in their analysis. The article states that "President Obama's agenda ... is responsible for only a sliver of the deficits", but that he "...does not have a realistic plan for reducing the deficit...."[37] Presidents do not, acting alone, have constitutional authority to levy taxes or spend money; all such proposals must originate in Congress, but the President has a veto over new laws, and his priorities influence Congressional action.[38]
Again, I don't see him as being perfect, but please put down the Kool-Aid and read something based in fact before you go ranting away.
08-13-2012, 08:03 PM
#26
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Wow, not sure if I should be surprised that I posted all that and that was the best response you could come up with, but all me to reiterate, just in case you had your fingers in your ears while I was talking last time.
The U.S. budget situation has deteriorated significantly since 2001, when the CBO forecast average annual surpluses of approximately $850 billion from 2009–2012. The average deficit forecast in each of those years as of June 2009 was approximately $1,215 billion. The New York Times analyzed this roughly $2 trillion "swing", separating the causes into four major categories along with their share:
Recessions or the business cycle (37%);
Policies enacted by President Bush (33%);
Policies enacted by President Bush and supported or extended by President Obama (20%); and
New policies from President Obama (10%).
The U.S. budget situation has deteriorated significantly since 2001, when the CBO forecast average annual surpluses of approximately $850 billion from 2009–2012. The average deficit forecast in each of those years as of June 2009 was approximately $1,215 billion. The New York Times analyzed this roughly $2 trillion "swing", separating the causes into four major categories along with their share:
Recessions or the business cycle (37%);
Policies enacted by President Bush (33%);
Policies enacted by President Bush and supported or extended by President Obama (20%); and
New policies from President Obama (10%).
08-14-2012, 08:17 AM
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08-14-2012, 09:07 AM
#30
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im glad someone brought up this thread, if obama stays in, our country will become a socialist nation and we wont have freedoms and the national debt will be well over 20 trillion by then, so no we cant afford to have him win