Subj : Re: Stop Obama To : All From : cdl@live.nail.com Date : Thu Jan 31 2019 19:20:11 Path: eternal-september.org!reader01.eternal-september.org!reader02.eternal-september ..org!news.eternal-september.org!news.eternal-september.org!mx04.eternal-septemb er.org!mx04.eternal-september.org!.POSTED!not-for-mail From: Cade Larson Newsgroups: az.politics,rec.collecting.coins,dfw.politics,wi.general,oh.general Subject: Re: Stop Obama Date: Tue, 06 Nov 2012 15:52:37 -0700 Organization: A noiseless patient Spider Lines: 71 Message-ID: References: <8c490aa3-1308-4ffd-8d08-4fda04b27c01@y8g2000yqy.googlegroups.com> <8432285e-9280-43ed-b5ac-20b620fdcf77@j12g2000vbm.googlegroups.com> Mime-Version: 1.0 Content-Type: text/plain; charset=windows-1252; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Tue, 6 Nov 2012 22:52:25 +0000 (UTC) Injection-Info: mx04.eternal-september.org; posting-host="3661d445171e0190a020d7b95a4d24ec"; logging-data="6973"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX19/9Zk6bQRTMSCMjr7ndJuv54EAFG2Ej1o=" User-Agent: Mozilla/5.0 (Windows NT 6.1; WOW64; rv:10.0.10) Gecko/20121024 Thunderbird/10.0.10 In-Reply-To: <8432285e-9280-43ed-b5ac-20b620fdcf77@j12g2000vbm.googlegroups.com> Cancel-Lock: sha1:TydW/U6Y3+qVOa33eJUv+ohLHD0= Xref: news.eternal-september.org az.politics:2769 rec.collecting.coins:5590 dfw.politics:380 wi.general:22 On 11/6/2012 3:26 PM, Frank Provasek wrote: > On Nov 6, 10:19 am, Cade Larson wrote: >> On 11/6/2012 7:33 AM, Frank Provasek wrote: >> >> >> >> >> >> >> >> >> >>> On Nov 5, 3:00 pm, Cade Larson wrote: >> >>>> In January 2009, the month President Obama entered the Oval Office and >>>> shortly before he signed his stimulus spending bill, median household >>>> income was $54,983. By June 2012, it had tumbled to $50,964, adjusted >>>> for inflation. (See the chart nearby.) That's $4,019 in lost real >>>> income, a little less than a month's income every year. >> >>> The September 2008 collapse caused about $4 trillion in wealth to >>> disappear just in the United States. That's some >>> $13,000 for every man, woman and child. To think that would not >>> affect household incomes adversely for many years is foolish. >>> If anything, the stimulus was not big enough to keep the economy only >>> in mild recession. >> >> The "stimulus" FAILED, less than 4% went to shovel-ready projects, LESS >> THAN FOUR PERCENT!!!!! >> >> Now we have an open-ended 40 BILLION$$ a month from the Fed to infinity >> and beyond!!! >> >> IT FAILED!!! >> >> You taxaholic Dems are spending us into a full on national BANKRUPTCY! > > Taxaholic? > Why yes, that's how we got to an additional 6 TRILLION$$$ of debt under Obama! http://online.wsj.com/ Whether or not Americans choose to believe him, there's no denying the fiscal reality created by the rollout version of President Obama last year, as detailed in the Congressional Budget Office report released yesterday. For the second year in a row, fiscal 2010 will see a trillion-dollar deficit—an estimated $1.35 trillion, or 9.2% of GDP, which is down slightly from last year's post-World War II record of 9.9%. Mr. Obama's major contribution to deficits has been a record spending spree. In 2007, before the recession, federal expenditures reached $2.73 trillion. By 2009 expenditures had climbed to $3.52 trillion. In 2009 alone, overall federal spending rose 18%, or $536 billion. Throw in a $65 billion reduction in debt service costs due to low interest rates, and the overall spending increase was 22%. In one year. CBO confirms that Democrats have taken federal spending to a new and higher plateau: 24.7% of GDP in 2009, 24.1% this year, and back to an estimated 24.3% in 2011. The modern historical average is about 20.5%, and less than that if you exclude the Reagan defense buildup of the 1980s that helped to win the Cold War and let Bill Clinton reduce defense spending to 3% of GDP in the 1990s. This means that one of every four dollars produced by the sweat of American private labor is now taxed and redistributed by 535 men and women in Congress. --- Platinum Xpress/Win/WINServer v3.1 * Origin: Prison Board BBS Mesquite Tx //telnet.RDFIG.NET www. (1:124/5013) .