So … this is Obama’s fault?

This is what total annual federal spending, adjusted for inflation, looks like. The chart is from the FRED database — Federal Reserve Economic Data — maintained by the Federal Reserve Bank of St. Louis:

spending

Blaming federal spending and the deficit on Barack Obama, as Republicans did last night and have done for years now, is like a scene from an old movie. You know the one: The bank robber comes barreling out of the bank, gun in one hand and money bag in the other, with cops hot on his trail.

“Here, hold this for me,” the crook says, handing the bag to someone and then trying to make his getaway. In this case, that “someone” designated to take the fall is a tall, thin black man.

— Jay Bookman

424 comments Add your comment

Fly-On-The-Wall

February 13th, 2013
8:07 am

And the curve looks like it is starting to flaten out as well. But let’s place blame on Obama because….well….uh…er…..Keyan, Marxist, Socialist, istist and anything else they can throw at the wall hoping it will stick.

Fly-On-The-Wall

February 13th, 2013
8:08 am

Dang…I’m buying a lotto ticket on the way home. Firsties!!!

stands for decibels

February 13th, 2013
8:08 am

Ok, Jay, you’re half way there.

Next, you have to stop pretending like there is anything wrong with spending.

Likening it to robbing a flippin’ bank? it is, as they say, Not Helping.

Fly-On-The-Wall

February 13th, 2013
8:10 am

The problem with Rubio’s presentation was that I didn’t hear anything different than what was said during the election cycle. It might play well with the base but for the rest of us it is the same old message and attitude. If the Republicans are going to screw us over more at least smile more and lie to us better.

Fred ™

February 13th, 2013
8:11 am

Of course it’s Obama’s fault. Plus he had drones flying over his inauguration………

http://tinyurl.com/bgbmg9m

Fly-On-The-Wall

February 13th, 2013
8:12 am

Thin black man?? I thought for sure we were just told he has a pot belly? Oh the outrage.

TaxPayer

February 13th, 2013
8:16 am

You don’t believe the GOP would ever acknowledge that they did anything to cause that, do ya. The GOP is like Not Bush City Limits.

Georgia on my mind...

February 13th, 2013
8:17 am

More of the same from Republicans. It is going to be interesting to see the flow of how President Obama will continue to be blamed for all of America’s woes. Georgia has so many problems and he continues to be the center of its problems. We have been under Sonny Perdue and Nathan Deal’s watch for almost twelve years. What have they done to move this state forward? It is nice to know that the American people are more politically involved and can see how the poor/middle class people have kept this country from sinking.

Whatever

February 13th, 2013
8:18 am

I have never held Obama responsible for debt he did not generate. However, he is responsible for helping solve the problems that exist since he is the current president. The next president will be responsible for solving problems he did not create as well.

Bottom line, we have a major debt issue. Bush put us way deeper in debt. I’ve never defended that. I’m looking for someone who will tackle the issue but no one, including Obama, will. They are all afraid of the politics of cuts that need to be made.

Again, I’ll support tax increases that aren’t just going to increase spending. Our tax increases should be paying down our debt. If I have debt at home I don’t get a second job so I can spend more money. I get the second job so I can get out of debt. Tax increases are our second job.

Anyway, nobody wants to tackle this and that’s the real issue.

Corbin Sharpe. I think, therefore I am...I think.

February 13th, 2013
8:19 am

As USinUK would say…”Oy to the vey!”

Whatever

February 13th, 2013
8:21 am

stands,

Maybe Jay is starting to see the truth. Spending in this case can be considered like robbing if the spending is just wasted. I expect the money that is taken from me to be used wisely. If it’s not then robbery is a good analogy.

JohnnyReb

February 13th, 2013
8:23 am

I take this pitty party as a hopeful sign that Obama’s big spending plans have zero chance.

His speech was delivered well and on the surface has admirable goals. The problem is, we can’t afford it.

Raising the minimum wage to $9 is just one example of complete disconnect.

stands for decibels

February 13th, 2013
8:23 am

By the way, speaking of spending AND to answer Peadawg’s question downstairs: for the record, looks like Obama went to the “invest[ment]” well exactly eleven times, in last night’s speech.

Which, in an ~hourlong speech, given our current economic situation, seems about right to me.

Ronald Reagan Parkway

February 13th, 2013
8:24 am

President Barack Obama called for raising the federal minimum wage to $9 an hour and threatened to use executive action on climate change and economic incentives if Congress doesn’t act, laying out an activist second-term agenda that quickly provoked Republicans.

Along with a renewed appeal for votes on immigration and gun control, Obama proposed making preschool available to all 4- year-olds, negotiating a new trade agreement with the European Union and spending $50 billion on “urgent” infrastructure projects. He lauded steps by companies such as Apple Inc (AAPL)., Caterpillar Inc (CAT). and Ford Motor Co (F). to bring manufacturing jobs back to the U.S.

The government should be guided by three questions, Obama said last night in his fourth State of the Union address before a joint session of Congress. “How do we attract more jobs to our shores? How do we equip people with the skills they need to get those jobs? And how do we make sure that hard work leads to a decent living?”

VIDEO: Obama Delivers State of the Union Address
The hour-long speech signaled Obama’s plans to move quickly to leverage his political strength from last November’s re- election by challenging the Republican majority in the U.S. House of Representatives to schedule votes on his agenda. Over the next three days he’ll travel to North Carolina, Georgia and Illinois to promote his agenda.

http://www.businessweek.com/news/2013-02-13/obama-paints-wider-role-for-government-in-middle-class-revival

stands for decibels

February 13th, 2013
8:25 am

I thought for sure we were just told he has a pot belly?

I’m reasonably thin myself, but if I had Obama’s workload + a fulltime chef who’d whip up whatever I wanted at a moment’s notice? I’d look like Jabba the Flippin’ Hut by now

Doc Hollidawg

February 13th, 2013
8:25 am

Federal spending is a federal government problem. Mr. Obama is the Chief Executive of the Federal Government. So yes, it is his fault. And the fault of each Chief Executive prior to him. It is also our fault, the American voting public for who we have put in office to represent us on the legislative level.

The fix is to vote them all out. But we, the American voting public, do have the cojones to do it.

JohnnyReb

February 13th, 2013
8:25 am

BTW Jay, Obama’s big spending plans are insane and would be so even if he was a tall, thin, white man.

illyushin

February 13th, 2013
8:26 am

Its clear that, no matter what Obama says or does, Republicans will continue to spout large amounts of withering criticism.

You might think this would worry them since thoughtful people will dismiss any of this criticism as worthless political nonsense.

Unfortunately for us thoughtful folks, America is full of double-digit IQ Republican voters who slavishly believe everything their political masters tell them.

Thomas Heyward Jr

February 13th, 2013
8:27 am

“In this case, that “someone” designated to take the fall is a tall, thin black man.”
.
He’s articulate and clean too.
So I hear tell.

stands for decibels

February 13th, 2013
8:27 am

Raising the minimum wage to $9 is just one example of complete disconnect.

Wrong. Failure to understand that the richest, most powerful nation ever on earth needs to ensure its citizens can earn at least a subsistence by working full time is an example of complete disconnect.

Seriously, if you can’t even grok that much, you’re hopeless, and need to go sit at the kiddie table.

Fred ™

February 13th, 2013
8:27 am

But…….. but…….. but………. BENGHAZI !!!!!!!!!!!!!

stands for decibels

February 13th, 2013
8:28 am

Jay, I don’t gotta do all the heavy lifting here, do I?

Are you going to explain that spending is not the same as robbing a bank?

Redneck Convert (R--and proud of it)

February 13th, 2013
8:28 am

Well, we’d be alright if they just stop paying paying Those People and the other shiftless bums. We was doing pretty good till we started shoveling money to those parasites. Let’s get back to the good old days when Those People and the women knew their place. The b1950s is looking better and better.

Have a good Hump Day everybody.,,

DownInAlbany

February 13th, 2013
8:30 am

More of the same from pubs, more of the same from the President. They are both consistent, I’ll give them that! The more things change, the more they stay the same!

Fred ™

February 13th, 2013
8:31 am

Stands: My friend, the Ambassadors wife, says that the chef is the one thing she is DEFINITELY going to miss when their time in Singapore. I asked her if she missed cooking and she gave me the funniest look and said, “Are you crazy?”

heck, I don’t mind cooking, I love it. What I want is someone to do the dishes lol.

Arms Akimbo

February 13th, 2013
8:32 am

Always looking back for someone else to blame, never looking forward explaining exactly how we are going to pay for this debt. Your chart proves that spending has dramatically increased during Obama’s reign. Explain the steepening of the curve since 2008. Even with the sequester cuts, Government spending will still be higher than before the big O. Obama is a master of giving the American public false hope through unrealistic choices from the bully pulpit. If it weren’t for an obstructionist Congress, North Korea would have disarmed by now. We should raise the minimum wage to $150 per hour to help the middle class achieve fairness. Harvard should base admission solely on Government standards rather than student qualifications. See how easy it is to help the middle class when they are dependent on handouts from Obama?

curious

February 13th, 2013
8:35 am

Jay,

This is too early for Sinkwich, td, and Digits. Unfair!

Butch Cassidy (I)

February 13th, 2013
8:35 am

I love it when I hear “We can’t afford it”.

We couldn’t “afford” to build the Interstate system, but we did because it was good for the country.

We couldn’t “afford” to build Hoover Dam, but we did because it was good for the region.

We couldn’t “afford” to put men into space, but we did because it was good for the nation.

The only differnce between now and then is that people actually believed in a unified United States and did what it took and paid what was needed for overall good of the country.

Than again, there were no Rush Limbaughs, Sean Hannitys and Glenn Becks generating millions of dollars for themselves while at the same time telling their listeners that the government was stealing their money.

Whatever

February 13th, 2013
8:35 am

Unwise spending is robbing the people of what they earned. That’s why we need to demand massive cleanup of our federal budget.

Keep on lifting.

Whatever

February 13th, 2013
8:37 am

Butch,

Debt as a percentage of GDP was dropping during the times you mention. That’s not the case now. To keep spending blindly without acknowledging the changing landscape is what’s getting us in trouble.

UNCLE SAMANTHA

February 13th, 2013
8:39 am

MIDIRECTION

OBAMA CAME IN HIS FIRST TERM UNDER THE BUDGET OF BUSH

HE INCREASED SPENDING WITH SUPPLEMENTAL SPENDING AND A STIMULUS PACKAGE……. ALL UNDER THE BUSH BUDGET……….

THEN THE DEMOCRATS IN CONGRESS LOCKED IN THE INCREASE IN SPENDING

THEN THEY SIT BACK AND SAY IT WAS BUSH SPENDING.

THEN THEY DON’T HAVE TO INCREASE SPENDING BECAUSE THEY HAVE ALREADY DONE IT UNDER THE 2009 BUDGET…….. THEN SAY THEY HAVEN’T INCREASED SPENDING

SHAME ON THE ACCOUNTING TRICKERY

THEY WILL HAVE GREAT FUTURES ON WALL STREET

southpaw

February 13th, 2013
8:41 am

“Necessary.”
“This sucker could go down.”
“Avoid economic collapse.”

I hear that things have been on the upswing for a while now. So why isn’t the curve going back down?

mbtc

February 13th, 2013
8:41 am

Why is $9 an hour a disconnect? The golden goose of the American economy is the American consumer. The additional wages would still flow back up into corporate coffers. That’s why trickle down has always been like getting whizzed on. Trickle up is win win.

комиссар (Occupation)

February 13th, 2013
8:42 am

Striking how among the post-recession periods shown in the graph, the period we’re currently in is the only one in which spending has plateaued. But don’t try telling any of our resident rubes that this president isn’t a “big spending liberal”. The truth of the right-leaning orientation of the nation under his administration is confirmed by the graph.

On deficits, of course, everyone (other than a few rubes of course) knows that more than any other single president, the person who is responsible for America’s soaring deficits is Mr. Ronald Reagan.

fedup

February 13th, 2013
8:44 am

Rubio’s style reminded me of Bobby Jindal. Atleast Bobby knows who is stupid.

mbtc

February 13th, 2013
8:45 am

Whatever:” Bush put us way deeper in debt. I’ve never defended that. I’m looking for someone who will tackle the issue but no one, including Obama, will.”

Clinton did. So you’re in favor of going back to the Clinton tax rates?

DownInAlbany

February 13th, 2013
8:47 am

So … this is Obama’s fault?

No, we already know that nothing is his fault! :)

East Lake Ira

February 13th, 2013
8:47 am

Whatever

February 13th, 2013
8:47 am

mbtc,

If you read my earlier post you would see I said I’m not against tax increases as long as we also tackle spending. No one wants to tackle spending so why raise taxes just so we can go deeper in debt?

If we don’t do both we are just lying to ourselves.

curious

February 13th, 2013
8:47 am

mbtc

You’re correct. People making $9/hour spend every dime. They and most of the middle class are the real “job creators”.

0311/8541/5811/1811/1801

February 13th, 2013
8:47 am

curious:

“This is too early for Sinkwich, td, and Digits. Unfair!”

I usually walk my dog in the mornings so this time you would be wrong.

I probably spend more now (even adjusted for inflation) than I did forty years ago but I still live WITHIN A BUDGET !!!!!

fedup

February 13th, 2013
8:48 am

Increasing minimum wage for the poor is baddddd. Tax subsidy to the rich and oil companies are gooddddddd. What type of morons do the cons have.

stands for decibels

February 13th, 2013
8:48 am

Than again, there were no Rush Limbaughs, Sean Hannitys and Glenn Becks generating millions of dollars for themselves while at the same time telling their listeners that the government was stealing their money.

No, but there were Father Coughlins, Ronald Reagans (remember his AMA coffee-klatch campaign to destroy Medicare?), all manner of a-holish broadcasters and pols who’ve spread such right wing tomfoolery.

The monied interests that align themselves with what we call “conservatives” have but one prime directive–to decrease their tax burden. They will use whatever weaponry they have to accomplish that goal. they will never go away, and we will never have to stop fighting them. It’s just the nature of things.

DownInAlbany

February 13th, 2013
8:48 am

mbtc

February 13th, 2013
8:45 am

Clinton did. So you’re in favor of going back to the Clinton tax rates?
YES!
Are you in favor of going back to the Clinton spending levels?

Simple Truths

February 13th, 2013
8:48 am

I don’t trust charts from Fred!

Oh, this chart is from FRED.

Jeffrey

February 13th, 2013
8:49 am

If Obama says to reduce the deficit we need a balanced approach of spending cuts and revenue, why does that translate to more taxes for bigger govt to republicans? Also, I will not refer to republicans as conservatives anymore. They are not conservative in anyway I can see.

Fly-On-The-Wall

February 13th, 2013
8:49 am

Arms – since the Presidenet never asked for any of those outrageous items you listed then there isn’t anything to worry about. When you come back to reality then we can talk.

DannyX

February 13th, 2013
8:49 am

Rubio’s job was to show the nation that Republicans view the water bottle as being half empty.

Jm

February 13th, 2013
8:50 am

adjust from nominal to real dollars and or adjust to % of gdp and that chart makes obama look like crap

bookman data manipulation

dont buy the propaganda

curious

February 13th, 2013
8:50 am

Anyone that walks their dog is okay with me.

stands for decibels

February 13th, 2013
8:51 am

Debt as a percentage of GDP was dropping during the times you mention.

ok. so if this is a potential concern, how about we wait until that metric reaches the level that, say, Japan somehow endures as a sovereign nation before we start actively trying to fix it through extraordinary measures?

Deal?

Elections Have Consequences

February 13th, 2013
8:53 am

“So … this is Obama’s fault?”

Yes.

Last night’s “speech” – or more accurately, pontification – underscores not only this man’s inability to address the nation’s economic health, but his complete unwillingness to do so. No attempt at serious entitlement review and reform, halting spending in any way, or tackling the staggering yearly deficit and ever increasing debt. Stick to the approach, deflect criticism and blame history, instead of stepping up and providing leadership.

With the kind of constant cover provided to allow his eschewing responsibility – it’s no surprise, of course.

independent thinker

February 13th, 2013
8:53 am

What is wrong with having three unfunded wars and free drugs for the elderly with no funding and bailing out the big investment banks so they can pay their execs bonuses if a Republican is in charge? I don’t get it.

mbtc

February 13th, 2013
8:54 am

“Are you in favor of going back to the Clinton spending levels?”

On defense, definitely!

stands for decibels

February 13th, 2013
8:54 am

Unwise spending is robbing the people of what they earned.

who are you to call pensions, health insurance, and infrastructure “unwise?”

Donovan

February 13th, 2013
8:54 am

What’s the matter with you people? This country is run by a radical president who does not know anything about economic issues, has run up more debt through spending in the last 4 years than Pres. Bush did in 8 years, filled his administration with inept radical kooks, asks for more tax “revenue” to lower the debt in the same breath when asking for more spending, and grows government to the point of harming this country’s forward movement.

Based on being re-elected with a dismal record and in charge of an economy that has had the longest mired movement in recessional history, I would have to say that you people are the problem. You liberals have convinced half of this country that Obama is the cult Moses who is to lead us out of our malaise. Harry Reid is your pick in the Senate that controls the legislative gavel which rejects all form of rationale and Nancy Pelosi is your pick in the House who said that “you must pass ObamaCare before you know what’s in it”. Are you kidding me liberals?

Is it any wonder that these picked politicians you put into office have divided this country to the extent of near rebellion?

jhunt163

February 13th, 2013
8:55 am

$9 an hour? More regulation on business. CNBC just reported that if you took inflation into account since the last raise, it would still hit in the $7 range. The administration can’t continuously argue there is no inflation, and then unofficially acknowledge there is some by putting this additional burden on businesses.

mbtc

February 13th, 2013
8:55 am

independent thinker

February 13th, 2013
8:53 am
What is wrong with having three unfunded wars and free drugs for the elderly with no funding and bailing out the big investment banks so they can pay their execs bonuses if a Republican is in charge? I don’t get it.

BINGO!

Whatever

February 13th, 2013
8:55 am

stands,

Japan endures with over 20 years of major economic issues. How about we lead the world by getting out of debt instead of imitating those how haven’t done it well?

Itchy Finger

February 13th, 2013
8:56 am

Misleading chart there Jay. This chart is more obvious and shows the enormous spending increases under obama. Bush did increase spending way to much I’ll admit but we had increased tax revenue’s so his deficits were minimal compared to obama.

http://www.usgovernmentspending.com/spending_chart_2002_2013USb_13s1li111lcn_F0t

stands for decibels

February 13th, 2013
8:57 am

This country is run by a radical president

…aaaand I stoped reading.

Go back to your street corner with that bottle of cheap hootch, willya?

Butch Cassidy (I)

February 13th, 2013
8:57 am

Donovan – “You liberals have convinced half of this country that Obama is the cult Moses ”

Well, if your side is so pathetically weak, why would anyone want to listen to what they say?

bookman parrot

February 13th, 2013
8:57 am

so many things.
1) stop bringing up race … especially when it is not even relevant ( your shameful pointing out that BHO has black ancestry … it is an old and overused ploy )
2) at what point does any responsibility or accountability ever fall to BHO (unfortunately in lib-land there isn’t any of that … just fingerpointing)

0311/8541/5811/1811/1801

February 13th, 2013
8:57 am

curious:

My big boxer !

Whatever

February 13th, 2013
8:57 am

stands,

When you don’t have money to spend it’s not wise to keep spending it. Those are all great things but not if we can’t afford them. Why not get our house in order and then fund those things?

I’m really interested in our long-term economic health. All we are doing now is short-sighted vote buying (on both sides) while putting a great burden on the future generations we falsely claim we are helping.

the dog

February 13th, 2013
8:57 am

Donovan=sore loser.

curious

February 13th, 2013
8:58 am

Spending looks to have the highest rate of change during the 2007-2009 time period.

stands for decibels

February 13th, 2013
8:58 am

How about we lead the world by getting out of debt

Do you not GET that our money is worth whatever the world thinks it is worth? that whatever paper deb we’re incurring is not especially important, given that the world believes that our dollar is so sound that they are willing to lend us money for literally nothing in return?

No, I do not think you do.

Beyond that, for crying out loud, we are not going to “get out of debt.” we have not been “out of debt” since eighteen thirty flippin’ five.

stands for decibels

February 13th, 2013
8:59 am

I don’t know who “paper deb” is, but I do know “paper debt.” my bad, @ 8.58.

Brad Steel

February 13th, 2013
8:59 am

Come on. You cannot trust any government agency – especially one that name their data source “Fred”. Phu -leez.

Common Sense

February 13th, 2013
9:00 am

Common sense would tell you that after watching obama’s speech last night that he is even more clueless as to what to do than he was in 2009 when he assumed office. Not to mention the outright lies he told that many on the left probably believe as true….

http://news.yahoo.com/fact-check-overreaching-state-union-speech-032654575–politics.html

http://nation.foxnews.com/sarah-palin/2013/02/13/palin-fact-checks-obama

Butch Cassidy (I)

February 13th, 2013
9:00 am

Whatever – “Why not get our house in order and then fund those things?”

Because, by the time that happens, we would have no roads or bridges to drive on, and our senior citizns and returning soldiers would be starving in the streets. But hey, the budget would look awesome!

bookman parrot

February 13th, 2013
9:00 am

to stands at 8:57
you are so correct … he is not radical at all … when i think of bho, i think he loves this country just the way it is… oh wait … forgot he said he wants to fundamentally change this country … sounds pretty radical to me and anyone else with logical mind

Skip

February 13th, 2013
9:00 am

Part D may be a problem but to say it’s “free” shows a serious lack of understanding.

stands for decibels

February 13th, 2013
9:00 am

stop bringing up race …

because, what, it makes some schmuck with a troll handle all butthurty?

You’re amazing.

the dog

February 13th, 2013
9:01 am

Palin fact checking our President?????? That is sooooooooooooooo funny. Dumb azz

Christian Conservative

February 13th, 2013
9:01 am

If obama thinks the sequester is so bad why did he sign it into law?

TaxPayer

February 13th, 2013
9:01 am

By the by, how’s that 2010 GOP jobs campaign coming along. Made any progress yet.

rightwingextreme

February 13th, 2013
9:02 am

“Here, hold this for me,” the crook says, handing the bag to someone and then trying to make his getaway. In this case, that “someone” designated to take the fall is a tall, thin black man.

Jay….surely you can do better….the insinuation this is being blamed on bammy because he’s black???? Talk about playing the same old song over and over. And oh, btw….i seem to recall a lot of dimlibs blaming Reagan for running up a deficit. Was it because he ran out of the bank as well and handed the money to a wall streeter??

mbtc

February 13th, 2013
9:02 am

“Is it any wonder that these picked politicians you put into office have divided this country to the extent of near rebellion?”

Always think it is the apex of hypocrisy for the right, who have used wedge issues and flooded the airways, 24/7 with divisive rhetoric, to accuse Obama of dividing America.

DannyX

February 13th, 2013
9:03 am

Sarah Palin fact checks Obama! LMAO!!!

“Common sense” takes on a whole new meaning!

Itchy Finger

February 13th, 2013
9:04 am

Obama said we don’t need to ‘occupy’ other nations but he had no problem with the occupy Wall St slugs disrupting business’s and people trying to work….

rightwingextreme

February 13th, 2013
9:05 am

stands for decibels

February 13th, 2013
8:27 am
Raising the minimum wage to $9 is just one example of complete disconnect.

Wrong. Failure to understand that the richest, most powerful nation ever on earth needs to ensure its citizens can earn at least a subsistence by working full time is an example of complete disconnect.

Now that obamacare is kicking in nobody will be working “full-time” again….at least until that is redefined from 40 hrs to below 29 hours. Talk about a disconnect.

Moderate Line

February 13th, 2013
9:05 am

Blaming federal spending and the deficit on Barack Obama, as Republicans did last night and have done for years now, is like a scene from an old movie. You know the one: The bank robber comes barreling out of the bank, gun in one hand and money bag in the other, with cops hot on his trail
++++++
The OMB tables show expenditures in 2017 at 22.2. In 2007 spending was 19.7. This would indicate that the pace of long term expenditures has increased by 12.7% since then. This would account for 28% of the FY11 deficit.

To imply that long term federal spending is not increasing regardless of who is to blame is dangerous. Most of the longterm federal spending is due to Medicare. My problem with Republicans is that go on about increase federal spending but Romney was accuses Obama of cutting medicare. So what was Romney going to cover the spending. He was going to cut taxes by 20%. No one is going to address the issue because both sides will use against the other.

“Here, hold this for me,” the crook says, handing the bag to someone and then trying to make his getaway. In this case, that “someone” designated to take the fall is a tall, thin black man.
This statement is sad. A good point lost by a personal attack.

Common Sense

February 13th, 2013
9:07 am

the dog

Palin fact checking our President?????? That is sooooooooooooooo funny. Dumb azz

As funny as the obama speech itself… I wonder who wrote it for him?

mbtc

February 13th, 2013
9:07 am

Donovan – “You liberals have convinced half of this country that Obama is the cult Moses ”

You probably had one of those “W – The President” bumper stickers.

Skip

February 13th, 2013
9:07 am

I thought the House of Representatives had something to do with spending? Was I wrong?

DownInAlbany

February 13th, 2013
9:07 am

Common Sense

February 13th, 2013
9:00 am

Haven’t you figured out that facts don’t matter to the regulars on here? You don’t really expect them to fact check anything that he says, do you? Wishful thinking.

комиссар (Occupation)

February 13th, 2013
9:07 am

Whatever: “No one wants to tackle spending so why raise taxes just so we can go deeper in debt?”

Did you not look at the graph up at the top? The current fiscally conservative occupant of the White House has spent the last two years doing nothing but slash spending, namely in each of these little budget “showdown” episodes we’ve seen, and which are about to resume again this spring.

JamVet

February 13th, 2013
9:07 am

CNBC? They should change their name to the Wall Street Bootlicker Channel.

And shame on jhunt for believing their nonsensical tripe.

The minimum wage is this country, adjusted for inflation, is LESS THAN IT WAS IN 1968!

To even have stayed ON PAR with 1968, it would now be around $10/hour.

What is wrong with you Republicans???

Do you really ahte the working class in this country that much??

Whatever has inflicted your mental capacities and morality, you are in deep, deep doo doo.

Your beloved previous administration oversaw the greatest economic meltdown in nearly a hundred years. They left the nation in complete meltdown mode. Near complete economic devastation everywhere. Millions and millions of lives and families ruined.

And now you expect the American people are magically just going to start trusting YOU and your do no wrong heroes on Wall Street again???

No sale.

I believe that the though the Corporations are people, my friend GOP has gotten annihilated in three out of the past four elections, their darkest days are coming up. And their corporations uber alles demagoguery cannot save them. People who vote can, but they will not.

And I will continue to celebrate the losses of the stupid, insulting and backwards party!

the dog

February 13th, 2013
9:08 am

Common-you do know Presidents have advisors don’t you? Another sore loser!!!!

barking frog

February 13th, 2013
9:08 am

I’m glad Obama put the term ‘Manufactured crisis ‘ into play. Maybe
we will all realize that the trick taken from modern businessmen
who manufacture situations they can solve and appear as heroes
is now a part of government. When you hear ’save social security’
’save medicare’ ‘debt ceiling crisis’ ‘fiscal cliff’ think ’snake oil’.

ATL Tiger

February 13th, 2013
9:08 am

So holding Federal spending at $3.7 trillion is something to celebrate? From that chart it looks like Federal spending was around $3 trillion a year.

Also from the chart it looks like when GWB took over we were around $2 trillion and he left at $3 trillion.

So Obama has continued down the same path, the national debt continues to add trillions, and the year deficits are in the trillions.

Reason to celebrate?

Itchy Finger

February 13th, 2013
9:09 am

TaxPayer

By the by, how’s that 2010 GOP jobs campaign coming along. Made any progress yet.

There’s over 30 jobs bills sitting in the Senate that Reid won’t put up for a vote… Why not inform yourself before making an ignorant statement???

http://www.examiner.com/article/harry-reid-blames-gop-for-jobs-report-ignores-house-bills-to-stimulate-jobs

curious

February 13th, 2013
9:09 am

Christian Conservative

“If obama thinks the sequester is so bad why did he sign it into law?”

He let the Republicans pick their own poison. Apparently, the Republicans thought it was a good deal.

Butch Cassidy (I)

February 13th, 2013
9:10 am

Common Sense – “As funny as the obama speech itself… I wonder who wrote it for him?”

As reported by FOX prior to the SOTUA, it was the former writer for Ted Kennedy.

Try to keep up.

jhunt163

February 13th, 2013
9:12 am

To even have stayed ON PAR with 1968, it would now be around $10/hour.

Yet another reason to invest in the China economy.

stands for decibels

February 13th, 2013
9:12 am

.at least until that is redefined from 40 hrs to below 29 hours. Talk about a disconnect.

So we can’t raise the minimum wage because… our Captains of Industry will Go Galt. So we must obsequiously anticipate psychosis and pre-empt it, because manhood, or something.

That’s about all I can handle of this for now. You guys are weird.

/drive-by

Common Sense

February 13th, 2013
9:12 am

DannyX

Sarah Palin fact checks Obama! LMAO!!!

“Common sense” takes on a whole new meaning!

Reality takes on a whole new meaning for democrats. Can you name one inaccurate statement she made. She certainly pointed out the one’s Obama made….

Fred ™

February 13th, 2013
9:12 am

Simple Truths

February 13th, 2013
8:48 am

I don’t trust charts from Fred!

Oh, this chart is from FRED.
++++++++++++++++++++++++

I approved this message.