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Buckwheat Lies Again

Mike

Well-known member
From one of the most liberal news orgs in the U.S.;


Obama claim of cutting spending is not right

By David Lightman | McClatchy Newspapers
THROW THE FLAG ON: President Barack Obama.

CALL: Offside.

WHAT HAPPENED: In an ad this week, the president touted "the $1 trillion in spending we’ve already cut."

The two-minute ad has Obama posing the question : "So what’s my plan?" He describes four parts.

"Fourth," he says, "a balanced plan to reduce our deficit by $4 trillion over the next decade. On top of the $1 trillion in spending we’ve already cut, I’d ask the wealthy to pay a little more. And as we end the war in Afghanistan, let’s apply half the savings to pay down our debt and use the rest for some nation-building right here at home. It’s time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class. Read my plan. Compare it to Gov. Romney’s and decide for yourself."

WHY THAT’S WRONG: He didn’t cut $1 trillion. Spending goes up over the next decade, not down.
 

Tam

Well-known member
And as we end the war in Afghanistan, let’s apply half the savings to pay down our debt and use the rest for some nation-building right here at home.

According to the Dims Bush put the wars on a credit card IE borrowed money from China to pay for them.

So please tell me how ending the wars is going to result in a savings that can be used to pay down the debt and invest in yet more SPENDING?

As I see it the end of the wars just mean the US is not BORROWING AS MUCH TO PAY FOR THEM. And if you wanted to INVEST half of that so called savings that would only mean you are still going to have to BORROW the money from China to do the investing. So his so called WAR savings to pay down the debt and invest is just another lie by using double accounting to fool his idiot followers.

No different than his claims of the saving he found in Medicare that would extend the life of that program. But then he takes that savings and uses it to fund yet another entitlement program. The only friggin way to extend the life of Medicare is to LEAVE THE SAVINGS IN THE ACCOUNT SO IT IS THERE WHEN NEEDED. By taking the money out of that program to fund another all you are doing is cutting one to fund another. MORE DOUBLE ACCOUNTING DOUBLE TALK TO FOOL HIS STUPID FOLLOWERS

The guy can't tell the truth as he is a incapable of it. Even after his whole Administration finally agreed it was a PLANNED AL QUEADA TERRORIST ATTACK in Libya he went on the View and could not tell them the TRUTH and admit there was a TERRORIST ATTACK on his watch that resulted in an Ambassador's death. NOPE can't be his fault as he is a expert on the Muslim faith and Muslims love him and respect him as he lived in Indonesia and ate a dog at the age of 6 years old. :roll: :x
 

Steve

Well-known member
By the end of the third quarter of fiscal 2012, the new debt accumulated in this fiscal year by the federal government had already exceeded $1 trillion, making this fiscal year the fifth straight in which the federal government has increased its debt by more than a trillion dollars, according to official debt numbers published by the U.S. Treasury.

Prior to fiscal 2008, the federal government had never increased its debt by as much as $1 trillion in a single fiscal year. From fiscal 2008 onward, however, the federal government has increased its debt by at least $1 trillion each and every fiscal year.

In fiscal 2007, according to the U.S. Treasury, the federal government’s debt increased $500,679,473,047.25. But that marked the last fiscal year in which the federal government's debt did not increase by at least $1 trillion.

the liberals couldn't have passed the last four years worth of Obama budgets.. so they bloated the last Bush budget ,,,and let Obama sign it..

in 2006 the democrats took over the congress... passed one budget... and now use that enormous baseline to keep the spending out of control... crafty buggers...
 

Tam

Well-known member
They balloon spending by 25% and then cut 5% and claim they are saving US tax payers billions with their to the bone cuts. :roll:
 

Traveler

Well-known member
One thing he was right about, though.

http://news.investors.com/ibd-editorials/090712-625080-terrifying-promise-obama-made-.htm?ven=OutBrainCP

Obama pledged that under his leadership, "our path is harder" and "our road is longer."

Other then that he's basically full of crap.
 
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