Bozonomics
Jim wrote:
Frogwatch wrote:
A real milestone under Bozoma, a deficit of one trillion dollars. For
you math challenged Bozoma voters, that is $1,000,000,000,000, or a
million million dollars. If you spent a dollar a second, you would
have money for 31,710 years.
I don't remember you complaining about Bush's spending. And he did a
lot of reckless spending. One could make a good argument that we are
where we are because of Bush's irresponsible ways, it's undeniable,
except to Obama haters. Everything is Obama's fault.
A one sided way of thinking. Bitch, bitch, bitch, as long as it isn't a
Republican.
"And the Bush signed trillion dollar spending bill in the first months
of the current session of congress!" If you will read the information
on line it will tell you that the trillion dollar stimulus bill passed
by the democrats is the cause of the current deficit. So far the
obamination has done nothing but caused a 30% drop in the stock market
after he was sworn in, and caused the loss of thousands of jobs
associated with his version of bailing out the auto industry.
The 30% drop in the stock market was the third time in over 100 years
that occurred when a new president took office. Of the other two,
Wilson had to change what he was trying to do and Carter never realized
that he was doing anything.
President Bush started his administration by successfully lead the
nation through the web recession in 2002 and the significant financial
loss on 9-11. President Bush's deficit while blamed on the war was
principally caused by these two events. There was a third event,
Katrina that affected the deficit that occurred because the officials of
Louisiana did not understand their responsibilities under the States
Rights doctrine.
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