Thursday, October 31, 2013

As Republicans continue to claim that Obama policies are driving up the deficit, new report shows it has fallen to half of what it was when he took office.

"You're welcome America."
Courtesy of Politico:  

Administration officials reported on Wednesday that the deficit has fallen to half of what it was when President Barack Obama took office — touting the numbers as congressional budget negotiations begin amid Republican criticism of Democrats’ stewardship of the government’s finances. 

The administration said the fiscal 2013 deficit is $680 billion, which is $409 billion less than the fiscal 2012 deficit and $293 billion less than forecast in Obama’s April budget. The fiscal year ended on Sept. 30. 

As a percent of Gross Domestic Product, the preferred measurement by economists, the deficit fell to 4.1 percent, a drop of more than half from the deficit when Obama took office. 

You know sometimes it must feel to Republicans as if the very planets are aligning against them, and that they have to spend all of their time trying to distract from facts, which have a liberal bias, and  instead create distractions to keep the low information voters from realizing that everything they say is a steaming pile of shit.

Not that I for an instant feel sorry for them, by the way, because if they WEREN'T working so hard to argue against reality they could be working with the Democrats to make this country a better place for all of us.

I cannot even begin to imagine how low the deficit might be by now if the Republicans and Democrats, could put aside their partisan bickering, and were working together to bring it down.

6 comments:

  1. Anonymous10:31 AM

    And it is typical of administrations run by Dems to see a decrease. It is the GOP that drives up deficits. Cheney agreed with Reagan: “Deficits don’t matter.” The Republican party is the party of lies and greed and they are all over the map trying to spin this new budget information as fast as they can. They simply can’t stand that government by and for the people actually works. It may occasionally be messy, but it works.

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  2. Boscoe10:37 AM

    Pff. They'll just claim it isn't true and continue demonizing the President like nothing happened.

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    1. I'm afraid you are right. When a mind is filled to the brim with meanness and prejudice, no fact can enter.
      But we must not despair: reports are that FOX is losing its viewers (besides those that are dying off).
      But owner Ailes is a shrewd businessman first and foremost and when he sees that he will change his broadcast format to recoup.

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  3. Anonymous10:51 AM

    President Obama is going to be in the history books for so, so many 'good' reasons - in spite of the obstruction and lies constantly put out there by the Republican party members and Teabaggers!

    He is such a wonderful, gentle man, but steady, goal oriented, smart as hell, a great chess player and is very easy to admire!

    I'm a senior citizen, retired from a wonderful career, white, unmarried and not a racist!

    Love the Obama family!

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  4. Anonymous11:26 AM

    Great photo -- seeing that face and those eyes and that smile I may have another (!) dream about him. Ymmmm.

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  5. Anita Winecooler6:12 PM

    Your last sentence is so true. You'd think that the GOP would try to get past the rut they find themselves in. Where is their alternative? How many times have they wasted our time and money trying to defund/ repeal/ replace the ACA? We really need to knuckle down and GOTV.

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Don't feed the trolls!
It just goes directly to their thighs.