Obama Presided Over a Tax Revenue Drought, Not a Spending Binge

Can anyone "Justify" the massive increase in Spending ??

Compare years 2010 thru 2012 TO 2006 thru 2008

Originally posted by xuenchen
reply to post by Blackmarketeer

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Obama Presided Over a Tax Revenue Drought, Not a Spending Binge

Year ----- Revenue ------ Spending ----- (Deficit) ----- Revenue/Spending Ratio

2006 ......2,406,869 .......2,655,050 ...(248,181)…………110.83%

2007 ......2,567,985 .......2,728,686 ...(160,701)…………106.23%

2008 ......2,523,991 .......2,982,544 ...(458,553)……..….118.25%


The wild drunken binge spending started here:
2009 ......2,104,989 .......3,517,677 ...(1,412,688)………167.62%

2010 ......2,162,724 .......3,456,213 ...(1,293,489)………160.19%

2011 ......2,173,700 .......3,818,819 ...(1,645,119)………176.04%

2012 ......2,627,449 .......3,728,686 ...(1,101,237)………141.83%


Highest Spending in History !!

2009: money spent=$3.52 Trillion

2010: money spent=$3.46 Trillion

2011: money spent=$3.82 Trillion (est)

2012: money spent=$3.73 Trillion (est)


figures from The White House !!!!!!

(see pages 23 & 24 in the pdf)
-->from the White House<--


Total Federal Spending <---

Can anyone "Justify" the massive increase in Spending ??

Compare years 2010 thru 2012 TO 2006 thru 2008

-->Tick Tick Tick<--

uhhmmm yes, i can justify it....the war spending was OFF-BUDGET during bush, it was put back into the budget by obama.
this is well known and is easily verifiable... but the right-wingers continue with this

Originally posted by Surfrat
May Budget Deficit Double Last May
The U.S. government posted a budget deficit of $125 billion in May, more than twice the level registered in the same month last year.
So far this fiscal year, the budget deficit stands at $844.5 billion, narrower than at the same time a year ago.

Read more: www.foxbusiness.com...

Originally posted by Eurisko2012

Originally posted by Beanskinner

Originally posted by Eurisko2012
reply to post by BritofTexas

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We need private sector solutions.

Like cheap credit, speculation and Bubbles?

No thanks,


We need main street solutions and we need government to keep Wall Street in it's place

We need a Tax Repatriation Holiday. That will bring $$$ billions back to the USA.

We need fewer regulations that are killing small businesses.

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