Obama: ‘We Don’t Have an Urgent Deficit Crisis’

President Barack Obama said the country isn’t facing a spending or deficit problem, only an ideological problem from Republicans who want to cut government programs for health care and children.

Don't you just love the demagoguery ?

We don’t have an urgent deficit crisis,” Obama said Friday at a town hall meeting on the campus of Binghamton University in Binghamton, N.Y. “The only crisis we have is the one that is manufactured in Washington and it’s ideological and the basic notion is that we shouldn’t be helping people get health care and we shouldn’t be helping kids who can’t help themselves and whose parents are under resourced, we shouldn’t be helping them get a leg up.”

Obama: ‘We Don’t Have an Urgent Deficit Crisis’


Yeah we do Obama !

We do have an urgent deficit crisis which has exploded under your ideological ramblings about the state exists to pay for people's existence.

A healthcare program that was cheaper before you came along, children were being taken care of, and this nation was trillions less in debt.

Fact is we can not currently pay for the programs we already have. Fact 30 million new people will be added to government programs because well face it,they are poor. Who could not afford to buy insurance until government came along, and forced them to.

The current roles on medicaid which does take care of the poor, and children to the tune of 58 million Americans. Since Obama care and Obama's 'wisdom' just added 30 million new people.

That is near 90 million people.

Medicaid.

Anyone under the age of 26 is already covered on their mommy and daddies insurance, well of course that is if they still have a job, or hell they just may be working part time. As most people have already seen quite a few employers have been cutting full time jobs to part time.

And this guy has the nerve to blame the Republicans here once again?

This is his standard go to play. Republicans see the writing on the wall act now before this nations goes above and beyond the most asinine level of incompetence that most Americans have never seen in their lives.

This can not get any more demagogic eternal campaign mode setting up the 2014 elections.

we shouldn’t be helping kids who can’t help themselves and whose parents are under resourced, we shouldn’t be helping them get a leg up.

Really ?

Then how about stop forcing them to buy corporate products. Stop regulating them in to the poverty state, but nope always them evil Republicans fault.

No matter what !

Them evil Republicans are to blame.

There's only one ideolog bigger on Capitol Hill than the Republicans, and only he is responsible to taking this country to the vulgar depths of stupidity.

That people is Obama.

That's my opinion, and I'm sticking to it.

reply to post by neo96


In related news: The Great and Powerful Oz commands you to ignore that man behind the curtain!

Is Obama fooling only the most gullible, staggeringly dimwitted mouth-breathers these days? Or are folks still buying what the Manure Faery-In-Chief is peddling?

I mean, come on. Now he's just messing with us.

reply to post by neo96

President Barack Obama said the country isn’t facing a spending or deficit problem, only an ideological problem

That much of what he said is true actually... the idealogical problem is those in power who think it's okay to invade and occupy other nations in a crusade to spread democracy around the world. If they were concerned about deficit spending and they truly wanted to balance the budget they would be more focused on cutting defence spending, not healthcare. It's just a diversion tactic to talk about healthcare because it divides people.

reply to post by neo96


No, as long as they can keep raising taxes on us to make their payments, why call it a crisis? There's a steady amount of tax income coming in, and people are not complaining about paying more!

reply to post by neo96


For once I agree with Obama, "urgent" is not appropriate to convey our deficit crisis.

I think

" Holy **** Red Alert, Oh my god we're all gonna die!"

would be more apt in this situation. But then I'm not known as being a very excitable person.

"Urgent Deficit Crisis" would mean pending.

Nope. It's already happened so the urgency has passed.IMO.

Peace

reply to post by neo96


Guess no word on how they are keeping that national debt holding right
at the limit for how many days, months now?

Secrets, all of these secrets. secret laws, secret dealings....I tell ya.

Obama, he just cant relate to the problems of The U.S. they are too
much for him, and his lofty views.

Yeah freaking right...

I don't listen t anything the government says. Remember back in the Spring of 2008 when Bush and McCain told everyone 'The economy is fundamentally sound.' And then just a few short months later we had one of the biggest economic meltdowns in history. They're all either liars or criminally clueless.

reply to post by ChaoticOrder


Sorry the number one thing this country spends money on is the nanny state:

The American republic has endured for well over two centuries, but over the past 50 years, the apparatus of American governance has undergone a radical transformation. In some basic respects—its scale, its preoccupations, even many of its purposes—the U.S. government today would be scarcely recognizable to Franklin D. Roosevelt, much less to Abraham Lincoln or Thomas Jefferson.

This was 3 years ago now it is considerably more:

In 2010 alone, government at all levels oversaw a transfer of over $2.2 trillion in money, goods and services. The burden of these entitlements came to slightly more than $7,200 for every person in America. Scaled against a notional family of four, the average entitlements burden for that year alone approached $29,000.

Welfare Industrial Complex

That doesn't include defense spending.

Alternate source :

www.usdebtclock.org...

Current federal spending not counting Defense is $2.2 trillion plus, not counting other subsidies either.

Originally posted by WeRpeons
reply to post by neo96

 

No, as long as they can keep raising taxes on us to make their payments, why call it a crisis? There's a steady amount of tax income coming in, and people are not complaining about paying more!

That's wrong.

Tax revenue comes in as long as people have jobs, full time jobs. The cost of those programs will continue to rise. The amount of tax revenue collected will decrease.

That creates deficits.

"" Obama: ‘We Don’t Have an Urgent Deficit Crisis’ ""




WELL !!

If "Economic Defcon 2" isn't 'Urgent' then What IS ?

Originally posted by watchitburn
reply to post by neo96

 

For once I agree with Obama, "urgent" is not appropriate to convey our deficit crisis.

I think

" Holy **** Red Alert, Oh my god we're all gonna die!"

would be more apt in this situation. But then I'm not known as being a very excitable person.

So $17 trillion dollars in debt is not urgent.

So $1 trillion dollars in student loan debt is not urgent.

So $120 trillion dollars of promises made that can never be paid for is not urgent.

Seriously ?

What part of this nation can't pay it's bills are people not understanding ?

Obamacare exacerbates this.

Everything he has done, and continues to push does more harm.

How can people not see this ?

reply to post by neo96


So, you do know that we don't have a deficit problem...right?

The deficit has decreased every year that Obama has been in office, this is fact, not opinion.

www.usgovernmentdebt.us...


So what Obama said is 100% true, but you seem to still have a problem with it....why is that?

Originally posted by AlienScience
reply to post by neo96

 

So, you do know that we don't have a deficit problem...right?

The deficit has decreased every year that Obama has been in office, this is fact, not opinion.

www.usgovernmentdebt.us...


So what Obama said is 100% true, but you seem to still have a problem with it....why is that?

Bullsnip.

The deficit has increased every year Obama has been in office.

People can try to spin that, but the fact is deficits have no shrank.

If what we have isn't a budget deficit crisis....what in the name of common sense WOULD he call a crisis?????

ON-BUDGET deficit is almost twice the highest level Bush ever reached in a single year and HE was already MANY times higher than those before him had been. That doesn't count 1 trillion in Fed debt buyback which makes it closer to 1.9 Trillion ..which would be THE HIGHEST effective operating deficit in U.S. National History.

If this isn't a crisis....what would it take? Total financial destruction to get this man's attention? Setting all time records by a mile isn't enough?!

or...... It isn't an urgent crisis because he figures he'll be out and retired by the time WE suffer and eat dirt for his excesses?

reply to post by neo96


You have to read between the lines and look at the exact wording, neo. It is not urgent until he had to share the same plane with his wife, children and dog to his next multimillion dollar vacation.

reply to post by xuenchen


Your chart includes 2009 under Obama, and that is not correct.

The 2009 budget and spending was all appropriated under Bush.

reply to post by neo96

Bullsnip.

The deficit has increased every year Obama has been in office.

People can try to spin that, but the fact is deficits have no shrank.

Did you not see the information I linked to?

The deficit has decreased every single year that Obama has been in office...this is just fact...there is no disputing it.

You may be confusing the debt with the deficit. If not, and you think the deficit has increased every year under Obama, can you provide a source for that information?

reply to post by AlienScience




Must push Administration lies at all costs.

The national debt was $10 trillion when Obama took over.

The national debt has consistently increased every year.

It now standing at $17 trillion.

How the hell has the deficit shrank ?