Article

2011-06-22 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by DarthVader 2011-06-22 11:26|| || Front Page|| [4 views ] Top

#1 A new report from the Congressional Budget Office (CBO) finds that President Obamas economic stimulus program helped nearly double U.S. debt.

The 2011 Long-Term Budget Outlook, released Wednesday morning, reports that the the combination of automatic budgetary responses and Obamas stimulus had a profound impact on the federal budget. According to CBO projections, before Obamas stimulus became law, federal debt equaled 36 percent of GDP and was projected to decline slightly over the next few years. Instead, thanks in large part to the stimulus, debt reached 62 percent of GDP by 2010.

Posted by Beavis 2011-06-22 15:36|| 2011-06-22 15:36|| Front Page Top

#2 Now we have the dhimocrat response.

MORE SPENDING!

Can we give the government back to the fucking grownups please? (And I'm not just including Republicans in that category)

Posted by DarthVader 2011-06-22 17:06|| 2011-06-22 17:06|| Front Page Top

22:44 JosephMendiola
22:38 tipper
22:28 Redneck Jim
22:17 Redneck Jim
22:17 JosephMendiola
22:08 Barbara
22:07 twobyfour
22:05 Beavis
22:01 SteveS
21:50 Thing From Snowy Mountain
21:44 trailing wife
21:42 trailing wife
21:40 lotp
21:37 trailing wife
21:37 Procopius2k
21:36 lotp
21:35 SteveS
21:34 JosephMendiola
21:30 phil_b
21:25 Pappy
21:17 johnbragg
21:15 texhooey
21:13 JosephMendiola
21:08 JosephMendiola