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A Liberal Just Told Me Obama Has Cut Spending Yet Our Deficit Each Year Is Higher Than Under Bush

Is Obama a "Neoliberal" or just another tax and spend Democrat?

Wow

You really have no idea what neoliberalism is do you?

The liberal in neoliberal derives from the European definition of liberal, which is the opposite of what liberal means in the US.

Neoliberalism is like free market capitalism on steroids.

McCain is closer to a neoliberal.

Being a tax and spend democrat doesn't have to be a bad thing, it depends on what the money is spent on!

If studies show that the Dream Act would cut $1.4B from the deficit, why aren't Republicans pushing it through?

They keep screaming that they won't vote on anything that does not cut the deficit. So why aren't they jumping to push the Dream Act through?

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CBO: Dream Act would cut 1.4 billion dollars off the federal deficit. Please make some calls

This just in -- a new Congressional Budget Office (CBO) estimate of the DREAM Act shows that the legislation would increase revenues by $2.3 billion in the 2011-2020 period. After accounting for spending: CBO and JCT estimate that enacting the bill would reduce deficits by about $1.4 billion over the 2011-2020 period.The House is expected to vote on the common-sense measure next week.

According to Frank Sharry, Executive Director of America’s Voice: The new CBO estimate adds to what we already know. The DREAM Act is an important means of strengthening our economy, bolstering our military, and upholding American values of community, opportunity, and hard work. Both parties and both chambers of Congress should act to pass it immediately.

Liberals, has Obama increased the national debt.?

The Keynesian principle is that you put money away during good times so you have a cushion, you can spend deficits to get out of a recession. Govt. spending stimulates the economy, and that's what you need to get out of a recession. Obama inherited a recession, so this is the time to spend reasonable deficits. Especially since (1) there are so many things we need--schools, infrastructure, maintenance of national parks, etc. and (2) we can borrow money today essentially free.

In fact, the reason we're having a recession now, and we're so far in debt, is because Reagan and the Bushes spent money like water during GOOD times.

Yes, Obama has signed bills to spend more money than we have coming in. But these bills ORIGINATED in the House of Representatives. And who runs the House? That's right, the Republicans.

In fact, Reagan and both Bushes constantly blamed Democrats and 'liberals' for spending deficits. But they signed the bills! Clinton refused to sign on to a Republican budget, because it was too big. Republicans never did.

Of our $16 trillion debt, $12 trillion came under just the last three Republican presidents! Can't blame Obama for that. Did Obama really spend more than all US presidents combined? Only if you really believe it and repeat it over and over until it becomes 'true'. 8^)

Are Republicans the real deficit builders?

Let's look at the deficit history since Clinton was elected with his party in control of both houses of Congress:
1992 290.4 Billion Dollar Deficit - Record
1993 255.1 Billion Dollar Deficit
1994 203.2 Billion Dollar Deficit
(GOP takes control of both houses, watch the deficit decrease)
1995 164 Billion Dollar Deficit
1996 107.5 Billion Dollar Deficit
1997 22 Billion Dollar Deficit
1998 69.2 Billion Dollar Surplus
1999 125.6 Billion Dollar Surplus
2000 236.4 Billion Dollar Surplus
(Bush elected with both houses still in GOP control)
2001 127.3 Billion Dollar Surplus
2002 157.8 Billion Dollar Deficit
(Dems take Senate, post 9-11 bills start piling up)
2003 374 Billion Dollar Deficit - Record
2004 413 Billion Dollar Deficit - Record
(GOP back in control of both houses; deficits going down again)
2005 319 Billion Dollar Deficit
2006 248 Billion Dollar Deficit
(Dems take both houses and retain them through FY 2010)
2007 162 Billion Dollar Deficit
2008 455 Billion Dollar Deficit - Record
(Obama's first year; both houses have larger Democrat majorities)
2009 1400 Billion Dollar Deficit <<== WTF? Record x 3!!!!!!!
2010 1350 Billion Dollar Deficit

... why do Republicans get blamed for such deficits, when the trend clearly illustrates the reverse is true?
Republicans are always lowering deficits, except when there is a war on -- and even then, they keep budgets at lower % of GDP than their Democrat predecessors when they had wars on their watch.

Are liberals aware that Ronald Reagan warned us about the disaster that is Obama's presidency?

I’m assuming you’re referring to a video that takes a Ronald Reagan campaign speech from 1961 and juxtaposes it with cherry picked, out-of-context quotes by President Obama and VP Biden.As others have noted, the Obama presidency wasn’t a disaster. Employing the policies that Reagan warned against, Obama helped guide the USA through the Great Recession and handed Trump a booming economy with a low unemployment rate.Reagan, of course, did many of the things during his own presidency he seemed to warn against in 1961. For good reason, the economy of the 1980s and 2000s is very different from the one that existed back in 1961. I would not want a doctor trying to use ’60s era advice to treat my cancer. I would not want a politician using one non-economist’s ideas about the 1960s economy to handle the economic realities of today.In the speech, Reagan warned against the government spending more than it takes in. As president, Reagan increased the debt by nearly a trillion dollars. The USA went from being the world’s biggest creditor to the world’s biggest debtor.In the speech, Reagan complained the USA raised the debt limit three times and warned against this. President Reagan raised the debt limit 18 times. Obama raised it 4 times, by comparison.So, yeah, Reagan in 1961 warned against things the Obama administration did. But Reagan also warned himself. If Reagan didn’t heed his own ancient advice, why expect Obama to? The likely answer is both Reagan and Obama, when president, knew Reagan’s understanding of how the economy in 1961 worked was simply misinformed.tl;dr: Are conservatives aware Ronald Reagan warned us about the deficit spending disaster that was Ronald Reagan’s presidency?Update: Oh, look. Trump just raised the debt limit too. Boy, why didn’t he listen to Reagan from the 1960s! What a jerk, huh?News from The Associated Press

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