Barack Obama Says: “There Is No Debt Crisis” … “We Don’t Have an Immediate Crisis” Actually We Have a $16.6 Trillion Debt
The United States has a $16.6 trillion debt and counting and Barack Obama thinks we do not have a debt crisis …
How out of touch and dangerous is President Barack Obama for America? During an interview with ABC News Obama acted said that there was no debt crisis. Obama’s exact comment was, “we don’t have an immediate crisis in terms of debt. In fact, for the next 10 years, it’s going to be in a sustainable place.” Really Mr. President … the present national debt is $16.6 trillion and counting by the second. The US is well on their way to being Greece under this president and Obama sits back and spends more. If this is how Obama actually thinks, how on earth could there ever be any real deal between the GOP and Democrats on real reduction of spending, entitlement programs and social security? The Obama comment is just so absolutely insane and in such direct polar opposite to the GOP that in my opinion the Republicans should never concede or meet in the middle on the issue. This is the wrong president to make any real tax reform, social security reform or entitlement reform with. Obama just is not serious.
Watch the above ABC News interview and the completely out of touch president Obama … He has no intention of balancing budget & blames the Secret Service for ending WH tours
We had already previously reported that during the interview that Barack Obama had no intention of balancing the budget. America, that is code for spend, spend, spend.
As Real Clear Politics stated, In Reality, Debt Matters. It Matters a Lot.
That’s a pretty convenient position, wouldn’t you say, for a man who’s helped pile on trillions of dollars of new debt and created an entitlement that promises to escalate this non-crisis crisis of ours? Problem is that there are a few trillion things wrong with this contention.
Right now, we’re spending more money to pay interest on debt than we’ll spend on education, homeland security, transportation and veterans’ benefits combined this year. Surely, there’s something better to spend that money on. And those interest payments are a significant tax on Americans — a debt tax that Washington doesn’t want to talk about. And just wait until interest rates rise, because at some point they will.
UPDATE I: Obama meets with House Republicans with the charm offensive, make that the “smarm” offensive and downplays ‘immediate’ debt crisis.
His statement would be sharply at odds with a core Republican principle that the debt must be addressed soon — and which underpinned the cost-cutting GOP budget released Tuesday. The president also acknowledged, in an interview aired earlier in the day, that differences with the GOP might be “too wide” to bridge.
Still, the president made the rare visit with House Republicans on Capitol Hill as part of what some are calling his charm offensive. The president is making a renewed effort to meet with Republican leaders and rank-and-file lawmakers amid overlapping budget battles and a series of deadlines on the horizon.
Gallup Job Approval Poll has Barack Obama are Back in the 40′s
President Barack Obama’s job approval numbers are back into the 40′s. It’s only a matter of time that voters have buyer’s remorse and are sick and tired of the lack of leadership from this president. The consistent excuses and blame are growing old. So is the lack of jobs. Obama is the worst job recovery President since the Great Depression. Obama can no longer blame Bush and his exaggerations of the apocalypse of sequestration will be his undoing. Americans patients will grow thin when they realize that he cares more about his legacy than what’s good for Americans and the United States.
UPDATE I: As reported at the Politico, Obama’s approval rating was 46 percent between Feb 29 and March 2, down from 53 percent a week earlier.
The drop comes after Obama and Congress failed to reach a last-minute deal and automatic sequester cuts kicked in across the government on Friday.
His disapproval rating also jumped to its highest level since November, hitting 46 percent over the weekend, up from 40 percent a week earlier.
Is it a coincidence that Obama’s approval ratings have fallen following the sequestration, or is it a result of? As stated at Powerline, Obama made promises he did not keep, he has made outlandish claims that the sky would fall and he lied when he claimed the sequestration was not his idea. Are the people finally getting fed up with Obama?
Is it because folks remembered President Obama’s promise during one of the debates that there will be no sequester? Is it because wrod got out that the sequester was Obama’s idea? Is it because folks don’t mind the sequester and resent Obama’s effort to make it sound like the end of the world?
Posted March 4, 2013 by Scared Monkeys Barack Obama, class warfare, Divider in Chief, Economy, Epic Fail, Gallup, Jobs, Leading from Behind, Obamanation, Obamanomics, Polls, Socialist in Chief, The Lying King | 2 comments |
Another Accomplishment for Barack Obama … Americans See Biggest Monthly Income Drop in 20 years As Obama Adds $6 Trillion to National Debt
Thanks to Barack Obama … Incomes Down and Debt through the stratosphere.
Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. Of course the bias MSM will have you believe that it is merely a coincidence that this occurred on Obama’s watch. It was Obama’s tax the so-called rich agenda that made corporations pay out early dividends to avoid the upcoming Obama tax hikes. It was Obama’s refusal to extend the payroll tax cuts that made most workers (including the middle class that Obama claims to care about) had to pay 2% more in taxes this year.
Obama must wet himself laughing every day that an ignorant electorate reelected him DICTATOR
Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.
Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.
All this as Barack Obama added $6 Trillion to the National Debt.
Since President Barack Obama took office in January 2009, more than $6 trillion dollars has been added to the national debt.
“Without fanfare, the Bureau of Public Debt at the Treasury Department quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37),” reports Mark Knoller of CBS. [debt clock]
“On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion.”
And debt is expected to increase by nearly another trillion this year. “Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years – all of which will add to the national debt.”
Barack Obama is killing America.
Posted March 2, 2013 by Scared Monkeys Barack Obama, Budget Deficits, Capitaism, Crony Capitalism, Economy, Epic Fail, National Debt, Obamanation, Obamanomics, Politics of Fear | 6 comments |
WOW, From You Obama Administration … Joe Biden Says American’s No Longer Worried About the Economy
UNBELIEVABLE, GET READY FOR 4 MORE YEARS OF ECONOMIC PAIN AMERICA AND YOU VOTED FOR IT …
Don’t worry Obamanomics has saved the US economy, NOT!!! America, the following is not a Joe Biden gaffe. It is what the Obama administration and Democrats actually believe. They think that you are no longer worried about the economy and this way it will enable Obama to move on to guns and immigration as Americans continue to be unemployed. Yesterday at the White House, the economist Joe Biden told reporters, Americans no longer worried about the economy.
“They are no longer worried, I think, about our economy being overwhelmed either by Europe writ large, the EU, or China somehow swallowing up every bit of innovation that exists in the world. They are no longer, I think, worried about our economy being overwhelmed beyond our shores.”
What say you America, are you concerned about the economy, lack of job growth, record number of Americans on food stamps and a standard of living that continues to go down? Just curious, what has changed? It certainly cannot be President Barack Obama’s economic record of job growth as Obama wins the “Gold For Worst Economic Recovery Ever”.
Posted February 26, 2013 by Scared Monkeys Barack Obama, Economy, Epic Fail, Food Stamps, Jobs, Joseph Biden, Labor Force, Obamanation, Obamanomics, Recession, Unemployment, WTF, You Tube - VIDEO | 6 comments |
LES MISERABLES: Detroit Tops List of Most Miserable Cities in United States … Obama’s Current Home Town of Chicago is #4 with a Bullet
For the most miserable cities, it truly is an Obamanation …
This should come as a shock to absolutely no one … According to Forbes ranking, Detroit, Michigan tops the list as the most miserable city in the United States. Detroit was a pretty easy choice for #1 with its violent crimes, high unemployment, dwindling population and financial crisis. What do you notice that every one of these cities has in common … Democrat leadership, or the lack thereof. What do these cities also have in common, they all overwhelmingly voted for Barack Obama. Don’t look now, as the immortal Casey Kasem would say during his music countdown, Obama’s current home town of Chicago is #4 with a bullet.
The latest blow was Tuesday’s announcement that the city is on the verge of being taken over by the state. Detroit is in a financial emergency and cannot pay its bills. The city has been issuing debt to fund day-to-day operations. The continuing problems propelled Detroit to the top spot in our 2013 ranking of America’s Most Miserable Cities.
This year we examined nine factors for the 200 largest metro areas in the U.S. The metrics include the serious: violent crime, unemployment, foreclosures, taxes (income and property) and home prices. We also include less weighty, but still important quality-of-life issues like commute times and weather.
Detroit’s problems are hardly new. It has been in a four-decade decline, paralleling the slide of the U.S. auto industry. The city’s debt rating was cut to junk by Moody’s Investors Service in 1992, but declining tax revenues from a shrinking city will soon make Detroit a ward of the state.
Violent crime in the Detroit metro division was down 5% in 2011, but it remains the highest in the country with 1,052 violent crimes per 100,000 people, according to the FBI. The city’s financial problems have forced significant cutbacks to the police force. It is a circuitous problem as high crime and unemployment force people to leave the city, which lowers the tax base and strains Detroit’s finances further.
TOP 10 List. The rest of the Top 20 can be seen HERE.
1. Detroit, MI
2. Flint, MI
3. Rockford, IL
4. Chicago, IL – With Barack Obama in office and Rahm Emanuel as mayor Chicago is fading fast. Emanuel’s approval rating plummeting and Chicago is becoming the poster city for gun violence, even with the strictest gun laws in the country. Chicago has slipped from 10th in 2010, 7th in 2011 and 6th in 2012. With the strictest gun laws in the country and with it is only a matter of time before Chicago becomes #1.
5. Modesto, CA
6. Vallejo, CA
7. Warren, MI
8. Stockton, CA
9. Lake County, IL
10. New York, NY
Posted February 23, 2013 by Scared Monkeys Crime, Democrats, Economy, Epic Fail, Liberals, Misery Index, Murder, Obamanation, Obamanomics, Progressives, Taxes, Unemployment, WTF | 3 comments |