Spend it Obama!

#1
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allvol123

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#1
I know some of you Obama supporters have moaned and moaned about the cost of the Iraq War and in some ways that was one of your reasons for voting Obama. I guess you are cool with spending now, right?

Obama says aiding economy trumps budget deficit | U.S. | Reuters

The consensus is this, that we have to do whatever it takes to get this economy moving again, that we have to -- we're going to have to spend money now to stimulate the economy," he told the CBS television network's 60 Minutes news program.
"And (consensus is) that we shouldn't worry about the deficit next year or even the year after; that short term, the most important thing is that we avoid a deepening recession."
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Glad he does not view the government as the solution to everything, as one poster on here said recently.
 
#2
#2
You must be mistaken AV, because BHO has had this posted on his website for a few months now...
Plan for Restoring Fiscal Discipline

The Problem

Increasing Debt: Under President Bush, the federal debt has increased from $5.7 trillion to $8.8 trillion, an increase of more than 50 percent.

Barack Obama and Joe Biden's Plan

Restore Fiscal Discipline to Washington


End Wasteful Government Spending: Obama and Biden will stop funding wasteful, obsolete federal government programs that make no financial sense.

Barack Obama and Joe Biden: The Change We Need | Fiscal
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???
 
#3
#3
Putting money into the economy is a good way to get it stimulated. FDR did it and it seemed to work. I didn't vote for him, I'm just saying.
 
#4
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govols182 said:
Putting money into the economy is a good way to get it stimulated. FDR did it and it seemed to work. I didn't vote for him, I'm just saying.
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FDR's big government make work programs were killing the economy. WWII bailed him out from an economic standpoint.
 
#5
#5
Other that the war on terrorism and tax breaks for the taxpayers who pay the most in taxes, I wonder what Obama considers wasteful government spending?

I haven't heard him name too many other programs on the chopping block....
 
#6
#6
fdr's programs are what 40% of our budget now? let's hope mr obama doesn't follow his lead.
 
#7
#7
since the election's over, let's wait till the guy's in office before we start to criticize what he said and what he does....since he hasn't done anything yet and all
 
#8
#8
TrueOrange said:
since the election's over, let's wait till the guy's in office before we start to criticize what he said and what he does....since he hasn't done anything yet and all
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no. He's not waiting in tossing around his weight.
Posted via VolNation Mobile
 
#9
#9
allvol123 said:
I know some of you Obama supporters have moaned and moaned about the cost of the Iraq War and in some ways that was one of your reasons for voting Obama. I guess you are cool with spending now, right?

Obama says aiding economy trumps budget deficit | U.S. | Reuters



Glad he does not view the government as the solution to everything, as one poster on here said recently.
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So you're just giving Bush a pass on this -- Bush the so-called conservative -- while taking Obama to task? Where've all the righteous indignation with Bush's spending threads been?

Moreover, in general the government's supposed to spend its way out of recession.
 
#10
#10
jdsa said:
So you're just giving Bush a pass on this -- Bush the so-called conservative -- while taking Obama to task? Where've all the righteous indignation with Bush's spending threads been?

Moreover, in general the government's supposed to spend its way out of recession.
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I assure you that you're paying no attention if you missed the righteous indignation over Bush's spending. This board is littered with it.

Government spending out of a recession is a nice idea, but depends entirely on the type of G we're talking about.
 
#11
#11
Republicans criticizing Obama for government spending is like Vols fans criticizing ACC football teams with losing records.
 
#13
#13
lawgator1 said:
Republicans criticizing Obama for government spending is like Vols fans criticizing ACC football teams with losing records.
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do you mean from a historical perspective or are you basing this upon Bush not being a conservative in the least?

A democrat poking fun at anyone regarding spending is simply retarded.
 
#14
#14
jdsa said:
So you're just giving Bush a pass on this -- Bush the so-called conservative -- while taking Obama to task? Where've all the righteous indignation with Bush's spending threads been?

Moreover, in general the government's supposed to spend its way out of recession.
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Exactly.
 
#15
#15
OWB said:
Exactly.
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Exactly how does spending out of recession work from the tax and spend party?

The private sector is the only thing that has ever ended a recession. WWII ended the biggest one because the private sector fired up for WWII to help overcome FDRs disastrous spending.
 
#16
#16
BigPapaVol said:
do you mean from a historical perspective or are you basing this upon Bush not being a conservative in the least?
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I guess its possible for people to be both Bush supporters in general and to criticize Obama for being too reckless with spending, but that at the same time these same Bush supporters can say "But I don't have to defend Bush on spending because he's really not a fiscal conservative."

I don't have a problem with that. Now, those in power at the time have to shut up because they didn't do anything to stop Bush at the time, I would say that.

And I for one hope that Obama can trim spending greatly and increase revenues and right the ship once again.


BigPapaVol said:
A democrat poking fun at anyone regarding spending is simply retarded.
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Just as there are many Republicans who supported Bush but not his fiscal irresponsibility so are there many Democrats who would support Obama but not any fiscal irresponsibility on his part, too.

Goose/gander kind of a thing.
 
#17
#17
lawgator1 said:
I guess its possible for people to be both Bush supporters in general and to criticize Obama for being too reckless with spending, but that at the same time these same Bush supporters can say "But I don't have to defend Bush on spending because he's really not a fiscal conservative."
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I don't know of anyone on this board who hasn't bashed Bush for his ridiculous spending. Nobody's on here defending his fiscal policies in any way. If they were, it would be hypocritical, as you point out, to say anything about Obama's obvious penchant for government solutions and interventionism via checkbook.
 
#18
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BigPapaVol said:
I don't know of anyone on this board who hasn't bashed Bush for his ridiculous spending. Nobody's on here defending his fiscal policies in any way. If they were, it would be hypocritical, as you point out, to say anything about Obama's obvious penchant for government solutions and interventionism via checkbook.
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To be fair, the only spending he has said for sure he wants to make is, what, about $25 billion out of what has become the Chief Executive Banker Bailout Fund? Use it to help out the automakers (or if you are suspicious, the unions).

I heard last week on CNBC that Chevrolet and GM are the biggest sellers of new cars in Asia and that Chevrolet is the fastest growing automaker in the world right now. Might be a good reason to hang onto them, if you ask me. At least versus giving bank presidents billions of unaccounted for dollars.

What a complete freakin' mess this whole thing is.
 
#19
#19
lawgator1 said:
I guess its possible for people to be both Bush supporters in general and to criticize Obama for being too reckless with spending, but that at the same time these same Bush supporters can say "But I don't have to defend Bush on spending because he's really not a fiscal conservative."

I don't have a problem with that. Now, those in power at the time have to shut up because they didn't do anything to stop Bush at the time, I would say that.

And I for one hope that Obama can trim spending greatly and increase revenues and right the ship once again.





Just as there are many Republicans who supported Bush but not his fiscal irresponsibility so are there many Democrats who would support Obama but not any fiscal irresponsibility on his part, too.

Goose/gander kind of a thing.
Click to expand...

What color is the sky in your world?
 
#20
#20
lawgator1 said:
To be fair, the only spending he has said for sure he wants to make is, what, about $25 billion out of what has become the Chief Executive Banker Bailout Fund? Use it to help out the automakers (or if you are suspicious, the unions).

no, no. He moved that to $50 billion.

I heard last week on CNBC that Chevrolet and GM are the biggest sellers of new cars in Asia and that Chevrolet is the fastest growing automaker in the world right now. Might be a good reason to hang onto them, if you ask me. At least versus giving bank presidents billions of unaccounted for dollars.

If that's true of Chevy, maybe so, but I don't buy it and I don't buy that they're doing it profitably.

What a complete freakin' mess this whole thing is.
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The last line I'll give you. The world economy is a mess right now and the whole thing comes back to real estate defaults.
 
#22
#22
lawgator1 said:
To be fair, the only spending he has said for sure he wants to make is, what, about $25 billion out of what has become the Chief Executive Banker Bailout Fund? Use it to help out the automakers (or if you are suspicious, the unions).

I heard last week on CNBC that Chevrolet and GM are the biggest sellers of new cars in Asia and that Chevrolet is the fastest growing automaker in the world right now. Might be a good reason to hang onto them, if you ask me. At least versus giving bank presidents billions of unaccounted for dollars.

What a complete freakin' mess this whole thing is.
Click to expand...

the banks are viable businesses hurt by bad mortgage loans (not a repeatable problem) who will likely return to profitability in the near term. the autos are a broken business who will likely burn thru that $25 bil in the next 12 months and have ZERO chance of returning to profitiability under the current union contracts. you don't see the difference? one is money that is almost 100% likely to be returned, the other is money that is almost 100% likely to not be returned. and I very much doubt that chevrolet is outgrowing toyota. if they are they are selling more cars than ever at a loss. great business model.
 
#24
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jdsa said:
So you're just giving Bush a pass on this -- Bush the so-called conservative -- while taking Obama to task? Where've all the righteous indignation with Bush's spending threads been?

Moreover, in general the government's supposed to spend its way out of recession.
Click to expand...

Where have I given Bush a pass? And you are correct, Bush is a so-called conservative and that is it.
 
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