FactReal

QUICK FACTS: Politics, News, Economy, Religion, History…for busy people!

OBAMA’S BUDGET 101

Posted by FactReal on May 8, 2009

VIDEO: AN EASY WAY TO UNDERSTAND OBAMA’S BUDGET, SPENDING, DEFICIT, ETC.
GREAT SUMMARY VIDEO

OBAMA’S DEFICIT
Economy- Obama Deficit
CHART SOURCES
Chart #1, Chart #2, Chart #3, Chart #4
Obama’s Budget for Fiscal Year 2010 (FY2010)

BHObudget Obama’s unprecedented deficit

The Obama Budget: Spending, Taxes, and Doubling the National Debt:
“Between 1953 and 1982—a period of high tax rates, spending growth, and applied Keynesian eco­nomics—the economy was in recession 21 percent of the time, inflation reached 13 percent, interest rates hit 19 percent, and the stock market grew only 5.4 percent annually.

However, beginning around 1982, tax rates were dramatically reduced, and federal spending began decreasing as a share of the economy. In the 26 years following this major policy shift, the economy has been in recession only 10 percent of the time (including the current recession), inflation has never topped 5 percent, interest rates have never exceeded 12 percent, and the stock market (despite increased volatility) has soared 7.0 percent annually, even including the recent 50 percent drop.”

Clinton benefited from a free-market Republican congress


BAILOUT SUMMARY

$11 TRILLION DOLLARS IN BAILOUTS...

$11 TRILLION DOLLARS IN BAILOUTS!!!.....click here to see breakdown


$11 Trillion in Bailouts. Billions in Bribes.
RELATED
Stimulus money going to dead people, not to the neediest areas….
Federal Subsidy Programs on the Rise
Obama’s $17 Billion “Cut” in Pictures
Obama Proposed $17 Billion In Cuts– Seeks $81 Billion For His Agenda
Obama’s budget-cutting tools
Obama slashes anti-union corruption budget at DoL
Support the Cap-and-Trade Tax Disclosure Act
Why the national eco-tax is in trouble
Tea Party Directories All-In-One…& facts
How Democrats created the Economic Crisis
About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s