Obama has spent more money than Bush but it's not a crazy endless spending spree.
http://www.factcheck.org/2012/06/obamas-spending-inferno-or-not/
The bills and increases he have signed represent roughly $200 billion in increase. Your comparison to the Iraq war cost that this is supposed to be more than is estimated anywhere between $500 billion and $4 trillion depending on metrics used.
I always love it when a cost estimate can swing from 800%... As far as what he signed, of course that doesn't take into account inflation, and artificially manipulated interest rates (Both are really taxes), or the preprogramed across the board increases from BASE LINE BUDGETING. Interesting this isn't included. We are borrowing what, 50% of every dollar spent? This cannot continue, but Obama still is determined to go farther. What was his pledge to cut spending? How much has he cut? What will be the real cost of socialized health care?
Where was it spent?
Thanks to this administration's push for accountability and transparency
IE "we have to pass the bill so you can see what's in it"
So much for Obama's promise to provide time for review and discussion over bills not to mention the governmment SEIZING control of nearly 20% of the US economy as well as setting the stage to control nearly any aspect of your life. Unless unpluged now this debocle will NEVER go away and will, like all such give-aways, spiral ever upwards.
of spending you can actually see for yourself who's getting the most out of grants and tax breaks. Hint: it's not entirely public workers unions, patronage employee armies and whatever the hell 'Chicago Politics' is supposed to mean.
It means this:
http://articles.chicagotribune.com/2011-09-18/news/ct-met-kass-0918-20110918_1_solyndra-loan-guarantee-obama-fundraisers-obama-white-house
Chicago Politics is the methodology used by the Chicago machine to crush opposition and entrench the party through Money grabs, payoffs, shakedowns, voter fraud, backroom deals, no bid contracts, money laundering, and patronage workers/unions in liberating the taxpayers of their money. Its organized crime. This is where Obama came from. I gaurantee there is not a whole lot of transparent accounting here. Wanna learn more for a quick example? Research the Chicago hired trucking scandal. Ever see the series Boss? It is based on a real politician.
Here are the biggest recipients of recovery spending since 2009:
Solyndra was actually from the Bush era :
http://money.cnn.com/2012/06/06/technology/solyndra/index.htm?iid=HP_LN
The majority of Solyndra funding was provided under Title XVII section 1705 of the Energy Policy Act of 2005 (as amended by the American Recovery and Reinvestment Act). Title 1705 has provided $36 billion in loan guarantees for renewable energy projects.[20] As of May 16, 2012, "The 1705 loan guarantee program has provided loan guarantees to projects worth $16.1 billion," about 2% of total federal loan guarantees.[21]
The larger point though is the disagreement with investment in green energy on the whole right?
NO, it means disagreeing on having the Government doling out taxpayer dollars to political cronies by politicians that are entirely unqualified, and untrustworthy. Largely, alternative energy is a scam. Unsustainable and costly. It is a gaurenteed fail. Private business is the most efficient way to accomplish these goals, and it cost the tax payers zip.
If so that's a fine view to hold... I happen to think it's a fine way of advancing technical research while creating jobs (some temporary, some will prove to be long term). NASA rather famously had it's funding cut by this administration, and a lot of what NASA research comes up with eventually finds it's way into your home.
http://spinoff.nasa.gov/Spinoff2008/tech_benefits.html
Investing in tech companies instead of NASA will create more short term jobs and hopefully without sacrificing tech research and invention. Ideally it will actually create more short term useful research.
Nuclear programs have not been excluded from support.
http://energy.gov/articles/obama-ad...ion-design-and-commercialize-us-small-modular
WHY DO TAXPAYERS NEED TO FUND SOMETHING PRIVATE BUSINESS CAN DO THEMSELVES? How many new nuke plants built in the US during the last four years ?
I'm not sure the big 3 automakers can share a big part of the blame for the recession. They were pushing SUVs well after demand started dropping for them and that was short sighted, and drove a lot of business to smaller cars once MPGs became so important to the average car buyer. They were going to struggle with or without the recession as a result, but beyond that I'm not sure why in the scope of this whole mess this gets picked out?
The US automakers went bankrupt due to unsustainable pension and benifit costs, not because of SUV's. These demands were forced down the throat of the automakers by the unions, and the boobs in charge signed off on it. Now you and I pay for it, along with the bond holders that were taken to the cleaners. The reason this is pointed out is because Obama handed the keys to the unions as part of the restructuring, so it will come arround again.
When Obama took office... everybody knew the economy was in deep shit and he would have his work cut out for him. People against him said he was going to sink the whole country, and people that supported him said he had better be able to get shit done.
It is now 4 years later, and his opponent is campaigning on being able to create 12 million jobs in the next 4 years. He's been extremely fuzzy on the details of how he's going to do that.
Its not really that fuzy at all. Obama has shouted that he is going to have the wealthy pick up the tag, but in reality this means a huge number of small businesses. Of course they pass all of this along to...... YOU GUESSED IT, the rest of us through higher cost for goods and services. Or the added burden will force them out of business. As it stands, there are less people working now, than when Obama took office.
Romney wants to reduce the burden on businesses which means more commerce. It will take congress to make this happen, but we already KNOW Obama will continue to hammer business.
Things are legitimately looking up. They're not great yet, but the improvement is visible and expected to improve. If you want a funny metric on the overall confidence of the American people... when this whole thing started you could not find this product:
http://www.amazon.com/Emergency-Survival-Food-Supply-Meal/dp/B0029BE7AW Because it was sold out everywhere. Everybody was fearing the absolute worst to the point where 'emergency food bucket' was actually an unobtainable item. I happen to know this because at the time I was trying to buy one lol.
I keep saying this - if you don't support a candidate that's fine. Just be sure the reasons you don't like them are accurate.
hes been here for 4 yrs. I challenge..wait i dar everybody to go and listen to all his "promises" from 2008..and compare them to what really happened.
