President Obama and His $1.3 Trillion Deficit

Each and every time President Obama holds a “News Conference”, a “Town Hall”, or otherwise talks into the microphone with a TV camera about a weakening economy, he continues to blame the Bush Administration. He started this debate early upon his swearing-in, and since then always mentions the fact that this is the worst recession since the “Great Depression”. Six (6) months into Presidential Obama’s own administration, the economy is weakening. At President Obama’s request, Capitol Hill legislators have passed an economic stimulus total, or giveaway if you choose to define it, exceeding $1.788 Trillion. Obama and his own administration members say they just underestimated the economy. How can Obama underestimate the economy when he very early said it was as enormous as the great depression? How did President Obama and the Democrat majority on Capitol Hill expect a $1.788 Trillion giveaway be the corrective medicine to a fragile economy? Does Americans really know and understand what $1.788 Trillion Dollars of deficit spending in our economy is all about? Taxpayers owe these deficits to lenders such as China, Saudi Arabia, etc.; some of these people and their governments don’t like Americans and/or our values. Would you like to see, and compare, what $1 Trillion may look like? See:

http://www..youtube.com/watch?v=1HFGLXLFzzI&eurl=http%3A%2F%2Fwww%2Edailynewscaster%2Ecom%2F2009%2F04%2F10%2Fwhat%2Ddoes%2Da%2Dtrillion%2Ddollars%2Dlook%2Dlike%2F&feature=player_embedded

Obama continues to say he inherited a $1.3 Trillion budget deficit. What he is leaving out is the fact that he himself said during the campaign that he was in contact with leaders on Capitol Hill to support the $700 Billion Stimulus #1 as reported on http://blogs.abcnews.com/politicalpunch/2008/11/goal-stimulus-p.html.

Sen. Obama then voted on October 1, 2008 for Stimulus #1 (This one was charged to President Bush) (On Passage of the Bill (H. R. 1424 As Amended )

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213#position

As President-elect, Obama pushed for an additional $250 Billion Stimulus (On the Joint Resolution (S.J.Res. 5 )

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=111&session=1&vote=00005

Be careful with this voting record. It is like a reverse vote for Obama and the majority Democrats to win this giveaway! - oyh

On February 13, 2009, the US Senate passed, for this recession, Stimulus #2. This was President Obama’s Stimulus #1 (H.R 1)

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=111&session=1&vote=00064n for an additional $838 Billion Stimulus “Big Fat Pork” loaded giveaway.

At what point in time will President Obama accept his own responsibility for his economic failures based on his own inability to recognize higher taxes, and recklessly spending taxpayers’ monies, are not the therapeutic medication for an ailing economy? When Mr. President? When will the George Bush administration end? When will you accept your own fiscal responsibility during this recession?

While we all pray for President Obama, America, and our world economy, President Obama, our US Senate, and US Congress cannot continue to increase taxes, and excessively outspend the intake of our taxpayers’ money. Lowering taxes and lowering spending will rebuild a fragile free economy, and continue for an economic expansion. Wake up and smell the coffee of success. It is, to a great extent, like a rising sun!