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Obama's Funny Math???

Obama's budget planned for $7 trillion in cumulative deficits over the next 10 years... The Congressional Budget Office announced the deficits at $1.6 TRILLION HIGHER than the Obama Administration Projected.

Is this another example of an Inexperienced President attempting to run our nation?

http://www.latimes.com/news/nationworld/nation/la-na-obama-budget20-2009mar20,0,1486768.story

Answer Question
 
grlygrlz2

Asked by grlygrlz2 at 12:08 PM on Mar. 20, 2009 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (24)
  • Who comes up with these amounts of money...... is there really such thing as a trillion dollars? LOL or do they just pull big numbers out of their ass?
    Anonymous

    Answer by Anonymous at 12:10 PM on Mar. 20, 2009

  • No! This is him trying to fix the freaking mess the previous president left him to deal with!
    Anonymous

    Answer by Anonymous at 12:10 PM on Mar. 20, 2009

  • How do you fix out of control spending with more out of control spending anon 12:10?
    momjoy1027

    Answer by momjoy1027 at 12:13 PM on Mar. 20, 2009

  • Great Question momjoy1027!!!!
    grlygrlz2

    Answer by grlygrlz2 at 12:16 PM on Mar. 20, 2009

  • I wish I could closes my eyes like dorthy click my heels and instead of "there's no place like home" ........."There is no big spending socialist big government bringer in the WH"
    Anonymous

    Answer by Anonymous at 12:16 PM on Mar. 20, 2009

  • wish I could closes my eyes like dorthy click my heels and instead of "there's no place like home" ........."There is no big spending socialist big government bringer in the WH" --------------------------------------------------------------------------------------------------------------------


      It doesnt work, he is still there.

    PestPatti

    Answer by PestPatti at 12:28 PM on Mar. 20, 2009

  • "Is there such a thing as a trillion dollars?" Good point. And up until Wednesday, there pretty much was NOT - all the trillions were just blinking numbers in bank computers. However, while we were being royally distracted by the circus show about AIG bonuses, the Federal Reserve quietly printed up a trillion. No discussion, no news coverage.

    2 points.
    We are clear that the Federal Reserve is a private company - right?
    And we are aware that when more slips of paper with $100 inked on them start moving around the economy it forces inflation.

    THIS much money risks runaway inflation ... as in a loaf of bread costs $3 this week and $11 next week and ...
    The Federal Reserve is hoping that they can create more spending (to get the economy-engine running again) with this money .... and gambling that the engine will start running quickly enough that runaway inflation can be controlled.

    Big numbers = big problems.
    waldorfmom

    Answer by waldorfmom at 12:29 PM on Mar. 20, 2009

  • I know I can dream well for now because the american dream is about to go bye bye.
    Anonymous

    Answer by Anonymous at 12:30 PM on Mar. 20, 2009

  • The second Carter only WORSE
    Anonymous

    Answer by Anonymous at 12:32 PM on Mar. 20, 2009

  • of course it is an inexperienced President! Anyone who enters office for the first time in an inexperienced President. IE- they have had no previous experience being President...
    ZaTa

    Answer by ZaTa at 12:52 PM on Mar. 20, 2009

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