January 20, 2009 - President Obama sworn into office
Debt Held By Public = $6.31 trillion
February 17, 2009 - President Signs into Law the Spending Stimulus
Debt Held by Public = $6.48 trillion
February 26, 2009 - President Issues FY2010 Budget
* Debt Held by Public = $6.58 trillion
March 11, 2009 - President Signs FY2009 Omnibus Appropriations Act
Debt Held by Public = $6.66 trillion
April 29, 2009 - Congressional Democrats Pass FY2010 Budget
Debt Held by Public = $6.85 trillion
February 2, 2010 - President Issues FY2011 Budget
Debt Held by Public = $7.85 trillion
March 23, 2010 - President Signs Health-Care Overhaul Into Law
Debt Held by Public = $8.18 trillion
April 15, 2010 - Congressional Democrats Decide Not to Do a Budget for FY2011
Debt Held by Public = $8.39 trillion
July 21, 2010 - President Signs Financial Regulatory Overhaul Into Law
Debt Held by Public = $8.69 trillion
February 14, 2011 - President Issues FY2012 Budget
Debt Held by Public = $9.45 trillion
April 13, 2011 - President Delivers Speech on Deficit Reduction
Debt Held by Public = $9.65 trillion
April 15, 2011 - House Passes FY2012 Budget Resolution
Debt Held by Public = $9.68 trillion
April 18, 2011 - S&P Issues Credit Warning on U.S. Debt
Debt Held by Public = $9.68 trillion
May 13, 2011 - Medicare and Social Security Trustees Issue Warning of Looming Insolvency
Debt Held by Public = $9.67 trillion
May 25, 2011 - Senate Unanimously Rejects President’s FY2012 Budget; Vote is 97-0
Debt Held by Public = $9.72 trillion
June 23, 2011 - CBO Director Further Discredits President’s Fiscal Record
Debt Held by Public = $9.74 trillion
July 8, 2011 - Unemployment Hits 9.2%; Day 800 Since Senate Democrats Last Passed A Budget
Debt Held by Public = $9.75 trillion
July 11, 2011 - Senator Conrad Gives Budget Speech on Senate Floor
Debt held by Public = $9.75 trillion
July 15, 2011 - President Holds Press Conference: “We’re Running Out of Time” to Deal with Debt
Debt Held by Public = $9.75 trillion
Speeches. Not budgets. Not tangible plans to improve American society. Speeches. And golf.
3 comments:
Gosh, Obama, shouldn't you be looking for some revenues to offset the drop caused by Bush's Great Recession?
@foulmothedwife -
hey, schmendrick, the right-wing new york times author published a book on the cause of the great recession.
here's the review by the right-wing robert reich.
educate yourself, fool.
Obama’s intractable insistence on tax hikes would seem to point to a conclusion that not only don’t they want conditions of the Obama Depression to get better, but in fact that would prefer for them to get worse, much worse.
The Obama of 2009 didn’t think tax hikes would be a good idea.
After all, it is simply axiomatic that when you discourage an activity you get less of it.
This point seems to hold true with the Left in regards to so-called ‘sin taxes’ – they rightly know that higher taxes on cigarettes and fatty foods will decrease their consumption.
So why can’t they realize this with income, capital gains and other taxes on achievement?
Could it be that just as they like to see the military fail and have it thus be discredited, they also prefer to see the economy fail and thus capitalism be discredited?
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