Originally
posted by
KoHeartsGPA:
Originally
posted by
Twain:
Thanks for proving my point KoH.
I'ts POINTLESS, you Libs are arrogant and ignore a fact even if it was standing right in front of you, I'm not wasting my time with that kind of logic!, but i will throw one, CHANGE, uhm... where is it?, Obama in 3 years spent double what Bush spent in 8!
Oh, the irony.
Thanks for saying that I'm close-minded because you have absolutely no real arguments to show how evil Obama's been. I've actually argued real points, giving actual evidence of why I believe he's been a good president.
Because I don't buy into the name-calling of the right-wing media who calls him an apologizing Muslim Socialist, I'm clearly close-minded. Meanwhile, your contributions to this thread include laughing at my posts, blindly agreeing with Watertower's statement about Obama being sinister (with no explanation or context to prove anything of course), and lastly calling me arrogant and close-minded, despite the fact that you're displaying the same arrogance and close-mindedness you claim I have.
Oh, and saying "Hope and Change" like it's some big insult to him.
And total spending means very little. It's like comparing my first house's price to my parents' first house's price. Even though it's only been 8 years difference between Bush's first budget and Obama's, the budget constantly grows. As long as the GDP grows with it, it's really not a big deal. Look at the numbers as Spending as a % of GDP and you'll find that Obama has upped the spending moderately compared to Bush, but I would argue that this is a good thing considering we were in recession (for comparison sake, FDR upped the Spending relative to GDP from about 10% pre WW2 to a high of 41.5%.
Other recessions - Reagan taking over in the early 1980s raised spending from about 18% to 22-24% of GDP (hard to tell exact numbers, since I'm reading this off a chart).
Obama raised spending from about 17% to slightly over 25%.
Other times there have been big jumps include the big wars (Civil War, WW1) and the 1950s when apparently Eisenhower took it from 12 to 22% (again, approximates).
Citation:
http://www.ritholtz.com/...as-a-percentage-of-gdp-2/