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| Topic: Deficits | |
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Wednesday, August 05, 2009 Seventy-one percent (71%) of U.S. voters say President Obama’s policies have increased the size of the federal deficit, according to a new Rasmussen Reports national telephone survey. Only five percent (5%) say the president’s policies have cut the deficit, and 10% say they have had no impact. Thirteen percent (13%) are not sure. Eighty percent (80%) of investors say Obama’s policies have driven up the deficit, a view shared by just 57% of non-investors. Not surprisingly, 88% of Republicans blame the president’s policies, compared to 52% of Democrats. But 79% of voters not affiliated with either party agree. Obama has initiated a number of big spending programs intended to jump-start the U.S. economy, and the Treasury Department estimates that the federal debt has grown by more than a trillion dollars since he took office. In his defense, the president notes that he inherited both an economic crisis and an already sizable deficit from President Bush. http://www.rasmussenreports.com/public_content/politics/obama_administration/august_2009/71_say_obama_s_policies_have_driven_up_deficit I'd like to know who the 5% were that said Obama's cut the deficit.. |
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Edited by
Giocamo
on
Wed 08/05/09 09:02 PM
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Wednesday, August 05, 2009 Seventy-one percent (71%) of U.S. voters say President Obama’s policies have increased the size of the federal deficit, according to a new Rasmussen Reports national telephone survey. Only five percent (5%) say the president’s policies have cut the deficit, and 10% say they have had no impact. Thirteen percent (13%) are not sure. Eighty percent (80%) of investors say Obama’s policies have driven up the deficit, a view shared by just 57% of non-investors. Not surprisingly, 88% of Republicans blame the president’s policies, compared to 52% of Democrats. But 79% of voters not affiliated with either party agree. Obama has initiated a number of big spending programs intended to jump-start the U.S. economy, and the Treasury Department estimates that the federal debt has grown by more than a trillion dollars since he took office. In his defense, the president notes that he inherited both an economic crisis and an already sizable deficit from President Bush. http://www.rasmussenreports.com/public_content/politics/obama_administration/august_2009/71_say_obama_s_policies_have_driven_up_deficit I'd like to know who the 5% were that said Obama's cut the deficit.. In his defense, the president notes that he inherited both an economic crisis and an already sizable deficit from President Bush....If I'm not mistaken...Obama was right their in the Senate...voting for everything he says he inherited...also...It took GW Bush...2 1/2 years to add 1 Trillion dollars to the National Debt...Obama did it in 6 months... |
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Edited by
InvictusV
on
Thu 08/06/09 08:07 AM
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debt is what caused this current financial crisis.
How can someone justify multiplying the debt to help bring a resolution to a debt induced collapse? This cash for clunkers nonsense is a perfect example of the insanity that oozes from Washington.. lets give people $4500 of tax payer money that we really don't have, to put more debt on people that probably can't afford it.. This is the same sort of artificial manipulation that got us in the mess to begin with.. Cost of living increases are next thanks to skyrocketing inflation. Then comes the double digit interest rates.. You think its bad now? Just wait... Its only going to get worse.. Much worse.. |
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 on target
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