Obama unveils 2011 budget with $3.83T in spending - PowerStrokeNation : Ford Powerstroke Diesel Forum
 
LinkBack Thread Tools Display Modes
post #1 of 6 (permalink) Old 02-01-2010, 02:41 PM Thread Starter
RightWingNut
 
Tbar's Avatar
 
Join Date: Jul 2007
Posts: 392
Obama unveils 2011 budget with $3.83T in spending

Obama unveils 2011 budget with $3.83T in spending

Quote:
WASHINGTON (AP) — President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs.

The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year's then unprecedented $1.41 trillion gap. The deficit would remain above $1 trillion in 2011 although the president proposed to institute a three-year budget freeze on a variety of programs outside of the military and homeland security as well as increasing taxes on energy producers and families making more than $250,000................

Obama unveils 2011 budget with $3.83T in spending - Yahoo! News

Tripling the debt in 10 years........do these people REALLY think this is sustainable??? Just the interest on that debt will be more than what we are spending on national defense now!!!

The dollar won't be worth squat and.........regarding taxing energy producers y'all grab your wallets. The end user ALWAYS pays for this !!!

Quick Pocket.........come to the defense of your favorite president!!!


Tbar

Ignore narcissistic trolls.......without an audience they shrivel up and go way.....!!!


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Tbar is offline  
Sponsored Links
Advertisement
 
post #2 of 6 (permalink) Old 02-01-2010, 03:02 PM
Yeah, it's like that
 
ducatirider944's Avatar
 
Join Date: Jul 2009
Location: Right Wing, Midwest
Posts: 2,419
Re: Obama unveils 2011 budget with $3.83T in spending

Someone needs to repo his Air Force One and cut up his credit cards. This is what would happen to anyone living in the USA that was running this far into the red

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
ducatirider944 is offline  
post #3 of 6 (permalink) Old 02-01-2010, 05:03 PM
PSN Veteran
 
samdust's Avatar
 
Join Date: Nov 2007
Location: La vernia TX.
Posts: 1,045
Send a message via MSN to samdust
Re: Obama unveils 2011 budget with $3.83T in spending

they will somehow blame it on bush and the republicans. you just cant win.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
2001 f-250,7.3,4x4,cc
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

CORNFED RANGER

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
samdust is offline  
 
post #4 of 6 (permalink) Old 02-02-2010, 12:44 AM
utah get me two
 
Join Date: Jul 2007
Location: anahein ca
Posts: 1,935
Re: Obama unveils 2011 budget with $3.83T in spending

Quote:
Originally Posted by Tbar View Post
Obama unveils 2011 budget with $3.83T in spending




Tripling the debt in 10 years........do these people REALLY think this is sustainable??? Just the interest on that debt will be more than what we are spending on national defense now!!!

The dollar won't be worth squat and.........regarding taxing energy producers y'all grab your wallets. The end user ALWAYS pays for this !!!

Quick Pocket.........come to the defense of your favorite president!!!


Tbar

i watch this volly between you and pocket
funny thing is,your allways attacking him
but he just debunks some bs,and is many times the voice of reason.

but he isnt a liberal,oboma loving,solicalist,treehugging,greenie douchnozzle.so chill a little.

and before you freak out on me,
i like what you have to say many times also
your both trying to keep it real..

my .02

[SIGPIC][/SIGPIC]2001 f250 4x4 cc sb 6 in lift...dp 6 pos..
glamis_dave is offline  
post #5 of 6 (permalink) Old 02-02-2010, 12:52 AM
<--Spy Vs. Spy
 
theSLEEPER's Avatar
 
Join Date: Apr 2008
Location: Diamondhead, Mississippi
Posts: 14,570
Re: Obama unveils 2011 budget with $3.83T in spending

Someone please tell me why all this spending doesn't equate to keeping the Constellation Program=my job, alive? Lots of jobs are going to be lost, and Obama's cutting THAT program... I don't ####in get it...


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

228-365-0698
Sheep only have two speeds, 'grazing' and 'stampede'.
Regulated Returns are on SALE!!
theSLEEPER is offline  
post #6 of 6 (permalink) Old 02-02-2010, 08:01 PM
Peon Extraordinaire
 
Join Date: Mar 2008
Location: Under A Tinfoil Hat
Posts: 1,880
Re: Obama unveils 2011 budget with $3.83T in spending

Quote:
Originally Posted by theSLEEPER View Post
Someone please tell me why all this spending doesn't equate to keeping the Constellation Program=my job, alive? Lots of jobs are going to be lost, and Obama's cutting THAT program... I don't ####in get it...
Tell me about it... I am in the same boat as you - cancellation of Constellation is a pink slip for me.

He talked about the need to create jobs and then cancels America's Space Program. Cancellation of Constellation will result in tens of thousands of people being layed off throughout the program (and supply chain). I fail to see how job creation goes hand in hand with creating layoffs...

And this rubbish about creating new jobs with the budget? If anyone were so inclined to look at the economic effect of R&D contracts (the majority of NASA's new budget) and that of production/manufacturing contracts; it is fairly obvious production/manufacturing creates significantly more jobs than R&D. The budget is based on the premise of spurring commercial entrance into Human Space, but it doesn't address how these companies are supposed to come up with the necessary capital to make that investment. Did they forget about the fact there is still a "credit crunch" in America?

America has spent $9billion on Constellation and somehow the investment of several hundred million of private funding is supposed to create more jobs and safely get astronauts and material to ISS. I would love to understand that - from a business and economic perspective.

The last point... Since America will be giving up our space program, we will have to rely on other countries to support the ISS. The cost? The budget contains enough funding for 10-15 flights per year at a current cost of $50million. So $500,000,000-$750,000,000 (that is $500-$750 million) per year for the next decade will be spent supporting the Russian or Chinese space program...

Sam
PS Guess I should be happy he increased unemployment benefits should I need to use them. Won't be enough to get my vote though...

The Trash Truck
96 CC F350 SRW - Built for SVO and mileage
Go Green - HotFox, Dual Heated Dahl 100s, Fuel Filter Coolant Wrap, ArcticFox
Go Fast - Hybrids, H2E, 6.0 IC, Fuelab, BTS 144.2/291.5 uncorrected


thanx
Rockin-S-Performance - Install, tech support, and advice
Diesel Innovations - Killer Deal on Parts
Tony Wildman/SWAMPS - Tuning
genie144 is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the PowerStrokeNation : Ford Powerstroke Diesel Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome