Geez, on Thursday the Monthly Treasury Statement will complete Fiscal Year 2014. I can hardly wait to present proof of ObamaCare bending the cost of healthcare down. Not to mention proving that our budgetary genius must certainly demonstrate that he is more spendthrift than Bush the Chimp.
Beers all around when 'The One' chumps 'The Chimp'.
Numbers do not lie. Just wait till Thursday. I am giddy with glee!!!
Monday, October 13, 2014
Saturday, March 08, 2014
Obama, Working on a Three-Bagger!!!
Obama, Working on a Three-Bagger!!!
Peter Lynch would be proud, impressed, and embarrassed at the same time. We got ourselves a Three-Bagger in the making. Already well into a double, but with three years remaining who doesn't believe in Obama. Just $1.8 Trillion away. Piker material. He can do it in a year!!!
| President Bush | President Obama | ||||
| Year | Deficit | Year | Deficit | ||
| 2001/02/01 - 2001/09/30 | $ -53,129 | 2009/02/01 - 2009/09/30 | $ 1,019,780 | ||
| 2002/09/30 | $ 158,520 | 2010/09/30 | $ 1,294,204 | ||
| 2003/09/30 | $ 374,219 | 2011/09/30 | $ 1,298,614 | ||
| 2004/09/30 | $ 412,553 | 2012/09/30 | $ 1,089,353 | ||
| 2005/09/30 | $ 318,615 | 2013/09/30 | $ 680,232 | ||
| 2006/09/30 | $ 247,698 | 2014/01/31 | $ 184,019 | ||
| 2007/09/30 | $ 162,833 | 2015/09/30 | |||
| 2008/09/30 | $ 454,806 | 2016/09/30 | |||
| 2008/10/01 - 2009/02/01 | $ 395,943 | 2016/10/01 - 2017/02/01 | |||
| Totals: | $ 2,472,058 | Totals: | $ 5,566,202 | ||
Peter Lynch would be proud, impressed, and embarrassed at the same time. We got ourselves a Three-Bagger in the making. Already well into a double, but with three years remaining who doesn't believe in Obama. Just $1.8 Trillion away. Piker material. He can do it in a year!!!
Saturday, January 04, 2014
Glory in Obama!!!
Single handedly President Obama reduced the FY2013 deficit to a mere $225,426 Billion 'discount' to the Chimp's worst effort. 'W' - what a chump - could only generate a negative outflow of $492,334 (inflation adjusted) in FY2008. And, he was only able to accomplish this pathetic effort during the very height of the housing and credit bubble. What a piker.
We glory in Obama!!!
| President Bush | President Obama | ||||
| Year | Deficit | Year | Deficit | ||
| 2001/02/01 - 2001/09/30 | $ -53,129 | 2009/02/01 - 2009/09/30 | $ 1,019,780 | ||
| 2002/09/30 | $ 158,520 | 2010/09/30 | $ 1,294,204 | ||
| 2003/09/30 | $ 374,219 | 2011/09/30 | $ 1,298,614 | ||
| 2004/09/30 | $ 412,553 | 2012/09/30 | $ 1,089,353 | ||
| 2005/09/30 | $ 318,615 | 2013/09/30 | $ 680,232 | ||
| 2006/09/30 | $ 247,698 | 2014/09/30 | |||
| 2007/09/30 | $ 162,833 | 2015/09/30 | |||
| 2008/09/30 | $ 454,806 | 2016/09/30 | |||
| 2008/10/01 - 2009/02/01 | $ 395,943 | 2016/10/01 - 2017/02/01 | |||
| Totals: | $ 2,472,058 | Totals: | $ 5,382,183 | ||
Earlier I postulated that Obama may be slipping: "If this Administration continues to amaze me by reducing the FY2013 deficit by $6 Billion a month we will ONLY have an annual deficit of $457 Billion." That was truly disappointing.
However, I knew I could count on him and his Administration. Even with record income he strove to spend the best he could under the straight jacket impost by the Tea Party.
So, let us party with $680,232 of new debt!!!
However, I knew I could count on him and his Administration. Even with record income he strove to spend the best he could under the straight jacket impost by the Tea Party.
So, let us party with $680,232 of new debt!!!
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