Obama Surges to Another New Record – Third Straight Year With Trillion Dollar Deficit

Congratulations Barack!
You’ve done what no one thought was possible until you took over the White House.

Barack Obama tripled the deficit his first year in office. Obama has kept the deficit above a trillion dollars for three straight years now.
Democrats must be very proud.

The Obama deficit this year is reach $1.299 trillion. (The Captain’s Comments)

And rather than bring down the deficit, this year we just witnessed the second largest deficit on record.
The Hill reported:

The U.S budget deficit for fiscal year 2011 is $1.299 trillion, the second largest shortfall in history.

The nation only ran a larger deficit for the 2009 fiscal year, which included the dramatic collapse of financial markets and a huge bailout effort by the government. The nation’s deficit that year was $1.412 trillion.

This year’s deficit is slightly higher than fiscal year 2010, when the nation ran a $1.293 trillion deficit. Fiscal years run through Sept. 30.

Republicans have criticized President Obama for deficits that have skyrocketed since he took office. Much of the shortfall is from smaller tax returns, a result of high unemployment and falling incomes during the recession and a slow recovery.

The GOP has also criticized spending programs, notably the $787 billion stimulus package of 2009, that were backed by the White House and congressional Democrats for rising deficits.

But, don’t talk to democrats about spending cuts. They don’t want to hear it. In fact, the Obama Administration is pushing another stimulus plan just like the last failed stimulus plan. How’s that for failed leadership?

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  • King Berry of Stupid

    Don’t worry. Next year I’m going to reduce the deficit by 3000%. I’m instructing everyone in my cabinet to find $100 million in savings, right now. Well, after I finish this round of golf. But, as soon as I’m done … and have had a few smokes. Then I’ll tell them.

    What am I telling them, again?

  • who says he was just a flash in the pan.

  • Dean Toadblatt

    Idiot. It’s only possible to hurt the economy unless you are trying really hard. The worse it gets, the more fools join those stupid protest and the CPA gets more members. Mission accomplished Obama! You’ve managed to screw us and incresed power for yourself and the Dems.

  • Druid

    Is that what happens if the President does not propose a budget / Congress does not pass one, it just gets indexed off last year’s budget?

  • Blacque Jacques Shellacque

    Obama has kept the deficit above a trillion dollars for three straight years now.

    He just can’t help himself.

    All…that…taxpayer…money… …just…begging…to…be…spent.

    So…many…people…that can be…bought off…

  • VetteRacer

    You’ll find 500 billion of that stashed up Moochelle’s butt where she also hides her dope, another 300 billion they gave to africa and 200 billion in obama’s offshore bank accounts.

    100 billion they spent at KFC and tacobell, 50 billion went to obama’s illegal alien family sucking up American welfare.

  • Dave Johnson

    You accidentally have the wrong color for 2009. 2009 was Bush’s last budget year, according to Cato Institute: http://www.cato.org/pub_display.php?pub_id=11094

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  • #6… Moochies also has two multi-million dollar foreclosed mansions also hidden in that massive caboose of hers, payed for with our taxpayer dollars. And has enough room in there for a whole neighborhood.
    I believe Cher had a hit song back in the 60’s or 70’s, that would fit Obama and Mooch to a tee. It was called Gypsies, Tramps, and Thieves, sounds like a good campaign song.

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  • bg
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  • bg
  • kansas

    Cloward Piven, overwhelm the system. I’d call this a success. And now it looks like he may not get re elected, get involved in Africa and get involved militarily in Iran. Just watch.

  • bg

    ++

    re: #11 October 15, 2011 at 7:51 am bg

    [‘It’s as if he doesn’t like people,” says real-estate mogul and
    New York Daily News owner Mortimer Zuckerman of the president
    of the United States. Barack Obama doesn’t seem to care for
    individuals
    , elaborates Mr. Zuckerman, though the president
    enjoys addressing millions of them on television
    .]

    well welcome to Obama’s world, hell=O?? /s/

    ==

  • Obama Nation

    Hawaii Reporter Says Fair Examination Of Obama’s Birth Certificate Would Be Prudent

    http://obamareleaseyourrecords.blogspot.com/2011/10/hawaii-reporter-says-fair-examination.html

  • Wait until he adopts the Jesse Jackson Jr. stimulus plan.

  • bg

    ++

    Obama Nation #16 October 15, 2011 at 8:19 am

    what would be prudent is to read the US Constitution & note
    OBAMA’S SUPPOSED FATHER WAS NOT A US CITIZEN, ERGO,
    BARRY WAS NOT A US CITIZEN AT BIRTH.. CASE CLOSED..

    ==

  • progressoverpeace

    ‘It’s as if he doesn’t like people,” says real-estate mogul and
    New York Daily News owner Mortimer Zuckerman of the president
    of the United States. Barack Obama doesn’t seem to care for
    individuals, elaborates Mr. Zuckerman, though the president
    enjoys addressing millions of them on television.]

    Mort Zuckerman’s an idiot who was unable to see the obvious about Barky back in 2008. It’s nice that he has FINALLY seen what anyone with more than two brain cells to rub together knew already, but he has quite a bit of actual pennance to do to make up for his support of the retarded America-hater (who just also happened to be ineligible, anyway). Words are not nearly enough to make up for the terrible destruction Barky supporters brought on this nation. Zuckerman has not even begun to make up for his fatal (for us) mistake. In addition to that, nothing can change the fact that Barky supporters are among the dimmest people to ever walk the face of the Earth. The only supporters who aren’t as stupid as the Indonesian Imbecile, himself, sustain themselves on America-hate.

    If we had a sane nation, everyone who ever voted for, or supported, the ineligible Indonesian retard would be shunned from polite society and made to feel as the pariahs they are. And a little, “Oops, I’m sorry,” just isn’t going to cover anything.

  • progressoverpeace

    bg commentd: what would be prudent is to read the US Constitution & note
    OBAMA’S SUPPOSED FATHER WAS NOT A US CITIZEN, ERGO,
    BARRY WAS NOT A US CITIZEN AT BIRTH.. CASE CLOSED..

    And if that wasn’t enough, the minute the Indonesian held an American political rally in a foreign nation, for foreigners, he should have been immediately tossed from the race and prosecuted. That Berlin campaign rally (for an American candidacy) was one of the repulsive (and illegal and un-Constitutional) political acts that America has ever seen. And, yet, Barky was allowed to just sail through that immensely insane and illegal act, IN FULL VIEW. It was pretty clear to me, at that point, that America was sunk.

    We have no respect for contracts of any kind, anymore – letting an ineligible retard run for our highest office, without even asking for any documentation, at all, was the sign that it was over – that there were no contracts our society would enforce. THAT is what is killing the West. Without contracts, there is no Western civilization. Affirmative Action was the first real breach of this (as we allowed our whole judicial system to be perverted just to alleviate a little illusory, and terribly misplaced, white guilt – a price far too high for anything) and it has grown into a fatal cancer with an inligi9ble retard holding the levers of Executive power (and using them and massively abusing them to destroy what little is left of our Constitutional Republic)

  • Micah

    “Deficits don’t matter.” – Dick Cheney

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  • progressoverpeace

    bg commented: what would be prudent is to read the US Constitution & note
    OBAMA’S SUPPOSED FATHER WAS NOT A US CITIZEN, ERGO,
    BARRY WAS NOT A US CITIZEN AT BIRTH.. CASE CLOSED..

    You mean, “NOT A NATURAL BORN CITIZEN”. Still, case closed.

    Barky’s US citizenship is not in doubt, really. His status as a natural born citizen is. Although, there was an alien on the Presidential ballot in a handful of states, including New Jersey – a Nicaraguan named Roger Calero, a green card holder! LOL.

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  • Red Alert, Red Alert!

    Obama has presented the Nation with a forged Birth Certificate that he refuses to allow the forensic examination of.

    This despite the fact that “expert after expert” have declared the alleged Long Form Birth Certificate a likely forgery.

    Obama also has presented the Nation with a Social Security Number that he has used on his tax returns and his Selective Service Registration Form.

    A Social Security Number that inexplicably was issued by a state that Obama never resided in.

    A Social Security Number that failed an e-verify system check!

    The truth is Obama was never properly vetted by Congress and does not meet the Constitutional Eligibility Requirements to be POTUS.

    What is further, given Obama’s numerous shady associations with gansters and terrorists (for example Bill Ayers, Tony Rezko) Obama could not have passed a background check that would allow him enough clearence to the scrub toliets of any self-respecting intelligence agency.

    Yet here Obama is, acting as Commander and Chief, commiting troops to war after war without Congressional authorization.

    It’s time to stop the insanity people!

    It’s time to demand a Congressional Investigation of all of Obama’s Identity Papers now!

    http://obamareleaseyourrecords.blogspot.com/

  • Molon Labe

    I know Obama is a bad joke. But wehat does this say abbout our RINO congress?

  • Robert

    And here, just as everywhere else,
    the message for the federal government
    to enact real and substantive
    CUTS IN SPENDING is lost
    in the cacophony of discontent.

  • bg

    ++

    progressoverpeace #23 October 15, 2011 at 10:52 am

    thanks for the correction.. 🙂

    but either way he’s still a usurper..

    worst thing is, there’s no way Congress doesn’t know,
    not to mention the Supreme Court Justices.. 🙁

    ==

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  • bg

    ++

    btw re: #18 October 15, 2011 at 9:17 am bg

    dual citizenship is not a qualifier either.. /s/

    ==