Another Obama Record!… Four Straight Years of Trillion Dollar Deficits

Barack Obama is the first US president in history to run four straight years of trillion dollar deficits.
No one has come close to that record.

(J. Hoft Chart)

Barack Obama is the worst jobs president since the Great Depression.
Barack Obama owns the largest four deficits in history.
Barack Obama added $5 trillion to the US debt in just over three years – another record.
The GDP is sliding each quarter – this last quarter the GDP slid to 1.5%.

And the state-run media couldn’t care less. They’re too busy talking about Mitt Romney’s magic hankerchief tricks.
The Washington Times reported:

The federal government notched a $1.1 trillion deficit in fiscal year 2012 — the fourth straight year over $1 trillion — according to a preliminary estimate that the Congressional Budget Office released Friday.

That’s still an improvement over 2011, when the deficit reached $1.3 trillion, and it marks the lowest deficit of President Obama’s four years in office.

The CBO report said the better picture was due to higher revenue from taxes. Spending was about the same in 2012 as it was a year earlier.

The government ended the fiscal year on a very positive note, posting a $75 billion surplus for the month of September — just the second monthly surplus since the Wall Street collapse in September 2008, when President George W. Bush was still in office.

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  • Dave in NYC should be by any minutenow to complain about this post. Unless, of course, he’s in full fainting couch mode after that spectacular performance the zipster turned in at the debate.

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  • Chippy

    This was what little zippy has planned all along. He says in a 1995 interview that, “American history is all about concentration of power and oppression”. He also says he “would like American democracy with a small d for the common good” This is his goal. To bring down America because we deserve it.

  • kato

    The media asskissers have been reporting all day that the markets are up on account of the latest employment figures. The lib-liars must think the guys on Wall Street are as stupid as Subprime’s Section VIII parasites.

    If there was truly evidence of economic expansion, the market would have been up over 200 points today. As the day winds down, it appears the Dow will be up barely 20 points, while both the Nasdaq and the S&P500 are down.

    But those shiny-faced dopes sitting in the rain at Cleveland State University will still swallow whatever jive act their sugar daddy gives them. Just so he keeps that Obama Money coming.

  • Finncrisp

    The dishonest coverage this trail of failure has received is unspeakable. I really hope and pray that Americans get this and are ready willing and able to get this monster unelected. This aloof, petulent, course pro in training has to go.

    There is nothing on his record but failure. Killing Bin Laden is not nearly enough, given all the other crap he has put us through.

  • Sandy

    Obama must think we’re all dunces. If all these jobs were created just before the election who hired all these people? Obama and his people are so obvious to all but the brain dead.

  • Grandma Perkins

    President Romney will change deficits to surpluses.

  • Whistleblower

    As Obama’s cover story comes down, the curtain goes up on the USAO’s cover-up of J.J., Jr.’s role in the Blago story

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  • Dave in NYC

    GDP did not slide. GDP grew. GDP is not a percentage. GDP is a number.

  • http://none tommy mc donnell

    it just goes to show that obama is the best president ever at spending money.

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  • Patty

    Now, what BLS or BSer’s are going to rig these numbers. HUMMMM, WONDER?

  • Patty
  • It took Dave a whole hour to comment. You’re slacking off, dude!


  • bg
  • Patty

    #17 October 5, 2012 at 5:07 pm
    bg commented:

    Thanks for links, bg.

  • Mcashc

    His 2008 speech telling us real Americans that we should not be able to eat what we want, drive suv’s , have our thermostats at 72 degrees because we have only 3% of the worlds energy resources. You commie punk prick lazy A HOLE. We have more energy resources than any country on this planet. We don’t need your muslim oil. How any real American can vote for this racist, punk, lazy, punk, no experience, punk racist, punk, fool child, punk, makes me sick. You little pencil neck prick, get destroyed in the debate and the next day you are back in cocky jive BS mode. Devil on earth.

  • bg


    re: Chippy #3 – page 1 October 5, 2012 at 3:05 pm

    ‘my individual salvation is not gonna come about
    without a collective salvation for the country’ ….

    more here (#7 – page 1), and scroll for more..

    re: Whistleblower #8 – page 1 October 5, 2012 at 3:31 pm

    unfortunately nothing new, and the truth of any Obama
    matter will probably go even less far than it did the first
    time, he is not alone, and also has an army of cover his
    butt kissers who would lay down their reps for a shot at
    kneeling at his podium and kissing it..

    re: Patty #18 – page 1 October 5, 2012 at 5:17 pm

    thank you , and you’re welcome..