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Anonymous asked in Politics & GovernmentPolitics · 8 years ago

how does anyone still like Obama?

When the debt has increased more in his 4 years than in Bush's 8 years.

During the presidency of George W. Bush, debt held by the public increased from $3,339 billion in September 2001 to $6,369 billion by the end of 2008. Debt held by the public increased to $11.12 trillion by the end of July 2012 under the presidency of Barack Obama.

Please tell me what Obama has done that's so great.

And please don't blame it all on Bush

Update:

How has Obama spent less than most presidents? I'll repeat. He's spent more in 4 years than Bush has in 8 years

Update 2:

How did Obama overthrow Gaddafi? The Libyans overthrew Gaddafi

16 Answers

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  • 8 years ago
    Favorite Answer

    Most of it is to blame on Bush. He passed record levels of budget spending while destabilizing the economy with deregulation. He let the economy crash, which caused our trillion-dollar deficits. Obama has kept spending more limited than any other president since Eisenhower, but Republicans refuse to help him make up for the hundreds of billions of tax dollars that Americans workers aren't paying anymore due to losing their jobs or having their pay cut.

    I'd rather keep Obama and give his policies a chance to work than be led by the nose by premature declarations of failure from Republicans and return to the "trickle down" economic policies that already gave us our worst two economic crashes since the Great Depression under President Reagan and President Bush.

    Edit: Bush grew the federal budget by an average of almost 8% per year. Obama hs grown the federal budget by around 1.5% per year. There is a lot more to federal spending than just the budget deficit.

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  • Kini
    Lv 7
    8 years ago

    Your information is not accurate but my answer is that the recession began at the end of Bush's term with the financial and housing scandals, the effects were not realized until after he left office. I remember him saying he would pass problems onto the next guy.

    Bush had a $5 trillion surplus coming into office in 2001. When he left office there was an $11 trillion fdebt. Pres Obama has added $5-6 trillion in recession spending since he did not impose austerity measures like Europe because of the downtown in markets. The deficit in 2008 was $1.2 trillion and it is about the same now.

    I believe if corporations stopped stalling on hiring and Congress passed Obama's proposals, everyone would be working. And all sectors are coming back slowly except jobs even though Obama has added 4 million since 2010. I will enumerate what Pres O has accomplished.

    Health insurance reforms

    Subsidized 60% of Cobra insurance

    Recovering unused SSI benefits

    Medicare fraud recovery $5 billion

    Home foreclosure loan modification help

    Expanded Alaska oil drilling

    saving the auto industry jobs from going non-Union or overseas

    hiring first responders and teachers

    funding community medical clinics

    credit card disclosure reforms

    ending gay discrmination in the armed forces

    improved veterans benefits, medical care

    veterans employment program

    improving school nutrition

    Improving lower school grades in "Race to the Top"

    saving the largest banks and financial institutions

    tax credits for small business hires

    income tax credits

    2009 tax rebates

    Social Security tax cut

    seniors $300 rebate

    nuclear treaty with Russia

    stronger military presence in the Pacific

    Iron Dome missile defense system for Israel

    launching cyber attacks on Iranian nuclear facilities

    capturing the most wanted terrorist and 5 of his henchmen

    overthrowing the Libyan terrorist leader Quadaffi

    anti-terrorism strategy in Afghanistan

    deportation of 400,000 illegal criminals

    reducing student loan costs

    extended unemployment benefits

    Campaign against childhood obesity

    Consumer protection agency

    Temporary work permits for undocumented youth

    Refunds on health insurance premiums

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  • James
    Lv 6
    8 years ago

    Do you think about these questions before you ask? The debt increased due to a loss in tax revenues and a higher need for government stimulus. Any president would have tried to stimulate the economy. Democrat or Republican.

    Obama has spent less than most presidents,

    http://www.theatlantic.com/politics/archive/2011/0...

    http://www.forbes.com/sites/rickungar/2012/05/24/w...

    http://www.washingtonpost.com/business/economy/add...

    killed the worlds biggest terrorist threat, and passed deficit neutral healthcare legislation that will continue to help the county going forward.

    Read the articles. Obama did not spend $6 trillion. This shows how little you know about the countries spending process. The debt increased because we had spending obligations that were already in place. Obama did not initiate the spending. In addition, the recession led to lower tax revenues. If you don't have enough to pay the bills that prior administrations have obligated the U.S. to pay, you take out debt to fill the gap. Obama's spending, new spending that was not already in place comes out to about $1.4 trillion and most of that was one time costs such as the stimulus. So unless you raise taxes or cut spending that has already been approved, the debt grows. And any president Democrat or Republican would have incurred the same debt.

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  • 8 years ago

    While Obama has his share of **** ups, Romney would be a far worse president unless you're a billionaire. Obama has done good things as pointed out by some of the other answers and some bad but he's definitely not the worst president ever despite some claims. Is he a perfect president? No but I'll take Obama over Romney any day

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  • 8 years ago

    Obama definitely cornered the market on the 'Moron" vote. You have to realize that once these people got suckered in they refuse to let go. For instance if McCain had won and the countries fiscal numbers(debt,unemployed,underemployed, median household income) were similer, these same people would be raging and going bonkers about how terrible McCain was. The radical left are geniuses at luring the weak minded with their propaganda. However, their economic policies suck donkey n**s. This creates a dilemna for the easily propagandized,because they have to bend over backwards to defend these failing policies.

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  • 8 years ago

    Killed Osama. Reformed health care. Rescued the U.S. auto industry. Ended Don't Ask, Don't Tell. Ended wars in Iraq and Afghanistan. Helped to liberate Libya.

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  • 8 years ago

    im so sick of you pathetic fox news idiots. you obtuse fools just believe what you want and ignore reality. in the real world, the scoundrels you support are blatant liars. without question. they are true slime. and if the whole "legitimate rape" discussion doesnt turn you away from these lunatics, then you truly suck.

    "“We’re not going to let our campaign be dictated by fact-checkers,” says Neil Newhouse, a Romney pollster.

    interpretation: facts dont matter to idiots who ignore them, they will vote for us anyway.

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  • People know Romney will put back in place the Dubya policies.

    They have no other choice. It's either recover or destroy what is left.

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  • 8 years ago

    People nowadays are clinging to the hope that imam obama will continue paying their bills with other peoples money. They won't bite the hand that feeds them. However the problem he has is that sooner or later you run out of other peoples money.

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  • Wayne
    Lv 6
    8 years ago

    One needs to see this video

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