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When will Obama out spend George W. Bush?
Liberals complained the Bush wanted 80 billion for troops and the Republicans had to fight for body armor for our soilders. But the Libs can just waste money on a so called stimulus bill that will have no results and no body says boo! So my question is, When will Obama out spend W.?
26 Answers
- Anonymous1 decade ago
They are very close to passing the $2 Trillion Bailout II
After that, there is the mortgage bailout which he said is $75 Billion but will be closer to 300, maybe even more.
Then comes Univeral Health Care at God knows what cost.
Also, they are working on Stimulus III which will cost about $2 Trillion
All of this on top of the existing $400 Billion defcit
He will add more to the debt in less than 2 years than Bush did in 8
- legatLv 44 years ago
"W" spent $40 million - in all possibility on his 2d term inaugural - i anticipate that's what you're touching on. As for Roosevelt, that became into 1945 - issues have been VERY distinctive then. What approximately all of the different presidents in between? How plenty did they spend for his or her inaugural shin-dig and the way plenty did they finally end up spending in the time of their words? that would desire to respond to your assertion to in spite of if or not this is a barometer for destiny spending. it would additionally be thrilling to make certain...stable concept although.
- Thought DoctorLv 51 decade ago
He just did! When he signed the Bail Out Bill. In three weeks, he managed to out-do the deficit created during the entire Bush 8-year administration! He has taken the concept of stealing fro us to a whole new and stunning level.
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- Anonymous1 decade ago
I predict by 2010-11. This stimulus is going to fail and Congress and Obama will continue to throw more and more money at the problem
- 1 decade ago
He's only been in office for one month and he's already reaching close to what Bush has spent in 8 years.
- Anonymous1 decade ago
Obama has been left to deal with the crumbling economy created by Bush after Clinton left a healthy surplus.
Bush spent trillions on a war that served no purpose other than removing the only stable government that has existed in Iraq in recent history, thereby turning Iraq into an even more attractive training ground for future generations of terrorists.
Obama needs to fix the economy by getting people to spend money in their local economies and ensuring employers are able to retain employees. To do this, he has to ensure money is available. At least this seems to be a service to the American people (unlike the war).
Sore losers suck.
- Anonymous1 decade ago
He will exceed Bush by his third year,at this rate.
Oddly,he doesn't seem to plan on stopping the Wars either,as he promised.So we can't save that money either.
Yep!! We're Screwed!!
AD
- Anonymous1 decade ago
lol probably before his first-year Presidential honeymoon is over! Obama is spending money like a little kid with $500 in a toys-r-us!
- Anonymous1 decade ago
should not take too long.
at least the body armor served a purpose. More than I can say for the $800B spendulus package.