Why is our president bankrupting us?

Question

Can someone explain why our economy is going to recover when President Obama:

-Gave hundreds of millions of dollars of stimulus dollars to insurance company executives

-Is trying to pass a $1.2 trillion dollar healthcare system (that he said would only cost $900 billion)

-Hasn't spent any money for job creation 

With all this willy-nilly spending how are we supposed to fix our economy?

Anonymous · Accepted Answer

He's doing a GREAT job
(at making America into a 3rd world country like Kenya)

Federal Deficit surges to ALL TIME HIGH of 1.45 TRILLION
http://news.yahoo.com/s/ap/20091016/ap_on_bi_go_ec_fi/us_deficit_danger

Unemployment at 9.8%
http://finance.yahoo.com/news/US-Sept-nonfarm-payrolls-rb-589941939.html?x=0&.v

Obama promises 600,000 summer jobs, LOSES 576,000 instead
http://news.yahoo.com/s/ap/20090820/ap_on_bi_go_ec_fi/us_economy

8.89 MILLION Americans unemployed for 27 weeks straight; largest number in 61 years
http://www.bls.gov/news.release/empsit.nr0.htm

23 States’ unemployment INCREASES
http://news.yahoo.com/s/ap/20091021/ap_on_bi_go_ec_fi/us_state_unemployment

Obama deficit projections at 9 TRILLION
http://www.reuters.com/article/newsOne/idUSTRE57K4XE20090821

Dollar value slides, Yen and Euro now preferred reserve currency for banks 
http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311&show_article=1

100 Banks failed under Obama DESPITE his TARP plan:
http://apnews.myway.com/article/20091017/D9BCKOP81.html

Retail sales continue to drop:
http://finance.yahoo.com/news/Retail-sales-unexpectedly-dip-apf-2840598402.html?x=0

New Home sale DROP
http://news.yahoo.com/s/ap/20091028/ap_on_bi_go_ec_fi/us_new_home_sales

Obama spends more than every previous President COMBINED:
http://www.washingtonpost.com/wp-dyn/content/graphic/2009/03/21/GR2009032100104.html

Economy TWICE as bad under Obama than Bush. Why do liberals celebrate Obama's failed economy?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNivTjr852TI

Food Stamp rolls up 28% in 2009
http://www.reuters.com/article/domesticNews/idUSTRE5825OT20090903?feedType=RSS&feedName=domesticNews&rpc=22&sp=true

Foreclosure rates increase regardless of Obama plan
http://news.yahoo.com/s/ap/20091015/ap_on_bi_ge/us_foreclosure_rates

After only 6 months, more view Obama’s Presidency a FAILURE than Bush’s
http://realclearpolitics.blogs.time.com/2009/08/06/after-6-months-more-view-obamas-presidency-as-a-failure-than-bushs/

Apartment vacancy rate hits 23 year high
http://news.yahoo.com/s/nm/20091006/us_nm/us_apartmentmarket

Anonymous · Answer

George W. Bush and Barack Obama plus the Democratic congress that took power in 2006 have bankrupted the nation of America

Big Yoda · Answer

and the alternative to not spending? it's the great depression again. would you prefer a soup line and living under a bridge? it could have been a lot worse if he sat on his hands and did nothing, bush style.

maxmom · Answer

News flash- we had the biggest deficit in history and were on the brink of depression when he took office.

I don;t like all the spending, either, but he could not let all of those businesses fail.

 Don;t believe all the hype from the insurance industry. They and many rea$sons for not wanting reform to pass.
Every president in the last 65 years including GOP has wanted to take on health care.

Anonymous · Answer

0bama works for George Soros who stands to make billions from the collapse of the U.S dollar and globalization.

Anonymous · Answer

Maobama is dead set to destroy America. What a big mistake people made last Nov.

Anonymous · Answer

because he wants what is best for you what your not brainwashed by his smile yet ? we better get back to reprogramming these children to believe what they want to believe

? · Answer

You guys keep snopes and politifact busy.

Anonymous · Answer

Beats me. I'm trying to figure out why some people still think he's doing a good job.

Anonymous · Answer

Dumbya  - he was a "cappie"....LOL
President  Obama is trying to fix it, but commie repukes fight it ....They want communism for Haliburton and losey  capitalism for the rest of america...LOL

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Why is our president bankrupting us?

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