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$3.73 trillion? Seriously does Obama think taxpayer money grows on trees?
15 Answers
- ?Lv 71 decade agoFavorite Answer
Its a sickness
The man cant stop spending
Trillions in debt and he has tons of spending in his budget
- davidepedenLv 51 decade ago
Perhaps you should do some research. GW Bush's last budget was $3.414 trillion. The reason the deficit increased was largely because of the Bush tax cuts for the wealthy. Tax money flowing into the federal government is now at its lowest level in more than 50 years.
Source(s): News junkie - Joe BTGSPLKLv 71 decade ago
If money grew on trees even Mr. Obama would know that it would be limited. All progressives follow what they perceive that the constitution permits. From section 8 powers of Congress.
To borrow money on the credit of the United States.
There is no constitutional limit on the amount. The framers did not think that a bunch of wild spenders would hijack our government and start spending insane amounts of money, without a fiscally responsible plan to pay off that debt.
Source(s): US Constitution - mcgeorgeLv 45 years ago
Its Keynesian economic concept. and for this reason its getting used as a final ditch attempt to shop a bubble ridden growth bust economic device.. Years in the past u . s . became great from importing uncooked supplies from all corners of the globe and changing them into sensible products that people offered .. for this reason arising wealth ... it rather is the way it is going to be accomplished in a healthy marketplace.. yet Wall highway and the corporate raiders of the 80's created a clean get wealthy speedy scheme by way of overvaluing particular industries and commodities and then merchandising off at an inflated cost. reliable stuartship and in charge hard artwork/ administration relatives went out the window.. and the extra me now technology became into better than satisfied to holiday the bubbles wall highway created.... If u . s . is the be great back.. we'd desire to repair our industries and quit recirculating the previous inflated money from our now provider oriented economic device.. Keynesian economics does not artwork in a open worldwide economic device with checklist commerce deficits.. its doomed to failure.
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- 1 decade ago
Not sure about the trees, but money definitely grows from air and nothing when FED prints it.
- MishaLv 41 decade ago
Obama isn't far from out of the trees himself. I can see how he would think that.
- hardwoodrodsLv 61 decade ago
No silly, he knows it just falls out of our asses. We are after all the golden goose