United States Austerity: Government now spending less nominally than Bush

[SheriffJoe]

fratfraud: money created by the Fed, handed to food stamp leeches and public workers, who then go out and spend it at Walmart, for products manufactured in China... is wealth creation!

That is the practical reality for what you are advocating... so you may as well just OWN IT -- "spend more money!"

Meanwhile, productive people get screwed over again and again and again!

 

[SheriffJoe]

Backed by $17 trillion worth of goods and services. Wealthiest country in the history of mankind. I know that hurts your feelings.

The wealthiest country in the history of mankind BEFORE the Fed - FACT.

It must suck to be as wrong as often as you are.

You and your Keynesian government 'economists' are fucking leeches and thieves, plain and simple.

 

[akphidelt]

fratfraud: money created by the Fed, handed to food stamp leeches and public workers, who then go out and spend it at Walmart, for products manufactured in China... is wealth creation!

That is the practical reality for what you are advocating... so you may as well just OWN IT -- "spend more money!"

Meanwhile, productive people get screwed over again and again and again!

We have more millionaires and billionaires than the next 9 countries combined. Damn must suck to be that brainwashed in to hating your country, lol.

 

[SheriffJoe]

We have more millionaires and billionaires than the next 9 countries combined. Damn must suck to be that brainwashed in to hating your country, lol.

You keep moving the goalposts.

I said...all that wealth was already in place before the Fed...for which you have no answer. 'Progressives' have been leeching off it ever since.

Get owned, Fraud!

 

[akphidelt]

You keep moving the goalposts.

I said...all that wealth was already in place before the Fed...for which you have no answer. 'Progressives' have been leeching off it ever since.

Get owned, Fraud!

I don't want to answer it because I want you to keep saying it. Probably one of the dumbest comments I've ever heard, lol.

 

[SheriffJoe]

I don't want to answer it because I want you to keep saying it. Probably one of the dumbest comments I've ever heard, lol.

fratfraud: money created by the Fed, handed to food stamp leeches and government workers, who then go out and spend it at Walmart, for products manufactured in China... is wealth creation! "Just spend more money!"

That is the practical reality of what you are advocating... so you may as well just OWN IT!

"It's about math" lmfao

How does your own bullshit taste, fratfraud?

 

[Acebb]

This statement is incorrect, lol. You still don't get basic math, it's hilarious!

No, the statement is entirely correct.

LOL

 

[Acebb]

You have resorted to just blatant lies. Fun to watch!

I'm not the one who started this thread posted an imbecilic lie in the title, posted a chart in the 1st post claiming it represented all government spending when it does not, then when on to say that federal spending as a % of GDP is a "meaningless statistic" and doesn't mean anything, and in fact isn't related to spending.

 

[akphidelt]

fratfraud: money created by the Fed, handed to food stamp leeches and government workers, who then go out and spend it at Walmart, for products manufactured in China... is wealth creation! "Just spend more money!"

That is the practical reality of what you are advocating... so you may as well just OWN IT!

"It's about math" lmfao

How does your own bullshit taste, fratfraud?

• In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any economic sector. [SUP]1[/SUP]

• Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. More than 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.[SUP]2[/SUP]

• In 2012, the average manufacturing worker in the United States earned $77,505 annually, including pay and benefits. The average worker in all industries earned $62,063.[SUP]3[/SUP]

• Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.[SUP]4[/SUP]

• Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.[SUP]5[/SUP]
• Taken alone, manufacturing in the United States would be the 10th largest economy in the world.

www.nam.org/Statistics-And-Data/Facts-About-Manufacturing/Landing.aspx

 

[akphidelt]

No, the statement is entirely correct.

LOL

Lol, the statement is as wrong as it gets. It's just you who are too dumb to realize it.

 

[Acebb]

Lol, the statement is as wrong as it gets. It's just you who are too dumb to realize it.

LOL

NO
It
Isn't

LOL

 

[Acebb]

What was comical is that this fat dope actually believed Obama spent less than Bush.

Epic.

 

[akphidelt]

What was comical is that this fat dope actually believed Obama spent less than Bush.

Epic.

The government at all levels has spent less than Bush.

 

[akphidelt]

LOL

NO
It
Isn't

LOL

Actually it's the complete opposite. Obama has increased spending by the lowest % in the last 6 decades.

 

[SheriffJoe]

• In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any economic sector. [SUP]1[/SUP]

• Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. More than 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.[SUP]2[/SUP]

• In 2012, the average manufacturing worker in the United States earned $77,505 annually, including pay and benefits. The average worker in all industries earned $62,063.[SUP]3[/SUP]

• Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.[SUP]4[/SUP]

• Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.[SUP]5[/SUP]
• Taken alone, manufacturing in the United States would be the 10th largest economy in the world.

www.nam.org/Statistics-And-Data/Facts-About-Manufacturing/Landing.aspx

Seriously? lol :missingte

 

[akphidelt]

Seriously? lol :missingte

12 million American's employed by American manufacturers and you are laughing at it? Lol. Interesting.

 

[Acebb]

The government at all levels has spent less than Bush.

No it hasn't. Your chart is bullshit.
See stupid, the total spending for all governments is not 2.9 trillion, and only an idiot would believe it so.

Added to the fact that Obama or Bush don't have control of state spending.

 

[Acebb]

Actually it's the complete opposite. Obama has increased spending by the lowest % in the last 6 decades.

You keep repeating the same dumb bullshit.

Obama has increased spending more than any President.

In the first 4 years of their administrations, spending (inflation adjusted 2005 $) was:

• 19% higher under Bush than Clinton
• 41% higher under Obama than Bush
• 67% higher under Obama than Clinton

Source: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2014/assets/hist.pdf
Pages 28 & 29

You're a tiresome, boring, liar.

See, my source is the OMB, and your source is the TPM Blog.

You're a gullible fool.

 

[akphidelt]

No it hasn't. Your chart is bullshit.
See stupid, the total spending for all governments is not 2.9 trillion, and only an idiot would believe it so.

Added to the fact that Obama or Bush don't have control of state spending.

 

[Acebb]

The jobless fat dope actually believes that total spend of all governments (fed & state) was only $2.7 trillion.

2013:Q3: 5,827.4 Billions of Dollars

Laugh out loud funny.