RobL, on Mar 17 2009, 05:09 PM, said:
Dude, are you even reading what you are saying?
Spending from bills signed by Obama has barely begun yet and as of right now, there's around 2 trillion heading out the door.
Two trillion dollars. Heading out the door. Right now. No matter how incompetent Bush may have been, he's never even come close to doing anything on this level.
Am I being unclear? Bush pissed away 5 trillion. Net. Spent. Gone. He doesn't work here any more so he's not puting any of it back.
Obama has 2 trillion on its way out, but it hasn't been spent, won't be spent all in one place or at the same time, and will likely be modified over time and at least partially offset with other policies. "We do not have a complete picture" because it hasn't been spent yet. He hasn't spent more than Bush because 5 trillion is more than 400 million. And most of the 400 million spent so far
was Bush's anyway. Yes, he has an awful lot ready to go out the door, but you cannot make a truthful statement that he's spent more than any president ever. Because that statement would be false. Even if you add in the 2 trillion he's authorized. Because 2 trillion is less than 5 trillion. Your statement may become true one day, if on January 20th of 2013 or 2017 our debt is five trillion higher than it was Jan 20th 2009. It probably won't even be 2 trillion higher on December 31st of 2009, as President Obama is still working on things.
To summarize: We don't have a complete picture, but he still hasn't spent more than Bush (or any other president).