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Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office

Via: Thing Progress

SPENDING:

Via:Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news.

In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of GDP.

Total spending this year, fiscal year 2012, is expected to top out at 23.4 percnt GDP.

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TAXES:

Here’s another interesting fact. Taxes today are lower than they were on inauguration day 2009. Back in January 2009, the CBO projected that total federal tax revenue that year would amount to 16.5 percent of GDP.

This year? 15.8 percent.

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DEFICIT:

One last nugget. The deficit this year is going to be lower than what it was on the day President Obama took office. Back then, the CBO said the 2009 deficit would be 8.3 percent of GDP.

This year’s deficit is expected to come in at 7.6 percent.

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BOTTOM LINE:

The fact is that Obama inherited a disaster of a federal budget.

Eight years prior, when President George W. Bush took the oath of office, there was a $281 billion SURPLUS. By the time Obama was sworn in, he was facing a $1.2 trillion DEFICIT.

Inconvenient though it may be for conservatives (especially those who are running for president), the truth is that spending, taxes and the deficit are all lower today than when President Obama took office.

http://thinkprogress.org/economy/2012/05/15/484767/obama-budget-chart/

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personal thought:

I hope when you hear the bull-sh*t from the GOP/teabagger/libertarian Party in the run-up to the election, you will remember these numbers.

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May 16, 2012 Posted by | 2012, GOP morons, President Obama, Romney, teabaggers | , , , , , , , , , , , | Leave a comment

“Quote of the Day”

The ‘War on Woman’ is real, Re-Elect Obama/Biden!

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May 16, 2012 Posted by | 2012 | , , , | Leave a comment

Weegee (Arthur Fellig) – Image Gallery

Via: First Time User

See many more wonderful images, HERE:

http://firsttimeuser.tumblr.com/tagged/Arthur-Fellig/chrono

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Weegee was the pseudonym of Arthur Fellig (June 12, 1899 – December 26, 1968), a photographer and photojournalist, known for his stark black and white street photography.

Weegee worked in the Lower East Side of New York City as a press photographer during the 1930s and ’40s, and he developed his signature style by following the city’s emergency services and documenting their activity. Much of his work depicted unflinchingly realistic scenes of urban life, crime, injury and death.

Weegee published photographic books and also worked in cinema, initially making his own short films and later collaborating with film directors such as Jack Donohue and Stanley Kubrick.

Read more, HERE:

http://en.wikipedia.org/wiki/Weegee

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May 16, 2012 Posted by | American photoghaphers, U.S. Cities | , , , , , , | Leave a comment

George W. Bush Finally Endorses Romney at Ornate Elevator Door-Shutting Ceremony

Via: Wonkette

At last, the only endorsement that matters: George W. Bush supports… Obama, again?… no, the other one, Willard McScalp-o-tron.

It must have been the tales of privileged schoolboy terorrizing that ultimately won over Bush’s heart.

Gotta make’m earn it, the Bushes like to say.

Anyway, Romney better get started moving into the White House right now, because this endorsement hands him the election.

Where’d they hold the presser, anyway? Classic “gay weekend at the ranch” type thing?

Close.

It was more like Bush just hollered something half-assed through closing elevator doors.

Bush was back in Washington on a nostalgia tour today, giving his staple human rights speech (“Kill the humans so that one day they may enjoy rights”) and getting ready to hit his favorite gay gym when who shows up, some reporter.

“I’m for Mitt Romney,” Bush told ABC News this morning as the doors of an elevator closed on him, after he gave a speech on human rights a block from his old home — the White House.

http://wonkette.com/472644/hero-w-bush-finally-endorses-romney-at-ornate-elevator-door-shutting-ceremony#more-472644

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May 16, 2012 Posted by | 2012, GOP morons, President Bush, Romney | , , , , , , , , | Leave a comment

I’m only guessing here: a hot day?

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May 16, 2012 Posted by | cats/dogs/goats/bears/whatever, gif | , , , , | Leave a comment

Americans more optimistic economy is looking up, poll says

Via: USA Today

Americans may be downbeat about today’s economy, a USA TODAY/Gallup Poll finds, but they are increasingly optimistic that things are about to get better for the nation and themselves.

Though an overwhelming 71% rate economic conditions as poor, a 58% majority predict they will be good a year from now. While those surveyed are inclined to say they are worse off financially than a year ago, nearly two-thirds say they think they’ll be better off this time next year.

The assessment of personal finances already is on the upswing. More than a third report they are better off than they were a year ago — the highest number since before the economic meltdown in 2008. (They’re still outnumbered by the four in 10 who say they’re worse off, though.)

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The sense that the recession’s impact finally is lifting should be good news for President Obama (yeah, ya think?) , since an improving economy typically boosts the prospects for a White House incumbent running for re-election.

Indeed, regardless of which candidate they support, those surveyed predict by 56%-36% that the president will win in November over Republican Mitt Romney.

That’s a bigger edge than Obama had at this point four years ago; then, by 52%-41%, Americans said he would defeat Republican John McCain.

http://www.usatoday.com/news/politics/story/2012-05-14/poll-economy-obama-romney/54958250/1

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Do the right thing: Re-Elect Obama/Biden

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May 16, 2012 Posted by | 2012, President Obama | , , , , | Leave a comment

Bubba Carpenter (R-MS) – ‘GOP Moron of the Day’

Via: Think Progress

Mississippi state Rep. Bubba Carpenter (R) said that it’s OK for women to have coat hanger abortions because it’s for a greater good.

A video obtained by Rachel Maddow’s blog captures Carpenter saying he is proud of Mississippi’s attempts to outlaw abortion outright, despite the fact that the Supreme Court has ruled abortions legal in the United States.

And what about women who will perform self-induced abortions because they cannot afford to go out of state to get the procedure? “Hey,” he says, “you have to have moral values”.

http://thinkprogress.org/health/2012/05/15/484326/mississippi-lawmaker-abortions-moral-values/

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May 16, 2012 Posted by | 2012, GOP morons | , , , , , , , , , , , , | Leave a comment