Difference between revisions of "Obama administration fiscal policy"
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| − | The '''Obama administration fiscal policy''' | + | The '''Obama administration fiscal policy''' was a ruinous [[fiscal policy]] involving [[Obama administration deficit spending|government spending at unprecedented levels]]. The [[Obama administration]] fiscal policy buried Americans under a mountain of debt. |
Under the Obama administration, the [[budget deficit]] reached an all-time high of $1.416 trillion (10.0% of GDP) in fiscal year 2009. Spending fell and revenues rose in fiscal year 2010, resulting in a lower budget deficit of $1.294 trillion (8.9% of GDP).<ref>Benen, Steve. "Deficit Shrinks From Last Year's Record." October 15, 2010. Washington Monthly. http://www.washingtonmonthly.com/archives/individual/2010_10/026151.php</ref> | Under the Obama administration, the [[budget deficit]] reached an all-time high of $1.416 trillion (10.0% of GDP) in fiscal year 2009. Spending fell and revenues rose in fiscal year 2010, resulting in a lower budget deficit of $1.294 trillion (8.9% of GDP).<ref>Benen, Steve. "Deficit Shrinks From Last Year's Record." October 15, 2010. Washington Monthly. http://www.washingtonmonthly.com/archives/individual/2010_10/026151.php</ref> | ||
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*[http://www.pgpf.org/ Peter G. Peterson Foundation] - collection of non-partisan articles and videos on America's growing debt problem | *[http://www.pgpf.org/ Peter G. Peterson Foundation] - collection of non-partisan articles and videos on America's growing debt problem | ||
*[http://www.nypost.com/seven/05172009/postopinion/editorials/bams_wise_words_169731.htm Bam's Wise Words] - [[New York Post]], May 17, 2009 | *[http://www.nypost.com/seven/05172009/postopinion/editorials/bams_wise_words_169731.htm Bam's Wise Words] - [[New York Post]], May 17, 2009 | ||
| − | *[http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/ Bush Deficit vs. Obama Deficit in Pictures] - [[Heritage Foundation]], March | + | *[http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/ Bush Deficit vs. Obama Deficit in Pictures] - [[Heritage Foundation]], March 24, 2009 |
'''Videos:''' | '''Videos:''' | ||
| − | *[ | + | *[https://www.youtube.com/watch?v=Ac9TG15xbGg Over 200 top economist against the Obama plan] |
| − | *[ | + | *[https://www.youtube.com/watch?v=6Gjzr0JQuic&feature=related Obamanomics 101 - Obama's Real Fiscal Policy] |
| − | *[ | + | *[https://www.youtube.com/watch?v=yREOUxo6Qdc Stop Spending Our Future] |
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==See also == | ==See also == | ||
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{{reflist}} | {{reflist}} | ||
| + | {{Economic preparedness topics}} | ||
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| + | [[Category:Economic Preparedness]] | ||
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| + | [[Category:Obama Administration]] | ||
| + | [[Category:Socialism]] | ||
| + | [[Category:Fascism]] | ||
[[Category:Politics]] | [[Category:Politics]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
Latest revision as of 18:52, September 26, 2018
The Obama administration fiscal policy was a ruinous fiscal policy involving government spending at unprecedented levels. The Obama administration fiscal policy buried Americans under a mountain of debt.
Under the Obama administration, the budget deficit reached an all-time high of $1.416 trillion (10.0% of GDP) in fiscal year 2009. Spending fell and revenues rose in fiscal year 2010, resulting in a lower budget deficit of $1.294 trillion (8.9% of GDP).[1]
Below are some articles and videos on the Obama administration's reckless fiscal policy:
Articles:
- Peter G. Peterson Foundation - collection of non-partisan articles and videos on America's growing debt problem
- Bam's Wise Words - New York Post, May 17, 2009
- Bush Deficit vs. Obama Deficit in Pictures - Heritage Foundation, March 24, 2009
Videos:
- Over 200 top economist against the Obama plan
- Obamanomics 101 - Obama's Real Fiscal Policy
- Stop Spending Our Future
See also
- Obama administration monetary policy
- Obama administration deficit spending
- Obama administration corporate bailouts
- Obamunism
- Obamanomics
- Recovery Summer 2010
Footnotes
- ↑ Benen, Steve. "Deficit Shrinks From Last Year's Record." October 15, 2010. Washington Monthly. http://www.washingtonmonthly.com/archives/individual/2010_10/026151.php
