Obama Explains the Economy to George Bush

An Xtranormal video where President Obama explains the economic situation to George Bush.

*****
1) Gross Federal Debt (FYGFD)
http://research.stlouisfed.org/fred2/series/FYGFD

2) Federal Debt Held by Foreign & International Investors (FDHBFIN)
http://research.stlouisfed.org/fred2/series/FDHBFIN

3) McCain and Obama on Afghanistan
Thursday, July 17, 2008
http://www.time.com/time/magazine/article/0,9171,1823945,00.html

"My first order as Commander in Chief will be to end the war in Iraq and refocus our efforts on Afghanistan ... The central front is in Afghanistan and Pakistan. It is unacceptable that almost seven years after 9/11, those responsible for the attacks remain at large. If another attack on our homeland occurs, it will likely come from this same region where 9/11 was planned. Yet today we have five times more troops in Iraq than Afghanistan.
Senator McCain said just months ago that "Afghanistan is not in trouble because of our diversion to Iraq." I could not disagree more.
I will send at least two additional combat brigades to Afghanistan ... I will once and for all dismantle al-Qaeda and the Taliban." -BO

4) Cost of War to the United States Since 2001
http://costofwar.com/en/

June 2011- Iraq: $784 B (started 3-2003) Afghanistan$425 B (started 10-2001)

5) 7) Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending by Jim Carney 6-27-09
http://www.businessinsider.com/the-cra-debate-a-users-guide-2009-6

6) National Debt Clock
http://www.brillig.com/debt_clock/

7) The Debt to the Penny and Who Holds It
http://www.treasurydirect.gov/NP/BPDLogin?application=np

8) TheDC Morning: Obamacare = Obamajobkiller
http://dailycaller.com/2011/11/17/thedc-morning-obamacare-obamajobkiller/

" "In 2008, presidential candidate Barack Obama dismissed President George W. Bush as 'unpatriotic' for boosting the national debt by roughly $4 trillion. ... On Wednesday the federal debt reached $15 trillion ... In July 2008 the national debt was $9 trillion when Obama spoke ... 'The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children,' ...'driving up our national debt from $5 trillion for the first 42 presidents, [and] number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion of debt that we are going to have now to pay back... That's irresponsible, that's unpatriotic,' "
[as of 11-17-11 BO has added $4.4 Trillion]

9) Obama says adding $4 trillion to debt is unpatriotic.
http://www.youtube.com/watch?v=DyLmru6no4U

10) Obama, I'll cut the deficit by half by my first turn
http://www.youtube.com/watch?NR=1&v=3ziiZFcWChg

Category:

Film & Animation

Tags:

• xtranormal
• Obama
• George
• Bush
• economy
• ditch
• humor
• politics
• mrtugwit
• mr
• tugwit
• fiscal
• multiplier
• government
• spending
• barack
• election
• political
• economic
• vlog
• debt
• Barack Obama

[tigertj1994]

It's Bush's fault,how come he became richer while thousands of Americans live in poverty?he promoted war in order to spend money,your money, wake up America!!.War is a business don't you see. It is in the bible, Jesus predicted all this mess. I lost it all, remember what Kennedy said "ask not".God help us all. we have the right to protest, do it peacefully."Land does not make a country, the people makes a country". Are you gonna put your heads down and say it's ok?,or are you gonna stand up?

[MrTugwit]

@tigertj1994 To see a 39 second YouTube video of candidate Obama saying that borrowing from China to do deficit spending is "irresponsible" and "unpatriotic", check reference 9 in the info box. And it's not Bush's fault that BO is even more stupid than Bush ;)

[JakeBlakeProject]

That's some funny stuff with a little truth thrown in ...

[MrTugwit]

@JakeBlakeProject Thanks :) To see a 39 second YouTube video of candidate Obama saying that borrowing from China to do deficit spending is "irresponsible" and "unpatriotic", check reference 9 in the info box.

[ECProductionz305]

"did your cheese fall off the cracker?" lol wtf

[ilovemoseslake]

Thank god this video is one big joke! Could you imagine if this was realistic? hahaha Bush had no idea what was happening with the economy while he was president and rode American sympathy and heartache for 9/11 the whole 8 years of his presidency. Obama hasn't had enough time for any of his policies or spending to have a long term effect yet. Bush spent 8 years destroying our economy, Obama's making changes that project a change for the positive in our economy, you can't argue that.

[camotristan]

"I'm happy as pigs in poop?" ...what?..

[HieroglyphicDragons]

Its funny how obama just keeps giving reasons why Bush drove the economy into the ditch.

[k001guy777]

come see mine

[MrTugwit]

@heyjustthetip You should have read the title. It says "explains the economy" not the wars ;) If you think that increasing deficit spending is a cure for problems caused by deficit spending, the jokes on you. Check reference 1, in the info box. To see what BO thinks about deficit spending, check references 9 and 10.

And I'm not a Bush fanatic. So buzz off :D

[heyjustthetip]

@MrTugwit The jokes on you. Bush just put the country in a deficit and and wars that had no reason to begin. Some how you managed to prop up Bush over Obama in intelligence. Get your head out of Bush's ass. Obama brought soldiers home from the war while Bush sent them out for what reason? U failed to cover why Bush sent soldiers to die and for what reason? Guess that doesn't matter. The 2nd term undid any good he did in his first. If you re such a Bush fanatic head on over to Afghanistan!