How will President Obama cut the deficit in half if the government is giving out so much bailout money?

I'm an Obama supporter, but I'm having a difficult time understanding how all the money the government is giving out is going to cut the deficit in half. Can someone help me understand, no snarky comments, please.How will President Obama cut the deficit in half if the government is giving out so much bailout money?
he can't it was a polital stunt, common to almost all candidates,knowing that almost no one understand the debt.

http://www.treasurydirect.gov/govt/repor鈥?/a>
He's not...but saying he will sounds good, doesn't it?How will President Obama cut the deficit in half if the government is giving out so much bailout money?
Welcome to Obama magic math. I wonder how they will pay for it. Yep, increase taxes, that'll do it.
He is hoping for the deficit to be cut in half...it is a goal, not an absolute. As for how.....by fulfilling his promises: Allowing the Bush tax cuts for the wealthy to expire....changing their tax rate from 35% to 39 1/2%, and by greatly reducing our spending on the war in Iraq.How will President Obama cut the deficit in half if the government is giving out so much bailout money?
One of two answers:



1) Inflate the money supply to pay off the debt with cheap money (think zimbabwae)

2) He lied



Can't happen any other way in anything other way except than in cloud cuckoo land



And anyone who claims by reducing spending in Irag is in cloud cuckoo land or simply can not fathom math
Like any good, responsible Liberal, he will default on his obligations, declare bankrupcy and wait for the Republicans to clean up his mess in 2013.
he is going to increase the tax. on those makeing 250000 or more a year.
He won't and can't. It's a talking point so the media can continue to gush on him. I apologize if that fits the category of a "snarky" comment, but it really can't be done. The pork bill just passed is only going to hurt the economy so the economy isn't rebounding any time soon. I don't see any effort to reduce government spending, just spend more.
Stop bashing Obama. I assume you people were the ones who actually liked Bush? Remember he is the one who got us into this mess.
it is impossible as the world economy is not going to recover until 2012 and he would half to cut most of the social programs but the liberal congress would never allow it.
He's sprouting BS, I have a better shot at learning to levitate.
He will increase taxes on everyone, not just the rich. AT first it will be those they consider rich (excluding him and his Friends). What is considered rich will get lower and lower. Then once interest rates rise drastically it will hurt everyone. Interest rates will rise so that the gov can charge more for banks to borrow, giving the gov more money to pay down the debt that he, Bush and Clinton have created.
He might ask if all the politicians would mind paying their income taxes and if they did not mind that could make a sizable start. Then he will take all working Americans by the ankles turn us upside down and shake vigorously until all our money hits the floor where it can then be scooped up by Pelosi and friends.
He could have started by not giving that stimulous money to things like redoing the Mall in Washington,He could Cut Senators and Congressmen's salarys, getting Cong/men and Sen on the regular Social Security. Not paying them for life, Letting them buy their own Healthcare and not have a special one just for them, Cutting out trips to war zones (this tells them what???? Oops, someone shot at me, gona go home) Make English the Official Language (then we wont have to hire special teachers to teach in Spanish. Quit mandating stuff for the Educational System. Get "Pork" out of the budget. I was one of his supporters, but as time goes on ( I know it's only a month) I am less and less sure that he knows what he's doing. I'm beginning to believe that he's nice looking, speaks well, but doesn't have a clue.

Pelosi and Reid wrote that package and there was no Partainship about it. They finished writing it and took off for Italy (7 days) on vacation. Nobody ever got a chance to read the bill before it was voted on. 1000 pages and no one knows whats in it. Not even Obama
I think that will only be possible if he cuts down the size of government. That would include not only federal jobs but also funding to the states and local government that pay for jobs at those levels.



I'm all in favor of those people finding ways to make a living in the private sector which wil actually contribute to the standard of living in this country. With all that freed up brain power, we might be able to come up with some alternative energy solutions that makes sense.
well i'm taking this class called discrete mathematics, and its a logic type class. right now i'm learning big O big Omega and big Theta



O and Omega deal with the occurence at some point that one graph is less than or greater(respectively) than another.

let f(x) be our gov's income

and g(x) be our expense/debt

f(x)=bigO(g(x)) meaning we are not and will never make enough income.



now big Theta is a magical occurence where f(x) is greater than and less g(x) at one point in time, contradiction yes?

see we do this by multiply g(x) by a number (how bout a fraction to reduce it)

well we do that and voila, we suddenly are making more money by spending, by pretending the debt isn't there.



for all you channers out there

1.get expense and income

2. do some math

3.????????

4. profit.



EXTRA

also i'd like to mention to everyone who is blaming this on bush. well i don't like how socialist he ended up being (though he admits it was not his intention but an accident). anyways bush's tax cuts did not screw us up.

1. Clinton's massive expense's on welfare and reversal of reaganomics (which is what caused the good economy at the time, economy doesn't happen over night sometimes not for a decade)

2.liberals cut out our homeland drilling,making us rely on those price gauging jerks at OPEC.

3. For years people were giving bad loans so they could make that dollar now, and worry about the consequences later.

4.we lost the world trade center, a huge part of our economy.

5.his acts with homeland security have stopped additional attacks (yes there were more attempts, but attempt isn't as exciting as success so it didn't get as much news time. and also it would say bush is finnally right about something)

6.alot of the crap we are having to fix in the middle east (to protect our energy isntead of using our own) is because clinton sold nuclear science to hostile countries.



you people are too in the "now". look at the broad scheme of cause and effect. like obama's spending on useless crap global warming, healthcare(trust me it won't be as good it sounds, i've seen it),welfare, and stimulus checks which are useless.



i mean wow what a unique idea, bush just did that a while ago, it didn't work.
Respect to you for asking a substantive question about Obama, something I rarely ever see from any of his supporters. It's so uplifting to see. That's all I want to say I'll accept any thumbs down for not bothering with this question that is being asked by pretty much anyone with a brain.
Unless he is willing to cut money in welfare entitlements, which consume most of the federal budget...



Unless he is willing to have interest rates jacked sky high...



Unless he is willing to raise taxes significantly on almost all Americans...



Then he is only going to increase the national deficit, and only says a promise to sound great.
He can't, Just face the fact that Obama is a JOKE!
Obama means he will cut "his own" deficit in half, ya, the one he is racking up right now..