Quote:
Originally Posted by Vendzilla
yeah we did pretty good in 93-2000, but we had a balanced budget for most of that thanx to the contract to America
Too bad Barry doesn't do history
As far as what Barry has spent, please tell me how the federal deficit is now
US Federal Deficit As Percent Of GDP
Fiscal Years 2000 to 2010
GDP in Billion Federal Deficit -fed pct GDP
2000 9951.5 -2.37
2001 10286.2 -1.25
2002 10642.3 1.48
2003 11142.1 3.39
2004 11867.8 3.48
2005 12638.4 2.52
2006 13398.9 1.85
2007 14077.6 1.14
2008 14441.4 3.18
2009 14258.2 9.91
2010 14623.9 10.64
Source; http://www.usgovernmentspending.com/...cit_chart.html
BTW, calling it raiseing the taxes or just not extending them, what's really the difference? They are going to pay more |
The jump you see is from the 1.3ish trillion in bailouts Bush put in before he left office and money that was dished out while Obama was president. Then it takes about 800b-1t a year to run the Country. Then he corrected how/where Bush put the war money so it was fairly on the books, couple trillion here as well. Then we have the Obama 800b/400b spent on the stimulus.
Why not just call them a mistake? That's what it really was after all. So rather than saying we're raising taxes, why not just tell the truth and say we're reversing the mistakes of the previous President?