Originally Posted by Robbie

What your graph showed was deficit budget SPENDING. Not the actual deficit. That is now at a record 18 TRILLION dollars. To get rid of that would mean the govt. would have to STOP deficit spending and start spending less than they take in.

There is no end in sight at this point. And when the Fed finally raises the interest rates in the future....the interest on that debt is going to really, really hurt this country.

I'm not sure what the answer is. But more federal spending isn't the answer. And taxing everyone more isn't either.
The only real answer is a revived economy which creates more federal revenue and couple that with cutting the defense budget BIG time and finally having someone in office who would go after the massive amounts of wasteful spending in the entitlement spending and clean that up.

Not sure that will ever happen either.

But make no mistake...the deficit will NOT be gone when Obama leaves office. What your graph showed is that he "only" spent 400 BILLION more than was taken in.
No other entity on Earth can do that, except the federal govt.