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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (686870)12/2/2012 1:12:07 PM
From: combjelly1 Recommendation  Read Replies (2) of 1581662
 
Yet, within two years revenues were back ABOVE the previous baseline.


Correlation is not causation. There were lots of other factors, not the least of which was the massive deficit spending that occurred at the same time.


One need only look at the following to see that the debt increase under Barack Obama, which started THE INSTANT he took office, has outpaced any since Carter


But the deficit at the moment he took office was because of Bush. It has continued, although it has gotten better, because we hit the worst recession since the Great Depression. Because it came about due to structural reasons, those sometimes take a decade or more to recover from. Just ask the Japanese.
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