Gee, do you know how to use Excel?
whitehouse.gov
Click on "Table 1.1—Summary of Receipts, Outlays, and Surpluses or Deficits (-): 1789–2008 ", insert a column after "Surplus or Deficit(−)", and compute the surplus or deficit as a percentage of receipts, first from 1789-2002 (the last fully completed year), then from 1789-2008, and tell me when the worst period was.
HINT: It wasn't 2001 or 2002, the years GWB has been President when we actually know what the results are.
AND it won't be 2003, 2004, 2005, 2006, 2007, or 2008 if the projections are right.
Here, I'll give you the answers. You'll notice I also computed the surplus or deficit as a % of GDP. GDP figures are easy enough to find. Couldn't find projected figures, though, although I'm sure thry're out there on the web someplace.
Year S or D S or D
as a % as a %
Receipts GDP
1975 -19 -3.26
1976 -25 -4.0404
1977 -15 -2.64
1978 -15 -2.58
1979 -9 -1.59
1980 -14 -2.64
1981 -13 -2.52
1982 -21 -3.93
1983 -35 -5.88
1984 -28 -4.71
1985 -29 -5.04
1986 -29 -4.97
1987 -18 -3.16
1988 -17 -3.04
1989 -15 -2.78
1990 -21 -3.81
1991 -26 -4.50
1992 -27 -4.60
1993 -22 -3.84
1994 -16 -2.88
1995 -12 -2.22
1996 -7 -1.38
1997 -1 -0.26
1998 4 0.79
1999 7 1.35
2000 12 2.41
2001 6 1.26
2002 -9 -1.51
2003 -17
2004 -16
2005 -10
2006 -9
2007 -7
2008 -8
RECORD deficits.
Not quite.
Which part of your brain did they remove?
Not the part that deals with fact, logic, and numbers, which apparently they did in your case. See your shyster. Maybe he'll sue the surgeon for you.
Wanna play again?
BTW, the figures for those years are a LONG way from being the worst. In 1943, the deficit was 227% of receipts. |
