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Politics : PRESIDENT GEORGE W. BUSH
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To: pompsander who wrote (765887)10/12/2007 1:14:18 AM
From: DuckTapeSunroof   of 769670
 
Forgetting for now (if we can...) the *hundreds of billions* in 'off-budget' war costs that don't appear in these official government deficit numbers.... (just remember to mentally add those hundreds of billions back into Bush II's already historic deficit count....)

Let's also forget for now the smoke-and-mirrors budget flim-flam caused by using the temporary social Security account surpluses to DISGUISE from the public the true extent of the government's ongoing massive structural deficits... (A flim-flam that has been materially significant ever since the Reagan years....)

Let's just look at the 'OFFICIAL' government deficit numbers.

(I've bolded the reported surpluses):


FACTBOX-U.S. budget balance history 1987-2007
Thu Oct 11, 2007 5:03 PM ET


BUDGET YEAR SURPLUS OR DEFICIT (-) AS PCT OF GDP

2007 -$162.8 bln 1.2

2006 -$247.7 bln 1.9

2005 -$318.7 bln 2.6

2004 -$412.7 bln 3.6

2003 -$377.6 bln 3.5

2002 -$157.8 bln 1.5

2001 $128.2 bln 1.3

2000 $236.2 bln 2.4

1999 $125.6 bln 1.4

1998 $69.3 bln 0.8

1997 -$21.9 bln 0.3

1996 -$107.4 bln 1.4

1995 -$164.0 bln 2.2

1994 -$203.2 bln 2.9

1993 -$255.1 bln 3.9

1992 -$290.3 bln 4.7

1991 -$269.2 bln 4.5

1990 -$221.0 bln 3.9

1989 -$152.6 bln 2.8

1988 -$155.2 bln 3.1

1987 -$149.7 bln 3.2

© Reuters 2007. All rights reserved.
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