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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (528623)11/13/2009 10:51:08 AM
From: i-node  Read Replies (2) of 1576830
 
Facts: look at the two columns...in current $$, the two columns represent the tax receipts followed by the outlays by year...the difference between the 2008 actual and 2009 est outlays is $1T, or roughly the TARP and a portion of the stimulus. Now look at the receipts...almost $400B in tax revenue lost as a result of the 2008 to 2009 economic contraction.

I have previously debunked this bogus analysis in this thread. Probably a month or more ago.
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