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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Broken_Clock who wrote (280788)10/4/2010 4:00:29 PM
From: Les HRead Replies (2) of 306849
 
The treasury debt oustanding increased much more than the stated deficit in '08. It was roughly $1 trillion in '08, not the deficit of 400-500 billion dollars shown on the graph. The deficit of $1.89 trillion in '09 includes the Bush's TARP bailouts ($750 billion) and Obama's stimulus ($300 billion/yr).

source: treasurydirect.gov
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