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Politics : Mainstream Politics and Economics
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To: Wharf Rat who wrote (24681)8/23/2012 10:04:26 PM
From: TimF  Read Replies (1) of 85487
 
No its a lot of words to lay out the reality, which is that its over optimistic projections, combined with a soft economy combined with extra spending.

And that's only considering spending changes from new policies. If you count all increases of spending, that where already called for under existing law, its over 100% extra spending.

Of course since the economy grows over time, you can make a number of different "over 100% scenarios" to try to exclude whatever you want to exclude. But leaving aside such distortions, the simple fact is that non-military spending went up by more then the combination of extra military spending and lost revenue from tax cuts (even if you use static projections which exaggerate the loss of revenue).

Which isn't a partisan point. Republicans contributed to that extra non-military spending as well. But the graphic you like to post, just doesn't reflect reality.
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