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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (707644)4/8/2013 2:00:58 PM
From: Tenchusatsu3 Recommendations  Read Replies (1) of 1573683
 
Z,
Less than $200 billion was stimulus spending.
Obama presided over an increase in spending from $3.2T to $3.8T in four years. This obviously outpaced the growth in the economy over the same period.

If Obama kept the increase in spending to that of inflation, the budget should have been only $3.46T today.

Plus the fact that revenues have not yet returned to the level of the Bush years is directly the responsibility of Obama. Yet here is Obama thinking the way to do that is to increase taxes, whereas Bush didn't have to.

Face it, the deficit is Obama's responsibility.

Tenchusatsu
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