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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (707938)4/8/2013 11:22:04 PM
From: SilentZ  Read Replies (2) of 1573696
 
>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.

The population grew, the population aged, and more people needed help than did four years before thanks to the economy imploding.

>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.

How would you have returned the revenue back to those levels?

-Z
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