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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (879577)8/13/2015 1:33:16 PM
From: Tenchusatsu  Read Replies (2) of 1576729
 
Ted, take a look at the following graph:



The deficit reached a local maximum of $400B around 2004, then went down to below $200B before 2008 when tax revenues fell off a cliff.

Even now, with the deficit "only" at $450B, it's still higher than it was in 2008, and we're supposedly in a booming economy with the Dow and the Naz at all-time highs.

This is the "new normal."

Tenchusatsu
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