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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (479734)	5/11/2009 12:06:28 PM
From: Tenchusatsu	Respond to of 1585057

Inode, > I'm thinking this may be like the 150K jobs Obama "saved" last quarter -- a little difficult to pin down. It's worse that that. Obama claims that the cuts are annually cumulative, i.e. 1.5% next year, 3.0% the following year, etc. That's how he gets to his $2 trillion figure, by adding up the compounded savings on paper. Even if health care costs grow by 8% next year and 8% the following year (not unreasonable estimates given that the Baby Boomers are retiring), Obama can claim that he successfully prevented the annual growth from reaching 9.5% and 11%, respectively. In other news, the deficit for this year just rose by $86 billion to $1.84 trillion. Good thing Obama is doing his "efficiency reviews," or else it could have rose by $86.1 billion, LOL ... Tenchusatsu