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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (40966)2/5/2010 1:39:29 AM
From: TimF  Read Replies (1) | Respond to of 71588
 
I think that Great Depressions should get at least a *little* slack

That (and WWII) only helps FDR.

that Obama is projecting show the first year deficit he was started with to be CUT IN HALF within three to four years.

Which probably isn't going to happen, he relies on very optimistic assumptions, and which would still leave him with deficits larger than Bush's.

Re: "Nominal dollar figures aren't particularly meaningful here."

I was responding to "President George W. Bush has increased the National Debt by more than $500 Billion a FIFTH time!" etc.

And yes I know that came from Ivan's link.



To: DuckTapeSunroof who wrote (40966)2/5/2010 2:00:01 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
the budgets that Obama is projecting show the first year deficit he was started with to be CUT IN HALF within three to four years.

1 - With his optimistic assumptions.

2 - Leaving very large deficits.

3 - Increasing the deficits from the baseline for every year, so Obama's policies are making the deficits bigger.

4 - And given those assumptions, after the deficit is cut in half, it starts growing again.


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