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

To: RetiredNow who wrote (559470)	4/8/2010 9:17:30 PM
From: TimF	Read Replies (1) \| Respond to of 1578006

Economic Downturn, Financial Rescues, and Bush-Era Policies Drive the Numbers Really increases in entitlement spending drive the numbers, but this analysis apparently considers that increase to not be a change since the law already called for it. Also it seems they might simply be taking a static analysis of the results of tax cuts.

To: RetiredNow who wrote (559470)	4/10/2010 10:20:38 AM
From: Brumar89	1 Recommendation Read Replies (1) \| Respond to of 1578006

Federal debt held by the public, as percent of GDP: Average from 1960 through 2000: 36.2% In 2000 (after 6 years of a Republican-controlled Congress): 35.1% In 2007 (last budget passed by Republican-controlled Congress): 36.9% In 2008 (first budget passed by Democrat-controlled Congress): 40.8% In 2009 (first year of Obama's stimulus): 53.0% Projected for 2016, with Obama's proposals: 79.6% Projected for 2020, with Obama's proposals: 90% americanthinker.com americanthinker.com