SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (280788)10/4/2010 3:47:53 PM
From: bentwayRespond to of 306849
 
You do realize the deficit for Obama's first two years are BUSH deficits? The budget for '09 was passed in '08. The lack of revenue this year was due to the Bush Global Depression II, as is the continuing recession.

Are you a college graduate?



To: Broken_Clock who wrote (280788)10/4/2010 4:00:29 PM
From: Les HRead Replies (2) | Respond to of 306849
 
The treasury debt oustanding increased much more than the stated deficit in '08. It was roughly $1 trillion in '08, not the deficit of 400-500 billion dollars shown on the graph. The deficit of $1.89 trillion in '09 includes the Bush's TARP bailouts ($750 billion) and Obama's stimulus ($300 billion/yr).

source: treasurydirect.gov


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News