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


To: combjelly who wrote (613586)5/29/2011 12:53:05 AM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 1577094
 
>> Not true. It was still over $1 trillion when you back out the half that was spent under Bush.

Whoa. Forget the TARP adjustment!

You are trying to attribute FY2009 to Bush when most of that deficit occurred under Obama. Don't forget the trillion dollar waste (aka "stimulus").

Just for the record, it is worth looking at the trend:

2006................$248B
2007................$161B
2008................$459B
2009..............$1,277B
2010..............$1,409B
2011..............$1,645B

Now, you can argue about this from now on. But no one in his right mind is going to ignore the fact that Obama took office in the middle of the '09 FY, and that his first month in office he pushed through the trillion dollar stimulus and other wild spending measures.

Whoever said Obama tripled the deficit was clearly correct.

Of course, the real nightmare is a direct result of FDR's SS and LBJ's Medicare. Can't really blame that on Bush OR Obama.