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


To: tejek who wrote (621629)7/27/2011 2:50:53 PM
From: i-node3 Recommendations  Read Replies (5) | Respond to of 1578743
 
>> Spending couldn't be curtailed because Bush started two disastrous wars while cutting revenues.

What a confused remark.

War spending had nothing, AT ALL, to do with this. Hell, it was a trillion over 10 years -- that's 100B/year.

But we're not talking about billions. We're talking about trillions. The war wasn't the problem.

And as previously pointed out, revenue was increasing until the recession hit.

The mistake was the wild spending binge Obama went on.