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The BIG difference seems to be that Bush had a Republican Senate and House for his first 6 years. Even with EVERYBODY on his side he went from $500 billion in the black to $500 billion in the red in just about every year.
This, of course is a liberal lie.
There was NEVER ONE YEAR UNDER CLINTON WHICH DID NOT RUN A DEFICIT. Not one.
| 09/30/1999 | 5,656,270,901,615.43 | | 09/30/1998 | 5,526,193,008,897.62 | | 09/30/1997 | 5,413,146,011,397.34 | | 09/30/1996 | 5,224,810,939,135.73 | | 09/29/1995 | 4,973,982,900,709.39 | | 09/30/1994 | 4,692,749,910,013.32 | | 09/30/1993 | 4,411,488,883,139.38 | | 09/30/1992 | 4,064,620,655,521.66 |
The average deficit under Clinton was around $200 Billion.
| 09/30/2008 | 10,024,724,896,912.49 | | 09/30/2007 | 9,007,653,372,262.48 | | 09/30/2006 | 8,506,973,899,215.23 | | 09/30/2005 | 7,932,709,661,723.50 | | 09/30/2004 | 7,379,052,696,330.32 | | 09/30/2003 | 6,783,231,062,743.62 | | 09/30/2002 | 6,228,235,965,597.16 | | 09/30/2001 | 5,807,463,412,200.06 | | 09/30/2000 | 5,674,178,209,886.86 |
The average deficit under Bush was around $540B. Considering constant dollars, the necessity of fighting two wars, the massive expenditures necessary post-9/11, and Katrina, the Bush deficits were not insanely bad.
The average deficit under obama has been $1.2 Trillion -- more than DOUBLE Bush's average. |
