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


To: tejek who wrote (879533)8/11/2015 7:34:26 PM
From: Tenchusatsu  Read Replies (3) | Respond to of 1576295
 
Ted,
First, today's $400 B deficit is no better than the $400 B under Bush.
Correct.
First, today's $400 B deficit is no better than the $400 B under Bush. However, with Bush, the deficit was increasing while the deficit under Obama is decreasing.
Wrong. The deficit was actually DECREASING under Bush until the Democrats took over Congress in 2007.

Tenchusatsu



To: tejek who wrote (879533)8/11/2015 8:07:17 PM
From: i-node1 Recommendation

Recommended By
FJB

  Read Replies (2) | Respond to of 1576295
 
>> However, with Bush, the deficit was increasing while the deficit under Obama is decreasing.

This is just factually wrong.

We know that the deficit is down only temporarily and will be above a trillion by 2020 and will not be coming back down. We know that. No one is projecting deficits back to the levels of Bush deficits.

More importantly, we know that our deficits are unsustainable SOLELY because of liberal social programs: Social Security, Medicare/Medicaid, Obamacare, and the interest on them.

What Obama has done is to add an entirely new category of reason deficits will eventually, inevitably, take the country down economically.