Quote:
Originally Posted by piece-itpete
Whoohoo, we're still screwing Obama 
The CBO doesn't care what shinanigans the politicos do, it calculates money in and money out. For example, even though a 'surplus' was recorded in what 1999, 2000? the CBO shows our debt went UP. So yes indeed that spending is in there.
Pete |
Pete, your chart only shows the deficit.
By the way, Bush left an ongoing expense without increasing his revenues literally guaranteeing his replacement would show bigger deficits than he had even if monies to save the country were not needed.
The bottom line is this entire Obama is creating giant deficits is completely disingenuous.