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Re: SilverSurfer post# 105209

Thursday, 08/19/2010 3:52:28 PM

Thursday, August 19, 2010 3:52:28 PM

Post# of 575179

In 2004 the federal budget deficit was 412 billion dollars. In 2005 it dropped to 318 billion dollars. In 2006 the deficit dipped to 248 billion dollars. And, in 2007 it fell below 200 billion to 162 billion dollars. During the Bush years the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth.


Clinton ended his term with a budget surplus, so obviously these deficits weren't created by a Democrat. You're also missing all the stuff that was "off the books", like the Iraq and Afghanistan wars.

If you actually got your facts right, you'd see that the data would conclude the point we've been making the entire time - which is that Bush took a prosperous economy under Clinton and turned it to shit, while Obama is still at the tip of the iceburg in terms of digging us out. But at least he's stopped things from getting any worse.

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