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SilverSurfer

08/19/10 2:32 PM

#105209 RE: SoxFan #105207

well really more than tripple.... year over year.... not the total

"despite the 2000 Recession, the attacks on 9-11, the stock market scandals, Hurricane Katrina, and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop.

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.

Obama... I know you still Blame Bush....

"After an unheard of record deficit last year of $1.4 Trillion the economy is on track to experience a $1.47 Trillion deficit this year."

http://radioviceonline.com/bush-vs-obama-the-deficit/

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SilverSurfer

08/19/10 2:36 PM

#105210 RE: SoxFan #105207

(R)or(D)Bush or Obama "giving politicians the ability to borrow is like giving a teenager a bottle of whisky and the keys to a Corvette"

http://www.mineweb.co.za/mineweb/view/mineweb/en/page103855?oid=109998&sn=Detail&pid=102055