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SoxFan

08/19/10 2:42 PM

#105212 RE: SilverSurfer #105209

You seem to think you're well informed but sometimes people can't recognize their limitations so let me give you a clue. This FY for the government is FY2010 and is the first FY that Obama has been President and it's the budget he signed. Last years budget was signed by Bush.

Of course the budget of Bush did not include the wars as they were off budget but how were you to know something as basic as that?
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StephanieVanbryce

08/19/10 2:46 PM

#105214 RE: SilverSurfer #105209

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

Got any proof of that ? and yes, I read your article AND clicked on the embedded links .. . proof isn't there either .
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sortagreen

08/19/10 3:20 PM

#105222 RE: SilverSurfer #105209

" 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."

Not counting wars... which weren't ever in their budgets
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wbmw

08/19/10 3:52 PM

#105227 RE: SilverSurfer #105209

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.