The Facts About Budget Deficits: How The Presidents Truly Rank

Discussion in 'Politics' started by Conservative, Jul 12, 2012.

  1. Conservative
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    Conservative Type 40

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    I await the libtard spin...

    The Facts About Budget Deficits: How The Presidents Truly Rank - Forbes

     
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  2. healthmyths
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    healthmyths Gold Member Supporting Member

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    Also NONE of the above EXCEPT GWB had these events occur thus costing federal tax revenues $266 billion a year from net operating losses that are written against taxes.

    1) Dot.com bust cost $5 trillion in losses or $166 billion a year starting in 2002
    2) 9/11 costs $2 trillion in losses or $66 billion starting in 2003
    3) Worst hurricane SEASONS in history costs $1 trillion or $33 billion from 2003-2008!
    Think about it.. if this over $1.5 TRILLION in Net operating losses tax writeoffs had not occurred GWB would be a surplus president!

    But every one says "yes but that's what every President" has events... NO!
    That is again patently NOT TRUE!
    None of the above EXCEPT GWB faced those monumental events!

    And in spite of these events GWB was the 2nd lowest and would have been the lowest if not having to pay for Clinton's dot.com bubble!
     
  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    the 2009 budget belongs to president Bush.... You can NOT just give president bush, 7 years of having a budget and skip his 8th year?

    Why do you and others keep trying to give president bush only 7 fiscal years of an 8 year term as President? I honestly don't get that, other than trying to manipulate facts to politically posture yourself?
     
  4. Conservative
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    Conservative Type 40

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    Give Bush 2009 and take it away from Obama, it still sucks for Barry.
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    Sorry, Bush Gets 4 Months of 2009, and 8 Months of 2000.

    But nice try.
     
    Last edited: Jul 13, 2012

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