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- #61
Dave does bring up a point to keep in mind.
From now on, when you hear someone complaining that Obama is supposedly tripling the deficit, we will use Dave's system of measuring the deficit instead of the office CBO guage of deficits:
Total debt:
12/31/2007 9,229,172,659,218.31
12/31/2008 10,699,804,864,612.13
During Bush's last 12 months in office, the debt increase (and therefore deficit, according to Dave) was $1,440.6B or more than $1.4 trillion dollars.
Obama's projected deficit this year is $1.8 trillion, not triple, not even double. Up $500 billion for this year, though that is no worse than Bush did to Clinton's surplus.
From now on, when you hear someone complaining that Obama is supposedly tripling the deficit, we will use Dave's system of measuring the deficit instead of the office CBO guage of deficits:
Total debt:
12/31/2007 9,229,172,659,218.31
12/31/2008 10,699,804,864,612.13
During Bush's last 12 months in office, the debt increase (and therefore deficit, according to Dave) was $1,440.6B or more than $1.4 trillion dollars.
Obama's projected deficit this year is $1.8 trillion, not triple, not even double. Up $500 billion for this year, though that is no worse than Bush did to Clinton's surplus.
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