Federal Spending, Tax Revenue, and Deficit reduced under Obama

Discussion in 'Politics, Religion, Social Issues' started by jnpy!$4g3cwk, May 17, 2012.

  1. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

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    #1
  2. leekohler macrumors G5

    leekohler

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    Chicago, Illinois
    #2
  3. Zombie Acorn macrumors 65816

    Zombie Acorn

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    #3
    [​IMG]

    [​IMG]

    I don't find these numbers particularly useful when taken as a percentage of GDP, especially since it appears they are taking the numbers from 2009 which was a recession year and the only substantial dip in the last 50 years.
     
  4. kavika411 macrumors 6502a

    kavika411

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    #4
    EDIT: I'm now unclear what the link is if any between think progress dot com and think progress dot org. So, please just erase this entry. Thanks.
     
  5. hulugu, May 17, 2012
    Last edited: May 17, 2012

    hulugu macrumors 68000

    hulugu

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    #5
    That is odd. The 'Whois' database doesn't seem to give much more either. One is clearly the organization Think Progress, but the .com comes through

    It's a bit of a strapped-chicken, but it's also important to keep things in context:

    [​IMG]

    We have less debt (owed at a lower rate to boot) than we did in WWII. Up until a year ago, we were fighting two complex and expensive wars against the backdrop of a recession. Plus, you'll note most projections show the debt declining after 2015 as a percentage of GDP.
     
  6. jnpy!$4g3cwk thread starter macrumors 65816

    jnpy!$4g3cwk

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    #6
    Social Security is not going broke

    http://blogs.reuters.com/david-cay-johnston/2012/05/04/social-security-is-not-going-broke/
     
  7. thewitt macrumors 68020

    thewitt

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    #7
    OMG

    Liberal spin is at it again, blinding you guys to the facts....

    Unreal
     
  8. samiwas macrumors 65816

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    Atlanta, GA
    #8
    OMG

    The master of the one-sentence post with no substance or support is at it again, adding no facts at all.

    Unreal. No wait...always real. Or troll...take your pick.
     
  9. iJohnHenry, May 20, 2012
    Last edited: May 20, 2012

    iJohnHenry macrumors P6

    iJohnHenry

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    #9
    Shuuuuush, don't scare him away. :eek:

    "Keep your friends close, and your enemies closer."

    Who knows what mischief he might get up to elsewhere? :)
     
  10. Sedulous macrumors 68000

    Sedulous

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    #10
    I know. Facts be damned, right! Steven Colbert warned about using facts. Much better to eyeball it and trust the 'ol gut.
     

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