To: kevao
I still can’t figure out why the annual deficits are FOUR times what they were just three years ago. Someone please explain to me how the deficit went from $400 Billion to $1.6 Trillion in less than three years.
33 posted on
07/26/2011 1:43:03 PM PDT by
Deo volente
(God willing, America will survive this Obamination.)
To: Deo volente
I’m standing in that same line. I’m really wondering how the hell we got here so fast, especially when our projected revenue levels for this year will about equal 2006.
42 posted on
07/26/2011 2:07:36 PM PDT by
Free Vulcan
(Vote Republican! You can vote Democrat when you're dead.)
To: Deo volente
Three simple letters: “B.H.O.”
44 posted on
07/26/2011 2:14:55 PM PDT by
zzeeman
("We can evade reality, but we cannot evade the consequences of evading reality.")
To: Deo volente
Someone please explain to me how the deficit went from $400 Billion to $1.6 Trillion in less than three years. I can do that in nine letters, or possibly five.
45 posted on
07/26/2011 2:17:55 PM PDT by
OrangeHoof
(Obama: The Dr. Kevorkian of the American economy.)
To: Deo volente
“I still cant figure out why the annual deficits are FOUR times what they were just three years ago. Someone please explain to me how the deficit went from $400 Billion to $1.6 Trillion in less than three years.”
3 words: Obama, pelosi, reid.
we increased spending from $2.6 trillion to $3.7 trillion in 3 years.
55 posted on
07/26/2011 3:12:05 PM PDT by
WOSG
(Cut the spending!)
To: Deo volente
Some of it is due to the safety net, but obviously that isn’t all of it. Obama and the Dems just increased spending willy nilly, it appears.
68 posted on
07/26/2011 3:55:39 PM PDT by
PghBaldy
(War Powers Res: http://avalon.law.yale.edu/20th_century/warpower.asp)
To: Deo volente
From 2008 to 2010, the tanking economy cost us about $490B in revenue. Legislative changes (tax cuts and spending) cost us about $509B.
To: Deo volente
83 posted on
07/26/2011 5:04:05 PM PDT by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: Deo volente
I still cant figure out why the annual deficits are FOUR times what they were just three years ago. Someone please explain to me how the deficit went from $400 Billion to $1.6 Trillion in less than three years.Nobody in the MSM will ask the question, let alone find out the answer. Face it FedGov has learned how to hide data just like FedRes has been doing for 100 years.
95 posted on
07/26/2011 5:37:31 PM PDT by
central_va
( I won't be reconstructed and I do not give a damn.)
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