@A Lone Voice,
A Lone Voice wrote:
But this money is coming from somewhere, isn't it? Obama is attempting to create a deficit that could total $9.3 trillion, more than four times what Bush created.
Yes, you ARE using fuzzy math LV. Even if it is fuzzy math you didn't bother to check, it's still fuzzy.
How many years are you using for Obama? How many are you using for Bush?
Why are you comparing 10 to 8?
Why don't we compare 10 t0 10? or 8 to 8?
Why does the Bush comparison not include the 2009 budget year which took effect in Oct of 2008?
Your argument like the article you posted is full of ****. Comparing 10 years to 8 years is not a valid comparison.
There are some interesting things in the CBO numbers for the budget. They seem to assume none of the TARP money will be repaid. Something we already see some companies trying to do.
This is not included in your numbers for Bush....
Quote:
CBO estimates that the Treasury Department will report a deficit of $563 billion for the first four months of fiscal year 2009
Oct 2008 - Jan 2009.
parados wrote:Too bad it doesn't have anything to do with the US budget for the next 8 years."
Quote:$9.3 trillion, as reported by the CBO. Not asking you to be scared; simply asking you to address the truth.
Looks like maybe it does, indeed, have something to do with the budget, no?
No, the 9.3 still has nothing to do with the next 8 years of US budget. My statement is still accurate.