Source: Democratic National Party
quote: Oh, I'm sorry. I completely forgot that if it's long term and done by a Republican then it's ok for it to cost the American public a lot more.
quote: Tax rates and receipts make a curve not a diagonal graph. I suggest you look up the Gaffer curve, since you seem to be confused
quote: You're joking right? Are you forgetting about the bank bailouts that got tacked onto FY09, which Obama had little impact on besides adding the reinvestment act. So it's not as much of a gap as you are implying. So a better comparison would be FY09, which was Bush's budget minus 800 billion, and FY10 which was Obama's first budget. So 1.4trillion - 700bil = 700bil was Bush's last deficit vs the 1.3trillion of Obama's first budget - the 400bil loss in tax receipts = 900bil. So Obama didn't go on a spending spree as you suggest. Furthermore, deficits are always higher during recessions, that's just how it works.