Page 1
Page 1
Started By
Message
locked post

Look at that deficit shrink!

Posted on 8/14/14 at 7:58 am
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 8/14/14 at 7:58 am
LINK

A mere $95 billion in July. And to think I doubted his ability to step in, pull out his 'scalpel' (remember that) and get this turned around in such a quick period. In six short years, he has taken the rate of deficit all the way back down to er um er um almost as low as when he took office.

quote:

The fiscal year-to-date deficit at the end of July was $460 billion, the lowest level since the same period in fiscal year 2008, compared with a deficit of $607 billion for the same period in fiscal year 2013, according to Treasury's monthly budget statement.


Pretty remarkable that your best year is year 6 and it is still worse than W in 2008. In no particular order, the worst budget deficits in the history of the universe (using actuals and CBO expected are): 2009, 2010, 2011, 2012, 2013, 2014, 2015, and 2016. That is pretty impressive.

But clearly knit-picking here - who hasn't increased the federal debt by $7 trillion? (besides no one).

I will be the first to say W spent like a drunken sailor to he is nothing - absolutely nothing compared to the current incumbent.
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 8/14/14 at 8:02 am to
not to mention all the ball room dancing

Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
27549 posts
Posted on 8/14/14 at 8:16 am to
quote:

pull out his 'scalpel'


You think it is because of smart spending cuts, or rather raping the citizen's wallets more harshly every year?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/14/14 at 8:19 am to
Did you even read his post?
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 8/14/14 at 8:58 am to
quote:



Did you even read his post?


I am learning towards no
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 8/14/14 at 9:03 am to
Summer of Recovery 6.3!


Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 8/14/14 at 10:23 am to
This time we mean it!
Posted by idlewatcher
County Jail
Member since Jan 2012
79069 posts
Posted on 8/14/14 at 10:54 am to
quote:

In six short years, he has taken the rate of deficit all the way back down to er um er um almost as low as when he took office.


Yea, but he's improved his handicap significantly so that should count for something!

FORE........ward!
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram