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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 1:28 pm to
Posted by Powerman
Member since Jan 2004
162266 posts
Posted on 8/15/14 at 1:28 pm to
A decade ago = 2004

And depending on where you get your info the data will vary slightly.

The point is a 460 billion dollar deficit is nothing historically large and not anything anyone cared about a decade ago.
Posted by Taxing Authority
Houston
Member since Feb 2010
57440 posts
Posted on 8/15/14 at 1:39 pm to
quote:

A decade ago = 2004
so the lower deficits between then and now aren't worthy of comparison. Just the 10 years ago value? That makes no sense.

quote:

The point is a 460 billion dollar deficit is nothing historically large and not anything anyone cared about a decade ago.
Neither is true. It was, at te time, the largest deficit in history. It was the largest deficit of the Bush administration. And plenty of people cared. Shall I post what Krugman said if the Bush deficits?
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 8/15/14 at 2:01 pm to
quote:

The point is a 460 billion dollar deficit is nothing historically large and not anything anyone cared about a decade ago.


Any reason you are not annualizing the 10 month 460 billion when comparing to prior years.

Is it stupidity or deceit? I will let you choose.

This post was edited on 8/15/14 at 2:03 pm
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