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And also please keep in mind that those graphs were published by the Center for Budget and Policy Priorities, which is a liberal think tank commonly criticized for releasing studies that use deceptive statistical practices to skew financial data on the liberal side.
For example, this article published by the Harvard school of Economics identifies that organization as one with extreme liberal bias.
Be careful how much weight you put on a source that is proven to have a political agenda of its own.
And I am sorry, but how can I trust any graph that calls the economic downturn a 'legacy of Bush policies'? Claiming that the downturn occurred due to any Bush policies is nothing short of ignorance.
Feel free to go through the charts or the source data and point out why they're wrong.
Feel free to go through the charts or the source data and point out why they're wrong.
Did you read the article I referenced?
I would think you would trust a harvard economist above myself, which is why I referenced that study.
Also, reference this report (http://www.gpoaccess.gov/usbudget/fy09/pdf/hist.pdf - broken link), which shows actual and projected budget estimates published by the government (the raw data - not manipulated graphs by a liberal think tank).
Look at fiscal outlays by agency on/off budget numbers (page 79 in particular) and you can see how Social Security contributes more off budget than all military actions combined (in 2013, SS will contribute $813,755,000 more to the national debt than all military action).
So Jack - there is the source data proving they are wrong, and there is the article explaining how that center manipulates numbers to prove a liberal agenda. Please read the numbers yourself before trusting a graph that a thinktank puts out solely for the purpose of winning over liberals who won't bother to actually look at the data.
Especially when somebody tries to tell you that we have to make sacrifices from the Social Safety Net.
Amazing. Of course this "data" fails to discuss the nearly $1 trillion of the failed Obama "stimulus" as well as the 45% increase in federal spending during the Democratic Congress.
Libs are all about seeking blame for a situation and are short on solutions. The liberal solution- stick one's head in the sand and ignore the problem until chaos erupts. I opposed the Afghan and Iraq wars (I thought they were unnecessary). However, the senate and congress (democrats and republicans) approved them. Further, we had the financial insult of the democratic congress and Obama to deepen the debt markedly.
So what do we do?
Cut spending markedly and probably introduce a VAT tax.
The country could make huge gains just by not giving the wealthiest tax breaks...these people can afford to pay taxes. Why
should the rest of Americans suffer because the rich are
given priviledges ?
I would think you would trust a harvard economist above myself, which is why I referenced that study.
Also, reference this report (http://www.gpoaccess.gov/usbudget/fy09/pdf/hist.pdf - broken link), which shows actual and projected budget estimates published by the government (the raw data - not manipulated graphs by a liberal think tank).
Look at fiscal outlays by agency on/off budget numbers (page 79 in particular) and you can see how Social Security contributes more off budget than all military actions combined (in 2013, SS will contribute $813,755,000 more to the national debt than all military action).
So Jack - there is the source data proving they are wrong, and there is the article explaining how that center manipulates numbers to prove a liberal agenda. Please read the numbers yourself before trusting a graph that a thinktank puts out solely for the purpose of winning over liberals who won't bother to actually look at the data.
Excellent points. It is refreshing to see somebody attack a source and back it up. Kudos to you.
The ONLY thing that increases the deficit is SPENDING.
Tax cuts or no tax cuts, if you're not spending more than you're taking in, you have no deficit.
This crap is getting very, very old.
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