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I stand corrected. Obama is even worse than I had thought.
This "percentage reduction" ruse has been widespread among liberals recently. One can only assume that they are either stupid or intentionally deceitful.
A large "percentage reduction" (due to racking up initial, massive deficits himself) and a resulting large deficit is nothing to celebrate. If we are at the point of being pleased with $680 billion deficits, we are in deep trouble.
the Obama flag wavers are celebrating o.1% growth and $680 billion deficits, it's the dumming down of Amerika at it's finest
the Obama flag wavers are celebrating o.1% growth and $680 billion deficits, it's the dumming down of Amerika at it's finest
No one celebrated the 1qt growth numbers, and no one celebrates deficits. The point, which escapes you, is that deficits are down 40%, which indicates we are going in the right direction. I worry about deficits, but I'd worry far more if deficits were still growing. Wouldn't you?
Last edited by Finn_Jarber; 05-08-2014 at 08:00 AM..
No one celebrated the 1qt growth numbers, and no one celebrates deficits. The point, which escapes you is that deficits is down 40%, which indicates we are going in the right direction. I worry about deficits, but I'd worry far more if deficits were still growing.
I did not miss anything, we are bleeding blood from a stone, and you are all giddy that tax receipts went up by 7% for individuals and 15% for corporations, when we had zero growth.
Federal coffers saw a 7% increase in individual income taxes and payroll taxes, a 15% increase in corporate income taxes, and a 37% increase in money paid to Treasury by the Federal Reserve.
In other words, the government is sucking the life blood out of our economy and this to you is something to celebrate.
One thing I notice is that there seems to be two different things here, the DEFICIT and the NATIONAL DEBT.
OK, the deficit has been reduced, so the statistics show.
What about the actual NATIONAL DEBT? How much has IT been reduced?
Look here: U.S. National Debt Clock
This is their shell game. They do this type of thing ALL the time! During the Holiday season they point to jobs being created and then do it again in the spring when seasonal jobs are hiring again. They do this EVERY SINGLE YEAR! Now April will be another one.
I did not miss anything, we are bleeding blood from a stone, and you are all giddy that tax receipts went up by 7% for individuals and 15% for corporations, when we had zero growth.
In other words, the government is sucking the life blood out of our economy and this to you is something to celebrate.
I think you would look much smarter if you left the childish personal remarks out of your posts, and quit misrepresenting other posters. People take you for a teenager when you post the way you post now.
One thing I notice is that there seems to be two different things here, the DEFICIT and the NATIONAL DEBT.
OK, the deficit has been reduced, so the statistics show.
What about the actual NATIONAL DEBT? How much has IT been reduced?
Yes, they are two things, like I mentioned earlier. The debt is accumulation of deficits.
I'm glad to see things going well but I'd still like to shrink the size of government (federal, state and local).
Government has been shedding a lot of jobs, but of course it is not just about the number of government workers, but the overall spending. Unfortunately neither party is willing to cut their pet projects.
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