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Old 02-14-2013, 08:32 PM   #94
Direckshun Direckshun is offline
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Join Date: Oct 2006
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Quote:
Originally Posted by AustinChief View Post
No he hasn't. that is a lie.
Alright. Let's see the Big Bad Direckshun Lie.

Quote:
Originally Posted by AustinChief View Post
Here are the FACTS...

The deficit is fluid and goes up and down over the course of the year. The 2008 deficit was $460 billion. The deficit at the MOMENT Obama took office was projected as $1.1 trillion. He then proceeded to add over $300 billion to that amount. He then reduced that by $100-$200 billion each year.
I'm trying to see where this disagrees with anything I've said. Where's the lie?

Obama inherited a $1.3 trillion deficit, that, with stimulus policies, shot up to $1.5 trillion. (You say $1.1T and $1.4T respectively, but whatever. We're not far from each other).

He has managed to reduce it under $900 billion this year -- a speed of deficit reduction that has not been equaled in our or our parents' lifetimes.

Quote:
Originally Posted by AustinChief View Post
The DEFICIT is not the debt... it can be eliminated INSTANTLY. You don't have to "work down" the deficit.
Uh, yeah sure. You can eliminate it instantly if you instantly slash a trillion dollars from the federal budget, which is what mlyonsd clearly prefers.

Want to guess what that'd do to the economy?
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