Thread: Economics The Fiscal Cliff Approacheth
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Old 12-04-2012, 09:25 PM   #422
patteeu patteeu is offline
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Quote:
Originally Posted by Direckshun View Post
Because you posted about debt as if it was the deficit.
No I didn't. You understand that there's a relationship between debt and deficit, right? You should also understand that deficits can occur over any time period, not just a single year as we typically use the term. The deficit over the entire Obama term is roughly $6 trillion. That's also the amount added to the pre-existing debt.
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