A Picture Is Worth A Thousand Words (or trillions of dollars) March 27, 2009
Posted by Bob in Finance, Politics.Tags: Deficit, Obama
2 comments
I was recently “taken to task” in the comments of a previous post by Roland for (his word) bleating out conservative propaganda related to deficit spending. Fair enough. I am fiscally conservative and am admittedly dismayed at the levels of proposed government spending by President Obama and the Democrat controlled congress. Nevertheless, liberals won the election and as such get to set policy and spending levels. That said, I came across a chart that compares actual deficits by the Bush administation over the last eight years versus proposed deficits by the Obama administration. The chart also compares White House and Congressional Budget Office deficit forecasts through 2019. As they say, a picture is worth a thousand words (or trillions of dollars)
http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/
