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Bush's budget didn't include the 800 billion of Medicare Part D, nor did it include funding for the wars, which were passed outside the budget process. Add those two items into bushes budget and subtract them from Obama's - just to be fair.
That's not to say Obama is being fiscally responsible, but give credit where credit is due.
The charts just above your post do include those costs, so there's no need to make the adjustments you suggest.
The left side is "actual" which includes the amount actually spent. It doesn't include the amount obligated in that year, for future expenditures. The future obligations don't go away when a new president is sworn in.
Get your facts straight
You're not making any sense. It doesn't include future expenses, and it also doesn't include the amount that will be collected in future revenues. You have to use the same standard for both.
Bush's budget didn't include the 800 billion of Medicare Part D, nor did it include funding for the wars, which were passed outside the budget process.
No, you don't.
Future revenue is speculative, while future obligations are fixed.
If I buy a car on credit this year, but don't pay for it until next year, the payment counts against next year's budget.
No, you don't.
Future revenue is speculative, while future obligations are fixed.
If I buy a car on credit this year, but don't pay for it until next year, the payment counts against next year's budget.
When the wingnuts say things are going to get worse, that is what they hope for.
I know the President really doesn't have much effect on the economy, but since this thread and others blame Obama for the economy, he must be doing something right.
Just wanted to re-stress this Literotica General Board maxim for those who slept.
He's not even 9 months in and he's almost fixed all the Bush fuck-ups.
When the stock market was really really really bad, it was like Obama was the Antichrist up in here. "Why doesn't Obama DO SOMETHING??? Why isn't he being a PRESIDENT??? Why doesn't the market have any FAITH IN OBAMA???"
Now that it's doing pretty damn good, it's like, "oh Obama had nothing to do with that. Stock market ain't got shit to do with the economy. Only reason it came back was because of some remnants of some people fighting for freedom by watering the tree of liberty."
We just like messin' with you.
I mean, seriously, Italian suits and no ladies?
Unless that's not your thing.
Not that there's anything wrong with that.
Nothing in the world will ever replace the love and quality of a good, busty, voluptuous woman by your side, B'rer Fire. Nothing.
But when you have a cocksucker as templar as Beco/Faneros on your dick, you just have to let his expertise take over until he gets his protein lunch for the day. That's some real trickle-down economics at work!
You on your union lunch break?
With the Dow climbing near 10,000 again what's happened to all of the dire, end of the world ravings of our resident "conservative" economists?
Where is all of this inflation we were warned about? According to reports the Consumer Price Index is down 1.5% overall from last year. Despite Augusts increase in prices, gasoline is still down 30% from the high a year ago.
Despite the dire warnings of some of Lit's resident math wizards the Chinese are still very much interested in buying US Treasury securities.
I guess the sky isn't falling after all.