11-28-2016, 12:48 AM
(This post was last modified: 11-28-2016, 01:31 AM by Eric the Green.)
(11-27-2016, 09:17 PM)Warren Dew Wrote: The discussion was about the debt, not the deficit.
However, it's to be noted that the highest deficit on your chart was in 2009, Obama's first year, due to his patronage, er, "stimulus" spending, and it went down mostly after the partial shutdown that the Tea Party folks forced.
Certainly, the Tea Party-demanded cuts and the sequestration cut the deficit, although Obama agreed to it and so had a hand in it. But if the stimulus was "patronage," it was that toward a lot of different folks to whom the Democratic Congress gave it, not just to people on welfare. And it did stimulate the economy. It worked.
You referred to the deficit and said at the end of Obama's term it was twice what it was at the end of Bush's; no it was about the same level.