REAL U.S. Deficit 4x LARGER than reported

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  • Andy117
    SBR Hall of Famer
    • 02-07-10
    • 9511

    #36
    Originally posted by ** PICKS
    Real unempoloyment % is around 21% too, another figure obama fudges.
    Does this administration figure this out any different than it has been in figured in the past?
    Comment
    • ChalkyDog
      SBR Hall of Famer
      • 10-02-11
      • 9598

      #37
      Poli Sci 101.

      The first four years of a presidents administration, is seeing the effects of the previous administrations policy.

      It is only in term two does a president ever get to see the benefit/wrath of their policy.

      C'mon people - common knowledge.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #38
        CD , this severe problem crosses party lines and every president & congressional Leader since 1963 share in the wrath

        however, the ballooning of the deficit is more glaring in recent memory
        Comment
        • ChalkyDog
          SBR Hall of Famer
          • 10-02-11
          • 9598

          #39
          Originally posted by Sam Odom
          CD , this severe problem crosses party lines and every president & congressional Leader since 1963 share in the wrath

          however, the ballooning of the deficit is more glaring in recent memory
          A trillion isn't what it used to be. And since we became responsible for holding up banks, providing aide world wide, staying in pretend wars, and having to borrow to do all of it, it's bad.

          This isn't an Obama problem, this is a systemic issue.

          It doesn't help that he inherited a shit mess, and has no economic sense to fix it.

          We had two options, let the banks fail, or bail them out. I think some of those loans have been repayed, but it is what it is.

          You wont see Obamas accomplishments or failures well into his second term. Currently, we are still seeing the end of the Bush misery.

          And, that alone is why I blame Clinton for 9/11 more than Bush.
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #40
            Originally posted by ChalkyDog

            A trillion isn't what it used to be.
            Just walking around money for Uncle Sam


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