The democrats SHRUNKED!!!! the deficit something the media and teaKKKbaggers not talking about

[bigdarryl]

http://www.rawstory.com/rs/2010/10/democrats-shrank-spending-deficit-fiscal-year-figures-show/

[Imajika]

1. Errr, you mean shrunk?

Not sure "shranked" is a good word for a subject line.

[Duchess]

2. I think he meant shrank...

but I think the exclamation marks in the middle of the sentence are also an odd choice to use for emphasis. Is this post about the deficit or is it going to start a discussion about comparing the tea party to clansmen?

[mikekohr]

3. Study by Dr. Stephen Bloch of Aldephi University , President Obama HAS REDUCED the yearly debt

here are numbers complied by Dr. Stephen Bloch from the Math and Computer Science Department od Adelphi University. He agrees with my stand on the reduction in the yearly debt by President Obama over President Bush's last year in office. In fact if you look at the chart President Obama IS replicating almost exactly the path of President Clinton, the most fiscally responsible president since Harry S Truman.

from http://home.adelphi.edu/sbloch/deficits.html

Comments on Table 1:
The 2008-2009 fiscal year that spanned the Bush-Obama transition (which, for consistency, I attribute to the outgoing administration) had an unprecedented deficit of $879 billion (in 1983 dollars). 2009-2010, the first fiscal year that fell entirely into Obama's administration, was $120 billion smaller, at $758 billion (in 1983 dollars), but still the second-highest annual deficit on record. The third-highest was 2007-2008, at $472 billion in 1983 dollars, and the fourth-highest was 1942-43, at $372 billion in 1983 dollars.

click to view chart
http://home.adelphi.edu/sbloch/deficits.html

mike kohr
Bureau County Democrats
http://bureaucountydems.blogspot.com

[mikekohr]

4. Democrats Always REDUCE the Debt, Republicans Always INCREASE the National Debt -graphs-

LAST 3 REPUBLICAN PRESIDENTS RAN UP $ 9.2 Trillion of NATIONAL DEBT
?

Every President, from Truman to Carter, steadily paid down the staggering debt that was run up in our fight against Nazi Germany and Imperial Japan. That pattern came to a screeching halt with Reagan/Bush and Bush. Clinton’s fiscal policy was a brief respite during this orgy of deficit spending.

Clinton balanced 5 budgets, which is 5 times as many balanced budgets as the last 5 Republican presidents combined.


President Obama, like President Clinton, inherited a sea of red ink and a recession from his predecessor. He, like President Clinton, recognizes the importance of getting America back to work and then getting our fiscal house in order.


See National Debt Graph @: http://zfacts.com/p/318.html


WHY DO REPUBLICAN ECONOMIC PRINCIPLES EXPAND THE NATIONAL DEBT?
-The answer is simple mathematics. Reduced revenue + increased spending ='s increased debt-

?

(click to enlarge)
http://cedarcomm.com/~stevelm1/usdebt.htm

The two biggest promises of "Trickle Down Economics" are it's greatest failings. Proponents of "Trickle Down Economics” claim that tax cuts, skewed to the rich, will create jobs and increase tax revenues. The graph above disproves the latter claim. Job creation plummets under "Trickle Down Economics (see http://bureaucountydems.blogspot.com/p/job-growth.html )and nine of the last ten recessions have occurred under Republican leadership (see http://bureaucountydems.blogspot.com/p/history-of-reces... ).

Two things are certain to grow when a Republican is in the White House, unemployment and the National Debt.


mike kohr
Bureau County Democrats
http://bureaucountydems.blogspot.com

[Liberal_Stalwart71]

5. Not only that, the M$M refuses to report that the Democrats passed PAYGO while

every single Republican Senator voted *against* PAYGO:

http://thehill.com/blogs/blog-briefing-room/news/78533-senate-passes-paygo-rule-in-party-lines-vote