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To: takenoprisoner
If this is the case, then why the deficit of 16 trillion?

There is not now, nor was there every, a deficit of 16 trillion.

The Fed’s actual lending to banks and financial companies at its single-day peak, Dec. 5, 2008, was $1.2 trillion.

54 posted on 12/27/2011 10:26:15 PM PST by Doe Eyes
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To: Doe Eyes
There is not now, nor was there every, a deficit of 16 trillion.

So all this chatter about trillions of dollars in deficit spending is a hoax. Cool. We can all relax now. Thanks for setting the record straight.

55 posted on 12/27/2011 10:35:36 PM PST by takenoprisoner (Constitutional Conservatism is Americanism.)
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