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To: colorado tanker

Your charts show the CBO figures. Here is a conservative analysis which claims that the CBO numbers are ‘cooked’. http://www.craigsteiner.us/articles/32

The liberals like to claim that Clinton ran a surplus, but it doesn’t work out if one disallows the trick of not counting federal debt which is self-funded.

On the other hand, many on this thread claim that spending by Bush did not get out of hand until the Democrats controlled Congress. The figures from CBO and Craig Steiner’s web site do not support this notion. Craig’s numbers show that the deficit under Bush jumped up immediately which probably was due to the war with Iraq.

It is important to note that the bubble at the end of the Bush years was due to Tarp which was negotiated by Obama’s incoming administration. (I will never understand why Bush allowed this. I guess he bought into the idea that the problem was a true calamity and not just a chance to raid the treasury to pay off Wall Street.)


31 posted on 08/29/2011 3:23:06 PM PDT by the_Watchman
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To: the_Watchman

................Craig’s numbers show that the deficit under Bush jumped up immediately which probably was due to the war with Iraq..............................

We could also come up with a chart of expenditures of what now constitutes the Dept. of Homeland Security.

Do you remember all the unneeded crap that the states were receiving in 2002-04 gratis from the US government. Stuff that was given to them to combat any potential Muzzie threat?

I remember my small RI town got new harbor patrol boats and supplies free, on top of all the rest of the communications, police, fire, junk. Then, once there, the local towns/states had to support all this new junk with added personnel, police units, fire departments, communications, maintenance. So the junk formed a tri-fecta: The US spent money; forcing the states to spend future money; causing the counties and town to rachet up their budgets.

But, let’s have somebody individually chart Homeland Security expenditures, along with all those duplicated do-nothing personnel sitting in the airports in their fancy TSA uniforms.


53 posted on 08/29/2011 3:50:16 PM PDT by Noob1999
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