Are the charts fraudulent and do you have evidence that government spending spending was under control and that the government was not expanding prior to Obama?
That shop was financed by a pal of Soros...not the man directly.
Henry Blodget was convicted of insider trading fraud, and is banned from the industry. Take the source for what it’s worth.
Nice comments on there... I especially like the one that points out:
1994-2006, with Republicans in control of the House, US Public debt increased a total of 33%... or 12 years.
In the FOUR years the Democrats were in control.. 2006-2010.... Public debt DOUBLED... 100% increase.
"..Fraud allegation and settlement
In 2002, then New York State Attorney General Eliot Spitzer, published Merrill Lynch e-mails in which Blodget gave assessments about stocks which conflicted with what was publicly published.[4] In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission.[5] He settled and agreed to a bar from the securities industry. He paid a $2 million fine and $2 million disgorgement.[6].."
So that means we really are really not in hock for 14 trillion dollars and don’t have to increase the debt limit? Great. I feel much better now.
Assumes that income declared to IRS would have been the same with or without the Bush Tax Cuts, aka. static analysis. If higher rates had been in effect, then the private sector would not have reported the same amount of income because the business decisions would have been different.
The guy is an bozo he has tax cuts as a cost, enough said.
Has everyone forgotten that the World Trade Center was demolished. Could that have impacted the economy negatively just at the start of W's Presidency?
Obama is NEVER responsible for anything.