To: Free Vulcan
Krugman, in a November 2004 interview, criticized the "enormous" Bush deficit. "We have a world-class budget deficit," he said, "not just as in absolute terms, of course -- it's the biggest budget deficit in the history of the world -- but it's a budget deficit that, as a share of GDP, is right up there."
The numbers? The deficit in fiscal year 2004 -- $413 billion, 3.5 percent of the gross domestic product.
Your not an Economist
Your an Obama flack
5 posted on
08/02/2011 5:32:46 AM PDT by
scooby321
To: scooby321
The numbers? The deficit in fiscal year 2004 -- $413 billion, 3.5 percent of the gross domestic product.
Obama's deficits - 10%, 9% and 11%. I'm sorry but anyone that is STILL defending any of DEAR LEADER's economic policies has no understanding of past data at all. There is NOT ONE economic metric where Obama's Keynesian policies have worked. At this point, I think even Keynes would tell Obama that the Keynesian model is flawed.
That is why I strongly believe that Obama is MIHOPPING our economy.
7 posted on
08/02/2011 6:00:34 AM PDT by
Eagle of Liberty
(Shaking My Head on a daily basis)
To: scooby321
Do you have a link to that quote? It would come in mighty handy. Krugman is really starting to bother me. He is so often quoted by libs and, with his “credentials” they buy his arguments hook, line and sinker. He is a dangerous man, IMO.
9 posted on
08/02/2011 7:14:31 AM PDT by
gloryblaze
(Don't forget to donate and keep FR going strong!)
To: scooby321
Your not an Economist Your an Obama flack
Two words: You and Are.
You + Are = You're
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