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What is wrong with this CNN chart? (Obama's economy)
Cnn Money ^ | 1/22/13 | Cnn

Posted on 01/21/2013 6:13:48 AM PST by listenhillary

Snap shot in case they change it.


(Excerpt) Read more at money.cnn.com ...


TOPICS: Extended News; Government; News/Current Events
KEYWORDS: boycotttimewarner; cnnbias; cookedthebooks; enemedia; obamaeconomy; partisanmediashills; pravdamedia; timelies; waronerror
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http://money.cnn.com/galleries/2012/news/economy/1206/gallery.Obama-economy/13.html
1 posted on 01/21/2013 6:13:53 AM PST by listenhillary
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To: listenhillary

bfl


2 posted on 01/21/2013 6:18:44 AM PST by Principled
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To: listenhillary

Pay no attention to the numbers, the bars say spending is down!


3 posted on 01/21/2013 6:18:48 AM PST by RFEngineer
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To: listenhillary

The number for 2012 is the second highest, yet the bar graph displays it as the lowest of the four.


4 posted on 01/21/2013 6:20:16 AM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: listenhillary

wow... 3500 just isn’t what it used to be...


5 posted on 01/21/2013 6:20:19 AM PST by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them)
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To: listenhillary

2 things:
- it should go back to at least 2006. (before Obama)
- 3540 is greater than 3455 (so the 2012 bar should be the second highest, instead of the shortest.)


6 posted on 01/21/2013 6:21:04 AM PST by Triple (Socialism denies people the right to the fruits of their labor, and is as abhorrent as slavery)
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To: listenhillary

LOL!!! One has to wonder how they could create a chart like this without deliberately altering it. Excel certainly wouldn’t have done it.


7 posted on 01/21/2013 6:21:14 AM PST by HarleyD
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To: SomeCallMeTim
wow... 3500 just isn’t what it used to be...

They obviously adjusted it for inflation. It appears that 2012 is stated in 1965 dollars. (sarc)

8 posted on 01/21/2013 6:24:52 AM PST by immadashell
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To: Hoodat

Yep. The bars don’t match the numbers. But even if they did the chart is meaningless without comparison to GDP and displaying some historical context such as including the four years before Obama.


9 posted on 01/21/2013 6:25:52 AM PST by plain talk
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To: listenhillary

His voters are too stupid to figure it out. They can’t read, cannot use their brains and are uneducated to the point of only being able to look at a picture. In line with the checkout lanes now showing a picture holding up 10 fingers for the express lanes. Thank you public schools—except they are doing it on purpose to make sure there is an uneducated base of voters.


10 posted on 01/21/2013 6:26:51 AM PST by freeangel ( (free speech is only good until someone else doesn't like it)
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To: listenhillary

LOL, someone is bad with charts (on purpose?)


11 posted on 01/21/2013 6:27:55 AM PST by mnehring
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To: mnehring

CNN = We Lie To You


12 posted on 01/21/2013 6:29:02 AM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: plain talk

One thing the chart does reveal is that the so-called ‘stimulus’ spending of 2009 has continued unabated every year since.


13 posted on 01/21/2013 6:30:30 AM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: listenhillary

It is adjusted for inflation? /s


14 posted on 01/21/2013 6:32:57 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: listenhillary

Some percentage of the Walking Around Money actually went out in the form of KFC coupons?


15 posted on 01/21/2013 6:39:40 AM PST by Buckeye McFrog
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To: listenhillary

Sell a few trillion dollar coins and the Anointed One can spend his second term partying, playing golf, and vacationing. Wait! That’s all he did in his first term.


16 posted on 01/21/2013 6:42:53 AM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: listenhillary

Reference time frame is another thing ‘wrong’ with the chart. Liberal pundits have advanced the idea that Obama has held spending ‘steady’ whilst Republicans like Bush (and even Reagan) allowed spending to creep upward during their tenure. And this is ‘true’ because the stimulus and Obama’s Federal government expansion all occurred during his first year.

The following numbers come from the Congressional Budget Office:

.......Revenues........Outlays..........Surplus/Deficit

1972... 207.3.. ...... 230.7.. ..... -26.1
1973... 230.8.. ...... 245.7.. ..... -15.2
1974... 263.2.. ...... 269.4.. ..... -7.2
1975... 279.1.. ...... 332.3.. ..... -54.1
1976... 298.1.. ...... 371.8.. ..... -69.4
1977... 355.6.. ...... 409.2.. ..... -49.9
1978... 399.6.. ...... 458.7.. ..... -55.4
1979... 463.3.. ...... 504.0.. ..... -39.6

1980... 517.1.. ...... 590.9.. ..... -73.1
1981... 599.3.. ...... 678.2.. ..... -73.9
1982... 617.8.. ...... 745.7.. ..... -120.6
1983... 600.6.. ...... 808.4.. ..... -207.7
1984... 666.4.. ...... 851.8.. ..... -185.3
1985... 734.0.. ...... 946.3.. ..... -221.5
1986... 769.2.. ...... 990.4.. ..... -237.9
1987... 854.3.. ...... 1,004.0....... -168.4
1988... 909.2.. ...... 1,064.4....... -192.3
1989... 991.1.. ...... 1,143.7....... -205.4

1990... 1,032.0....... 1,253.0....... -277.6
1991... 1,055.0....... 1,324.2....... -321.4
1992... 1,091.2....... 1,381.5....... -340.4
1993... 1,154.3....... 1,409.4....... -300.4
1994... 1,258.6....... 1,461.8....... -258.8
1995... 1,351.8....... 1,515.7....... -226.4
1996... 1,453.1....... 1,560.5....... -174.0
1997... 1,579.2....... 1,601.1....... -103.2
1998... 1,721.7....... 1,652.5....... -29.9
1999... 1,827.5 ...... 1,701.8....... 1.9

2000... 2,025.2 ...... 1,789.0....... 86.4
2001... 1,991.1 ...... 1,862.8....... -32.4
2002... 1,853.1 ...... 2,010.9....... -317.4
2003... 1,782.3....... 2,159.9....... -538.4
2004... 1,880.1....... 2,292.8....... -568.0
2005... 2,153.6....... 2,472.0....... -493.6
2006... 2,406.9....... 2,655.1....... -434.5
2007... 2,568.0....... 2,728.7....... -342.2
2008... 2,524.0....... 2,982.5....... -641.8
2009... 2,105.0....... 3,517.7....... -1,549.7

2010... 2,162.7....... 3,456.2....... -1,370.5
2011... 2,302.5....... 3,598.1....... -1,362.8

As you can see, spending went steadily up under Bush, increased by $500 Billion during Obama’s first year. Another way to look at this is that no President other than Obama has ever run a $3 Trillion ‘budget’, and no President other than Obama has ever run a $Trillion deficit.

One other thing worth noticing is that Revenues went dramatically UP after the Bush tax cuts. Oops!

http://www.cbo.gov/publication/42911


17 posted on 01/21/2013 6:46:03 AM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: listenhillary

BookMark for sheeple facts.

Dear Lord, share Your strength.
Tatt


18 posted on 01/21/2013 6:47:30 AM PST by thesearethetimes... ("Courage, is fear that has said its prayers." Dorothy Bernard)
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To: Principled
Baseline of 3 Trillion to exaggerate changes.
19 posted on 01/21/2013 6:48:12 AM PST by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: listenhillary
More evidence that Obamaerica is becoming the dumbest nation in the world. Working toward being the stupidest.
20 posted on 01/21/2013 6:50:45 AM PST by Tupelo (Hunkered down & loading up)
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