Feb 27 2009
Could someone out there who is smarter than me explain this?
So, while I was dropping my cards earlier today I came across a post at another site. In the comment section someone mentioned something that got me thinking. First, I’m not mentioning the person that brought this up because he’s kind of a jerk and I don’t really want to send people his way - I’m not mentioning the blog - although he’s an innocent bystander in this - because you would figure out who the person is and maybe head over to his blog once you got there.
In any case - he did say something that got me thinking. But, I’m sure it can’t possibly be the way he is thinking so - I’m asking for you guys to see if you can explain this. Don’t take this as an Obama bash as it has that potential if he’s right - so - here it is…
He says that since Obama has taken office there have been requests totalling $3.5 trillion. When Obama took office - Bush left him with a deficit of $500 Billion. Obama has stated that by 2012 he’s going to cut the deficit in half. If that were true - then technically Obama will only be bringing the deficit down to $1.75 trillion which is still more than 3 times larger than when he started his Presidency.
Can that be right? Wouldn’t that mean that Obama didn’t really reduce the deficit at all? I don’t see how this other guy’s math could be correct. It has only been a little over a month since Obama took over. If this guy is right - with almost four years left there will certainly be more spending requests which would bring that deficit amount even higher. I hope someone can explain this away because I would hate to think that guy is right about this thing.
As a side note - do you think if I got one of these I could drive my neo-con hubby out of his mind!
Thanks,
Sarah







