surplus/deficit misdirection 66 Responses

Last post: 3 months, 3 weeks ago | Thread started: Aug 13, 08, 12:21 a.m.

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• hedge

  I've seen this image posted a few times around here. It is completely misleading and fallacious.

  

  Here's why.

  

  This article explains the Clinton myth. http://www.letxa.com/articles/16…

  Also from the wikipedia page: "Under Clinton, the United States had a projected federal budget surplus for the first time since 1969."

  Any idiot can have a projected budget surplus. All that means is that they were *planning* for a particular year to go into the green. The reality is it never happened.

  Aug 13, 08, 12:21 a.m. – Permalink

• NONEIS

  zzz

  • scratch~scratch. pitooey!– lambsy1/4

    I was trying to fall asleep, Hedge is doing the trick!– NONEIS2/4

    for a guy that 'handles money,' i thought you'd be smarter than this.– lambsy3/4

    Listen, Hedge got $600 from Bush, the man can do no wrong :|– NONEIS4/4

  

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  Dog-earAug 13, 08, 12:32 a.m. – Permalink

• acescence

  no, not completely misleading. reagan and the bushies are not fiscal conservatives and mccain's tax plan will bring the deficit to spectacular new levels, so it's more right than wrong.

  

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  Dog-earAug 13, 08, 12:35 a.m. – Permalink

• hedge

  I'm not saying Bush was fiscally responsible. I'm saying Clinton was just as bad as the rest of them.

  • McCain = More of the same– NONEIS1/3

    your chart clearly shows otherwise– lambsy2/3

    except for that whole reduction of the deficit thing.– mcLeod3/3

  

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  Dog-earAug 13, 08, 12:42 a.m. – Permalink

• acescence

  hey, we agree!

  

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  Dog-earAug 13, 08, 12:42 a.m. – Permalink

• hedge

  Indeed we do.

  • You guys seem to agree.– TheBlueOne1/3

    i agree. They DO seem to agree– locustsloth2/3

    So we are agreed then.– TheBlueOne3/3

  

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  Dog-earAug 13, 08, 10:57 a.m. – Permalink

• Mimio

  Your chart shows that Clinton/Gore reduced the deficit. Then promptly in 2000 Bush cuts taxes for the wealthy and there went the projected surplus and opened the gates for huge deficit spending.

  

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  Dog-earAug 13, 08, 11:17 a.m. – Permalink