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Old 02-02-2012, 09:27 PM
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Riot Riot is offline
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Default Doing the math on Obama's deficits

Ezra Klein, Washington Post reporter,

Quote:
Doing the math on Obama's deficits

... snip ...

When Obama took office, the national debt was about $10.5 trillion. Today, it’s about $15.2 trillion. Simple subtraction gets you the answer preferred by most of Obama’s opponents: $4.7 trillion.

But ask yourself: Which of Obama’s policies added $4.7 trillion to the debt? The stimulus? That was just a bit more than $800 billion. TARP? That passed under George W. Bush, and most of it has been repaid.

There is a way to tally the effects Obama has had on the deficit.

.... snip.
More at: http://www.washingtonpost.com/busine...7fQ_story.html
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