The Budget Deficit Just Fell To Lowest Point Of Obama’s Presidency (Again)

[zappaman]

Want to make a Republican squirm? “Tax-and-Spend” Obama just dropped the deficit to the lowest point since he took office and nearly where it was before the economy crashed in 2008.

You might not hear about it on Fox News, but the Congressional Budget Office announced this week that the last year saw the deficit drop a staggering one-third. This was the fifth year in a row of a falling deficit and now sits at a level that is lower than the average for the past 40 years.

more at link:

http://www.addictinginfo.org/2014/10/11/the-budget-deficit-just-fell-to-lowest-point-of-obamas-presidency-again/

[louis-t]

1. No Republican I know will admit this.

Every, single, one tells me he has "quadrupled" the deficit. When you ask for proof, they change the subject.

[JaneyVee]

4. Yup. And he tripled the debt!

Even though it was at $10T and now its $16T but sonehow to conservatives that's "tripling". And even though most were from Bush who kept it off the books but "blah blah blah I can't hear you". Its fun to ask them what Obama spent it on. Crickets.

[zappaman]

9. Bunch of Democrats wont either. n/t

[Thinkingabout]

2. Obama is not fitting the mold the GOP had predicted. Poor babies, more tears for the tan man.

[zappaman]

3. Waaahhhhh!

[Chimeradog]

5. good job

Good job Obama...

Rethugs will now start discussing abortion .

lol @Boehner, I wont sleep tonight with that image in my head. He is a symbol for everything in the GOP, angry, nasty, sell-outs and corporate wh*res.

[zappaman]

8. Sorry for the image.

That prick should not be in anyone's head

[Chimeradog]

11. hehe

its okay ))

he looks insane, which is great for anyone who is not familiar with "agent orange" and his crocodile tears

I love ur avatar too btw. I don't get 2 post here as much bcs I'm a single Mom who cannot believe what is going on in DC these days. (from the Rethugs)

GOP NEVER gets it- and never will

[Fred Sanders]

6. Not to be reported on Fox, not to be reported anywhere.... too many people might notice and

give credit to Obama...avoided even here at DU.

[zappaman]

7. Very much avoided on DU

which is sad.

[pampango]

10. Krugman: The Deficit Is Down, and Nobody Knows or Cares

The CBO tells us that the federal deficit is way down — under 3 percent of GDP. And Jared Bernstein notes that Obama seems to get no credit.

You may ask, what did you expect? But the truth is that a few years ago many pundits claimed that Obama would reap big political rewards by being the grownup, the responsible guy who Did What Had To Be Done. Worse, some reports said that the White House political staff believed this.

It was, of course, nonsense on multiple levels. While pundits may like to script out elaborate psychodramas about voter perceptions, real perceptions bear no relationship to their scripts — in fact, a majority think the deficit has gone up on Obama’s watch, while only a small minority know that it’s down.

And the deficit scolds themselves are unappeasable — nothing that doesn’t involve severely damage Social Security and/or Medicare will satisfy them. Why, it’s almost as if shredding the safety net, not reducing the deficit, was their real goal.

http://krugman.blogs.nytimes.com/2014/10/08/the-deficit-is-down-and-nobody-knows-or-cares/?_php=true&_type=blogs&_r=0

republicans' constant PR campaign about "big-spending Democrats" has been wildly successful in terms of public perception, despite the fact that it is based on fear and emotion rather than fact (IOW, a typical conservative tactic).

[zappaman]

12. Certainly no one on DU seems to care. n/t