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"President Obama Largely Inherited Today’s Huge Deficits" - Great chart to use! [View All]

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Are_grits_groceries Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-18-09 07:08 AM
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"President Obama Largely Inherited Today’s Huge Deficits" - Great chart to use!
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Notice the tiny contribution of Tarp, Fannie, and Freddie (shaded red) and the stimulus package (shaded yellow, just below the red area) to the deficit from 2012 onward. These are not the source of our long-term budget problems.

http://economistsview.typepad.com/economistsview/2009/12/president-obama-largely-inherited-todays-huge-deficits.html

That sums it up!
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