In response to:

October 2012 Deficit Bigger Than October 2011

lois01 Wrote: Nov 13, 2012 3:24 PM
"Deficits don't matter" --- Richard Cheaney.
NullifyNow Wrote: Nov 13, 2012 3:38 PM
lois

Richard Cheney is a CFR member just like Joseph Biden. Deficits don't matter to people who are hellbent on destroying America like Biden, Obama, Cheney, and Bush are.

Criminal types on the left promote it. The rank and file GOPers do not. And that is the most important difference.
Petrus64 Wrote: Nov 13, 2012 3:50 PM
You're going to send her cognitive dissonance meter into the red zone. It's hard enough for liberals to grasp reality let alone the shadow reality underneath it all.
Petrus64 Wrote: Nov 13, 2012 3:33 PM
Lois, you have no Economics Acumen. Leveraging a little is smart. Being completely into the Banana Republic level is stupid.

Read the entire paragraph of his original statement instead of being a soundbite queen. It's utterly stupid to take everything out of context.

The October 2012 U.S. budget deficit has increased compared to the budget deficit of October 2011. In October 2011, we saw a deficit of $98.5 billion and October 2012 shows a $120 billion deficit according to the Treasury Department.  This number comes more than 2000 days since Senate Democrats introduced a budget.

To put this into perspective, let's look at President Obama's most recent argument for raising taxes on those making more than $250,000 per year.

Democrats countered that the one-year savings from ending the cuts for the rich may not be much, but that...