old progrmr Wrote:
Oct 06, 2012 2:03 PM
The problem with "progressive", they never look at the statitical facts. Even adding in the cost o the Iraqi war, the yearly deficit during the "Bush Years" never exceeded 600 billion dollars, a little bit more than 1/2 of the ongoing yearly deficits of Obama. I agree the Bush years saw a huge increase in federal spending, but not anywherre near what we see by Obama. The GDP has been nearly stagnant (1% to 2.5% increases) for the last 6 years and the federal expenditures have risen from an historical 21% of GDP to about 26% of GDP under Obama.