I Want Your Money

[dsss27]

Quote from peilthetraveler:

I wish that chart was updated to 2010. If you put 2009 and 2010 spending in that chart(under Obama) you would see two hockey sticks.

Here you go, using the current data/sources cited in the original chart.

 

[peilthetraveler]

Quote from dsss27:

Here you go, using the current data/sources cited in the original chart.

Let me just repost that so everyone that hates to click links can see...

 

[Gabfly1]

Sure. When Bush left office in early 2009, it's like the preceding 8 years never happened. That burgeoning economic zit of unprecedented proportions just disappeared on his last day in office. It was magical. You should have been there.

 

[hoodooman]

Gabfly1


Registered: Nov 2009
Posts: 2690


New Post 08-21-10 09:37 AM

Sure. When Bush left office in early 2009, it's like the preceding 8 years never happened. That burgeoning economic zit of unprecedented proportions just disappeared on his last day in office. It was magical. You should have been there.
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+1

 

[Ash1972]

There are two components to Keynesiansim:

1. Build up a surplus during an economic boom
2. Spend some of it during a downturn to lessen its severity

The problem is politicians always forget No.1