Visualizing budget cuts

[Lake View Too]

I find this graph so interesting, I want to view it again.

 

[idlewind]

A very large portion of the debt has to do with the Three Trillion Dollar War, the bailouts initiated at the end of the Bush era, and the fact that the economy collapsed at the end of the Bush administration, with resultant loss of revenue. Obama has had no choice, and you know it. No one wants the numbers to go higher, but if you review the graph above, you will see that it never did drop like a rock, and without a strong economy it simply won't head down.

I think the overarching lesson from that graph is that Republican administrations are not more fiscally responsible than Democratic administrations.

But republican congresses generally are.

 

[30ashopper]

A very large portion of the debt has to do with the Three Trillion Dollar War, the bailouts initiated at the end of the Bush era, and the fact that the economy collapsed at the end of the Bush administration, with resultant loss of revenue. Obama has had no choice, and you know it. No one wants the numbers to go higher, but if you review the graph above, you will see that it never did drop like a rock, and without a strong economy it simply won't head down.

I think the overarching lesson from that graph is that Republican administrations are not more fiscally responsible than Democratic administrations.

Ok, I get it. Obama has no choice. He's powerless to stop it. So where do you think the Bush administration will push the current public debt to over the next few years?

 

[Lake View Too]

Ok, I get it. Obama has no choice. He's powerless to stop it. So where do you think the Bush administration will push the current public debt to over the next few years?

Your sarcasm is well noted. Please offer some plan to lower the debt, because nobody in congress is doing so. We need to cut military spending by 10% and entitlements by 10%. And I'm not joking.

 

[30ashopper]

Your sarcasm is well noted. Please offer some plan to lower the debt, because nobody in congress is doing so. We need to cut military spending by 10% and entitlements by 10%. And I'm not joking.

Unfortunately that only scratches the surface, you're going to have to cut deeper.

 

[30ashopper]

Here's [strike]Obama's[/strike] Bush's 2010 budget.

2.381 trillion in, 3.55 trillion out.

[ame="http://en.wikipedia.org/wiki/2010_United_States_federal_budget"]2010 United States federal budget - Wikipedia, the free encyclopedia[/ame]