The Motley Fool Discussion Boards
Investing/Strategies / Armchair Economists
|Subject: Re: So, how about that||Date: 9/9/2011 4:40 PM|
|Author: Ryan68||Number: 1989 of 2003|
It's not very accurate - or honest - to measure Bush's spending record by budget deficit. He conducted a trillion dollar war off budget.
Honest? That's pretty strong since my numbers come from the most recent OMB figures.
I don't think you understand what drives the difference between the budget deficit and the actual debt increase.
What would it look like if you did the exact same comparison using Clinton's years? According to you, the budget deficit and the actual debt increase should equal, right? There was no "off budget" war, right?
You do that comparison, then come back and discuss honesty.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|