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http://boards.fool.com/obama-has-said-we-dont-have-a-spending-problem-30535543.aspx
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| Subject: Re: Snowstorm Nemo: denial vs. reality | Date: 2/10/2013 11:05 PM | |
| Author: ModernViking | Number: 1858887 of 1878758 | |
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Obama has said we don't have a spending problem. He said we have a revenue problem. Well, the revenues will never be able to catch up with his spending. Since the deficit has been dropping under Obama, you could hold revenues static and ultimately the spending would catch up with the revenues. Technically not the same as the revenues catching up with spending, but an intersection of those two lines just the same. |
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