HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » The Debt is not the same ...
Introducing Discussionist: A new forum by the creators of DU

Tue Feb 26, 2013, 09:25 AM

The Debt is not the same as the Deficit

And neither one is entirely Obama's fault: http://bluntandcranky.wordpress.com/2013/02/25/a-week-of-harsh-truths-day-two-the-debt-is-not-the-deficit/

4 replies, 445 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 4 replies Author Time Post
Reply The Debt is not the same as the Deficit (Original post)
riqster Feb 2013 OP
sinkingfeeling Feb 2013 #1
riqster Feb 2013 #2
sinkingfeeling Feb 2013 #3
riqster Feb 2013 #4

Response to riqster (Original post)

Tue Feb 26, 2013, 09:32 AM

1. I would say neither one is Obama's fault.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sinkingfeeling (Reply #1)

Tue Feb 26, 2013, 10:15 AM

2. You could make a case for that

I figure the deficit, maybe a small percentage can be attributed to him. The debt, that belongs 100% to the Reeps.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to riqster (Reply #2)

Tue Feb 26, 2013, 10:19 AM

3. The yearly deficits are going down.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sinkingfeeling (Reply #3)

Tue Feb 26, 2013, 10:41 AM

4. As the blog post said.

My point is: some deficit spending is a good thing in recession. Obama did at first jack up spending ( not much, but a bit) in some carefully targeted areas, and achieved the stimulative effects he was aiming for. Since then, he has helped reduce deficits as you correctly point out.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread