PDA

View Full Version : Real 2009 deficit 1.8 trillion



llotter
10-24-2009, 08:03 AM
Thanks to manipulation and gimmicks, The Moron was able to report a very sunny deficit of only $1.4 trillion instead of the actual $1.8. I know we all feel better not knowing the truth but that doesn't make it go away.

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">David Hass
The recent publicly announced Federal Budget Deficit for 2009 is widely reported to be $1.4 trillion.

This figure is inaccurate. Why? Because the Government made an "accounting change".

The real deficit is easily determined.

Thanks to a convenient web page maintained by the Treasury Department, you can access the National Debt data for any day, or range of days.

I chose the range Oct. 1, 2008 to Sept. 30, 2009. The government's fiscal year starts on Oct. 1 each year and ends on Sept. 30.

On Oct. 1, 2008, the National Debt was $10,124,225,067,127.69. On Sept. 30, 2009 the debt was $11,909,829,003,511.75. Subtract the two and voila! Do you get the $1.4 trillion dollar figure? Nope.

Our National Debt has increased not by "only" $1 trillion under President Obama, but has actually increased by over $1.3 trillion.

The media should report the actual figure, not the "adjusted" figure and report that the $1.4 trillion is an adjusted figure every time they use that number.

Of course, these figures don't reflect the unfunded liabilities of over $100 trillion for Medicaid, Medicare and Social Security. That's a story for another happy day. </div></div>

Sev
10-24-2009, 08:37 AM
Lets get that additional 2 trillion for health care up and running.

Happy days!!!

pooltchr
10-24-2009, 09:07 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sev</div><div class="ubbcode-body">Lets get that additional 2 trillion for health care up and running.

Happy days!!! </div></div>

"Celebrate! Celebrate! Dance to the music!"
/forums/images/%%GRAEMLIN_URL%%/crazy.gif

Steve

LWW
10-24-2009, 05:34 PM
Why are y'all posting racist information?

We all know that if <span style='font-size: 20pt'>B-B-B-BOOOOSH!!!!</span> hadn't ran a deficit Obama wouldn't have had to increase it by several hundred percent.

LWW