Sunday, August 29, 2010

The Era of Fiscal Responsibility!!!

Re(1): 'Monthly Treasury Statement', The U.S. Department of Treasury

Note: These are actual numbers.


President BushPresident Obama
YearDeficitYearDeficit
2001/02/01 - 2001/09/30$ -53,1292009/02/01 - 2009/09/30$ 1,019,780
2002/09/30$ 158,5202010/07/30$ 1,169,071
2003/09/30$ 374,2192011/09/30
2004/09/30$ 412,5532012/09/30
2005/09/30$ 318,6152013/09/30
2006/09/30$ 247,6982014/09/30
2007/09/30$ 162,8332015/09/30
2008/09/30$ 454,8062016/09/30
2008/10/01 - 2009/02/01$ 395,9432016/10/01 - 2017/02/01
Totals:$ 2,472,058Totals:$ 2,188,851


August is normally a deficit month. The normal deficit for August is somewhere around $70 Billion (inflation adjusted). My guess is that our fiscally responsible President and his Congress will dramatically 'improve' on that normal - making it 'The New Normal'...

Where does that leave our Responsible President and Congress?

With a deficit of a mere 283,207 Billion for the month of August they will match in 19 months what took that piker Bush 96 months.

Amazing!!!

That is Change We Can Believe In!!!