Saturday, January 04, 2014

Glory in Obama!!!

Single handedly President Obama reduced the FY2013 deficit to a mere $225,426 Billion 'discount' to the Chimp's worst effort.  'W' - what a chump - could only generate a negative outflow of $492,334 (inflation adjusted) in FY2008.  And, he was only able to accomplish this pathetic effort during the very height of the housing and credit bubble.  What a piker.

We glory in Obama!!!


President BushPresident Obama
YearDeficit
YearDeficit
2001/02/01 - 2001/09/30$ -53,1292009/02/01 - 2009/09/30$ 1,019,780
2002/09/30$ 158,5202010/09/30$ 1,294,204
2003/09/30$ 374,2192011/09/30$ 1,298,614
2004/09/30$ 412,5532012/09/30$ 1,089,353
2005/09/30$ 318,6152013/09/30$    680,232
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:$ 5,382,183

Earlier I postulated that Obama may be slipping:  "If this Administration continues to amaze me by reducing the FY2013 deficit by $6 Billion a month we will ONLY have an annual deficit of $457 Billion."  That was truly disappointing.

However, I knew I could count on him and his Administration.  Even with record income he strove to spend the best he could under the straight jacket impost by the Tea Party.

So, let us party with $680,232 of new debt!!!