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!!!

No comments: