Tuesday, September 28, 2010

He's Going to Do It!!!

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$ 158,5202010/08/31$ 1,259,597
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:$ 2,279,377


Can President Obama do the impossible!!!

He has just one month to spend $192,681 Billion more than his administration brings in. And, he is hampered by the fact that September is normally a revenue month.

It will take 'The Black Swan Event' (President Obama) 21 or 22 months to accomplish what it took the Chimp (President Bush) 96 months to accomplish.

The era of fiscal responsability is here!!!

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