The Pardu

GOP And The Deficit?

In GOP 2016,, Obama lower the deficit, US Deficit, Your GOP on December 27, 2015 at 11:03 AM

A post-Christmas visit from Mike Victor. And, a timely one at that.

Mike Victor

The deficit fell from 9.8% of GDP in 2009 to 2.8% recently. Although any positive deficit is bad since it adds to the debt, it’s obviously better to slow  Obama administration as the government had to continue TARP and do some stimulus spending to reverse the Bush Great Recession).

But to argue that the debt started or the deficit worsened under Obama or that the size of government increased is simply lying. There is no other, gentler way to put it. It’s not quite the same magnitude of lie as the idea that 5% unemployment is evidence of a terrible economy, ObamaCare represents a government takeover of healthcare, or that 4 dead in Benghazi under Obama represent a greater scandal that 3,000 dead on 9/11/01 under Bush, but it’s close.

The upcoming budget and tax deals make it clear.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: