Tuesday, February 15, 2011

Half Price

Obama said he would reduce the decifit by 50% by the end of his first term. Most people take that to mean that he would run a surplus high enough that the national debt would decrease. But it is becoming obvious that what he means is that if the deficit was 4 billion dollars additional to the existing debt in year one thyen by year four the country will only go into debt an addtionbal $2 billion dollars.

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