Current Events — HabitableZone

Current Events » in reply to Re: Exercise for the student: make sure your figures support your case and not your opponents

Re: Make sure your figures support your case and not your opponents

If the end point of the whole argument is that the worst recent deficit* in constant dollars was under George Bush the First (in 1992, shown as $318.4 billion in 1996 dollars), I will grant you that one, and Don is right in his statement.

However, this is a very different statement from "the largest [deficit] ever," as the quoted article said.

During the Reagan, Bush and Clinton years, there were at least seven times the deficit exceeded the $300 billion level(263.2 billion in the 1996 dollars of the chart). If it ends up $400 billion, I guess we'll see. I do know that damn few economic predictions have panned out in my experience.

*Obviously, we don't count WWII deficits in this context.

Log in or register to post.

The whole thread (29 posts)