Current Events — HabitableZone

Current Events » in reply to Predicted 2007 deficit: $205 billion.

Everyone's an economist

People who have never studied economics all think they know how economics works. Funny how most people recognize that they are not brain surgeons or chemists or rocket scientists, but they all think they are economists. Whatever, let them live in ignorant arrogance.

The American economy will survive the Shrub administration, but since you are pointing out his "great" work let's take a look at the national debt figures. Since 1980 we have had 3 Republican presidents and 1 Democrat president. Which party has claimed to be the party of fiscal responsibility?

http://www.marktaw.com/culture_and_media/TheNationalDebtImages/NewDebtAnnualy-1980-Present.gif


http://www.marktaw.com/culture_and_media/TheNationalDebtImages/DeficitRealDollars1941-2009.gif


http://www.marktaw.com/culture_and_media/TheNationalDebtImages/DebtRealDollars1940-2009.gif


http://www.marktaw.com/culture_and_media/TheNationalDebtImages/inflation.gif

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