Hi Bob=0AI still blame the banks and Wall street. Politicians are just pupp
ets usually=0AGraham=0A=0A=0A=0A=0A________________________________=0AFrom:
Robert Borger <rlborger@mac.com>=0ATo: europa-list@matronics.com=0ASent: T
uesday, 19 April, 2011 3:08:49=0ASubject: Re: Europa-List: Re: JABIRU etc.
Keep your ear to the ground.=0A=0AGraham,=0A=0AThe deficit increased consi
derably under Bush for the years 2003 - 2005 with the =0A2004 deficit reach
ing a record (at the time) $462.56 billion. The previous =0Arecord being $
438.5 billion in 1992. By 2006 it had almost been cut in half =0Afrom the
2004 deficit and in 2007 it was down to a "mere" $165.24 billion. =0A BHO's
first year was a mind boggling $1,416 billion followed by $1,294 billion
=0Aand for 2011 $1,650 billion.=0A=0AThose are inflation adjusted numbers t
o 2011. If you looked at the =0Anon-inflation adjusted dollar amounts, the
Bush years don't really look as bad.=0A=0AWhat made Bush look bad was the
fact he came in with a two year budget surplus =0Aand held a budget surplus
through 2001. He had been expected to be more =0Afiscally conservative th
an he turned out to be. The result of his unpopular =0Aspending was the ab
andonment of the Republican Party by the Conservative base in =0A2008 (they
stayed home in droves on election day). So the Socialists won and we =0Ag
ot BHO, Nancy Pelosi, Harry Reid & Co. and $4,360 billion debt generated in
3 =0Ayears. Makes "ShruB," as you derisively put it, look downright thrif
ty.=0A=0A=0ABob Borger =0A=0AOn Apr 18, 2011, at 17:53, GRAHAM SINGLETON wr
ote:=0A=0AJeff=0A>wasn't it the ShruB created the biggest deficit in histor
y and started all this =0A>QE, ? =0A>Graham=0A>=0A>=0A>=0A
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